As of 2024, the global Softgel Manufacturing Equipment market was valued at approximately US$ 85.90 million. With a forecasted Compound Annual Growth Rate (CAGR) of 6.6% during 2025-2031, the market is expected to reach US$ 129.30 million by 2031. This growth reflects increasing global demand for softgel products in health supplements, pharmaceuticals, and cosmetic applications. Rising health consciousness, demand for dietary supplements, and pharmaceutical advancements have significantly contributed to market expansion. Furthermore, the growth in contract manufacturing and technological innovations in encapsulation processes are pivotal in boosting market size and demand.
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