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The global market for microencapsulation is being driven by the rising demand for the procedure from the healthcare sector. Microencapsulated nutritional supplements have witnessed a robust demand in recent years owing to their ability to boost the immune function and thus reduce the risk of illness. In addition to this, the advent of the COVID-19 pandemic catalysed the growth of the market. This can be attributed to the several immunity boosting properties of the microencapsulation technology, which is a prime factor augmenting the growth of the market.
Moreover, the rising focus on healthcare owing to inflating disposable incomes, the development of cost-effective drugs, and the overall flourishing healthcare sector, the market is further invigorating. In addition to this, when compared to other methods, microencapsulation technology is a cost-effective way to boost drug bioavailability, thereby stimulating growth. Hence, these are some of the factors bolstering the demand for microencapsulation from the pharmaceutical and nutraceutical sectors and providing impetus to the market.
Microencapsulation Market Size
Microencapsulation Market Growth
Microencapsulation Market Share
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Microencapsulation Market Analysis
8.1 Key Industry Highlights
8.2 Global Microencapsulation Historical Market (2018-2023)
8.3 Global Microencapsulation Market Forecast (2024-2032)
8.4 Global Microencapsulation Market by Coating Material
8.4.1 Carbohydrates
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Gums and Resins
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Lipids
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.4 Polymers
8.4.4.1 Historical Trend (2018-2023)
8.4.4.2 Forecast Trend (2024-2032)
8.4.5 Proteins
8.4.5.1 Historical Trend (2018-2023)
8.4.5.2 Forecast Trend (2024-2032)
8.5 Global Microencapsulation Market by Technology
8.5.1 Coating
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Emulsion
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Spray Technologies
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Dripping
8.5.4.1 Historical Trend (2018-2023)
8.5.4.2 Forecast Trend (2024-2032)
8.5.5 Others
8.6 Global Microencapsulation Market by Application
8.6.1 Pharmaceutical and Healthcare Products
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Home and Personal Care
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Food and Beverages
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Agrochemicals
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Construction
8.6.5.1 Historical Trend (2018-2023)
8.6.5.2 Forecast Trend (2024-2032)
8.6.6 Textiles
8.6.6.1 Historical Trend (2018-2023)
8.6.6.2 Forecast Trend (2024-2032)
8.6.7 Others
8.7 Global Microencapsulation Market by Region
8.7.1 North America
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Europe
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Asia Pacific
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.7.4 Latin America
8.7.4.1 Historical Trend (2018-2023)
8.7.4.2 Forecast Trend (2024-2032)
8.7.5 Middle East and Africa
8.7.5.1 Historical Trend (2018-2023)
8.7.5.2 Forecast Trend (2024-2032)
9 North America Microencapsulation Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Microencapsulation Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Microencapsulation Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Microencapsulation Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Microencapsulation Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Encapsys, LLC
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Ronald T. Dodge Company
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 BASF SE
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Koninklijke DSM N.V.
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Bayer AG
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 International Flavors & Fragrances Inc.
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Givaudan S.A.
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 Balchem Corp.
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 Royal FrieslandCampina N.V.
15.2.9.1 Company Overview
15.2.9.2 Product Portfolio
15.2.9.3 Demographic Reach and Achievements
15.2.9.4 Certifications
15.2.10 Koehler Paper SE
15.2.10.1 Company Overview
15.2.10.2 Product Portfolio
15.2.10.3 Demographic Reach and Achievements
15.2.10.4 Certifications
15.2.11 Lycored Corp.
15.2.11.1 Company Overview
15.2.11.2 Product Portfolio
15.2.11.3 Demographic Reach and Achievements
15.2.11.4 Certifications
15.2.12 AVEKA Group
15.2.12.1 Company Overview
15.2.12.2 Product Portfolio
15.2.12.3 Demographic Reach and Achievements
15.2.12.4 Certifications
15.2.13 Reed Pacific Pty Limited
15.2.13.1 Company Overview
15.2.13.2 Product Portfolio
15.2.13.3 Demographic Reach and Achievements
15.2.13.4 Certifications
15.2.14 Microtek Laboratories, Inc.
15.2.14.1 Company Overview
15.2.14.2 Product Portfolio
15.2.14.3 Demographic Reach and Achievements
15.2.14.4 Certifications
15.2.15 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Microencapsulation Market: Key Industry Highlights, 2018 and 2032
2. Global Microencapsulation Historical Market: Breakup by Coating Material (USD Billion), 2018-2023
3. Global Microencapsulation Market Forecast: Breakup by Coating Material (USD Billion), 2024-2032
4. Global Microencapsulation Historical Market: Breakup by Technology (USD Billion), 2018-2023
5. Global Microencapsulation Market Forecast: Breakup by Technology (USD Billion), 2024-2032
6. Global Microencapsulation Historical Market: Breakup by Application (USD Billion), 2018-2023
7. Global Microencapsulation Market Forecast: Breakup by Application (USD Billion), 2024-2032
8. Global Microencapsulation Historical Market: Breakup by Region (USD Billion), 2018-2023
9. Global Microencapsulation Market Forecast: Breakup by Region (USD Billion), 2024-2032
10. North America Microencapsulation Historical Market: Breakup by Country (USD Billion), 2018-2023
11. North America Microencapsulation Market Forecast: Breakup by Country (USD Billion), 2024-2032
12. Europe Microencapsulation Historical Market: Breakup by Country (USD Billion), 2018-2023
13. Europe Microencapsulation Market Forecast: Breakup by Country (USD Billion), 2024-2032
14. Asia Pacific Microencapsulation Historical Market: Breakup by Country (USD Billion), 2018-2023
15. Asia Pacific Microencapsulation Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Latin America Microencapsulation Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Latin America Microencapsulation Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Middle East and Africa Microencapsulation Historical Market: Breakup by Country (USD Billion), 2018-2023
19. Middle East and Africa Microencapsulation Market Forecast: Breakup by Country (USD Billion), 2024-2032
20. Global Microencapsulation Market Structure
The global microencapsulation market attained a value of USD 12.15 billion in 2023.
The market is projected to grow at a CAGR of 12.95% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 36.34 billion by 2032.
The market is being driven by inflating disposable incomes, changing lifestyles, and the rising focus on healthier diets.
The market is expected to be defined by the ongoing pharmaceutical and nutraceutical advancements to utilise microencapsulation technology, as immunity-boosting supplements are witnessing increased demand.
The major regional markets for microencapsulation are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The various coating materials used in the market are carbohydrates, gums and resins, lipids, polymers, and proteins.
The various technologies of microencapsulation are coating, emulsion, spray technologies, and dripping, among others.
The different applications of microencapsulation include pharmaceutical and healthcare products , home and personal care, food and beverages, agrochemicals, construction, and textiles, among others.
The major players in the market are Encapsys, LLC, Ronald T. Dodge Company, BASF SE, Koninklijke DSM N.V., Bayer AG, International Flavors & Fragrances Inc., Givaudan S.A., Balchem Corp., Royal FrieslandCampina N.V., Koehler Paper SE, Lycored Corp., AVEKA Group, Reed Pacific Pty Limited, and Microtek Laboratories, Inc., among others.
The global microencapsulation market attained a value of about USD 12.15 billion in 2023, driven by the advancements in the pharmaceutical and nutraceutical industries. Aided by growing inclination towards healthier diets, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 12.95% to reach approximately USD 36.34 billion by 2032.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the market. Based on coating materials, the market can be segmented into carbohydrates, gums and resins, lipids, polymers and proteins. The market, based on technology, can be classified into coating, emulsion, spray technologies, and dripping, among others. On the basis of application, the market is divided into pharmaceutical and healthcare products, home and personal care, food and beverages, agrochemicals, construction, and textiles, among others. The major regional markets for microencapsulation are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Encapsys, LLC, Ronald T. Dodge Company, BASF SE, Koninklijke DSM N.V., Bayer AG, International Flavors & Fragrances Inc., Givaudan S.A., Balchem Corp., Royal FrieslandCampina N.V., Koehler Paper SE, Lycored Corp., AVEKA Group, Reed Pacific Pty Limited, and Microtek Laboratories, Inc., among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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