The Business Research Company’s report on the Microencapsulation Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
What are the key drivers behind the microencapsulation market’s growth in recent years?
Rising consumer demand for functional food is expected to propel the growth of the microencapsulation market going forward. Functional foods are defined as processed foods that give medical or health advantages as well as illness risk reduction. Microencapsulation is a method that aid in the improvement of functional meals. This process entails coating functional ingredients with food-grade and biodegradable materials to protect them from degradation and improve their bioavailability and stability. It is also used to overcome drawbacks associated with the use of certain ingredients in food fortification, such as phytosterols. Additionally, changing consumer preferences have also boosted the demand for functional foods. For instance, in October 2023, the Council for Responsible Nutrition, a US-based wellness and fitness services organization, reported the findings of a survey conducted with a nationally representative sample of 3,192 U.S. adults aged 18+ 74% of U.S. adults take dietary supplements, with 55% classified as regular users. Therefore, the rising consumer demand for functional food is driving the growth of the microencapsulation market.
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How does the future projection of the microencapsulation market size compare to its historical growth?
The microencapsulation market size has grown rapidly in recent years. It will grow from$11.66 billion in 2024 to $13 billion in 2025 at a compound annual growth rate (CAGR) of 11.5%. The growth in the historic period can be attributed to pharmaceutical industry demand, food and beverage industry application, agricultural sector for crop protection, expansion in fragrance industry, increased use in agrochemicals
The microencapsulation market size is expected to see rapid growth in the next few years. It will grow to “$20.01 billion in 2029 at a compound annual growth rate (CAGR) of 11.4%. The growth in the forecast period can be attributed to growth in nutraceuticals industry, expanding applications in functional foods, increasing adoption in textile innovations, rising interest in controlled release agrochemicals, application in self-healing materials. Major trends in the forecast period include technological integration in personal care, customized encapsulation for cosmeceuticals, application in 3d printing, collaborations for cross-industry applications, innovation in encapsulated agricultural inputs.
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Which key players are shaping the future of the microencapsulation market?
Major companies operating in the microencapsulation market include BASF SE, Balchem Corp., Encapsys LLC, AVEKA Group, Givaudan SA, International Flavors & Fragrances Inc., Symrise AG, Capsulae Corp., Reed Pacific Pty Ltd., Microtek Laboratories Inc., TasteTech Ltd., GAT Microencapsulation GmbH, Bayer AG, Koninklijke DSM NV, Syngenta AG, Ronald T. Dodge Co., MikroCaps d.o.o, Firmenich Incorporated, Evonik Industries AG, Southern Research Co. Inc., Glatt Air Techniques Inc., LycoRed Group, 3M company, Cargill Inc., Ingredion corporation, Watson Inc., CoreRx Inc., Aphios Corporation
What trends will propel the growth and evolution of the microencapsulation market?
Major companies in the microencapsulation market are increasingly focusing on developing advanced technologies, such as diamine oxidase (DAO) microencapsulation, to enhance the stability and targeted delivery of active ingredients across various applications. These innovations improve the bioavailability of sensitive compounds, facilitating their safe passage through harsh environments like the stomach. For instance, in April 2024, AB Biotek, a UK-based biotechnology research company, launched adiDAO Microencapsulated, a groundbreaking ingredient designed to enhance the delivery of DAO, an enzyme essential for breaking down dietary histamine. This new microencapsulated format addresses critical challenges associated with DAO, particularly its sensitivity to stomach pH and its potential negative interactions with other bioactive ingredients. adiDAO Microencapsulated marks a significant advancement in managing DAO deficiency. By optimizing the delivery of this vital enzyme and enabling its combination with other active ingredients, AB Biotek is paving the way for innovative treatments that could improve health outcomes for individuals affected by histamine-related disorders.
Which regions are expected to become dominant players in the microencapsulation market?
North America was the largest region in the encapsulation market in 2024. Asia-Pacific is expected to be the fastest-growing region in the global microencapsulation market during the forecast period. The regions covered in the microencapsulation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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What are the emerging key segments in the microencapsulation market, and how are they evolving?
The microencapsulation market covered in this report 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
Subsegments:
1) By Agricultural Inputs: Pesticides, Herbicides, Fertilizers, Insecticides
2) By Food Additives: Flavoring Agents, Nutraceuticals, Preservatives, Coloring Agents
3) By Pharmaceutical and Healthcare Drugs: Active Pharmaceutical Ingredients (APIs), Vitamins And Supplements, Vaccines, Pain Management Drugs
4) By Fragrances: Essential Oils, Perfume Ingredients, Aroma Compounds
5) By Phase Change Material: Organic Phase Change Materials, Inorganic Phase Change Materials, Eutectic Phase Change Materials
6) By Other Core Materials: Cosmetics Ingredients, Cleaning Agents, Industrial Chemicals
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What defines the structure and scope of the microencapsulation market?
Microencapsulation is a technology that encapsulates solid, liquid, or gas materials into microparticles with diameters ranging from 1 to 1000 µm, using a polymeric or non-polymeric material to protect the contents from processing conditions and allowing controlled release under specific conditions. It is used to preserve and distribute functional constituents in various industries.
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