Softgel Capsules Market Size and Share
Softgel Capsules Market Analysis by Mordor Intelligence
The Softgel Capsules Market size is estimated at USD 8.86 billion in 2025, and is expected to reach USD 11.94 billion by 2030, at a CAGR of 6.16% during the forecast period (2025-2030). Ongoing shifts toward plant-based shells, precision drug delivery, and regionally diversified manufacturing underpin this trajectory. Pullulan-based Plantcaps and HPMC variants are gaining favor as regulatory pressure on animal sourcing intensifies and consumers gravitate toward clean-label products. Technological breakthroughs—such as Evonik’s plasticizer-free EUDRAGIT FL 30 D-55 and GELITA’s one-step DELASOL system—accelerate formulation cycles, broaden biologics applicability, and reduce cost overruns. Meanwhile, supply-chain localization in Asia-Pacific and CDMO consolidation in North America and Europe add capacity and shorten lead times, supporting steady expansion despite raw-material volatility.
Key Report Takeaways
- By shell source, gelatin retained 82.34% of softgel capsules market share in 2024; non-animal shells are projected to grow at a 7.24% CAGR to 2030.
- By application, pharmaceuticals led with 60.74% revenue share in 2024; nutraceuticals are forecast to expand at a 7.93% CAGR through 2030.
- By geography, North America captured 33.78% of the softgel capsules market in 2024, while Asia-Pacific is set to register the fastest 8.03% CAGR to 2030.
Global Softgel Capsules Market Trends and Insights
Drivers Impact Analysis
| Driver | (~) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
|---|---|---|---|
| Technological advancements and rising R&D spend | +1.2% | Global, with concentration in North America & EU | Medium term (2-4 years) |
| Growing demand from health-conscious consumers | +0.9% | Global, led by North America and developed APAC markets | Short term (≤ 2 years) |
| Aging population seeking easy-to-swallow formats | +0.8% | North America, Europe, Japan | Long term (≥ 4 years) |
| Precision enteric softgels for biologics pipeline | +0.7% | North America & EU, expanding to APAC | Medium term (2-4 years) |
| Subscription-based personalised nutrition models | +0.5% | North America, Western Europe | Short term (≤ 2 years) |
| APAC CDMO capacity race (supply-chain security) | +0.6% | APAC core, spill-over to global supply chains | Medium term (2-4 years) |
| Source: Mordor Intelligence | |||
Technological Advancements and Rising R&D Spend
Pharmaceutical developers are reallocating budgets toward delivery formats that boost bioavailability, with softgels emerging as a preferred option for poorly soluble APIs. Evonik’s EUDRAGIT FL 30 D-55 cuts preparation times by 70%, thus compressing scale-up windows and reducing capital lock-in.[1]Source: Evonik Industries, “The Gold Standard for Enteric Coatings Has Gone Platinum,” healthcare.evonik.com Patent filings for thioureylene liquids targeting hyperthyroidism and Bacopa monnieri complexes underscore the platform’s versatility. Integrated CDMOs now bundle formulation, analytical, and commercial production under one roof, trimming tech-transfer friction and speeding launches, a trend highlighted by Novo Holdings’ Catalent takeover.
Growing Demand from Health-Conscious Consumers
Shifts toward plant-centric, transparent labeling continue to amplify HPMC and pullulan adoption. Nearly half of supplement users now prefer capsules, citing easier swallowing, odor masking, and quicker onset. Manufacturers are responding by investing in vegan-certified production lines and developing innovative shell materials like carrageenan and pectin-based systems that maintain functionality while meeting dietary restrictions. The convergence of health consciousness and ethical consumption patterns is reshaping product development priorities across the industry.
Aging Population Seeking Easy-to-Swallow Formats
Global aging trends elevate demand for dosage forms tailored to dysphagia. Softgels dissolve in 20-30 minutes and present a smooth contour that eases ingestion, thereby improving adherence in cardiovascular and cognitive therapies. Mechanical optimization studies using differential scanning calorimetry reveal enhanced shell elasticity, mitigating fracture risk during transport. Nutraceutical brands leverage these traits to deliver omega-3, collagen, and vitamin D regimens aimed at joint, vision, and skin health.
Precision Enteric Softgels for Biologics Pipeline
Enteric capsules that protect payloads from gastric pH while ensuring duodenal release are vital for peptides and probiotics. GELITA’s DELASOL one-step technology meets United States Pharmacopeia dissolution criteria without separate coating, trimming QA steps and energy consumption by up to 30%. Lonza’s Enprotect achieves 98% buffer release in 30 minutes and won the 2023 Medicine Maker Innovation Award. MDPI research demonstrated a two-year shelf-life for lactoferrin pellets housed in enteric systems, showcasing viability for fragile biologics.
Restraints Impact Analysis
| Restraint | (~) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
|---|---|---|---|
| Product leakage and heat-humidity stability issues | -0.8% | Global, particularly tropical and humid regions | Short term (≤ 2 years) |
| Stringent sourcing / BSE-free gelatin regulations | -0.6% | Europe, North America, with spillover to global trade | Medium term (2-4 years) |
| Omega-3 supply volatility inflating fill costs | -0.5% | Global, with acute impact on nutraceutical segment | Short term (≤ 2 years) |
| Scale-up barriers for plant-based shell sealing | -0.4% | Global, concentrated in markets transitioning to vegan alternatives | Medium term (2-4 years) |
| Source: Mordor Intelligence | |||
Product Leakage and Heat-Humidity Stability Issues
Moisture uptake can weaken seams and hasten oxidation, a critical concern for temperature-sensitive omega-3 fills in tropical regions. Traditional gelatin shells exhibit moisture absorption rates that can compromise seal integrity under extreme conditions, leading to product leakage and reduced shelf-life stability. Advanced Healthcare Materials research published in 2024 emphasized the critical importance of shell formulation optimization using differential scanning calorimetry and mechanical testing to ensure product quality throughout storage conditions.[2]Source: Naharros-Molinero et al., “Shell Formulation in Soft Gelatin Capsules,” onlinelibrary.wiley.com Advances in moisture-barrier coatings and plasticizer blends demonstrate lab-scale promise but await regulatory clearance for broad commercial use.
Stringent Sourcing / BSE-Free Gelatin Regulations
Enhanced surveillance following EFSA’s 2024 assessment compels exhaustive traceability, elevating procurement timelines and raw-material costs.[3]Source: EFSA Panel on Biological Hazards, “BSE Risk Posed by Ruminant Collagen and Gelatine Derived from Bones,” wiley.com Smaller firms, lacking robust audit infrastructures, face disproportionate hurdles, spurring accelerated plant-based adoption. Dual-sourcing strategies—combining bovine-free gelatin with HPMC reserves—are gaining favor as companies strive for uninterrupted supply. Companies are increasingly investing in dual-sourcing strategies that combine traditional gelatin with plant-based alternatives to maintain regulatory compliance while meeting diverse market demands.
Segment Analysis
By Shell Source: Plant-Based Innovation Accelerates
The gelatin category controlled 82.34% of softgel capsules market share in 2024, supported by reliable supply chains and proven mechanical strength. Nevertheless, non-animal shells are expanding at a 7.24% CAGR as regulatory scrutiny over BSE and consumer ethics motivates formulators to switch. HPMC shells provide moisture protection and faster disintegration, while pullulan offers superior oxygen barriers that safeguard antioxidants and probiotics. Carrageenan and pectin systems are advancing but still face commercial-scale hurdles. Competitive differentiation hinges on balancing shell clarity, seal integrity, and line throughput.
Expanded capacity for plant-based capsules is reshaping supply dynamics. IFF Pharma Solutions markets non-GMO HPMC options designed for hygroscopic botanicals. Gelatin suppliers respond with specialty grades such as low-endotoxin bovine and porcine derivatives compliant with strict pharmacopeial limits. Innovation remains two-pronged: upgrade traditional gelatin while commercializing next-generation vegan alternatives. The softgel capsules market continues to reward players that can flex production lines between both materials without downtime.
By Application: Pharmaceuticals Lead, Nutraceuticals Surge
Pharmaceutical applications accounted for 60.74% of 2024 revenue, buoyed by a wave of poorly soluble NCEs that benefit from lipid-based fills. The softgel capsules market size for pharmaceuticals is projected to grow in the coming years, reflecting regulatory harmonization that unifies bioequivalence pathways. Precision enteric formats address biologic stability challenges, widening the pipeline of therapeutic candidates.
Nutraceuticals, the fastest-growing slice at a 7.93% CAGR, leverage personalized subscription services that bundle micronutrients into daily packs shipped directly to consumers. The softgel capsules market size for nutraceuticals is expected to flourish as data-driven formulations pivot toward immunity, women’s health, and joint care. Cosmetic-nutrition hybrids, often branded “beauty-from-within,” employ co-encapsulation of collagen peptides and biotin to differentiate in a crowded supplement aisle
Note: Segment shares of all individual segments available upon report purchase
Geography Analysis
North America maintained leadership with 33.78% of 2024 revenue, powered by deep R&D pipelines, extensive CDMO capacity, and clear FDA pathways that shorten time-to-market. The region benefits from an aging demographic that values swallowable formats and a mature e-commerce nutraceutical channel that promotes personalized packs. Canada’s tax incentives for pharmaceutical R&D and Mexico’s cost-competitive fill-finish sites complement U.S. capacity, fostering a regional cluster effect.
Europe ranks second, characterized by high quality standards and strict gelatin provenance checks following the 2024 EFSA risk reassessment. Germany’s Aenova Group runs multi-site gelatin and vegan softgel lines, while Italy, France, and Spain house specialized CDMOs supporting regional brand owners. Eastern European facilities in Croatia and Poland attract investment as lower-cost hubs that still meet EU GMP.
Asia-Pacific is the fastest riser at 8.03% CAGR, fueled by new plants in Thailand, South Korea, and India that diversify supply chains beyond China. Sirio Pharma’s USD 40 million Thai site and SK pharmteco’s USD 260 million Korean expansion exemplify the regional capacity race. Japan’s stringent quality culture and Australia’s regulatory efficiency serve as gateways for APAC exports destined for Western markets. Rising healthcare expenditure, urbanization, and digital pharmacy adoption underpin sustained demand.
Competitive Landscape
The softgel capsules market features a mid-range concentration, following Novo Holdings’ USD 16.5 billion Catalent acquisition. Vertical integration offers one-stop development through commercial production, while smaller innovators carve out niches in vegan shells and high-potency fills. Lonza’s Enprotect won the 2023 Medicine Maker award and the firm subsequently announced plans to divest capsule operations to favor higher-margin CDMO segments.
European CDMOs are scaling vegan capacity as clean-label demand grows; Aenova launched VegaGels and expanded German lines to secure local clients. Asian manufacturers emphasize cost and speed: WuXi STA enlarged peptide and oligonucleotide lines, offering integrated API and dose manufacturing under one Quality Management System. Supply contracts increasingly bundle formulation optimization, analytical method development, and regulatory dossier preparation, shrinking timelines from candidate selection to commercial launch.
Technological competition centers on shell-material science and continuous manufacturing. Patent filings for wax-based sustained release and lipid multiparticulate systems indicate rising R&D spend to solve bioavailability gaps. Companies that can scale plant-based shells without compromising seam integrity or machine throughput stand to capture share as consumer ethics drive purchasing decisions.
Softgel Capsules Industry Leaders
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Fuji Capsule Co., Ltd.
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Soft Gel Technologies, Inc.
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Catalent Inc.
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Lonza (Capsugel)
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CAPTEK Softgel International
- *Disclaimer: Major Players sorted in no particular order
Recent Industry Developments
- January 2024: Althea launched CBD3:THC2 and THC10 softgel medicines, completing a full portfolio across CBD-dominant, balanced, and THC-dominant segments.
- December 2023: Strides Pharma and Amneal rolled out Icosapent ethyl softgel capsules referencing VASCEPA for severe hypertriglyceridemia.
- June 2023: Lee Health Domain introduced D-Macula softgels targeting macular degeneration.
- January 2023: Celix Pharma debuted Bexarotene 75 mg soft-gels in the UK.
Global Softgel Capsules Market Report Scope
As per the scope, the softgel capsules are a gelatin-based shell containing a liquid medicament. It is used as a dosage form for a variety of medicines such as vitamins. The Softgel Capsules Market is Segmented By Type (Animal Based and Non-animal Based), Application (Pharmaceutical, Nutraceutical, and Other Applications), and Geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America). The market report also covers the estimated market sizes and trends for 17 different countries across major regions, globally. The report offers the value (in USD million) for the above segments.
| Gelatin (Animal-based) |
| Non-animal-based |
| Pharmaceuticals |
| Nutraceuticals and Dietary Supplements |
| Cosmetics and Personal Care |
| Other Applications |
| North America | United States |
| Canada | |
| Mexico | |
| Europe | Germany |
| United Kingdom | |
| France | |
| Italy | |
| Spain | |
| Rest of Europe | |
| Asia-Pacific | China |
| Japan | |
| India | |
| Australia | |
| South Korea | |
| Rest of Asia-Pacific | |
| Middle East and Africa | GCC |
| South Africa | |
| Rest of Middle East and Africa | |
| South America | Brazil |
| Argentina | |
| Rest of South America |
| By Shell Source | Gelatin (Animal-based) | |
| Non-animal-based | ||
| By Application | Pharmaceuticals | |
| Nutraceuticals and Dietary Supplements | ||
| Cosmetics and Personal Care | ||
| Other Applications | ||
| By Geography | North America | United States |
| Canada | ||
| Mexico | ||
| Europe | Germany | |
| United Kingdom | ||
| France | ||
| Italy | ||
| Spain | ||
| Rest of Europe | ||
| Asia-Pacific | China | |
| Japan | ||
| India | ||
| Australia | ||
| South Korea | ||
| Rest of Asia-Pacific | ||
| Middle East and Africa | GCC | |
| South Africa | ||
| Rest of Middle East and Africa | ||
| South America | Brazil | |
| Argentina | ||
| Rest of South America | ||
Key Questions Answered in the Report
What is the projected value of the softgel capsules market by 2030?
The market is expected to reach USD 11.94 billion by 2030 at a 6.16% CAGR.
Which shell material is growing fastest?
Non-animal shells, primarily HPMC and pullulan, are growing at a 7.24% CAGR to 2030.
Why are softgels preferred for biologics?
Enteric softgel technologies protect fragile APIs from gastric acid, ensuring targeted intestinal release and higher bioavailability.
Which region shows the highest growth potential?
Asia-Pacific is set to post an 8.03% CAGR through 2030 on the back of new manufacturing investments and healthcare spending.
How are regulations influencing shell sourcing?
Stricter BSE-free mandates in Europe and North America push manufacturers to adopt fully traceable bovine sources and accelerate plant-based alternatives.
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