Press release
What are the driving factors of Food Encapsulation Market? Cargill, FrieslandCampina Kievit, Ingredion Incorporated, Lycored, IFF, Symrise AG,
Food Encapsulation Market
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.
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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.
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.
Food Encapsulation Market, By Type
• Micro Encapsulation
• Nano Encapsulation
• Hybrid Technology
• Macro Encapsulation
By Shell Material
• Polysaccharides
• Proteins
• Lipids
• Emulsifiers
• Others (waxes)
By Technology
• Physical process
• Atomization
• Spray drying
• Spray chilling
• Spinning disk
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 . Rising demand for healthy diet accompanied by changing eating habits are key driving factors of the regional demand.
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Global industry share is consolidated owing to the presence of few international players in the market. Some of the key players include Cargill, FrieslandCampina Kievit, Ingredion Incorporated, Lycored, International Flavors & Fragrances, Symrise AG, Balchem Corporation, Firmenich, AVEKA. Companies are concentrating on reduction of overhead costs through mergers and collaborations with the technology providers as well as raw material suppliers which will eventually enhance company's economy of scale.
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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