Global Microencapsulation Market to Grow at 8.6% During 2023-2028, Impelled by Significant Growth in the Pharmaceutical Industry

November 25, 2021 | Chemical & Materials

The latest report by IMARC Group, titled “Microencapsulation Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 203-2028,” finds that the global microencapsulation market reached a value of US$ 9.6 Billion in 2022. Microencapsulation is the advanced technique of creating shells that can contain active ingredients and compounds. The shell is made of polymeric or non-polymeric materials such as cellulose, ethylene glycol, and gelatin. Microencapsulation is used to store and protect the ingredients from the environment and provide stability to the product. This technique is also generally used for masking the taste, odor, and activity of the encapsulated functional ingredients. Nowadays, microencapsulation has emerged as a promising technique for controlled drug delivery. It also effectively protects the encapsulated agents against degradation, reduces toxicity, improves efficacy and stability, and facilitates administration.

Global Microencapsulation Market Trends:

The market is primarily driven by the significant growth of the pharmaceutical and agrochemical industries. In addition, the rising consumption of omega-3 fatty acids and other nutritional supplements, owing to the growing prevalence of chronic and lifestyle diseases, are propelling the demand for microencapsulation. Besides this, the rising applications of microencapsulation in diverse industries are also contributing to the market growth. For instance, microencapsulation is increasingly utilized to manufacture beauty supplements containing natural ingredients in the cosmetic industry. It is also used in the food and beverage industry to integrate nutrition and flavor with functional and fortified food products. Moreover, extensive investments in research and development (R&D) activities to improve the efficiency of the technology, coupled with the increasing strategic partnerships between industry players and end users, are expected to create a favorable market outlook. Looking forward, the market value is expected to grow at a CAGR of 8.6% during the forecast period (2023-2028).

Market Summary:

Based on the coating material, the market has been segmented into carbohydrates, gums and resins, lipids, polymers, and proteins.
On the basis of the core form, the market has been classified into solid, liquid, and gas.
The market has been categorized based on technology into spray, dripping, emulsion, coating, and other technologies.
On the basis of the application, the market has been segregated into pharmaceutical and healthcare, household and personal care, food and beverages, agrochemicals, construction, textiles, and others.
Region-wise, the market has been divided into North America (the United States and Canada), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others), Latin America (Brazil, Mexico, and others), and Middle East and Africa.
The competitive landscape of the market has been examined, with some of the key players being AVEKA Group, Balchem Inc., BASF SE, Bayer AG, Capsulae, Cargill Incorporated, DuPont de Nemours Inc., Encapsys LLC, Koehler Innovative Solutions, Koninklijke DSM N.V., Lycored Ltd., Reed Pacific Pty Limited, Syngenta Group (China National Chemical Corporation), and TasteTech Ltd.

Report Scope:

Report Features	Details
Base Year of the Analysis	2022
Historical Period	2017-2022
Forecast Period	2023-2028
Units	US$ Billion
Segment Coverage	Coating Material, Core Form, Technology, Application, Region
Region Covered	Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered	United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered	AVEKA Group, Balchem Inc., BASF SE, Bayer AG, Capsulae, Cargill Incorporated, DuPont de Nemours Inc., Encapsys LLC, Koehler Innovative Solutions, Koninklijke DSM N.V., Lycored, Reed Pacific, Syngenta Group (China National Chemical Corporation) and TasteTech
Customization Scope	10% Free Customization
Report Price and Purchase Option	Single User License: US$ 2499 Five User License: US$ 3499 Corporate License: US$ 4499
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us:

IMARC Group
30 N Gould St Ste R
Sheridan, WY 82801 USA – Wyoming
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas: - +1 631 791 1145 | Africa and Europe: - +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

Need more help?

Speak to our experienced analysts for insights on the current market scenarios.
Include additional segments and countries to customize the report as per your requirement.
Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
For further assistance, please connect with our analysts.

Global Microencapsulation Market to Grow at 8.6% During 2023-2028, Impelled by Significant Growth in the Pharmaceutical Industry

Purchase options Year End sale

Single User License ~~$2499~~ $2249
Five User License ~~$3499~~ $2974
Corporate License ~~$4499~~ $3599

Inquire Before Buying

Benefits of Customization

Personalize this research

Triangulate with your data

Get data as per your format and definition

Gain a deeper dive into a specific application, geography, customer, or competitor

Any level of personalization

Speak to an Analyst

Request Brochure

Get in Touch With Us

UNITED STATES

Phone: +1-631-791-1145

INDIA

Phone: +91-120-433-0800

UNITED KINGDOM

Phone: +44-753-713-2163

Email: sales@imarcgroup.com

Client Testimonials

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

The IMARC team was very reactive and flexible with regard to our requests. A very good overall experience. We are happy with the work that IMARC has provided, very complete and detailed. It has contributed to our business needs and provided the market visibility that we required

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.