Product Code: RP-ID-10325431 |
Published Date: 21 Oct 2022 |
Region: NA |
Category: Healthcare & Pharmaceuticals |
Report ID: 10325431
Market Overview:
Food Encapsulation Market (By Core Phase, By Shell Material, By Technology, By Application, By Geography) Global Scenario, Market Size, Outlook, Trend and Forecast, 2015 - 2024
As per the latest report published by Variant Market Research, Global Food Encapsulation Market is estimated to reach $52.4 billion by 2024; growing at a CAGR of 6.8% from 2016 to 2024. Encapsulation is the method of combining enzymes, food ingredients, and other elements into capsules. The encapsulation process improves the stability, safeguards from moisture & heat, and preserves the feasibility of food materials. With widespread acceptance of food encapsulation in various applications such as bakery and confectionery, beverages, functional foods, snacks/convenience foods, meat, poultry and seafoods, and dairy and frozen desserts, it is expected to witness high growth of the market in coming years. Factors such as changing lifestyles, increasing demand of processed and ready-made meal, and increasing investments in the R & D of food preservatives are driving the growth of the food encapsulation market over the forecasted period.
Major factors driving the global food encapsulation market are increasing consumer health awareness, implementation of latest innovations in food technology, increasing functional food market, time limits of consumers, and growing applications of food encapsulation. However, complicated method involved in preserving the stability may hamper the market growth. Furthermore, progressions in encapsulating technology and emergent economies would unfold with numerous growth opportunities in the forecasted years.
Major segments in the global food encapsulation market are core phase, shell material, technology, application, and geography. Core phase comprises vitamins, minerals, enzyme, probiotics, sweeteners, organic acids, preservatives, essential oil, prebiotics, colours, flavour and essence, and other core phases. The market is categorized by shell material as hydrocolloids, lipids, polymers, melts, and other shell materials (composites). Further, technology segment includes microencapsulation, nanoencapsulation, macroencapsulation, and hybrid technology. Bakery and confectionery, beverages, functional foods, snacks/convenience foods, meat, poultry and seafoods, and dairy and frozen desserts are sub segments of the application segment.
Geographically, the market is segmented into North America, Europe, Asia-Pacific and Rest of the World (RoW). The U.S., Mexico and Canada are covered under North America wherein Europe covers UK, Germany, France, Italy, and Rest of Europe. Asia-Pacific covers China, India, Japan, and Rest of Asia-Pacific. Rest of the world (RoW) covers South America, Middle East and Africa.
The key market players operating in the market are LycoRed Limited, Balchem Corporation, FrieslandCampina Kievit GmbH, National Enzyme Company, LIPO Technologies, Symrise AG, Advanced BioNutrition Corporation, GAT Food Essentials GmbH, Kerry Group, and Cargill, Inc., among others.
The key takeaways from the report
The report will provide detailed analysis of Global Food Encapsulation Market with respect to major segments such as core phase, shell material, technology, and application
The report will include the qualitative and quantitative analysis with market estimation over 2015 - 2024 and compound annual growth rate (CAGR) between 2016 and 2024
Comprehensive analysis of market dynamics including factors and opportunities is included in the report
An exhaustive regional analysis of Global Food Encapsulation Market will be provided in the report
Profile of the key players in the Global Food Encapsulation Market will be provided, which include key financials, product & services, new developments and business strategies
Scope of the Global Food Encapsulation Market
Core Phase Segments
Vitamins
Minerals
Enzyme
Probiotics
Sweeteners
Organic Acids
Preservatives
Essential Oil
Prebiotics
Colours
Flavour and Essence
Other Core Phases
Shell Material Segments
Hydrocolloids
Lipids
Polymers
Melts
Other Shell Materials (Composites)
Technology Segments
Microencapsulation
Nanoencapsulation
Macroencapsulation
Hybrid Technology
Application Segments
Bakery and Confectionery
Beverages
Functional Foods
Snacks/Convenience Foods
Meat, Poultry and Seafoods
Dairy and Frozen Desserts
Geography Segments
North America
U.S
Mexico
Canada
Europe
UK
Germany
France
Italy
Rest of Europe
Asia-Pacific
China
India
Japan
Rest of Asia-Pacific
Rest of the World
South America
Middle East
Africa
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