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    South Korea Softgel Capsule Market

    ID: MRFR/Pharma/47924-HCR
    200 Pages
    Rahul Gotadki
    September 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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    Table of Contents

    South Korea Softgel Capsule Market Summary

    The South Korea Softgel Capsule market is projected to grow significantly from 240 USD Million in 2024 to 540 USD Million by 2035.

    Key Market Trends & Highlights

    South Korea Softgel Capsule Key Trends and Highlights

    • The market is expected to experience a compound annual growth rate (CAGR) of 7.65% from 2025 to 2035.
    • By 2035, the market valuation is anticipated to reach 540 USD Million, indicating robust growth potential.
    • In 2024, the market is valued at 240 USD Million, reflecting a solid foundation for future expansion.
    • Growing adoption of softgel capsules due to their enhanced bioavailability is a major market driver.

    Market Size & Forecast

    2024 Market Size 240 (USD Million)
    2035 Market Size 540 (USD Million)
    CAGR (2025-2035) 7.65%

    Major Players

    FONTAINE, Kerry Group, ABH Pharma, Jamieson Laboratories, Boehringer Ingelheim, Nutraceutical Corporation, Tishcon Corporation, Capsugel, Hugel, Amway, Now Foods, Natrol, Elysium Health, GSK, Sundown Naturals

    South Korea Softgel Capsule Market Trends

    Consumer preferences and health demands are the primary factors driving notable trends in the South Korea Softgel Capsule Market. The market is substantially impacted by the growing emphasis on dietary supplements and nutraceuticals in South Korea, as consumers become more health-conscious.

    This transition to preventive healthcare promotes softgel capsule consumption. It provides convenient dosage forms and improved bioavailability of active constituents. Furthermore, increasing demand for vegan and vegetarian softgel alternatives is consistent with the urban population's interest in clean-label products.

    The aging population in South Korea also presents unique opportunities for companies to develop softgel products specifically designed for seniors. These address age-related health issues such as cognitive function and joint health. The recent period has witnessed a significant increase in e-commerce and online pharmacy channels.

    This results from the growing trend toward digital platforms for healthcare product purchases. Consumer predilection for online shopping convenience and pandemic effects have greatly accelerated this trend. Additionally, collaboration with local health experts and influencers improves brand visibility and trust.

    This is proving effective in reaching the target demographic. In general, the South Korea Softgel Capsule Market is undergoing transformation, with a particular emphasis on sustainability, convenience, and health. This evolution is influencing the future of dietary supplement consumption in the region.

    South Korea Softgel Capsule Market Drivers

    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 Research Report-Forecast to 2035

    Regional Insights

    Key Players and Competitive Insights

    The South Korea Softgel Capsule Market is characterized by its diverse array of products. These target various health sectors, including dietary supplements, pharmaceuticals, and functional foods. Competition in this market is driven by both domestic manufacturers and international players.

    They aim to take advantage of the country's growing emphasis on health and wellness. Increasing consumer awareness about softgel capsule benefits, coupled with demand for convenient and easy-to-consume dosage forms, has led several companies to innovate. They also invest in advanced production technologies.

    As a result, the market has witnessed considerable growth, leading to a competitive landscape. Here, quality, brand reputation, and product range have become key differentiating factors. FONTAINE has established a robust presence through its focus on high-quality production and innovative formulations.

    The company has leveraged its technological capabilities to develop softgel products. These cater to both local preferences and international standards. FONTAINE's strength lies in its ability to provide customized solutions for various health needs. This has resonated well with consumers and healthcare providers.

    This adaptability has enabled FONTAINE to stand out in a saturated market, as the company aligns its offerings with the evolving trends of the South Korean health and wellness industry. The company's commitment to research and development ensures it remains at the forefront of product innovation.

    This allows for consistent introduction of new and effective softgel formulations. Kerry Group has also made significant inroads. They bring a vast portfolio of key products and services that cater to diverse consumer demands. Known for its commitment to quality and sustainability.

    Kerry Group provides a range of softgel capsules, including dietary supplements and functional ingredients designed to enhance health. The company’s strengths lie in its comprehensive supply chain and deep understanding of local consumer behavior. Kerry Group’s focus on continuous improvement and innovation enables them to respond effectively to market needs.

    This ensures that their products not only meet quality standards but also appeal to health-conscious consumers. Furthermore, strategic mergers and acquisitions within the region have bolstered Kerry Group's market presence. This allows them to integrate advanced technologies and expand their product offerings.

    This enhances their competitiveness within the South Korean market.

    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.

    Market Segmentation

    Softgel Capsule Market Type Outlook

    • Gelatin Type
    • Non-Animal Type

    Softgel Capsule Market Application Outlook

    • Vitamins
    • Supplement
    • Nutrition

    Report Scope

     
    Report Attribute/Metric Source: Details
    MARKET SIZE 2023 225.0(USD Million)
    MARKET SIZE 2024 240.0(USD Million)
    MARKET SIZE 2035 540.0(USD Million)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 7.651% (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 FONTAINE, Kerry Group, ABH Pharma, Jamieson Laboratories, Boehringer Ingelheim, Nutraceutical Corporation, Tishcon Corporation, Capsugel, Hugel, Amway, Now Foods, Natrol, Elysium Health, GSK, Sundown Naturals
    SEGMENTS COVERED Type, Application
    KEY MARKET OPPORTUNITIES Rising demand for dietary supplements, Growth in herbal softgel products, Expansion of innovative formulations, Increasing consumer health awareness, Rising demand in pharmaceuticals
    KEY MARKET DYNAMICS rising health awareness, increasing vitamin consumption, growing demand for dietary supplements, expanding geriatric population, advancements in capsule technology
    COUNTRIES COVERED South Korea

    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

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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.

    1. EXECUTIVE
    2. SUMMARY
    3. Market Overview
    4. Key Findings
    5. Market Segmentation
    6. Competitive Landscape
    7. Challenges and Opportunities
    8. Future Outlook
    9. MARKET INTRODUCTION
    10. Definition
    11. Scope of the study
    12. Research Objective
    13. Assumption
    14. Limitations
    15. RESEARCH
    16. METHODOLOGY
    17. Overview
    18. Data
    19. Mining
    20. Secondary Research
    21. Primary
    22. Research
    23. Primary Interviews and Information Gathering
    24. Process
    25. Breakdown of Primary Respondents
    26. Forecasting
    27. Model
    28. Market Size Estimation
    29. Bottom-Up
    30. Approach
    31. Top-Down Approach
    32. Data
    33. Triangulation
    34. Validation
    35. MARKET
    36. DYNAMICS
    37. Overview
    38. Drivers
    39. Restraints
    40. Opportunities
    41. MARKET FACTOR ANALYSIS
    42. Value chain Analysis
    43. Porter's
    44. Five Forces Analysis
    45. Bargaining Power of Suppliers
    46. Bargaining
    47. Power of Buyers
    48. Threat of New Entrants
    49. Threat
    50. of Substitutes
    51. Intensity of Rivalry
    52. COVID-19
    53. Impact Analysis
    54. Market Impact Analysis
    55. Regional
    56. Impact
    57. Opportunity and Threat Analysis
    58. South
    59. Korea Softgel Capsule Market, BY Type (USD Million)
    60. Gelatin
    61. Type
    62. Non-Animal Type
    63. South
    64. Korea Softgel Capsule Market, BY Application (USD Million)
    65. Vitamins
    66. Supplement
    67. Nutrition
    68. Competitive Landscape
    69. Overview
    70. Competitive
    71. Analysis
    72. Market share Analysis
    73. Major
    74. Growth Strategy in the Softgel Capsule Market
    75. Competitive
    76. Benchmarking
    77. Leading Players in Terms of Number of Developments
    78. in the Softgel Capsule Market
    79. Key developments and growth
    80. strategies
    81. New Product Launch/Service Deployment
    82. Merger
    83. & Acquisitions
    84. Joint Ventures
    85. Major
    86. Players Financial Matrix
    87. Sales and Operating Income
    88. Major
    89. Players R&D Expenditure. 2023
    90. Company
    91. Profiles
    92. FONTAINE
    93. Financial
    94. Overview
    95. Products Offered
    96. Key
    97. Developments
    98. SWOT Analysis
    99. Key
    100. Strategies
    101. Kerry Group
    102. Financial
    103. Overview
    104. Products Offered
    105. Key
    106. Developments
    107. SWOT Analysis
    108. Key
    109. Strategies
    110. ABH Pharma
    111. Financial
    112. Overview
    113. Products Offered
    114. Key
    115. Developments
    116. SWOT Analysis
    117. Key
    118. Strategies
    119. Jamieson Laboratories
    120. Financial
    121. Overview
    122. Products Offered
    123. Key
    124. Developments
    125. SWOT Analysis
    126. Key
    127. Strategies
    128. Boehringer Ingelheim
    129. Financial
    130. Overview
    131. Products Offered
    132. Key
    133. Developments
    134. SWOT Analysis
    135. Key
    136. Strategies
    137. Nutraceutical Corporation
    138. Financial
    139. Overview
    140. Products Offered
    141. Key
    142. Developments
    143. SWOT Analysis
    144. Key
    145. Strategies
    146. Tishcon Corporation
    147. Financial
    148. Overview
    149. Products Offered
    150. Key
    151. Developments
    152. SWOT Analysis
    153. Key
    154. Strategies
    155. Capsugel
    156. Financial
    157. Overview
    158. Products Offered
    159. Key
    160. Developments
    161. SWOT Analysis
    162. Key
    163. Strategies
    164. Hugel
    165. Financial
    166. Overview
    167. Products Offered
    168. Key
    169. Developments
    170. SWOT Analysis
    171. Key
    172. Strategies
    173. Amway
    174. Financial
    175. Overview
    176. Products Offered
    177. Key
    178. Developments
    179. SWOT Analysis
    180. Key
    181. Strategies
    182. Now Foods
    183. Financial
    184. Overview
    185. Products Offered
    186. Key
    187. Developments
    188. SWOT Analysis
    189. Key
    190. Strategies
    191. Natrol
    192. Financial
    193. Overview
    194. Products Offered
    195. Key
    196. Developments
    197. SWOT Analysis
    198. Key
    199. Strategies
    200. Elysium Health
    201. Financial
    202. Overview
    203. Products Offered
    204. Key
    205. Developments
    206. SWOT Analysis
    207. Key
    208. Strategies
    209. GSK
    210. Financial
    211. Overview
    212. Products Offered
    213. Key
    214. Developments
    215. SWOT Analysis
    216. Key
    217. Strategies
    218. Sundown Naturals
    219. Financial
    220. Overview
    221. Products Offered
    222. Key
    223. Developments
    224. SWOT Analysis
    225. Key
    226. Strategies
    227. References
    228. Related
    229. Reports
    230. LIST
    231. OF ASSUMPTIONS
    232. South Korea Softgel Capsule Market SIZE
    233. ESTIMATES & FORECAST, BY TYPE, 2019-2035 (USD Billions)
    234. South
    235. Korea Softgel Capsule Market SIZE ESTIMATES & FORECAST, BY APPLICATION, 2019-2035
    236. (USD Billions)
    237. PRODUCT LAUNCH/PRODUCT DEVELOPMENT/APPROVAL
    238. ACQUISITION/PARTNERSHIP
    239. LIST
    240. Of figures
    241. MARKET SYNOPSIS
    242. SOUTH
    243. KOREA SOFTGEL CAPSULE MARKET ANALYSIS BY TYPE
    244. SOUTH KOREA
    245. SOFTGEL CAPSULE MARKET ANALYSIS BY APPLICATION
    246. KEY BUYING
    247. CRITERIA OF SOFTGEL CAPSULE MARKET
    248. RESEARCH PROCESS OF
    249. MRFR
    250. DRO ANALYSIS OF SOFTGEL CAPSULE MARKET
    251. DRIVERS
    252. IMPACT ANALYSIS: SOFTGEL CAPSULE MARKET
    253. RESTRAINTS IMPACT
    254. ANALYSIS: SOFTGEL CAPSULE MARKET
    255. SUPPLY / VALUE CHAIN:
    256. SOFTGEL CAPSULE MARKET
    257. SOFTGEL CAPSULE MARKET, BY TYPE,
    258. (% SHARE)
    259. SOFTGEL CAPSULE MARKET, BY TYPE, 2019
    260. TO 2035 (USD Billions)
    261. SOFTGEL CAPSULE MARKET, BY APPLICATION,
    262. (% SHARE)
    263. SOFTGEL CAPSULE MARKET, BY APPLICATION,
    264. TO 2035 (USD Billions)
    265. BENCHMARKING OF MAJOR COMPETITORS

    South Korea 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
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    Customer Strories

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