Global Microencapsulation Market Overview
Microencapsulation is a process in which tiny particles or droplets are surrounded by a coating to give small capsules, with useful properties. In general, it is used to incorporate food ingredients, enzymes, cells or other materials on a micro metric scale. It can also be used to enclose solids, liquids, or gases inside a micrometric wall made of hard or soft soluble film, in order to reduce dosing frequency and prevent the degradation of pharmaceuticals. Microencapsulation has many benefits such as flavour and odour masking, protection from moisture, acids, ingredient interactions, heat, and exposure to oxygen, also the stability afforded by encapsulated ingredients allows measuring and delivery of precise levels of the desired nutrient. Moreover, the nutrient can be protected from processing losses, but can be released when desired. The global microencapsulation market accounted for US$ 9.4 billion in 2020 and is estimated to be US$ 25.7 billion by 2029 and is anticipated to register a CAGR of 11.9%.
COVID-19 Impact on the Market:
With the outbreak of the COVID-19, various businesses are at the forefront to combat this pandemic. The pandemic has hindered the industrial supply chain and also disrupted the production segment. However, the microencapsulation market includes major Tier I and II suppliers like Cargill, BASF, DSM, Ingredion Incorporation and are spread across the globe. Therefore, there has not been much difficulty in the supplies. This report will quantify the impact of this pandemic on the microencapsulation market.
Global Microencapsulation Market Dynamics
Increase in demand for fortified food products with health benefits
With the growth in demand for functional and fortified food & pharmaceutical products, the demand for microencapsulation is increasing. Microencapsulation provides integration of minerals, vitamins, flavors, essential oils, and other additives in food products to enhance the functional properties of products. The pharmaceutical sector is also greatly influenced by microencapsulation technologies due to the benefits achieved by the manufacturers. Along with the encapsulation of drugs, other active ingredients such as peptides, proteins, and DNA/RNA molecules are also encapsulated in the pharmaceutical sector to meet the market demand for value-added products. These benefits of encapsulation drive the global microencapsulation market.
Restraint:
Competition for basic raw material
With the growing market and the increasing demand there is constant demand for the improvement. The development of microencapsulated material is sometimes customized, and at times is required to be carried out at an industrial scale instead of a pilot scale. This increases the processing cost of products and ultimately leads to an increase in their cost. Thus, restraining the global microencapsulation market.
Global Microencapsulation Market Segmentation
Source: Prophecy Market Insights |Disclaimer: Data is only a representation. Actual data may vary in the final report.
The global microencapsulation market is segmented based on the technology, core material, application and region.
Depending upon the technology, the global business is categorized into the spray, emulsion, and dripping. In terms of core material, the worldwide industry is categorized into pharma & healthcare drugs, PCM, food additives, and fragrances. Based on the application, the target market is segmented into pharma, household, agrochemicals, and textiles.
Regional Insights:
Regionally, the overall industry is divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market for microencapsulation in the North American region is dominating the market by the growing demand and awareness about value-added products for various areas such as nutrition, food, healthcare, and personal care. Due to this awareness and increased demand, companies are focusing on manufacturing functional products with novel technologies such as microencapsulation.
Report Scope:
|
Attribute |
Details |
|
The base year for estimation |
2019 |
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Forecast period |
2019 – 2029 |
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Market representation |
Revenue in USD Million & CAGR from 2019 – 2029 |
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Market Segmentation |
By Technology - Spray, Emulsion, Dripping By Core Material - Pharma & Healthcare Drugs, PCM, Food Additives, Fragrances By Application - Pharma, Household, Agrochemicals, Textiles |
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Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
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Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2019 to 2029. For the purpose of this study, has segmented the global microencapsulation market report based on the technology, core material, application and region.
Global Microencapsulation Market, By Technology:
- Spray
- Emulsion
- Dripping
Global Microencapsulation Market, By Core Material:
- Pharma & Healthcare Drugs
- PCM
- Food Additives
- Fragrances
Global Microencapsulation Market, By Application:
- Pharma
- Household
- Agrochemicals
- Textiles
Global Microencapsulation Market, By Region:
-
-
- North America
-
- U.S.
- Canada
-
- Europe
-
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
-
- Asia Pacific
-
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
-
- Latin America
-
- Brazil
- Mexico
- Rest of Latin America
-
- Middle East & Africa
-
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
-
- North America
-
Global Microencapsulation Market Key Players
The key players operating in the global microencapsulation market include BASF, Royal FrieslandCampina, Syngenta Crop Protection, Koninklijke DSM, Givaudan, Firmenich, Symrise, International Flavors & Fragrances, Sensient Technologies, Lycored Corp. Companies are increasing their investments in R&D to expand its product portfolio and market presence. For instance, in August 2018, BASF's (Germany) animal nutrition division launched Lucantin NXT product line in the European Union that would gradually be marketed in other countries. The carotenoid formulation would meet the latest regulation that requires ethoxyquin (EQ) to be withdrawn as a stabilizer. Further, in October 2018, Koninklijke DSM (Netherlands) opened its second animal nutrition & health premix plant in Jadcherla, India. With this expansion, the company expanded its geographical reach as well as increased its production capacity to cater to the growing demands in the region.
Global Microencapsulation Market Company Profile
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- BASF
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Business Strategies
- Royal FrieslandCampina
- Syngenta Crop Protection
- Koninklijke DSM
- Givaudan
- Firmenich
- Symrise
- International Flavors & Fragrances
- Sensient Technologies
- Lycored Corp
- BASF
“*” marked represents similar segmentation in other categories in the respective section
Global Microencapsulation Market Table of Contents
- Research Objective and Assumption
- Preface
- Research Objectives
- Study Scope
- Years Considered for the study
- Assumptions
- Abbreviations
- Research Methodology
- Research data
- Primary Data
- Primary Interviews
- Primary Breakdown
- Key data from Primary Sources
- Key Thickness Insights
- Secondary Data
- Major Secondary Sources
- Secondary Sources
- Market Estimation
- Top-Down Approach
- Approach for estimating Market Share by Top-Down Analysis (Supply Side)
- Bottom-Up Approach
- Approach for estimating market share by Bottom-up Analysis (Demand Side)
- Market Breakdown and Data Triangulation
- Research Assumptions
- Market Purview
- Executive Summary
- Key Findings—Global Outlook for Microencapsulation Strategies
- Key Questions this Study will Answer
- Market Snippet, By Technology
- Market Snippet, By Core Material
- Market Snippet, By Application
- Market Snippet, By Region
- Opportunity Map Analysis
- Executive Summary—3 Big Predictions
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Market Trends
- DR Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Opportunity Orbit
- Market Investment Feasibility Index
- Macroeconomic Factor Analysis
- Market Dynamics
- Global Microencapsulation Market, By Technology, 2019 – 2029, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 – 2029
- Y-o-Y Growth Analysis (%), 2019 – 2029
- Segment Trends
- Spray
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Emulsion
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Dripping
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Overview
- Global Microencapsulation Market, By Core Material, 2019 – 2029, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 – 2029
- Y-o-Y Growth Analysis (%), 2019 – 2029
- Segment Trends
- Pharma & Healthcare Drugs
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- PCM
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Food Additives
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Fragrances
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Overview
- Global Microencapsulation Market, By Application, 2019 – 2029, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 – 2029
- Y-o-Y Growth Analysis (%), 2019 – 2029
- Segment Trends
- Pharma
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Household
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Agrochemicals
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Textiles
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Overview
- Global Microencapsulation Market, By Region, 2019 – 2029, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 – 2029
- Y-o-Y Growth Analysis (%), 2019 – 2029
- Regional Trends
- North America
- Market Size and Forecast (US$ Mn), By Technology, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Core Material, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Mn), By Technology, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Core Material, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Mn), By Technology, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Core Material, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast (US$ Mn), By Technology, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Core Material, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Market Size and Forecast (US$ Mn), By Technology, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Core Material, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
- GCC
- Israel
- South Africa
- Rest of Middle East
- Overview
- Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
- Company Profiles
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- BASF
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Business Strategies
- Royal FrieslandCampina
- Syngenta Crop Protection
- Koninklijke DSM
- Givaudan
- Firmenich
- Symrise
- International Flavors & Fragrances
- Sensient Technologies
- Lycored Corp
- BASF
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- The Last Word
- Future Impact
- About Us
- Contact
List of Tables
TABLE List of data sources
TABLE Market drivers; Impact Analysis
TABLE Market restraints; Impact Analysis
TABLE Global Microencapsulation Market: Technology Snapshot (2019)
TABLE Segment Dashboard; Definition and Scope, by Technology
TABLE Global Microencapsulation Market, by Technology 2019-2029 (USD Million)
TABLE Global Microencapsulation Market: Core Material Snapshot (2019)
TABLE Segment Dashboard; Definition and Scope, by Core Material
TABLE Global Microencapsulation Market, by Core Material 2019-2029 (USD Million)
TABLE Segment Dashboard; Definition and Scope, by Application
TABLE Global Microencapsulation Market, by Application 2019-2029 (USD Million)
TABLE Global Microencapsulation Market: Regional snapshot (2019)
TABLE Segment Dashboard; Definition and Scope, by Region
TABLE Global Microencapsulation Market, by Region 2019-2029 (USD Million)
TABLE North America Microencapsulation Market, by Country, 2019-2029 (USD Million)
TABLE North America Microencapsulation Market, by Technology, 2019-2029 (USD Million)
TABLE North America Microencapsulation Market, by Core Material, 2019-2029 (USD Million)
TABLE North America Microencapsulation Market, by Application, 2019-2029 (USD Million)
TABLE Europe Microencapsulation Market, by Country, 2019-2029 (USD Million)
TABLE Europe Microencapsulation Market, by Technology, 2019-2029 (USD Million)
TABLE Europe Microencapsulation Market, by Core Material, 2019-2029 (USD Million)
TABLE Europe Microencapsulation Market, by Application, 2019-2029 (USD Million)
TABLE Asia Pacific Microencapsulation Market, by Country, 2019-2029 (USD Million)
TABLE Asia Pacific Microencapsulation Market, by Technology, 2019-2029 (USD Million)
TABLE Asia Pacific Microencapsulation Market, by Core Material, 2019-2029 (USD Million)
TABLE Asia Pacific Microencapsulation Market, by Application, 2019-2029 (USD Million)
TABLE Latin America Microencapsulation Market, by Country, 2019-2029 (USD Million)
TABLE Latin America Microencapsulation Market, by Technology, 2019-2029 (USD Million)
TABLE Latin America Microencapsulation Market, by Core Material, 2019-2029 (USD Million)
TABLE Latin America Microencapsulation Market, by Application, 2019-2029 (USD Million)
TABLE Middle East and Africa Microencapsulation Market, by Country, 2019-2029 (USD Million)
TABLE Middle East and Africa Microencapsulation Market, by Technology, 2019-2029 (USD Million)
TABLE Middle East and Africa Microencapsulation Market, by Core Material, 2019-2029 (USD Million)
TABLE Middle East and Africa Microencapsulation Market, by Application, 2019-2029 (USD Million)
List of Figures
FIGURE Microencapsulation Market segmentation
FIGURE Market research methodology
FIGURE Value chain analysis
FIGURE Porter’s Five Forces Analysis
FIGURE Market Attractiveness Analysis
FIGURE COVID-19 Impact Analysis
FIGURE Pre & Post COVID-19 Impact Comparison Study
FIGURE Competitive Landscape; Key company market share analysis, 2019
FIGURE Technology segment market share analysis, 2019 & 2029
FIGURE Technology segment market size forecast and trend analysis, 2019-2029 (USD Million)
FIGURE Core Material segment market share analysis, 2019 & 2029
FIGURE Core Material segment market size forecast and trend analysis, 2019-2029 (USD Million)
FIGURE Regional segment market share analysis, 2019 & 2029
FIGURE Regional segment market size forecast and trend analysis, 2019-2029 (USD Million)
FIGURE North America Microencapsulation Market share and leading players, 2019
FIGURE Europe Microencapsulation Market share and leading players, 2019
FIGURE Asia Pacific Microencapsulation Market share and leading players, 2019
FIGURE Latin America Microencapsulation Market share and leading players, 2019
FIGURE Middle East and Africa Microencapsulation Market share and leading players, 2019
FIGURE North America market share analysis by country, 2019
FIGURE U.S. Microencapsulation Market size, forecast and trend analysis, 2019-2029 (USD Million)
FIGURE Canada Microencapsulation Market size, forecast and trend analysis, 2019-2029 (USD Million)
FIGURE Europe Microencapsulation Market share analysis by country, 2019
FIGURE Germany Microencapsulation Market size, forecast and trend analysis, 2019-2029 (USD Million)
FIGURE Spain Microencapsulation Market size, forecast and trend analysis, 2019-2029 (USD Million)
FIGURE Italy Microencapsulation Market size, forecast and trend analysis, 2019-2029 (USD Million)
FIGURE UK Microencapsulation Market size, forecast and trend analysis, 2019-2029 (USD Million)
FIGURE France Microencapsulation Market size, forecast and trend analysis, 2019-2029 (USD Million)
FIGURE Rest of the Europe Microencapsulation Market size, forecast and trend analysis, 2019-2029 (USD Million)
FIGURE Asia Pacific Microencapsulation Market share analysis by country, 2019
FIGURE India Microencapsulation Market size, forecast and trend analysis, 2019-2029 (USD Million)
FIGURE China Microencapsulation Market size, forecast and trend analysis, 2019-2029 (USD Million)
FIGURE Japan Microencapsulation Market size, forecast and trend analysis, 2019-2029 (USD Million)
FIGURE South Korea Microencapsulation Market size, forecast and trend analysis, 2019-2029 (USD Million)
FIGURE Rest of APAC Microencapsulation Market size, forecast and trend analysis, 2019-2029 (USD Million)
FIGURE Latin America Microencapsulation Market size, forecast and trend analysis, 2019-2029 (USD Million)
FIGURE Latin America Microencapsulation Market share analysis by country, 2019
FIGURE Brazil Microencapsulation Market size, forecast and trend analysis, 2019-2029 (USD Million)
FIGURE Mexico Microencapsulation Market size, forecast and trend analysis, 2019-2029 (USD Million)
FIGURE Argentina Microencapsulation Market size, forecast and trend analysis, 2019-2029 (USD Million)
FIGURE Rest of LATAM Microencapsulation Market size, forecast and trend analysis, 2019-2029 (USD Million)
FIGURE Middle East and Africa Microencapsulation Market size, forecast and trend analysis, 2019-2029 (USD Million)
FIGURE Middle East and Africa Microencapsulation Market share analysis by country, 2019
FIGURE Saudi Arabia Microencapsulation Market size, forecast and trend analysis, 2019-2029 (USD Million)
FIGURE United Arab Emirates Microencapsulation Market size, forecast and trend analysis, 2019-2029 (USD Million)
FIGURE Rest of Middle East and Africa Microencapsulation Market size, forecast and trend analysis, 2019-2029 (USD Million)
FAQs
The Global Microencapsulation market is segmented into basis of technology, core material, application and region.
The increased number of various biotechnology and biopharmaceutical companies that utilize filtration systems including membranes, capsules, cartridges, and other products are driving the growth of the overall pharmaceutical membrane filtration technologies market.
By region, the market for microencapsulation in the North American region is dominating the market by the growing demand and awareness about value-added products for various areas such as nutrition, food, healthcare, and personal care.
The Key players operating in the global Microencapsulation market include BASF, Royal FrieslandCampina, Syngenta Crop Protection, Koninklijke DSM, Givaudan, Firmenich, Symrise, International Flavors & Fragrances, Sensient Technologies, Lycored Corp.