Microencapsulation Market Forecast by Technology, Core Material, Application, Shell Material and Region – 2023 - PowerPoint PPT Presentation

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Microencapsulation Market Forecast by Technology, Core Material, Application, Shell Material and Region – 2023


The Global microencapsulation market is estimated to be valued at USD 6.3 billion in 2018 and is projected to reach USD 11.8 billion by 2023, at a CAGR of 11.4% from 2018 to 2023. The increasing applications of microencapsulated products across various industries, the growing demand for pharmaceutical and agrochemical products, and the increasing demand for functional food products are some of the factors driving the growth of the microencapsulation market. Read more: – PowerPoint PPT presentation

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Title: Microencapsulation Market Forecast by Technology, Core Material, Application, Shell Material and Region – 2023

MarketsandMarkets Presents
Microencapsulation Market- Global Forecast 2023
  • The global microencapsulation market was valued
    at USD 6.3 billion in 2018 and is projected to
    reach USD 11.8 billion by 2023 at a CAGR of 11.4
    from 2018 to 2023. The market is driven by
    factors such as the increasing demand for
    fortified food products with health benefits, the
    increasing demand for agrochemicals due to its
    controlled release property, growth in
    construction and construction materials, as well
    as the widespread application in household
    personal care.
  • Browse 87 market data Tables and 48 Figures
    spread through 202 Pages and in-depth TOC
    on "Microencapsulation Market by Technology
    (Spray, Emulsion, Dripping), Core Material
    (Pharma Healthcare Drugs, PCM, Food Additives,
    Fragrances), Application (Pharma, Household,
    Agrochemicals, Textiles), Shell Material, and
    Region - Global Forecast to 2023
  • This report includes a study on the marketing and
    development strategies, along with a study on the
    service portfolios of the leading companies. It
    includes the profiles of leading companies such
    as BASF (Germany), Royal FrieslandCampina
    (Netherlands), Syngenta Crop Protection
    (Switzerland), Koninklijke DSM (Netherlands),
    Givaudan (Switzerland), Firmenich (Switzerland),
    Symrise (Germany), International Flavors
    Fragrances (US), Sensient Technologies (US),
    Lycored Corp. (UK), Balchem Corporation (US),
    Encapsys (US), Arcade Beauty (US), and Koehler
    Innovative Solutions (Germany).
  • The years considered for the study are as
  • Base year 2017
  • Projected year 2023
  • Forecast period 2018 to 2023
  • Download PDF Brochure https//www.marketsandmarke

The pharmaceuticals and healthcare drugs segment,
by application, is estimated to account for the
largest share in 2018 Based on application, the
microencapsulation market is segmented into
pharmaceutical healthcare products, household
personal care products, food beverages,
agrochemicals, textiles, construction materials,
and others. The pharmaceuticals and healthcare
drugs segment is estimated to account for the
largest market share in 2018. The rising demand
for pharmaceutical drugs is expected to drive the
demand for the market. The emulsion technologies
segment, by technology, is estimated to witness
the fastest growth in the microencapsulation
market in 2018 By technology, the
microencapsulation market is segmented into spray
technologies, emulsion technologies, dripping
technologies, and others. The emulsion
technologies segment is projected to record the
highest CAGR. The demand for emulsion
microencapsulation is increasing due to the
simplicity of the process, process safety, and
its cost efficiency. North America is estimated
to dominate the microencapsulation market in
2018 North America accounted for the largest
market share of the microencapsulation market in
2017. The market for microencapsulation in the
North American region is driven by the growing
demand and awareness for value-added products in
various areas such as nutrition, food,
healthcare, and personal care. Due to this
awareness and increased demand, companies are
focusing on manufacturing functional products,
with novel technologies such as
microencapsulation. Make an Inquiry
  • Recent Developments
  • In August 2018, Balchem Corporation (US) acquired
    Bioscreen Technologies, S.r.l. (Italy), a
    manufacturer of fermented and encapsulated feed
    nutrition ingredient. This acquisition would help
    the company to accelerate its growth in the
    animal nutrition health business segment.
  • In August 2018, BASF's (Germany) animal nutrition
    division launched Lucantin NXT product line in
    the European Union that would gradually be
    marketed in other countries. The carotenoid
    formulation would meet the latest regulation that
    requires ethoxyquin (EQ) to be withdrawn as a
  • In October 2018, Koninklijke DSM (Netherlands)
    opened its second animal nutrition health
    premix plant in Jadcherla, India. With this
    expansion, the company expanded its geographical
    reach as well as increased its production
    capacity to cater to the growing demands in the
  • The study involves four major activities to
    estimate the current market size of
    microencapsulation. Exhaustive secondary research
    was done to collect information on the market,
    the peer market, and parent market. The next step
    was to validate these findings, assumptions, and
    sizing with industry experts across the value
    chain through primary research. Both the top-down
    and bottom-up approaches were employed to
    estimate the complete market size. Thereafter,
    market breakdown and data triangulation were used
    to estimate the market size of the segments and
  • Request Sample https//www.marketsandmarkets.com/

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