The softgel capsules market in Thailand is expected to reach a projected revenue of US$ 59.9 million by 2033. A compound annual growth rate of 6.79% is expected of Thailand softgel capsules market from 2026 to 2033.
The Thailand softgel capsules market generated a revenue of USD 35.7 million in 2025 and is expected to reach USD 59.9 million by 2033.
The Thailand market is expected to grow at a CAGR of 6.79% from 2026 to 2033.
In terms of segment, gelatin-based/animal-based was the largest revenue generating type in 2025.
Non-Animal-Based is the most lucrative type segment registering the fastest growth during the forecast period.
Softgel capsules market data book summary
Market revenue in 2025
USD 35.7 million
Market revenue in 2033
USD 59.9 million
Growth rate
6.79% (CAGR from 2026 to 2033)
Largest segment
Gelatin-based/animal-based
Fastest growing segment
Non-Animal-Based
Historical data
2021 - 2024
Base year
2025
Forecast period
2026 - 2033
Quantitative units
Revenue in USD million
Market segmentation
Gelatin-Based/Animal-Based, Non-Animal-Based
Key market players worldwide
Thermo Fisher Scientific Inc, EyePoint Pharmaceuticals Inc, Catalent Inc, Kuehne + Nagel International AG, Lonza Group Ltd, Procaps Group SA, Soft Gel Technologies, EuroCaps, Captek Softgel International, Sirio Pharma, Fuji Capsule
Other key industry trends
In terms of revenue, Thailand accounted for 0.4% of the global softgel capsules market in 2025.
Country-wise, U.S. is expected to lead the global market in terms of revenue in 2033.
In Asia Pacific, China softgel capsules market is projected to lead the regional market in terms of revenue in 2033.
India is the fastest growing regional market in Asia Pacific and is projected to reach USD 155.6 million by 2033.
The softgel capsules market in Thailand held a market share of 8.72% in 2021. This can be attributed to huge demand for medical tourism, increase in patient population, and rise in government healthcare funding. Thailand is known for medical tourism as the cost of treatment in the country is almost a tenth of their prices in expensive countries like the U.S., the UK, and Australia.
The country is also home to many internationally accredited hospitals, which uses the latest technologies and provides high-quality care to its patients. In addition, the soft gel capsules market in the country is likely to continue to hold dominant market share during the forecast period owing to growing consumption of dietary supplements.
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Softgel Capsules Market Outlook will help companies and investors design strategic landscapes.
Gelatin-Based/Animal-Based was the largest segment with a revenue share of 87.11% in 2025.
Horizon Databook has segmented the Thailand softgel capsules market based on gelatin-based/animal-based, non-animal-based covering the revenue growth of each sub-segment from 2021 to 2033.
The softgel capsules market in Thailand held a market share of 8.72% in 2021. This can be attributed to huge demand for medical tourism, increase in patient population, and rise in government healthcare funding. Thailand is known for medical tourism as the cost of treatment in the country is almost a tenth of their prices in expensive countries like the U.S., the UK, and Australia.
The country is also home to many internationally accredited hospitals, which uses the latest technologies and provides high-quality care to its patients. In addition, the soft gel capsules market in the country is likely to continue to hold dominant market share during the forecast period owing to growing consumption of dietary supplements.
Thailand Softgel Capsules Market Type Outlook (Revenue, USD Million , 2021-2033)
Gelatin-Based/Animal-Based
Non-Animal-Based
Thailand Softgel Capsules Market Application Outlook (Revenue, USD Million , 2021-2033)
Antacid and Anti-Flatulent Preparation
Anti-Anemic Preparations
Anti-Inflammatory Drugs
Antibiotic and Antibacterial Drugs
Cough and Cold Preparations
Health Supplement
Vitamin and Dietary Supplement
Pregnancy
Thailand Softgel Capsules Market End Use Outlook (Revenue, USD Million , 2021-2033)
Pharmaceutical Companies
Nutraceutical Companies
Cosmeceutical Companies
Contract Manufacturing Organization
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Horizon Databook provides a detailed overview of country-level data and insights on the Thailand Softgel Capsules Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Thailand Softgel Capsules Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.