Softgel capsules are a type of oral dosage form made of gelatin and non-animal-based formulations used to deliver medication or supplements in liquid or semi-liquid form. They are designed to be soft, flexible and smooth, making them easy to swallow. They are used for liquid and semi-liquid formulations, making them ideal for fast absorption of active ingredients.
The softgel capsules market consists of sales of softgel capsules by entities (organizations, sole traders and partnerships) that are used to administer oils, fat-soluble vitamins, drugs with less water solubility and other active ingredients that require protection from oxidation or degradation.
The global softgel capsules market was valued at $5,770.63 million in 2019 which grew till 2024 at a compound annual growth rate (CAGR) of more than 7.00%.
Increasing Geriatric Population
During the historic period, the increasing geriatric population supported the growth of the softgel capsules market. Older adults often rely on prescription medications and supplements due to age-related health issues. Softgel capsules are a preferred format, especially for those with difficulty swallowing, due to their smooth texture and ease of ingestion. They offer faster absorption, which benefits aging digestive systems. Additionally, softgels are gentler on the stomach, making them ideal for seniors with gastrointestinal sensitivities. For instance, according to United Nations population projections, an international organization founded in 1945 with 193 member states, between 2024 and 2074, the worldwide share of people aged 65 will double, increasing to 20.7%. During the same time, the number of persons aged 80 and above is projected to more than triple. Additionally, , in July 2024, according to the UK Parliament's House of Commons Library, a UK-based government administration, in 2022, 12.7 million people in the UK were aged 65 or older, accounting for 19% of the total population. Therefore, the increasing geriatric population drove the growth of the softgel capsules market.
Advancements In Softgel Formulations For Health And Wellness
Major companies operating in the softgel capsules market are focusing on developing innovative formulations that enhance therapeutic outcomes and user convenience. These advancements often target improved stability, faster absorption and the integration of multiple nutrients or actives into a single dose to meet evolving consumer health demands. For instance, in September 2024, Torque Pharmaceuticals Pvt. Ltd., an India-based generic pharmaceutical company, launched its Multipower Soft Gelatin Capsules-a nutraceutical innovation aimed at supporting overall health and wellness. Engineered for enhanced bioavailability, these capsules ensure efficient delivery and absorption of active ingredients. Their soft gelatin format promotes rapid dissolution, boosting therapeutic efficacy. The multipower formulation combines several active compounds into one capsule, simplifying dosing and improving patient compliance. Additionally, advanced coating technology safeguards sensitive ingredients from degradation, maintaining the capsules' potency and stability over time.
The global softgel capsules market is fairly concentrated, with large players operating in the market. The top ten competitors in the market made up to 29.82% of the total market in 2024.
Softgel Capsules Global Market Opportunities And Strategies To 2034 from The Business Research Company provides the strategists; marketers and senior management with the critical information they need to assess the global softgel capsules market as it emerges from the COVID-19 shut down.
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Where is the largest and fastest-growing market for softgel capsules? How does the market relate to the overall economy; demography and other similar markets? What forces will shape the market going forward? the softgel capsules market global report from The Business Research Company answers all these questions and many more.
The report covers market characteristics; size and growth; segmentation; regional and country breakdowns; competitive landscape; market shares; trends and strategies for this market. It traces the market's history and forecasts market growth by geography. It places the market within the context of the wider softgel capsules market; and compares it with other markets.
The report covers the following chapters
- Introduction And Market Characteristics- Brief introduction to the segmentations covered in the market, definitions and explanations about the segment by type, by manufacturers and by application.
- Key Trends- Highlights the major trends shaping the global market. This section also highlights likely future developments in the market.
- Growth Analysis And Strategic Analysis Framework- Analysis on PESTEL, end use industries, market growth rate, global historic (2019-2024) and forecast (2024-2029, 2034F) market values and drivers and restraints that support and control the growth of the market in the historic and forecast periods, forecast growth contributors and total addressable market (TAM).
- Global Market Size And Growth- Global historic (2019-2024) and forecast (2024-2029, 2034F) market values and drivers and restraints that support and control the growth of the market in the historic and forecast periods.
- Regional And Country Analysis- Historic (2019-2024) and forecast (2024-2029, 2034F) market values and growth and market share comparison by region and country.
- Market Segmentation- Contains the market values (2019-2024) (2024-2029, 2034F) and analysis for each segment by type, by manufacturers and by application in the market. Historic (2019-2024) and forecast (2024-2029) and (2029-2034) market values and growth and market share comparison by region market.
- Regional Market Size And Growth- Regional market size (2024), historic (2019-2024) and forecast (2024-2029, 2034F) market values and growth and market share comparison of countries within the region. This report includes information on all the regions Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa and major countries within each region.
- Competitive Landscape- Details on the competitive landscape of the market, estimated market shares and company profiles of the leading players.
- Other Major And Innovative Companies- Details on the company profiles of other major and innovative companies in the market.
- Competitive Benchmarking- Briefs on the financials comparison between major players in the market.
- Competitive Dashboard- Briefs on competitive dashboard of major players.
- Key Mergers And Acquisitions- Information on recent mergers and acquisitions in the market covered in the report. This section gives key financial details of mergers and acquisitions, which have shaped the market in recent years.
- Recent Developments- Information on recent developments in the market covered in the report.
- Market Opportunities And Strategies- Describes market opportunities and strategies based on findings of the research, with information on growth opportunities across countries, segments and strategies to be followed in those markets.
- Conclusions And Recommendations- This section includes recommendations for softgel capsules providers in terms of product/service offerings geographic expansion, marketing strategies and target groups.
- Appendix- This section includes details on the NAICS codes covered, abbreviations and currencies codes used in this report.
Markets Covered:
- 1) By Type: Animal-Based; Non-Animal-Based
- 2) By Manufacturers: Pharmaceutical Companies; Nutraceutical Companies; Cosmeceutical Companies; Contract Manufacturing Organizations
- 3) By Application: Antacid And Anti-Flatulent Preparations; Anti-Anemic Preparations; Anti-Inflammatory Drugs; Antibiotic And Antibacterial Drugs; Cough And Cold Preparations; Health Supplement; Vitamin And Dietary Supplement; Pregnancy
- Companies Mentioned: Catalent Inc.; Aenova Group; Procaps Group SA; Sirio Pharma Co. Ltd.; Patheon
- Countries: China; Australia; India; Indonesia; Japan; South Korea; USA; Canada; Brazil; France; Germany; UK; Italy; Spain; Russia
- Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
- Time-series: Five years historic and ten years forecast.
- Data: Ratios of market size and growth to related markets; GDP proportions; expenditure per capita; softgel capsules indicators comparison.
- Data segmentations: country and regional historic and forecast data; market share of competitors; market segments.
- Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.