Enteric Softgel Market Size, Share, Growth Analysis, By Type(Gelatin capsules and non-gelatin capsules), By Application(Health supplements and pharmaceuticals), By Distribution channel(Supermarkets and hypermarkets, pharmacies & drug stores, and online stores.), By Region - Industry Forecast 2024-2031

Enteric Softgel Market size was valued at USD 2.5 billion in 2022 and is expected to rise from USD 2.61 billion in 2023 to reach a value of USD 3.63 billion by 2031 at the CAGR of 4.23% during the forecast period (2024-2031).

Enteric softgel capsules having gelatin-based coatings consist of semi-solid and liquid medication. These capsules offer advantages such as bioavailability, easy usability, and improved adequacy levels. The growth of this market is attributed to increasing consumer awareness about the benefits of consuming preventive medicine, increasing geriatric population, rising prevalence of chronic as well as nutrient deficiency diseases, growing pharmaceutical industry, and expanding application of the product to enclose omega-3 oils. In addition, the growing health awareness among the consumers and rising acceptance of dietary and nutritional supplements are the factors which help to propel the market growth during the forecast period.

To meet the requirements of the vegan consumer, new product innovations such as non-gelatin enteric softgel capsules are introduced that help to strengthen the market growth. Major players are focusing on manufacturing of novel variants by using starch and other organic plant-based sources. The expansion of online pharmacies through e-commerce retail channels are having a positive impact on the global market. Major players increased their R&D investments to improve the bioavailability of these capsules and this is expected to propel the market growth.

Furthermore, product innovations such as chewable types that do not require water to swallow are anticipated to augment the enteric softgel capsules market in the coming years.

US Enteric Softgel Market is poised to grow at a sustainable CAGR for the next forecast year.