Global Microencapsulation Market Trends, Applications, Analysis, Growth, and Forecast to 2027
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May 2023
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This report was compiled by Trishita Deb Trishita Deb is an experienced market research and consulting professional with over 7 years of expertise across healthcare, consumer goods, and materials, contributing to over 400 healthcare-related reports. Correspondence Team Lead- Healthcare Linkedin | Detailed Market research Methodology Our methodology involves a mix of primary research, including interviews with leading mental health experts, and secondary research from reputable medical journals and databases. View Detailed Methodology Page
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"Global Microencapsulation Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2027" is a recent report generated by MarketResearch.biz, which offers in-depth insights, revenue details, and other vital information regarding the global microencapsulation market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global microencapsulation market report has been segmented on the basis of coating material, technology type, application, and region.
Introduction:
Microencapsulation is a technique in which solid, liquid, or gaseous active ingredients are packaged within other material for shielding purpose of the active ingredient from surrounding environment. This technique has been used in various fields such as from chemicals and pharmaceuticals, cosmetics, and printing. Microencapsulation is suitable for improving the stability of thermochromics mixtures. Microencapsulation is a unique and innovative technique for transplantation of various material such as tissue, cells, enzymes, etc. without need for immunosuppression.
Dynamics:
Increasing advancements by major pharmaceutical players for development of advanced protective technology for drug delivery application is a major factor driving growth of the global market. In addition, growing health concern among consumers resulting in growing demand from food & beverage sector in order to improve nutritious value of the products is another major factor driving growth of the global microencapsulation market. Moreover, increasing demand from agrochemical and construction sector is another factor expected to support growth of the target market over the forecast period.
However, availability of substitutes is a major factor expected to hamper growth of the global microencapsulation market. In addition, high cost associated with microencapsulation process is another factor is expected to challenge growth of the target market.
Increasing R&D activities by major players and innovative product offerings by new entrants in the market are expected to create new opportunities in terms of revenue for players operating in the global market over the forecast period. In addition, growing mergers and acquisitions among regional and international players is expected to further support growth of the target market.
Regional Analysis:
North America is expected to dominate the global microencapsulation market in terms of revenue and is expected to continue its dominance over the forecast period. This can be attributed to growing demand from cosmetic industry and presence of major manufacturers operating in the countries in this region. The market in Europe is projected to contribute significant revenue share, owing to increasing demand from food & beverage sector. The market in Asia Pacific is anticipated to grow at a substantial rate, this can be attributed to increasing government expenditure on healthcare sector, growing demand from pharmaceutical sector, and presence of major manufacturers operating in emerging economies such as India and China in this region. According to Indian Brand Equity Foundation report India’s pharmaceutical exports stood at US$ 16.84 Bn in 2016-17 and is expected to reach US$ 20 Bn by 2020.
Global Microencapsulation Market Segmentation:
By Coating Materials:
- Carbohydrates
- Gums & Resins
- Lipids
- Polymers
- Proteins
By Technology Type:
- Coating
- Emulsion
- Spray technologies
- Dripping
By Application:
- Pharmaceutical & health care products
- Home & personal care
- Food & beverages
- Agrochemicals
- Construction
- Textile
By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn -
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- Capsule Corporation
- LycoRed Group
- BASF SE
- Balchem Corporation
- Lipo Technologies, Inc.
- Encapsys LLC
- AVEKA Group
- Reed Pacific Pty Ltd.
- Microtek Laboratories, Inc.
- TasteTech Ltd.
- GAT Microencapsulation GmbH
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