What is Global Soft Gelatin Capsules (Softgels) Market?
The Global Soft Gelatin Capsules (Softgels) Market is a vast and dynamic sector that encompasses a wide range of products. These capsules, often referred to as softgels, are a type of dosage form used for drugs and health supplements. They are made from gelatin or other suitable substances and are usually filled with a liquid, semi-solid, or dry powdered drug. The global market for these capsules is extensive, with a wide range of applications in various industries. The market's growth is driven by factors such as the increasing prevalence of chronic diseases, the growing geriatric population, and the rising demand for advanced drug delivery systems. The market is also influenced by technological advancements in capsule filling machinery and the growing trend towards self-medication.
Gelatin Type, Non-animal Type in the Global Soft Gelatin Capsules (Softgels) Market:
The Global Soft Gelatin Capsules (Softgels) Market is divided into two main types based on the material used to make the capsules: Gelatin Type and Non-animal Type. Gelatin Type softgels are made from animal-derived gelatin, which is a protein produced by partial hydrolysis of collagen extracted from the skin, bones, and connective tissues of animals such as domesticated cattle, chicken, pigs, and fish. On the other hand, Non-animal Type softgels are made from plant-based materials like carrageenan, starch, and modified forms of cellulose. These are suitable for vegetarians and vegans and those with dietary restrictions due to religious beliefs or allergies to animal products. The choice between these two types depends on various factors, including the nature of the drug or supplement to be encapsulated, the target consumer group, and the regulatory requirements in different regions.
Health Supplements, Pharmaceutical, Others (Cosmetics, etc.) in the Global Soft Gelatin Capsules (Softgels) Market:
The Global Soft Gelatin Capsules (Softgels) Market finds its usage in several areas, including Health Supplements, Pharmaceuticals, and Others (Cosmetics, etc.). In the Health Supplements sector, softgels are used to encapsulate various types of dietary supplements, including vitamins, minerals, herbs, and other nutrients. They offer several advantages over other dosage forms, such as ease of swallowing, improved bioavailability, and the ability to mask unpleasant tastes and odors. In the Pharmaceutical sector, softgels are used for a wide range of drugs, including prescription medications, over-the-counter drugs, and generic medicines. They are particularly useful for drugs that are poorly soluble or unstable in the gastric environment. Other applications of softgels include cosmetics and personal care products, where they are used to encapsulate oils, serums, and other active ingredients.
Global Soft Gelatin Capsules (Softgels) Market Outlook:
Looking at the market outlook for the Global Soft Gelatin Capsules (Softgels) Market, it's clear that this sector is on a growth trajectory. In 2023, the market was valued at a substantial US$ 4234 million. Fast forward to 2030, and it's projected to reach an impressive US$ 5622.5 million. This represents a compound annual growth rate (CAGR) of 4.1% during the forecast period from 2024 to 2030. The market is dominated by a handful of key players, with the top seven manufacturers accounting for about half of the total market share. The leading producer is Catalent, which holds a significant 20% market share. When it comes to applications, health supplements lead the way, holding a 58% market share, followed by pharmaceuticals.
| Report Metric | Details |
| Report Name | Soft Gelatin Capsules (Softgels) Market |
| Accounted market size in 2023 | US$ 4234 million |
| Forecasted market size in 2030 | US$ 5622.5 million |
| CAGR | 4.1% |
| Base Year | 2023 |
| Forecasted years | 2024 - 2030 |
| Segment by Type |
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| Segment by Application |
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| Consumption by Region |
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| By Company | Catalent, Aenova, Nature’s Bounty, Procaps, Patheon (Thermo Fisher Scientific), Aland, EuroCaps, Captek, Strides Pharma Science, NextPharma (from Lonza), Soft Gel Technologies, Amway, Sirio Pharma, Baihe Biotech, Ziguang Group, Shineway, Donghai Pharm, By-Health, Yuwang Group, Guangdong Yichao |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
