According to a new report published by UnivDatos Markets Insights, the Food Encapsulation Market is expected to grow at a CAGR of around 8% from 2022-2028. The analysis has been segmented into Material (Polysaccharides, Emulsifiers, Lipids, Proteins); Technology (Microencapsulation, Nanoencapsulation, Hybrid Encapsulation); Core Phase (Vitamins, Minerals, Enzymes, Organic Acids, Probiotics, Others); Application (Dietary supplements, Function food products, Bakery products, Others); Region/Country.
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The Food Encapsulation market report has been aggregated by collecting informative data on various dynamics such as market drivers, restraints, and opportunities. This innovative report makes use of several analyses to get a closer outlook on the Food Encapsulation market. The Food Encapsulation market report offers a detailed analysis of the latest industry developments and trending factors in the market that are influencing market growth. Furthermore, this statistical market research repository examines and estimates the Food Encapsulation market at the global and regional levels.
Market Overview
Global Food Encapsulation Market growth is anticipated to be significantly influenced by rising health consciousness. Food encapsulation enables food ingredients to retain flavor and eliminate off flavors. Global market growth is anticipated to benefit from consumers' growing choice for convenient and healthful eating. The global market for food encapsulation is anticipated to develop as a result of rising packaged food demand. Global market expansion is predicted to be aided by changing lifestyles and consumer preferences for prepared foods. The expansion of the global market is anticipated to be further fueled by rising applications of food encapsulation in sectors including meat, poultry, drinks, and seafood.
Another significant trend propelling the industry in terms of value sales would be the explosion in the use of new technology. Manufacturers and distributors make the most of the internet to increase consumer knowledge of their goods and services while also generating sales. Various end-user sectors, including those in food & beverage, cosmetics & personal care, and pharmaceutical, use encapsulated food. Conagra, Unilever, ITC, General Mills, Kellogg's, and Nestlé are a few examples of end-user application businesses. Companies like Lantmannen Functional Foods, EW Nutrition, and Lonza utilize encapsulated ingredients in cosmetics and personal care goods. End-user businesses are pumping enormous amounts of money into the expansion of production.
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The Food Encapsulation Market is expected to grow at a steady rate of around 8% owing to the increasing demand for processed and functional food. Food encapsulation is also used in sweets and chewing gum as encapsulated sweeteners, which is predicted to boost the growth of the global industry. The introduction of preservation methods including micro- and nano-encapsulation technologies is anticipated to have a beneficial effect on market growth worldwide.
Some of the major players operating in the market include BASF SE, Koninklijke DSM N.V., Advanced BioNutrition Corp., Cargill Inc., DuPont, Ingredion Inc., GAT Food Essentials GmbH, Encapsys LLC, Frieslandcampina Kievit, and Blachem Inc.
COVID-19 Impact
Due to supply chain interruptions, the COVID-19 pandemic is expected to have a substantial effect on the market for food encapsulation. The global market is heavily reliant on a variety of formulations and raw materials, including proteins, lipids, emulsifiers, and polysaccharides. Germany and Poland are two European nations that import a lot of raw resources from Asia and the Pacific. All imports and exports have been halted as a result of international border closures and trade restrictions, which have disrupted the manufacturing process. The Asia Pacific region is home to a number of small-scale burgeoning food encapsulation product companies, including those in China and India. These businesses purchase local raw materials before exporting the finished goods to both domestic and foreign markets. Short-term transportation limitations as a result of government regulations.
The global Food Encapsulation market report is studied thoroughly with several aspects that would help stakeholders in making their decisions more curated.
· Based on the core phase, the market is segmented into Vitamins, Minerals, Enzymes, Organic Acids, Probiotics, and Others. The steam-generated category witnessed a higher CAGR during the forecast period. The probiotic segment is expected to witness the highest CAGR during the forthcoming years. Microencapsulation allows the combination of probiotics with materials promoting their growth and attachment in the intestine (prebiotics). It is, therefore, possible to develop optimum cocktails of probiotics and prebiotics in a single formulation called “symbiotic.” Many vitamins, plant extracts, and unsaturated fatty acids are of hydrophobic liquids; mixing such compounds in a hydrophilic food powder is done by encapsulation.
· On the basis of application, the market is categorized as Dietary supplements, Function food products, Bakery products, and Others. Among these, bakery products grabbed a considerable market share in 2020. Food encapsulation finds application in bakery items as encapsulated sweeteners, which in turn is expected to augment global market growth. The advent of preservation techniques such as microencapsulation and nanoencapsulation technologies is expected to impact global market growth positively.
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Food Encapsulation Market Geographical Segmentation Includes:
· North America (United States, Canada, and Rest of North America)
· Europe (Germany, United Kingdom, Spain, Italy, France, and the Rest of Europe)
· Asia-Pacific (China, Japan, India, and the Rest of Asia-Pacific)
· Rest of the World
North America is anticipated to grow at a substantial CAGR during the forecast period owing to the growing demand and product innovations in terms of quality, application, and product development. The demand for encapsulation is increasing in the region due to its growing use in the development of several products such as functional and fortified food products, packaged products, and nutraceutical products.
The major players targeting the market include
• BASF SE
• Koninklijke DSM N.V.
• Advanced BioNutrition Corp.
• Cargill Inc.
• DuPont
• Ingredion Inc.
• GAT Food Essentials GmbH
• Encapsys LLC
• Frieslandcampina Kievit
• Blachem Inc.
Competitive Landscape
The degree of competition among prominent global companies has been elaborated by analyzing several leading key players operating worldwide. The specialist team of research analysts sheds light on various traits such as global market competition, market share, most recent industry advancements, innovative product launches, partnerships, mergers, or acquisitions by leading companies in the Food Encapsulation market. The major players have been analyzed by using research methodologies for getting insight views on global competition.
Key questions resolved through this analytical market research report include:
• What are the latest trends, new patterns, and technological advancements in the Food Encapsulation market?
• Which factors are influencing the Food Encapsulation market over the forecast period?
• What are the global challenges, threats, and risks in the Food Encapsulation market?
• Which factors are propelling and restraining the Food Encapsulation market?
• What are the demanding global regions of the Food Encapsulation market?
• What will be the global market size in the upcoming years?
• What are the crucial market acquisition strategies and policies applied by global companies?
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