Global Food Encapsulation Market: Overview
The growing emphasis on increasing product appeal by enhancing flavor, taste, and color is one of the vital factors augmenting the global food encapsulation market. There is a widespread adoption of food encapsulation in industries such as beverages, meat, poultry, and seafood. It is also being increasingly used as encapsulated sweeteners in confectionary items such as candies and chewing gums. Moreover, the growing investments in the research and development of food preservatives are working in favor of the growth of the market.
This market intelligence report on the global food encapsulation market serves as a reliable business tool for both new as well as existing players. It includes an in-depth analysis of the competitive landscape of the market. It profiles the key players in the market along with their business strategies, market shares, and latest development. It performs SWOT analysis that reveals the potential growth trajectory of each prominent player. It provides a detailed description of the market dynamics and the extent to which they impact the growth.
Global Food Encapsulation Market: Drivers and Restraints
The rising consumer preference for healthy and convenient food owing to the increasing health consciousness is projected to have a phenomenal impact on the growth of the global food encapsulation market. Changing lifestyles are leading to a wide diversification in food items and are triggering the demand for processed and ready-made meal, thereby driving the demand for food encapsulation. Moreover, the advent of preservation techniques such as nanoencapsulation and microencapsulation technologies is encouraging the growth of the market.
However, these technologies are at their nascent stage and the on-going technological advancements are yet to gain significant traction. This is influencing the growth of the market negatively. Furthermore, the difficulty associated with maintaining the stability of encapsulated food especially during processing and packaging is restraining the growth of the market. On the other hand, emerging economies present immense growth opportunities due to the improving economic conditions and rising government support.
Global Food Encapsulation Market: Geographical Segmentation
The key regional markets analyzed in the report are North America, Asia Pacific, Europe, and Rest of the World. North America will account for a large share throughout the forecast period. The high availability of shell materials such as hydrocolloid and emulsions and the presence of a large number of manufacturers are contributing to the growth of the region. However, the market in this region is saturated in nature and is, therefore, expected to exhibit a sluggish growth during the same period.
Asia Pacific is poised to progress at a noteworthy CAGR during the same period owing to the increasing demand for processed food and flourishing food and beverage industry. The growth of the region is also fuelled by the rapid urbanization, rising disposable income, improving living standards, particularly in emerging countries including China and India. The growth of Europe can be attributed to the increasing advancements in technologies used in the processed food sector.
Global Food Encapsulation Market: Competitive Landscape
The supply chain of the global food encapsulation market comprises of raw material suppliers, equipment suppliers, distributors, government authorities, and end users such as industries and researchers. Key players in the market are increasingly focusing on research and development of new products in order to strengthen their foothold across different regions.
Some of the prominent players in the global food encapsulation market are Advanced BioNutrition Corp., ABCO Laboratories Inc., Balchem Corporation, Firmenich Inc., Aveka Group, Blue California, Cargill Inc., Coating Place Inc., Encapsys Microencapsulation, FrieslandCampina Kievit, and GAT Food Essentials GmbH.
Major regions analyzed under this research report are:
- North America
- Asia Pacific
- Rest of the World
This report gives you access to decisive data such as:
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for the coming years
Key highlights of this report
- Overview of key market forces propelling and restraining market growth
- Up-to-date analyses of market trends and technological improvements
- Pin-point analyses of market competition dynamics to offer you a competitive edge
- An analysis of strategies of major competitors
- An array of graphics and SWOT analysis of major industry segments
- Detailed analyses of industry trends
- A well-defined technological growth map with an impact-analysis
- Offers a clear understanding of the competitive landscape and key product segments