Report Description:-
The recent market intelligence report,
published by Data Insights Partner on the microencapsulation market makes an
offering of in-depth analysis of and sub-segments in both the regional and
international market. The research also emphasizes on the impact of drivers,
restraints and macro indicators on the regional and global emulsifier market
over the short as well as long period of time. The report also includes the
benefits and market opportunities presented in this field. Beside this, a
detailed presentation of forecast, trends, and dollar values of the global
market is offered too. In accordance with the report, the microencapsulation market
is projected to expand at a CAGR of 12.9% over the period of forecast period of
2020-2028.
Market Insights, Drivers, Restraints and
Opportunities:-
Microencapsulation is a protective technology of
encapsulating solid, liquid or gas materials into micro
particles with a diameter of 1–1000 ?m and has been
widely used in fields of medicine, cosmetics, food, textile and advanced
materials. The unique and main advantage of microencapsulation lies in that the
core material is completely coated and isolated from external environment. More
importantly, microencapsulation would not affect the properties of the core
materials, provided that proper shell material and preparing method are chosen.
Therefore, microencapsulation is very suitable for improving the stability
of thermochromic mixtures.
After being encapsulated, the thermal stability and the resistances to
leaching, acid and solvent for thermochromic materials would be significantly
enhanced, which obviously extends their application fields.
Rapidly transforming lifestyles towards
healthier regime combined with changing eating habits of individuals are the
primary reason to drive the growth of microencapsulation market. Beside this, expansion
of different types of retail channels and easy transportation and advertisement
campaigns is contributing in the growth of the microencapsulation market size.
The economic growth, rise in disposable income and rapid urbanisation is also
playing a key role as the driver of growth of the said market. Its use in the
improvement of drug delivery and usage in a variety of novel drug
administration practices and ensuring controlled drug distribution is also
helping in expansion of microencapsulation market.
The microencapsulation
market has a huge potential. Though it is expanding very fast day by day, many
things are preventing it from using its full potential. Some of these
restraints are–
? Instability of microencapsulated ingredients in varying environmental
conditions (permeability, cell variability, mechanical stability, controlled
release, targeted delivery, drug stability, and shelf-life need to be optimized
to achieve the stability of microencapsulated ingredients or products which is
very difficult)
? High cost of R&D resources.
? High
manufacturing and transportation cost.
? Lack of
awareness about the availability and benefits of microencapsulation in many
developing countries.
During the forecast period, North America due to the growing demand and awareness about value-added products for various
areas such as nutrition, food, healthcare, and personal care and rising income
is expected to have the most prominent share of the market for microencapsulation. It is also
believed that on the basis of application, the pharmaceutical and healthcare
segment, as it is a cost-effective option for increasing
the bioavailability of drugs, as compared to other technologies, will have the largest share in the
forecast period. Market for spray technology-based microencapsulation is also
expected to rise significantly in the said time and the market of microencapsulation
through both online and offline stores will face a very fast growth for its
rising demand in medical fields.
Segmentation of Microencapsulation Market:-
This market intelligence report on the
microencapsulation market is segmented based on technology, core materials,
coating, application, distributional channel and the country/regions.
By Technology, the microencapsulation market
is segregated into–
§
Spray-based Technology
o Drying
o Cooling
o Others
§
Emulsion-based Technology
o Coacervation
o Sol-gel
Encapsulation
o Others
§
Dripping
o Extrusion
o Spinning
Disk
§
Other Technologies
By Core Materials, the microencapsulation
market is divided into–
§
Phase change materials
§
Pharmaceutical Drugs
§
Food Additives
§
Fragrances
§
Others
By Coating, the microencapsulation market
is differentiated into–
§
Polyvinyl Alcohol
§
Gelatin
§
Ethyl Cellulose
§
Cellulose Acetate Phthalate
§
Others
By Application,
the microencapsulation market is segmented into–
§
Pharmaceuticals & Health Care
§
Food & Beverages
§
Household & Personal Care
§
Textile
§
Chemicals
§
Others
By Distribution
Channel, the microencapsulation am market is segregated into–
§
Hypermarkets and Supermarkets
§
Medical Stores
§
Online
§
Others
By Regional Outlook, the microencapsulation
market is divided into–
§
North America (United States, Canada)
§
Latin America (Brazil, Mexico, Argentina and
other countries)
§
Europe (United Kingdom, France, Germany,
Spain, Italy, Russia, Turkey, Netherlands and other countries)
§
Asia Pacific (Japan, China, India, South
Korea, Singapore, Indonesia, Thailand, Malaysia, Australia, New Zealand and
other countries)
§
Middle East and Africa (GCC, South Africa,
Israel, Arabia, Egypt and other countries)
Profiling of Market Players:-
This business intelligence report
offers profiling of reputed companies that are operating in the market.
Companies such as
§
Givaudan
§
Koninklijke DSM
§
Royal FrieslandCampina
§
BASF
§
Syngenta Crop Protection
§
Firmenich
§
Givaudan
§
Symrise
§
Arcade Beauty
§
Ingredion Incorporation
§
Advanced Bionutrition Corp.
§
Tastetech Encapsulation Solutions
§
International Flavors & Fragrances
§
Sphera Encapsulation
§
Lycored Corp.
§
Sensient Technologies
§
Balchem Corporation
§
Clextral
§
Aveka
§
Koehler Innovative Solutions
§
Ingredion Incorporation
§
Cargill
Other players have been profiled into
detail so as to offer a glimpse of the market leaders. Moreover, parameters
such microencapsulation market
related investment and spending and developments by major players of the market
are tracked in this global report.
Market Competitive Analysis:-
Key
players are adopting strategies such as investing in R&D, new product
launches, expansion in distribution channels to stand out as strong competitors
in the market. Microencapsulation market is a competitive market with
the presence of various global and regional players in the market. The major
players BASF, Royal FrieslandCampina, Syngenta Crop Protection,
Koninklijke DSM, Givaudan, Firmenich, Kerry, Cargill etc. are
trying to gain the market power in their hands by producing the products in low
costs and thus charging low prices and using different kind of marketing
campaigns.
Report Highlights:-
An in-depth analysis of the micro and
macro indicators, market trends, and forecasts of demand is offered by this
business intelligence report. Furthermore, the report offers a vivid picture of
the factors that are steering and restraining the growth of this market across
all geographical segments. In addition to that, Growth Matrix analysis is also
provided in the report so as to share insight of the investment areas that new
or existing market players can take into consideration. Various analytical
tools such as market data analysis, time series and cross section statistical
data analysis has been used in this report to present a clear picture of the
market. The study focuses on the present market trends and provides market
forecast from the year 2020-2028. Emerging trends that would shape the market
demand in the years to come have been highlighted in this report. A competitive
analysis in each of the geographical segments gives an insight into market share
of the global players.
Salient Features:-
Ø This
study offers comprehensive yet detailed analysis of microencapsulation market, size of the market (US$ Mn), and Compound Annual Growth Rate
(CAGR (%)) for the period of forecast: 2020-2028, taking into account 2019 as
the base year.
Ø It explains upcoming revenue opportunities across various market
segments and attractive matrix of investment proposition for the said market.
Ø This market intelligence report on microencapsulation market also offers pivotal insights about various market opportunities,
restraints, drivers, launch of new products, competitive market strategies of
leading market players, emerging market trends, and regional outlook.
Ø Profiling of key market players in the market of microencapsulation is done by taking into account various parameters such as company
strategies, distribution strategies, product portfolio, financial performance,
key developments, geographical presence, and company overview.
Ø The data of this report would allow management authorities and marketers
of microencapsulation companies alike to take informed decision when it comes to launch of
products, government initiatives, marketing tactics and expansion, and
technical up gradation.
Ø The research on the world market for microencapsulation market caters to the needs of various stakeholders pertaining to this
industry, namely suppliers, manufacturers, investors, and distributors for the
market. The research also caters to the rising needs of consulting and research
firms, financial analysts, and new market entrants.
Ø Research methodologies that have been adopted for the purpose of this
study have been clearly elaborated so as to facilitate better understanding of
the reports.
Ø Reports have been made based on the guidelines as mandated by General
Data Protection Regulation.
Ø Ample number of examples and case studies has been taken into
consideration before coming to a conclusion.
Reasons to Buy:-
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v
Comprehensive details on micro
and macro factors that will drive or restrain the growth of market players.
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of the competitors to gain maximum benefits.
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Deep Sector-Specific
Intelligence.
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Identify investors who can
invest in your company or identify the companies to invest in by analysing
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Identify and attract potential
customers by analysing consumer behaviour for every region.
v
Highlights of the competitive
landscape.