Microencapsulation Market Scenario
Rising in demand in the pharmaceutical industry coupled with increase in demand for fortified food products with health benefits are some of the major factors propelling the microencapsulation market globally. Furthermore, increased R&D activities for process efficiency is also one of the factor propelling the growth of microencapsulation market. However, high cost associated with the microencapsulated process is one of the major factor expected to hamper the global growth of the microencapsulation market.
Microencapsulation Market Segmentation
The Microencapsulation market is segmented by Shell Material, Core Material, Technology, End-use Industry and Geography. The Shell Material studied in the report are Melamine and Non-melamine (Carbohydrates, Gums & Resins, Lipids, Melamine Formaldehyde, Proteins and Others). Furthermore, the Core Material comprises of Agricultural Inputs, Food Additives, Fragrances, Pharmaceutical & Healthcare Drugs, Phase Change Materials and Others. Moreover, the Technology include Spray Technologies, Emulsion Technologies, Dripping Technologies and Others. In addition, various End-use Industry of Microencapsulation market are Agrochemical, Food & Beverage, Household & Personal Care, Pharmaceutical & Healthcare, Textile and Others. Additionally, the Global Microencapsulation Market is studied for the key regions such as, North America, Europe, Asia Pacific and Rest of the World.
Microencapsulation Market by Geography
Geographically, the Microencapsulation market is studied across the countries of key regions such as, North America, Europe, Asia Pacific and RoW. Among all the regions, The Asia-Pacific Microencapsulation market is expected to witness high growth during the forecast period. Growing demand for agrochemicals and textiles to drive the market for microencapsulation in china. Growing functional food industry to drive the Asia Pacific microencapsulation market.
Microencapsulation Market Key Players
Some of the major players operating in the global microencapsulation market includes Arcade Beauty, Balchem Corporation, BASF SE, Brace Gmbh, Capsulae, Koninklijke DSM, Encapsys, Firmenich, Givaudan, Insilico, International Flavors & Fragrances, Koehler Innovative Solutions, Lycored Corp., Royal Frieslandcampina, Micro Caps Technology, Microtek Laboratories Inc. and Reed Pacific. These key players are anticipated to create strategic partnerships with the buyers across application segments to tap the consumer base, thereby growing the competitive rivalry across the industry participants.
Microencapsulation Market Report Key Benefits