Micro-encapsulation Market Overview:
Micro-encapsulation is the process designed for curbing down
the particle size, all the while maintaining hold of its original value. The
growing need for the integration of food ingredients, cells, enzymes, and
different materials has brought-forward this technology to the forefront.
According to the recently released report published by Market Research Future
(MRFR), the global Micro-encapsulation
Market Size is projected to reach a valuation of USD 19.1 billion
by the end of the forecast period in 2030. The in-depth and detailed report
also mentions that the global market is expected to attain a compound annual
growth of 4.72% during the forecast period.
The growth of the market can be attributed primarily to the
pressing demand for functional foods. The widespread prevalence of various
disorders and a shifting inclination of consumers preferring to move towards a
healthy lifestyle is identified as two major drivers behind the growth of the
market in the coming years.
Regional Analysis:
The global micro-encapsulation market is regionally
segmented across the following major regions- Europe, Latin America, North
America, Asia Pacific, and the Middle East & Africa.
As per the research undertaken by MRFR and the study report
published by them, the market is spearheaded by North America in terms of
market size and share and is expected to continue its growth phase in an
impressive manner. It is projected that the region will garner a compound
annual growth rate of 10.86% during the forecast period.
Despite the positive growth trajectory of the North American
regional market, the Asia Pacific region is expected to experience the highest
growth percentage during the forecast period. The booming growth rate of the
region is attributed to the presence of a huge population base and a
well-structured and established healthcare system. These factors prompt the
rising demand for medicines, which subsequently sparks the growth of the
overall micro-encapsulation market. China is calculated to hold a major portion
of the market and contribute massively to the overall growth of the Asia
Pacific region. The region is expected to reach USD 16.7 Billion by the end of
the forecast period in 2027.
Competitive Landscape:
The micro-encapsulation market hosts a competitive
landscape, comprising major market players. Key players in the industry are a
vdopting various strategies to strengthen their business standing and edge past
their competitors. Some of the key players present in the market are Bayer AG
(Germany), Balchem Corp. (U.S.), Encapsys, LLC (U.S.), Royal FrieslandCampina
N.V. (Netherlands), International Flavors & Fragrance, Inc. (U.S.), Symrise
AG (Germany), LycoRed Ltd. (Israel), BASF SE (Germany), Syngenta AG (Switzerland),
and Givaudan SA (Switzerland).
The players in this market are constantly looking for
opportunities to invest in research and development activities to enhance their
product offerings. Another key strategy employed by these players are
acquisitions. This is done so as to widen the geographical reach of their
company.
16th April 2019, an all-new study revealed the durability
and fire-resistant effects of microencapsulated ammonium polyphosphate on
water-borne intumescent fire-retardant coatings.
Market Segmentation:
The global Micro-encapsulation
Market Overview segmentation is based on the following dynamics:
coating material, technology, and application.
By coating material, the market includes polymers,
carbohydrates, gums & resins, lipids, proteins, and others. The lipids
segment dominates the market segment and is expected to continue doing so
during the forecast period. Additionally, carbohydrates segment too is expected
to garner significant growth in the near future as well.
By technology, the market segments into emulsion, spay,
dripping, and others. The spray segment is anticipated to hold the dominant
share of the market during the forecast period. However, at the same time, the
emulsion segment is forecasted to exhibit the fastest growth rate over the same
forecast period.
By application, the market includes personal care, food
& beverages, agrochemicals, household items, pharmaceuticals and
healthcare, and others. The pharmaceuticals and healthcare segment hold the
dominant position of the market and is expected to maintain the same due to the
increasing medicinal demands. The food & beverages segment follows up as a
potentially booming segment.
Related Reports:
US
and Europe Nuts and Seeds Cheese Market: Information by Product Type
(Almonds, Cashews, Sunflower Seeds, Chia Seeds, Macadamia, Pistachio and
Others), Form (Blocks & Wheels, Spreads and Others), Distribution Channel
(Store-Based {Supermarkets & Hypermarkets, Convenience Stores and Others}
and Non-Store-Based) and Region/Country (US and Europe) - Forecast till 2030
Rapport
d'étude de marché sur la viande en conserve : informations par
type de viande (porc, volaille, bœuf, fruits de mer, autres), canal de
distribution (en magasin, hors magasin), par région - Prévisions jusqu'en 2027
オート麦ミルク市場調査レポート:製品タイプ(プレーンおよびフレーバー)、カテゴリ(有機および従来型)、包装タイプ(カートン、ボトルなど)、流通チャネル(店舗ベース、非店舗ベース)、および地域別の情報-2027年までの予測
About Market Research Future:
Market Research Future (MRFR) is a world-renowned market
research company that offers a wide range of services, complete with accurate
and precise analysis about diverse markets, sub-markets and target consumers.
Our approach is a combination of extensive information and multiple data
sources that help provide an exhaustive comprehension about the latest major
developments to the client, in addition to future events and what measures and
decisions to take on the basis of the same.
Our fast-emerging market research firm is armed with an
adept research analysts’ team that focuses on gathering useful data and
analytics in terms of economic and technological advances. Our proficient
analysts conduct industrial visits in a bid to achieve reliable and accurate
information from established market participants. One of our foremost
objectives is to keep the client well-versed with all the lucrative
opportunities as well as challenges surrounding various global markets. We
offer step-by-step guidance to our clients, through consulting and strategic
services, enabling them to arrive at a practical and effective decision.
Contact Us:
Market Research Future (part of Wantstats Research and Media
Private Limited),
99 Hudson Street, 5Th Floor,
New York, New York 10013
United States of America
+1 628 258 0071
Comments
Post a Comment