• Cat-intel
  • MedIntelliX
  • Resources
  • About Us
  • Request Free Sample ×

    Kindly complete the form below to receive a free sample of this Report

    Leading companies partner with us for data-driven Insights

    clients tt-cursor

    South America Softgel Capsule Market

    ID: MRFR/Pharma/47930-HCR
    200 Pages
    Rahul Gotadki
    September 2025

    South America Softgel Capsule Market Research Report By Type (Gelatin Type, Non-Animal Type), By Application (Vitamins, Supplement, Nutrition) and By Regional (Brazil, Mexico, Argentina, Rest of South America)-Forecast to 2035

    Share:
    Download PDF ×

    We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

    South America Softgel Capsule Market Research Report-Forecast to 2035 Infographic
    Purchase Options
    $ 4,950.0
    $ 5,950.0
    $ 7,250.0
    Table of Contents

    South America Softgel Capsule Market Summary

    The South America Softgel Capsule market is projected to grow significantly from 1250 USD Million in 2024 to 2750 USD Million by 2035.

    Key Market Trends & Highlights

    South America Softgel Capsule Key Trends and Highlights

    • The market is expected to expand at a compound annual growth rate (CAGR) of 7.43% from 2025 to 2035.
    • By 2035, the market valuation is anticipated to reach 2750 USD Million, indicating robust growth potential.
    • In 2024, the market is valued at 1250 USD Million, reflecting a solid foundation for future expansion.
    • Growing adoption of softgel capsules due to their convenience and enhanced bioavailability is a major market driver.

    Market Size & Forecast

    2024 Market Size 1250 (USD Million)
    2035 Market Size 2750 (USD Million)
    CAGR (2025 - 2035) 7.43%

    Major Players

    Petrobras (BR), Vale (BR), Itaú Unibanco (BR), Banco do Brasil (BR), Ambev (BR), Grupo Bimbo (BR), Cemex (MX), ArcelorMittal (BR), Telefónica (ES), LATAM Airlines (CL)

    South America Softgel Capsule Market Trends

    The South America Softgel Capsule Market is expanding significantly, primarily due to the growing demand for nutraceuticals and dietary supplements among consumers. Consumers are increasingly seeking convenient and effective supplement forms due to the increasing awareness of health and wellness in countries such as Brazil, Argentina, and Colombia. Softgel capsules are the preferred option due to their superior absorption and simplicity of swallowing. Another significant market driver is the increasing influence of online retail platforms, which increases consumer accessibility and enables a diverse selection of softgel products.

    Companies are recognizing opportunities to address the increasing demand for products that promote immune health and overall well-being as more individuals prioritize their health. Adherence to these guidelines can provide a competitive advantage for companies in the softgel capsule market as regulations and quality standards continue to evolve in countries throughout South America, particularly in Brazil and Argentina. The utilization of innovative technology in manufacturing processes is also becoming increasingly prevalent, resulting in enhanced product quality and safety.

    In general, the South America Softgel Capsule Market is characterized by a dynamic landscape that is replete with the potential for growth and innovation, which is being driven by evolving consumer preferences and behaviors.

    South America Softgel Capsule Market Drivers

    Market Segment Insights

    South America Softgel Capsule Market Segment Insights

    South America Softgel Capsule Market Segment Insights

    Softgel Capsule Market Type Insights

    Softgel Capsule Market Type Insights

    The South America Softgel Capsule Market showcases a diversified range of types, primarily divided between Gelatin Type and Non-Animal Type. The Gelatin Type is extensively utilized due to its compatibility with various formulations, being particularly favored for vitamins, dietary supplements, and pharmaceuticals. This type of softgel often holds a majority share in the market due to its long-standing use and consumer acceptance. On the other hand, the Non-Animal Type is rising in prominence owing to the growing trend toward vegetarianism and veganism, addressing demand from consumers who prefer plant-based solutions.

    As the South America region becomes increasingly health-conscious, the Non-Animal Type addresses a niche segment within the softgel market by catering to ethical and dietary preferences, thus presenting considerable opportunities for growth. The trends in the South America Softgel Capsule Market indicate a potential shift towards more inclusive options as consumers look for transparency in ingredient sourcing.

    Additionally, the significant manufacturing capabilities in South America facilitate the production of both Gelatin and Non-Animal types, allowing for tailored solutions that meet various consumer needs.Key drivers for market expansion include increasing investments in health and wellness sectors, coupled with rising awareness of nutritional supplements among the population. The South America Softgel Capsule Market is also positioned to benefit from technological advancements in capsule production, encouraging innovation and variety within these types.

    Overall, both types play essential roles in fulfilling the diverse demands of the South American market, with Gelatin Type holding historical significance and Non-Animal Type making substantial inroads in response to contemporary consumer preferences.

    Softgel Capsule Market Application Insights

    Softgel Capsule Market Application Insights

    The Application segment of the South America Softgel Capsule Market encompasses critical categories such as Vitamins, Supplement, and Nutrition, which play a vital role in promoting health and wellness across the region. As consumers increasingly prioritize preventive healthcare and the management of chronic diseases, the demand for vitamin and supplement softgel products is on the rise. This shift towards health-conscious choices is prompting manufacturers to innovate and diversify their offerings, ensuring that formulations cater to specific health needs, such as immune support and enhanced nutrient absorption.

    Moreover, the growing trend of natural and herbal supplements is further driving the market as consumers seek products with fewer artificial additives. The Nutrition segment is gaining traction as well, with softgel capsules becoming a preferred method for delivering essential nutrients in a convenient form, appealing to busy lifestyles prevalent in urban South America. These factors contribute to the ongoing evolution of the South America Softgel Capsule Market, where the focus on holistic health solutions positions the Application segment as a significant driver of growth and product development in the industry.

    Get more detailed insights about South America Softgel Capsule Market Research Report-Forecast to 2035

    Regional Insights

    The South America Softgel Capsule Market exhibits significant diversity across various countries, with Brazil, Mexico, Argentina, and the Rest of South America showcasing their unique market dynamics. Brazil holds a dominant position due to its robust pharmaceutical industry, driven by the country's large population and increasing health consciousness among consumers. Mexico follows closely, characterized by its growing demand for nutraceutical products, which is expected to enhance the Softgel Capsule Market presence.

    Argentina's market is bolstered by a rising trend in preventative healthcare, contributing to an uptick in the use of softgels for dietary supplements.Meanwhile, the Rest of South America presents opportunities through emerging economies that are gradually understanding the benefits of softgel capsules in general healthcare. The overall growth in the South America Softgel Capsule Market is supported by factors such as increasing healthcare spending, rising consumer awareness of health supplements, and a shift toward convenient dosage forms.

    Each country's specific needs and trends illustrate a broader regional movement toward alternative health solutions, thus shaping the South America Softgel Capsule Market industry landscape.

    South America Softgel Capsule Market Region

    Source: Primary Research, Secondary Research, Market Research Future Database and Analyst Review

    Key Players and Competitive Insights

    The South America Softgel Capsule Market is characterized by a dynamic competitive landscape influenced by an increasing demand for dietary supplements, pharmaceuticals, and nutraceuticals within the region. With the softgel format being favored for its beneficial properties such as easy swallowing and enhanced bioavailability, numerous players are entering the market or expanding their portfolios. These companies focus on innovation, product differentiation, and strategic partnerships to gain competitive advantages. The market is becoming increasingly consolidated, with established players leveraging their distribution networks and manufacturing capabilities to enhance their presence and capture a larger market share.

    Additionally, regulatory compliance and the ability to scale production effectively are key factors that dictate success in this sector, making it imperative for companies to maintain robust quality control mechanisms while also investing in research and development.Brenntag stands as one of the key players in the South America Softgel Capsule Market, showcasing a strong presence due to its extensive distribution network that reaches a variety of customers across the region. The company's strengths lie in its ability to provide tailored solutions and exceptional customer service, which helps in fostering long-term relationships with clients in the pharmaceutical and nutraceutical industries.

    Brenntag is known for its commitment to quality and compliance with local regulations, making it a preferred choice among manufacturers looking for reliable partners. The company continually invests in advancing its capabilities and enhancing its supply chain logistics, which enhances its competitive edge in the South American market.Alcami Corporation also plays a significant role in the South America Softgel Capsule Market by offering a wide range of services, including drug development and manufacturing solutions tailored for the pharmaceuticals and biotechnology sectors.

    Known for its focus on quality and innovation, Alcami has established a strong foothold in the region, providing both contract manufacturing and product development services. The company’s strengths include its state-of-the-art facilities and an experienced workforce committed to ensuring compliance with regulatory standards. Alcami has made strategic investments in its capabilities, which include expanding its service offerings through mergers and acquisitions in response to market trends. This proactive approach enables Alcami to stay competitive and meet the evolving needs of its clients in the South American softgel capsule sector.

    Key Companies in the South America Softgel Capsule Market market include

    Industry Developments

    In recent months, the South America Softgel Capsule Market has witnessed notable developments amid its growing demand. Key players such as Brenntag, Lonza, and Catalent are expanding their operations to cater to the burgeoning nutraceutical industry, particularly as Brazil and Argentina show increasing consumption of dietary supplements. Additionally, the market is seeing a shift towards collaborations and strategic partnerships to enhance product offerings and manufacturing capabilities. For instance, in September 2023, Alcami Corporation completed a merger with a local firm to bolster its presence in the region.

    This move aligns with the rising trend of local companies seeking alliances with established global entities like Pfizer and Kerry Group. The market is also experiencing significant valuation growth, driven by the rising popularity of softgel formulations for pharmaceuticals and vitamins. The 2022 launch of new softgel products by Bausch Health Companies aimed at addressing chronic health issues marked a notable event in the market. Current affairs indicate a strong focus on innovation and the sustainability of softgel manufacturing processes, reflecting a shifting consumer preference towards more eco-friendly options in Brazil and beyond.

    Market Segmentation

    Outlook

    • Brazil
    • Mexico
    • Argentina
    • Rest of South America

    Report Scope

    Report Attribute/Metric Source: Details
    MARKET SIZE 2023 375.0(USD Million)
    MARKET SIZE 2024 500.0(USD Million)
    MARKET SIZE 2035 900.0(USD Million)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 5.489% (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 Brenntag, Alcami Corporation, Licaps, Lonza, Kerry Group, BASF, Bausch Health Companies, SABIC, Gallery Pharmaceuticals, Catalent, Pfizer, Amgen, Cognis, Softgel Technologies, Bayer
    SEGMENTS COVERED Type, Application, Regional
    KEY MARKET OPPORTUNITIES Rising demand for dietary supplements, Growth in pharmaceutical applications, Increasing health consciousness among consumers, Expansion of e-commerce distribution channels, Innovative softgel formulations and technologies
    KEY MARKET DYNAMICS rising healthcare expenditure, increasing demand for dietary supplements, growing aging population, advancements in drug delivery systems, strong preference for plant-based products
    COUNTRIES COVERED Brazil, Mexico, Argentina, Rest of South America

    Market Highlights

    Author
    Rahul Gotadki
    Assistant Manager

    He holds an experience of about 7+ years in Market Research and Business Consulting, working under the spectrum of Life Sciences and Healthcare domains. Rahul conceptualizes and implements a scalable business strategy and provides strategic leadership to the clients. His expertise lies in market estimation, competitive intelligence, pipeline analysis, customer assessment, etc. In addition to the above, his other responsibility includes strategic tracking of high growth markets & advising clients on the potential areas of focus they could direct their business initiatives

    Leave a Comment

    FAQs

    What is the projected market size of the South America Softgel Capsule Market in 2024?

    The South America Softgel Capsule Market is expected to be valued at 500.0 million USD in 2024.

    What will the market size be in 2035?

    By 2035, the South America Softgel Capsule Market is anticipated to reach 900.0 million USD.

    What is the expected CAGR for the South America Softgel Capsule Market from 2025 to 2035?

    The expected CAGR for the South America Softgel Capsule Market from 2025 to 2035 is 5.489 %.

    Which region holds the largest market share in the South America Softgel Capsule Market?

    Brazil holds the largest market share, valued at 200.0 million USD in 2024 and expected to grow to 350.0 million USD by 2035.

    What is the market value for the Gelatin Type softgel capsules in 2024?

    The Gelatin Type softgel capsules market is valued at 300.0 million USD in 2024.

    How much is the Non-Animal Type softgel capsule market valued at in 2035?

    The Non-Animal Type softgel capsule market is projected to be valued at 360.0 million USD by 2035.

    Who are the key players in the South America Softgel Capsule Market?

    Major players include Brenntag, Alcami Corporation, Licaps, Lonza, and Kerry Group among others.

    What is the projected market value for Argentina in 2035?

    Argentina's market value is projected to reach 130.0 million USD by 2035.

    What is the estimated market size for the Rest of South America in 2024?

    The market size for the Rest of South America is estimated at 70.0 million USD in 2024.

    What growth opportunities exist in the South America Softgel Capsule Market?

    The market presents opportunities due to rising health awareness and demand for dietary supplements.

    1. EXECUTIVE SUMMARY
    2. Market Overview
    3. Key Findings
    4. Market Segmentation
    5. Competitive Landscape
    6. Challenges and Opportunities
    7. Future Outlook
    8. MARKET INTRODUCTION
    9. Definition
    10. Scope of the study
    11. Research Objective
    12. Assumption
    13. Limitations
    14. RESEARCH METHODOLOGY
    15. Overview
    16. Data Mining
    17. Secondary Research
    18. Primary Research
    19. Primary Interviews and Information Gathering Process
    20. Breakdown of Primary Respondents
    21. Forecasting Model
    22. Market Size Estimation
    23. Bottom-Up Approach
    24. Top-Down Approach
    25. Data Triangulation
    26. Validation
    27. MARKET DYNAMICS
    28. Overview
    29. Drivers
    30. Restraints
    31. Opportunities
    32. MARKET FACTOR ANALYSIS
    33. Value chain Analysis
    34. Porter's Five Forces Analysis
    35. Bargaining Power of Suppliers
    36. Bargaining Power of Buyers
    37. Threat of New Entrants
    38. Threat of Substitutes
    39. Intensity of Rivalry
    40. COVID-19 Impact Analysis
    41. Market Impact Analysis
    42. Regional Impact
    43. Opportunity and Threat Analysis
    44. South America Softgel Capsule Market, BY Type (USD Million)
    45. Gelatin Type
    46. Non-Animal Type
    47. South America Softgel Capsule Market, BY Application (USD Million)
    48. Vitamins
    49. Supplement
    50. Nutrition
    51. South America Softgel Capsule Market, BY Regional (USD Million)
    52. Brazil
    53. Mexico
    54. Argentina
    55. Rest of South America
    56. Competitive Landscape
    57. Overview
    58. Competitive Analysis
    59. Market share Analysis
    60. Major Growth Strategy in the Softgel Capsule Market
    61. Competitive Benchmarking
    62. Leading Players in Terms of Number of Developments in the Softgel Capsule Market
    63. Key developments and growth strategies
    64. New Product Launch/Service Deployment
    65. Merger & Acquisitions
    66. Joint Ventures
    67. Major Players Financial Matrix
    68. Sales and Operating Income
    69. Major Players R&D Expenditure. 2023
    70. Company Profiles
    71. Brenntag
    72. Financial Overview
    73. Products Offered
    74. Key Developments
    75. SWOT Analysis
    76. Key Strategies
    77. Alcami Corporation
    78. Financial Overview
    79. Products Offered
    80. Key Developments
    81. SWOT Analysis
    82. Key Strategies
    83. Licaps
    84. Financial Overview
    85. Products Offered
    86. Key Developments
    87. SWOT Analysis
    88. Key Strategies
    89. Lonza
    90. Financial Overview
    91. Products Offered
    92. Key Developments
    93. SWOT Analysis
    94. Key Strategies
    95. Kerry Group
    96. Financial Overview
    97. Products Offered
    98. Key Developments
    99. SWOT Analysis
    100. Key Strategies
    101. BASF
    102. Financial Overview
    103. Products Offered
    104. Key Developments
    105. SWOT Analysis
    106. Key Strategies
    107. Bausch Health Companies
    108. Financial Overview
    109. Products Offered
    110. Key Developments
    111. SWOT Analysis
    112. Key Strategies
    113. SABIC
    114. Financial Overview
    115. Products Offered
    116. Key Developments
    117. SWOT Analysis
    118. Key Strategies
    119. Gallery Pharmaceuticals
    120. Financial Overview
    121. Products Offered
    122. Key Developments
    123. SWOT Analysis
    124. Key Strategies
    125. Catalent
    126. Financial Overview
    127. Products Offered
    128. Key Developments
    129. SWOT Analysis
    130. Key Strategies
    131. Pfizer
    132. Financial Overview
    133. Products Offered
    134. Key Developments
    135. SWOT Analysis
    136. Key Strategies
    137. Amgen
    138. Financial Overview
    139. Products Offered
    140. Key Developments
    141. SWOT Analysis
    142. Key Strategies
    143. Cognis
    144. Financial Overview
    145. Products Offered
    146. Key Developments
    147. SWOT Analysis
    148. Key Strategies
    149. Softgel Technologies
    150. Financial Overview
    151. Products Offered
    152. Key Developments
    153. SWOT Analysis
    154. Key Strategies
    155. Bayer
    156. Financial Overview
    157. Products Offered
    158. Key Developments
    159. SWOT Analysis
    160. Key Strategies
    161. References
    162. Related Reports
    163. South America Softgel Capsule Market SIZE ESTIMATES & FORECAST, BY TYPE, 2019-2035 (USD Billions)
    164. South America Softgel Capsule Market SIZE ESTIMATES & FORECAST, BY APPLICATION, 2019-2035 (USD Billions)
    165. South America Softgel Capsule Market SIZE ESTIMATES & FORECAST, BY REGIONAL, 2019-2035 (USD Billions)
    166. PRODUCT LAUNCH/PRODUCT DEVELOPMENT/APPROVAL
    167. ACQUISITION/PARTNERSHIP
    168. MARKET SYNOPSIS
    169. SOUTH AMERICA SOFTGEL CAPSULE MARKET ANALYSIS BY TYPE
    170. SOUTH AMERICA SOFTGEL CAPSULE MARKET ANALYSIS BY APPLICATION
    171. SOUTH AMERICA SOFTGEL CAPSULE MARKET ANALYSIS BY REGIONAL
    172. KEY BUYING CRITERIA OF SOFTGEL CAPSULE MARKET
    173. RESEARCH PROCESS OF MRFR
    174. DRO ANALYSIS OF SOFTGEL CAPSULE MARKET
    175. DRIVERS IMPACT ANALYSIS: SOFTGEL CAPSULE MARKET
    176. RESTRAINTS IMPACT ANALYSIS: SOFTGEL CAPSULE MARKET
    177. SUPPLY / VALUE CHAIN: SOFTGEL CAPSULE MARKET
    178. SOFTGEL CAPSULE MARKET, BY TYPE, 2025 (% SHARE)
    179. SOFTGEL CAPSULE MARKET, BY TYPE, 2019 TO 2035 (USD Billions)
    180. SOFTGEL CAPSULE MARKET, BY APPLICATION, 2025 (% SHARE)
    181. SOFTGEL CAPSULE MARKET, BY APPLICATION, 2019 TO 2035 (USD Billions)
    182. SOFTGEL CAPSULE MARKET, BY REGIONAL, 2025 (% SHARE)
    183. SOFTGEL CAPSULE MARKET, BY REGIONAL, 2019 TO 2035 (USD Billions)
    184. BENCHMARKING OF MAJOR COMPETITORS

    South America Softgel Capsule Market Segmentation

    • Softgel Capsule Market By Type (USD Million, 2019-2035)

      • Gelatin Type
      • Non-Animal Type

     

    • Softgel Capsule Market By Application (USD Million, 2019-2035)

      • Vitamins
      • Supplement
      • Nutrition

     

    • Softgel Capsule Market By Regional (USD Million, 2019-2035)

      • Brazil
      • Mexico
      • Argentina
      • Rest of South America

     

    Softgel Capsule Market Regional Outlook (USD Million, 2019-2035)

     

     

    • South America Outlook (USD Million, 2019-2035)

      • South America Softgel Capsule Market by Type

        • Gelatin Type
        • Non-Animal Type
      • South America Softgel Capsule Market by Application Type

        • Vitamins
        • Supplement
        • Nutrition
      • South America Softgel Capsule Market by Regional Type

        • Brazil
        • Mexico
        • Argentina
        • Rest of South America
      • BRAZIL Outlook (USD Million, 2019-2035)
      • BRAZIL Softgel Capsule Market by Type

        • Gelatin Type
        • Non-Animal Type
      • BRAZIL Softgel Capsule Market by Application Type

        • Vitamins
        • Supplement
        • Nutrition
      • MEXICO Outlook (USD Million, 2019-2035)
      • MEXICO Softgel Capsule Market by Type

        • Gelatin Type
        • Non-Animal Type
      • MEXICO Softgel Capsule Market by Application Type

        • Vitamins
        • Supplement
        • Nutrition
      • ARGENTINA Outlook (USD Million, 2019-2035)
      • ARGENTINA Softgel Capsule Market by Type

        • Gelatin Type
        • Non-Animal Type
      • ARGENTINA Softgel Capsule Market by Application Type

        • Vitamins
        • Supplement
        • Nutrition
      • REST OF SOUTH AMERICA Outlook (USD Million, 2019-2035)
      • REST OF SOUTH AMERICA Softgel Capsule Market by Type

        • Gelatin Type
        • Non-Animal Type
      • REST OF SOUTH AMERICA Softgel Capsule Market by Application Type

        • Vitamins
        • Supplement
        • Nutrition
    Report Infographic
    Free Sample Request

    Kindly complete the form below to receive a free sample of this Report

    Customer Strories

    “I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.”

    Victoria Milne Founder
    Case Study

    Chemicals and Materials