Title: Microencapsulation Market is expected to reach 10.76 Billion USD by 2022
1MarketsandMarketsPresents
- Microencapsulation Market is expected to reach
10.76 Billion USD by 2022
2- The report "Microencapsulation Market by
Technology (Spray, Emulsion, Dripping), Core
Material (Pharmaceutical Healthcare Drugs, Food
Additives), Application (Pharmaceuticals, Food
Beverages), Shell material, and Region - Global
Forecast to 2022", The microencapsulation market,
in terms of value, is projected to reach USD
10.76 Billion by 2022 from USD 5.71 Billion in
2016, at a CAGR of 11.4 from 2017 to 2022. - Browse
- 83 Market Data Tables
- 37 Figures
- 176 Pages and in-depth TOC on Microencapsulation
Market - You can speak to our analyst _at_ http//www.marketsa
ndmarkets.com/speaktoanalyst.asp?id83597438
3(No Transcript)
4The global market for microencapsulation has
grown exponentially in the last few years. The
market size is projected to reach USD 10.76
Billion by 2022, growing at a CAGR of around
11.4 from 2017 to 2022. Emerging markets such as
India, China, Japan, Brazil, and Argentina are
the primary targets of the industry. Factors such
as the growing awareness and demand for fortified
food products, increasing demand from the
pharmaceutical industry for various applications,
and the emergence of new technologies are the
major factors driving this market. Moreover,
achieving enhanced product functionality by
microencapsulation helped to drive the
microencapsulation industry. The development of
microencapsulated materials is at times
customized, and at times is required to be
carried out at an industrial scale instead of a
pilot scale. This increases the processing cost
of the product and ultimately leads to an
increase in the product cost, which restrains the
market growth. The market is dominated by
players such as BASF SE (Germany), Syngenta Crop
Protection AG (Switzerland), Royal
FrieslandCampina N.V. (Netherlands), Koninklijke
DSM N.V. (Netherlands), Givaudan SA
(Switzerland), Firmenich SA (Switzerland), and
Symrise AG (Germany). Other major players in the
market include International Flavors Fragrances
Inc. (US), Lycored Corp. (UK), Sensient
Technologies Corporation (US), Koehler Innovative
Solutions (Germany), Balchem Corporation (US),
and Synthite Industries Ltd. (India).
5- Scope of the report
- This research report categorizes the
microencapsulation market based on application,
technology, core material, shell material, and
region. - Based on Application, the market has been
segmented as follows - Pharmaceutical healthcare products
- Food beverages
- Household personal care products
- Agrochemicals
- Construction materials
- Textiles
- Others (energy, defense, and paper printing)
- Based on Technology, the market has been
segmented as follows - Spray technologies
- Emulsion technologies
- Dripping
- Others (coating, physico-chemical, and chemical
technologies)
6- Based on Core Material, the market has been
segmented as follows - Pharmaceutical healthcare drugs
- Food additives
- Fragrances
- Agricultural inputs
- Phase change materials
- Others (construction chemicals, inks, energy
molecules, and household personal care
products) - Based on Shell Material, the market has been
segmented as follows - Polymers
- Gums resins
- Lipids
- Carbohydrates
- Proteins
- Based on Region, the market has been segmented as
follows - North America
- Europe
7- Target Audience
- RD institutes
- Technology providers
- Microencapsulation product providers
- Intermediary suppliers
- Wholesalers
- Shell and core material suppliers
- Regulatory bodies
- Dealers
- Consumers
- End users (food beverage, pharmaceutical,
agrochemical, textile, and personal care products
manufacturers) - Retailers
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