A recent
report published by Infinium Global Research on the food encapsulation market
provides an in-depth analysis of segments and sub-segments in the global as well
as regional food encapsulation market. The study also highlights the impact of
drivers, restraints, and macro indicators on the global and regional food
encapsulation market over the short term as well as long term. The report is a
comprehensive presentation of trends, forecasts, and dollar values of the global food
encapsulation market. According to the report, the global food encapsulation
market is projected to grow at a CAGR of 7.86% over the forecast period of
2022-2028.
The value of the food encapsulation marketin 2022 was nearly USD 11 billion and is expected to reach USD 17 billion in 2028 and is expected to be growing with a CAGR of more than 7.86%. Food
encapsulation is an essential tool for improving the delivery of bioactive
molecules and living cells in food ingredients. Food encapsulation helps in
increasing the shelf life and maintaining color and taste as the flavor of
processed foods. It is widely used in industries such as beer, beverages,
confectionery, dairy, meat, poultry, wine, and others. Vitamins and additives
have a higher share in the encapsulation market as they are widely consumed in
functional foods. Among the significant technologies available in the market,
the physical process has experienced more demand in the recent past. Growing
awareness about food encapsulation in improving the color, taste, and flavor is
expected to further augment the market size of food encapsulation globally.
The food
encapsulation market is negatively impacted due to the COVID-19 pandemic due to
supply chain disruptions. There is a need for various raw materials and
formulations for food encapsulation, such as polysaccharides, proteins, lipids,
and emulsifiers. A large volume of raw materials is mainly imported from the
Asia Pacific to various European countries, such as Germany and Poland. During
the pandemic, the international borders were closed, and the government also
set some trade barriers to limit the spread of the virus. This closure of
borders and imposed trade barriers have resulted in the stoppage of imports and
exports, disrupting the production process. Furthermore, the governments of
various regions set some regulations regarding transport bans that have
resulted in short-term disruptions in transporting final products to the
market.
The factors
that drive the global food encapsulation market are an increase in demand for
convenience foods and functional foods. Moreover, growing awareness about food
encapsulation in improving the color, taste, and flavor is expected to further
augment the market size of food encapsulation globally. Presently, the
consumers are becoming more health-conscious; hence the demand for fortified as
well as processed food products that are helpful for health is increasing at a
greater pace. This, in turn, is anticipated to increase the adaptability of
encapsulation technologies in food industries, and it is expected to fuel the
growth of the market over the forecast period. However, the higher cost of
encapsulation technologies is expected to be one of the major restraints in the
global food encapsulation market. Additionally, the growing demand for dietary
supplements for preventive health management practices amid rising healthcare
costs and the increasing burden of lifestyle diseases also drives the market’s
growth. Dietary supplements such as vitamins, minerals, Omega 3, enzymes, and
others, are growing owing to increasing health awareness among consumers.
Ingredients, which are difficult to gain through food, can be fulfilled through
a supplement to meet the dietary requirements, where encapsulation plays a
major role in order to maintaining the taste, color, preservation, and nutrition
of the product. The Asia-Pacific is the fastest-growing market for supplements.
North
America leads the global food encapsulation market, followed by Europe. The
availability of shell materials in abundance drives the North American market.
However, the maturity of the market is slowing it down slightly. In Europe, the
heavy investments by major players in technology development are helping the
market to grow. India and China are driving growth in the Asia-Pacific region,
and it is expected to become the fastest-growing market in the world. In India,
the demand for encapsulation in the food industry drives growth. The major
players in the food encapsulation market are expected to benefit from the
evolution of technology in terms of controlled delivery as well as release
systems.
The report
on the global food encapsulation market covers segments such as core phase, shell
material, and technology. On the basis of the core phase, the sub-markets include
additives, enzymes, minerals, organic acids, prebiotics, probiotics,
sweeteners, vitamins, and others. On the basis of shell material, the
sub-markets include emulsifiers, lipids, polysaccharides, proteins, and shell
materials. On the basis of technology, the sub-markets include chemical
process, physical process, and physical chemical process.
The report
provides profiles of the companies in the market such as Aveka Group, Balchem
Corporation, Cargill Inc, Firmenich Inc, Friesland Campina Kievit, Kerry Group,
Lycored Ltd., National Enzyme Company, Royal DSM, and Symrise AG.
The report
provides deep insights into the demand forecasts, market trends, and micro and
macro indicators. In addition, this report provides insights into the factors driving and restraining the growth in this market. Moreover, The
IGR-Growth Matrix analysis given in the report provides insight into the
investment areas that existing or new market players can consider. The report
provides insights into the market using analytical tools such as Porter’s five
forces analysis and DRO analysis of the food encapsulation market. Moreover, the
study highlights current market trends and provides forecasts for 2022-2028. We
also have highlighted future trends in the market that will affect the demand
during the forecast period. Moreover, the competitive analysis given in each
regional market brings an insight into the market share of the leading players.
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