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Microencapsulated Food Ingredient Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

The Global Microencapsulated Food Ingredient Market is segmented by Captivation Technology (Spray Technology, Emulsion Technology, Dripping Technology, and Others); by Application (Vitamins and Minerals, Enzymes, Additives, Probiotics and Prebiotics, Essential Oils, and Other Applications); and by Geography.

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Market Snapshot

Global Microencapsulated Food Ingredient Market Summary
Study Period: 2016 - 2026
Base Year: 2021
Fastest Growing Market: Asia Pacific
Largest Market: North America
CAGR: 4.8 %

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Market Overview

The global microencapsulated food ingredient market is projected to record a CAGR of 4.8% during the forecast period (2020 - 2025).

  • The market is primarily driven by the increasing applications of microencapsulated products across various industries, the growing demand for pharmaceutical and agrochemical products and the increasing demand for functional food products.
  • However, the high cost associated with the microencapsulation process, along with the high cost of research and development resources makes it difficult for a large number of market players to adopt the microencapsulation technology in various industries, which is hindering the market growth.

Scope of the report

The microencapsulated food ingredient market is segmented by captivation technology into spray technology, emulsion technology, dripping technology, and others such as coating, physicochemical, and chemical technology; and by application into vitamins and minerals, enzymes, additives, probiotics and prebiotics, essential oils, and other applications. Also, the study provides an analysis of the microencapsulated food ingredient market in the emerging and established markets across the world, including North America, Europe, Asia-Pacific, South America, and the Rest of the World.

By Captivation Technology
Spray technologies
Emulsion technologies
Dripping technologies
Others (Coating, Physicochemical, and Chemical technologies)
By Application
Vitamins and Minerals
Enzymes
Additives
Probiotics and Prebiotics
Essential oils
Other Applications
By Geography
North America
United States
Canada
Mexico
Rest of North America
Europe
Germany
United Kingdom
Russia
France
Spain
Italy
Rest of Europe
Asia-Pacific
China
Japan
Australia
India
Rest of Asia Pacific
South America
Brazil
Argentina
Rest of South America
Rest of the World

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Key Market Trends

Growing Demand for Food Fortification

Owing to the growing need for tackling micronutrient deficiency, the demand for functional and fortified ingredients that are used for food and pharmaceutical products have shown significant growth in the global market. Microencapsulation is a suitable technology to provide controlled and targeted release of functional ingredients, thereby augmenting their bioavailability and at the same time providing food industries with ease of manufacturing. The technology also preserves the overall integrity of the food products by stabilizing the sensitive aspects, like flavor, appearance, and shelf-life, along with enabling conversion of liquid cores into powders and preventing the participation of undesirable reactions. Therefore, it results in fortifying food products without any degradation of sensitive ingredients.

Global Microencapsulated Food Ingredient Market1

North America Continues to Dominate the Global Market

The market for microencapsulation in the North American region, particularly in the United States, 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. However, Asia-Pacific is expected to be the fastest-growing market due to the new product launches, geographical expansion, and increasing demand for specialized products among consumers.

Global Microencapsulated Food Ingredient Market2

Competitive Landscape

The global microencapsulated food ingredient market is competitive in nature having a large number of domestic and multinational players competing for market share. Emphasis is given on the merger, expansion, acquisition, and partnership of the companies along with new product development as strategic approaches adopted by the leading companies to boost their brand presence among consumers. For instance, in June 2017, Balchem Corporation acquired Innovative Food Processors Inc. (IFP). IFP, a regional manufacturer of agglomerated microencapsulated flavor in North America, to integrate with the expertise solutions in flavor encapsulation research from IFP. Key players dominating the market include Cargill Inc., BASF SE, DSM, Ingredion Inc., FrieslandCampina Ingredients, and Balchem Inc., among others.

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Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Deliverables and Study Assumptions

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Drivers

    2. 4.2 Market Restraints

    3. 4.3 Porter's Five Forces Analysis

      1. 4.3.1 Threat of New Entrants

      2. 4.3.2 Bargaining Power of Buyers/Consumers

      3. 4.3.3 Bargaining Power of Suppliers

      4. 4.3.4 Threat of Substitute Products

      5. 4.3.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 By Captivation Technology

      1. 5.1.1 Spray technologies

      2. 5.1.2 Emulsion technologies

      3. 5.1.3 Dripping technologies

      4. 5.1.4 Others (Coating, Physicochemical, and Chemical technologies)

    2. 5.2 By Application

      1. 5.2.1 Vitamins and Minerals

      2. 5.2.2 Enzymes

      3. 5.2.3 Additives

      4. 5.2.4 Probiotics and Prebiotics

      5. 5.2.5 Essential oils

      6. 5.2.6 Other Applications

    3. 5.3 By Geography

      1. 5.3.1 North America

        1. 5.3.1.1 United States

        2. 5.3.1.2 Canada

        3. 5.3.1.3 Mexico

        4. 5.3.1.4 Rest of North America

      2. 5.3.2 Europe

        1. 5.3.2.1 Germany

        2. 5.3.2.2 United Kingdom

        3. 5.3.2.3 Russia

        4. 5.3.2.4 France

        5. 5.3.2.5 Spain

        6. 5.3.2.6 Italy

        7. 5.3.2.7 Rest of Europe

      3. 5.3.3 Asia-Pacific

        1. 5.3.3.1 China

        2. 5.3.3.2 Japan

        3. 5.3.3.3 Australia

        4. 5.3.3.4 India

        5. 5.3.3.5 Rest of Asia Pacific

      4. 5.3.4 South America

        1. 5.3.4.1 Brazil

        2. 5.3.4.2 Argentina

        3. 5.3.4.3 Rest of South America

      5. 5.3.5 Rest of the World

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Most Active Companies

    2. 6.2 Most Adopted Strategies

    3. 6.3 Market Position Analysis

    4. 6.4 Company Profiles

      1. 6.4.1 BASF SE

      2. 6.4.2 Cargill Incorporated

      3. 6.4.3 Koninklijke DSM NV

      4. 6.4.4 Ingredion Inc.

      5. 6.4.5 FrieslandCampina Ingredients

      6. 6.4.6 Balchem Inc.

      7. 6.4.7 GAT Food Essentials GmbH

      8. 6.4.8 Lycored

      5. *List Not Exhaustive

  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

  8. 8. IMPACT OF COVID-19 ON THE MARKET

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Frequently Asked Questions

The Microencapsulated Food Ingredient Market market is studied from 2016 - 2026.

The Microencapsulated Food Ingredient Market is growing at a CAGR of 4.8% over the next 5 years.

Asia Pacific is growing at the highest CAGR over 2021- 2026.

North America holds highest share in 2021.

BASF SE, Cargill Incorporated, DSM, Ingredion Inc., FrieslandCampina Ingredients, Balchem Inc. are the major companies operating in Microencapsulated Food Ingredient Market.

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