Global Hybrid Encapsulation Market, By Shell Material (Polysaccharides, Proteins, Lipids, Emulsifiers, Other Shell Materials), Core Phase (Vitamins, Minerals, Enzymes, Organic Acids, Additives, Probiotics, Prebiotics, Essential oils, Other), Application (Dietary Supplements, Functional Food Products, Bakery Products, Confectionery Products, Beverages, Frozen Products, Dairy Products) – Industry Trends and Forecast to 2029
Market Analysis and Size
Several food ingredients are encapsulated to protect them from environmental conditions or to achieve controlled and targeted release of the active ingredient. In other industries, such as pharmaceuticals, encapsulation technology has been a major trend. However, the trend has recently gained traction in the food industry. Several ingredient manufacturers have developed encapsulated products as part of their product offering, and several companies offer this technology as a service for formulating customised products based on the needs of the client.
Data Bridge Market Research analyses that the hybrid encapsulation market was valued at USD 3.3 billion in 2021 and is expected to reach the value of USD 5.06 billion by 2029, at a CAGR of 5.50% during the forecast period of 2022-2029.
Market Definition
Encapsulation is a useful technique for increasing the delivery of living cells and bioactive molecules into foods. The protective shell of encapsulates must be designed with food-grade, biodegradable materials that are effective at forming a barrier between the internal phase and its surroundings.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2019 - 2014)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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Shell Material (Polysaccharides, Proteins, Lipids, Emulsifiers, Other Shell Materials), Core Phase (Vitamins, Minerals, Enzymes, Organic Acids, Additives, Probiotics, Prebiotics, Essential oils, Other), Application (Dietary Supplements, Functional Food Products, Bakery Products, Confectionery Products, Beverages, Frozen Products, Dairy Products)
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Countries Covered
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U.S., Canada, Mexico, Germany, U.K., Italy, France, Spain, Russia, Turkey, Switzerland, Belgium, Netherlands, Denmark, Sweden, Poland, Turkey, rest of Europe, Japan, China, South Korea, India, Australia, Singapore, Japan, Thailand, Indonesia, New Zealand, Vietnam, Thailand, Indonesia, Malaysia, Philippines, rest of Asia-Pacific, South Africa, Kuwait, Qatar, Oman, Saudi Arabia, U.A.E., and rest of the Middle East and Africa, Brazil, Argentina & rest of South America
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Market Players Covered
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ADM (US), Sysco Corporation (US), Conagra Foodservice, Inc. (US), Royal Ridge Fruits (US), Capricorn Food Products India Ltd. (India), ALFA LAVAL (Sweden), Tricom Fruit Products Limited (India), Capuzzo S.r.l. (Italy), Freudenberg Group (Germany), Saraf Foods Ltd (India0, Mysore Fruits (India), Rhodes Food Group (South Africa), Del Monte (US), MANDAR FOOD PRODUCTS (India), AOHATA CORPORATION. (Japan), Reid Produce Co. (US), Speyfruit Ltd. (UK), PACIFIC COAST FRUIT COMPANY (US), Washington Fruit & Produce Co (US)
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Opportunities
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Global Hybrid Encapsulation Market Dynamics
Drivers
- The various benefits offered by encapsulation technology
The various benefits of encapsulation, such as controlled ingredient release are propelling the market expansion of hybrid encapsulation. Improved heat and oxidative resistance, increased shelf-life consistency, and improved end product quality are driving hybrid encapsulation market growth. Furthermore, the encapsulation aids in flavour and odour masking as well as the delivery of precise levels of nutrients, thus driving industry trends. Encapsulation of lively ingredients also provides improved stability in final products and during processing, which is driving the hybrid encapsulation market over the forecast period.
- The growing importance adoption of advanced technologies such as food encapsulation
Furthermore, the market is heavily influenced by shifting consumer dietary preferences. People's changing lifestyles, adoption of advanced technologies such as microencapsulation and nano encapsulation, an increase in the demand for functional food, an increase in the number of health conscious consumers, an improved standard of living coupled with an increase in health consciousness, an increase in shelf life as well as product appeal, and rising occurrences of obesity and diabetes are driving the demand for hybrid encapsulation market.
Opportunity
Furthermore, the rapid growth in global processed and packaged food demand as a result of an increasing preference for convenient and healthy food products is expected to fuel market growth. Furthermore, the development of advanced technologies to tap niche markets, such as reducing capsule size and increasing bioavailability, as well as government support and improving economic conditions in developing countries, will create new opportunities for the hybrid encapsulation market from 2022 to 2029. Furthermore, as consumers' health awareness grows, they prefer tasty, healthy, and convenient foods, which hybrid encapsulation can meet.
Restraints
However, the high cost of encapsulated ingredients, which is preventing mass commercialization, is expected to slow market growth. Lack of market commercialization due to stringent regulations will pose a market challenge for the hybrid encapsulation market during the forecast period.
This hybrid encapsulation market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the Hybrid Encapsulation market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Hybrid Encapsulation Market
The COVID-19 pandemic is expected to have a significant impact on the food encapsulation market due to supply chain disruptions. Polysaccharides, proteins, lipids, and emulsifiers are important raw materials and formulations in the hybrid encapsulation market. Raw materials are imported in large quantities by European countries such as Germany and Poland from Asia Pacific. International border closures and trade barriers have halted all imports and exports, disrupting the manufacturing process. Various small-scale emerging companies for food encapsulation products are found in Asia Pacific countries such as India and China. These businesses source raw materials locally and then export finished goods to both domestic and international markets.
Recent Development
- BASF SE and Sandoz GmbH, a Novartis subsidiary, have agreed to invest at the Kundl/Schaftenau Campus in Austria in April 2021. This agreement allows BASF SE to expand its manufacturing footprint for enzymes and biotechnology products.
- Kerry announced in May 2021 that it will build a purpose-built food technology and innovation centre of excellence in Queensland, Australia.
- Cargill Incorporated will invest USD 100 million in its Indonesian sweetener plant in October 2019 to construct a corn wet mill with a starch dryer to increase starch and sweetener production.
- In November 2021, the company invested Euro 50 million in a new natural food ingredient manufacturing site in Georgia, US, to improve production facilities in the US.
Global Hybrid Encapsulation Market Scope
The hybrid encapsulation market is segmented on the basis of shell material, core phase and application. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Shell material
- Polysaccharides
- Proteins
- Lipids
- Emulsifiers
- Other Shell Materials
Core phase
- Vitamins
- Minerals
- Enzymes
- Organic Acids
- Additives
- Probiotics
- Prebiotics
- Essential oils
- Other
Application
- Dietary Supplements
- Functional Food Products
- Bakery Products
- Confectionery Products
- Beverages
- Frozen Products
- Dairy Products
Hybrid Encapsulation Market Regional Analysis/Insights
The hybrid encapsulation market is analysed and market size insights and trends are provided by country, shell material, core phase and application as referenced above.
The countries covered in the hybrid encapsulation market report are U.S., Canada, Mexico, Germany, U.K., Italy, France, Spain, Russia, Turkey, Switzerland, Belgium, Netherlands, Denmark, Sweden, Poland, Turkey, rest of Europe, Japan, China, South Korea, India, Australia, Singapore, Japan, Thailand, Indonesia, New Zealand, Vietnam, Thailand, Indonesia, Malaysia, Philippines, rest of Asia-Pacific, South Africa, Kuwait, Qatar, Oman, Saudi Arabia, U.A.E., and rest of the Middle East and Africa, Brazil, Argentina & rest of South America.
North America leads the hybrid encapsulation market due to the expansion of the various end product markets in this region. Asia-Pacific is expected to grow at a significant rate from 2022 to 2029, owing to a thriving food industry, rising disposable income, and rising urbanisation.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Hybrid Encapsulation Market Share Analysis
The hybrid encapsulation market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to hybrid encapsulation market.
Some of the major players operating in the hybrid encapsulation market are:
- ADM (US)
- Sysco Corporation (US)
- Conagra Foodservice, Inc. (US)
- Royal Ridge Fruits (US)
- Capricorn Food Products India Ltd. (India)
- ALFA LAVAL (Sweden)
- Tricom Fruit Products Limited (India)
- Capuzzo S.r.l. (Italy)
- Freudenberg Group (Germany)
- Saraf Foods Ltd (India)
- Mysore Fruits (India)
- Rhodes Food Group (South Africa)
- Del Monte (US)
- MANDAR FOOD PRODUCTS (India)
- AOHATA CORPORATION (Japan)
- Reid Produce Co. (US)
- Speyfruit Ltd (UK)
- PACIFIC COAST FRUIT COMPANY (US)
- Washington Fruit & Produce Co (US)
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