Softgel Capsules Market by Type, Application, Distribution Channel

List of Tables

[198 Pages Report] The Softgel Capsules Market size was estimated at USD 4.17 billion in 2023 and expected to reach USD 4.48 billion in 2024, at a CAGR 7.71% to reach USD 7.02 billion by 2030.

Softgel capsules are a pre-formed oral dosage form composed of a gelatin-based shell surrounding a liquid or semi-solid inner fill. This type of dose form provides enhanced stability, improved accuracy in dosing, and increased bioavailability due to the protective outer shell. Softgel capsules are increasingly used in nutraceuticals due to their improved bioavailability, extended shelf life, enhanced stability of active ingredients, and cost-effectiveness compared to other dosage forms. Softgel capsules are an ideal delivery solution for targeted dosages due to their quickly dissolving capabilities, ensuring that the active ingredients are efficiently absorbed into the bloodstream for maximum effectiveness. Additionally, many consumers are adopting soft gel capsules for cosmetics and health supplements due to higher absorption rates than powders or tablets, giving them a more effective dosage of vitamins and minerals. The need for specific manufacturing equipment, fluctuating costs of raw materials, and issues in quality parameters limit their penetration worldwide. However, the ongoing advancements in manufacturing and packaging soft gel capsules with growing consumer preference for online pharmacy channels are anticipated to create growth opportunities for the soft gel capsules market in the coming years.

KEY MARKET STATISTICS
Base Year [2023]	USD 4.17 billion
Estimated Year [2024]	USD 4.48 billion
Forecast Year [2030]	USD 7.02 billion
CAGR (%)	7.71%

Type: of various types of softgel capsules

Gelatin softgel capsules are traditionally made from animal collagen derived from skin, bone, and connective tissue. Animal-sourced gelatin softgels are known for their stability and flexibility, making them perfect for customizing to individual specifications. On the other hand, vegetable-derived softgels provide a sustainable, vegan friendly alternative with superior shelf life when compared to traditional gelatin capsules.

Application: Wide scope of applications across industries

Softgel capsules are an ideal method for packaging health supplements due to their airtight seal and ability to protect the contents from heat, moisture, oxidation, and other environmental factors. On the other hand, soft gel capsules are becoming a popular form of delivery for pharmaceutical drugs due to their ability to be formulated with additives to increase the solubility and stability of the drug, making them more effective than traditional pill forms. In addition, softgel capsules are also used in cosmetics and beauty products due to their properties to provide a safe way to contain active ingredients without exposing them to potentially damaging environmental elements.

Distribution Channel: Enhanced market penetration through multiple distribution channels

Softgel capsules are distributed to hospital pharmacies through a distribution network organized by the manufacturer, ensuring a wide, reliable, and secure supply of necessary medications and supplements for hospital staff and patients. Online pharmacies have become increasingly popular for soft gel capsules due to their convenience and cost-effectiveness. Many websites specialize in selling over-the-counter medications, vitamins, supplements, and other products at discounted prices. Retail pharmacies are often located in stores, such as grocery stores or drugstores. Customers can purchase them at the store's counter or select products from the pharmacy area's shelves. Supermarkets also carry many soft gel capsules in their health and beauty sections, providing a wide selection of products ranging from vitamins to dietary supplements at competitive prices.

Regional Insights

Europe, the Middle East and the African region represents a highly developing soft gel capsules market owing to the massive presence of pharmaceutical and cosmetic product manufacturers, supportive government standards for safety and usability of healthcare capsules and ongoing advancements in processing and compositions of softgel capsules. The growing prevalence of various disorders, increasing consumer preference for beauty and healthcare supplements in the Americas has contributed to the growth of soft gel capsules. The softgel capsules market in the Asia-Pacific region observes an evolving landscape owing to rapid penetration of online channels to distribute the pharmacy and beauty supplements. The regional market players in the region are expanding their product portfolios to meet the enormous need for healthcare and cosmetic supplements.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Softgel Capsules Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Softgel Capsules Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Softgel Capsules Market, highlighting leading vendors and their innovative profiles. These include Aenova Group GmbH, Amway Corporation, BASF SE, Captek Softgel International Inc, Catalent, Inc., Curtis Health Caps, Delpharm, Elnova Pharma, Fortunelabs, Fuji Capsules Co Ltd., Hunan Kang Pharmaceutical Limited, InovoBiologic Inc., International Flavors & Fragrances Inc., Marksans Pharma Limited, Natural Factors, Nature's Bounty Co., Qualicaps Co., Ltd., Rocket Science Supplements Ltd., Roquette Freres, SaintyCo, Sirio Pharma Co., Ltd. by Pfizer Inc., Soft Gel Technologies, Inc., Softigel by Procaps Group, Strides Pharma Science Limited, Thermo Fisher Scientific, Inc., Trigen Laboratories Inc., United Laboratories, Weihai Baihe Biology Technological Co Ltd., and Yuwang Group.

Market Segmentation & Coverage

This research report categorizes the Softgel Capsules Market to forecast the revenues and analyze trends in each of the following sub-markets:

Type
- Gelatin
- Non-Animal

Application
- Cosmetics
- Health Supplements
- Pharmaceuticals

Distribution Channel
- Hospital Pharmacies
- Online Pharmacies
- Retail Pharmacies
- Supermarket Stores

Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam

Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.

2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.

3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.

4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.

5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Softgel Capsules Market?

2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Softgel Capsules Market?

3. What are the technology trends and regulatory frameworks in the Softgel Capsules Market?

4. What is the market share of the leading vendors in the Softgel Capsules Market?

5. Which modes and strategic moves are suitable for entering the Softgel Capsules Market?

Product Code: MRR-4103B31E08B4

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Growing applications of soft gel capsules in nutraceutical industries
  - 5.1.1.2. Usage of softgel capsules for targeted dosages
  - 5.1.1.3. Rise in consumer preference for health and cosmetic supplements
- 5.1.2. Restraints
  - 5.1.2.1. High-cost of manufacturing soft gel capsules and increasing dissatisfaction in standard quality
- 5.1.3. Opportunities
  - 5.1.3.1. Technological advancements in manufacturing and packaging of softgel capsules
  - 5.1.3.2. Rising penetration of online pharmacy platforms worldwide
- 5.1.4. Challenges
  - 5.1.4.1. Operational and manufacturing complexities associated with soft gel capsules
5.2. Market Segmentation Analysis
- 5.2.1. Type: of various types of softgel capsules
- 5.2.2. Application: Wide scope of applications across industries
- 5.2.3. Distribution Channel: Enhanced market penetration through multiple distribution channels
5.3. Market Disruption Analysis
5.4. Porter's Five Forces Analysis
- 5.4.1. Threat of New Entrants
- 5.4.2. Threat of Substitutes
- 5.4.3. Bargaining Power of Customers
- 5.4.4. Bargaining Power of Suppliers
- 5.4.5. Industry Rivalry
5.5. Value Chain & Critical Path Analysis
5.6. Pricing Analysis
5.7. Technology Analysis
5.8. Patent Analysis
5.9. Trade Analysis
5.10. Regulatory Framework Analysis

6. Softgel Capsules Market, by Type

6.1. Introduction
6.2. Gelatin
6.3. Non-Animal

7. Softgel Capsules Market, by Application

7.1. Introduction
7.2. Cosmetics
7.3. Health Supplements
7.4. Pharmaceuticals

8. Softgel Capsules Market, by Distribution Channel

8.1. Introduction
8.2. Hospital Pharmacies
8.3. Online Pharmacies
8.4. Retail Pharmacies
8.5. Supermarket Stores

9. Americas Softgel Capsules Market

9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States

10. Asia-Pacific Softgel Capsules Market

10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam

11. Europe, Middle East & Africa Softgel Capsules Market

11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom

12. Competitive Landscape

12.1. Market Share Analysis, 2023
12.2. FPNV Positioning Matrix, 2023
12.3. Competitive Scenario Analysis
- 12.3.1. Lee Health Domain Launches 'D-Macula' Soft Gel Capsules in Hyderabad
- 12.3.2. Teva wraps up sale of India manufacturing facility to Marksans
- 12.3.3. Vitafoods Europe 2023: IFF to Launch Vegan Softgel Capsule For Nutraceuticals
- 12.3.4. CVC Technologies has Announced the Acquisition of Changsung Softgel System
12.4. Strategy Analysis & Recommendation

13. Competitive Portfolio

13.1. Key Company Profiles
13.2. Key Product Portfolio