The softgel capsules market involves the production and distribution of soft, gelatin-based capsules used to deliver liquid or semi-solid ingredients such as vitamins, minerals, oils, and pharmaceuticals. These capsules are preferred for their smooth texture, ease of swallowing, high bioavailability, and ability to mask unpleasant tastes or odors. They are widely used in pharmaceuticals, nutraceuticals, and dietary supplements. Market growth is driven by increasing demand for nutritional supplements, rising health consciousness, and the growing prevalence of chronic diseases requiring precise and efficient drug delivery systems. Technological advancements in capsule formulation—such as plant-based or vegan alternatives, enteric coating, and improved stability—are expanding product applications and consumer appeal.
The global softgel capsules market share was valued at USD 7.46 billion in 2024 and is projected to grow from USD 7.87 billion in 2025 to USD 11.85 billion by 2032, exhibiting a CAGR of 6.0% during the forecast period. Softgel capsules are a popular oral dosage form for delivering dietary supplements, vitamins, and pharmaceutical drugs due to their ease of swallowing, accurate dosing, improved bioavailability, and enhanced stability of active ingredients. North America dominated the softgel capsules market with a market share of 35.52% in 2024, attributed to high consumer awareness, strong healthcare infrastructure, well-established nutraceutical and pharmaceutical sectors, and widespread adoption of advanced manufacturing technologies. The region continues to lead the market due to consistent product innovation and the presence of key industry players focusing on research and development.
These players engage in R&D, contract manufacturing, and strategic partnerships to secure market share and drive innovation. For example, in December 2023, Amneal Pharmaceuticals and Strides Pharma launched an icosapent ethyl softgel capsule under an in‑licensing agreement, illustrating how collaboration is shaping the competitive landscape.