Dublin, Feb. 09, 2022 (GLOBE NEWSWIRE) -- The "Encapsulation Market Forecast to 2028 - COVID-19 Impact and Global Analysis" report has been added to ResearchAndMarkets.com's offering.
The global encapsulation market is expected to grow from US$ 35,113.49 million in 2021 to US$ 80,071.65 million by 2028; it is estimated to grow at a CAGR of 12.5% from 2021 to 2028.
Growing demand for encapsulated flavors and colors from the convenience food sector and the surging demand for encapsulated pharmaceuticals drive the growth of the Encapsulation market. In addition, the rising urban population worldwide propel the need for convenience food products.
Based on coating material, the Encapsulation market is segmented into polymers, gums and resins, lipids, carbohydrates and proteins. The carbohydrates segment accounted for the largest market share in 2020. Carbohydrates are the first polymers used for flavor encapsulation owing to their good physicochemical properties, good solubility in water, low viscosity, and excellent barrier properties with respect to volatile organic compounds. Coating material for carbohydrates consists of starch, maltodextrins, chitosan, corn syrup solids, dextran, modified starch, fructose, and cyclodextrins. Thus, market players are introducing innovative flavor profiles to attract large customer base. Thus, the market for this segment is expected to witness growth in the coming years.
The Encapsulation market in Asia Pacific is expected to grow at the highest CAGR during the forecast period. Many Asia-Pacific countries, such as China and India, are among the world's fastest-growing populations. The food & beverage industry is expanding in the region because of its wide range of applications. The existence of various established, sectors such as food & beverage, in China, India, Japan, and South Korea has increased the demand for encapsulation in the region. The players operating in the region anticipate many opportunities for fragrance encapsulation with the growing consumer demand for long-lasting fragrances. The leading companies are investing significantly in the development of current encapsulation technology. Such developments would fuel the growth of the encapsulation market in Asia Pacific during the forecast period.
A few of the major key players operating in the global Encapsulation market are Encapsys, LLC; Lycored; Tastetech; Givadan; Balchem, INC; FrieslandCampina; DSM; Microtek Laborotories, INC; Legris Industries Group; and BASF SE.
Reasons to Buy
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the global encapsulation market, thereby allowing players to develop effective long-term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth the market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest `with respect to products, segmentation and industry verticals.
Key Topics Covered:
1. Introduction
2. Key Takeaways
3. Research Methodology
4. Encapsulation Market Landscape
4.1 Market Overview
4.2 Porter's Five Forces Analysis
4.3 Expert Opinion
4.4 Ecosystem Analysis
4.4.1 Raw Material
4.4.2 Manufacturing/Processing
4.4.3 Distributors
4.4.4 End Users
5. Encapsulation Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Growing Demand for Encapsulated Flavors and Colors from Convenience Food Sector
5.1.2 Rising Demand for Encapsulated Pharmaceuticals
5.2 Market Restraints
5.2.1 Increased Cost of Production and Low Profit Margins
5.3 Market Opportunities
5.3.1 Development of Advanced Technologies
5.4 Future Trends
5.4.1 Increasing Demand for Functional Products
5.5 Impact Analysis of Drivers and Restraints
6. Encapsulation - Global Market Analysis
6.1 Encapsulation Market Overview
6.2 Encapsulation Market -Revenue and Forecast to 2028 (US$ Million)
6.3 Market Positioning - Global Market Players
7. Encapsulation Market Analysis - By Coating Material
7.1 Overview
7.2 Encapsulation Market, By Coating Material (2020 and 2028)
7.3 Polymers
7.3.1 Overview
7.3.2 Polymers: Encapsulation Market - Revenue and Forecast to 2028 (US$ Mn)
7.4 Gums and Resins
7.4.1 Overview
7.4.2 Gums and Resins: Encapsulation Market - Revenue and Forecast to 2028 (US$ Mn)
7.5 Lipids
7.5.1 Overview
7.5.2 Lipids: Encapsulation Market - Revenue and Forecast to 2028 (US$ Mn)
7.6 Carbohydrates
7.6.1 Overview
7.6.2 Carbohydrates: Encapsulation Market - Revenue and Forecast to 2028 (US$ Mn)
7.7 Protiens
7.7.1 Overview
7.7.2 Proteins: Encapsulation Market - Revenue and Forecast to 2028 (US$ Mn)
8. Encapsulation Market Analysis - By Technology
8.1 Overview
8.2 Encapsulation Market, By Technology (2020 and 2028)
8.3 Spray Technology
8.3.1 Overview
8.3.2 Spray Technology: Encapsulation Market - Revenue and Forecast to 2028 (US$ Mn)
8.4 Emulsion Technology
8.4.1 Overview
8.4.2 Emulsion Technology: Encapsulation Market - Revenue and Forecast to 2028 (US$ Mn)
8.5 Dripping Technology
8.5.1 Overview
8.5.2 Dripping Technology: Encapsulation Market - Revenue and Forecast to 2028 (US$ Mn)
8.6 Others
8.6.1 Overview
8.6.2 Others: Encapsulation Market - Revenue and Forecast to 2028 (US$ Mn)
9. Encapsulation Market Analysis - By Application
9.1 Overview
9.2 Encapsulation Market, By Application (2020 and 2028)
9.3 Pharmaceuticals and Nutraceutical
9.3.1 Overview
9.3.2 Pharmaceuticals and Nutraceutical: Encapsulation Market - Revenue and Forecast to 2028 (US$ Mn)
9.4 Food and Beverages
9.4.1 Overview
9.4.2 Food and Beverages: Encapsulation Market - Revenue and Forecast to 2028 (US$ Mn)
9.5 Personal Care Products
9.5.1 Overview
9.5.2 Personal Care Products: Encapsulation Market - Revenue and Forecast to 2028 (US$ Mn)
9.6 Agrochemicals
9.6.1 Overview
9.6.2 Agrochemicals: Encapsulation Market - Revenue and Forecast to 2028 (US$ Mn)
9.7 Others
9.7.1 Overview
9.7.2 Others: Encapsulation Market - Revenue and Forecast to 2028 (US$ Mn)
10. Encapsulation Market - Geographic Analysis
11. Impact of COVID
11.1 Overview
11.2 North America: Impact Assessment of COVID-19 Pandemic
11.3 Europe: Impact Assessment of COVID-19 Pandemic
11.1 Asia-Pacific: Impact Assessment of COVID-19 Pandemic
11.2 Middle East & Africa: Impact Assessment of COVID-19 Pandemic
11.3 South America and Central America: Impact Assessment of COVID-19 Pandemic
12. Industry Landscape
12.1 Overview
12.2 Product Launch
12.3 Mergers & acquisition
12.4 Expansion
13. Company Profiles
13.1 Encapsys, LLC
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Lycored
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 TasteTech
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Givaudan
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Balchem Inc.
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 FrieslandCampina
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 BASF SE
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 DSM
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Microtek Laboratories, Inc.
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 Legris Industries Group
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
For more information about this report visit https://www.researchandmarkets.com/r/1hbp2c
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