The vegetarian capsules market size has grown rapidly in recent years. It will grow from $1.57 billion in 2024 to $1.76 billion in 2025 at a compound annual growth rate (CAGR) of 12.3%. Factors contributing to this historical growth include increasing awareness regarding health and wellness, heightened concerns over synthetic ingredients and gelatin-based capsules, expansion of the vegetarian and vegan population, rising demand for natural and plant-based supplement options, and supportive regulations and labeling initiatives for vegetarian products.
The vegetarian capsules market size is expected to see rapid growth in the next few years. It will grow to $2.76 billion in 2029 at a compound annual growth rate (CAGR) of 11.9%. Key drivers of this projected growth include growing adoption of environmentally friendly and sustainable packaging solutions, rising development in the nutraceutical and functional food sectors, increased interest in personalized nutrition among consumers, and expanding access through various sales channels. Notable trends anticipated during this period involve a shift toward clean-label and plant-based solutions, innovations in plant extraction methods, broader acceptance of vegan and vegetarian lifestyles, increased emphasis on environmental sustainability, and the merging of digital health technologies with customized supplementation.
The increasing adoption of vegan lifestyles is expected to propel the growth of the vegetarian capsules market going forward. A vegan lifestyle excludes all animal-based products, emphasizing plant-based foods and ethical, cruelty-free choices for health and environmental benefits. The rise in vegan lifestyles is due to growing concern for animal rights, with more people choosing to avoid animal products to prevent harm. Vegetarian capsules offer a plant-based substitute for gelatin capsules, aligning with vegan dietary and ethical standards. They enable vegans to take supplements without using animal-derived ingredients. For instance, in January 2024, according to Finder, a US-based personal finance comparison site, approximately 2.5 million individuals in the UK are vegan, making up 4.7% of the population, up from 1.4 million vegans (2.5%) in 2023. Therefore, the increasing adoption of vegan lifestyles is driving the growth of the vegetarian capsules market.
Major companies operating in the vegetarian capsules market are focusing on developing advanced products, such as plant-based polymer capsules, to meet the growing demand for clean-label, vegan-friendly supplements. Plant-based polymer capsules are made from natural, animal-free materials such as cellulose or starch, offering a biodegradable and vegan-friendly alternative to traditional gelatin capsules. For instance, in February 2025, ACG Capsules, an India-based pharmaceutical company, introduced the world’s first fully vegan printed capsules. These capsules are made from hydroxypropyl methylcellulose (HPMC) and are certified by Vegan Action and The Vegetarian Society, ensuring that the capsule shell and the printing process are entirely free from animal-derived ingredients. This innovation addresses the growing demand for sustainable, cruelty-free, and transparent options in pharmaceuticals and nutraceuticals, offering brands the ability to customize their messaging with vegan-compliant inks in green, black, or brown colors, and marking a significant advancement in ethical and eco-conscious healthcare solutions.
In March 2023, Vantage Nutrition LLC, an India-based pharmaceutical company, acquired ComboCap and BioCap for an undisclosed amount. This acquisition aims to strengthen Vantage Nutrition’s global leadership by securing exclusive rights to ComboCap’s patented Sidebyside capsule technology, enabling simultaneous delivery of wet and dry ingredients in one capsule. ComboCap is a US-based pharmaceutical and nutraceutical company. BioCap is a South Africa-based manufacturer of vegetable capsules.
Major players in the vegetarian capsules market are Lonza Group, ACG Worldwide, SIRIO Pharma Co. Ltd., Robinson Pharma Inc., Hunan Er-Kang Pharmaceutical Co. Ltd., Procaps Laboratories, Qualicaps Inc., HealthCaps India Ltd., Zhejiang Yuexi Capsule Co. Ltd., Farmacapsulas S.A., CapsCanada Corporation, Natural Capsules Limited, Bahrain Pharma, Sunil Healthcare Limited, Bright Pharma Caps, PATCO EXPORTS PVT. LTD, Horbaach, Shaoxing Kangke Capsule Co. Ltd., Dah Feng Capsule Co. Ltd., Anhui Huangshan Capsule Co. Ltd.
North America was the largest region in the vegetarian capsules market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in vegetarian capsules report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the vegetarian capsules market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Vegetarian capsules serve as plant-based alternatives to traditional gelatin capsules and are typically formulated using hydroxypropyl methylcellulose (HPMC) or pullulan. These capsules are designed to encase powders, liquids, or granules in dietary supplements and pharmaceutical applications. Being free from animal-derived ingredients, they are ideal for vegetarians, vegans, and individuals with dietary restrictions or religious limitations. They are tasteless and odorless, and they dissolve efficiently in the stomach, enabling optimal release of the active ingredients.
The primary product variants of vegetarian capsules include hydroxypropyl methylcellulose and pullulan. HPMC capsules, derived from plant cellulose, are flavorless, odorless, and resistant to heat and moisture. They dissolve rapidly within the stomach, making them well-suited for use in pharmaceutical and nutraceutical products tailored for vegans, vegetarians, and those with specific dietary needs. These capsules may contain various ingredients such as plant-based extracts, herbal substances, vitamins and minerals, amino acids, and probiotics. They are available in multiple formats, including hard-shell, soft-gel, liquid-filled, and delayed-release capsules. Distribution is carried out through several channels, including online platforms, pharmacies, health food retailers, and supermarkets, catering to applications in dietary supplements, pharmaceutical products, nutraceuticals, and functional foods and beverages.
The vegetarian capsules market research report is one of a series of new reports that provides vegetarian capsules market statistics, including the vegetarian capsules industry global market size, regional shares, competitors with the vegetarian capsules market share, detailed vegetarian capsules market segments, market trends, opportunities, and any further data you may need to thrive in the vegetarian capsules industry. This vegetarian capsules market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The vegetarian capsules market consists of sales of hydroxypropyl methylcellulose (HPMC) capsules, pullulan capsules, starch-based capsules, pectin capsules, and agar capsules. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The vegetarian capsules market size is expected to see rapid growth in the next few years. It will grow to $2.76 billion in 2029 at a compound annual growth rate (CAGR) of 11.9%. Key drivers of this projected growth include growing adoption of environmentally friendly and sustainable packaging solutions, rising development in the nutraceutical and functional food sectors, increased interest in personalized nutrition among consumers, and expanding access through various sales channels. Notable trends anticipated during this period involve a shift toward clean-label and plant-based solutions, innovations in plant extraction methods, broader acceptance of vegan and vegetarian lifestyles, increased emphasis on environmental sustainability, and the merging of digital health technologies with customized supplementation.
The increasing adoption of vegan lifestyles is expected to propel the growth of the vegetarian capsules market going forward. A vegan lifestyle excludes all animal-based products, emphasizing plant-based foods and ethical, cruelty-free choices for health and environmental benefits. The rise in vegan lifestyles is due to growing concern for animal rights, with more people choosing to avoid animal products to prevent harm. Vegetarian capsules offer a plant-based substitute for gelatin capsules, aligning with vegan dietary and ethical standards. They enable vegans to take supplements without using animal-derived ingredients. For instance, in January 2024, according to Finder, a US-based personal finance comparison site, approximately 2.5 million individuals in the UK are vegan, making up 4.7% of the population, up from 1.4 million vegans (2.5%) in 2023. Therefore, the increasing adoption of vegan lifestyles is driving the growth of the vegetarian capsules market.
Major companies operating in the vegetarian capsules market are focusing on developing advanced products, such as plant-based polymer capsules, to meet the growing demand for clean-label, vegan-friendly supplements. Plant-based polymer capsules are made from natural, animal-free materials such as cellulose or starch, offering a biodegradable and vegan-friendly alternative to traditional gelatin capsules. For instance, in February 2025, ACG Capsules, an India-based pharmaceutical company, introduced the world’s first fully vegan printed capsules. These capsules are made from hydroxypropyl methylcellulose (HPMC) and are certified by Vegan Action and The Vegetarian Society, ensuring that the capsule shell and the printing process are entirely free from animal-derived ingredients. This innovation addresses the growing demand for sustainable, cruelty-free, and transparent options in pharmaceuticals and nutraceuticals, offering brands the ability to customize their messaging with vegan-compliant inks in green, black, or brown colors, and marking a significant advancement in ethical and eco-conscious healthcare solutions.
In March 2023, Vantage Nutrition LLC, an India-based pharmaceutical company, acquired ComboCap and BioCap for an undisclosed amount. This acquisition aims to strengthen Vantage Nutrition’s global leadership by securing exclusive rights to ComboCap’s patented Sidebyside capsule technology, enabling simultaneous delivery of wet and dry ingredients in one capsule. ComboCap is a US-based pharmaceutical and nutraceutical company. BioCap is a South Africa-based manufacturer of vegetable capsules.
Major players in the vegetarian capsules market are Lonza Group, ACG Worldwide, SIRIO Pharma Co. Ltd., Robinson Pharma Inc., Hunan Er-Kang Pharmaceutical Co. Ltd., Procaps Laboratories, Qualicaps Inc., HealthCaps India Ltd., Zhejiang Yuexi Capsule Co. Ltd., Farmacapsulas S.A., CapsCanada Corporation, Natural Capsules Limited, Bahrain Pharma, Sunil Healthcare Limited, Bright Pharma Caps, PATCO EXPORTS PVT. LTD, Horbaach, Shaoxing Kangke Capsule Co. Ltd., Dah Feng Capsule Co. Ltd., Anhui Huangshan Capsule Co. Ltd.
North America was the largest region in the vegetarian capsules market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in vegetarian capsules report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the vegetarian capsules market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Vegetarian capsules serve as plant-based alternatives to traditional gelatin capsules and are typically formulated using hydroxypropyl methylcellulose (HPMC) or pullulan. These capsules are designed to encase powders, liquids, or granules in dietary supplements and pharmaceutical applications. Being free from animal-derived ingredients, they are ideal for vegetarians, vegans, and individuals with dietary restrictions or religious limitations. They are tasteless and odorless, and they dissolve efficiently in the stomach, enabling optimal release of the active ingredients.
The primary product variants of vegetarian capsules include hydroxypropyl methylcellulose and pullulan. HPMC capsules, derived from plant cellulose, are flavorless, odorless, and resistant to heat and moisture. They dissolve rapidly within the stomach, making them well-suited for use in pharmaceutical and nutraceutical products tailored for vegans, vegetarians, and those with specific dietary needs. These capsules may contain various ingredients such as plant-based extracts, herbal substances, vitamins and minerals, amino acids, and probiotics. They are available in multiple formats, including hard-shell, soft-gel, liquid-filled, and delayed-release capsules. Distribution is carried out through several channels, including online platforms, pharmacies, health food retailers, and supermarkets, catering to applications in dietary supplements, pharmaceutical products, nutraceuticals, and functional foods and beverages.
The vegetarian capsules market research report is one of a series of new reports that provides vegetarian capsules market statistics, including the vegetarian capsules industry global market size, regional shares, competitors with the vegetarian capsules market share, detailed vegetarian capsules market segments, market trends, opportunities, and any further data you may need to thrive in the vegetarian capsules industry. This vegetarian capsules market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The vegetarian capsules market consists of sales of hydroxypropyl methylcellulose (HPMC) capsules, pullulan capsules, starch-based capsules, pectin capsules, and agar capsules. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Vegetarian Capsules Market Characteristics3. Vegetarian Capsules Market Trends And Strategies4. Vegetarian Capsules Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Trade Wars and Tariffs, And Covid And Recovery On The Market32. Global Vegetarian Capsules Market Competitive Benchmarking And Dashboard33. Key Mergers And Acquisitions In The Vegetarian Capsules Market34. Recent Developments In The Vegetarian Capsules Market
5. Global Vegetarian Capsules Growth Analysis And Strategic Analysis Framework
6. Vegetarian Capsules Market Segmentation
7. Vegetarian Capsules Market Regional And Country Analysis
8. Asia-Pacific Vegetarian Capsules Market
9. China Vegetarian Capsules Market
10. India Vegetarian Capsules Market
11. Japan Vegetarian Capsules Market
12. Australia Vegetarian Capsules Market
13. Indonesia Vegetarian Capsules Market
14. South Korea Vegetarian Capsules Market
15. Western Europe Vegetarian Capsules Market
16. UK Vegetarian Capsules Market
17. Germany Vegetarian Capsules Market
18. France Vegetarian Capsules Market
19. Italy Vegetarian Capsules Market
20. Spain Vegetarian Capsules Market
21. Eastern Europe Vegetarian Capsules Market
22. Russia Vegetarian Capsules Market
23. North America Vegetarian Capsules Market
24. USA Vegetarian Capsules Market
25. Canada Vegetarian Capsules Market
26. South America Vegetarian Capsules Market
27. Brazil Vegetarian Capsules Market
28. Middle East Vegetarian Capsules Market
29. Africa Vegetarian Capsules Market
30. Vegetarian Capsules Market Competitive Landscape And Company Profiles
31. Vegetarian Capsules Market Other Major And Innovative Companies
35. Vegetarian Capsules Market High Potential Countries, Segments and Strategies
36. Appendix
Executive Summary
Vegetarian Capsules Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on vegetarian capsules market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for vegetarian capsules ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The vegetarian capsules market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Product: Hydroxypropyl Methyl Cellulose; Pullulan2) By Ingredient Type: Plant-Based Extracts; Herbal Ingredients; Vitamins And Minerals; Amino Acids; Probiotics
3) By Capsule Type: Hard Shell Capsules; Soft Gel Capsules; Liquid-Filled Capsules; Delayed-Release Capsules
4) By Distribution Channel: Online Retail; Pharmacies And Drugstores; Health Food Stores; Supermarkets And Hypermarkets
5) By Application: Dietary Supplements; Pharmaceuticals; Nutraceuticals; Functional Foods And Beverages
Subsegments:
1) By Hydroxypropyl Methyl Cellulose (HPMC): Hydroxypropyl Methyl Cellulose (HPMC) With Gelling Agent; Hydroxypropyl Methyl Cellulose (HPMC) Without Gelling Agent; Delayed-Release Hydroxypropyl Methyl Cellulose (HPMC) Capsules; Acid-Resistant Hydroxypropyl Methyl Cellulose (HPMC) Capsules; Hydroxypropyl Methyl Cellulose (HPMC) Capsules For Nutraceutical Applications; Hydroxypropyl Methyl Cellulose (HPMC) Capsules For Pharmaceutical Applications2) By Pullulan: Pullulan Capsules With Plant-Based Plasticizers; Starch-Free Pullulan Capsules; Acid-Resistant Pullulan Capsules; Pullulan Capsules For Clean Label Products; Pullulan Capsules For Moisture-Sensitive Formulations; Pullulan Capsules For Probiotic Delivery
Key Companies Profiled: Lonza Group; ACG Worldwide; SIRIO Pharma Co. Ltd.; Robinson Pharma Inc.; Hunan Er-Kang Pharmaceutical Co. Ltd.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- Lonza Group
- ACG Worldwide
- SIRIO Pharma Co. Ltd.
- Robinson Pharma Inc.
- Hunan Er-Kang Pharmaceutical Co. Ltd.
- Procaps Laboratories
- Qualicaps Inc.
- HealthCaps India Ltd.
- Zhejiang Yuexi Capsule Co. Ltd.
- Farmacapsulas S.A.
- CapsCanada Corporation
- Natural Capsules Limited
- Bahrain Pharma
- Sunil Healthcare Limited
- Bright Pharma Caps
- PATCO EXPORTS PVT. LTD
- Horbaach
- Shaoxing Kangke Capsule Co. Ltd.
- Dah Feng Capsule Co. Ltd.
- Anhui Huangshan Capsule Co. Ltd.