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Food Encapsulation Market Size
- Report ID: GMI1203
- Published Date: Apr 2023
- Report Format: PDF
Food Encapsulation Market Size
Food Encapsulation Market size valued at USD 41 billion in 2022 and is anticipated to exhibit 6.5% CAGR from 2023 to 2032.
The influx of on-the-go snacking and busy lifestyles mainly in North America will drive the industry growth. The challenges of limited time for meal preparation and consumption has compelled people to seek out snacks for quick and easy intake without sacrificing the nutrition and taste. Hence, the demand for encapsulated foods is growing as they are portable and easy to consume. The surging consumer awareness regarding the consumption of natural supplements will also anchor the preference for food encapsulation techniques.
| Report Attribute | Details |
|---|---|
| Base Year: | 2022 |
| Food Encapsulation Market Size in 2022: | USD 41.10 Billion |
| Forecast Period: | 2023 to 2032 |
| Forecast Period 2023 to 2032 CAGR: | 6.5% |
| 2032 Value Projection: | USD 77.8 Billion |
| Historical Data for: | 2018 to 2022 |
| No. of Pages: | 270 |
| Tables, Charts & Figures: | 345 |
| Segments covered: | Application and Region |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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The escalating production costs associated with encapsulated food ingredients is likely to boost the food encapsulation market growth. As encapsulation technology comprises multiple complex processes, it leads to various additional costs. Hence, the escalating production charges of encapsulated food ingredients can limit their usage by food manufacturers. Higher investment costs are another challenge restricting the technology demand to some extent.
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Food Encapsulation Market Scope
