Global Macroencapsulation Market
Market Size in USD Billion
CAGR : %
Forecast Period |
2022 –2029 |
Market Size (Base Year) |
USD 11.30 Billion |
Market Size (Forecast Year) |
USD 32.92 Billion |
CAGR |
|
Major Markets Players |
Global Macroencapsulation Market, By Technology (Spray, Emulsion, Dripping), Core Material (Pharma & Healthcare Drugs, PCM, Food Additives, Fragrances), Application (Pharma, Household, Agrochemicals, Textiles), Shell Material (Polymers, Gums & Resins, Liquids, Carbohydrates, Proteins) – Industry Trends and Forecast to 2029.
Macroencapsulation Market Analysis and Size
Macroencapsulation technology is becoming more important for several end user industries, including food, cosmetics, biomedical diagnostics, and drug therapy. The macroencapsulation industry has the potential to provide nutrients to the body which are difficult to obtain by including them in functional food products. This technology is also being used to provide nutraceuticals and to increase the bioavailability of product which have been shown to have therapeutic and disease-prevention properties.
Data Bridge Market Research analyses that the macroencapsulation market was valued at a USD 11.30 billion in 2021 is expected to reach the value of USD 32.92 billion by 2029, at a CAGR of 14.30% during the forecast period of 2022-2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Macroencapsulation Market Scope and Segmentation
Report Metric |
Details |
Forecast Period |
2022 to 2029 |
Base Year |
2021 |
Historic Years |
2020 (Customizable to 2014 - 2019) |
Quantitative Units |
Revenue in USD Billion, Volumes in Units, Pricing in USD |
Segments Covered |
Technology (Spray, Emulsion, Dripping), Core Material (Pharma & Healthcare Drugs, PCM, Food Additives, Fragrances), Application (Pharma, Household, Agrochemicals, Textiles), Shell Material (Polymers, Gums & Resins, Liquids, Carbohydrates, Proteins) |
Countries Covered |
U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America |
Market Players Covered |
Cargill, Incorporated (U.S.), BASF SE (Germany), DuPont (U.S.), DSM (Netherlands), FrieslandCampina (Netherlands), Kerry (Ireland), Ingredion (Switzerland), International Flavors & Fragrances Inc. IFF (U.S.), Symrise (Germany), Sensient Technologies Corporation (U.S.), Blachem Inc. (U.S.), Firmenich S.A. (Switzerland), Vitablend (Netherlands), Advanced Bionutrition Corp (U.S.), Encpasys LLC (U.S.), Clextral (France), Sphera Encapsulation (Italy), Aveka (U.S.), Lycored (Israel), and Tastetech (U.S.) |
Opportunities |
|
Market Definition
Microencapsulation is a process or technique in which the active substances are coated with the extremely small capsules. It is a new technology that has been used in the pharmaceutical, cosmetics, agrochemical, and food industries, used in microorganisms, flavors, acids, oils, vitamins, among others.
Global Macroencapsulation Market Dynamics
Drivers
- Macroencapsulation techniques are progressively being developed and used in a extensive range of industries
Macroencapsulation technology is becoming more important in a variety of fields such as drug therapy, food, biomedical diagnostics and cosmetics. The outstanding features and benefits of macroencapsulation is increasingly being developed due to this it is used in a wide range of industries. These benefits generally include excellent bioavailability of compounds in drug delivery systems because according to analysis approximately half of all drugs formed have major issues due to poor bioavailability. Innovative microencapsulation techniques promote these advantages and have modulated the particle densities to meet specifications for porous and lightweight materials.
- Rising demand of macroncapsulation technology in food and beverage industry
Macroencapsulation is an advanced technology which is well-known in the pharmaceutical sector but due to its significant potential, this technology is used in the food industry. Despite being a relatively new technology, macroencapsulation has rapidly established a strong reputation in the market, and now it is one of the most extensively used technology in the food ab beverages industry. Macroencapsulation has been used in several food applications over the last few years, such as in food production, packaging, transportation, storage, and processing. The rising demand of macroencapsulation in food and beverages industry are expescte to boost the growth rate of the market.
- High usage of macroencapsulation in electronic sector
Increasing deployment of mmacroencapsulation in electronics sector for providing vapor deposition in light emitting diode and the growth of semiconductor industries are some major factor which boost the demand of the macroencapsulation in the market during the forecast period of 2022-2029..
Furthermore, increasing awareness among the consumer regarding the benefits of nutritional supplements will boost the demand for macroencapsulation in the market. Also, rising adoption of advanced technology in the cleaning industry will further increase the demand of the macroencapsulation and expected to drive the market's growth rate during the forecast period of 2022-2029.
Opportunity
- Growth and expansion of pharmaceutical industries
The growing awareness among the consumers regarding the benefits of nutritional supplements and the development and expansion of pharmaceutical industries are boosting the global market growth. For instance, according to study, the global pharmaceutical industry created a revenue of USD 1204.8 billion, and the amount reached and increased 1423.5 in 2021. Furthermore, the pharmaceutical industry is expected to increasingly grow, which in turn, accelerates the market growth all over the globe and create lucrative opportunities for the market.
Restraints
- Issues associated with macroencapsulation market
Hazardous effects of industrial and municipal waste along with increasing demand of aforementioned encapsulation technologies will act as a restraint and challenge the growth of the macroencapsulation market during the forecast period.
Furthermore, growing demand for non-foods as well as safety of the products will further impede market growth.
This macroencapsulation 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 macroencapsulation market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Global macroencapsulation Market Scope
The macroencapsulation market is segmented on the basis of technology, core material, application and shell material. The growth amongst these segments will help you analyze 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.
Technology
- Spray
- Emulsion
- Dripping
Core Material
- Pharma & Healthcare Drugs
- PCM
- Food Additives
- Fragrances
Application
- Pharma
- Household
- Agrochemicals
- Textiles
- Shell Material
- Polymers
- Gums & Resins
- Liquids
- Carbohydrates
- Proteins
Macroencapsulation Market Regional Analysis/Insights
The macroencapsulation market is analysed and market size insights and trends are provided by country, technology, core material, application and shell material as referenced above.
The countries covered in the macroencapsulation market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Europe dominates the macroencapsulation market in terms of market share revenue. This is due to the increasing environmental concern regarding solid & liquid waste from end user industries and the increasing number of domestic players in this region.
Asia-Pacific will expect the fastest growing region during the forecast period of 2022-2029 due to the growth of the food & beverages, chemical, pharmaceutical, and other industries. Furthermore, increasing rapid urbanisation, rising living standards and rising disposable income, mainly in emerging nations such as China and India, are also driving the region's growth.
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 Macroencapsulation Market Share Analysis
The macroencapsulation 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 macroencapsulation market.
Some of the major players operating in the macroencapsulation market are:
- Cargill, Incorporated (U.S.)
- BASF SE (Germany)
- DuPont (U.S.)
- DSM (Netherlands)
- FrieslandCampina (Netherlands)
- Kerry (Ireland)
- Ingredion (Switzerland)
- International Flavors & Fragrances Inc. IFF (U.S.)
- Symrise (Germany)
- Sensient Technologies Corporation (U.S.)
- Blachem Inc. (U.S.)
- Firmenich SA (Switzerland)
- Vitablend (Netherlands)
- Advanced Bionutrition Corp (U.S.)
- Encpasys LLC (U.S.)
- Clextral (France)
- Sphera Encapsulation (Italy)
- Aveka (U.S.)
- Lycored (Israel)
- Tastetech (U.S.)
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Customization Available
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