Global Microencapsulation Market: Snapshot

Owing to the increasing requirement of household products and functional foods, the microencapsulation market is expected to boost during the forecast period. Rise in development of the pharmaceuticals industry is presumed to drive demand for microencapsulation. Microencapsulation of active ingredients like optical brighteners, antimicrobial agents, and fragrances in cleaning agents and detergents produce quality.

There is lot of capital investment required for research and development of best-suited shell materials and this may act as a restraining factor in the growth of the microencapsulation market. Despite its capital-intensive nature and requirement, the rate of purchasing power of consumers have increased. With this, the requirement for fortified food products and high performance detergents also extended. Moreover, probiotics, preservatives and food enzymes, dietary supplements, microencapsulated nutrients enhance the taste, nutrient content, texture and shelf life of food products. This in turn is expected to drive demand for global microencapsulation market.

The global microencapsulation market is presumed to be worth a US$9.13 bn by 2020. Technological innovations coupled with development of raw materials are the key factors anticipated to give new approaches for expansion of the market in the years to come.

Pharmaceuticals Contributing More Revenue Generation Owing to Achieving Targeted Drug Delivery

Based on segmentation by application, three important classifications of the global microencapsulation market are pharmaceuticals, household products, agrochemicals and food additives. As per the report, pharmaceuticals was the largest application segment and had a substantial share in the market in the recent past. This is because pharmaceuticals that utilizes microencapsulation helps to achieve sustained release of drugs for a long time, masks chemical odors. It also helps to achieve targeted drug delivery.

North America Contributing Larger Share to Dominate Microencapsulation Due to Growing Healthcare Awareness

The global microencapsulation market is studied on the basis of key geographies North America, Asia Pacific, Europe and Rest of the world. In the field of pharmaceuticals, there was large-scale usage of microencapsulation technology. This was due to advanced and progressive healthcare industries in the regions of Europe and North America.

Not only that, there was widespread consumer acceptance of functional food additive and household products in these regions. This reflected high geographic share of application of microencapsulation technology in both the regions. Therefore both North America and Europe collectively accounted for more share in the microencapsulation market.

Apart from that, Asia Pacific is anticipated to increase the usage of microencapsulated products due to the growing awareness about health and welfare among individuals in its developing nations of India, China and Japan. The Rest of the world is also looking forward to contribute to the market with rising power to purchase and by changing the dietary and retail preferences of its consumers.

To further fuel the demand for microencapsulation in developing regions, manufacturing companies that include food and surfactant, and pharmaceuticals are likely to grow rapidly.

Some of the key players in the global microencapsulation market are Reed Pacific and Aveka Inc., Lipo Technologies, GAT Microencapsulation GmbH, GAT Microencapsulation GmbH, and Microtek Laboratories. Clients across various application industries are provided with customized microencapsulation solutions by these companies. To provide optimum benefits to clients and enhance their functionality, these companies microencapsulate a wide range of active ingredients within shells. Leading companies like Nestle, 3M, P&G, Bayer CropScience and BASF utilize this technology to microencapsulate active ingredients like agrochemicals, adhesives, food additives, vitamins and fragrances.

 
Chapter 1 Preface
1.1 Report description
1.2 Market segmentation
      1.2.1 Global microencapsulation market segmentation
1.3 Research methodology
1.4 Research scope and assumptions
 
Chapter 2 Executive Summary
2.1 Global microencapsulation market, 2013 – 2020 (USD Million)
2.2 Global microencapsulation: Market snapshot (2013 and 2020)
 
Chapter 3 Microencapsulation – Industry Analysis
3.1 Introduction
3.2 Value chain analysis
3.3 Market drivers
      3.3.1 Rising trend of functional foods expected to augment demand for microencapsulation
               3.3.1.1 Global food additive market revenues, 2012 - 2020 (USD Million)
      3.3.2 Rising acceptance of specialty detergents & cleaning agents anticipated to boost demand for microencapsulated household detergents
               3.3.2.1 Global household detergents market, 2012 - 2020 (Million Tons)
      3.3.3 Growth of pharmaceutical industry expected to fuel the demand for microencapsulation
               3.3.3.1 Global pharmaceutical market, 2013 - 2020 (USD Billion)
3.4 Market restraints
      3.4.1 Requirement of extensive research to choose appropriate technology and core materials
3.5 Market opportunities
      3.5.1 Paints & coatings industry to open new avenues for growth of microencapsulation market
3.6 Porter’s five forces analysis
      3.6.1 Bargaining power of suppliers
      3.6.2 Bargaining power of buyers
      3.6.3 Threat of new entrants
      3.6.4 Threat of substitutes
      3.6.5 Degree of competition
3.7 Microencapsulation: Market attractiveness analysis
 
Chapter 4 Microencapsulation Market – Application Analysis
4.1 Global microencapsulation market: Application analysis
      4.1.1 Global microencapsulation market volume share, by application, 2013 and 2020
      4.1.2 Pharmaceuticals
               4.1.2.1 Global microencapsulation market for pharmaceuticals, 2013 – 2020 (USD Million)
      4.1.3 Household products
               4.1.3.1 Global microencapsulation market for household products, 2013 – 2020 (USD Million)
      4.1.4 Agrochemicals
               4.1.4.1 Global microencapsulation market for agrochemicals, 2013 – 2020 (USD Million)
      4.1.5 Food additives
               4.1.5.1 Global microencapsulation market for food additives, 2013 – 2020 (USD Million)
      4.1.6 Others
               4.1.6.1 Global microencapsulation market for other applications, 2013 – 2020 (USD Million)
 
Chapter 5 Microencapsulation Market – Regional Analysis
5.1 Global microencapsulation market: Regional analysis
      5.1.1 Global microencapsulation market revenue share, by region, 2013 and 2020
5.2 North America
      5.2.1 North America microencapsulation market, by application, 2013 – 2020 (USD Million)
5.3 Europe
      5.3.1 Europe microencapsulation market, by application, 2013 – 2020 (USD Million)
5.4 Asia Pacific
      5.4.1 Asia Pacific microencapsulation market, by application, 2013 – 2020 (USD Million)
5.5 Rest of the world (RoW)
      5.5.1 RoW microencapsulation market, by application, 2013 – 2020 (USD Million)
 
Chapter 6 Company Profiles
6.1 BASF S.E.
      6.1.1 Company overview
      6.1.2 Product portfolio
      6.1.3 Financial overview
      6.1.4 Business strategy
      6.1.5 SWOT analysis
      6.1.6 Recent developments
6.2 Lipo Technologies
      6.2.1 Company overview
      6.2.2 Product portfolio
      6.2.3 Business strategy
      6.2.4 SWOT analysis
      6.2.5 Recent developments
6.3 Dow Corning Corporation
      6.3.1 Company overview
      6.3.2 Product portfolio
      6.3.3 Financial overview
      6.3.4 Business strategy
      6.3.5 SWOT analysis
6.4 Ronald T. Dodge Company
      6.4.1 Company overview
      6.4.2 Product portfolio
      6.4.3 Business strategy
      6.4.4 SWOT analysis
6.5 Encapsys
      6.5.1 Company overview
      6.5.2 Product portfolio
      6.5.3 Financial overview
      6.5.4 Business strategy
      6.5.5 SWOT analysis
      6.5.6 Recent development
6.6 Balchem Corporation
      6.6.1 Company overview
      6.6.2 Product portfolio
      6.6.3 Financial overview
      6.6.4 Business strategy
      6.6.5 SWOT analysis
      6.6.6 Recent developments
6.7 Aveka, Inc.
      6.7.1 Company overview
      6.7.2 Product portfolio
      6.7.3 Business strategy
      6.7.4 SWOT analysis
6.8 Capsulae
      6.8.1 Company overview
      6.8.2 Product portfolio
      6.8.3 Business strategy
      6.8.4 SWOT analysis
      6.8.5 Recent developments
6.9 Reed Pacific
      6.9.1 Company overview
      6.9.2 Product portfolios
      6.9.3 Business strategy
      6.9.4 SWOT analysis
      6.9.5 Recent developments
6.10 Microtek Laboratories, Inc.
      6.10.1 Company overview
      6.10.2 Product portfolio
      6.10.3 Business strategy
      6.10.4 SWOT analysis
6.11 Bayer AG
      6.11.1 Company overview
      6.11.2 Product portfolio
      6.11.3 Financial overview
      6.11.4 Business strategy
      6.11.5 SWOT analysis
      6.11.6 Recent developments
6.12 Taste Tech Ltd.
      6.12.1 Company overview
      6.12.2 Product portfolio
      6.12.3 Business strategy
      6.12.4 SWOT analysis
6.13 3M
      6.13.1 Company overview
      6.13.2 Product portfolio
      6.13.3 Financial overview
      6.13.4 Business strategy
      6.13.5 SWOT analysis
6.14 Evonik Industries AG
      6.14.1 Company overview
      6.14.2 Product portfolio
      6.14.3 Financial overview
      6.14.4 Business strategy
      6.14.5 SWOT analysis
      6.14.6 Recent developments
6.15 GAT Microencapsulation GmbH
      6.15.1 Company overview
      6.15.2 Product portfolio
      6.15.3 Business strategy
      6.15.4 SWOT analysis
      6.15.5 Recent developments
List of Tables 
 
TABLE 1 Microencapsulation: Global snapshot
TABLE 2 Drivers for microencapsulation market: Impact analysis
TABLE 3 Restraints for microencapsulation market: Impact analysis
TABLE 4 Major microencapsulation methods and applications
TABLE 5 North America microencapsulation market, by application, 2013 – 2020 (USD Million)
TABLE 6 Europe microencapsulation market, by application, 2013 – 2020 (USD Million)
TABLE 7 Asia Pacific microencapsulation market, by application, 2013 – 2020 (USD Million)
TABLE 8 RoW microencapsulation market, by application, 2013- 2020 (USD Million)

List of Figures 

 

FIG. 1 Global microencapsulation market segmentation

FIG. 2 Global microencapsulation market, 2013 – 2020 (USD Million)

FIG. 3 Microencapsulation: Value chain analysis

FIG. 4 Global food additive market revenues, 2012 - 2020 (USD Million)

FIG. 5 Global household detergents market, 2012 - 2020 (Million Tons)

FIG. 6 Global pharmaceutical market, 2013 - 2020 (USD Billion)

FIG. 7 Porter’s five forces analysis for microencapsulation market

FIG. 8 Microencapsulation: Market attractiveness analysis

FIG. 9 Global microencapsulation market volume share, by application, 2013 and 2020

FIG. 10 Global microencapsulation market for pharmaceuticals, 2013 - 2020 (USD Million)

FIG. 11 Global microencapsulation market for household products,  2013 - 2020 (USD Million)

FIG. 12 Global microencapsulation market for agrochemicals, 2013 - 2020 (USD Million)

FIG. 13 Global microencapsulation market for food additive, 2013 - 2020 (USD Million)

FIG. 14 Global microencapsulation market for other applications, 2013 - 2020 (USD Million)

FIG. 15 Global microencapsulation market revenue share, by region, 2013 and 2020

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Microencapsulation Market