India Softgel Capsule Market Research Report By Type (Gelatin Type, Non-Animal Type) and By Application (Vitamins, Supplement, Nutrition)-Forecast to 2035

India Softgel Capsule Market Overview

As per MRFR analysis, the India Softgel Capsule Market Size was estimated at 450 (USD Million) in 2023. The India Softgel Capsule Market Industry is expected to grow from 480(USD Million) in 2024 to 1,030 (USD Million) by 2035. The India Softgel Capsule Market CAGR (growth rate) is expected to be around 7.188% during the forecast period (2025 - 2035).

Key India Softgel Capsule Market Trends Highlighted

Various major market drivers are driving the significant growth of the India Softgel Capsule Market. The demand for dietary supplements and nutraceuticals has increased as a result of the growing awareness of health and wellness among consumers. Softgel capsules are becoming increasingly popular due to their enhanced bioavailability of active ingredients and their ease of swallowing, as more individuals prioritize preventive healthcare.

Furthermore, the expansion of this market is being facilitated by the introduction of innovative formulations and the development of advanced manufacturing technologies. Due to the government's increasing support for the pharmaceutical and nutraceutical industries, opportunities are also emerging in this sector. The production of softgel capsules can be improved by initiatives such as "Atmanirbhar Bharat" (Self-reliant India), which are designed to stimulate local manufacturing.

This could result in the development of new product offerings that are tailored to the diverse requirements of consumers, as it motivates local players to invest more in research and development and innovate. In addition, the proliferation of e-commerce and online retail platforms has facilitated the accessibility of softgel capsules to consumers throughout the nation.. As an increasing number of consumers in India adopt vegan and vegetarian lifestyles, recent trends suggest a transition to plant-based and vegetarian softgel capsules.

This trend is being driven by a youthful population that places a high value on ethical sourcing and sustainability, which has prompted manufacturers to investigate alternatives to gelatin-based capsules.Furthermore, the industry's evolution in India is being furthered by the growth of collaborations among manufacturers, suppliers, and research institutions, which is facilitating the development of more advanced products. A dynamic and swiftly evolving market landscape for softgel capsules in India is indicated by the combination of these trends.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

India Softgel Capsule Market Drivers

Increasing Demand for Dietary Supplements

The India Softgel Capsule Market Industry is witnessing significant growth due to the increasing awareness and demand for dietary supplements among the Indian population. According to an analysis from the Food Safety and Standards Authority of India, the nutraceuticals market, which includes dietary supplements, is projected to grow at a CAGR of 21% from 2020 to 2025, indicating a substantial shift in consumer preferences towards health and wellness products.

This growing trend is influenced by the rising prevalence of lifestyle diseases and changing nutritional patterns. Established organizations such as Dabur and Himalaya are expanding their product lines in softgel capsules, meeting the demand driven by consumers looking for convenient and effective dietary solutions. This shift not only supports the growth of the India Softgel Capsule Market but also enhances accessibility to nutritional supplements across the country, contributing positively to market expansion.

Expansion of the Pharmaceutical Sector

The expansion of the pharmaceutical sector in India is a primary driver for the India Softgel Capsule Market Industry. The Indian pharmaceutical market is forecasted to reach USD 55 billion by 2025, according to the Indian Brand Equity Foundation.

This growth creates a broader platform for softgel capsule manufacturers to tap into an expanding customer base for pharmaceutical applications. Organizations such as Sun Pharmaceutical Industries and Dr.Reddy's Laboratories are increasingly incorporating softgel formulations in their product portfolios. This trend not only enhances the market for softgel capsules but also ensures higher acceptance rates among patients for medication administration, significantly boosting the growth of the India Softgel Capsule Market.

Rising Prevalence of Chronic Diseases

The increasing prevalence of chronic diseases in India is leading to a surge in demand for effective drug delivery systems, including softgel capsules. The Federation of Indian Chambers of Commerce and Industry reports that approximately 63 million people in India are currently living with diabetes, and heart diseases account for nearly 27% of all deaths in the country.

These alarming figures emphasize the necessity for innovative and patient-friendly dosage forms.Companies like GlaxoSmithKline and Pfizer are developing softgel formulations aimed at providing better therapeutic outcomes for chronic diseases. This demand for advanced delivery systems in combating chronic conditions drives the growth of the India Softgel Capsule Market, reflecting a strong market potential for future investments in this segment.

India Softgel Capsule Market Segment Insights

Softgel Capsule Market Type Insights

The India Softgel Capsule Market, with a focus on the Type segment, exhibits a prominent diversification, particularly into Gelatin Type and Non-Animal Type. Gelatin Type capsules are widely utilized due to their effectiveness in encapsulating both solid and liquid formulations.

These capsules are primarily derived from animal sources, primarily bovine or porcine, catering to a substantial demand stemming from traditional dietary supplements and the pharmaceutical sector. As the Indian population increasingly becomes health-conscious, the consumption of Gelatin Type softgels continues to rise, making them a crucial driver within the India Softgel Capsule Market.

In contrast, Non-Animal Type capsules are gaining momentum, reflecting a significant shift towards vegetarian and vegan alternatives among consumers. This transformation aligns with changing dietary preferences and the growing market for plant-based products, thus broadening their application in health and wellness products.

The rise in awareness regarding animal welfare, coupled with increased demand for sustainably sourced materials, positions Non-Animal Type softgels as a vital player within the market. The combination of these two segments caters to diverse consumer preferences, enabling manufacturers to tap into distinct market niches.

The presence of both Gelatin and Non-Animal Types illustrates an adaptive response to diverse consumer needs, highlighting the ongoing trends that shape the India Softgel Capsule Market. Furthermore, issues such as regulatory standards, technological advancements in capsule production, and an increase in Research and Development within the industry contribute to the growth of softgel capsules. Adapting to these changing trends not only aids in market penetration but also enhances the competitive landscape, creating numerous opportunities for new entrants within the industry.

In summary, the Type segment of the India Softgel Capsule Market reveals a dynamic landscape influenced by both Gelatin and Non-Animal Types. Understanding the consumer preferences and industry trends associated with these two types is essential for companies aiming to thrive in this competitive environment. The evolving nature of consumer demands for both traditional and alternative capsule options emphasizes the importance of innovation and adaptation in this market sector.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Softgel Capsule Market Application Insights

The India Softgel Capsule Market, particularly in the Application segment, exhibits a diverse array of uses, primarily focusing on Vitamins, Supplements, and Nutrition. Increasing health awareness and the growing trend of preventive healthcare have significantly bolstered the demand for these products. The Vitamins segment plays a crucial role in addressing nutritional deficiencies among the Indian population, especially given the rise in specific health issues linked to lifestyle changes.

Supplements serve as an essential resource for individuals seeking to enhance overall health and wellness, with a notable surge in demand for alternatives to conventional medication.Nutrition-focused softgel capsules are gaining traction as they align with the health-conscious lifestyle of consumers in India, further driving market growth. Government initiatives promoting health and nutrition also contribute positively to this sector.

Overall, the combination of rising healthcare expenditure and an expanding base of health-conscious consumers indicates a robust growth trajectory for the Application segment within the India Softgel Capsule Market, highlighting its significant potential in addressing the nutritional needs of the population.

India Softgel Capsule Market Key Players and Competitive Insights

The India Softgel Capsule Market is experiencing significant growth, driven by the rising demand for dietary supplements, pharmaceuticals, and nutraceuticals. This market is characterized by intense competition as various players strive to capture market share through innovative product offerings and strategic partnerships. Companies in this sector are focusing on expanding their production capabilities while ensuring compliance with regulatory standards, which enhances their market standing.

The continuous evolution of consumer preferences towards convenience in medication delivery systems further accelerates the demand for softgel capsules, leading to an increase in investment in research and development. This competitive landscape demands that firms not only optimize their product formulations but also hone their marketing strategies to appeal to a broader consumer base. Zydus Cadila is a prominent player in the India Softgel Capsule Market, recognized for its extensive portfolio of quality products. The company has established a strong market presence through innovative formulations and a robust distribution network that effectively caters to consumer needs.

Zydus Cadila's strength lies in its ability to leverage advanced technology and manufacturing processes, allowing for the production of a wide range of softgel capsules that address various health concerns. The commitment to quality and efficiency has garnered the trust of both healthcare professionals and consumers, solidifying its reputation in the industry. Moreover, the company's focus on expanding its therapeutic range enhances its competitive edge, enabling it to better meet the diverse requirements of the Indian market.Elder Pharmaceuticals is another key entity within the India Softgel Capsule Market, known for its diverse range of products that include dietary supplements and specialized health solutions.

The company's strong foothold in the market is attributed to its strategic emphasis on research and development, enabling it to introduce innovative softgel formulations that align with current healthcare trends. Elder Pharmaceuticals has cultivated a solid market presence through effective branding and distribution strategies that resonate with both consumers and healthcare providers.

The company’s strengths extend to its commitment to quality assurance and compliance with industry regulations, which bolster its credibility in the market. Through targeted mergers and acquisitions, Elder Pharmaceuticals aims to expand its operational capacity and enhance its product offerings, further solidifying its leadership position in the Indian softgel capsule sector. Their focus on ensuring accessibility and affordability of healthcare solutions continues to drive their growth in the competitive landscape of India’s softgel capsule market.

Key Companies in the India Softgel Capsule Market Include

• Zydus Cadila


• Elder Pharmaceuticals


• MediCaps


• Apex Laboratories


• Healthbiotech


• RSM Laboratories


• Bharat Serum and Vaccines


• Hetero Labs


• Zim Laboratories


• Strides Pharma Science


• New Era Pharmaceuticals


• Capsugel


• M S Bhasin


• Viva Lifesciences


• Elysian Life Sciences

India Softgel Capsule Market Industry Developments

Recent developments in the India Softgel Capsule Market indicate significant growth and strategic advancements among key players such as Zydus Cadila, Elder Pharmaceuticals, and MediCaps. In September 2023, Zydus Cadila launched a new range of softgel capsules aimed at addressing rising consumer demand for dietary supplements and pharmaceuticals in liquid form. Concurrently, MediCaps has been focusing on expanding its production capabilities to meet increasing market needs through investments in advanced technologies. The market is witnessing heightened competition with Apex Laboratories and Healthbiotech enhancing their product lines.

Notably, in August 2023, RSM Laboratories and Hetero Labs announced a collaboration to combine research efforts for developing innovative softgel formulations. Growth in market valuation has been fueled by increased health awareness among consumers and a burgeoning interest in alternative medicine, with the market expected to reach substantial figures by the end of 2024.

Over the past few years, significant happenings include the expansion of production facilities by Zim Laboratories in June 2022, and a strategic partnership forged by Strides Pharma Science with New Era Pharmaceuticals in March 2023, reinforcing a focus on creating diversified product offerings in the softgel segment.

India Softgel Capsule Market Segmentation Insights

Softgel Capsule Market Type Outlook

• Gelatin Type


• Non-Animal Type

Softgel Capsule Market Application Outlook

• Vitamins


• Supplement


• Nutrition

Report Attribute/Metric Source:	Details
MARKET SIZE 2023	450.0(USD Million)
MARKET SIZE 2024	480.0(USD Million)
MARKET SIZE 2035	1030.0(USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR)	7.188% (2025 - 2035)
REPORT COVERAGE	Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR	2024
MARKET FORECAST PERIOD	2025 - 2035
HISTORICAL DATA	2019 - 2024
MARKET FORECAST UNITS	USD Million
KEY COMPANIES PROFILED	Zydus Cadila, Elder Pharmaceuticals, MediCaps, Apex Laboratories, Healthbiotech, RSM Laboratories, Bharat Serum and Vaccines, Hetero Labs, Zim Laboratories, Strides Pharma Science, New Era Pharmaceuticals, Capsugel, M S Bhasin, Viva Lifesciences, Elysian Life Sciences
SEGMENTS COVERED	Type, Application
KEY MARKET OPPORTUNITIES	Growing demand for dietary supplements, Expanding pharmaceutical applications, Rise in health-conscious consumers, Increasing investments in R&D, Surge in e-commerce distribution channels
KEY MARKET DYNAMICS	Rising demand for dietary supplements, Growth in healthcare expenditure, Increasing preference for non-gelatin alternatives, Expansion of online retail channels, Advancements in softgel manufacturing technology
COUNTRIES COVERED	India