The food encapsulation market size has grown strongly in recent years. It will grow from $39.04 billion in 2023 to $41.76 billion in 2024 at a compound annual growth rate (CAGR) of 7.0%. The growth observed in the historic period can be attributed to factors such as growing consumer awareness, a rising demand for convenience foods, trends in health and wellness, an increasing consumer demand for functional foods, and the overall growth of the food and beverage industry.
The food encapsulation market size is expected to see strong growth in the next few years. It will grow to $54.42 billion in 2028 at a compound annual growth rate (CAGR) of 6.8%. The anticipated growth in the forecast period can be attributed to innovations in ingredients and materials, global population growth, expanding applications in various industries, continued growth in the functional foods market, and an emphasis on sustainable and natural ingredients. Major trends expected during this period include advancements in encapsulation technologies, technological innovations in encapsulation techniques, a rising preference for convenience foods, increasing sustainability concerns, and a focus on customization and personalization.
The growing demand for fortified and functional foods is anticipated to drive the expansion of the food encapsulation market. Fortified foods contain additional nutrients not naturally present in the food, while functional foods aim to reduce the risk of disease and enhance overall health beyond basic nutrition. The food encapsulation market benefits from the widespread use of fortified and functional foods, offering added nutrients or beneficial ingredients. For instance, in February 2023, Nestle, a Switzerland-based food and beverage processing company, reported delivering 124.6 billion fortified servings of food and beverages through popular brands such as Bear Brand, Cerevita, and Maggi.
The rising prevalence of obesity is expected to drive the growth of the food encapsulation market in the future. Obesity, a medical condition characterized by an excess of body fat with negative effects on health, prompts a need for solutions to address related concerns. Food encapsulation plays a role in combating obesity by offering healthier food alternatives, supporting portion control, and enhancing overall nutritional quality. For instance, in May 2023, the Government Digital Service, a UK-based government body, projected that in England, 25.9% of individuals aged 18 and older would be obese in 2021–2022, reflecting a 25.2% increase. Consequently, the escalating prevalence of obesity is a driving force behind the growth of the food encapsulation market.
Technological advancement stands out as a significant and popular trend in the food encapsulation market. Technological advancement involves the discovery of knowledge that drives progress in technology. For example, in February 2022, Givaudan, a Switzerland-based manufacturer of food and flavors, introduced PrimeLock+, a groundbreaking fat encapsulation technology. This innovative technology is designed to reduce 30% of the calories and 75% of the fat content in meat substitutes. The advancements in fat encapsulation not only contribute to calorie and fat reduction but also enhance authenticity and flavor stabilization. This allows companies to create tastier, lower-fat, plant-based products such as burgers, sausages, and meatballs, ultimately improving the overall eating experience.
Major players in the food encapsulation market are concentrating on introducing next-generation solutions, including smart nanocarriers. Smart nanocarriers are transforming the field by providing a more intelligent and targeted approach to delivering drugs and other therapeutic agents. For instance, in November 2022, Nulixir Inc., a US-based business-to-business (B2B) nanobiotechnology company, launched nanovesicles. These smart nanocarriers, known as nanovesicles, are designed to enhance the bioavailability of functional ingredients, mask their flavors, and control their release kinetics in the body. Nanovesicles are revolutionizing the food and beverage industry by optimizing the functionality of ingredients and addressing consumer demands for cleaner, greener, and healthier products. The technology behind nanovesicles aims to tackle challenges such as taste, solubility, stability, and bioavailability of functional ingredients.
In February 2021, International Flavors & Fragrances, Inc. (IFF), a US-based producer of value-added ingredients, completed a merger with the Nutrition and Biosciences Business of DuPont in a deal valued at $7.3 billion. This strategic merger positions IFF to generate ingredients and solutions across various end-markets, including food and beverage, health and wellness, and home and personal care. DuPont Nutrition Biosciences, based in Denmark, is known for its development and production of food and beverage ingredients, enzymes, and bio-based solutions, with a focus on providing food encapsulation solutions as well.
Major companies operating in the food encapsulation market report are Cargill Incorporated, BASF SE, Nippon Steel & Sumitomo Metal Corporation, Mitsubishi Chemical Corporation, Blue California Company, Asahi Kasei Corporation, Sumitomo Chemical Co. Ltd., Fuji Chemical Industry Co. Ltd., E. I. du Pont de Nemours and Company, International Flavors & Fragrances Inc., Kerry Group PLC, Koninklijke DSM N.V., Givaudan SA, Roquette Frères SA, Symrise AG, Firmenich International SA, JRS Japan Resins Industry Co. Ltd., Kurita Water Industries Ltd., Vitablend Nederland B.V., CP Kelco, Balchem Corporation, Lycored Corp., Clextral S.A.S., T. Hasegawa Co. Ltd., Encapsys LLC, Coating Place Inc., Aveka Inc., Tastetech Ltd., GAT Food Essentials, Advanced BioNutrition Corp.
North America was the largest region in the food encapsulation market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the food encapsulation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the food encapsulation market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Food encapsulation involves several key technologies, including microencapsulation, nanoencapsulation, hybrid technology, and macroencapsulation. Microencapsulation is a process designed to reduce volatility, adverse aroma, and reactivity of food products, providing increased stability when exposed to challenging conditions such as heat, light, or moisture. Various shell materials used in food encapsulation include polysaccharides, proteins, lipids, emulsifiers, and other substances. The core phases in food encapsulation encompass minerals, organic acids, vitamins, enzymes, probiotics, additives, essential oils, prebiotics, and other substances. These technologies find applications in diverse sectors such as dietary supplements, functional food products, bakery items, confectionery, beverages, dairy products, and other areas.
The food encapsulation market research report is one of a series of new reports that provides food encapsulation market statistics, including food encapsulation industry global market size, regional shares, competitors with food encapsulation market share, detailed food encapsulation market segments, market trends and opportunities, and any further data you may need to thrive in the food encapsulation industry. This food encapsulation market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The food encapsulation market consists of sales of microencapsulation, nanoencapsulation, hybrid technology, and macro encapsulation. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
The food encapsulation market size is expected to see strong growth in the next few years. It will grow to $54.42 billion in 2028 at a compound annual growth rate (CAGR) of 6.8%. The anticipated growth in the forecast period can be attributed to innovations in ingredients and materials, global population growth, expanding applications in various industries, continued growth in the functional foods market, and an emphasis on sustainable and natural ingredients. Major trends expected during this period include advancements in encapsulation technologies, technological innovations in encapsulation techniques, a rising preference for convenience foods, increasing sustainability concerns, and a focus on customization and personalization.
The growing demand for fortified and functional foods is anticipated to drive the expansion of the food encapsulation market. Fortified foods contain additional nutrients not naturally present in the food, while functional foods aim to reduce the risk of disease and enhance overall health beyond basic nutrition. The food encapsulation market benefits from the widespread use of fortified and functional foods, offering added nutrients or beneficial ingredients. For instance, in February 2023, Nestle, a Switzerland-based food and beverage processing company, reported delivering 124.6 billion fortified servings of food and beverages through popular brands such as Bear Brand, Cerevita, and Maggi.
The rising prevalence of obesity is expected to drive the growth of the food encapsulation market in the future. Obesity, a medical condition characterized by an excess of body fat with negative effects on health, prompts a need for solutions to address related concerns. Food encapsulation plays a role in combating obesity by offering healthier food alternatives, supporting portion control, and enhancing overall nutritional quality. For instance, in May 2023, the Government Digital Service, a UK-based government body, projected that in England, 25.9% of individuals aged 18 and older would be obese in 2021–2022, reflecting a 25.2% increase. Consequently, the escalating prevalence of obesity is a driving force behind the growth of the food encapsulation market.
Technological advancement stands out as a significant and popular trend in the food encapsulation market. Technological advancement involves the discovery of knowledge that drives progress in technology. For example, in February 2022, Givaudan, a Switzerland-based manufacturer of food and flavors, introduced PrimeLock+, a groundbreaking fat encapsulation technology. This innovative technology is designed to reduce 30% of the calories and 75% of the fat content in meat substitutes. The advancements in fat encapsulation not only contribute to calorie and fat reduction but also enhance authenticity and flavor stabilization. This allows companies to create tastier, lower-fat, plant-based products such as burgers, sausages, and meatballs, ultimately improving the overall eating experience.
Major players in the food encapsulation market are concentrating on introducing next-generation solutions, including smart nanocarriers. Smart nanocarriers are transforming the field by providing a more intelligent and targeted approach to delivering drugs and other therapeutic agents. For instance, in November 2022, Nulixir Inc., a US-based business-to-business (B2B) nanobiotechnology company, launched nanovesicles. These smart nanocarriers, known as nanovesicles, are designed to enhance the bioavailability of functional ingredients, mask their flavors, and control their release kinetics in the body. Nanovesicles are revolutionizing the food and beverage industry by optimizing the functionality of ingredients and addressing consumer demands for cleaner, greener, and healthier products. The technology behind nanovesicles aims to tackle challenges such as taste, solubility, stability, and bioavailability of functional ingredients.
In February 2021, International Flavors & Fragrances, Inc. (IFF), a US-based producer of value-added ingredients, completed a merger with the Nutrition and Biosciences Business of DuPont in a deal valued at $7.3 billion. This strategic merger positions IFF to generate ingredients and solutions across various end-markets, including food and beverage, health and wellness, and home and personal care. DuPont Nutrition Biosciences, based in Denmark, is known for its development and production of food and beverage ingredients, enzymes, and bio-based solutions, with a focus on providing food encapsulation solutions as well.
Major companies operating in the food encapsulation market report are Cargill Incorporated, BASF SE, Nippon Steel & Sumitomo Metal Corporation, Mitsubishi Chemical Corporation, Blue California Company, Asahi Kasei Corporation, Sumitomo Chemical Co. Ltd., Fuji Chemical Industry Co. Ltd., E. I. du Pont de Nemours and Company, International Flavors & Fragrances Inc., Kerry Group PLC, Koninklijke DSM N.V., Givaudan SA, Roquette Frères SA, Symrise AG, Firmenich International SA, JRS Japan Resins Industry Co. Ltd., Kurita Water Industries Ltd., Vitablend Nederland B.V., CP Kelco, Balchem Corporation, Lycored Corp., Clextral S.A.S., T. Hasegawa Co. Ltd., Encapsys LLC, Coating Place Inc., Aveka Inc., Tastetech Ltd., GAT Food Essentials, Advanced BioNutrition Corp.
North America was the largest region in the food encapsulation market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the food encapsulation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the food encapsulation market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Food encapsulation involves several key technologies, including microencapsulation, nanoencapsulation, hybrid technology, and macroencapsulation. Microencapsulation is a process designed to reduce volatility, adverse aroma, and reactivity of food products, providing increased stability when exposed to challenging conditions such as heat, light, or moisture. Various shell materials used in food encapsulation include polysaccharides, proteins, lipids, emulsifiers, and other substances. The core phases in food encapsulation encompass minerals, organic acids, vitamins, enzymes, probiotics, additives, essential oils, prebiotics, and other substances. These technologies find applications in diverse sectors such as dietary supplements, functional food products, bakery items, confectionery, beverages, dairy products, and other areas.
The food encapsulation market research report is one of a series of new reports that provides food encapsulation market statistics, including food encapsulation industry global market size, regional shares, competitors with food encapsulation market share, detailed food encapsulation market segments, market trends and opportunities, and any further data you may need to thrive in the food encapsulation industry. This food encapsulation market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The food encapsulation market consists of sales of microencapsulation, nanoencapsulation, hybrid technology, and macro encapsulation. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Table of Contents
1. Executive Summary2. Food Encapsulation Market Characteristics3. Food Encapsulation Market Trends and Strategies32. Global Food Encapsulation Market Competitive Benchmarking33. Global Food Encapsulation Market Competitive Dashboard34. Key Mergers and Acquisitions in the Food Encapsulation Market
4. Food Encapsulation Market - Macro Economic Scenario
5. Global Food Encapsulation Market Size and Growth
6. Food Encapsulation Market Segmentation
7. Food Encapsulation Market Regional and Country Analysis
8. Asia-Pacific Food Encapsulation Market
9. China Food Encapsulation Market
10. India Food Encapsulation Market
11. Japan Food Encapsulation Market
12. Australia Food Encapsulation Market
13. Indonesia Food Encapsulation Market
14. South Korea Food Encapsulation Market
15. Western Europe Food Encapsulation Market
16. UK Food Encapsulation Market
17. Germany Food Encapsulation Market
18. France Food Encapsulation Market
19. Italy Food Encapsulation Market
20. Spain Food Encapsulation Market
21. Eastern Europe Food Encapsulation Market
22. Russia Food Encapsulation Market
23. North America Food Encapsulation Market
24. USA Food Encapsulation Market
25. Canada Food Encapsulation Market
26. South America Food Encapsulation Market
27. Brazil Food Encapsulation Market
28. Middle East Food Encapsulation Market
29. Africa Food Encapsulation Market
30. Food Encapsulation Market Competitive Landscape and Company Profiles
31. Food Encapsulation Market Other Major and Innovative Companies
35. Food Encapsulation Market Future Outlook and Potential Analysis
36. Appendix
Executive Summary
Food Encapsulation Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on food encapsulation market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase
- Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
- Understand how the market has been affected by the coronavirus and how it is responding as the impact of the virus abates.
- Assess the Russia-Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
- Measure the impact of high global inflation on market growth.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis.
- Report will be updated with the latest data and delivered to you with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Where is the largest and fastest growing market for food encapsulation? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report 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 historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Report Scope
Markets Covered:1) By Technology: Micro Encapsulation; Nano Encapsulation; Hybrid Technology; Macro Encapsulation
2) By Shell Material: Polysaccharides; Proteins; Lipids; Emulsifiers; Other Shell Materials
3) By Core Phase: Minerals; Organic Acids; Vitamins; Enzymes; Probiotics; Additives; Essential Oils; Prebiotics; Other Substances;
4) By Application: Dietary Supplements; Functional Food Products; Bakery Products; Confectionery; Beverages; Dairy Products; Other Applications
Key Companies Mentioned: Cargill Incorporated; BASF SE; Nippon Steel & Sumitomo Metal Corporation; Mitsubishi Chemical Corporation; Blue California Company
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
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
Data Segmentation: 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
Delivery Format: PDF, Word and Excel Data Dashboard
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Cargill Incorporated
- BASF SE
- Nippon Steel & Sumitomo Metal Corporation
- Mitsubishi Chemical Corporation
- Blue California Company
- Asahi Kasei Corporation
- Sumitomo Chemical Co. Ltd.
- Fuji Chemical Industry Co. Ltd.
- E. I. du Pont de Nemours and Company
- International Flavors & Fragrances Inc.
- Kerry Group plc
- Koninklijke DSM N.V.
- Givaudan SA
- Roquette Frères SA
- Symrise AG
- Firmenich International SA
- JRS Japan Resins Industry Co. Ltd.
- Kurita Water Industries Ltd.
- Vitablend Nederland B.V.
- CP Kelco
- Balchem Corporation
- Lycored Corp.
- Clextral S.A.S.
- T. Hasegawa Co. Ltd.
- Encapsys LLC
- Coating Place Inc.
- Aveka Inc.
- Tastetech Ltd.
- GAT Food Essentials
- Advanced BioNutrition Corp.
Methodology
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