Encapsulation Market Share, Growth & Industry Analysis by 2028

    Encapsulation Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Coating Material (Polymers, Gums and Resins, Lipids, Carbohydrates, and Proteins), Technology (Spray Technology, Emulsion Technology, Dripping Technology, and Others), and Application (Pharmaceuticals and Nutraceutical, Food and Beverages, Personal Care Products, Agrochemicals, and Others)

    Publication Month: Oct 2021 | Report Code: TIPRE00024897 | No. of Pages: 157 | Category: Chemicals and Materials | Status: Published

    The encapsulation market is expected to grow from US$ 35,113.49 million in 2021 to US$ 80,071.65 million by 2028; it is estimated to grow at a CAGR of 12.5% from 2021 to 2028.

    The demand for encapsulation is significantly increasing owing to the growing demand for encapsulated flavors and colors from the convenience food sector. The changing fast-paced lifecycle of individuals across the world along with the growing urban population worldwide drives the need for convenience food products. The demand for encapsulated pharmaceuticals is rising due to the increasing burden of diseases, improving healthcare systems, and rising disposable incomes, which is also boosting the market growth.

    Strategic Insights

    The encapsulation market in Asia Pacific is expected to grow at the highest CAGR during the forecast period. Many Asia-Pacific countries, such as China and India, are among the world's fastest-growing populations. The food industry is expanding in the region because of its wide range of applications. The existence of various established sectors, such as food & beverages, in China, India, Japan, and South Korea has increased the demand for packaging solutions in the region. The high demand for dietary supplements among the youngster population is driving the encapsulation market. Major constituents of dietary supplements, such as vitamins and enzymes, require targeted delivery. A few trendy factors such as health consciousness, nutrition, and wellbeing are driving consumer behavior for food that supports longer and healthier lives. The demand for functional food and dietary supplements is increasing among the population. Thus, with the growing consumption of packaged food & beverages in the region, the encapsulation market in Asia Pacific is expected to witness a significant growth during the forecast period.


    Impact of COVID-19 Pandemic on Encapsulation Market

    With the COVID-19 outbreak across the world, most countries declared a health emergency and stopped inessential movements. The crisis heavily impacted the supply chain of goods. Amid the crisis, there is a surge in the demand for healthy food and beverage from the consumers to boost immunity. The COVID-19 pandemic has negatively impacted the global encapsulation market owing to the shutdown of manufacturing units, rise in prices of raw material, shortage of labor, disruption of supply chains, and financial instability. Furthermore, governments of various countries are planning to develop modern and technologically advanced infrastructure to mitigate the economic impacts of the COVID-19 pandemic. Thus, it helps to contribute to the growth of the construction industry, which would boost the demand for encapsulation in the coming years. This pandemic is projected to impact the market at a low level. However, with the relaxation of the norms, which were taken to control the spread of the virus, the market resumed with the necessary precautions.

    Encapsulation Market

    Encapsulation Market

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    Market Insights

    Growing Demand for Encapsulated Flavors and Colors from Convenience Food Sector

    Encapsulation can provide functional properties such as controlled release in predetermined environments. Encapsulated flavors are being used extensively in the convenience food sector for the controlled release of flavors and colors in food products, including tea bags, confectionery, instant drinks, and desserts. The changing fast-paced lifecycle of individuals globally and the growing urban population worldwide drive the need for convenience food products. The convenience food sector consists of food products designed to reduce preparation time for the end user. The convenience food sector has witnessed a substantial increase in demand in the past decade globally, and it is expected to increase significantly during the forecast period.

    Coating Material Insights

    Based on coating material, the encapsulation market is segmented into polymers, gums and resins, lipids, carbohydrates, and proteins. The carbohydrates segment accounted for the largest market share in 2020, whereas the polymers segment is expected to register the highest CAGR in the market during the forecast period. Carbohydrates are the first polymers used for flavor encapsulation owing to their good physicochemical properties, good solubility in water, low viscosity, and excellent barrier properties with respect to volatile organic compounds. Coating material for carbohydrates consists of starch, maltodextrins, chitosan, corn syrup solids, dextran, modified starch, fructose, and cyclodextrins. Polymer encapsulation is used in the pharmaceutical industry for orally delivered drugs, and masking taste and odor to improve patient compliance and reduce gastrointestinal irritation and toxicity.

    Encapsulation Market, by Coating Material – 2020 and 2028

    Encapsulation Market, by Coating Material – 2020 and 2028

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    Technology Insights

    Based on technology, the Encapsulation market is segmented into spray technology, emulsion technology, dripping technology, and others. The spray technology segment accounted for the largest market share in 2020. Spray technology involves the spraying of an aqueous solution in hot air, which delivers higher efficiency. Most recommended carriers for the development of particles by spray technology in food industries are alcohols, fatty acids, triacylglycerols, and waxes. The emulsion technology entraps sensitive material, such as minerals and vitamins, in the carrier or coating material before being added to food. Thus, it allows nutrients to be quite stable and easily dispersed in the medium. Therefore, surging demand from the convenience food sector for encapsulated flavors and food is driving the growth of global encapsulation market.

    Application Insights

    Based on application, the Encapsulation market is segmented into pharmaceuticals and nutraceutical, food and beverages, personal care products, agrochemicals, and others. The market for the pharmaceuticals and nutraceutical segment is anticipated to grow in the coming years owing to the large number of companies using encapsulation to mask the bitter taste or smell of drugs and to provide their targeted and controlled delivery. The pharmaceutical sector is also greatly influenced by encapsulation technologies due to the benefits achieved by the manufacturers. Encapsulation for the food items allows flavor retention and removes bad taste. Increasing consumer preference for healthy and convenient food, growing demand for packaged food, and changing lifestyle coupled with preference for ready-made food are projected to fuel the global market growth during the forecast period.

    A few players operating in the Encapsulation market are Encapsys, LLC; Lycored; Tastetech; Givadan; Balchem, INC; FrieslandCampina; DSM; Microtek Laborotories, INC; Legris Industries Group; and BASF SE. The key companies adopt strategies such as the mergers and acquisitions, and research and development to expand customer base and gain significant share in the global market, which also allows them to maintain their brand name globally.

    Report Spotlights

    • Progressive industry trends in the Encapsulation market to help players develop effective long-term strategies
    • Business growth strategies adopted by developed and developing markets
    • Quantitative analysis of the Encapsulation market from 2018 to 2028
    • Estimation of global demand for Encapsulation
    • PEST analysis to illustrate the efficacy of buyers and suppliers operating in the industry
    • Recent developments to understand the competitive market scenario
    • Market trends and outlook as well as factors driving and restraining the growth of the Encapsulation market
    • Assistance in decision-making process by highlighting market strategies that underpin commercial interest, leading to the market growth
    • The size of the Encapsulation market size at various nodes
    • Detailed overview and segmentation of the market, as well as the Encapsulation industry dynamics
    • Size of the Encapsulation market in various regions with promising growth opportunities

    Encapsulation Market – by Coating Material

    • Polymers
    • Gums and Resins
    • Lipids
    • Carbohydrates
    • Proteins

    Encapsulation Market – by Technology

    • Spray Technology
    • Emulsion Technology
    • Dripping Technology
    • Others


    Encapsulation Market – by Application

    • Pharmaceuticals and Nutraceutical
    • Food and Beverages
    • Personal Care Products
    • Agrochemicals
    • Others


    Company Profiles

    • Encapsys, LLC
    • Lycored
    • TasteTech
    • Givaudan
    • Balchem Inc.
    • FrieslandCampina
    • BASF SE
    • DSM
    • Microtek Laboratories, Inc.
    • Legris Industries Group

    1. Introduction. 18

    1.1 Study Scope. 18

    1.2 The Insight Partners Research Report Guidance. 18

    1.3 Market Segmentation. 19

    2. Key Takeaways. 21

    3. Research Methodology. 25

    3.1 Scope of the Study. 25

    3.2 Research Methodology. 25

    3.2.1 Data Collection: 26

    3.2.2 Primary Interviews: 27

    3.2.3 Hypothesis formulation: 27

    3.2.4 Macro-economic factor analysis: 27

    3.2.5 Developing base number: 27

    3.2.6 Data Triangulation: 27

    3.2.7 Country level data: 28

    4. Encapsulation Market Landscape. 29

    4.1 Market Overview. 29

    4.2 Porter’s Five Forces Analysis. 29

    4.3 Expert Opinion. 32

    4.4 Ecosystem Analysis. 33

    4.4.1 Raw Material 33

    4.4.2 Manufacturing/Processing. 33

    4.4.3 Distributors. 33

    4.4.4 End Users. 34

    5. Encapsulation Market – Key Market Dynamics. 35

    5.1 Market Drivers. 35

    5.1.1 Growing Demand for Encapsulated Flavors and Colors from Convenience Food Sector. 35

    5.1.2 Rising Demand for Encapsulated Pharmaceuticals. 35

    5.2 Market Restraints. 36

    5.2.1 Increased Cost of Production and Low Profit Margins. 36

    5.3 Market Opportunities. 36

    5.3.1 Development of Advanced Technologies. 36

    5.4 Future Trends. 36

    5.4.1 Increasing Demand for Functional Products. 36

    5.5 Impact Analysis of Drivers and Restraints. 37

    6. Encapsulation – Global Market Analysis. 38

    6.1 Encapsulation Market Overview. 38

    6.2 Encapsulation Market –Revenue and Forecast to 2028 (US$ Million) 39

    6.3 Market Positioning – Global Market Players. 40

    7. Encapsulation Market Analysis – By Coating Material 41

    7.1 Overview. 41

    7.2 Encapsulation Market, By Coating Material (2020 and 2028) 41

    7.3 Polymers. 42

    7.3.1 Overview.. 42

    7.3.2 Polymers: Encapsulation Market – Revenue and Forecast to 2028 (US$ Mn) 42

    7.4 Gums and Resins. 43

    7.4.1 Overview.. 43

    7.4.2 Gums and Resins: Encapsulation Market – Revenue and Forecast to 2028 (US$ Mn) 43

    7.5 Lipids. 44

    7.5.1 Overview.. 44

    7.5.2 Lipids: Encapsulation Market – Revenue and Forecast to 2028 (US$ Mn) 44

    7.6 Carbohydrates. 45

    7.6.1 Overview.. 45

    7.6.2 Carbohydrates: Encapsulation Market – Revenue and Forecast to 2028 (US$ Mn) 45

    7.7 Protiens. 46

    7.7.1 Overview.. 46

    7.7.2 Proteins: Encapsulation Market – Revenue and Forecast to 2028 (US$ Mn) 46

    8. Encapsulation Market Analysis – By Technology. 47

    8.1 Overview. 47

    8.2 Encapsulation Market, By Technology (2020 and 2028) 47

    8.3 Spray Technology. 48

    8.3.1 Overview.. 48

    8.3.2 Spray Technology: Encapsulation Market – Revenue and Forecast to 2028 (US$ Mn) 48

    8.4 Emulsion Technology. 49

    8.4.1 Overview.. 49

    8.4.2 Emulsion Technology: Encapsulation Market – Revenue and Forecast to 2028 (US$ Mn) 49

    8.5 Dripping Technology. 50

    8.5.1 Overview.. 50

    8.5.2 Dripping Technology: Encapsulation Market – Revenue and Forecast to 2028 (US$ Mn) 50

    8.6 Others. 51

    8.6.1 Overview.. 51

    8.6.2 Others: Encapsulation Market – Revenue and Forecast to 2028 (US$ Mn) 51

    9. Encapsulation Market Analysis – By Application. 52

    9.1 Overview. 52

    9.2 Encapsulation Market, By Application (2020 and 2028) 52

    9.3 Pharmaceuticals and Nutraceutical 53

    9.3.1 Overview.. 53

    9.3.2 Pharmaceuticals and Nutraceutical: Encapsulation Market – Revenue and Forecast to 2028 (US$ Mn) 53

    9.4 Food and Beverages. 54

    9.4.1 Overview.. 54

    9.4.2 Food and Beverages: Encapsulation Market – Revenue and Forecast to 2028 (US$ Mn) 54

    9.5 Personal Care Products. 55

    9.5.1 Overview.. 55

    9.5.2 Personal Care Products: Encapsulation Market – Revenue and Forecast to 2028 (US$ Mn) 55

    9.6 Agrochemicals. 56

    9.6.1 Overview.. 56

    9.6.2 Agrochemicals: Encapsulation Market – Revenue and Forecast to 2028 (US$ Mn) 56

    9.7 Others. 57

    9.7.1 Overview.. 57

    9.7.2 Others: Encapsulation Market – Revenue and Forecast to 2028 (US$ Mn) 57

    Source: The Insight Partners Analysis. 57

    10. Encapsulation Market – Geographic Analysis. 58

    10.1 Overview. 58

    10.2 North America: Encapsulation Market 58

    10.2.1 North America: Encapsulation Market –Revenue and Forecast to 2028 (US$ Million) 58

    10.2.2 North America: Encapsulation Market, by Coating Material 59

    10.2.3 North America: Encapsulation Market, by Technology. 61

    10.2.4 North America: Encapsulation Market, by Application. 62

    10.2.5 North America: Encapsulation Market, by Key Country. 63

    10.2.5.1 US: Encapsulation Market –Revenue and Forecast to 2028 (US$ Million) 63

    10.2.5.1.1 US: Encapsulation Market, by Coating Material 64

    10.2.5.1.2 US: Encapsulation Market, by Technology. 64

    10.2.5.1.3 US: Encapsulation Market, by Application. 65

    10.2.5.2 Canada: Encapsulation Market –Revenue and Forecast to 2028 (US$ Million) 66

    10.2.5.2.1 Canada: Encapsulation Market, by Coating Material 66

    10.2.5.2.2 Canada: Encapsulation Market, by Technology. 67

    10.2.5.2.3 Canada: Encapsulation Market, by Application. 67

    10.2.5.3 Mexico: Encapsulation Market –Revenue and Forecast to 2028 (US$ Million) 68

    10.2.5.3.1 Mexico: Encapsulation Market, by Coating Material 68

    10.2.5.3.2 Mexico: Encapsulation Market, by Technology. 69

    10.2.5.3.3 Mexico: Encapsulation Market, by Application. 69

    10.3 Europe: Encapsulation Market 70

    10.3.1 Europe: Encapsulation Market –Revenue and Forecast to 2028 (US$ Million) 71

    10.3.2 Europe: Encapsulation Market, by Coating Material 71

    10.3.3 Europe: Encapsulation Market, by Technology. 72

    10.3.4 Europe: Encapsulation Market, by Application. 73

    10.3.5 Europe: Encapsulation Market, by Key Country. 74

    10.3.5.1 Germany: Encapsulation Market –Revenue and Forecast to 2028 (US$ Million) 74

    10.3.5.1.1 Germany: Encapsulation Market, by Coating Material 75

    10.3.5.1.2 Germany: Encapsulation Market, by Technology. 75

    10.3.5.1.3 Germany: Encapsulation Market, by Application. 76

    10.3.5.2 France: Encapsulation Market –Revenue and Forecast to 2028 (US$ Million) 77

    10.3.5.2.1 France: Encapsulation Market, by Coating Material 77

    10.3.5.2.2 France: Encapsulation Market, by Technology. 78

    10.3.5.2.3 France: Encapsulation Market, by Application. 78

    10.3.5.3 Italy: Encapsulation Market –Revenue and Forecast to 2028 (US$ Million) 79

    10.3.5.3.1 Italy: Encapsulation Market, by Coating Material 79

    10.3.5.3.2 Italy: Encapsulation Market, by Technology. 80

    10.3.5.3.3 Italy: Encapsulation Market, by Application. 80

    10.3.5.4 United Kingdom: Encapsulation Market –Revenue and Forecast to 2028 (US$ Million) 81

    10.3.5.4.1 United Kingdom: Encapsulation Market, by Coating Material 81

    10.3.5.4.2 United Kingdom: Encapsulation Market, by Technology. 82

    10.3.5.4.3 United Kingdom: Encapsulation Market, by Application. 82

    10.3.5.5 Russia: Encapsulation Market –Revenue and Forecast to 2028 (US$ Million) 83

    10.3.5.5.1 Russia: Encapsulation Market, by Coating Material 83

    10.3.5.5.2 Russia: Encapsulation Market, by Technology. 84

    10.3.5.5.3 Russia: Encapsulation Market, by Application. 84

    10.3.5.6 Rest of Europe: Encapsulation Market –Revenue and Forecast to 2028 (US$ Million) 85

    10.3.5.6.1 Rest of Europe: Encapsulation Market, by Coating Material 85

    10.3.5.6.2 Rest of Europe: Encapsulation Market, by Technology. 86

    10.3.5.6.3 Rest of Europe: Encapsulation Market, by Application. 86

    10.4 Asia Pacific: Encapsulation Market 87

    10.4.1 Asia Pacific: Encapsulation Market –Revenue and Forecast to 2028 (US$ Million) 88

    10.4.2 Asia Pacific: Encapsulation Market, by Coating Material 88

    10.4.3 Asia Pacific: Encapsulation Market, by Technology. 89

    10.4.4 Asia Pacific: Encapsulation Market, by Application. 90

    10.4.5 Asia Pacific: Encapsulation Market, by Key Country. 91

    10.4.5.1 Australia: Encapsulation Market –Revenue and Forecast to 2028 (US$ Million) 92

    10.4.5.1.1 Australia: Encapsulation Market, by Coating Material 92

    10.4.5.1.2 Australia: Encapsulation Market, by Technology. 93

    10.4.5.1.3 Australia: Encapsulation Market, by Application. 93

    10.4.5.2 China: Encapsulation Market –Revenue and Forecast to 2028 (US$ Million) 94

    10.4.5.2.1 China: Encapsulation Market, by Coating Material 94

    10.4.5.2.2 China: Encapsulation Market, by Technology. 95

    10.4.5.2.3 China: Encapsulation Market, by Application. 95

    10.4.5.3 India: Encapsulation Market –Revenue and Forecast to 2028 (US$ Million) 96

    10.4.5.3.1 India: Encapsulation Market, by Coating Material 96

    10.4.5.3.2 India: Encapsulation Market, by Technology. 97

    10.4.5.3.3 India: Encapsulation Market, by Application. 97

    10.4.5.4 Japan: Encapsulation Market –Revenue and Forecast to 2028 (US$ Million) 98

    10.4.5.4.1 Japan: Encapsulation Market, by Coating Material 98

    10.4.5.4.2 Japan: Encapsulation Market, by Technology. 99

    10.4.5.4.3 Japan: Encapsulation Market, by Application. 99

    10.4.5.5 South Korea: Encapsulation Market –Revenue and Forecast to 2028 (US$ Million) 100

    10.4.5.5.1 South Korea: Encapsulation Market, by Coating Material 100

    10.4.5.5.2 South Korea: Encapsulation Market, by Technology. 101

    10.4.5.5.3 South Korea: Encapsulation Market, by Application. 101

    10.4.5.6 Rest of Asia Pacific: Encapsulation Market –Revenue and Forecast to 2028 (US$ Million) 102

    10.4.5.6.1 Rest of Asia Pacific: Encapsulation Market, by Coating Material 102

    10.4.5.6.2 Rest of Asia Pacific: Encapsulation Market, by Technology. 103

    10.4.5.6.3 Rest of Asia Pacific: Encapsulation Market, by Application

    11. Impact of COVID.. 128

    11.1 Overview. 128

    11.2 North America: Impact Assessment of COVID-19 Pandemic. 128

    11.3 Europe: Impact Assessment of COVID-19 Pandemic. 130

    11.1 Asia-Pacific: Impact Assessment of COVID-19 Pandemic. 131

    11.2 Middle East & Africa: Impact Assessment of COVID-19 Pandemic. 132

    11.3 South America and Central America: Impact Assessment of COVID-19 Pandemic. 133

    12. Industry Landscape. 134

    12.1 Overview. 134

    12.2 Product Launch. 134

    12.3 Mergers & acquisition. 134

    12.4 Expansion. 135

    13. Company Profiles. 136

    13.1 Encapsys, LLC. 136

    13.1.1 Key Facts. 136

    13.1.2 Business Description. 136

    13.1.3 Products and Services. 136

    13.1.4 Financial Overview.. 136

    13.1.5 SWOT Analysis. 137

    13.1.6 Key Developments. 137

    13.2 Lycored. 138

    13.2.1 Key Facts. 138

    13.2.2 Business Description. 138

    13.2.3 Products and Services. 138

    13.2.4 Financial Overview.. 138

    13.2.5 SWOT Analysis. 139

    13.2.6 Key Developments. 139

    13.3 TasteTech. 140

    13.3.1 Key Facts. 140

    13.3.2 Business Description. 140

    13.3.3 Products and Services. 140

    13.3.4 Financial Overview.. 140

    13.3.5 SWOT Analysis. 141

    13.3.6 Key Developments. 141

    13.4 Givaudan. 142

    13.4.1 Key Facts. 142

    13.4.2 Business Description. 142

    13.4.3 Products and Services. 142

    13.4.4 Financial Overview.. 143

    13.4.5 SWOT Analysis. 144

    13.4.6 Key Developments. 145

    13.5 Balchem Inc. 146

    13.5.1 Key Facts. 146

    13.5.2 Business Description. 146

    13.5.3 Products and Services. 146

    13.5.4 Financial Overview.. 147

    13.5.5 SWOT Analysis. 148

    13.5.6 Key Developments. 149

    13.6 FrieslandCampina. 150

    13.6.1 Key Facts. 150

    13.6.2 Business Description. 150

    13.6.3 Products and Services. 150

    13.6.4 Financial Overview.. 151

    13.6.5 SWOT Analysis. 152

    13.6.6 Key Developments. 152

    13.7 BASF SE. 153

    13.7.1 Key Facts. 153

    13.7.2 Business Description. 153

    13.7.3 Products and Services. 153

    13.7.4 Financial Overview.. 154

    13.7.5 SWOT Analysis. 155

    13.7.6 Key Developments. 155

    13.8 DSM.. 156

    13.8.1 Key Facts. 156

    13.8.2 Business Description. 156

    13.8.3 Products and Services. 156

    13.8.4 Financial Overview.. 157

    13.8.5 SWOT Analysis. 158

    13.8.6 Key Developments. 158

    13.9 Microtek Laboratories, Inc. 159

    13.9.1 Key Facts. 159

    13.9.2 Business Description. 159

    13.9.3 Products and Services. 159

    13.9.4 Financial Overview.. 159

    13.9.5 SWOT Analysis. 160

    13.9.6 Key Developments. 160

    13.10 Legris Industries Group. 161

    13.10.1 Key Facts. 161

    13.10.2 Business Description. 161

    13.10.3 Products and Services. 161

    13.10.4 Financial Overview.. 161

    13.10.5 SWOT Analysis. 162

    13.10.6 Key Developments. 162

    14. Appendix. 163

    14.1 About The Insight Partners. 163

    14.2 Glossary of Terms. 163

    LIST OF TABLES

    Table 1. Encapsulation Market –Revenue and Forecast to 2028 (US$ Million) 39

    Table 2. North America Encapsulation Market, by Coating Material– Revenue and Forecast to 2028 (USD Million) 59

    Table 3. North America Encapsulation Market, by Technology– Revenue and Forecast to 2028 (USD Million) 61

    Table 4. North America Encapsulation Market, by Application – Revenue and Forecast to 2028 (USD Million) 62

    Table 5. US Encapsulation Market, by Coating Material– Revenue and Forecast to 2028 (USD Million) 64

    Table 6. US Encapsulation Market, by Technology – Revenue and Forecast to 2028 (USD Million) 64

    Table 7. US Encapsulation Market, by Application – Revenue and Forecast to 2028 (USD Million) 65

    Table 8. Canada: Encapsulation Market, by Coating Material – Revenue and Forecast to 2028 (USD Million) 66

    Table 9. Canada Encapsulation Market, by Technology – Revenue and Forecast to 2028 (USD Million) 67

    Table 10. Canada Encapsulation Market, by Application – Revenue and Forecast to 2028 (USD Million) 67

    Table 11. Mexico Encapsulation Market, by Coating Material – Revenue and Forecast to 2028 (USD Million) 68

    Table 12. Mexico Encapsulation Market, by Technology – Revenue and Forecast to 2028 (USD Million) 69

    Table 13. Mexico Encapsulation Market, by Application – Revenue and Forecast to 2028 (USD Million) 69

    Table 14. Europe Encapsulation Market, by Coating Material– Revenue and Forecast to 2028 (USD Million) 72

    Table 15. Europe Encapsulation Market, by Technology – Revenue and Forecast to 2028 (USD Million) 72

    Table 16. Europe Encapsulation Market, by Application – Revenue and Forecast to 2028 (USD Million) 73

    Table 17. Germany Encapsulation Market, by Coating Material– Revenue and Forecast to 2028 (USD Million) 75

    Table 18. Germany Encapsulation Market, by Technology – Revenue and Forecast to 2028 (USD Million) 75

    Table 19. Germany Encapsulation Market, by Application – Revenue and Forecast to 2028 (USD Million) 76

    Table 20. France Encapsulation Market, by Coating Material– Revenue and Forecast to 2028 (USD Million) 77

    Table 21. France Encapsulation Market, by Technology– Revenue and Forecast to 2028 (USD Million) 78

    Table 22. France Encapsulation Market, by Application – Revenue and Forecast to 2028 (USD Million) 78

    Table 23. Italy Encapsulation Market, by Coating Material – Revenue and Forecast to 2028 (USD Million) 79

    Table 24. Italy Encapsulation Market, by Technology – Revenue and Forecast to 2028 (USD Million) 80

    Table 25. Italy Encapsulation Market, by Application – Revenue and Forecast to 2028 (USD Million) 80

    Table 26. United Kingdom Encapsulation Market, by Coating Material – Revenue and Forecast to 2028 (USD Million) 81

    Table 27. United Kingdom Encapsulation Market, by Technology – Revenue and Forecast to 2028 (USD Million) 82

    Table 28. United Kingdom Encapsulation Market, by Application – Revenue and Forecast to 2028 (USD Million) 82

    Table 29. Russia: Encapsulation Market, by Coating Material– Revenue and Forecast to 2028 (USD Million) 83

    Table 30. Russia: Encapsulation Market, by Technology – Revenue and Forecast to 2028 (USD Million) 84

    Table 31. Russia: Encapsulation Market, by Application – Revenue and Forecast to 2028 (USD Million) 84

    Table 32. Rest of Europe Encapsulation Market, by Coating Material– Revenue and Forecast to 2028 (USD Million) 85

    Table 33. Rest of Europe Encapsulation Market, by Technology – Revenue and Forecast to 2028 (USD Million) 86

    Table 34. Rest of Europe Encapsulation Market, by Application – Revenue and Forecast to 2028 (USD Million) 86

    Table 35. Asia Pacific Encapsulation Market, by Coating Material– Revenue and Forecast to 2028 (USD Million) 89

    Table 36. Asia Pacific Encapsulation Market, by Technology – Revenue and Forecast to 2028 (USD Million) 90

    Table 37. Asia Pacific Encapsulation Market, by Application n – Revenue and Forecast to 2028 (USD Million) 91

    Table 38. Australia Encapsulation Market, by Coating Material – Revenue and Forecast to 2028 (USD Million) 92

    Table 39. Australia Encapsulation Market, by Technology – Revenue and Forecast to 2028 (USD Million) 93

    Table 40. Australia Encapsulation Market, by Application – Revenue and Forecast to 2028 (USD Million) 93

    Table 41. China Encapsulation Market, by Coating Material– Revenue and Forecast to 2028 (USD Million) 94

    Table 42. China Encapsulation Market, by Technology – Revenue and Forecast to 2028 (USD Million) 95

    Table 43. China Encapsulation Market, by Application – Revenue and Forecast to 2028 (USD Million) 95

    Table 44. India Encapsulation Market, by Coating Material– Revenue and Forecast to 2028 (USD Million) 96

    Table 45. India Encapsulation Market, by Technology – Revenue and Forecast to 2028 (USD Million) 97

    Table 46. India Encapsulation Market, by Application – Revenue and Forecast to 2028 (USD Million) 97

    Table 47. Japan Encapsulation Market, by Coating Material– Revenue and Forecast to 2028 (USD Million) 98

    Table 48. Japan Encapsulation Market, by Technology – Revenue and Forecast to 2028 (USD Million) 99

    Table 49. Japan Encapsulation Market, by Application – Revenue and Forecast to 2028 (USD Million) 99

    Table 50. South Korea Encapsulation Market, by Coating Material– Revenue and Forecast to 2028 (USD Million) 100

    Table 51. South Korea Encapsulation Market, by Technology – Revenue and Forecast to 2028 (USD Million) 101

    Table 52. South Korea Encapsulation Market, by Application – Revenue and Forecast to 2028 (USD Million) 101

    Table 53. Rest of Asia Pacific Encapsulation Market, by Coating Material– Revenue and Forecast to 2028 (USD Million) 102

    Table 54. Rest of Asia Pacific Encapsulation Market, by Technology – Revenue and Forecast to 2028 (USD Million) 103

    Table 55. Rest of Asia Pacific Encapsulation Market, by Application – Revenue and Forecast to 2028 (USD Million) 103

    Table 83. Glossary of Terms, Global Encapsulation Market 163

    LIST OF FIGURES

    Figure 1. Encapsulation Market Segmentation. 19

    Figure 2. Encapsulation Market Segmentation – By Geography. 20

    Figure 3. Global Encapsulation Market Overview. 21

    Figure 4. Carbohydrates Segment Held Largest Share of Global Encapsulation Market 22

    Figure 5. North America Region Held Largest Share of Global Encapsulation Market 23

    Figure 6. Global Encapsulation Market, Key Market Players. 24

    Figure 7. Porter’s Five Forces Analysis. 30

    Figure 8. Expert Opinion. 32

    Figure 9. Ecosystem: Encapsulation Market 33

    Figure 10. Global Encapsulation Market Impact Analysis of Drivers and Restraints. 37

    Figure 11. Geographic Overview of Encapsulation Market 38

    Figure 12. Global: Encapsulation Market – Revenue and Forecast to 2028 (US$ Million) 39

    Figure 13. Encapsulation Market Revenue Share, By Coating Material (2020 and 2028) 41

    Figure 14. Polymers: Encapsulation Market – Revenue and Forecast To 2028 (US$ Mn) 42

    Figure 15. Gums and Resins: Encapsulation Market – Revenue and Forecast To 2028 (US$ Mn) 43

    Figure 16. Lipids: Encapsulation Market – Revenue and Forecast To 2028 (US$ Mn) 44

    Figure 17. Carbohydrates: Encapsulation Market – Revenue and Forecast To 2028 (US$ Mn) 45

    Figure 18. Proteins: Encapsulation Market – Revenue and Forecast To 2028 (US$ Mn) 46

    Figure 19. Encapsulation Market Revenue Share, By Technology (2020 and 2028) 47

    Figure 20. Spray Technology: Encapsulation Market – Revenue and Forecast To 2028 (US$ Mn) 48

    Figure 21. Emulsion Technology: Encapsulation Market – Revenue and Forecast To 2028 (US$ Mn) 49

    Figure 22. Dripping Technology: Encapsulation Market – Revenue and Forecast To 2028 (US$ Mn) 50

    Figure 23. Others: Encapsulation Market – Revenue and Forecast To 2028 (US$ Mn) 51

    Figure 24. Encapsulation Market Revenue Share, By Application (2020 and 2028) 52

    Figure 25. Pharmaceuticals and Nutraceutical: Encapsulation Market – Revenue and Forecast To 2028 (US$ Mn) 53

    Figure 26. Food and Beverages: Encapsulation Market – Revenue and Forecast To 2028 (US$ Mn) 54

    Figure 27. Personal Care Products: Encapsulation Market – Revenue and Forecast To 2028 (US$ Mn) 55

    Figure 28. Agrochemicals: Encapsulation Market – Revenue and Forecast To 2028 (US$ Mn) 56

    Figure 29. Others: Encapsulation Market – Revenue and Forecast To 2028 (US$ Mn) 57

    Figure 30. Global Encapsulation Market Revenue Share, by Region (2020 and 2028) 58

    Figure 31. North America: Encapsulation Market – Revenue and Forecast to 2028 (US$ Million) 59

    Figure 32. North America: Encapsulation Market Revenue Share, by Coating Material (2020 and 2028) 59

    Figure 33. North America: Encapsulation Market Revenue Share, by Technology (2020 and 2028) 61

    Figure 34. North America: Encapsulation Market Revenue Share, by Application (2020 and 2028) 62

    Figure 35. North America: Encapsulation Market Revenue Share, by Key Country (2020 and 2028) 63

    Figure 36. US: Encapsulation Market –Revenue and Forecast to 2028 (US$ Million) 63

    Figure 37. Canada: Encapsulation Market –Revenue and Forecast to 2028 (US$ Million) 66

    Figure 38. Mexico: Encapsulation Market –Revenue and Forecast to 2028 (US$ Million) 68

    Figure 39. Europe: Encapsulation Market – Revenue and Forecast to 2028 (US$ Million) 71

    Figure 40. Europe: Encapsulation Market Revenue Share, by Coating Material(2020 and 2028) 71

    Figure 41. Europe: Encapsulation Market Revenue Share, by Technology (2020 and 2028) 72

    Figure 42. Europe: Encapsulation Market Revenue Share, by Application (2020 and 2028) 73

    Figure 43. Europe: Encapsulation Market Revenue Share, by Key Country (2020 and 2028) 74

    Figure 44. Germany: Encapsulation Market –Revenue and Forecast to 2028 (US$ Million) 74

    Figure 45. France: Encapsulation Market –Revenue and Forecast to 2028 (US$ Million) 77

    Figure 46. Italy: Encapsulation Market –Revenue and Forecast to 2028 (US$ Million) 79

    Figure 47. United Kingdom: Encapsulation Market –Revenue and Forecast to 2028 (US$ Million) 81

    Figure 48. Russia: Encapsulation Market –Revenue and Forecast to 2028 (US$ Million) 83

    Figure 49. Rest of Europe: Encapsulation Market –Revenue and Forecast to 2028 (US$ Million) 85

    Figure 50. Asia Pacific: Encapsulation Market – Revenue and Forecast to 2028 (US$ Million) 88

    Figure 51. Asia Pacific: Encapsulation Market Revenue Share, by Coating Material(2020 and 2028) 88

    Figure 52. Asia Pacific: Encapsulation Market Revenue Share, by Technology (2020 and 2028) 89

    Figure 53. Asia Pacific: Encapsulation Market Revenue Share, by Application (2020 and 2028) 90

    Figure 54. Asia Pacific: Encapsulation Market Revenue Share, by Key Country (2020 and 2028) 91

    Figure 55. Australia: Encapsulation Market –Revenue and Forecast to 2028 (US$ Million) 92

    Figure 56. China: Encapsulation Market –Revenue and Forecast to 2028 (US$ Million) 94

    Figure 57. India: Encapsulation Market –Revenue and Forecast to 2028 (US$ Million) 96

    Figure 58. Japan: Encapsulation Market –Revenue and Forecast to 2028 (US$ Million) 98

    Figure 59. South Korea: Encapsulation Market –Revenue and Forecast to 2028 (US$ Million) 100

    Figure 60. Rest of Asia Pacific: Encapsulation Market –Revenue and Forecast to 2028 (US$ Million) 102

    Figure 78. Impact of COVID-19 Pandemic in North American Country Markets. 129

    Figure 79. Impact of COVID-19 Pandemic in Europe Country Markets. 130

    Figure 80. Impact of COVID-19 Pandemic in Asia Pacific Country Markets. 131

    Figure 81. Impact of COVID-19 Pandemic in Middle East & Africa Country Markets. 132

    Figure 82. Impact of COVID-19 Pandemic in South America and Central America Country Markets. 133

    . 103

    The List of Companies - Encapsulation Market

    1. Encapsys,LLC
    2. Lycored
    3. Tastetech
    4. Givadan
    5. Balchem, INC
    6. FrieslandCampina
    7. DSM
    8. Microtek Laborotories, INC
    9. Legris Industries Group
    10. BASF SE
    • Highlights key business priorities in order to assist companies to realign their business strategies.

    • The key findings and recommendations highlight crucial progressive industry trends in the global encapsulation market, thereby allowing players to develop effective long-term strategies.

    • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.

    • Scrutinize in-depth the market trends and outlook coupled with the factors driving the market, as well as those hindering it.

    • Enhance the decision-making process by understanding the strategies that underpin commercial interest `with respect to products, segmentation and industry verticals.
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    Frequently Asked Questions

    The major players operating in the global encapsulation market market are Encapsys,LLC; Lycored; Tastetech; Givadan; Balchem, INC; FrieslandCampina; DSM; Microtek Laborotories INC; Legris Industries Group; BASF SE; and many others.
    In 2021, North America accounted for the largest share of the global encapsulation market. The growth of the encapsulation market in this region is primarily attributed to the rise of the pharmaceutical sector in the. U.S. is one of the largest hubs for pharma and food industries in the world. In addition, the country is also technologically advanced and has been a major market of encapsulation since a long time. The increasing demand for pharmaceutical drugs and nutraceutical products is likely to offer lucrative opportunities to manufacturers globally.
    The carbohydrates segment held the largest share in 2021. Carbohydrates such as starch, agar, chitosan, and others are popular encapsulation materials in the F&B industry. Encapsulation is used in the food products to lock the flavors or encapsulating ingredients, enzymes, cells, or other things in tiny capsules. Applications for this process have grown in the food sector because encapsulated materials may be protected against moisture, heat, and other severe environments, increasing their stability and viability.
    The spray technology segment led the global encapsulation market in 2021. This technology involves the spraying of an aqueous solution in hot air, which delivers higher efficiency. The technology is used in the food and pharmaceutical industries, which helps produce high-quality powders with low moisture content, resulting in a wide range of shelf-stable food and other biologically significant products. The spray drying method is primarily used in microencapsulation due to the rapid processing at a low cost, a wide choice of coating material, good encapsulation efficiency, stability of the finished product, and the possibility of large-scale production in the continuous mode.
    The pharmaceuticals and nutraceutical segment led the global encapsulation market in 2021. Encapsulation technologies are extensively used by pharmaceutical and nutraceuticals companies to mask the bitter taste or smell of drugs and to provide their targeted and controlled delivery. The demand for encapsulated biomolecules is increasing in the pharmaceutical industry as they provide targeted action.
    Asia Pacific is estimated to register the fastest CAGR in the global encapsulation market over the forecast period. In the region, the demand for encapsulated ingredients is fueled by increasing application in various industries such as food and beverages, pharmaceutical and nutraceuticals, personal care products, agrochemicals etc. Moreover, the consumer demand for longer lasting fragrances in their everyday products continues to grow in all categories, this is expected to offer more growth opportunities for the market.

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