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Food Encapsulation Market Analysis

  • Report ID: GMI1203
  • Published Date: Apr 2023
  • Report Format: PDF

Food Encapsulation Market Analysis

Food encapsulation market size from the micro encapsulation type segment is poised to observe more than 6% CAGR through 2032.  The demand for micro encapsulation is soaring considerable heights as it helps to protect food ingredients, including colors, flavors, and nutrients from degradation in instances of storage, processing, and distribution. This technology also provides improved quality and longer shelf life for food products. Growing preference among manufacturers and consumers will further add to the industry expansion.
 

Global Food Encapsulation Market Revenue Share, By Core Phase

Based on core phase, the food encapsulation market size from the vitamins segment will exceed USD 13.9 billion by 2032. The rising consumer interest towards health and wellness has made way for the growing intake of food products that comprise added vitamins among other nutrients. In recent years, minerals have picked prominent ground given their benefits in the optimal functioning of the immune system. To that end, the growing deployment of encapsulation technology to offer the efficient delivery of vitamins while ensuring their stability and retained potency will contribute to the market expansion.
 

Asia Pacific Food Encapsulation Market Size

Asia Pacific food encapsulation market share is slated to cross USD 16.7 billion by 2032. The strong presence of a vast and fast-growing population in the region has stirred the higher demand for food products. According to the UNFPA (UN Population Fund), the total population in India is set to increase to over 1.5 billion in 2030, from more than 1.4 billion in 2022. The rising rate of urbanization has also pushed the preference for convenience foods, further accelerating the adoption of encapsulated food ingredients.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of food encapsulation recorded more than USD 41 billion revenue in 2022 and is poised to witness over 6.5% CAGR from 2023 to 2032, due to the influx of on-the-go snacking and busy lifestyles mainly in North America.

The micro encapsulation type segment is expected to grow at 6% CAGR during 2023 to 2032, owing to the rising need to protect food ingredients, including colors, and flavors.

Asia Pacific industry share is slated to reach USD 16.7 billion by the end of 2032, attributed to the strong presence of a vast and fast-growing population in the region.

Cargill, FrieslandCampina Kievit, Firmenich SA, Royal DSM, BASF SE, Symrise AG, Kerry Group, Ingredion Incorporated, Lycored Group, Sensient Technologies Corporation, Balchem Corporation, and AVEKA Group are a few major food encapsulation providers.

Food Encapsulation Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 13
  • Tables & Figures: 345
  • Countries covered: 21
  • Pages: 270
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