Explosive Growth on the Horizon: Microencapsulation Market Expected to Witness Robust 8.2% CAGR by 2032

The market for microencapsulation is anticipated to be worth US$ 6.5 billion in 2022 and grow to US$ 10.3 billion by 2032 at a CAGR of 8.2%.

As the need for functionally enriched foods and drugs develops, microencapsulation is becoming more common. Microencapsulated flavours, vitamins, minerals, essential oils, and other additives can be added to food products to improve their beneficial attributes.

Microencapsulation technologies have a significant impact on the pharmaceutical industry due to the advantages gained by producers. Active chemicals such as biomolecules, proteins, and genetic molecules are encapsulated in the pharmaceutical business to meet market demand for value-added items.

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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 microencapsulation 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 Microencapsulation 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 microencapsulation business.

Key Takeaways from Market Study

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Who is Winning?

Microencapsulation'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 microencapsulation are Reed Pacific, Novartis, Encapsys, GAT Microencapsulation, Koninklijke DSM, GlaxoSmithKline, Ronald T. Dodge Company, Capsulae, and AVEKA.

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Future Market Insights, in its new offering, provides an unbiased analysis of the microencapsulation market presenting historical demand data (2017-2021) and forecast statistics for the period from 2022-2032.

The study divulges compelling insights on microencapsulation 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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