Global Softgel Capsule Market Is Expanding Owing To Increasing Awareness Among Consumers Towards Health and Growing Research and Developmental Activities

Softgel capsules are specialized oral dosage forms that contain gelatin and other ingredients. They are easy to swallow. The outer shells of these capsules are made of water, sorbitol and glycerin. Softgel capsules are manufactured by pharmaceutical companies and contract manufacturing organizations. Softgel capsules are considered a reliable source of nutrients, as they are easier to swallow than tablets. Therefore, they are used by many different users. These capsules are also available in a variety of colors and shapes. They can be taken with or without food. There are several companies that offer softgel capsule manufacturing. These companies can also provide packaging and fulfillment services. The market for Softgel capsules is expected to expand in terms of revenue during the forecast period. This is a result of the rising prevalence of chronic ailments such as heart disorders. Also, the rise in the number of health supplement launches is driving the growth of this industry.

Rising product launches is estimated to augment growth of the global softgel capsule market during the forecast period. For instance, VegaGels were launched by Aenova in November 2020. These are vegan soft capsules and these capsules adhere to American, Chinese and European Union regulatory requirements. Moreover, increasing costs are anticipated to restrain growth of the global softgel capsule market during the forecast period.

The global Softgel Capsule Market is estimated to be valued at US$ 5,853.18 Mn in 2020, and is expected to exhibit a CAGR of 5.9% during the forecast period (2020-2027).

COVID-19 affected many sectors in several countries globally. The major end users of softgel capsules are pharmaceutical, nutraceutical, and pharmaceutical companies. These companies were severely affected during the pandemic. As many cosmetic companies were shut down, due to government imposed lockdowns in many regions. This affected the demand for softgel capsules in the market. Several trade restrictions were also imposed in many countries. Export and import activities were also halted. This hampered the growth of the global softgel market. However, the market is estimated to witness growth as several restrictions have been eased.

Key Takeaways:

The global softgel capsule market is expected to witness high growth, exhibiting CAGR of XX% over the forecast period, due to growing acquisitions by major players. For instance, a facility in Oxfordshire was acquired by Catalent in April 2022, for the expansion of their biologics capabilities across Europe and the U.K.

North America is anticipated to witness significant growth in the global softgel market over the forecast period, owing to increasing investments on R&D and improved production technology.

Major players operating in the global softgel market are Soft Gel Technologies Inc., Fuji Capsules Co Ltd, Procaps Laboratories, Sirio Pharma, Capsugel, Captek, Procaps Laboratories, Patheon, Aenova, Catalent, and Eurocaps.


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