Global microcapsule market (2021-2026)-continuous technological advancement to tap niche market opportunities

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Dublin, May 31, 2021 (Global News Agency) – “Microcapsule market by technology (spray, emulsion and drip), end-user industries (pharmaceutical and healthcare, food, household and personal care, textiles, agrochemicals), shell materials, core materials and regions-to 2026 Global forecast for the year” Report has been added to ResearchAndMarkets.com provide.

The market size of microcapsules in 2021 is estimated to be 8.4 billion U.S. dollars and is expected to reach 13.4 billion U.S. dollars by 2026, with a compound annual growth rate of 9.8% from 2021 to 2026.

The microcapsule market will see strong growth in different end-user industry verticals (such as pharmaceuticals and healthcare, food, household and personal care, textiles, agrochemicals, etc.). Manufacturers that produce microcapsules are taking the initiative and making huge investments in product launches and various business partnerships to improve the quality of their products and increase the revenue of their microcapsule business units.

The microcapsule is a small sphere with a uniform wall around it. The material inside the microcapsule is called the core, internal phase, or filler, while the wall is usually called the shell, coating, or membrane. The diameter of the microencapsulated particles ranges from 3 to 800 microns.

There are many types of shell materials that can be used to produce microcapsules, including melamine formaldehyde, carbohydrates, gums and resins, other polymers, lipids, and proteins. Among all these materials, the carbohydrate segment is expected to record the highest growth in the microcapsule market during the forecast period. This is mainly due to the increasing use of carbohydrate shell materials in the food industry.

During the forecast period, based on the size of core materials, medicines and healthcare drugs will lead the microcapsule market

As far as core materials are concerned, it is estimated that pharmaceuticals and healthcare drugs dominate the market in terms of scale. The growing demand for fortified foods with enhanced health benefits has driven the demand for microencapsulated drugs and health care drugs. In addition, the food additive segment is expected to become the second largest market during the forecast period. Increasing the use of acidulants, flavoring agents, and coloring agents in fortified foods helps the food additive market occupy a significant share of this market.

It is estimated that by 2021, spray technology will have a larger microcapsule market than emulsion, drip and other technologies

Due to the widespread application of spray technology in the pharmaceutical and healthcare, food, home and personal care industries, it is expected that spray technology will account for the largest share of the microcapsule market by 2021. During the forecast period, instillation technology may be the fastest growing market, mainly due to the growing demand for microencapsulated active ingredients in the global pharmaceutical industry.

North America is the largest region in the microcapsule market

In 2020, North America will account for the largest share of the microcapsule market, followed by Europe. The fast-paced lifestyle of consumers has led to high demand for functional and fortified foods in North America and Europe. This in turn has led to high demand for microcapsules in these regions, mainly in the food industry.

Key topics covered:

1 Introduction

2 Research methods

3 Executive summary

4 Advanced insights
4.1 Significant opportunities in the microcapsule market
4.2 Microcapsule market, by region
4.3 Microcapsule market, by end-user industry
4.4 Microcapsule market, by technology
4.5 North American microcapsule market, by end user industry and country
4.6 Microcapsule market, by core material

5 Market overview
5.1 Introduction
5.2 Market dynamics
5.2.1 Driver
5.2.1.1 Increased adoption of packaging technology by food and beverage manufacturers
5.2.1.1.1 High demand for functional and fortified food and beverage products
5.2.1.2 The pharmaceutical industry’s demand for microencapsulation continues to escalate
5.2.1.2.1 Controlled dosing
5.2.1.2.2 Targeted drug delivery
5.2.1.3 Promotion and application of microencapsulation technology in the pesticide industry
5.2.1.3.1 Use controlled release technology to improve pesticide efficiency
5.2.1.3.2 Use controlled release technology for convenience
5.2.1.3.3 Implement a microcapsule drug delivery system to reduce the application dose, minimize labor requirements, and ensure cost-effective paste management, thereby reducing overall costs
5.2.1.3.4 Due to the increasingly serious environmental problems, the deployment of microencapsulated agrochemicals
5.2.1.4 Market participants pay more attention to R&D activities to increase market share
5.2.1.5 Wide application of microcapsules
5.2.2 Opportunity
5.2.2.1 Continuous technological progress to open up niche markets
5.2.2.1.1 The growing demand for multi-component conveying systems
5.2.2.2 Emerging economies provide high growth opportunities
5.2.2.2.1 Governments of developing countries pay great attention to technological innovation and healthy diet and nutritional needs
5.2.3 Challenge
5.2.3.1 Maintain the stability of microcapsule components under different atmospheric conditions
5.2.3.2 Strict regulatory policies related to the use of formaldehyde, especially in Europe and the Asia-Pacific region
5.2.3.3 Choose the microencapsulation technology and shell material suitable for the specific application
5.2.4 Outbreak and rapid spread of COVID-19
5.3 Porter’s five forces analysis
5.4 Industry trends
5.4.1 Food industry

6 Value chain analysis

7 Microcapsule Market: Patent Analysis

8 The impact of COVID-19 on the microcapsule market

9 Regulatory framework governing the microcapsule market

10 Microcapsule market, by technology

11 Microcapsule market, by end-user industry

12 Microcapsule market, by shell material

13 Microcapsule market, by core material

14 Microcapsule market, by region

15 Competitive landscape

16 Company Profile
16.1 Major companies
16.1.1 BASF
16.1.2 International Flavors and Fragrances
16.1.3 Royal DSM
16.1.4 Symrise Ag
16.1.5 Givaudan
16.1.6 Royal Friesland Campina NV
16.1.7 Syngenta Crop Protection Ag
16.1.8 Sensen Technology Corporation
16.1.9 Lycored Company
16.1.10 Kohler Innovative Solutions
16.1.11 Balchem ​​Company
16.1.12 Capsule SAS
16.1.13 Tastetech Ltd.
16.1.14 Microencapsulation Technology (Mct)
16.1.15 Insilico Co. Ltd.
16.1.16 Matsumoto Mikushi Pharmaceutical Co., Ltd.
16.1.17 Encapsys
16.1.18 The Beauty of Arcade
16.1.19 Reed Pacific
16.1.20 Firmenich Sa
16.2 Additional players
16.2.1 Ronald T. Dodge Company
16.2.2 Microtek Laboratories, Inc.
16.2.3 Innovative biology
16.2.4 Getter Microencapsulation Co., Ltd.
16.2.5 Support Limited
16.2.6 Tagera Biotechnology Co., Ltd.

17 Appendix
17.1 Discussion guide
17.2 Knowledge Base: Subscription Portal
17.3 Available customizations

For more information about this report, please visit https://www.researchandmarkets.com/r/r1qlhs

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