Microencapsulation Market by Technology (Spray, Emulsion, Dripping), Core Material (Pharmaceutical & Healthcare Drugs, Food Additives), Application (Pharmaceuticals, Food & Beverages), Shell material, and Region - Global Forecast to 2022

  • ID: 4392251
  • Report
  • Region: Global
  • 178 Pages
  • Markets and Markets
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The Microencapsulation Market is Projected to Reach USD 10.76 Billion by 2022 from USD 5.71 Billion in 2016, at a CAGR of 11.4% from 2017 to 2022

FEATURED COMPANIES

  • Arcade Beauty
  • Balchem Corporation
  • BASF SE
  • Encapsys LLC.
  • Givaudan SA
  • Koninklijke DSM N.V.
  • MORE

“Microencapsulation market is projected to grow at a CAGR of 11.4%”

The microencapsulation market is projected to reach USD 10.76 billion by 2022, at a CAGR of 11.4% from 2017 to 2022. The market is driven by factors such as an increase in R&D activities for process efficiency to enhance market penetration and greater consumer demand for functional products. Factors such as increasing microencapsulation cost with the adoption of advanced technologies are restraining the market.

“Pharmaceutical & healthcare products segment dominated the market in 2016”

The pharmaceutical & healthcare products segment accounted for the largest market share among the different applications for microencapsulation, in 2016. Microencapsulation is widely used for targeted delivery in the pharmaceuticals sector. The market for microencapsulation in pharmaceutical & healthcare products application is driven by its cost effectiveness and its role in providing the desired function.

“Emulsion technologies segment led the market in 2016”

Emulsion technologies include in situ polymerization, coacervation, and sol-gel encapsulation of which in situ polymerization is the widely used method. In situ polymerization is carried out in oil-in-water types of emulsions. The microcapsules formed by the in situ polymerization are smooth and spherical in shape.

“Pharmaceutical & healthcare drugs core material segment dominated the market in 2016”

Microencapsulation technology is a cost-effective option for increasing the bioavailability of drugs when compared to other technologies. Slow release of drug/extended release/controlled release is an important factor driving the market for drug microencapsulation. Various nutritional elements such as vitamins, minerals, enzymes, lipase, lactase, prebiotics, and probiotics are microencapsulated to achieve the potential benefits and improve efficiency which cannot be achieved by conventional practices.

“Polymers shell material segment dominated the market in 2016”

Polymers of natural and synthetic origin are used as shell materials in microencapsulation. Polymers can be either permeable, semi-permeable, or impermeable. Permeable shells are mainly used for controlled release applications.

“China contributed to the highest market share in the Asia Pacific region in 2016”

The North American region dominated the microencapsulation market in 2016, whereas the Asia Pacific region is projected to grow at the highest CAGR during the forecast period. The increase in R&D activities by the government in Japan as well as private organizations in the rest of the region indicates a high demand for microencapsulation in Asia Pacific. The increase in the number of industrial developments in countries such as India and China is also a contributing factor for the growth of the Asia Pacific market.

The figure below shows the breakdown of the primaries on the basis of company, designation, and region, conducted during the research study. 

  • By Company Type: Tier 1 – 38%, Tier 2 – 42%, and Tier 3 – 20%
  • By Designation: C level – 45%, and D level – 55%
  • By Region: North America – 10%, Europe – 70%, Asia Pacific – 15%, RoW – 5%

Major players such as BASF SE (Germany), Syngenta Crop Protection AG (Switzerland), Royal FrieslandCampina N.V. (Netherlands), Koninklijke DSM N.V. (Netherlands), Givaudan SA (Switzerland), and Firmenich SA (Switzerland) collectively accounted for a majority of share of the global microencapsulation market. Other players in the market include Symrise AG (Germany), International Flavors & Fragrances Inc. (US), Lycored Corp. (UK), Sensient Technologies Corporation (US), Koehler Innovative Solutions (Germany), and Balchem Corporation (US).

Research Coverage:

The report focuses on microencapsulation products for different materials and regions. It aims at estimating the market size and future growth potential of this market across different segments-application, technology, core material, shell material, and region. Furthermore, the report also includes an in-depth competitive analysis of the key players in the market along with their company profiles, competitive leadership mapping, recent developments, and key market strategies.

Reasons to Buy this Report:

  • To get a comprehensive overview of the global microencapsulation market
  • To gain wide-ranging information about the top players in this industry, their product portfolios, and key strategies adopted by them
  • To gain insights of the major countries/regions in which the microencapsulation market is thriving
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FEATURED COMPANIES

  • Arcade Beauty
  • Balchem Corporation
  • BASF SE
  • Encapsys LLC.
  • Givaudan SA
  • Koninklijke DSM N.V.
  • MORE

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.4 Periodization Considered
1.5 Currency Considered
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Breakdown of Primaries
2.2 Market Size Estimation
2.3 Market Breakdown & Data Triangulation
2.4 Research Limitations
2.5 Research Assumptions

3 Executive Summary

4 Premium Insights
4.1 Opportunities in the Microencapsulation Market
4.2 Microencapsulation Market: Key Countries
4.3 Microencapsulation Market, By Core Material & Region
4.4 Developed vs Developing Markets for Microencapsulation
4.5 Microencapsulation Market, By Application & Region

5 Market Overview
5.1 Introduction
5.2 Future Trends
5.2.1 Food Industry
5.3 Market Dynamics
5.3.1 Drivers
5.3.1.1 Increase in Demand for Fortified Food Products With Health Benefits
5.3.1.1.1 Increase in Demand From the Food Industry
5.3.1.1.1.1 Increase in Demand for Use in Functional Food
5.3.1.1.2 Rise in Demand in the Pharmaceutical Industry
5.3.1.1.2.1 Controlled Drug Delivery
5.3.1.1.2.2 Targeted Drug Delivery
5.3.1.2 Rise in Demand From the Agrochemicals Sector
5.3.1.2.1 Controlled Release Technique to Enhance the Efficiency of Agrochemicals
5.3.1.2.2 Controlled Release Application for Convenience in Use
5.3.1.2.3 Reduced Application Cost
5.3.1.2.4 Increase in Environmental Concerns
5.3.1.3 Growth in R&D Activities for Process Efficiency to Enhance Market Penetration
5.3.1.4 Greater Consumer Demand for Functional Products
5.3.1.5 Widespread Applications of Microencapsulation
5.3.1.5.1 Rise in Demand to Enhance Product Functionality
5.3.2 Restraints
5.3.2.1 High Costs Associated With the Microencapsulated Process
5.3.3 Opportunities
5.3.3.1 Development of Advanced Technologies to Tap Niche Markets
5.3.3.1.1 Reduction in Capsule Size and Increase in Bioavailability
5.3.3.1.2 Multi-Component Delivery System
5.3.3.2 Emerging Economies to Provide High Growth Opportunities
5.3.3.2.1 Government Support and Rising Economy in Developing Countries
5.3.4 Challenges
5.3.4.1 Stability of Microencapsulated Ingredients in Varying Atmosphere
5.3.4.2 Regulatory Hindrance
5.3.4.3 Technical Constraints Associated With High Costs
5.3.4.4 Selection of Technology

6 Microencapsulation Market, By Application
6.1 Introduction
6.2 Pharmaceutical & Health Care Products
6.3 Food & Beverages
6.4 Household & Personal Care
6.5 Agrochemicals
6.6 Construction
6.7 Textile
6.8 Others (Energy, Defense & Paper)

7 Microencapsulation Market, By Technology
7.1 Introduction
7.2 Spray Technologies
7.2.1 Spray Drying
7.2.2 Spray Chilling
7.2.3 Centrifugal Extrusion
7.2.4 Spinning Disk/Rotational Suspension Separation
7.3 Emulsion Technologies
7.3.1 in Situ Polymerization
7.3.2 Coacervation
7.3.3 Sol-Gel Encapsulation
7.4 Dripping
7.4.1 Spinning Disk/Rotational Suspension Separation
7.4.2 Centrifugal Extrusion
7.5 Other Technologies

8 Microencapsulation Market, By Core Material
8.1 Introduction
8.2 Phase Change Materials
8.3 Agricultural Inputs
8.4 Food Additives
8.5 Pharmaceutical & Healthcare Drugs
8.6 Fragrances
8.7 Others

9 Microencapsulation Market, By Shell Material
9.1 Introduction
9.2 Polymers
9.3 Gums & Resins
9.4 Lipids
9.5 Carbohydrates
9.6 Proteins

10 Microencapsulation Market, By Region
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 UK
10.3.3 France
10.3.4 Rest of Europe
10.4 Asia Pacific
10.4.1 China
10.4.2 Japan
10.4.3 Rest of Asia Pacific
10.5 Rest of the World (RoW)
10.5.1 South America
10.5.2 Others in RoW

11 Competitive Landscape
11.1 Introduction
11.2 Market Share Analysis
11.3 Competitive Leadership Mapping
11.3.1 Vanguards
11.3.2 Innovators
11.3.3 Dynamic Differentiators
11.3.4 Emerging Companies
11.4 Competitive Benchmarking
11.4.1 Strength of Product Offering (For 25 Companies)
11.4.2 Business Strategy Excellence (For 25 Companies)

12 Company Profiles
(Business Overview, Products Offered, Services Offered, Business Strategy Excellence, Recent Developments)*
12.1 Introduction
12.2 BASF SE
12.3 Syngenta Crop Protection AG
12.4 Royal (Koninklijke) Frieslandcampina N.V.
12.5 Koninklijke DSM N.V.
12.6 Givaudan SA
12.7 Symrise AG
12.8 International Flavors & Fragrances Inc.
12.9 Lycored Corp.
12.10 Koehler Innovative Solutions
12.11 Balchem Corporation
12.12 Encapsys LLC.
12.13 Arcade Beauty

*Details on Business Overview, Products Offered, Services Offered, Business Strategy Excellence, Recent Developments Might Not Be Captured in Case of Unlisted Companies.

13 Appendix
13.1 Discussion Guide
13.2 More Company Developments
13.2.1 New Product & Technology Launches
13.2.2 Expansions & Investments
13.2.3 Acquisitions
13.2.4 Partnerships & Agreement

List of Tables

Table 1 Reasons for Microencapsulation in the Food & Pharmaceutical Industries
Table 2 Trends in the Application of Microcapsules in Various Industries
Table 3 Major Applications of Microencapsulation in Various Industries
Table 4 Microencapsulation Methods, Cores, and Sizes of Capsules
Table 5 Maximum Permissible Residue Level of Formaldehyde in Textiles & Other Products
Table 6 Microencapsulation Methods and Applications
Table 7 Microencapsulation Market Size, By Application, 2015–2022 (USD Million)
Table 8 Microencapsulated Drugs and Biopharmaceutics
Table 9 Pharmaceutical & Healthcare Products: Microencapsulation Market Size, By Region, 2015–2022 (USD Million)
Table 10 Applications of Microencapsulation of Probiotic Bacteria
Table 11 Methods for Encapsulating Food Ingredients
Table 12 Food & Beverage: Microencapsulation Market Size, By Region, 2015–2022 (USD Million)
Table 13 Household & Personal Care: Microencapsulation Market Size, By Region, 2015–2022 (USD Million)
Table 14 Agrochemicals: Microencapsulation Market Size, By Region, 2015–2022 (USD Million)
Table 15 Applications of Microcapsules in Construction Materials
Table 16 Construction: Microencapsulation Market Size, By Region, 2015–2022 (USD Million)
Table 17 Textile: Microencapsulation Market Size, By Region, 2015–2022 (USD Million)
Table 18 Others: Microencapsulation Market Size, By Region, 2015–2022 (USD Million)
Table 19 Technologies for Microencapsulation
Table 20 Microencapsulation Techniques With Their Relative Particle Size Ranges
Table 21 Microencapsulation Market Size, By Technology, 2015–2022 (USD Million)
Table 22 Spray Technologies Market Size, By Region, 2015–2022 (USD Million)
Table 23 Emulsion Technologies Market Size, By Region, 2015–2022 (USD Million)
Table 24 Dripping Market Size, By Region, 2015–2022 (USD Million)
Table 25 Other Technologies Market Size, By Region, 2015–2022 (USD Million)
Table 26 Microencapsulation Process and Applicable Core Material
Table 27 Microencapsulation Market Size, By Core Material, 2015–2022 (USD Million)
Table 28 Phase Change Materials Market Size, By Region, 2015–2022 (USD Million)
Table 29 Agricultural Inputs Market Size, By Region, 2015–2022 (USD Million)
Table 30 Food Additives Market Size, By Region, 2015–2022 (USD Million)
Table 31 Potential Benefits of Microencapsulation of Nutraceuticals
Table 32 Pharmaceutical & Healthcare Drugs Market Size, By Region, 2015–2022 (USD Million)
Table 33 Fragrances Market Size, By Region, 2015–2022 (USD Million)
Table 34 Other Core Materials Market Size, By Region, 2015–2022 (USD Million)
Table 35 Core Materials Used in Microencapsulation
Table 36 Microencapsulation Market Size, By Shell Material, 2015–2022 (USD Million)
Table 37 Polymers Used as Shell Materials in Microencapsulation
Table 38 Microencapsulation Market Size, By Region, 2015–2022 (USD Million)
Table 39 North America: Microencapsulation Market Size, By Country, 2015 - 2022 (USD Million)
Table 40 North America: Microencapsulation Market Size, By Application, 2015 - 2022 (USD Million)
Table 41 North America: Microencapsulation Market Size, By Technology, 2015 - 2022 (USD Million)
Table 42 North America: Microencapsulation Market Size, By Core Material, 2015 - 2022 (USD Million)
Table 43 Maximum Intended Use Levels of Free and Microencapsulated Fish Oil Products*
Table 44 US: Microencapsulation Market Size, By Application, 2015–2022 (USD Million)
Table 45 US: Microencapsulation Market Size, By Technology, 2015 - 2022 (USD Million)
Table 46 Canada: Microencapsulation Market Size, By Application, 2015 - 2022 (USD Million)
Table 47 Canada: Microencapsulation Market Size, By Technology, 2015–2022 (USD Million)
Table 48 Mexico: Microencapsulation Market Size, By Application, 2015–2022 (USD Million)
Table 49 Mexico: Microencapsulation Market Size, By Technology, 2015–2022 (USD Million)
Table 50 Europe: Microencapsulation Market Size, By Country, 2015–2022 (USD Million)
Table 51 Europe: Microencapsulation Market Size, By Application, 2015–2022 (USD Million)
Table 52 Europe: Microencapsulation Market Size, By Technology, 2015–2022 (USD Million)
Table 53 Europe: Microencapsulation Market Size, By Core Material, 2015–2022 (USD Million)
Table 54 Germany: Microencapsulation Market Size, By Application, 2015–2022 (USD Million)
Table 55 Germany: Microencapsulation Market Size, By Technology, 2015–2022 (USD Million)
Table 56 UK: Microencapsulation Market Size, By Application, 2015–2022 (USD Million)
Table 57 UK: Microencapsulation Market Size, By Technology, 2015–2022 (USD Million)
Table 58 France: Microencapsulation Market Size, By Application, 2015–2022 (USD Million)
Table 59 France: Microencapsulation Market Size, By Technology, 2015–2022 (USD Million)
Table 60 Rest of Europe: Microencapsulation Market Size, By Application, 2015–2022 (USD Million)
Table 61 Rest of Europe: Microencapsulation Market Size, By Technology, 2015–2022 (USD Million)
Table 62 Asia Pacific: Microencapsulation Market Size, By Country, 2015–2022 (USD Million)
Table 63 Asia Pacific: Microencapsulation Market Size, By Application, 2015–2022 (USD Million)
Table 64 Asia Pacific: Microencapsulation Market Size, By Technology, 2015–2022 (USD Million)
Table 65 Asia Pacific: Microencapsulation Market Size, By Core Material, 2015–2022 (USD Million)
Table 66 China: Microencapsulation Market Size, By Application, 2015–2022 (USD Million)
Table 67 China: Microencapsulation Market Size, By Technology, 2015–2022 (USD Million)
Table 68 Japan: Microencapsulation Market Size, By Application, 2015–2022 (USD Million)
Table 69 Japan: Microencapsulation Market Size, By Technology, 2015–2022 (USD Million)
Table 70 Rest of Asia Pacific: Microencapsulation Market Size, By Application, 2015–2022 (USD Million)
Table 71 Rest of Asia Pacific: Microencapsulation Market Size, By Technology, 2015–2022 (USD Million)
Table 72 RoW: Microencapsulation Market Size, By Region, 2015 - 2022 (USD Million)
Table 73 RoW: Microencapsulation Market Size, By Application, 2015 - 2022 (USD Million)
Table 74 RoW: Microencapsulation Market Size, By Technology, 2015 - 2022 (USD Million)
Table 75 RoW: Microencapsulation Market Size, By Core Material, 2015 - 2022 (USD Million)
Table 76 South America: Microencapsulation Market Size, By Application, 2015 - 2022 (USD Million)
Table 77 South America: Microencapsulation Market Size, By Technology, 2015 - 2022 (USD Million)
Table 78 Others in RoW: Microencapsulation Market Size, By Application, 2015 - 2022 (USD Million)
Table 79 Others in RoW: Microencapsulation Market Size, By Technology, 2015 - 2022 (USD Million)
Table 80 New Product & Technology Launches, 2012-2015
Table 81 Expansions & Investments, 2012-2017
Table 82 Acquisitions, 2017
Table 83 Partnership & Agreement, 2012-2017

List of Figures

Figure 1 Microencapsulation Market Segmentation
Figure 2 Regional Segmentation: Microencapsulation Market
Figure 3 Research Design: Microencapsulation Market
Figure 4 Market Size Estimation Methodology: Bottom-Up Approach
Figure 5 Market Size Estimation Methodology: Top-Down Approach
Figure 6 Data Triangulation Methodology
Figure 7 Microencapsulation Market Snapshot, By Core Material, 2017 vs 2022 (USD Million)
Figure 8 Asia Pacific is Projected to Be the Fastest-Growing Market for Microencapsulation From 2017 to 2022
Figure 9 Microencapsulation Market Size, By Shell Material, 2017 vs 2022 (USD Million)
Figure 10 Microencapsulation Market Size, By Technology, 2017–2022 (USD Million)
Figure 11 Microencapsulation Market Size, By Application, 2017 vs 2022 (USD Million)
Figure 12 Microencapsulation Market Share (Value), By Region, 2016
Figure 13 Increase in Demand for Functional Products With Health Benefits to Drive the Growth of the Microencapsulation Market
Figure 14 China is Projected to Be the Fastest-Growing Country-Level Market for Microencapsulation From 2017 to 2022
Figure 15 Pharmaceutical & Healthcare Drugs Dominated the Microencapsulation Market, By Core Material, in 2016
Figure 16 Developing Countries are Projected to Witness Higher Growth Rates During the Forecast Period
Figure 17 North America Dominated the Microencapsulation Market in 2016
Figure 18 North America: Microencapsulation Market, By Technology, 2016
Figure 19 Market Dynamics: Microencapsulation Market
Figure 20 Increase in Per Capita Healthcare Expenditure in Major Economies, 2010–2014
Figure 21 Chronic Diseases Were Among the Top 10 Causes of Death in 2015
Figure 22 Microencapsulation Market Size, By Technology, 2017 vs 2022 (USD Million)
Figure 23 Microencapsulation Market Size, By Core Material, 2017 vs 2022 (USD Million)
Figure 24 Microencapsulation Market Size, By Shell Material, 2017 vs 2022 (USD Million)
Figure 25 US Accounted for the Largest Share in the Microencapsulation Market in 2016
Figure 26 North American Microencapsulation Market Snapshot
Figure 27 European Microencapsulation Market Snapshot
Figure 28 Asia Pacific Microencapsulation Market Snapshot
Figure 29 Microencapsulation Market (Global) Competitive Leadership Mapping, 2017
Figure 30 BASF SE: Company Snapshot
Figure 31 Syngenta Crop Protection AG: Company Snapshot
Figure 32 Royal Frieslandcampina N.V.: Company Snapshot
Figure 33 Koninklijke DSM N.V.: Company Snapshot
Figure 34 Givaudan SA: Company Snapshot
Figure 35 Symrise AG: Company Snapshot
Figure 36 International Flavors & Fragrances Inc.: Company Snapshot
Figure 37 Balchem Corporation: Company Snapshot

Note: Product cover images may vary from those shown
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  • Arcade Beauty
  • BASF SE
  • Balchem Corporation
  • Encapsys LLC.
  • Givaudan SA
  • International Flavors & Fragrances Inc.
  • Koehler Innovative Solutions
  • Koninklijke DSM N.V.
  • Lycored Corp.
  • Royal (Koninklijke) Frieslandcampina N.V.
  • Symrise AG
  • Syngenta Crop Protection AG
Note: Product cover images may vary from those shown
6 of 6
Note: Product cover images may vary from those shown
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