Food Encapsulation Market Overview :
Global Food Encapsulation Market is estimated to reach $52.4 billion by 2024; growing at a CAGR of 6.8% from 2016 to 2024. Encapsulation of food involves integration of active agents such as enzymes, cells, food ingredients into small capsules. The encapsulation process enhances the stability, protects from moisture & heat, and maintains the viability of food materials. Functional food ingredients are majorly for encapsulation which can be incorporated into food or consumed independently as food. Polysaccharides, proteins, and lipids are most widely used for encapsulation in food applications. The future demand for encapsulated food will continue to expand as the food industry intends to maximize the benefits of additives and bioactive components in foods.
Global Food Encapsulation Market Size and Forecast, 2015 - 2024 (US$ Billion)
Adoption of latest innovations in food technology, rise in consumer health consciousness, expanding functional food market, time constraints of consumers, and increase in applications of food encapsulation are the major factors propelling the growth of the global food encapsulation market. However, long downtime for commercialization and complex process involved in maintaining the stability could hamper the market. Furthermore, advancements in encapsulating technology and emerging markets would create new opportunities for competitors in the coming years.
The global food encapsulation market is segmented on the basis of core phase, shell material, technology, application, and geography. Core phase includes vitamins, minerals, enzyme, probiotics, sweeteners, organic acids, preservatives, essential oil, prebiotics, colours, flavour and essence, and other core phases. Shell material is bifurcated into hydrocolloids, lipids, polymers, melts, and other shell materials (composites). Technology is further categorized as microencapsulation, nanoencapsulation, macroencapsulation, and hybrid technology. Moreover, the market is segmented by application into bakery and confectionery, beverages, functional foods, snacks/convenience foods, meat, poultry and seafoods, and dairy and frozen desserts.
Global Food Encapsulation Market, by Core Phase 2016 Vs 2024
By geography 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.
Global food encapsulation market Regional Revenue % (2016 Vs 2024)
The major market players include Balchem Corporation, FrieslandCampina Kievit GmbH, LycoRed Limited, National Enzyme Company, LIPO Technologies, Symrise AG, Cargill, Inc., Advanced BioNutrition Corporation, GAT Food Essentials GmbH, and Kerry Group, 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
- Organic Acids
- Essential Oil
- Flavour and Essence
- Other Core Phases
Shell Material Segments
- Other Shell Materials (Composites)
- Hybrid Technology
- Bakery and Confectionery
- Functional Foods
- Snacks/Convenience Foods
- Meat, Poultry and Seafoods
- Dairy and Frozen Desserts
- North America
- Rest of Europe
- Rest of Asia-Pacific
- Rest of the World
- South America
- Middle East
Global Food Encapsulation Market Primary Interviews by Geography