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South Korea Softgel Capsule Market

ID: MRFR/Pharma/47924-HCR
200 Pages
Rahul Gotadki
October 2025

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

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South Korea Softgel Capsule Market Infographic
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South Korea Softgel Capsule Market Summary

As per MRFR analysis, the South Korea softgel capsule market Size was estimated at 138.57 USD Million in 2024. The South Korea softgel capsule market is projected to grow from 146.47 USD Million in 2025 to 255.0 USD Million by 2035, exhibiting a compound annual growth rate (CAGR) of 5.7% during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The South Korea softgel capsule market is experiencing robust growth driven by health trends and technological advancements.

  • Rising health consciousness among consumers is propelling the demand for softgel capsules in South Korea.
  • Technological advancements in manufacturing processes are enhancing the quality and efficiency of softgel production.
  • The nutraceutical segment is the largest, while the aging population segment is the fastest-growing in the market.
  • Increasing demand for nutraceuticals and a focus on quality and safety standards are key drivers of market growth.

Market Size & Forecast

2024 Market Size 138.57 (USD Million)
2035 Market Size 255.0 (USD Million)
CAGR (2025 - 2035) 5.7%

Major Players

Catalent (US), Amway (US), BASF (DE), Lonza (CH), FMC Corporation (US), Aenova Group (DE), Soft Gel Technologies (US), Natural Alternatives International (US)

South Korea Softgel Capsule Market Trends

The softgel capsule market in South Korea is experiencing notable growth, driven by increasing consumer demand for dietary supplements and pharmaceuticals. This trend appears to be influenced by a rising awareness of health and wellness among the population. As consumers seek convenient and effective delivery methods for nutrients and medications, softgel capsules are becoming a preferred choice due to their ease of swallowing and rapid absorption. Furthermore, the market is likely benefiting from advancements in manufacturing technologies, which enhance the quality and variety of softgel products available. In addition, the regulatory environment in South Korea seems to support innovation within the softgel capsule market. Government initiatives aimed at promoting health supplements and pharmaceuticals may contribute to a more favorable landscape for manufacturers. The growing trend of personalized nutrition is also expected to play a role in shaping product offerings, as companies may explore tailored formulations to meet specific consumer needs. Overall, the softgel capsule market appears poised for continued expansion, reflecting broader shifts in consumer behavior and industry dynamics.

Rising Health Consciousness

There is a growing trend of health awareness among South Korean consumers, leading to increased demand for dietary supplements. This shift is likely driving the softgel capsule market, as individuals seek convenient ways to incorporate essential nutrients into their daily routines.

Technological Advancements in Manufacturing

Innovations in manufacturing processes are enhancing the quality and efficiency of softgel capsule production. These advancements may allow for a wider variety of formulations, catering to diverse consumer preferences and potentially expanding market reach.

Regulatory Support for Health Products

The regulatory framework in South Korea appears to be increasingly supportive of health-related products. This environment may encourage the development and marketing of softgel capsules, as companies navigate compliance while introducing new offerings.

South Korea Softgel Capsule Market Drivers

Innovative Product Development

The softgel capsule market is witnessing a wave of innovative product development, as manufacturers strive to differentiate their offerings in a competitive landscape. This includes the introduction of specialized formulations, such as vegan softgels and those with enhanced absorption capabilities. Recent market analysis suggests that innovation in product formulation could lead to a 15% increase in market share for companies that successfully launch unique products. The softgel capsule market is thus likely to benefit from ongoing research and development efforts, as companies seek to meet evolving consumer preferences and health trends.

Aging Population and Health Needs

The demographic landscape in South Korea is shifting, with a rapidly aging population that is increasingly focused on maintaining health and vitality. This demographic trend is likely to drive the softgel capsule market, as older adults often seek supplements to address specific health concerns such as joint health, cognitive function, and cardiovascular support. According to recent statistics, the population aged 65 and older is expected to reach 20% by 2025, creating a substantial market for health-related products. The softgel capsule market is well-positioned to cater to this demographic, offering targeted formulations that meet the unique needs of older consumers.

Increasing Demand for Nutraceuticals

The softgel capsule market in South Korea is experiencing a notable surge in demand for nutraceuticals, driven by a growing awareness of health and wellness among consumers. This trend is reflected in the increasing consumption of dietary supplements, which are often delivered in softgel form due to their ease of use and enhanced bioavailability. Recent data indicates that the nutraceutical sector is projected to grow at a CAGR of approximately 8% over the next five years. As consumers seek convenient and effective ways to incorporate vitamins and minerals into their diets, the softgel capsule market stands to benefit significantly from this shift in consumer behavior.

Focus on Quality and Safety Standards

In South Korea, there is a heightened emphasis on quality and safety standards within the softgel capsule market. Regulatory bodies are implementing stringent guidelines to ensure that health products meet safety and efficacy requirements. This focus on quality is fostering consumer trust and encouraging manufacturers to invest in high-quality ingredients and production processes. As a result, the softgel capsule market is witnessing a shift towards premium products that prioritize safety and transparency. This trend is expected to enhance brand loyalty and drive sales as consumers become more discerning about the supplements they choose.

Rising E-commerce and Online Sales Channels

The softgel capsule market in South Korea is benefiting from the rapid expansion of e-commerce platforms, which provide consumers with convenient access to a wide range of health products. The online retail sector has seen significant growth, with a reported increase of over 30% in online sales of dietary supplements in the past year. This shift towards digital shopping is reshaping consumer purchasing habits, allowing for greater product variety and competitive pricing. As e-commerce continues to thrive, the softgel capsule market is likely to see enhanced distribution channels and increased consumer engagement, further driving market growth.

Market Segment Insights

Softgel Capsule Market Type Insights

The South Korea Softgel Capsule Market showcases a diverse landscape shaped heavily by the Type segment, which includes both Gelatin Type and Non-Animal Type capsules. The Gelatin Type dominates due to its longstanding use and versatility in pharmaceutical and nutraceutical applications.

Gelatin, derived primarily from animal products, aligns with traditional manufacturing practices. It offers excellent bioavailability and a range of formulations that enhance drug delivery. This segment is characterized by widespread acceptance and reliability, resonating with manufacturers and consumers.

On the other hand, the Non-Animal Type has been gaining traction recently. This is driven by rising demand for vegetarian and vegan options among consumers seeking alternatives to animal-derived products for dietary or ethical reasons. The significance of this segment cannot be overstated.

It addresses increasing consumer consciousness regarding sustainability and animal welfare. With regulatory frameworks in South Korea strengthening the push toward plant-based solutions, this segment is expected to become a crucial part of the market growth narrative.

The evolving consumer preferences in South Korea indicate a shift toward more inclusive products that meet diverse dietary needs, thus enhancing the relevance of the Non-Animal Type. Furthermore, the growing prevalence of dietary supplements and the integration of softgel capsules in various health and wellness products reflect the market's adaptability to contemporary trends.

Softgel Capsule Market Application Insights

The South Korea Softgel Capsule Market is becoming increasingly significant, driven by various applications that cater to diverse health and wellness needs. Within the Application segment, Vitamins and Supplements are particularly prominent. This reflects the growing consumer awareness towards preventive healthcare and nutritional supplementation.

With the increasing trend of self-medication and health consciousness among the South Korean population, there has been a notable rise in demand for these products. This reinforces their dominance in the market. Additionally, Nutrition products have gained traction due to the rising focus on overall physical well-being.

This includes maintaining a balanced diet. The demand for convenient and easily digestible forms of vitamins and supplements, such as softgel capsules, continues to grow. This addresses the preferences of consumers seeking effective delivery methods for their dietary needs.

Furthermore, the influence of aging demographics in South Korea is also a pivotal driver for the rise of these applications. Older adults increasingly seek health supplements to support their longevity and vitality. Overall, the market segmentation indicates a robust trajectory for these applications.

This reflects shifting consumer habits and preferences aligned with health and wellness trends.

Get more detailed insights about South Korea Softgel Capsule Market

Key Players and Competitive Insights

The softgel capsule market exhibits a dynamic competitive landscape, characterized by a blend of innovation and strategic partnerships among key players. Catalent (US), Amway (US), and BASF (DE) are among the prominent companies shaping this market. Catalent (US) focuses on enhancing its manufacturing capabilities and expanding its product portfolio, particularly in the nutraceutical segment, which appears to be a significant growth driver. Meanwhile, Amway (US) emphasizes direct-to-consumer sales and personalized health solutions, leveraging its extensive distribution network to capture a larger market share. BASF (DE) is strategically positioned through its commitment to sustainability and innovation in formulation technologies, which collectively influence the competitive environment by fostering a culture of continuous improvement and responsiveness to consumer demands.

Key business tactics within the softgel capsule market include localizing manufacturing and optimizing supply chains to enhance efficiency and reduce costs. The market structure is moderately fragmented, with several players vying for dominance. The collective influence of these key players is substantial, as they engage in strategic collaborations and investments to bolster their market presence and operational capabilities.

In October 2025, Catalent (US) announced the opening of a new state-of-the-art manufacturing facility in South Korea, aimed at increasing production capacity for softgel capsules. This strategic move is likely to enhance Catalent's ability to meet the growing demand for dietary supplements in the region, thereby solidifying its market position. The facility is expected to incorporate advanced technologies that align with industry trends towards automation and efficiency.

In September 2025, Amway (US) launched a new line of personalized softgel supplements tailored to individual health needs, utilizing data analytics to refine product offerings. This initiative underscores Amway's commitment to innovation and consumer-centric strategies, potentially setting a new standard in the market for personalized health solutions. By leveraging consumer insights, Amway may enhance customer loyalty and drive sales growth.

In August 2025, BASF (DE) entered into a partnership with a local South Korean firm to co-develop sustainable softgel formulations. This collaboration highlights BASF's focus on sustainability and its proactive approach to addressing environmental concerns within the industry. Such partnerships may not only enhance product offerings but also position BASF as a leader in sustainable practices, appealing to environmentally conscious consumers.

As of November 2025, current competitive trends in the softgel capsule market are increasingly defined by digitalization, sustainability, and the integration of artificial intelligence (AI) in product development and marketing strategies. Strategic alliances are shaping the landscape, enabling companies to pool resources and expertise to innovate more effectively. Looking ahead, competitive differentiation is likely to evolve from traditional price-based competition to a focus on innovation, technology, and supply chain reliability, as companies strive to meet the ever-changing demands of consumers.

Key Companies in the South Korea Softgel Capsule Market market include

Industry Developments

The South Korea Softgel Capsule Market is experiencing notable developments. Companies like FONTAINE, Kerry Group, and ABH Pharma are actively participating in innovation and product enhancement. Recent mergers and acquisitions have shaped the market landscape.

Notable among these is Jamieson Laboratories' acquisition of a local supplement company in August 2023. This was to expand its Asia Pacific presence. Boehringer Ingelheim has also increased its focus on softgel capsules for veterinary use, reflecting a trend towards animal health products.

Nutraceutical Corporation is reporting strong revenue growth due to increased demand for dietary supplements. This is leading to a broader market valuation. Furthermore, Elysium Health launched a new range of softgel capsule supplements in September 2023.

This aligns with the rising consumer trend towards health and wellness products. The government's emphasis on bolstering the healthcare sector and exports is supporting the growth of this market segment in South Korea, showcasing its potential on the global stage.

Over the last two to three years, there has been a significant upward shift in the demand for softgel capsules. This is driven by lifestyle changes and increased health awareness among consumers.

Future Outlook

South Korea Softgel Capsule Market Future Outlook

The Softgel Capsule Market is projected to grow at a 5.7% CAGR from 2024 to 2035, driven by increasing health awareness, demand for dietary supplements, and advancements in manufacturing technologies.

New opportunities lie in:

  • Expansion of plant-based softgel formulations to capture health-conscious consumers.
  • Development of customized softgel solutions for niche markets like pediatric and geriatric healthcare.
  • Investment in automated production lines to enhance efficiency and reduce costs.

By 2035, the softgel capsule market is expected to achieve robust growth, positioning itself as a key player in the health supplement industry.

Market Segmentation

South Korea Softgel Capsule Market Application Outlook

  • Nutraceuticals
  • Pharmaceuticals
  • Cosmetics
  • Vitamins
  • Dietary Supplements

South Korea Softgel Capsule Market Formulation Outlook

  • Single Phase
  • Multi-Phase
  • Emulsified
  • Suspended
  • Gelled

South Korea Softgel Capsule Market Ingredients Outlook

  • Gelatin
  • Fish Gelatin
  • Vegetable Gelatin
  • Active Ingredients
  • Colorants

South Korea Softgel Capsule Market Distribution Channel Outlook

  • Online Retail
  • Pharmacies
  • Health Stores
  • Supermarkets
  • Direct Sales

Report Scope

MARKET SIZE 2024 138.57(USD Million)
MARKET SIZE 2025 146.47(USD Million)
MARKET SIZE 2035 255.0(USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR) 5.7% (2024 - 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 Catalent (US), Amway (US), BASF (DE), Lonza (CH), FMC Corporation (US), Aenova Group (DE), Soft Gel Technologies (US), Natural Alternatives International (US)
Segments Covered Application, Ingredients, Formulation, Distribution Channel
Key Market Opportunities Growing demand for plant-based softgel capsules driven by consumer health trends and sustainability concerns.
Key Market Dynamics Rising consumer preference for plant-based softgel capsules drives innovation and competition in the market.
Countries Covered South Korea

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FAQs

What is the expected market size of the South Korea Softgel Capsule Market in 2024?

The South Korea Softgel Capsule Market is expected to be valued at 240.0 million USD in 2024.

What is the projected market size for the South Korea Softgel Capsule Market by 2035?

By 2035, the South Korea Softgel Capsule Market is projected to reach a value of 540.0 million USD.

What is the compound annual growth rate (CAGR) for the South Korea Softgel Capsule Market from 2025 to 2035?

The expected CAGR for the South Korea Softgel Capsule Market from 2025 to 2035 is 7.651%.

Which type of softgel capsules has a dominant market share in South Korea?

The Gelatin Type softgel capsules are projected to dominate the market, valued at 144.0 million USD in 2024.

What is the expected market valuation for Non-Animal Type softgel capsules in 2024?

The Non-Animal Type softgel capsules are expected to be valued at 96.0 million USD in 2024.

Who are the major players in the South Korea Softgel Capsule Market?

Key players in the South Korea Softgel Capsule Market include FONTAINE, Kerry Group, Boehringer Ingelheim, and Amway among others.

What is the expected market size for Gelatin Type softgel capsules in 2035?

The market size for Gelatin Type softgel capsules is expected to reach 324.0 million USD by 2035.

What is the anticipated value of Non-Animal Type softgel capsules by 2035?

The expected market size for Non-Animal Type softgel capsules is projected to be 216.0 million USD in 2035.

What growth drivers are influencing the South Korea Softgel Capsule Market?

Increasing health awareness and demand for dietary supplements are key growth drivers influencing the market.

How will the South Korea Softgel Capsule Market evolve during the forecast period?

The South Korea Softgel Capsule Market is anticipated to undergo significant growth, driven by rising consumer preferences and emerging trends in health supplements.

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