Home > Pharmaceuticals > Softgel Capsules Market Trends, Share, Size, Growth, Forecast 2030
Straits Research

Softgel Capsules Market

Softgel Capsules Market: Information by Type (Gelatin/Animal, Non-animal), Application (Antacid and Anti-flatulent Preparations, Anti-anemic Preparations), and Region — Forecast till 2030

Table of Content Download Sample

Market Overview

The global softgel capsules market size was valued at USD 7.55 billion in 2021. It is projected to reach USD 14.86 billion by 2030, growing at a CAGR of 7.81% during the forecast period (2022–2030). Softgel capsules are orally administered in capsule dosage form and predominantly comprise gelatin, pullulan, HPMC, potato starch, pectin, and other ingredients. Softgel capsules carry liquid, semisolid, or solid medication that dissolves more rapidly in the gastric fluids than a hard gelatin capsule. These are commonly employed in formulating poorly soluble medicines to improve their absorption. The market is expanding for several key reasons, including the rising prevalence of chronic diseases like cardiovascular disease and the rising demand for better drug therapies.

According to the American College of Cardiology, more than 523 million people worldwide are affected by several cardiovascular problems. The increasing prevalence of chronic diseases would increase the demand for softgel capsules for patient treatment. Consequently, boosting the availability of novel softgel capsules in emerging economies through developing innovative products will drive market expansion during the forecast period.

Market Snapshot

market snapshot
Base Year
: 2021
Study Period
: 2020-2030
: 7.81 %
Fastest Growing Market
: Asia-Pacific
Largest Market
: North America
Market Size
: USD 14.86 billion by 2030
Get more information on this report Download Sample Report

Market Dynamics

Driving Factors

Rising Health Consciousness of the Population

The growing number of health-conscious individuals is projected to boost the market during the forecast period. The growing number of gyms, marathons and other sporting activities increases the likelihood of an increase in demand for these capsules. In addition, the market is anticipated to receive a boost from the increased interest in maintaining a healthy and active lifestyle. The pharmaceutical industry's growing competition and the healthcare industry's projected continued growth are expected to impact the market share significantly.

Growing Use of Natural Raw Materials

The availability of natural raw materials for the production of vegetarian softgel capsules and a rise in demand for vegetarian softgel capsules due to their advantages and uses are driving factors in the market's expansion. However, the high manufacturing cost of vegetarian softgel capsules due to their specialized raw material and production processes is expected to hinder the growth of the vegetarian softgel capsules market during the forecast period. On the other hand, a surge in innovations in the pharmaceutical industry for producing softgel capsules due to a massive pool of health-conscious consumers is anticipated to offer lucrative opportunities for market expansion during the forecast period.

Restraining Factors

Cost Variability and High Prices

The frequent price shifts associated with soft gelatin capsules will likely hamper the expansion of the market during the forecast period. The high cost associated with the vegetarian capsules is anticipated to present a substantial barrier to the market expansion throughout the evaluation timeframe. However, the industry's expansion is hindered by several problems, i.e., the low stability of softgel capsules containing water-soluble chemicals and the significant price fluctuation of softgel capsules themselves.

Global Softgel Capsules Market Opportunities

Utilization of Modern Technology

The increasing use of technologies by softgel capsule manufacturers is expected to introduce innovative products such as crew caps, duo caps, and a hydrophilic sandwich (HS), which can potentially boost the softgel capsule market in the assessment term significantly. In addition, the substantial research and development efforts made by many companies will benefit the introduction of new products. The increasing availability of novel softgel capsules across emerging economies and the introduction of innovative products is expected to drive the market.

Segmental Analysis

The global softgel capsules market is segmented by type, application, and manufacturer.

Based on type, the market is segmented into gelatin/animal-based and non-animal based.

The gelatin-based softgel capsules dominate the market due to the high prevalence of several chronic diseases, such as infections and cardiovascular diseases. Furthermore, the growing acceptance of softgel capsules due to their numerous benefits, such as flavor masking, ease of swallowing, and longer shelf life, will drive the growth of this market. The high preference among nutraceutical and pharmaceutical manufacturers for gelatin-based empty capsules for various formulations due to their ease of use and non-reactive nature is expected to drive the growth of the softgel capsules market revenue.

Based on application, the market is segmented into antacid and anti-flatulent preparations, anti-anemic preparations, anti-inflammatory drugs, antibiotic and antibacterial drugs, cough and cold preparations, health supplements, vitamin and dietary supplements, and pregnancy.

The health and dietary category are the most dominant in the market because of the increased use of vitamins and minerals to strengthen one's immune system. Additionally, increasing people's awareness of the importance of maintaining a healthy lifestyle will increase the demand for nutritional supplements such as omega3 and others. In addition, the abrupt spike in the number of people using vitamins during the COVID-19 pandemic has contributed to market growth.

Based on manufacturers, the market is segmented into pharmaceutical companies, nutraceutical companies, cosmeceutical companies, contract manufacturing organizations, and softgel capsules.

The pharmaceutical business segment is anticipated to expand in a lucrative manner due to the availability of softgel capsules for treating various disorders. The fact that a significant number of pharmaceutical companies in the market are working to develop novel drugs to improve patient outcomes will also contribute to the growth of the softgel capsule market.

Regional Analysis

The global softgel capsules market is segmented into four regions, namely North America, Europe, Asia-Pacific, and LAMEA.

North America is the most significant in the global softgel capsules market due to the rising desire of critical companies to debut products in developed countries. The most significant players strive to receive approvals from the Food and Drug Administration (FDA) of the United States and other regulatory organizations to expand their client bases in other locations. Europe is the second-dominant region because various European countries have increased their funding for research and development of soft gelatin capsules.

It is anticipated that the market in Asia-Pacific will grow at the highest CAGR due to a larger patient pool that is afflicted with multiple chronic illnesses. In addition, the geographic expansion of key companies into the new economies of the Asia-Pacific region will further increase its growth rate for the entirety of the analytical time frame. LAMEA has tremendous growth potential and is anticipated to become a lucrative market. The rising prevalence of chronic diseases like cardiovascular disease (CVD) and rising public awareness of the consumption of various dietary and health supplements are a few factors that are likely to support the market's growth in these regions.

Softgel Capsules Market Regional Analysis
Regional Growth Insights Download Free Sample

Top Key Players of Softgel Capsules Market

  • Eurocaps Ltd.
  • Catalent Inc.
  • Capsugel (Lonza)
  • Aenova Group GmbH
  • Sirio Pharma Co.
  • Procaps Group
  • Captek Softgel International Inc.
  • Patheon
  • Fuji capsules Co.Ltd
  • Curtis Health Caps
  • Delpharm Evreux
  • Guangdong Yichao Biological Co.Ltd
  • Estrellus.

Report Scope

Report Metric Details
CAGR 7.81%
Forecast Period 2023-2031
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends
Segments Covered
  1. By Type
    1. Gelatin/Animal-Based
    2. Non-animal Based
  2. By Application
    1. Antacid and Anti-flatulent Preparations
    2. Anti-anemic Preparations
    3. Anti-inflammatory Drugs
    4. Antibiotic and Antibacterial Drugs
    5. Cough and Cold Preparations
    6. Health Supplement
    7. Vitamin and Dietary Supplement
    8. Pregnancy
  3. By Manufacturers
    1. Pharmaceutical Companies
    2. Nutraceutical Companies
    3. Cosmeceutical Companies
    4. Contract Manufacturing Organizations
    5. Softgel Capsules
Geographies Covered
  • North America
  • Europe
  • APAC
  • Middle East and Africa

Recent Developments

  • June 2022- Catalent Expands Primary Packaging Capabilities at its Clinical Supply Facility in Shiga, Japan.
  • June 2022- Catalent Supports U.S. Launch of Phathom Pharmaceuticals’ New Products Following Regulatory Approval.
  • June 2022- Kaged Muscle First to Launch with Lonza's TWK10® Sports Probiotic in the USA.
  • February 2022- Aenova becomes a participant in the UN Global Compact for sustainable and responsible corporate governance.

Softgel Capsules Market Segmentation

By Type

  • Gelatin/Animal-Based
  • Non-animal Based

By Application

  • Antacid and Anti-flatulent Preparations
  • Anti-anemic Preparations
  • Anti-inflammatory Drugs
  • Antibiotic and Antibacterial Drugs
  • Cough and Cold Preparations
  • Health Supplement
  • Vitamin and Dietary Supplement
  • Pregnancy

By Manufacturers

  • Pharmaceutical Companies
  • Nutraceutical Companies
  • Cosmeceutical Companies
  • Contract Manufacturing Organizations
  • Softgel Capsules

By Regions

  • North America
  • Europe
  • Asia-Pacific

Frequently Asked Questions (FAQs)

What is the estimated growth rate (CAGR) of the Softgel Capsules Market?
Softgel Capsules Market size will grow at approx. CAGR of 7.81% during the forecast period.
Some of the top prominent players in Softgel Capsules Market are, Eurocaps Ltd., Catalent Inc., Capsugel (Lonza), Aenova Group GmbH, Sirio Pharma Co., Procaps Group, Captek Softgel International Inc., Patheon, Fuji capsules Co.Ltd, Curtis Health Caps, Delpharm Evreux, Guangdong Yichao Biological Co.Ltd, Estrellus., etc.
North America has held a dominant position in the Softgel Capsules Market, with the largest market share.
The Asia-Pacific region is projected to exhibit the highest rate of growth in the Softgel Capsules Market.
The global Softgel Capsules Market report is segmented as follows: By Type, By Application, By Manufacturers
Price Starts From
USD 995

Purchase Benefits

  • Eligible for a free updated report next year
  • Completely customizable scope
  • 30% discount on your next purchase
  • Dedicated account manager
  • Query resolution within 24 hours
  • Permission to print the report
Want to learn more about recent trends and data ?
They Already Trust Us :
Nippon Becton Dickinson
Argon Medical Devices
Johnson & Johnson
Need Assistance?
+1 646 905 0080 (U.S.)
+44 203 695 0070 (U.K.)

Report Benefits

  • Develop business strategies by understanding the trends shaping and driving the Market.
  • Drive revenues by understanding the key trends, innovative products and technologies, market segments, and companies likely to impact the Market in the future.
  • Formulate effective sales and marketing strategies by understanding the competitive landscape and by analysing the company share of market leaders.
  • Identify emerging players with potentially strong product portfolios and create effective counter-strategies to gain a competitive advantage.
  • Track sales in the global and country-specific Market.
  • Organize your sales and marketing efforts by identifying the market categories and segments that present maximum opportunities for consolidations, investments and strategic partnerships.
Report Snapshot
Looking For Custom Report ?
Check Our License Options :

As featured on :

Trusted by Fortune 500
Over 30000+ subscribers