Global Food Encapsulation Market size is projected to be valued $52 Billion by 2024; with a CAGR of 6.7% from 2017 to 2025. The food encapsulation process enhances the stability, protects from moisture & heat, and maintains the viability of food materials. Polysaccharides, proteins, and lipids are most widely used for encapsulation in food applications. As the food industry intends to maximize the benefits of additives and bioactive components in foods, the market would show notable growth rate in the future years.
Adoption of latest innovations in food technology, rise in consumer health consciousness, expanding functional food market, time constraints of consumers, and increase in applications of food encapsulation are the major factors propelling the growth of the global food encapsulation market. However, long downtime for commercialization and complex process involved in maintaining the stability could hamper the market. Furthermore, advancements in encapsulating technology and emerging markets would create new opportunities for competitors in the coming years.
The global food encapsulation market is segmented on the basis of core phase, shell material, technology, application, and geography. Core phase includes vitamins, minerals, enzyme, probiotics, sweeteners, organic acids, preservatives, essential oil, prebiotics, colours, flavour and essence, and other core phases. Shell material is bifurcated into hydrocolloids, lipids, polymers, melts, and other shell materials (composites). Technology is further categorized as microencapsulation, nanoencapsulation, macroencapsulation, and hybrid technology. Moreover, the market is segmented by application into bakery and confectionery, beverages, functional foods, snacks/convenience foods, meat, poultry and seafoods, and dairy and frozen desserts.
By geography the market is segmented into North America, Europe, Asia-Pacific and Rest of the World (RoW). The U.S., Mexico and Canada are covered under North America wherein Europe covers UK, Germany, France, Italy, and Rest of Europe. Asia-Pacific covers China, India, Japan, and Rest of Asia-Pacific. Rest of the world (RoW) covers South America, Middle East and Africa.
The major market players include LycoRed Limited, National Enzyme Company, LIPO Technologies, Symrise AG, Balchem Corporation, Cargill, Inc., Advanced BioNutrition Corporation, GAT Food Essentials GmbH, FrieslandCampina Kievit GmbH, and Kerry Group, among others.
The report covers
Scope of the Global Food Encapsulation Market
Core Phase Segments
Shell Material Segments