Food Encapsulation Market size is expected to cross USD 77.8 billion by 2032, according to a new research report by Global Market Insights Inc.
The increasing consumption of healthier and functional foods to cater to the rapidly expanding health-conscious population mostly in Europe will enhance the market demand. In recent years, there is a stronger need for foods that offer just basic nutrition. Hence, the encapsulation deployment is growing as it helps to add functional ingredients, such as minerals, vitamins, and probiotics to foods to turn them healthier and functional. The fast-growing population along with the growing rate of urbanization in several APAC countries has stirred the higher adoption of convenience foods, further driving the preference for encapsulated food ingredients.
Increasing importance of nanoencapsulation
The food encapsulation market from the nanoencapsulation segment will record over 6.5% CAGR from 2023 to 2032. The demand for nanoencapsulation is significantly increasing as it ensures improved bioavailability and absorption of food ingredients, including vitamins, antioxidants, among other bioactive compounds. The adoption of nano encapsulation is also growing as nano-sized particles are capable of more easily crossing biological barriers, including the intestinal wall for reaching their target cells or tissues.
Scaling demand for organic acids
Based on core phase, the food encapsulation industry from the organic acid segment is projected to exceed USD 7 billion by 2032. Organic acids have grown largely popular as natural preservatives as they assist in extending the shelf life of food products by limiting the growth of bacteria among other microorganisms. To that end, the adoption of encapsulation technology is widely growing as it helps to enhance the effectiveness of organic acids through protection from degradation for ensuring their controlled release over time.
Browse key industry insights spread across 270 pages with 333 market data tables and 12 figures & charts from the report, “Food Encapsulation Market Size By Type (Micro Encapsulation, Nano Encapsulation, Hybrid Technology, Macro Encapsulation), By Core Phase (Vitamins, Organic Acids, Minerals, Enzymes, Flavors & Essences, Preservatives, Sweeteners, Colors, Probiotics, Prebiotics, Essential Oil), By Technology, By Shell Material & Global Forecast, 2023-2032” in detail along with the table of contents:
North America to lead the regional growth
North America food encapsulation industry size will surpass USD 27.9 billion by 2032, driven by the surging preference for functional foods. A large number of consumers in the region are turning health-conscious and are hence opting for food products to match the requirements for additional health benefits and basic nutrition. Thereby, the addition of encapsulated ingredients, including minerals, vitamins, and probiotics to food products for enhancing their nutritional value will also play a key role in the industry expansion.
Food Encapsulation Market players
Prominent participants operating across the market include Cargill, FrieslandCampina Kievit, Royal DSM, Symrise AG, International Flavours & Fragrances Inc. (IFF), Sensient Technologies Corporation, Lycored Group, BASF SE, Kerry Group, Ingredion Incorporated, Balchem Corporation, Firmenich SA, and AVEKA Group. These companies are constantly focusing on various inorganic growth strategies, such as acquisitions and partnerships to scale their revenues and global presence.