Cargill, Symrise AG Profiled in Food Encapsulation Market 2018-2024 | Chief Players - DSM, BASF, Ingredion Incorporated, FrieslandCampina Kievit, Lycored, The Kerry Group, Sensient Technologies Corporation, Balchem Corporation
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2. FrieslandCampina Kievit
3. Royal DSM
4. BASF SE
5. Kerry Group
6. Ingredion Incorporated
7. Lycored Group
8. INTERNATIONAL FLAVOURS & FRAGRANCES I.F.F.(GREAT BRITAIN)LIMITED
9. Symrise AG
10. Sensient Technologies Corporation
11. Balchem Corporation
12. Firmenich SA
13. AVEKA Group
Micro encapsulation generated more than USD 10 billion in 2016. Increased demand for efficient protection and delivery of bioactive compounds will drive growth in this segment. Benefits including precise release of nutrients at the right place and time at economical cost makes has propelled demand.
Rising demand from bakery & confectionery industry to improve taste, flavor and preservation of nutrients has enhanced the food encapsulation industry expansion. Technological advancement in terms of enriching bioavailability of food ingredients will support growth.
Polysaccharides generated over USD 8.5 billion revenue in 2016. The rising demand for polysaccharides as encapsulating matrices to protect sensitive oils and bioactive ingredients will propel the food encapsulation industry growth. Polysaccharides are widely used among manufacturers as they play a crucial role in the microstructure of numerous food products. However, vulnerability of polysaccharides to form toxic products when reacted with peptide core under extreme environmental conditions may hamper segment growth.
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Organic acids are estimated to witness growth over 6% up to 2024. Major benefits including boosting renal health, fighting free radicals, revitalizing the skin and curbing nausea offered by organic acids will drive product demand. Increased preference for sorbic acid in various products owing to its antimicrobial nature will drive food encapsulation market growth. Fumaric acid is projected to gain advantage owing to its nonabsorbent moisture properties which protects flavor degradation.
Chemical & physicochemical process will observe CAGR over 6.5% up to 2024. Key benefits including improved stability during processing and final products will propel segment growth. Increased use of coacervation technique owing to its complete & effective entrapped core material by the specified matrix will propel food encapsulation market size. Significant growth in popularity of co-crystallization technique owing to the use of sucrose as a matrix to avoid crystallization shall provide lucrative opportunities in the coming years.
Asia Pacific will observe over 7.5% growth up to 2024. Rapid growth in the food industry along with increasing demand for functional products are likely to drive the food encapsulation market. Moreover, improving living standards and the growing demand for processed foods will further propel industry size. Rising demand for healthy diet accompanied by changing eating habits are key driving factors of the regional demand.
Shifting focus on product development and innovations to retain and enhance profitability will propel industry growth. For instance, in 2015, researchers from Mexico developed an innovative encapsulated material also called sulforaphane derived from broccoli.
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