Microencapsulation is a process in which tiny particles or droplets are surrounded by a coating or embedded within a matrix to form small capsules. These capsules can range in size from a few micrometers to a few millimeters and contain active substances such as drugs, fragrances, oils, enzymes, or other ingredients. The main goal of microencapsulation is to protect the core material and control its release under specific conditions. This enhances the stability, effectiveness, and usability of the active substance.
The microencapsulation market consists of sales of microencapsulation by entities (organizations, sole traders and partnerships) that are designed to protect core materials, control their release, enhance stability and improve handling and delivery across various applications. Microencapsulation plays a vital role in industries such as pharmaceuticals, food and beverages, agriculture, personal care and household products.
The global microencapsulation market was valued at $7,015.73 million in 2019 which grew till 2024 at a compound annual growth rate (CAGR) of more than 10.00%.
Expansion Of The Cosmetic And Personal Care Industry
During the historic period, the expansion of the cosmetic and personal care industry supported the growth of the microencapsulation market. Microencapsulation enhances product efficacy by enabling the controlled release of active ingredients, such as moisturizers and anti-aging compounds, ensuring long-lasting benefits and greater consumer satisfaction. It also improves sensory appeal in products like lotions and shampoos. For instance, in August 2024, according to Beauty Matter, a US-based media platform providing insights, news and analysis on the beauty and personal care industry, the personal care industry generated a total gross domestic product (GDP) contribution of £28.1 billion ($36.1 billion), reflecting a 3% year-over-year increase. Additionally, in March 2024, according to the U.S. Census Bureau, a US-based government agency, in the United States, retail sales for health and personal care stores increased by 8.7% (+-0.5%) in December 2023 compared to December 2022. Therefore, the expansion of the cosmetic and personal care industry drove the growth of the microencapsulation market.
Advancing DAO Stability With A New Microencapsulation Format To Tackle Histamine Intolerance
Major companies operating in the microencapsulation market are increasingly investing in advanced technologies like diamine oxidase (DAO) microencapsulation to improve the stability and targeted delivery of active ingredients. Diamine oxidase (DAO) microencapsulation refers to the process of encasing the enzyme DAO within a protective coating or matrix at a microscopic scale. For example, in April 2024, AB Biotek, a UK-based company specializing in fermentation-driven biotechnology and ingredient development launched adiDAO Microencapsulated, a novel ingredient designed to improve the delivery of DAO-an enzyme critical for breaking down dietary histamine. This microencapsulated format addresses key challenges related to DAO's sensitivity to gastric pH and its interactions with other bioactive compounds. By enabling more effective enzyme delivery and combination with additional actives, AB Biotek's innovation represents a major step forward in managing DAO deficiency and supporting treatments for histamine-related conditions.
The global microencapsulation market is fairly fragmented, with a large number of small players operating in the market. The top 10 competitors in the market made up 21.56% of the total market in 2024.
Microencapsulation Global Market Opportunities And Strategies To 2034 from The Business Research Company provides the strategists; marketers and senior management with the critical information they need to assess the global microencapsulation market as it emerges from the COVID-19 shut down.
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Where is the largest and fastest-growing market for microencapsulation? How does the market relate to the overall economy; demography and other similar markets? What forces will shape the market going forward? The microencapsulation market global report from The Business Research Company answers all these questions and many more.
The report covers market characteristics; size and growth; segmentation; regional and country breakdowns; competitive landscape; market shares; trends and strategies for this market. It traces the market's history and forecasts market growth by geography. It places the market within the context of the wider microencapsulation market; and compares it with other markets.
The report covers the following chapters
- Introduction and Market Characteristics- Brief introduction to the segmentations covered in the market, definitions and explanations about the segment by material, by shell material, by technology and by application.
- Key Trends- Highlights the major trends shaping the global market. This section also highlights likely future developments in the market.
- Growth Analysis And Strategic Analysis Framework- Analysis on PESTEL, end use industries, market growth rate, global historic (2019-2024) and forecast (2024-2029, 2034F) market values and drivers and restraints that support and control the growth of the market in the historic and forecast periods, forecast growth contributors and total addressable market (TAM).
- Global Market Size And Growth- Global historic (2019-2024) and forecast (2024-2029, 2034F) market values and drivers and restraints that support and control the growth of the market in the historic and forecast periods.
- Regional And Country Analysis- Historic (2019-2024) and forecast (2024-2029, 2034F) market values and growth and market share comparison by region and country.
- Market Segmentation- Contains the market values (2019-2024) (2024-2029, 2034F) and analysis for each segment by material, by shell material, by technology and by application in the market. Historic (2019-2024) and forecast (2024-2029) and (2029-2034) market values and growth and market share comparison by region market.
- Regional Market Size and Growth- Regional market size (2024), historic (2019-2024) and forecast (2024-2029, 2034F) market values and growth and market share comparison of countries within the region. This report includes information on all the regions Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa and major countries within each region.
- Competitive Landscape- Details on the competitive landscape of the market, estimated market shares and company profiles of the leading players.
- Other Major And Innovative Companies- Details on the company profiles of other major and innovative companies in the market.
- Competitive Benchmarking- Briefs on the financials comparison between major players in the market.
- Competitive Dashboard- Briefs on competitive dashboard of major players.
- Key Mergers and Acquisitions- Information on recent mergers and acquisitions in the market is covered in the report. This section gives key financial details of mergers and acquisitions which have shaped the market in recent years.
- Recent Developments- Information on recent developments in the market covered in the report.
- Market Opportunities And Strategies- Describes market opportunities and strategies based on findings of the research, with information on growth opportunities across countries, segments and strategies to be followed in those markets.
- Conclusions And Recommendations- This section includes recommendations for microencapsulation providers in terms of product/service offerings geographic expansion, marketing strategies and target groups.
- Appendix- This section includes details on the NAICS codes covered, abbreviations and currencies codes used in this report.
Markets Covered:
- 1) By Material: Agricultural Inputs; Food Additives; Pharmaceutical And Healthcare Drugs; Fragrances; Phase Change Material; Other Core Materials
- 2) By Shell Material: Polymers; Gums And Resins; Lipids; Carbohydrates; Protein
- 3) By Technology: Spray Technology; Dripping Technology; Emulsion Technology; Other Technologies
- 4) By Application: Pharmaceutical And Healthcare Products; Food And Beverages; Household And Personal Care Products; Agrochemicals; Construction Material; Textiles; Other Applications
- Companies Mentioned: BASF SE; Balchem Corporation; International Flavors & Fragrances Inc.; Givaudan SA; Koninklijke DSM N.V.
- Countries: China; Australia; India; Indonesia; Japan; South Korea;USA; Canada; Brazil; France; Germany; UK; Italy; Spain; Russia
- Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
- Time-series: Five years historic and ten years forecast.
- Data: Ratios of market size and growth to related markets; GDP proportions; expenditure per capita; microencapsulation indicators comparison.
- Data segmentations: country and regional historic and forecast data; market share of competitors; market segments.
- Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.