Microencapsulation Market Size, Industry & Landscape Outlook, Revenue Growth Analysis to 2026


Global Microencapsulation Market was valued at USD 6.78 billion in 2018 and is expected to reach USD 14.40 billion by the year 2026, at a CAGR of 9.8%.

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Global Microencapsulation Market was valued at USD 6.78 billion in 2018 and is expected to reach USD 14.40 billion by the year 2026, at a CAGR of 9.8%. Microencapsulation is a process in which active ingredients are coated with extremely small capsules. This technology has been used in the cosmetics industry, the pharmaceutical, agrochemical, and food industries, in flavors, acids, oils, vitamins, microorganisms, among others. The market is driven by the increasing prevalence of chronic target diseases, rising demand in the pharmaceutical industry, increased demand for supplementary products, and more efficient physiological action. Increasing chronic diseases such as cancer, hypertension, and other CVS diseases is expected to fuel market growth. In hypertension, the drug is required to remain active on the administration to avoid several doses per day. Microencapsulation offers prolonged and or sustained release action, as the core material or active ingredients are coated with polymers or other biodegradable and chemically compatible coating material, which restricts the drug release for a more extended time. Reduced multiple doses have to lead to more patient compliance, which is expected to propel the microencapsulation market growth. The broader application of microencapsulation in various industries is enhancing market demand. For example, microencapsulation is widely used in the food industry for perishable products such as highly volatile foods and prevention from auto-oxidation of certain dairy products.

However, high cost in association with production or process of microencapsulation of core material and allergies associated with the material used for coating may hamper the market growth.

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Top Leaders Operating in the Market are :

BASF, Royal Frieslandcampina, Syngenta Crop Protection, Koninklijke DSM, Givaudan, International Flavors Fragrances, Symrise, Sensient Technologies, Lycored Corp., and Koehler Innovative Solutions

Further key findings from the report suggest

During 2019-2026, microencapsulation market is expected to register a CAGR of 11.2% in Asia Pacific; followed by North America and Europe, with 9.7% and 9.5% CAGR, respectively. High prevalence of chronic target diseases across the globe is the major factor driving the market during the forecast period across all regions.

The physical methods segment dominates the market with highest market share in the year 2018. It is estimated to grow at a CAGR of 10.1% during the forecast period to reach USD 6.29 billion by 2026

Based on application segment, the pharmaceutical healthcare is expected to account for the CAGR 10.2% of the Microencapsulation market, as increased demand of masking the odor and taste of the molecule used and to provide sustained release effect

Asia Pacific is expected to account for the CAGR 11.2% of the Microencapsulation market. Developing nations such China, and India are likely to witness high growth due to high prevalence of target diseases, increased healthcare expenditure and high demand of fertilizers in agriculture application segment

Based on coating material polymers dominate the total market share of microencapsulation, as the polymer provide even and better coating to the granules of core material and is chemically instable

Slow rate of commercialization, high costs involved in research and development, and some allergies associated with the materials used in microencapsulation are among the key factors likely to hamper growth of the market

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Key Factors:

Which key factors expected to boost Microencapsulation market growth during the forecast period?

Which factors are expected to hamper the growth of Microencapsulation market throughout the forecast period?

Which application segment revenue is expected to register rapid CAGR between 2021 and 2026?

Which regional segment is expected to register fastest revenue CAGR throughout the forecast period?

Which are the leading companies operating in the Microencapsulation market?

What is the scope of growth of product companies in the Microencapsulation market?

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Microencapsulation Market Segmentation:

Based on Product Type:

Chemical Methods

Solvent Evaporation

Interfacial Cross-Linking

Interfacial Polycondensation

In Situ Polymerization

Matrix Polymerization

Physical Methods

Spray Drying

Fluid-Bed/Pan Coating

Centrifugal Extrusion

Vibrating Nozzle

Spinning Disk Microencapsulation

Physicochemical method

Ionotropic Gelation

Polyelectrolyte Complexation

Coacervation

Supercritical Fluid Technology

Based on Application:

Pharmaceutical Healthcare

Renal Failure

CVS Diseases

Colon Disease

Diabetes

Liver Disease

Cancer

Food Fragrances

Agriculture

Others

Regional Analysis Covers:

North America (U.S., Canada, Mexico)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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