Microcapsule
is becoming more common as the need for functionally enriched foods and
medications grows. Flavors, vitamins, minerals, essential oils, and other additives
can be microencapsulated and added to food products to increase their useful
properties.
The global microencapsulation market is
estimated to be valued at US$ 6.5 Bn in 2022 and is projected
to reach US$ 10.3 Bn by 2032, at a CAGR of 8.2% from
2022 to 2032.
Because of the advantages achieved by manufacturers, Microcapsule
technologies have a considerable impact on the pharmaceutical business. In the
pharmaceutical industry, active compounds such as biomolecules, proteins, and
genetic molecules are encapsulated to meet market demand for value-added goods.
Encapsulation is a procedure that major corporations around
the world are focusing on because they regard it as a method of immune
protection. Technology in the Microcapsule sector is widely used to manufacture
and sell its products all over the world.
In the future, textiles will be another popular industry in
the worldwide Microcapsule Market. Rising demand for cosmo-textile
manufacturing technology is expected to assist market progress. Changing
lifestyles are expected to stimulate demand for personal care products, which
might be good news for the Microcapsule business.
Key Takeaways from Market Study
- North
America represented 33% of overall sales in North America in 2021, because
of strong demand for pharmaceutical-grade food and beverages.
- The
UK Microcapsule Market is expected to grow at a CAGR of 5.9% from 2022 to
2032, owing to the early adoption of the technology in end-use
applications. Large pharmaceutical corporations in the region, such as
GlaxoSmithKline and Novartis, have influenced market demand by
concentrating on the development of new drug delivery techniques.
- In
terms of applicability, the pharmaceutical and healthcare products
industry is anticipated to be the most profitable. For regulated medicine
delivery, Microcapsule is commonly employed in the healthcare and pharmaceutical
industries. Pharmaceutical companies routinely use Microcapsule technology
to hide the strong taste or odor of medications and to allow for targeted
and controlled delivery.
- Gelatine
is a widely used coating material that is predicted to expand at a
substantial rate of more than 5% CAGR throughout the forecast period.
Because it is a water-soluble resin, it is frequently employed in the
pharmaceutical, food, and agriculture industries.
- “The
rising demand for technologies to produce beauty supplements utilizing
natural ingredients is projected to assist market expansion. Furthermore,
as more people become aware of the health benefits of N-3 fatty acids,
the demand for Microcapsule for masking applications is expected to
increase.”says a lead analyst at Future Market Insights.
Who is Winning?
Microcapsule’s growth is expected to be fueled by its
growing popularity in a range of end-user industries. Because qualities
including durability, bioavailability, distribution, and efficacy are all
closely regulated, encapsulation is essential for medicinal foods,
nutraceuticals, and meal-replacement products.
For example, In India, Koninklijke DSM opened a second plant
for animal nutrition and health premixes in 2018. The firm has grown its
geographical presence as well as its manufacturing capability as a result of
this expansion, in order to meet the region’s expanding demand.
Some of the leading companies offering Microcapsule are Reed
Pacific, Novartis, Encapsys, GAT Microcapsule, Koninklijke DSM,
GlaxoSmithKline, Ronald T. Dodge Company, Capsulae, and AVEKA.
Get More Valuable Insights
Future Market Insights, in its new offering, provides an
unbiased analysis of the Microcapsule market presenting historical demand data
(2017-2021) and forecast statistics for the period from 2022-2032.
The study divulges compelling insights on Microcapsule based
on application (pharmaceutical & healthcare products, food & beverages,
household & personal care products, agrochemicals, construction material,
textiles, and other applications), technology (spray technology, dripping
technology, emulsion technology, and other technologies), core material
(agricultural inputs, food additives, pharmaceutical & healthcare drugs,
fragrances, phase change material, other core materials), shell material
(polymers, gums & resins, lipids, carbohydrates, proteins) across seven
major regions of the world (North America, Latin America, Europe, East Asia,
South Asia, Oceania, and MEA).
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Read More: https://www.futuremarketinsights.com/reports/microencapsulation-market