Global Food Encapsulation Market was valued at USD 12.62 Billion in 2021 and is expected to reach USD 21.07 Billion by the year 2028, at a CAGR of 7.6%.
Food Encapsulation Market report covers a detailed analysis of current and upcoming market trends, company market shares, market projections, competitive benchmarking, competition mapping, and in-depth research of the most significant sustainability strategies and their impact on industry growth and competition. The research was conducted using a combination of primary and secondary data, as well as input from leading industry players.
Encapsulation is a widely used technology in the food industry for producing engineered products, particularly in functional and specialty food manufacturing, food processing, and product development. Encapsulation of food is a method of improving the system of delivery of live cells or bioactive molecules into the human body through food. The protective shell of encapsulates must be made of food-grade, biodegradable materials that are effective at providing a barrier between the internal phase and its environment.
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The Major Players In The Food Encapsulation Market Include:
International Flavors and Fragrance Inc., DSM, Ingredion Incorporated, Kerry Group, Cargill Incorporated, Lycored Group, Balchem Corporation, Aveka Group, Encapsys, Clextral, Vitasquare, Tastetech Encapsulation Solution, DuPont, Symrise, Friesland Campina, BASF SE, Advanced Bio nutrition Corporation, Sphera Encapsulation
The market has segmented the global Food Encapsulation market on the basis of type, application, and region:
The Food Encapsulation market is segmented by type and application. Growth between segments over the period 2023-2030 provides accurate calculations and forecasts of revenue by type and application in terms of volume and value. This analysis can help you expand your business by targeting eligible niches.
By Type:
- Microencapsulation
- Nanoencapsulation
- Hybrid Encapsulation
By Application:
- Functional food products
- Bakery products
- Beverages
- Dairy products
- Others
A Broader Geographical Classification Is Based On Regions Which Are Given Below:
- North America (U.S., Canada, Mexico)
- Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
- Western Europe (Germany, U.K., France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
- Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
- Middle East & Africa (Turkey, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)
- South America (Brazil, Argentina, Rest of SA)
IMR offers a comprehensive overview of the market through the analysis of key parameters such as revenue, price, competition, and promotions, as well as the study, synthesis, and summarization of data from different sources. It analyzes the leading industry drivers and shows numerous market components. The information offered is thorough, dependable, and the result of a comprehensive primary and secondary study. IMR market research reports offer a comprehensive global market as well as an in-depth strategic sourcing methodology and analysis based on qualitative and quantitative research to anticipate market growth.
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Covid-19 Impact and Recovery Analysis on Industry:
The COVID-19 pandemic has had devastating effects on several industry verticals globally. To constrain the number of cases and slow the coronavirus spread, various public health guidelines were implemented in different countries across the globe. COVID-19 protocols range from declaring national emergency states, enforcing stay-at-home orders, closing nonessential business operations and schools, banning public gatherings, imposing curfews, distributing digital passes, and allowing police to restrict citizen movements within a country, as well as closing international borders. With the growing vaccination rate, governments are uplifting the protocols to give a boost to the stagnant economy. Like other industries, Food Encapsulation Market has experienced slow down growth, however, the market is expected to bounce back as restrictions are being lifted up by governments across the globe.
Key Benefits:
- The report evaluates the key factors that prove to be drivers and restraints for the market
- The study discusses the market based on the various segments to forecast growth till 2020
- The report discusses the market factors in various geographic regions and also explores business opportunities
- Analysis of the strategies adopted and applied by the profiled companies in the market
- Assessment and ranking of the factors that favor the market growth and those factors which act as a hindrance to the growth of the market
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