The global microencapsulation market size is anticipated to reach USD 25,974.0 million by 2030, registering a CAGR of 10.3% from 2023 to 2030. The market is anticipated to be driven by growing demand for flavors, fragrances, essential oils, minerals, vitamins, enzymes, and bioactive compounds in food and beverage products specifically in emerging economies.
Furthermore, the introduction of new fibers by the global players in the market is expected to raise the demand for microencapsulation during the forecast period. For instance, a composite fiber called Crabyon from chitosan that Pozzi Electra had created is well-known for its therapeutic capabilities. In addition, Solvay launched Emana a polyamide 6.6 yarn containing bioactive mineral crystals in its polymer matrix. A specialty yarn Nil it breeze manufactured by Nilit was designed for the summer season, to create soft touch, with a unique cooling effect. These cosmeto textiles are expected to drive market growth during the forecast period.
The presence of manufacturing bases in the U.S. of pharmaceuticals, food & beverages, home & personal care such as Johnson & Johnson, Pfizer, Merck & Co. and Cargill are expected to augment novel drug delivery systems, efficient drug development and food additives demand, which in turn is expected to fuel the technology growth during the forecast period.
An efficient method for regulating the release characteristics of active substances that increases the usefulness of cosmeto textiles is called microencapsulation technology. The growing trend in enhancing beauty through health means is driving the demand for microencapsulated phase change materials for special functionalities such as perfuming, cleansing, changing appearance, refreshing, relaxing, and protection.
Microencapsulation manufacturers are seeking collaborations, mergers, and acquisitions to develop advanced and innovative solutions. In addition, manufacturers are also adopting several strategies like new product development, and geographical expansion, to enhance their market penetration and cater to end-use industries. For instance, Capsulae signed a partnership with Ecomeris, a French R&D centered company, involved in microencapsulation technologies.
Through these technologies and commercial partnerships, companies are aiming at developing microencapsulation technologies and formulations to provide bio-based innovative solutions. The partnership is likely to meet the expectation of their customers and accelerate their development in the areas of agriculture, food, environment, detergents, cosmetics, and animal health.
Furthermore, the introduction of new fibers by the global players in the market is expected to raise the demand for microencapsulation during the forecast period. For instance, a composite fiber called Crabyon from chitosan that Pozzi Electra had created is well-known for its therapeutic capabilities. In addition, Solvay launched Emana a polyamide 6.6 yarn containing bioactive mineral crystals in its polymer matrix. A specialty yarn Nil it breeze manufactured by Nilit was designed for the summer season, to create soft touch, with a unique cooling effect. These cosmeto textiles are expected to drive market growth during the forecast period.
The presence of manufacturing bases in the U.S. of pharmaceuticals, food & beverages, home & personal care such as Johnson & Johnson, Pfizer, Merck & Co. and Cargill are expected to augment novel drug delivery systems, efficient drug development and food additives demand, which in turn is expected to fuel the technology growth during the forecast period.
An efficient method for regulating the release characteristics of active substances that increases the usefulness of cosmeto textiles is called microencapsulation technology. The growing trend in enhancing beauty through health means is driving the demand for microencapsulated phase change materials for special functionalities such as perfuming, cleansing, changing appearance, refreshing, relaxing, and protection.
Microencapsulation manufacturers are seeking collaborations, mergers, and acquisitions to develop advanced and innovative solutions. In addition, manufacturers are also adopting several strategies like new product development, and geographical expansion, to enhance their market penetration and cater to end-use industries. For instance, Capsulae signed a partnership with Ecomeris, a French R&D centered company, involved in microencapsulation technologies.
Through these technologies and commercial partnerships, companies are aiming at developing microencapsulation technologies and formulations to provide bio-based innovative solutions. The partnership is likely to meet the expectation of their customers and accelerate their development in the areas of agriculture, food, environment, detergents, cosmetics, and animal health.
Microencapsulation Market Report Highlights
- The demand for pharmaceutical & healthcare applications accounted for 65.7% of the global revenue share in 2022 due to the several benefits offered by the technique including taste and odor masking, protection of drugs from the environment, particle size reduction, continuous drug delivery, and cell encapsulation are the methods used to improve the solubility of medications that are difficult to dissolve
- The demand for the carbohydrates coating material segment accounted for a 20.0% share of the global revenue in 2022. Due to their low viscosities at high solids contents and superior solubility, carbohydrate coating materials are regarded as decent encapsulating agents and this is anticipated to drive demand for them during the forecast period
- The coating technology segment accounted for a 16.0% share of the global revenue in 2022. Owing to the microencapsulation of relatively large particles is encapsulated using the pan coating technique. The coating technologies are extensively used to encapsulate pharmaceuticals and food products
- North America accounted for 36.9% of the global revenue share in 2022. The demand for the technology in the country is driven by its increasing use in the food & beverage industry for flavors, fragrances, colorants, and manufacturing of functional foods. The major players are actively involved in research & development to develop new coating materials in compliance with North American regulations which is likely to complement the demand for microencapsulation during the forecast period.
- Balchem Company acquired Innovative Food Processors (IFP), Inc., a producer of microencapsulated and agglomerated nutrition and food additives. The headquarters of IFP are in Minnesota, USA. The business produces high-performance powders and encapsulates to help its customers improve the flavor and functionality of their food and beverage offerings. IFP is a part of Balchem's Health business and Human Nutrition division, which also includes the Pharma and Nutrition business unit, which offers value-added nutrition items like Albion minerals and VitaCholine.
Table of Contents
Chapter 1. Methodology and Scope1.1. Research Methodology
1.2. Research Scope and Assumptions
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. Internal Database
1.3.3. Secondary Sources & Third-Party Perspectives
1.3.4. Primary Research
1.4. Information Analysis
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segmental Outlook
2.3. Competitive Insights
Chapter 3. Microencapsulation Market Variables, Trends, & Scope
3.1. Market Lineage Outlook
3.2. Market Segmentation & Scope
3.3. Penetration & Growth Prospect Mapping
3.4. Industry Value Chain Analysis
3.4.1. Raw Material Outlook
3.4.2. Manufacturing & Technology Trends
3.5. Regulatory Framework
3.6. Microencapsulation Market - Market dynamics
3.6.1. Market Driver Analysis
3.6.2. Market Restraint Analysis
3.6.3. Market Opportunity Analysis
3.7. Industry Analysis Tools: Microencapsulation Market
3.7.1. Porter’s Analysis
3.7.2. Macroeconomic Analysis
3.8. Economic Mega Trend Analysis
Chapter 4. Microencapsulation Market: Application Estimates & Trend Analysis
4.1. Microencapsulation Market: Application Outlook
4.2. Microencapsulation Market: Application Movement Analysis, 2022 & 2030
4.3. Pharmaceutical & Healthcare products
4.3.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
4.4. Home & Personal Care
4.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
4.5. Food & Beverages
4.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
4.6. Agrochemicals
4.6.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
4.7. Construction
4.7.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
4.8. Textile
4.8.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
4.9. Others
4.9.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
Chapter 5. Microencapsulation Market: Technology Estimates & Trend Analysis
5.1. Microencapsulation Market: Technology Outlook
5.2. Microencapsulation Market: Technology Movement Analysis, 2022 & 2030
5.3. Coating
5.3.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
5.4. Emulsion
5.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
5.5. Spray technologies
5.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
5.6. Dripping
5.6.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
5.7. Others
5.7.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
Chapter 6. Microencapsulation Market: Coating Material Estimates & Trend Analysis
6.1. Microencapsulation Market: Coating Material Outlook
6.2. Microencapsulation Market: Coating Material Movement Analysis, 2022 & 2030
6.3. Coating
6.3.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
6.4. Emulsion
6.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
6.5. Spray technologies
6.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
6.6. Dripping
6.6.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
6.7. Others
6.7.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
Chapter 7. Microencapsulation Market: Regional Estimates & Trend Analysis
7.1. Regional Movement Analysis & Market Share, 2022 & 2030
7.2. North America
7.2.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
7.2.2. U.S.
7.2.2.1. Macroeconomic Outlook
7.2.2.2. Market estimates and forecasts, 2018 - 2030 (USD Million)
7.2.3. Canada
7.2.3.1. Macroeconomic Outlook
7.2.3.2. Market estimates and forecasts, 2018 - 2030 (USD Million)
7.2.4. Mexico
7.2.4.1. Macroeconomic Outlook
7.2.4.2. Market estimates and forecasts, 2018 - 2030 (USD Million)
7.3. Europe
7.3.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
7.3.2. Germany
7.3.2.1. Macroeconomic Outlook
7.3.2.2. Market estimates and forecasts, 2018 - 2030 (USD Million)
7.3.3. France
7.3.3.1. Macroeconomic Outlook
7.3.3.2. Market estimates and forecasts, 2018 - 2030 (USD Million)
7.3.4. U.K.
7.3.4.1. Macroeconomic Outlook
7.3.4.2. Market estimates and forecasts, 2018 - 2030 (USD Million)
7.3.5. Italy
7.3.5.1. Macroeconomic Outlook
7.3.5.2. Market estimates and forecasts, 2018 - 2030 (USD Million)
7.3.6. Spain
7.3.6.1. Macroeconomic Outlook
7.3.6.2. Market estimates and forecasts, 2018 - 2030 (USD Million)
7.3.7. Russia
7.3.7.1. Macroeconomic Outlook
7.3.7.2. Market estimates and forecasts, 2018 - 2030 (USD Million)
7.4. Asia Pacific
7.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
7.4.2. China
7.4.2.1. Macroeconomic Outlook
7.4.2.2. Market estimates and forecasts, 2018 - 2030 (USD Million)
7.4.3. India
7.4.3.1. Macroeconomic Outlook
7.4.3.2. Market estimates and forecasts, 2018 - 2030 (USD Million)
7.4.4. Japan
7.4.4.1. Macroeconomic Outlook
7.4.4.2. Market estimates and forecasts, 2018 - 2030 (USD Million)
7.4.5. South Korea
7.4.5.1. Macroeconomic Outlook
7.4.5.2. Market estimates and forecasts, 2018 - 2030 (USD Million)
7.4.6. Australia
7.4.6.1. Macroeconomic Outlook
7.4.6.2. Market estimates and forecasts, 2018 - 2030 (USD Million)
7.4.7. Malaysia
7.4.7.1. Macroeconomic Outlook
7.4.7.2. Market estimates and forecasts, 2018 - 2030 (USD Million)
7.5. Central & South America
7.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
7.5.2. Brazil
7.5.2.1. Macroeconomic Outlook
7.5.2.2. Market estimates and forecasts, 2018 - 2030 (USD Million)
7.5.3. Argentina
7.5.3.1. Macroeconomic Outlook
7.5.3.2. Market estimates and forecasts, 2018 - 2030 (USD Million)
7.5.4. Chile
7.5.4.1. Macroeconomic Outlook
7.5.4.2. Market estimates and forecasts, 2018 - 2030 (USD Million)
7.6. Middle East & Africa
7.6.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
7.6.2. South Africa
7.6.2.1. Macroeconomic Outlook
7.6.2.2. Market estimates and forecasts, 2018 - 2030 (USD Million)
Chapter 8. Microencapsulation Market: Competitive Analysis
8.1. Recent Developments & Impact Analysis, By Key Market Participants
8.2. Company Categorization
8.3. Participant’s Overview
8.4. Financial Overview
8.5. Product Benchmarking
8.6. Company Market Positioning
8.7. Company Market Share Analysis
8.8. Company Heat Map Analysis
8.9. Strategy Mapping
Chapter 9. Microencapsulation Market: Company Profiles
9.1. Capsulae
9.2. LycoRed Group
9.3. BASF SE
9.4. Balchem
9.5. Encapsys LLC
9.6. AVEKA Group
9.7. Reed Pacific Pty Ltd.
9.8. Microtek Laboratories, Inc.
9.9. TasteTech Ltd.
9.10. GAT Microencapsulation GmbH
9.11. Ronald T. Dodge Co.
9.12. Evonik Industries AG
9.13. Inno Bio Limited
9.14. Bayer AG
9.15. Dow
9.16. 3M
List of Tables
1. Microencapsulation market estimates and forecasts, by application, 2018 - 2030 (USD Million)
2. Microencapsulation market estimates and forecasts, by technology, 2018 - 2030 (USD Million)
3. Microencapsulation market estimates and forecasts, by coating material, 2018 - 2030 (USD Million)
4. U.S. Macroeconomic Outlook
5. Canada Macroeconomic Outlook
6. Mexico Macroeconomic Outlook
7. Germany Macroeconomic Outlook
8. U.K. Macroeconomic Outlook
9. France Macroeconomic Outlook
10. Italy Macroeconomic Outlook
11. Spain Macroeconomic Outlook
12. Russia Macroeconomic Outlook
13. China Macroeconomic Outlook
14. India Macroeconomic Outlook
15. Japan Macroeconomic Outlook
16. Australia Macroeconomic Outlook
17. South Korea Macroeconomic Outlook
18. Malaysia Macroeconomic Outlook
19. Brazil Macroeconomic Outlook
20. Argentina Macroeconomic Outlook
21. Chile Macroeconomic Outlook
22. South Africa Macroeconomic Outlook
23. Recent Developments & Impact Analysis, By Key Market Participants
24. Company Market Share, 2022
25. Company Heat Map Analysis, 2022
26. Key Companies undergoing expansion
27. Key Companies involved in mergers & acquisition
List of Figures
1. Market Segmentation & Scope
2. Information Procurement
3. Data Analysis Models
4. Market Formulation And Validation
5. Data Validating & Publishing
6. Market Snapshot
7. Segment Snapshot
8. Competitive Landscape Snapshot
9. Penetration and Growth Prospect Mapping
10. Value Chain Analysis
11. Market Dynamics
12. Microencapsulation Market PORTER’s Analysis
13. Microencapsulation Market PESTEL Analysis
14. Microencapsulation Market, By Application: Key Takeaways
15. Microencapsulation Market: Application Movement Analysis & Market Share, 2022 & 2030
16. Pharmaceutical & Healthcare products market estimates & forecasts, 2018 - 2030 (USD Million)
17. Home & personal care market estimates & forecasts, 2018 - 2030 (USD Million)
18. Food & beverages market estimates & forecasts, 2018 - 2030 (USD Million)
19. Agrochemicals market estimates & forecasts, 2018 - 2030 (USD Million)
20. Construction market estimates & forecasts, 2018 - 2030 (USD Million)
21. Textile market estimates & forecasts, 2018 - 2030 (USD Million)
22. Others market estimates & forecasts, 2018 - 2030 (USD Million)
23. Microencapsulation Market, By Technology: Key Takeaways
24. Microencapsulation Market: Technology Movement Analysis & Market Share, 2022 & 2030
25. Coating market estimates & forecasts, 2018 - 2030 (USD Million)
26. Emulsion market estimates & forecasts, 2018 - 2030 (USD Million)
27. Spray technologies market estimates & forecasts, 2018 - 2030 (USD Million)
28. Dripping market estimates & forecasts, 2018 - 2030 (USD Million)
29. Others market estimates & forecasts, 2018 - 2030 (USD Million)
30. Microencapsulation Market, By Coating Material: Key Takeaways
31. Microencapsulation Market: Coating Material Movement Analysis & Market Share, 2022 & 2030
32. Carbohydrates market estimates & forecasts, 2018 - 2030 (USD Million)
33. Gums & Resins market estimates & forecasts, 2018 - 2030 (USD Million)
34. Lipids market estimates & forecasts, 2018 - 2030 (USD Million)
35. Polymers market estimates & forecasts, 2018 - 2030 (USD Million)
36. Proteins market estimates & forecasts, 2018 - 2030 (USD Million)
Companies Mentioned
- Capsulae
- LycoRed Group
- BASF SE
- Balchem
- Encapsys LLC
- AVEKA Group
- Reed Pacific Pty Ltd.
- Microtek Laboratories, Inc.
- TasteTech Ltd.
- GAT Microencapsulation GmbH
- Ronald T. Dodge Co.
- Evonik Industries AG
- Inno Bio Limited
- Bayer AG
- Dow
- 3M
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 152 |
| Published | February 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 11896.2 Million |
| Forecasted Market Value ( USD | $ 25974 Million |
| Compound Annual Growth Rate | 10.3% |
| Regions Covered | Global |
| No. of Companies Mentioned | 16 |
