Press release
Food Encapsulation Market Size, Share, Growth, Demand And Global Trends 2024 To 2033
Food Encapsulation Market
The Business Research Company offers in-depth market insights through Food Encapsulation Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
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 in the historic period can be attributed to growing consumer awareness, rising demand for convenience foods, health and wellness trends, increasing consumer demand for functional foods, growing 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 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, emphasis on sustainable and natural ingredients. Major trends in the forecast period include advancements in encapsulation technologies, technological advancements in encapsulation techniques, rising preference for convenience foods, sustainability concerns, customization and personalization.
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Market Segmentation:
The food encapsulation market covered in this report is segmented -
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
Major Driver - Increasing Demand For Fortified And Functional Foods Boosts The Food Encapsulation Market
The rising demand for fortified and functional foods is expected to propel the growth of the food encapsulation market. Fortified food has added nutrients that do not occur in the food naturally. Functional food reduces the risk of disease and promotes optimal health beyond basic nutrition. Fortified and functional foods are widely used in the food encapsulation market, as they offer added nutrients or healthy ingredients. For instance, in February 2023, Switzerland-based food and beverage processing company, Nestle, delivered 124.6 billion fortified servings of food and beverages through their popular brands, including Bear Brand, Cerevita, and Maggi.
Competitive Landscape:
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.
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Top Trend - Smart Nanocarriers In The Food Encapsulation Market
Major companies operating in the food encapsulation market are focused on introducing next-generation solutions, such as smart nanocarriers. Smart nanocarriers are revolutionizing medicine by providing a smarter, more targeted way to deliver drugs and other therapeutic agents. For instance, in November 2022, Nulixir Inc., a US-based business-to-business (B2B) nanobiotechnology company launched nanovesicles. Nanovesicles are smart nanocarriers designed to boost the bioavailability of functional ingredients, mask their flavors, and control their release kinetics in the body. Nanovesicles revolutionize the food and beverage industry by optimizing the functionality of ingredients and addressing consumer demands for cleaner, greener, and healthier products. These technology for nanovesicles aims to address challenges such as taste, solubility, stability, and bioavailability of functional ingredients.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Food Encapsulation Market Characteristics
3. Food Encapsulation Market Trends And Strategies
4. Food Encapsulation Market - Macro Economic Scenario
5. Food Encapsulation Market Size And Growth
…..
27. Food Encapsulation Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialize in various industries including manufacturing, healthcare, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries.
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