Softgel Capsule Market Report Scope & Overview:

The Softgel Capsule Market Size was valued at USD 8.18 billion in 2023 and is expected to reach USD 14.06 billion by 2031, and grow at a CAGR of 7% over the forecast period 2024-2031.

Softgel Capsules are stored in airtight accessible capsules that contain a liquid or semi-solids form of substance that is free of air or gas bubbles. Its main ingredients are gelatin films that have been plasticized with sorbitol, glycerin, or a similar polyol. Soft gel capsules, like two-case hard capsules, are usually used orally. Softgel capsules come in a variety of shapes, including round, tubs, oval, oblong, and suppository, among others.

Softgel Capsule Market Revenue Analysis

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It can also be made in a variety of shapes to appeal to children. Softgel capsules are becoming more popular among patients who have trouble swallowing and consuming medications in other forms, such as youngsters and the elderly. Softgel capsules may often hold a wide range of dry, paste, and liquid fillings. Gelatin or other goods, plasticizer, and water are the main ingredients in these capsules. Colors and opacifiers, in addition to these, are used in varied degrees to enhance their aesthetic appeal while also protecting encapsulated photosensitive pharmaceuticals from the effects of light.



  • Increasing health-conscious population

  • Increasing inclination towards sports

  • Growing desire to be physically fit


  • Price Volatility to Restrain Softgel Capsule Market Growth During the Study Period.


  • Adoption of Cutting-Edge Technologies to Create Lucrative Opportunities in the Future


  • Vegetarian Capsules' High Costs Will Be a Major Obstacle


The COVID-19 outbreak is thought to have had a favourable impact on the softgel capsule market volume. The rising demand for supplements to boost immunity is one of the major factors expected to propel the softgel capsule market forward.


By Application: During the forecast period, the nutrition segment of the softegel capsules market is expected to grow at a CAGR of 7.6%. The rapid adoption of a sedentary lifestyle is projected to result in a variety of health problems, which will help drive the segment's growth.

By Type: The gelatin section of the softegel capsules market is predicted to grow faster than the non-animal type segment. By 2031, the market value of the category is estimated to reach USD 11.21 billion. The non-animal type sector, on the other hand, is expected to grow at a 7.6% CAGR during the course of the study.


By Type

  • Gelatin/ Animal-Based

  • Non-animal Based

By Application

  • Antacid & Anti-flatulent Preparations

  • Vitamin & Dietary Supplement

  • Antibiotic & Antibacterial Drugs

  • Cough & Cold Preparations

  • Anti-anemic Preparations

  • Health Supplement

  • Anti-inflammatory Drugs

  • Pregnancy

By Manufacturers

  • Pharmaceutical Companies

  • Contract Manufacturing Organizations

  • Nutraceutical Companies

  • Cosmeceutical Companies


North America, Europe, Asia Pacific, and the Rest of the World make up the Global Softgel Capsules Market. Over the forecast timeframe, North America is expected to hold the highest market share in the Softgel Capsules Market, followed by Europe. In North American countries, the demand for nutritional items and treatments has skyrocketed. Over the anticipated term, this will result in a significant expansion of softgel capsules. Furthermore, increased government funding for health and wellness products, as well as rising research and development in the pharmaceutical manufacturing industry, are creating significant market potential in the region.

Softgel Capsule Market By Region

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North America

  • USA

  • Canada

  • Mexico


  • Germany

  • UK

  • France

  • Italy

  • Spain

  • The Netherlands

  • Rest of Europe


  • Japan

  • South Korea

  • China

  • India

  • Australia

  • Rest of Asia-Pacific

The Middle East & Africa

  • Israel

  • UAE

  • South Africa

  • Rest of Middle East & Africa

Latin America

  • Brazil

  • Argentina

  • Rest of Latin America


Some of the major key players are as follows: Weihai Baihe Biology Technological Co. Ltd., Soft Gel Technologies, Inc., Captek softgel International Inc., Patheon (part of Thermo fisher scientific), Catalent, Inc., Capsugel (a part of lonza), Strides Pharma Science Limited, Amway, EuroCaps Ltd., , International Vitamin Corporation, Sirio Pharma Co. Ltd. and Other Players.

Weihai Baihe Biology Technological Co. Ltd-Company Financial Analysis

Company Landscape Analysis

Softgel Capsule Market Report Scope:
Report Attributes Details
Market Size in 2023  US$ 8.18 Billion
Market Size by 2031  US$ 14.06 Billion
CAGR  CAGR of 7% From 2024 to 2031
Base Year  2023
Forecast Period  2024-2031
Historical Data  2020-2022
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Type (Gelatin/ Animal Based, Non-animal Based)
• By Application (Antacid & Anti-flatulent Preparations, Vitamin & Dietary Supplement, Antibiotic & Antibacterial Drugs, Cough & Cold Preparations, Anti-anemic Preparations, Health Supplement, Anti-inflammatory Drugs, Pregnancy)
• By Manufacturers (Pharmaceutical Companies, Contract Manufacturing Organizations, Nutraceutical Companies, Cosmeceutical Companies)
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles Weihai Baihe Biology Technological Co. Ltd., Soft Gel Technologies, Inc., Captek softgel International Inc., Patheon (part of Thermo fisher scientific), Catalent, Inc., Capsugel (a part of lonza), Strides Pharma Science Limited, Amway, EuroCaps Ltd., , International Vitamin Corporation, Sirio Pharma Co. Ltd.
DRIVERS • Increasing health-conscious population
• Increasing inclination towards sports
• Growing desire to be physically fit
RESTRAINTS • Price Volatility to Restrain Softgel Capsule Market Growth During the Study Period.

Frequently Asked Questions

Ans: The Softgel Capsule Market Size was valued at US$ 8.18 billion in 2023.

Ans: - The Softgel Capsule Market is to grow at a CAGR of 7% over the forecast period 2024-2031.

Ans: Vegetarian Capsules' High Costs Will Be a Major Obstacle

Ans: The major players in the market are Soft Gel Technologies, Inc., Captek softgel International Inc., Patheon (part of Thermo fisher scientific), Catalent, Inc., Capsugel (a part of lonza), Strides Pharma Science Limited, Amway, EuroCaps Ltd., International Vitamin Corporation, and others in the final report.

Ans: The Softgel Capsule Market is segmented into three segments, By Type, By Application, By Manufacturers

Table of Contents

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

2. Research Methodology

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

4. Impact Analysis

4.1 COVID-19 Impact Analysis

4.2 Impact of Ukraine- Russia war

4.3 Impact of ongoing Recession

4.3.1 Introduction

4.3.2 Impact on major economies US Canada Germany France United Kingdom China Japan South Korea Rest of the World

5. Value Chain Analysis

6. Porter’s 5 forces model

7.  PEST Analysis

8. Softgel Capsule Market Segmentation, by Type

8.1 Gelatin/ Animal Based

8.2 Non-animal Based

9. Softgel Capsule Market Segmentation, by Application

9.1 Antacid & Anti-flatulent Preparations

9.2 Vitamin & Dietary Supplement

9.3 Antibiotic & Antibacterial Drugs

9.4 Cough & Cold Preparations

9.5 Anti-anemic Preparations

9.6 Health Supplement

9.7 Anti-inflammatory Drugs

9.8 Pregnancy

10. Softgel Capsule Market Segmentation, By Manufacturers

10.1 Pharmaceutical Companies

10.2 Contract Manufacturing Organizations

10.3 Nutraceutical Companies

10.4 Cosmeceutical Companies

11. Regional Analysis

11.1 Introduction

11.2 North America

11.2.1 USA

11.2.2 Canada

11.2.3 Mexico

11.3 Europe

11.3.1 Germany

11.3.2 UK

11.3.3 France

11.3.4 Italy

11.3.5 Spain

11.3.6 The Netherlands

11.3.7 Rest of Europe

11.4  Asia-Pacific

11.4.1 Japan

11.4.2 South Korea

11.4.3 China

11.4.4 India

11.4.5 Australia

11.4.6 Rest of Asia-Pacific

11.5 The Middle East & Africa

11.5.1 Israel

11.5.2 UAE

11.5.3 South Africa

11.5.4 Rest

11.6 Latin America

11.6.1 Brazil

11.6.2 Argentina

11.6.3 Rest of Latin America

12. Company Profiles

12.1 Weihai Baihe Biology Technological Co. Ltd.

12.1.1 Financial

12.1.2 Products/ Services Offered

12.1.3 SWOT Analysis

12.1.4 The SNS view

12.2 Soft Gel Technologies, Inc.

12.3 Captek softgel International Inc.

12.4 Patheon (part of Thermo fisher scientific)

12.5 Catalent, Inc.

12.6 Capsugel (a part of lonza)

12.7 Strides Pharma Science Limited

12.8 Amway

12.9 EuroCaps Ltd. (part of the DCC plc Group)

12.10 Sirio Pharma Co. Ltd.

12.11 International Vitamin Corporation

13. Competitive Landscape

13.1 Competitive Benchmark

13.2 Market Share Analysis

13.3 Recent Developments

14. Conclusion

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Secondary Research

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This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.

Primary Research

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Data Bank Validation

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