Softgel Capsules Market Size Worth USD 16.75 Billion by 2034 | CAGR: 6.8%

The global softgel capsules market size is expected to reach USD 16.75 billion by 2034, according to a new study by Polaris Market Research. The report “Softgel Capsules Market Size, Share, Trends, Industry Analysis Report: By Type (Gelatin-Based/Animal-Based and Non-Animal-Based), Application, End Use, and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) – Market Forecast, 2025–2034” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The softgel capsules market encompasses the production, distribution, and consumption of encapsulated dosage forms featuring a soft, pliable outer shell, typically made from gelatin or vegetarian alternatives, containing liquid or semi-solid fill materials. These capsules serve as a preferred delivery method for pharmaceuticals, nutraceuticals, and cosmeceuticals, offering advantages such as ease of swallowing, improved bioavailability, and the ability to mask unpleasant tastes or odors. The market is characterized by a diverse range of applications, catering to various therapeutic areas and consumer health needs.

An overview of the market reveals a dynamic landscape driven by increasing consumer awareness of preventive healthcare, technological advancements in encapsulation, and the growing geriatric population. The rising demand for dietary supplements, coupled with the pharmaceutical industry's focus on enhancing drug delivery systems, is propelling market expansion. Key softgel capsules market trends include the adoption of vegetarian softgels, customized formulations, and the expansion of contract manufacturing organizations. The market is also influenced by stringent regulatory standards and the need for high-quality, reliable softgel solutions, shaping the competitive environment and driving innovation.

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Softgel Capsules Market Report Highlights

• By type, the gelatin-based/animal-based softgels segment holds a larger softgel capsules market share due to their long-established use and cost-effectiveness in pharmaceutical and nutraceutical applications. This dominance is supported by well-established manufacturing infrastructures and regulatory frameworks.
• By application, the vitamin & dietary supplement segment commands the largest market share, driven by widespread consumer adoption for preventative health and wellness. The ease of consumption and perceived efficacy of softgel capsules in delivering these supplements contribute to their sustained market dominance.
• By end use, the pharmaceutical companies segment holds the largest market share, driven by the extensive use of softgel capsules for drug delivery across various therapeutic areas. Their established manufacturing infrastructure and rigorous quality control processes ensure the production of high-quality softgel capsules.
• By region, North America currently holds the largest market share, characterized by a robust pharmaceutical industry and high consumer adoption of dietary supplements. The Asia Pacific market is experiencing the highest growth rate, driven by a rapidly expanding healthcare sector and increasing disposable incomes.
• Key players active in the softgel capsules market include Catalent, Inc.; Lonza Group AG; Robinson Pharma, Inc.; Captek Softgel International, Inc.; Sirio Pharma Co., Ltd.; Softigel (Procaps Group S.A.); Aenova Holding GmbH; and EuroCaps Ltd.

Polaris Market Research has segmented the market report on the basis of type, application, end use, and region:

By Type Outlook (Revenue-USD Billion, 2020–2034)

• Gelatin-Based/Animal-Based
• Non-Animal-Based

By Application Outlook (Revenue-USD Billion, 2020–2034)

• Antacid & Anti-Flatulent Preparation
• Anti-Anemic Preparations
• Anti-Inflammatory Drugs
• Antibiotic & Antibacterial Drugs
• Cough & Cold Preparations
• Health Supplement
• Vitamin & Dietary Supplement
• Pregnancy

By End Use Outlook (Revenue-USD Billion, 2020–2034)

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

By Regional Outlook (Revenue-USD Billion, 2020–2034)

• North America
  • US
  • Canada
• Europe
  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Netherlands
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • Malaysia
  • South Korea
  • Indonesia
  • Australia
  • Vietnam
  • Rest of Asia Pacific
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Israel
  • South Africa
  • Rest of the Middle East & Africa
• Latin America
  • Mexico
  • Brazil
  • Argentina
  • Rest of Latin America