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Food Encapsulation Market Share
- Report ID: GMI1203
- Published Date: Apr 2023
- Report Format: PDF
Food Encapsulation Market Share
Some of the key companies in the food encapsulation market include:
- Cargill
- FrieslandCampina Kievit
- Firmenich SA
- International Flavours & Fragrances Inc
- (IFF)
- Royal DSM
- BASF SE
- Symrise AG
- Kerry Group
- Ingredion Incorporated
- Lycored Group
- Sensient Technologies Corporation
- Balchem Corporation
- AVEKA Group.
Apart from focusing on technological advancements, these firms are actively adopting several collaboration initiatives to expand their global presence.
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.
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