Softgel Capsules Market to Grow with a CAGR of 6.65% through 2029F
Patient compliance and extended shelf
life is expected to drive the Global Softgel Capsules Market growth in the
forecast period, 2025-2029.
According to TechSci Research report, “Softgel
Capsules Market – Global Industry Size, Share, Trends, Competition
Forecast & Opportunities, 2029F”, the Global Softgel Capsules Market
stood at USD 7.63 billion in 2023 and is anticipated to grow with a CAGR of
6.65% in the forecast period, 2025-2029. The broader range of formulations is a
key factor contributing to this phenomenon. Softgel capsules' adaptability to
various formulations significantly drives their popularity. They accommodate a
wide spectrum of products, from vitamins, minerals, and dietary supplements to
prescription medications, in both pharmaceutical and nutraceutical sectors.
This versatility creates diverse market prospects for manufacturers.
Additionally, consumers' growing discernment necessitates clear and transparent
labeling, prompting manufacturers to provide comprehensive information on
softgel capsule labels regarding ingredient sourcing, allergen content, and
manufacturing processes.
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The Global Softgel Capsules Market is
segmented into type, application, end use, regional distribution, and
company.
In the forecast period, the
gelatin-based or animal-based category has emerged as the dominant force in the
Global Softgel Capsules Market, boasting the largest share of revenue. This
dominance is attributed to several factors. Gelatin-based capsules
have been widely adopted across various industries due to their excellent
properties, including easy digestibility, stability, and versatility in
encapsulating different formulations. Gelatin, derived from animal
collagen, has long been recognized as a safe and effective ingredient in
pharmaceutical and nutraceutical products, further fueling the demand for
gelatin-based softgel capsules.
The gelatin-based category's dominance
is reinforced by its suitability for a wide range of formulations, including
vitamins, minerals, herbal extracts, and oils. This versatility caters to the
diverse needs of consumers and facilitates the development of innovative
products by manufacturers. Additionally, gelatin-based softgel capsules are
preferred by many consumers for their perceived natural origin and traditional
usage in pharmaceutical applications. The gelatin-based or animal-based
category's dominance underscores its strong position in the Global Softgel
Capsules Market, driven by its superior properties, broad applicability, and
consumer preferences, ultimately contributing to its substantial share of
revenue in the forecast period.
Based on end use, in the forecast
period, the Contract Manufacturing Organization (CMO) segment is anticipated to
experience the fastest growth in the Global Softgel Capsules Market. This rapid
expansion can be attributed to several key factors driving demand within this segment.
Contract Manufacturing Organizations
play a crucial role in the pharmaceutical and nutraceutical industries by
providing outsourced manufacturing services to companies looking to develop and
produce softgel capsule formulations. As pharmaceutical and nutraceutical
companies increasingly focus on core competencies and cost efficiencies, they
are turning to CMOs to leverage their expertise, infrastructure, and production
capabilities. The global trend towards outsourcing manufacturing activities to
specialized firms is gaining traction due to benefits such as flexibility,
scalability, and access to advanced technologies. CMOs offer tailored
solutions, including formulation development, manufacturing, packaging, and
quality control, which cater to the specific needs of pharmaceutical and
nutraceutical companies.
The growing demand for softgel capsules
in emerging markets, coupled with the expansion of pharmaceutical and
nutraceutical industries worldwide, is expected to drive the need for contract
manufacturing services. This surge in demand is projected to propel the growth
of the Contract Manufacturing Organization segment, making it the
fastest-growing segment in the Global Softgel Capsules Market during the
forecast period.
North America is poised to exhibit the
fastest growth in the Global Softgel Capsules Market in the coming years. North
America hosts a dynamic pharmaceutical and nutraceutical sector characterized
by ongoing innovation to meet evolving consumer needs. Softgel capsules, prized
for their ease of ingestion, heightened bioavailability, and convenient dosing,
are increasingly favored by manufacturers within these industries. A rising
emphasis on preventive healthcare and self-medication, driven by a growing
health-conscious population and aging demographics, propels demand for
softgel-encapsulated dietary supplements, vitamins, and herbal formulations,
spurring market growth.
North America benefits from favorable
regulatory frameworks and rigorous quality standards, ensuring the safety and
efficacy of products. This fosters consumer confidence and stimulates market
expansion. Additionally, the region's escalating incidence of chronic diseases
and lifestyle-related conditions underscores the demand for efficient
pharmaceutical formulations, where softgel capsules stand out for their
adaptability and compatibility with a diverse range of active ingredients. Supported
by its thriving pharmaceutical and nutraceutical sectors, increasing health
awareness, and regulatory backing, North America is poised to emerge as the
fastest-growing region in the Global Softgel Capsules Market in the foreseeable
future.
Major companies operating in
Global Softgel Capsules Market are:
·
Fuji Capsule Co Ltd
·
Sirio Pharma Co Ltd
·
Captek Softgel International Inc
·
Thermo Fisher Scientific Inc
·
EyePoint Pharmaceuticals Inc
·
Catalent Inc
·
EuroCaps Ltd
·
Aenova Group GmbH
·
Lonza Group AG
·
Soft Gel Technologies Inc
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“The global softgel capsules market is
poised for continued growth and innovation. The adaptability and versatility of
softgel capsules make them an ideal choice for a wide range of products, from
pharmaceuticals to dietary supplements. As consumers seek convenient and
effective delivery systems and demand more transparency in product information,
softgel capsules are well-positioned to meet these evolving expectations.
Additionally, advancements in drug delivery and the growth of personalized
medicine are expanding the scope of the softgel capsules market, making it an
exciting and dynamic industry to watch in the years to come,” said Mr. Karan
Chechi, Research Director, TechSci Research, a research-based management
consulting firm.
“Softgel Capsules Market - Global
Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Type
(Gelatin-Based/Animal-Based, Non-Animal-Based), By Application (Antacid and
Anti-Flatulent Preparation, Anti-Anemic Preparations, Anti-Inflammatory Drugs,
Antibiotic and Antibacterial Drugs, Cough and Cold Preparations, Health
Supplement, Vitamin and Dietary Supplement, Pregnancy, Others), End Use
(Pharmaceutical Companies, Nutraceutical Companies, Cosmeceutical Companies,
Contract Manufacturing Organization), By Region, and Competition, 2019-2029F”,
has evaluated the future growth potential of Global Softgel Capsules Market and
provides statistics & information on market size, structure and future
market growth. The report intends to provide cutting-edge market intelligence
and help decision makers take sound investment decisions. Besides, the report
also identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in Global Softgel Capsules Market.
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