Microencapsulation Market - Global Forecast to 2023: Development of Advanced Technologies to Tap Niche Markets & Emerging Economies to Provide High Growth Opportunities

Thursday, 21. March 2019 12:15

Dublin, March 21, 2019 (GLOBE NEWSWIRE) -- The "Microencapsulation Market by Technology, Core Material, Application, Shell Material, Region - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.

The global microencapsulation market was valued at USD 6.3 billion in 2018 and is projected to reach USD 11.8 billion by 2023, at a CAGR of 11.4% from 2018 to 2023.

Microencapsulation is used to form a microcapsule, which consists of an active material in the internal phase, surrounded by a coating. The internal phase is called a core, whereas the outer coating is called a shell. The diameter of the microcapsule ranges from as big as 1 mm to several m (micrometers). The shell is used as a protector or controller to the activity of the core material. The market for microencapsulation is growing globally, at a significant pace, due to its wide applications and multiple advantages over other technologies. Some of the major advantages of microencapsulation are the protection of the core material from various environmental conditions, flow control of active ingredient, target specific action, and masking characteristics.

The various active materials used in the core of microcapsules are drugs, enzymes, vitamins, pesticides, flavors, and catalysts, among others. These are encapsulated in various polymeric and non-polymeric materials, such as polyethylene glycols, polymethacrylates, polystyrenes, cellulose, polylactides, polylactide-co-glycolides, gelatin, and acacia.

The microencapsulation technology is used in various applications such as nutrition & pharmaceutical products, food & beverages, household & personal care products, agrochemicals, construction, energy, textile, chemicals, defense, and paper.

The microencapsulation market is diversified and competitive with a large number of players.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights
4.1 Opportunities in the Microencapsulation Market
4.2 Microencapsulation Market: Key Countries
4.3 Microencapsulation Market, By Application and Region
4.4 Microencapsulation Market, By Core Material
4.5 Developed vs. Developing Countries in the Microencapsulation Market
4.6 North America: Microencapsulation Market, By Technology, 2017

5 Market Overview
5.1 Introduction
5.2 Future Trends
5.2.1 Food Industry
5.3 Regulatory Framework Governing the Microencapsulation Market
5.3.1 Codex Alimentarius Commission (CAC)
5.3.1.1 Joint Expert Committee Food and Agriculture (JECFA)
5.3.2 Fda
5.3.3 European Commission
5.4 Countrywide Regulatory Authorities for Microencapsulation in Food
5.5 Market Dynamics
5.5.1 Drivers
5.5.1.1 Increase in Demand for Fortified Food Products With Health Benefits
5.5.1.1.1 Increase in Demand From the Food Industry
5.5.1.1.1.1 Increase in Demand for Use in Functional Food
5.5.1.1.2 Rise in Demand in the Pharmaceutical Industry
5.5.1.1.2.1 Controlled Drug Delivery
5.5.1.1.2.2 Targeted Drug Delivery
5.5.1.2 Rise in Demand From the Agrochemicals Sector
5.5.1.2.1 Controlled Release Technique to Enhance the Efficiency of Agrochemicals
5.5.1.2.2 Controlled Release Application for Convenience in Use
5.5.1.2.3 Reduced Application Cost
5.5.1.2.4 Increase in Environmental Concerns
5.5.1.3 Increased R&D Activities for Process Efficiency to Enhance Market Penetration
5.5.1.4 Increased Consumer Demand for Functional Products
5.5.1.5 Widespread Applications of Microencapsulation
5.5.1.5.1 Rise in Demand to Enhance Product Functionality
5.5.2 Restraints
5.5.2.1 High Cost Associated With the Microencapsulated Process
5.5.3 Opportunities
5.5.3.1 Development of Advanced Technologies to Tap Niche Markets
5.5.3.1.1 Reduction in Capsule Size and Increase in Bioavailability
5.5.3.1.2 Need for Multi-Component Delivery Systems
5.5.3.2 Emerging Economies to Provide High Growth Opportunities
5.5.3.2.1 Government Support and Rising Economy in Developing Countries
5.5.4 Challenges
5.5.4.1 Stability of Microencapsulated Ingredients in A Varying Atmosphere
5.5.4.2 Regulatory Hindrance
5.5.4.3 Technical Constraints Associated With High Costs
5.5.4.4 Selection of Technology
5.6 Value Chain
5.6.1 Introduction
5.6.2 Value Chain Analysis

6 Microencapsulation Market, By Application
6.1 Introduction
6.2 Pharmaceutical & Healthcare Products
6.2.1 Increasing Demand for Controlled Drug Delivery System to Drive the Microencapsulation Market
6.3 Food & Beverages
6.3.1 Increasing Demand for Fortified Food and Beverages to Drive the Microencapsulation Market
6.4 Household & Personal Care Products
6.4.1 Demand for Fragrances and Essential Oils Drives the Market in Household & Personal Care
6.5 Agrochemicals
6.5.1 Controlled Release Technique of Microencapsulation to Enhance the Efficiency of Agricultural Operations
6.6 Construction Materials
6.6.1 Dual Change Temperature Control and Energy Saving to Drive the Microencapsulated PCM Market in Construction
6.7 Textiles
6.7.1 Heat Storage Capacity of PCM to Enhance the Microencapsulation Market in Textiles
6.8 Others

7 Microencapsulation Market, By Technology
7.1 Introduction
7.2 Spray Technologies
7.2.1 Spray Drying
7.2.1.1 Demand for Fortified Food Products is Projected to Drive the Market for Spray Drying Microencapsulation
7.2.2 Spray Chilling
7.2.2.1 Growing Demand for Microencapsulated Food Additives to Drive the Market Demand
7.3 Emulsion Technologies
7.3.1 in Situ Polymerization
7.3.1.1 The Advancement of Polymerization Techniques in Microencapsulated Drugs, Colors & Fragrance Applications
7.3.2 Coacervation
7.3.2.1 Demand for Essential Oils, Flavours and Fragrances is Projected to Drive the Market for Coacervation Technologies
7.3.3 Sol-Gel Encapsulation
7.3.3.1 The Advancement of Sole Gel Encapsulation Techniques in Microencapsulation of Construction Materials to Drive the Market Demand
7.4 Dripping Technologies
7.4.1 Spinning Disk/Rotational Suspension Separation
7.4.1.1 Atomization, High Production, and Scalability to Drive the Demand for Spinning Disk/Rotating Suspension Separation Technique
7.4.2 Centrifugal Extrusion
7.4.2.1 Growing Demand for Microencapsulated Active Ingredients in Pharmaceutical Industry to Drive the Market Growth
7.5 Other Technologies
7.5.1 The Need for Flavor Masking and Nanoencapsulation are Trending in the Market

8 Microencapsulation Market, By Core Material
8.1 Introduction
8.2 Agricultural Inputs
8.2.1 Microencapsulation of Agricultural Inputs Mitigates the Environmental and Health Risks
8.3 Food Additives
8.3.1 Acidulants, Flavoring & Coloring Agents, and Vitamins & Minerals are Largely Encapsulated for Food Fortification
8.4 Pharmaceutical & Healthcare Drugs
8.4.1 Growing Demand for Flavor and Color Masking in Oral Dosages to Drive Microencapsulation Market
8.5 Fragrances
8.5.1 Fragrances to Be the Leading Core Materials in Microencapsulation Market
8.6 Phase Change Materials
8.6.1 Textile and Construction to Drive the PCM Market
8.7 Others
8.7.1 Inks and Carbonless Paper to Drive the Market in Paper Industry

9 Microencapsulation Market, By Shell Material
9.1 Introduction
9.2 Polymers
9.2.1 Polyurea & Melamine Formaldehyde
9.2.1.1 Polyurea/Urethane is the Most Versatile Shell Materials
9.3 GUMS & Resins
9.3.1 The Demand for Food Inclusions Drives the GUMS Market
9.4 Lipids
9.4.1 Increasing Applications in Emulsion Technology Drives the Market for Lipid Shell Material
9.5 Carbohydrates
9.5.1 Cellulose Derivatives are the Largely Used Shell Materials for Food, Pharma, and Cosmetic Applications
9.5.2 Cellulose
9.5.2.1 Organic Components are Preferred in Major Applications
9.6 Proteins
9.6.1 Gelatin-Based Microcapsules to Drive the Protein Shell Material Market

10 Microencapsulation Market, By Region

11 Competitive Landscape
11.1 Overview
11.2 Competitive Leadership Mapping (Overall Market)
11.3 Competitive Benchmarking
11.4 Competitive Leadership Mapping (Start-Up/SME)
11.5 Competitive Benchmarking for Start-Up Companies
11.6 Ranking of Key Players, 2018
11.7 Competitive Scenario

12 Company Profiles
12.1 BASF
12.2 Royal Frieslandcampina
12.3 Syngenta Crop Protection
12.4 Koninklijke Dsm
12.5 Givaudan
12.6 International Flavors & Fragrances
12.7 Symrise
12.8 Sensient Technologies
12.9 Lycored Corp.
12.10 Koehler Innovative Solutions
12.11 Balchem Corporation
12.12 Encapsys
12.13 Arcade Beauty

For more information about this report visit https://www.researchandmarkets.com/research/brd3lv/microencapsulation?w=12

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