PUBLISHER: Acute Market Reports | PRODUCT CODE: 1313751
PUBLISHER: Acute Market Reports | PRODUCT CODE: 1313751
Food encapsulation market is expected to grow at 5.5% by 2031. Encapsulation provides ways and means to protect food components forming cells, enzymes, food ingredients in capsules. Encapsulation in food products is done for protection of sensitive components, preserve and mask proper amount of flavors, minimal nutritional loss, and presence of aroma among others. Basically, food encapsulation involves packing of liquids, gases, and solids in small capsules, ensuring controlled release of components, when required.
Various reasons supporting the demand for encapsulation in food industry include protection of core material to reduce reactivity of air, moisture, light, and other elements in the outer environment, adequate exposure of core material, controlled modifications to the characteristics of the components, masking of flavor or aroma in the product, and others. Food encapsulation allows control on the release mechanism, physical form, composition, particle size and cost involved. Since, all the factors play a pivotal role while a food product is developed; food encapsulation market growth is predicted to increase significantly in the next five to six years.
Increasing consumption of convenience foods and functional foods among consumers has led food manufacturers to develop products catering to the demand for better taste, versatility, flavors and others. Also, the demand for ready-to-eat products is witnessing surge among consumers, which is further anticipated to drive demand for technologies leading to ore shelf-life, ensuring flavor, taste and quality in the final product. Food encapsulation is such technology facilitating to suffice consumer demand for aforementioned factors. Thus, increasing inclination of consumers towards convenience and functional food products is a key factor stimulating food encapsulation market growth. On the other hand, there has been an increasing demand for food encapsulation in nutraceutical products.
With increasing demand for food encapsulation in food products, techniques such as spray drying and glass encapsulation are expected to gain significant traction among food manufacturers.
Advanced BioNutrition Corporation, TasteTech Ltd., Aveka Group, Cargill Inc, ABCO Laboratories Inc, Balchem Corporation, Encapsys Microencapsulation, Blue California, FrieslandCampina Kievit, Firmenich Inc., Lycored Group, Kerry Group, Coating Place Inc., TasteTech Ltd, Sensient Technologies Corporation, BASF SE, Appvion Inc., Firmenich International SA, Givaudan SA, Balchem Corporation, International Flavors & Fragrances Inc., Symrise AG, and Other Notable Players.
This study report represents analysis of each segment from 2021 to 2031 considering 2022 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2023 to 2031.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation ofFood Encapsulation market are as follows:
Micro and macro environment factors that are currently influencing the Food Encapsulation market and their expected impact during the forecast period.
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.
FIG. 11Market Positioning of Key Food Encapsulation Market Players, 2022
FIG. 12Global Food Encapsulation Market - Tier Analysis - Percentage of Revenues by Tier Level, 2022 Versus 2031