Europe Microencapsulation Market Size, Growth, Trends

The Microencapsulation Global Market Report 2023, provides comprehensive information on the microencapsulation market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.

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https://www.thebusinessresearchcompany.com/report/microencapsulation-global-market-report

As per The Business Research Company’s Microencapsulation Global Market Report 2023, the market size is expected to grow from $9.31 billion in 2022 to $10.47 billion in 2023 at a compound annual growth rate (CAGR) of 14.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global microencapsulation market size is expected to reach $15.54 billion in 2027 at a CAGR of 11%.

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Technological advancements are a key trend in gaining popularity in the microencapsulation market. Major companies operating in the microencapsulation market are focused on developing innovative technologies to strengthen their position in the market. For instance, in In October 2020, Lubrizol Life Science Health (LLS Health), a US-based maker of complex medicines and medical equipment, introduces ASTAGILETM microcapsules, a new organic-certified, sustainable astaxanthin (Haematococcus pluvialis) microencapsulated with spirulina. The two components have been combined in a patent-pending product meant to improve mental agility and healthy aging in young and elderly persons, with several health benefits. It employs a technology that ensures the stability of naturally occurring carotenoids, which, when combined with microencapsulation technology, allows to extract the maximum antioxidant capacity and achieve full functional benefits while using less astaxanthin – enabling a more cost-effective solution for those interested in preserving and enhancing cognitive function.

The microencapsulation market is segmented:

1) By Material: Agricultural Inputs, Food Additives, Pharmaceutical And Healthcare Drugs, Fragrances, Phase Change Material, Other Core Materials

2) By Shell Material: Polymers, Gums And Resins, Lipids, Carbohydrates, Protein

3) By Technology: Spray Technology, Dripping Technology, Emulsion Technology, Other Technologies

4) By Application: Pharmaceutical And Healthcare Products, Food And Beverages, Household And Personal Care Products, Agrochemicals, Construction Material, Textiles, Other Applications

North America was the largest region in the microencapsulation market in 2022.

The table of contents in TBRC’s microencapsulation market report includes:

1. Executive Summary
2. Microencapsulation Market Characteristics
3. Microencapsulation Market Trends And Strategies
4. Microencapsulation Market – Macro Economic Scenario
5. Microencapsulation Market Size And Growth

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26. Africa Microencapsulation Market
27. Microencapsulation Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Microencapsulation Market
29. Microencapsulation Market Future Outlook and Potential Analysis
30. Appendix

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