Softgel Capsules Market Growth and Trends: Key Insights into Market Opportunities for 2025-2034
2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!
How Are Key Drivers Contributing to the Growth and Expansion of the Softgel Capsules Market?
Increasing occurrences of long-term conditions such as cardiovascular diseases are anticipated to steer the expansion of the soft gel capsules market in the future. Chronic diseases are those illnesses that prevail for over a year, including cancer, heart disease, stroke, diabetes, cancer, and arthritis. These prevalent chronic diseases can be managed, but cannot be completely cured, and need continued nutritional and medical attention. Soft gel capsules offer the necessary dietary supplements for individuals with chronic conditions; hence, the mounting occurrence of chronic diseases boosts the requirement for soft gel capsules. For example, a study published by the Indian Council of Medical Research, a top-level India-based organization for medical research, and the Registrar General and Census Commissioner of India, an Indian government entity responsible for registration activities across the nation stated in September 2022 that approximately 60% of the worldwide heart disease burden is credited to India. It was noted on World Heart Day 2022 that cardiovascular diseases (CVDs), which are the primary cause of deaths globally, claim as many as 17.9 million lives worldwide. Therefore, the escalating occurrence of long-term health conditions such as cardiovascular diseases will propel the soft gel capsules market.
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How Will the Growth Rate of theSoftgel Capsules Market Impact Industry Trends by 2034?
Over the last few years, there has been a significant expansion in the softgel capsules market. The market, valued at $8.29 billion in 2024, is expected to rise to $8.92 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 7.7%. This growth in the recent past is tied to the increase in demand within the pharmaceutical and nutraceutical sectors, consumers’ inclination towards oral dosage forms, pliability in customization and formulation, improved bioavailability, and brand differentiation and uniqueness of the product.
The market for softgel capsules is projected to witness substantial growth in the coming years, with an estimated value of $12.67 billion in 2029 and a compound annual growth rate (CAGR) of 9.2%. The surge during this forecast period can be linked to the growth of the healthcare sector, customized healthcare services, functionally oriented food and drink industry, preference for natural and organic products, emphasis on geriatric population, and eco-friendly strategies. Key trends expected in this period include innovation in nutraceuticals, sustainability drives, inclination towards natural and organics, and adherence to regulations.
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What New Market Trends Are Reshaping theSoftgel Capsules Market and Its Opportunities?
Increased technological evolution is a prominent trend taking off in the softgel capsules market. Major businesses in this sector are concentrating on creating new items with cutting-edge technology to maintain their market dominance. For example, International Flavors & Fragrances (IFF), Inc., a US-based company specializing in flavors, fragrances, and cosmetic actives, unveiled its latest pectin-based technology, VERDIGEL SC, in April 2023. This extends their vegan softgel offerings further. Characterized as an inventive vegan softgel technology that is carrageenan-free, VERDIGEL SC provides exceptional softgel quality, enhanced performance, and boosts process efficiency. It’s crafted for easy incorporation into existing operations, requiring only the addition of water and a plasticizer to produce superior softgels, making it versatile for numerous formulations.
Who Are the Leading Market Players Fueling Growth in the Softgel Capsules Market Trend?
Major companies operating in the softgel capsules market are Catalent Inc., Eurocaps Ltd., Aenova Group GmbH, Sirio Pharma Co. Ltd., Procaps Laboratories Inc., Captek Softgel International Inc., Fuji Capsule Co. Ltd., Hunan ER-KANG Pharmaceutical Co. Ltd., Curtis Health Caps SA, Delpharm Holding SAS, Estrellas Life Sciences Pvt. Ltd., Elnova Pharma LLP, Soft Gel Technologies Inc., Weihai Baihe Biology Technological Co. Ltd., United Laboratories, Robinson Pharma Inc., Thermo Fisher Scientific Inc., Best Formulations Inc., DCC PLC, Biophar Lifesciences Pvt. Ltd., Swisschem Healthcare, Krishlar Pharmaceuticals, Amzor Healthcare Pvt. Ltd., Medgel Pvt. Ltd., Amway Corp., Welex Laboratories Pvt. Ltd., NutraScience Labs Inc., Nutrifynn Caps Inc., NutraPak USA, Nutrafill LLC, Nutricap Labs LLC, Nutra Manufacturing Inc., Ion Labs Inc., Vitakem Nutraceutical Inc., Private Label Nutraceuticals LLC, NutraLab Canada Ltd., Makers Nutrition LLC
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How is the Global Softgel Capsules Market Segemented?
The softgel capsules market covered in this report is segmented –
1) By Type: Gelatin Or Animal Based, Non-Animal Based
2) By Manufacturers: Pharmaceutical Companies, Nutraceutical Companies, Cosmeceutical Companies, Contract Manufacturing Organizations, Softgel Capsules
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
Subsegments:
1) By Gelatin Or Animal Based: Porcine Gelatin, Bovine Gelatin, Fish Gelatin
2) By Non-Animal Based: Vegetarian Capsules, Gelatin Alternatives
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https://www.thebusinessresearchcompany.com/customise?id=8309&type=smpGlobal Softgel Capsules Market, Global Softgel Capsules Market Report, Global Softgel Capsules Market Trends, Global Softgel Capsules Market Size
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