Microencapsulation Technology Market Size-Share 2021, Analysis by Manufacturers, Competitive Landscape, Future Growth, Strategy and Forecast to 2027 - BASF, 3M, Balchem Corporation

The “Microencapsulation Technology market” research report provides an in-depth analysis of the current’s trends, latest developments, scenarios, market sizes, various drivers, restraints, and major players along with their profile details. The research report offers the historic data for years 2021 and 2027 and also provides the forecast data from years 2021 to 2027 which is based on revenue. With the help of all this information research reports helps the market participants to improve market positions. With the help of all these insights, the Microencapsulation Technology market research report recommends a business strategy for present market participants to strengthen their position in the market.

The data studied for the preparation of the report takes into account the current major players and the major players that will be listed. Industry top players are: BASF, 3M, Balchem Corporation, Aveka, GAT, DSM, Watson Inc, Vantage Specialty Chemicals, Encapsys, TasteTech, Microtek Laboratories, Reed Pacific, Capsulae

Recent Developments

In August 2018, BASF's (Germany) animal nutrition division launched Lucantin NXT product line in the European Union that would gradually be marketed in other countries. The carotenoid formulation would meet the latest regulation that requires ethoxyquin (EQ) to be withdrawn as a stabilizer. 
In October 2018, Koninklijke DSM (Netherlands) opened its second animal nutrition & health premix plant in Jadcherla, India. With this expansion, the company expanded its geographical reach as well as increased its production capacity to cater to the growing demands in the region.

3M has acquired 80 companies, including 5 in the last 5 years. A total of 9 acquisitions came from private equity firms. It has also divested 19 assets. 3M’s largest acquisition to date was in 2019, when it acquired Acelity for $6.7B. It’s largest disclosed sale occurred in 2019, when it sold Kindeva Drug Delivery to Altaris Capital Partners for $650M. 3M has acquired in 22 different US states, and 17 countries. The Company’s most targeted sectors include manufacturing (25%) and medical products (18%).

The Global Microencapsulation Technology Market Size is Projected to Reach at a CAGR of 13% during 2021-2027.

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Market Overview:

The demand for microencapsulation is increasing with the growth in demand for functional and fortified food & pharmaceutical products. Microencapsulation provides integration of minerals, vitamins, flavors, essential oils, and other additives in food products to enhance the functional properties of products. The pharmaceutical sector is also greatly influenced by microencapsulation technologies due to the benefits achieved by the manufacturers. Along with the encapsulation of drugs, other active ingredients such as peptides, proteins, and DNA/RNA molecules are also encapsulated in the pharmaceutical sector to meet the market demand for value-added products. 

Covid-19 Impact and Recovery Analysis:

The number one goal of this Microencapsulation Technology Market document is to provide Quantitative records within charts and graphs. The information regarding market fundamentals is provided purely for the sake of readers. All the readers on the side of stakeholders will understand the market situations and business enterprise environment because it needs to be through this properly-planned Market analysis. It turns smooth to collect the effect of COVID-19 on the market boom through this Microencapsulation Technology market document.

Microencapsulation Technology market Segmentation by Type:

Solid
Liquid
Others

Microencapsulation Technology market Segmentation by Application:

Pharmaceutical & Healthcare
Food & Beverage
Home & Personal Care
Agrochemical
Other

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North America is projected to account for the largest market share during the forecast period

North America constitutes a 36.1% market share of the microencapsulation market. The market for microencapsulation in the North American region is driven by the growing demand and awareness about value-added products for various areas such as nutrition, food, healthcare, and personal care. Due to this awareness and increased demand, companies are focusing on manufacturing functional products with novel technologies such as microencapsulation.

Regional Analysis:

North America (the United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of the Middle East & Africa)

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Significant Features and Key Highlights of the Reports:

– Detailed overview of Microencapsulation Technology Market

– Changing market dynamics of the industry

– In-depth market segmentation by Type, Application etc.

– Historical, current and projected market size in terms of volume and value.

– Recent industry trends and developments

– Competitive landscape of Microencapsulation Technology Market

– Strategies of key players and product offerings

– Potential and niche segments/regions were exhibiting promising growth.

The report gives answers to the following:

What strategies are followed by key players to fight this Covid-19 situation?
What are the essential matters drivers, opportunities, challenges, and dangers of the market will face surviving?
Which are the leading market players in the Microencapsulation Technology industry?
What is the global marketplace's predicted compound annual growth rate (CAGR) during the forecast period (2021-2027)?
What could be the anticipated value of the Microencapsulation Technology marketplace during the forecast period?

The research includes historic data from 2016 to 2021 and forecasts until 2027 which makes the Microencapsulation Technology market report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.

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