Global Microencapsulation Market report offers detailed revenue, insights, growth, analysis, applications, current and future trends and forecast of the global market. The report also provides an in-depth analysis of various drivers, opportunities, threats, and restraints. This research report focuses on the insights and leading kay players existing in the local as well as global market. The report also covers the market economy, supply chain trends, key developments, technological innovations, future strategies, acquisitions & mergers market footprint. This market has been segmented based on the technology type, application, and geographical region.
Get more insights at: Global Microencapsulation Market 2019-2025
Microencapsulation technique is widely used in pharmaceutical industries to control the release of drugs. Therefore, the use of microencapsulation technology in pharmaceutical and food & beverage industry is expected to drive the demand for microencapsulation in this region. Biodegradable polymers like polyethylene glycol (PEG) is used as an encapsulation material. The encapsulation process in the food industry can be used for a number of reasons. Encapsulation is a useful tool for improving bioactive molecular delivery (e.g. minerals, antioxidants, vitamins, lutein, phytosterols, lycopene and fatty acids and living cells into foods).
Global Microencapsulation Market is highly fragmented due to the presence of leading industry players across the world. These players are often engaged in a strategic partnership with innovative technologies. The key players in the report include Capsulae, Dow Corning Corporation, Reed Pacific Pty Limited, Microtek Laboratories, Inc., TasteTech Ltd., BASF SE, Lipo Technologies, Encapsys, LLC, Evonik Industries AG, and Balchem among others. Huge investment in research & development improve technology efficiency is anticipated to be a major factor for the global market growth.
Global Microencapsulation Market is segmented based on the application and the geographical regions. Based on the application, the market has been classified as home & personal care, pharmaceuticals, food additives, agrochemicals, and others. In between these, the pharmaceuticals segment expected to account for the highest global microencapsulation market share.
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The Global Microencapsulation Market is sub-segmented into Asia-Pacific, Europe, North America, and ROW. Among these, North America is anticipated to dominate the microencapsulation market share and it is estimated to continue its dominance during the prediction period. This is due to the increasing demand from the cosmetic industry and the existence of leading manufacturers operating in the region. The European market is anticipated to contribute substantial market share, due to growing demand from the food and beverage sector. Likewise, the Asia Pacific market is expected to grow at a significant rate, owing to the rising government expenditure on the healthcare sector, increasing demand from the pharmaceutical sector, and the existence of top manufacturers operating in the developing economies such as China and India in this region.
The Global Microencapsulation Market size is estimated to be worth USD 15.15 billion by 2025, as a consequence of its widening applicability in home & personal care as well as in food additives. Microencapsulation exhibits properties such as sustained release and protection of core ingredients in the encapsulating shell. This has majorly driven the growth of the global microencapsulation market. Furthermore, the rising demand for fresh and durable food, increasing acceptance of specialty detergents, and growth of the pharmaceuticals industry are the other factors that are expected to propel the global microencapsulation market growth.
What does the report include?
The study on the global microencapsulation market includes qualitative factors such as drivers, trends, and opportunities
Additionally, the market has been evaluated using the value chain analysis, Porter’s Five Forces’ analysis and PESTEL analysis.
The study covers qualitative and quantitative analysis of the market segmented on the basis of application.
The report provides a deep-dive data analysis for all the applications.
Actual market sizes and forecasts have been provided for the above-mentioned segment.
The study includes the profiles of key players in the market with a significant global and/or country presence.
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