Food Encapsulation Market Forecasts to 2028 – Global Analysis By Technology (Nanoencapsulation, Macroencapsulation), Method (Chemical, Physical), Application, and By Geography
According to Stratistics MRC, the Global Food Encapsulation Market is accounted for $10.99 billion in 2021 and is expected to reach $21.41 billion by 2028 growing at a CAGR of 10.0% during the forecast period. Encapsulation is an extensively used technology in the food industry for producing engineered products, mostly in functional and specialty food manufacturing, food processing, and product development.
Market Dynamics:
Driver:
Growing demand for encapsulated flavors and colors
The food & beverage industry can maintain the color, taste, and nutritional value of food products along with increasing their shelf-life using encapsulation techniques. The bioactive molecules give an undesirable taste or color to healthy foods, which has boosted the application of food encapsulation in color and taste masking. Furthermore, the increasing demand for flavored food products drives the market for flavor stabilization.
Restraint:
Higher cost for functional food products
The development and commerce aspects of functional food ingredients are complex, expensive, and uncertain. Factors behind the success of product development include technological conditions, consumer demand, and legislative regulatory background. Substantial investment is required for the R&D of a strain to be used for the production of new functional ingredients such as probiotics.
Opportunity:
Development of advanced technologies
Extensive research is carried out for reducing the capsule size for further enhancement of the bioavailability of materials. The increased bioavailability will result in the extensive use of the encapsulation process for a wide range of food products. Hence, it is necessary to focus on reducing the size of the capsule for increasing its utility. The use of the encapsulation technique helps in enhancing the bioavailability of food ingredients.
Threat:
Strict regulations
Strict regulations regarding food processors and compliance with these regulations are acting as a threat to the market. Encapsulated food products are not regulated according to the European labeling requirements.
The microencapsulation segment is expected to be the largest during the forecast period
The microencapsulation segment is estimated to have a lucrative growth as microencapsulation is used to provide an improved quality of ingredients in food products and this technology is used for protecting the core ingredients from interacting with other ingredients while processing the food products and for protecting them from the external environment.
The probiotics segment is expected to have the highest CAGR during the forecast period
The probiotics segment is anticipated to witness the fastest CAGR growth during the forecast period as probiotics offer health benefits by regulating lymphocytes and antibodies and preventing certain cancers by reducing the conversion levels of bile into a carcinogen, a cancer-causing substance.
Region with highest share:
North America is projected to hold the largest market share during the forecast period due to the presence of a large number of players in the region and the growing consumer awareness and demand for functional food products.
Region with highest CAGR:
Asia Pacific is projected to have the highest CAGR over the forecast period owing to the increasing demand for processed food and the flourishing food and beverage industry, rapid urbanization, rising disposable income, and improving living standards.
Key players in the market
Some of the key players profiled in the Food Encapsulation Market include Aveka, Vitablend, Tastetech, Symrise, Blachem Inc., Clextral, Lycored, Kerry, International Flavors & Fragrances Inc. IFF, DSM, Firmenich SA, Encpasys LLC, DuPont, FrieslandCampina, Ingredion, Sensient Technologies Corporation, Cargill, Incorporated, BASF SE, Sphera Encapsulation and Advanced Bionutrition Corp.
Key Developments:
In May 2021, Kerry has announced it will develop a purpose-built food technology and innovation center of excellence in Queensland, Australia.
In April 2021, BASF SE has agreed with Sandoz GmbH to invest at the Kundl/Schaftenau Campus in Austria. This agreement enables BASF SE to further develop its production footprint for enzymes and biotechnology products.
Technologies Covered:
• Nanoencapsulation
• Microencapsulation
• Macroencapsulation
• Hybrid encapsulation
Shell Materials Covered:
• Cellulose
• Proteins
• Emulsifiers
• Melts
• Lipids & Waxes
• Hydrocolloids
• Gum
• Polymers
• Composites
• Polysaccharides
• Carbohydrates
Methods Covered:
• Chemical
• Physical
• Other Physico-Chemical Methods
Applications Covered:
• Taste Masking
• Oxidation
• Flavor Stabilization
• Color Masking
End Users Covered:
• Function Food Products
• Bakery Products
• Fortified Foods
• Dietary Supplements
• Frozen Products
• Confectionery
• Beverages
• Animal Nutrition
• Dairy Products
• Meat, Poultry and Seafoods
Core Phases Covered:
• Water-Soluble
• Vitamins
• Organic Acids
• Sweeteners
• Nutritional Lipids
• Probiotics
• Preservatives
• Prebiotics
• Colors
• Flavors & Essence
• Amino Acids & Peptides
• Other Core Phases
Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
Comprehensive profiling of additional market players (up to 3)
SWOT Analysis of key players (up to 3)
• Regional Segmentation
Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook