Softgel Capsules Market Size, Share, Analysis, Trends, Growth, Forecast 2032

Softgel Capsules Market Insights

According to a report from Zion Market Research, the global Softgel Capsules Market was valued at USD 2.67 Billion in 2023 and is projected to hit USD 4.24 Billion by 2032, with a compound annual growth rate (CAGR) of 5.3% during the forecast period 2024-2032.

This report explores market strengths, weakness, opportunities, and threats. It also provides valuable insights into the market's growth drivers, challenges, and the future prospects that may emerge in the Softgel Capsules Market industry over the next decade.

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Global Softgel Capsules Industry Perspective:

The report offers an assessment and analysis of the Softgel Capsules Market on a global and regional level. The study offers a comprehensive assessment of the market competition, constraints, revenue estimates, opportunities, evolving trends, and industry-validated data. The report provides historical data from 2018 to 2022 along with a forecast from 2024 to 2032 based on revenue (USD Billion).

Softgel Capsules Market: Overview

Softgel capsule is a solid drug capsule that surrounds liquid center. Additionally, these products are oral dosages the same as capsules and are a combination of sorbitol, water, gelatin, and opacifier. The product can be included either in the outer gelatin capsule shell or inner soft gel capsule fill.   Furthermore, the surge in the occurrence of chronic disorders is expected to create massive demand for soft gel capsules in the upcoming years. Moreover, these products have plethora of applications in healthcare and pharmaceutical sectors. They are also utilized as a medical supplement for heart disorders and antacids.

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Softgel Capsules Market: Growth Trends

Softgel capsule is utilized for preventing vitamin deficiency arising due to poor diet and certain kinds of illness. In addition to this, it is easily soluble and can help in delivering ultra-low doses of low melting compound. Moreover, it generates less dust during production, thereby ensuring the safety of workers. Apart from this, the drug suspensions with unpleasant taste or odor can be ingested easily in the soft gel capsule as the latter provides convenient ingestion. All these aforementioned are anticipated to boost the growth of the soft gel capsules market.

Furthermore, soft gel capsules enhance melatonin bioavailability in human beings. Moreover, beneficial features of the product include solubility and tiny particle size.  These products possess high dosage accuracy as well as uniformity stability. It can improve the bioavailability of poorly soluble medicines. Rise in consumer preference for the product due to its self-lubricating feature as well as its availability in myriad sizes, forms like chewable & meltable forms, and colors will aid the growth of the soft gel capsules market. Nonetheless, high product manufacturing costs and its susceptibility to getting affected in a humid or moist environment, as well as extreme temperatures, can pose threat to the growth of the industry in coming years.

Softgel Capsules Market: Report Scope

Softgel Capsules Market: Regional Landscape

Europe To Lead Growth Of Softgel Capsules Market Over 2024-2032

The expansion of the soft gel capsules market in Europe over next seven years can be credited to large-scale funding of research activities pertaining to the manufacture of soft gel capsules in different European countries. Moreover, Gelatin has been recognized as GRAS (Generally Recognized As Safe) food ingredient by FDA and this has proved to be a key growth factor for the soft gel capsules market in Europe. An increase in product sales and the addition of new products to the existing product lines will chart a profitable growth path for the soft gel capsules industry in Europe over the years to come.

Softgel Capsules Market: Competitive Landscape

Key players lucratively impacting the growth of the soft gel capsules industry and profiled in the study is 

• Catalent, Inc.
• Capsugel
• Elnova Pharma
• Hunan ER-KANG Pharmaceutical Co Ltd. 
• Aenova Group GmbH
• Guangdong Yichao Biological Co. Ltd. 
• Sirio Pharma Company Ltd
• Captek Softgel International Inc
• Fuji Capsule Co. Ltd. 
• EuroCaps Ltd.
• KD Pharma Group.

The global Softgel Capsules Market is segmented as follows:

By Product

• Non-gelatin Softgel Capsule
• Gelatin Softgel Capsule

By End-User

• Pharmaceutical Companies
• Contract Manufacturing Organizations

By Application

• Anti-inflammatory Drugs
• Antibiotic Drugs
• Health Supplements
• Cardiovascular Drugs

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of the Middle East & Africa