food-encapsulation-market

Food Encapsulation Market By Core Material, By Wall Material, By Technology, By Application - Growth, Share, Opportunities & Competitive Analysis, 2024 - 2032

02 May 2023 Format PDF icon PPT icon XLS icon Request Sample

Food encapsulation market is expected to grow at 5.5% by 2031. Encapsulation provides ways and means to protect food components forming cells, enzymes, food ingredients in capsules. Encapsulation in food products is done for protection of sensitive components, preserve and mask proper amount of flavors, minimal nutritional loss, and presence of aroma among others. Basically, food encapsulation involves packing of liquids, gases, and solids in small capsules, ensuring controlled release of components, when required.

Various reasons supporting the demand for encapsulation in food industry include protection of core material to reduce reactivity of air, moisture, light, and other elements in the outer environment, adequate exposure of core material, controlled modifications to the characteristics of the components, masking of flavor or aroma in the product, and others. Food encapsulation allows control on the release mechanism, physical form, composition, particle size and cost involved. Since, all the factors play a pivotal role while a food product is developed; food encapsulation market growth is predicted to increase significantly in the next five to six years.

Increasing consumption of convenience foods and functional foods among consumers has led food manufacturers to develop products catering to the demand for better taste, versatility, flavors and others. Also, the demand for ready-to-eat products is witnessing surge among consumers, which is further anticipated to drive demand for technologies leading to ore shelf-life, ensuring flavor, taste and quality in the final product. Food encapsulation is such technology facilitating to suffice consumer demand for aforementioned factors. Thus, increasing inclination of consumers towards convenience and functional food products is a key factor stimulating food encapsulation market growth. On the other hand, there has been an increasing demand for food encapsulation in nutraceutical products.

With increasing demand for food encapsulation in food products, techniques such as spray drying and glass encapsulation are expected to gain significant traction among food manufacturers.

Market Dynamics

Driver: Innovative food encapsulation technologies enhance market penetration.

Restraint: More inclination toward traditional preservation methods over encapsulation techniques

Opportunity: Reducing capsule size and increasing bioavailability

Challenge: Poor stability of microencapsulated ingredients in varying atmosphere

Key Players Identified for Food Encapsulation Market Include but are Not Limited to:

Advanced BioNutrition Corporation, TasteTech Ltd., Aveka Group, Cargill Inc, ABCO Laboratories Inc, Balchem Corporation, Encapsys Microencapsulation, Blue California, FrieslandCampina Kievit, Firmenich Inc., Lycored Group, Kerry Group, Coating Place Inc., 
TasteTech Ltd, Sensient Technologies Corporation, BASF SE, Appvion Inc., Firmenich International SA, Givaudan SA, Balchem Corporation, International Flavors & Fragrances Inc., Symrise AG, and Other Notable Players.

Historical & Forecast Period

This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.

The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.

Research Methodology

The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Food Encapsulation market are as follows:

  • Research and development budgets of manufacturers and government spending
  • Revenues of key companies in the market segment
  • Number of end users and consumption volume, price and value.
  • Geographical revenues generate by countries considered in the report
  • Micro and macro environment factors that are currently influencing the Food Encapsulation market and their expected impact during the forecast period.

Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.

ATTRIBUTE DETAILS
Research Period  2022-2032
Base Year 2023
Forecast Period  2024-2032
Historical Year  2022
Unit  USD Million
Segmentation
Core Material
  • Flavoring Agents
  • Acids, Bases, and Buffers
  • Lipids
  • Enzymes and Micro-organisms
  • Amino Acids and Peptides
  • Vitamins and Minerals
  • Antioxidants
  • Others

Wall Material
  • Proteins
  • Carbohydrates
  • Lipids and Waxes

Technology
  • Physical
  • Chemical

Application
  • Bakery Products
  • Beverages
  • Frozen Products
  • Dairy Food Products
  • Confectionery
  • Dietary Supplements
  • Animal Nutrition

 Region Segment (2022-2032; US$ Million)

  • North America
    • U.S.
    • Canada
    • Rest of North America
  • UK and European Union
    • UK
    • Germany
    • Spain
    • Italy
    • France
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East and Africa
    • GCC
    • Africa
    • Rest of Middle East and Africa

Key questions answered in this report

  • What are the key micro and macro environmental factors that are impacting the growth of Food Encapsulation market?
  • What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
  • Estimated forecast and market projections up to 2032.
  • Which segment accounts for the fastest CAGR during the forecast period?
  • Which market segment holds a larger market share and why?
  • Are low and middle-income economies investing in the Food Encapsulation market?
  • Which is the largest regional market for Food Encapsulation market?
  • What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
  • Which are the key trends driving Food Encapsulation market growth?
  • Who are the key competitors and what are their key strategies to enhance their market presence in the Food Encapsulation market worldwide?
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