The Microencapsulation Market is expected to grow at a CAGR of 11.7% from 2020 to 2027 to reach $17.31 billion by 2027. Microencapsulation is a complex technique that involves the creation of shells, whether natural or synthetic, where particles of active ingredients are stored and remain protected from the environment. Many products contain active substances that require encapsulation for increased stability. Microencapsulation acts as an important industry tool, enabling the protection and controlled release of several active agents.
The microencapsulation market is mainly driven by factors, such as growing demand for pharmaceutical & agrochemical products; rising demand for functional food products; strong growth in the cosmetic industry; growing demand for microencapsulated fragrances due to their wide applications across the home care and personal care industries; and rising R&D investment for improving process efficiency. However, the high production costs of some microencapsulation processes and stringent regulatory requirements are factors expected to restrain the future growth of this market marginally.
The Impact of COVID-19 on the Microencapsulation Market
The COVID-19 disease caused by the novel coronavirus SARS-nCoV-2 has created a severe public health emergency globally, with its quick spread in more than 215 countries. According to the World Health Organization, the number of cases of COVID-19 continues to climb, with more than 112,209,815 confirmed cases and 2,490,776 deaths worldwide, as of 25th February 2021. To combat & control the spread of this disease, many countries declared emergencies and announced complete nationwide, statewide, or citywide lockdown, putting off all the travel, transport, manufacturing, educational institutions, and non-essential trade. This has had a significant impact on many industries globally, hitting hard in terms of reduced manufacturing and distributions across the globe. Home and personal care and agrochemicals are a few of such industries where manufacturers are facing disruptions in raw material supply as a consequence of the pandemic. Also, imports and exports in many countries have either been restricted or delayed since the outbreak, creating hurdles for personal care, agrochemicals, industrial and other product suppliers.
This has resulted in the reduced demand and revenue for many players across these industrial sectors. For instance, in the first half of 2020, Kao Corporation registered a decline of 13.8% in its operating profit due to reduced sales across personal care businesses due to the COVID-19 pandemic. Similarly, the Japanese cosmetic industry player— Shiseido Company registered an 18.9% drop in revenue for 2020.
Therefore, the decreased demand and revenue across personal care, agrochemicals, and other industrial sectors during the COVID-19 pandemic have a retaliative impact on the demand for microencapsulation from these industries.
However, the impact on some home care products, like surface disinfectants & hand sanitizers; nutraceutical & dietary supplements; and some pharmaceuticals was completely inverse with a significant surge in demand during 2020. The consumer purchasing of consumer-packaged goods, such as healthcare, F&B, and home care products, experienced unprecedented sales growth, in some countries reaching gains as high as 96%.
Sales of vitamin and mineral supplements increased significantly during the pandemic, which boosted the revenue of multinationals, such as Nestlé, Procter & Gamble, and Reckitt Benckiser. For instance, in the U.S., in June 2020, the consumer-packaged-goods (CPG) sale was ~18% higher as compared to the previous year. Similarly, the demand for vitamin products has sharply increased by 44% during the six weeks ending April 5, 2020, up from the same period in 2019. The highest surge in demand was observed for microencapsulated dietary supplements, as it provides strong immune function and decreases the health threat possibility.
Further, the COVID-19 outbreak highlights the need to prevent the spread by decreasing the risk of contamination. Disinfectants and other home cleaning products play a key role in doing so. The cleaning and disinfection of homes and clothes have gained priority as people are looking to protect themselves and their families. The demand for microencapsulation in the manufacture of home care products has increased. Some of the related examples of the impact on sales, product prices, and production in this category are as follows:
Therefore, strong demand for pharmaceuticals, dietary supplements, food and beverages, and home care products due to COVID-19 will support the growth of the microencapsulation market, as microcapsules are manufactured and added to these products to preserve and release active ingredients. Thus, considering the overall impact of COVID-19 across all industrial sectors using microencapsulation technology, the growth rate of the market declined in 2020 even if this market is registering positive growth in total.
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Rising demand for functional food products
Over the past few years, functional food has gained popularity within health and wellness circles. They are highly nutritious and associated with several health benefits. The global demand for functional food is mainly driven by the factors such as increasing consumer awareness regarding micronutrient deficiencies, growing need to overcome malnutrition/undernutrition, and growing health concerns coupled with increasing disease occurrences. Also, increasing consumer`s disposable income is further expected to propel the demand for functional food.
In 2016, the undernourished population stood at 796.5 million, which is expected to reach 841.4 million by 2030. (Source: State of Food Security and Nutrition in the World Report). In 2019, there were 144 million stunted children, 47 million wasted children, and 38 million overweight children (Source: UNICEF). Undernutrition and malnutrition are caused due to a lack of nutrition in the diet, and to overcome this, the demand for fortified food is increasing.
Furthermore, urbanization is also playing a vital role in growing the demand for fortified food products. As people are becoming economically strong with additional disposable incomes, the affordability of fortified foods is improving. This, coupled with rising awareness of health and wellness, is driving greater uptake of fortified foods.
According to the Department of Economic and Social Affairs of the United Nations, as of 2019, nearly 56% of the world’s population lives in urban areas. This share is expected to increase to 68% by 2050. Urbanization leads to the busy life schedule of populations, resulting in a lower focus on diet plans. Hence, people are not consuming basic required nutrients through their meals, which further leads to the increasing number of nutritional deficiencies. This will lead to a significant rise in demand for fortified foods for compensating essential nutrients to prevent deficiencies.
Further, in response to the COVID-19 pandemic, consumers are increasingly demanding products that offer immunity-boosting benefits as a preventive measure. The functional food industry is seeing a rapid surge in demand for products containing immune-boosting natural ingredients. For instance, according to SmartBrief, in 2020, almost a third of people (29%) consumed more functional foods and beverages than in 2019.
Rising demand for functional food products boosts the growth of the market, as microencapsulation aids in flavor and odor masking along with precise delivery of the nutrient. Also, it offers improved shelf life of end products with improved heat and oxidative resistance.
Key Findings in the Microencapsulation Market Study:
In 2020, the pharmaceutical & healthcare drugs segment to dominate the microencapsulation market
On the basis of core material, the pharmaceutical & healthcare drugs segment is estimated to generate the largest proportion of revenue of the microencapsulation market in 2020. Key factors contributing to this segment's dominant position are cost-effectiveness compared to other technologies, particle size reduction for high solubility, and controlled and sustained drug release. Adding to this, microencapsulation helps in masking odor and taste.
In 2020, the liquid segment to dominate the microencapsulation market
Based on core form, in 2020, the liquid segment is projected to command the largest share of the microencapsulation market. The use of microencapsulation for converting liquid core active substances, such as oils, pigments, solvents, perfumes, and agrochemicals to solid/powder form, is majorly attributed to the large share of this segment. These liquid materials have the property of getting dissolved and dispersed, which needs microencapsulation requirements for their enhanced timely delivery and better performance.
The polysaccharides segment to grow at the highest CAGR during the forecast period
Based on coating material, the polysaccharides segment is estimated to grow at the highest CAGR during the forecast period. The large share of this segment is mainly attributed to its increasing usage in the food industry and easy approval of polysaccharides by regulatory authorities. Polysaccharides can be obtained from abundant renewable sources and are typically non-toxic, making them valuable for food and pharmaceutical formulations. Further, starch is the most consumed polysaccharide in the human diet as it is generally regarded as safe material and is therefore listed in the GRAS list of the U.S. Food and Drug Administration.
In 2020, the physico-mechanical methods segment to dominate the microencapsulation market
Based on technology/method, the physico-mechanical methods segment is estimated to generate the largest proportion of revenue of the microencapsulation market in 2020. Key factors contributing to this segment’s major share include a wide range of benefits offered by these technologies, including high production capacity, high recovery efficiency, cost-effectiveness, and simplicity of the safety process.
In 2020, the pharmaceutical segment to account for the largest share of the microencapsulation market
Based on application, the pharmaceutical segment is estimated to command the largest share of the microencapsulation market in 2020. The major use of microencapsulation in the pharmaceutical industry to protect drugs from the environment, stabilize sensitive drug substances, eliminate incompatibilities, or mask unpleasant taste is one of the major drivers for the growth of this segment. The demand for microencapsulated biomolecules is increasing in the pharmaceutical industry due to its effective and targeted delivery.
In 2020, North America to dominate the microencapsulation market
Geographically, the microencapsulation market is segmented into five major regions: North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. These regions are further analyzed at a country level with detailed qualitative and quantitative analysis. North America is estimated to account for the largest share of the microencapsulation market in 2020, followed by Europe and Asia-Pacific. The growing demand for functional products with novel technologies, such as microencapsulation, increasing innovation in the personal care & cosmetics industries, and strong growth in the pharmaceutical industry are the major factors driving the North American market.
Key Players
The report includes a competitive landscape based on an extensive assessment of the key strategic developments by leading market participants in the industry over the past four years. Some of the key players operating in the microencapsulation market are Givaudan S.A. (Switzerland), International Flavors & Fragrances, Inc.(U.S.), Encapsys, LLC (U.S.), Reed Pacific Pty Limited (Australia), Firmenich Incorporated (Switzerland), Symrise AG (Germany), Ingredion Incorporated (U.S.), MikroCaps d.o.o (Slovenia), Koehler Innovative Solutions (Germany), Koninklijke DSM N.V. (Netherlands), Sensient Technologies (U.S.), Evonik Industries AG (Germany), and Micropore Technologies Limited (U.K.), among others.
Scope of the Report:
Microencapsulation Market, by Core Material
Microencapsulation Market, by Core Form
Microencapsulation Market, by Coating Material
Microencapsulation Market, by Technology
Microencapsulation Market, by Application/Industrial Sector
Microencapsulation Market, by Geography
Key questions answered in the report-
This report provides pre & post COVID-19 market estimates.
1 Introduction
1.1. Market Definition
1.2. Market Ecosystem
1.3. Currency
1.4. Key Stakeholders
2 Research Methodology
2.1. Research Process
2.2. Data Collection & Validation
2.2.1. Secondary Research
2.2.2. Primary Research
2.3. Market Assessment
2.3.1. Market Size Estimation
2.3.1.1. Bottom-Up Approach
2.3.1.2. Top-Down Approach
2.3.1.3. Growth Forecast
2.4. Assumptions for the Study
2.5. Limitations for the Study
3 Executive Summary
3.1. Introduction
3.2. Segment Analysis
3.3. Regional Analysis
3.4. Key Players
4 Market Insights
4.1. Introduction
4.2. Drivers
4.2.1. Increasing Adoption from Pharmaceutical Industry for Controlled Release & Targeted Release of Active Compounds
4.2.2. Growing Demand in the Functional Food Industry
4.2.3. Rising Demand from the Agrochemicals Sector
4.2.4. Strong Growth in the Cosmetics Industry
4.2.5. Growing Demand for Microencapsulated Fragrances in Home and Personal Care Products
4.3. Restraints
4.3.1. High Production Cost of Microencapsulation Process
4.3.2. Increasing Demand for Nano-Encapsulation Technology
4.4. Opportunities
4.4.1. Need to Reduce Capsule Size and Increase Bioavailability
4.4.2. Growing Need of Multicomponent Delivery Systems
4.4.3. Emerging Economies
5 COVID-19 Impact Analysis on the Global Microencapsulation Market
6 Microencapsulation Market, by Core Material
6.1. Introduction
6.2. Pharmaceutical and Healthcare Drugs
6.3. Fragrances
6.4. Food, Feed, and Nutraceuticals
6.4.1. Vitamins and Minerals
6.4.2. Prebiotics and Probiotics
6.4.3. Amino Acids and Proteins
6.4.4. Flavors and Colors
6.4.5. Sweeteners
6.4.6. Enzymes
6.4.7. Organic Acids
6.4.8. Essential Oils
6.4.9. Other Food, Feed, and Nutraceuticals
6.5. Agricultural Inputs
6.6. Other Core Materials
7 Microencapsulation Market, by Core Form
7.1. Introduction
7.2. Liquid
7.3. Solid
7.4. Gas
8 Global Microencapsulation Market, by Coating Material
8.1. Introduction
8.2. Polysaccharides
8.3. Proteins
8.4. Lipids & Waxes
8.5. Gums & Resins
8.6. Other Coating Materials
9 Microencapsulation Market, by Method
9.1. Introduction
9.2. Physico-mechanical
9.2.1. Spray Drying
9.2.2. Fluidized Bed Spray Coating
9.2.3. Co-Extrusion
9.2.4. Spray Chilling or Congealing
9.2.5. Other Physico-mechanical Methods
9.3. Physico-chemical
9.3.1. Coacervation or Phase Separation Methods
9.3.2. Other Physicochemical Methods
9.4. Chemical
9.4.1. In-Situ Polymerization
9.4.2. Interfacial Polymerization
9.5. Other Methods
10 Global Microencapsulation Market, by Application
10.1. Introduction
10.2. Pharmaceuticals
10.3. Home and Personal Care
10.3.1. Personal Care
10.3.1.1. Skincare Products
10.3.1.2. Haircare Products
10.3.1.3. Deodorants and Perfumes
10.3.1.4. Other Personal Care Products
10.3.2. Home Care
10.3.2.1. Laundry Detergents and Fabric Conditioners
10.3.2.2. House Cleaning Agents
10.3.2.3. Other Home Care Products
10.4. Food, Feed, and Nutraceuticals
10.5. Agrochemicals
10.6. Other Applications
11 Microencapsulation Market, by Geography
11.1. Introduction
11.2. North America
11.2.1. U.S.
11.2.2. Canada
11.3. Europe
11.3.1. Germany
11.3.2. France
11.3.3. U.K.
11.3.4. Italy
11.3.5. Spain
11.3.6. Rest of Europe (RoE)
11.4. Asia-Pacific
11.4.1. China
11.4.2. India
11.4.3. Japan
11.4.4. Rest of Asia-Pacific (RoAPAC)
11.5. Latin America
11.6. Middle East & Africa
12 Competitive Landscape
12.1. Introduction
12.2. Competitive Benchmarking
13 Company Profiles (Business Overview, Financial Overview, Product Portfolio, and Strategic Developments)
13.1. Givaudan S.A.
13.2. International Flavors & Fragrances, Inc. (IFF)
13.3. Encapsys, LLc
13.5. Firmenich Incorporated
13.6. Symrise AG
13.7. Ingredion Incorporated
13.8. BASF SE
13.9. MikroCaps d.o.o
13.10. Koehler Innovative Solutions
13.11. Koninklijke DSM N.V.
13.12. Sensient Technologies Corporation
13.13. Evonik Industries AG
13.14. Micropore Technologies Limited
13.15. Capsularis
14 Appendix
14.1. Questionnaire
14.2. Available Customization
List of Tables
Table 1 Global Microencapsulation Market Drivers: Impact Analysis for (2020-2027)
Table 2 Global Microencapsulation Market Restraints: Impact Analysis for (2020-2027)
Table 3 Microencapsulation Technology and Particle Size
Table 4 Global Microencapsulation Market Size, by Core Material, 2018–2027 (USD Million)
Table 5 List of Some Microencapsulated Drugs
Table 6 Microencapsulation Market Size for Pharmaceutical & Healthcare Drugs, by Country/Region, 2018–2027
Table 7 Microencapsulation Market Size for Fragrances, by Country/Region, 2018–2027 (USD Million)
Table 8 Global Microencapsulation Market Size for Food, Feed, and Nutraceuticals, by Type, 2018–2027 (USD Million)
Table 9 Microencapsulation Market Size for Food, Feed, and Nutraceuticals, by Country/Region, 2018–2027 (USD Million)
Table 10 Microencapsulation Market Size for Vitamins and Minerals, by Country/Region, 2018–2027 (USD Million)
Table 11 Microencapsulation Market Size for Prebiotics and Probiotics, by Country/Region, 2018–2027 (USD Million)
Table 12 Microencapsulation Market Size for Amino Acids and Proteins, by Country/Region, 2018–2027 (USD Million)
Table 13 Microencapsulation Market Size for Flavors and Colors, by Country/Region, 2018–2027 (USD Million)
Table 14 Microencapsulation Market Size for Sweeteners, by Country/Region, 2018–2027 (USD Million)
Table 15 Microencapsulation Market Size for Enzymes, by Country/Region, 2018–2027 (USD Million)
Table 16 Microencapsulation Market Size for Organic Acids, by Country/Region, 2018–2027 (USD Million)
Table 17 Microencapsulation Market Size for Essential Oils, by Country/Region, 2018–2027 (USD Million)
Table 18 Microencapsulation Market Size for Other Food, Feed, and Nutraceuticals, by Country/Region, 2018–2027 (USD Million)
Table 19 Microencapsulation Market Size for Agricultural Inputs, by Country/Region, 2018–2027 (USD Million)
Table 20 Microencapsulation Market Size for Other Core Materials, by Country/Region, 2018–2027 (USD Million)
Table 21 Global Microencapsulation Market, by Core Form, 2018–2027 (USD Million)
Table 22 Liquid Core Microencapsulation Market Size, by Country/Region, 2018–2027 (USD Million)
Table 23 Solid Core Microencapsulation Market Size, by Country/Region, 2018–2027 (USD Million)
Table 24 Gas Core Microencapsulation Market Size, by Country/Region, 2018–2027 (USD Million)
Table 25 Global Microencapsulation Market Size, by Coating Material, 2018–2027 (USD Million)
Table 26 Polysaccharide Coating Microencapsulation Market Size, by Country/Region, 2018–2027 (USD Million)
Table 27 Proteins Coating Microencapsulation Market Size, by Country/Region, 2018–2027 (USD Million)
Table 28 Lipid & Waxes Coating Microencapsulation Market Size, by Country/Region, 2018–2027 (USD Million)
Table 29 Gums & Resins Coating Microencapsulation Market Size, by Country/Region, 2018–2027 (USD Million)
Table 30 Other Coating Materials Coating Microencapsulation Market Size, by Country/Region, 2018–2027 (USD Million)
Table 31 Global Microencapsulation Market Size, by Method, 2018–2027 (USD Million)
Table 32 Global Physico-mechanical Methods Market Size, by Technology, 2018–2027 (USD Million)
Table 33 Physico-mechanical Methods Market Size, by Country/Region, 2018–2027 (USD Million)
Table 34 Spray Drying Microencapsulation Methods Market Size, by Country/Region, 2018–2027 (USD Million)
Table 35 Fluidized Bed Spray Coating Microencapsulation Methods Market Size, by Country/Region, 2018–2027 (USD Million)
Table 36 Co-Extrusion Microencapsulation Methods Market Size, by Country/Region, 2018–2027 (USD Million)
Table 37 Spray Chilling or Congealing Microencapsulation Methods Market Size, by Country/Region, 2018–2027 (USD Million)
Table 38 Other Physico-mechanical Microencapsulation Methods Market Size, by Country/Region, 2018–2027 (USD Million)
Table 39 Global Physicochemical Microencapsulation Methods Market Size, by Technology, 2018–2027 (USD Million)
Table 40 Physicochemical Microencapsulation Methods Market Size, by Country/Region, 2018–2027 (USD Million)
Table 41 Coacervation Or Phase Separation Microencapsulation Methods Market Size, by Country/Region, 2018–2027 (USD Million)
Table 42 Other Physicochemical Microencapsulation Methods Market Size, by Country/Region, 2018–2027 (USD Million)
Table 43 Global Chemical Microencapsulation Methods Market Size, by Technology, 2018–2027 (USD Million)
Table 44 Chemical Microencapsulation Methods Market Size, by Country/Region, 2018–2027 (USD Million)
Table 45 In-Situ Polymerization Microencapsulation Methods Market Size, by Country/Region, 2018–2027 (USD Million)
Table 46 Interfacial Polymerization Microencapsulation Methods Market Size, by Country/Region, 2018–2027 (USD Million)
Table 47 Other Microencapsulation Methods Market Size, by Country/Region, 2018–2027 (USD Million)
Table 48 Global Microencapsulation Market Size, by Application, 2018–2027 (USD Million)
Table 49 Most Widely Used Microencapsulated Drugs
Table 50 Microencapsulation Market Size for Pharmaceuticals, by Country/Region, 2018-2027 (USD Million)
Table 51 Global Microencapsulation Market Size for Home and Personal Care, by Type, 2018-2027 (USD Million)
Table 52 Microencapsulation Market Size for Home and Personal Care, by Country/Region, 2018-2027 (USD Million)
Table 53 Global Microencapsulation Market Size for Personal Care, by Type, 2018-2027 (USD Million)
Table 54 Microencapsulation Market Size for Personal Care, by Country/Region, 2018-2027 (USD Million)
Table 55 Microencapsulation Market Size for Skincare Products, by Country/Region, 2018-2027 (USD Million)
Table 56 Microencapsulation Market Size for Haircare, by Country/Region, 2018-2027 (USD Million)
Table 57 Microencapsulation Market Size for Deodorants and Perfumes, by Country/Region, 2018-2027 (USD Million)
Table 58 Microencapsulation Market Size for Other Personal Care Products, by Country/Region, 2018-2027 (USD Million)
Table 59 Global Microencapsulation Market Size for Home Care, by Type, 2018-2027 (USD Million)
Table 60 Microencapsulation Market Size for Home Care, by Country/Region, 2018-2027 (USD Million)
Table 61 Microencapsulation Market Size for Laundry Detergents and Fabric Conditioners, by Country/Region, 2018-2027 (USD Million)
Table 62 Microencapsulation Market Size for House Cleaning Agents, by Country/Region, 2018-2027 (USD Million)
Table 63 Microencapsulation Market Size for Other Home Care Products, by Country/Region, 2018-2027 (USD Million)
Table 64 Microencapsulation Market Size for Food, Feed, and Nutraceuticals, by Country/Region, 2018-2027 (USD Million)
Table 65 Microencapsulation Market Size for Agrochemicals, by Country/Region, 2018-2027 (USD Million)
Table 66 Microencapsulation Market Size for Other Applications, by Country/Region, 2018-2027 (USD Million)
Table 67 Microencapsulation Market Size, by Region, 2028–2027 (USD Million)
Table 68 North America: Microencapsulation Market Size, by Country, 2018–2027 (USD Million)
Table 69 North America: Microencapsulation Market Size, by Core Material, 2018–2027 (USD Million)
Table 70 North America: Microencapsulation Market Size for Food, Feed, and Nutraceuticals, by Type, 2018–2027 (USD Million)
Table 71 North America: Microencapsulation Market Size, by Core Form, 2018–2027 (USD Million)
Table 72 North America: Microencapsulation Market Size, by Coating Material, 2018–2027 (USD Million)
Table 73 North America: Microencapsulation Market Size, by Method, 2018–2027 (USD Million)
Table 74 North America: Microencapsulation Market Size for Physico-mechanical Methods, by Technology, 2018–2027 (USD Million)
Table 75 North America: Microencapsulation Market Size for Physico-chemical Methods, by Technology, 2018–2027 (USD Million)
Table 76 North America: Microencapsulation Market Size for Chemical Methods, by Technology, 2018–2027 (USD Million)
Table 77 North America: Microencapsulation Market Size, by Application, 2018–2027 (USD Million)
Table 78 North America: Microencapsulation Market Size for Home and Personal Care, by Type, 2018–2027 (USD Million)
Table 79 North America: Microencapsulation Market Size for Personal Care, by Type, 2018–2027 (USD Million)
Table 80 North America: Microencapsulation Market Size for Home Care, by Type, 2018–2027 (USD Million)
Table 81 U.S.: Microencapsulation Market Size, by Core Material, 2018–2027 (USD Million)
Table 82 U.S.: Microencapsulation Market Size for Food, Feed, and Nutraceuticals, by Type, 2018–2027 (USD Million)
Table 83 U.S.: Microencapsulation Market Size, by Core Form, 2018–2027 (USD Million)
Table 84 U.S.: Microencapsulation Market Size, by Coating Material, 2018–2027 (USD Million)
Table 85 U.S.: Microencapsulation Market Size, by Method, 2018–2027 (USD Million)
Table 86 U.S.: Microencapsulation Market Size for Physico-mechanical Methods, by Technology, 2018–2027 (USD Million)
Table 87 U.S.: Microencapsulation Market Size for Physico-chemical Methods, by Technology, 2018–2027 (USD Million)
Table 88 U.S.: Microencapsulation Market Size for Chemical Methods, by Technology, 2018–2027 (USD Million)
Table 89 U.S.: Microencapsulation Market Size, by Application, 2018–2027 (USD Million)
Table 90 U.S.: Microencapsulation Market Size for Home and Personal Care, by Type, 2018–2027 (USD Million)
Table 91 U.S.: Microencapsulation Market Size for Personal Care, by Type, 2018–2027 (USD Million)
Table 92 U.S.: Microencapsulation Market Size for Home Care, by Type, 2018–2027 (USD Million)
Table 93 Canada: Microencapsulation Market Size, by Core Material, 2018–2027 (USD Million)
Table 94 Canada: Microencapsulation Market Size for Food, Feed, and Nutraceuticals, by Type, 2018–2027 (USD Million)
Table 95 Canada: Microencapsulation Market Size, by Core Form, 2018–2027 (USD Million)
Table 96 Canada: Microencapsulation Market Size, by Coating Material, 2018–2027 (USD Million)
Table 97 Canada: Microencapsulation Market Size, by Method, 2018–2027 (USD Million)
Table 98 Canada: Microencapsulation Market Size for Physico-mechanical Methods, by Technology, 2018–2027 (USD Million)
Table 99 Canada: Microencapsulation Market Size for Physico-chemical Methods, by Technology, 2018–2027 (USD Million)
Table 100 Canada: Microencapsulation Market Size for Chemical Methods, by Technology, 2018–2027 (USD Million)
Table 101 Canada: Microencapsulation Market Size, by Application, 2018–2027 (USD Million)
Table 102 Canada: Microencapsulation Market Size for Home and Personal Care, by Type, 2018–2027 (USD Million)
Table 103 Canada: Microencapsulation Market Size for Personal Care, by Type, 2018–2027 (USD Million)
Table 104 Canada: Microencapsulation Market Size for Home Care, by Type, 2018–2027 (USD Million)
Table 105 Europe: Microencapsulation Market Size, by Country, 2018–2027 (USD Million)
Table 106 Europe: Microencapsulation Market Size, by Core Material, 2018–2027 (USD Million)
Table 107 Europe: Microencapsulation Market Size for Food, Feed, and Nutraceuticals, by Type, 2018–2027 (USD Million)
Table 108 Europe: Microencapsulation Market Size, by Core Form, 2018–2027 (USD Million)
Table 109 Europe: Microencapsulation Market Size, by Coating Material, 2018–2027 (USD Million)
Table 110 Europe: Microencapsulation Market Size, by Method, 2018–2027 (USD Million)
Table 111 Europe: Microencapsulation Market Size for Physico-mechanical Methods, by Technology, 2018–2027 (USD Million)
Table 112 Europe: Microencapsulation Market Size for Physico-chemical Methods, by Technology, 2018–2027 (USD Million)
Table 113 Europe: Microencapsulation Market Size for Chemical Methods, by Technology, 2018–2027 (USD Million)
Table 114 Europe: Microencapsulation Market Size, by Application, 2018–2027 (USD Million)
Table 115 Europe: Microencapsulation Market Size for Home and Personal Care, by Type, 2018–2027 (USD Million)
Table 116 Europe: Microencapsulation Market Size for Personal Care, by Type, 2018–2027 (USD Million)
Table 117 Europe: Microencapsulation Market Size for Home Care, by Type, 2018–2027 (USD Million)
Table 118 Germany: Microencapsulation Market Size, by Core Material, 2018–2027 (USD Million)
Table 119 Germany: Microencapsulation Market Size for Food, Feed, and Nutraceuticals, by Type, 2018–2027 (USD Million)
Table 120 Germany: Microencapsulation Market Size, by Core Form, 2018–2027 (USD Million)
Table 121 Germany: Microencapsulation Market Size, by Coating Material, 2018–2027 (USD Million)
Table 122 Germany: Microencapsulation Market Size, by Method, 2018–2027 (USD Million)
Table 123 Germany: Microencapsulation Market Size for Physico-mechanical Methods, by Technology, 2018–2027 (USD Million)
Table 124 Germany: Microencapsulation Market Size for Physico-chemical Methods, by Technology, 2018–2027 (USD Million)
Table 125 Germany: Microencapsulation Market Size for Chemical Methods, by Technology, 2018–2027 (USD Million)
Table 126 Germany: Microencapsulation Market Size, by Application, 2018–2027 (USD Million)
Table 127 Germany: Microencapsulation Market Size for Home and Personal Care, by Type, 2018–2027 (USD Million)
Table 128 Germany: Microencapsulation Market Size for Personal Care, by Type, 2018–2027 (USD Million)
Table 129 Germany: Microencapsulation Market Size for Home Care, by Type, 2018–2027 (USD Million)
Table 130 France: Microencapsulation Market Size, by Core Material, 2018–2027 (USD Million)
Table 131 France: Microencapsulation Market Size for Food, Feed, and Nutraceuticals, by Type, 2018–2027 (USD Million)
Table 132 France: Microencapsulation Market Size, by Core Form, 2018–2027 (USD Million)
Table 133 France: Microencapsulation Market Size, by Coating Material, 2018–2027 (USD Million)
Table 134 France: Microencapsulation Market Size, by Method, 2018–2027 (USD Million)
Table 135 France: Microencapsulation Market Size for Physico-mechanical Methods, by Technology, 2018–2027 (USD Million)
Table 136 France: Microencapsulation Market Size for Physico-chemical Methods, by Technology, 2018–2027 (USD Million)
Table 137 France: Microencapsulation Market Size for Chemical Methods, by Technology, 2018–2027 (USD Million)
Table 138 France: Microencapsulation Market Size, by Application, 2018–2027 (USD Million)
Table 139 France: Microencapsulation Market Size for Home and Personal Care, by Type, 2018–2027 (USD Million)
Table 140 France: Microencapsulation Market Size for Personal Care, by Type, 2018–2027 (USD Million)
Table 141 France: Microencapsulation Market Size for Home Care, by Type, 2018–2027 (USD Million)
Table 142 U.K.: Microencapsulation Market Size, by Core Material, 2018–2027 (USD Million)
Table 143 U.K.: Microencapsulation Market Size for Food, Feed, and Nutraceuticals, by Type, 2018–2027 (USD Million)
Table 144 U.K.: Microencapsulation Market Size, by Core Form, 2018–2027 (USD Million)
Table 145 U.K.: Microencapsulation Market Size, by Coating Material, 2018–2027 (USD Million)
Table 146 U.K.: Microencapsulation Market Size, by Method, 2018–2027 (USD Million)
Table 147 U.K.: Microencapsulation Market Size for Physico-mechanical Methods, by Technology, 2018–2027 (USD Million)
Table 148 U.K.: Microencapsulation Market Size for Physico-chemical Methods, by Technology, 2018–2027 (USD Million)
Table 149 U.K.: Microencapsulation Market Size for Chemical Methods, by Technology, 2018–2027 (USD Million)
Table 150 U.K.: Microencapsulation Market Size, by Application, 2018–2027 (USD Million)
Table 151 U.K.: Microencapsulation Market Size for Home and Personal Care, by Type, 2018–2027 (USD Million)
Table 152 U.K.: Microencapsulation Market Size for Personal Care, by Type, 2018–2027 (USD Million)
Table 153 U.K.: Microencapsulation Market Size for Home Care, by Type, 2018–2027 (USD Million)
Table 154 Italy: Microencapsulation Market Size, by Core Material, 2018–2027 (USD Million)
Table 155 Italy: Microencapsulation Market Size for Food, Feed, and Nutraceuticals, by Type, 2018–2027 (USD Million)
Table 156 Italy: Microencapsulation Market Size, by Core Form, 2018–2027 (USD Million)
Table 157 Italy: Microencapsulation Market Size, by Coating Material, 2018–2027 (USD Million)
Table 158 Italy: Microencapsulation Market Size, by Method, 2018–2027 (USD Million)
Table 159 Italy: Microencapsulation Market Size for Physico-mechanical Methods, by Technology, 2018–2027 (USD Million)
Table 160 Italy: Microencapsulation Market Size for Physico-chemical Methods, by Technology, 2018–2027 (USD Million)
Table 161 Italy: Microencapsulation Market Size for Chemical Methods, by Technology, 2018–2027 (USD Million)
Table 162 Italy: Microencapsulation Market Size, by Application, 2018–2027 (USD Million)
Table 163 Italy: Microencapsulation Market Size for Home and Personal Care, by Type, 2018–2027 (USD Million)
Table 164 Italy: Microencapsulation Market Size for Personal Care, by Type, 2018–2027 (USD Million)
Table 165 Italy: Microencapsulation Market Size for Home Care, by Type, 2018–2027 (USD Million)
Table 166 Spain: Microencapsulation Market Size, by Core Material, 2018–2027 (USD Million)
Table 167 Spain: Microencapsulation Market Size for Food, Feed, and Nutraceuticals, by Type, 2018–2027 (USD Million)
Table 168 Spain: Microencapsulation Market Size, by Core Form, 2018–2027 (USD Million)
Table 169 Spain: Microencapsulation Market Size, by Coating Material, 2018–2027 (USD Million)
Table 170 Spain: Microencapsulation Market Size, by Method, 2018–2027 (USD Million)
Table 171 Spain: Microencapsulation Market Size for Physico-mechanical Methods, by Technology, 2018–2027 (USD Million)
Table 172 Spain: Microencapsulation Market Size for Physico-chemical Methods, by Technology, 2018–2027 (USD Million)
Table 173 Spain: Microencapsulation Market Size for Chemical Methods, by Technology, 2018–2027 (USD Million)
Table 174 Spain: Microencapsulation Market Size, by Application, 2018–2027 (USD Million)
Table 175 Spain: Microencapsulation Market Size for Home and Personal Care, by Type, 2018–2027 (USD Million)
Table 176 Spain: Microencapsulation Market Size for Personal Care, by Type, 2018–2027 (USD Million)
Table 177 Spain: Microencapsulation Market Size for Home Care, by Type, 2018–2027 (USD Million)
Table 178 Rest of Europe: Microencapsulation Market Size, by Core Material, 2018–2027 (USD Million)
Table 179 Rest of Europe: Microencapsulation Market Size for Food, Feed, and Nutraceuticals, by Type, 2018–2027 (USD Million)
Table 180 Rest of Europe: Microencapsulation Market Size, by Core Form, 2018–2027 (USD Million)
Table 181 Rest of Europe: Microencapsulation Market Size, by Coating Material, 2018–2027 (USD Million)
Table 182 Rest of Europe: Microencapsulation Market Size, by Method, 2018–2027 (USD Million)
Table 183 Rest of Europe: Microencapsulation Market Size for Physico-mechanical Methods, by Technology, 2018–2027 (USD Million)
Table 184 Rest of Europe: Microencapsulation Market Size for Physico-chemical Methods, by Technology, 2018–2027 (USD Million)
Table 185 Rest of Europe: Microencapsulation Market Size for Chemical Methods, by Technology, 2018–2027 (USD Million)
Table 186 Rest of Europe: Microencapsulation Market Size, by Application, 2018–2027 (USD Million)
Table 187 Rest of Europe: Microencapsulation Market Size for Home and Personal Care, by Type, 2018–2027 (USD Million)
Table 188 Rest of Europe: Microencapsulation Market Size for Personal Care, by Type, 2018–2027 (USD Million)
Table 189 Rest of Europe: Microencapsulation Market Size for Home Care, by Type, 2018–2027 (USD Million)
Table 190 Asia-Pacific: Microencapsulation Market Size, by Country/Region, 2018–2027 (USD Million)
Table 191 Asia-Pacific: Microencapsulation Market Size, by Core Material, 2018–2027 (USD Million)
Table 192 Asia-Pacific: Microencapsulation Market Size for Food, Feed, and Nutraceuticals, by Type, 2018–2027 (USD Million)
Table 193 Asia-Pacific: Microencapsulation Market Size, by Core Form, 2018–2027 (USD Million)
Table 194 Asia-Pacific: Microencapsulation Market Size, by Coating Material, 2018–2027 (USD Million)
Table 195 Asia-Pacific: Microencapsulation Market Size, by Method, 2018–2027 (USD Million)
Table 196 Asia-Pacific: Microencapsulation Market Size for Physico-mechanical Methods, by Technology, 2018–2027 (USD Million)
Table 197 Asia-Pacific: Microencapsulation Market Size for Physico-chemical Methods, by Technology, 2018–2027 (USD Million)
Table 198 Asia-Pacific: Microencapsulation Market Size for Chemical Methods, by Technology, 2018–2027 (USD Million)
Table 199 Asia-Pacific: Microencapsulation Market Size, by Application, 2018–2027 (USD Million)
Table 200 Asia-Pacific: Microencapsulation Market Size for Home and Personal Care, by Type, 2018–2027 (USD Million)
Table 201 Asia-Pacific: Microencapsulation Market Size for Personal Care, by Type, 2018–2027 (USD Million)
Table 202 Asia-Pacific: Microencapsulation Market Size for Home Care, by Type, 2018–2027 (USD Million)
Table 203 China: Microencapsulation Market Size, by Core Material, 2018–2027 (USD Million)
Table 204 China: Microencapsulation Market Size for Food, Feed, and Nutraceuticals, by Type, 2018–2027 (USD Million)
Table 205 China: Microencapsulation Market Size, by Core Form, 2018–2027 (USD Million)
Table 206 China: Microencapsulation Market Size, by Coating Material, 2018–2027 (USD Million)
Table 207 China: Microencapsulation Market Size, by Method, 2018–2027 (USD Million)
Table 208 China: Microencapsulation Market Size for Physico-mechanical Methods, by Technology, 2018–2027 (USD Million)
Table 209 China: Microencapsulation Market Size for Physico-chemical Methods, by Technology, 2018–2027 (USD Million)
Table 210 China: Microencapsulation Market Size for Chemical Methods, by Technology, 2018–2027 (USD Million)
Table 211 China: Microencapsulation Market Size, by Application, 2018–2027 (USD Million)
Table 212 China: Microencapsulation Market Size for Home and Personal Care, by Type, 2018–2027 (USD Million)
Table 213 China: Microencapsulation Market Size for Personal Care, by Type, 2018–2027 (USD Million)
Table 214 China: Microencapsulation Market Size for Home Care, by Type, 2018–2027 (USD Million)
Table 215 India: Microencapsulation Market Size, by Core Material, 2018–2027 (USD Million)
Table 216 India: Microencapsulation Market Size for Food, Feed, and Nutraceuticals, by Type, 2018–2027 (USD Million)
Table 217 India: Microencapsulation Market Size, by Core Form, 2018–2027 (USD Million)
Table 218 India: Microencapsulation Market Size, by Coating Material, 2018–2027 (USD Million)
Table 219 India: Microencapsulation Market Size, by Method, 2018–2027 (USD Million)
Table 220 India: Microencapsulation Market Size for Physico-mechanical Methods, by Technology, 2018–2027 (USD Million)
Table 221 India: Microencapsulation Market Size for Physico-chemical Methods, by Technology, 2018–2027 (USD Million)
Table 222 India: Microencapsulation Market Size for Chemical Methods, by Technology, 2018–2027 (USD Million)
Table 223 India: Microencapsulation Market Size, by Application, 2018–2027 (USD Million)
Table 224 India: Microencapsulation Market Size for Home and Personal Care, by Type, 2018–2027 (USD Million)
Table 225 India: Microencapsulation Market Size for Personal Care, by Type, 2018–2027 (USD Million)
Table 226 India: Microencapsulation Market Size for Home Care, by Type, 2018–2027 (USD Million)
Table 227 Japan: Microencapsulation Market Size, by Core Material, 2018–2027 (USD Million)
Table 228 Japan: Microencapsulation Market Size for Food, Feed, and Nutraceuticals, by Type, 2018–2027 (USD Million)
Table 229 Japan: Microencapsulation Market Size, by Core Form, 2018–2027 (USD Million)
Table 230 Japan: Microencapsulation Market Size, by Coating Material, 2018–2027 (USD Million)
Table 231 Japan: Microencapsulation Market Size, by Method, 2018–2027 (USD Million)
Table 232 Japan: Microencapsulation Market Size for Physico-mechanical Methods, by Technology, 2018–2027 (USD Million)
Table 233 Japan: Microencapsulation Market Size for Physico-chemical Methods, by Technology, 2018–2027 (USD Million)
Table 234 Japan: Microencapsulation Market Size for Chemical Methods, by Technology, 2018–2027 (USD Million)
Table 235 Japan: Microencapsulation Market Size, by Application, 2018–2027 (USD Million)
Table 236 Japan: Microencapsulation Market Size for Home and Personal Care, by Type, 2018–2027 (USD Million)
Table 237 Japan: Microencapsulation Market Size for Personal Care, by Type, 2018–2027 (USD Million)
Table 238 Japan: Microencapsulation Market Size for Home Care, by Type, 2018–2027 (USD Million)
Table 239 RoAPAC: Microencapsulation Market Size, by Core Material, 2018–2027 (USD Million)
Table 240 RoAPAC: Microencapsulation Market Size for Food, Feed, and Nutraceuticals, by Type, 2018–2027 (USD Million)
Table 241 RoAPAC: Microencapsulation Market Size, by Core Form, 2018–2027 (USD Million)
Table 242 RoAPAC: Microencapsulation Market Size, by Coating Material, 2018–2027 (USD Million)
Table 243 RoAPAC: Microencapsulation Market Size, by Method, 2018–2027 (USD Million)
Table 244 RoAPAC: Microencapsulation Market Size for Physico-mechanical Methods, by Technology, 2018–2027 (USD Million)
Table 245 RoAPAC: Microencapsulation Market Size for Physico-chemical Methods, by Technology, 2018–2027 (USD Million)
Table 246 RoAPAC: Microencapsulation Market Size for Chemical Methods, by Technology, 2018–2027 (USD Million)
Table 247 RoAPAC: Microencapsulation Market Size, by Application, 2018–2027 (USD Million)
Table 248 RoAPAC: Microencapsulation Market Size for Home and Personal Care, by Type, 2018–2027 (USD Million)
Table 249 RoAPAC: Microencapsulation Market Size for Personal Care, by Type, 2018–2027 (USD Million)
Table 250 RoAPAC: Microencapsulation Market Size for Home Care, by Type, 2018–2027 (USD Million)
Table 251 Latin America: Microencapsulation Market Size, by Core Material, 2018–2027 (USD Million)
Table 252 Latin America: Microencapsulation Market Size for Food, Feed, and Nutraceuticals, by Type, 2018–2027 (USD Million)
Table 253 Latin America: Microencapsulation Market Size, by Core Form, 2018–2027 (USD Million)
Table 254 Latin America: Microencapsulation Market Size, by Coating Material, 2018–2027 (USD Million)
Table 255 Latin America: Microencapsulation Market Size, by Method, 2018–2027 (USD Million)
Table 256 Latin America: Microencapsulation Market Size for Physico-mechanical Methods, by Technology, 2018–2027 (USD Million)
Table 257 Latin America: Microencapsulation Market Size for Physico-chemical Methods, by Technology, 2018–2027 (USD Million)
Table 258 Latin America: Microencapsulation Market Size for Chemical Methods, by Technology, 2018–2027 (USD Million)
Table 259 Latin America: Microencapsulation Market Size, by Application, 2018–2027 (USD Million)
Table 260 Latin America: Microencapsulation Market Size for Home and Personal Care, by Type, 2018–2027 (USD Million)
Table 261 Latin America: Microencapsulation Market Size for Personal Care, by Type, 2018–2027 (USD Million)
Table 262 Latin America: Microencapsulation Market Size for Home Care, by Type, 2018–2027 (USD Million)
Table 263 Middle East & Africa: Microencapsulation Market Size, by Core Material, 2018–2027 (USD Million)
Table 264 Middle East & Africa: Microencapsulation Market Size for Food, Feed, and Nutraceuticals, by Type, 2018–2027 (USD Million)
Table 265 Middle East & Africa: Microencapsulation Market Size, by Core Form, 2018–2027 (USD Million)
Table 266 Middle East & Africa: Microencapsulation Market Size, by Coating Material, 2018–2027 (USD Million)
Table 267 Middle East & Africa: Microencapsulation Market Size, by Method, 2018–2027 (USD Million)
Table 268 Middle East & Africa: Microencapsulation Market Size for Physico-mechanical Methods, by Technology, 2018–2027 (USD Million)
Table 269 Middle East & Africa: Microencapsulation Market Size for Physico-chemical Methods, by Technology, 2018–2027 (USD Million)
Table 270 Middle East & Africa: Microencapsulation Market Size for Chemical Methods, by Technology, 2018–2027 (USD Million)
Table 271 Middle East & Africa: Microencapsulation Market Size, by Application, 2018–2027 (USD Million)
Table 272 Middle East & Africa: Microencapsulation Market Size for Home and Personal Care, by Type, 2018–2027 (USD Million)
Table 273 Middle East & Africa: Microencapsulation Market Size for Personal Care, by Type, 2018–2027 (USD Million)
Table 274 Middle East & Africa: Microencapsulation Market Size for Home Care, by Type, 2018–2027 (USD Million)
Table 275 Number of Developments by Major Players During 2018-2021
List of Figures
Figure 1 Research Process
Figure 2 Key Secondary Sources
Figure 3 Primary Research Techniques
Figure 4 Key Executives Interviewed
Figure 5 Breakdown of Primary Interviews (Supply-Side & Demand-Side)
Figure 6 Market Size Estimation
Figure 7 Pharmaceutical & Healthcare Drugs Segment Dominated the Microencapsulation Market In 2020
Figure 8 The Liquid Form Segment to Dominated the Microencapsulation Market In 2020
Figure 9 Polysaccharides to Register the Highest CAGR During the Forecast Period
Figure 10 Physio-Mechanical Methods Held the Largest Share of the Market In 2020
Figure 11 Pharmaceuticals to Dominate Microencapsulation Market by 2027
Figure 12 APAC: Lucrative and Growing Market for Microencapsulation Market Stakeholders
Figure 13 Market Dynamics
Figure 14 Global Microencapsulation Market Size, by Core Material, 2020–2027 (USD Million)
Figure 15 Microencapsulation Benefits in Agricultural Inputs
Figure 16 Global Microencapsulation Market, by Core Form, 2020–2027 (USD Million)
Figure 17 Global Microencapsulation Market Size, by Coating Material, 2020–2027 (USD Million)
Figure 18 Global Microencapsulation Market Size, by Method, 2020–2027 (USD Million)
Figure 19 Global Physico-mechanical Methods Market Size, by Technology, 2020–2027 (USD Million)
Figure 20 Pros and Cons of the Spray Drying Method
Figure 21 Global Physicochemical Microencapsulation Methods Market Size, by Technology, 2020–2027 (USD Million)
Figure 22 Global Microencapsulation Market Size, by Application, 2020–2027 (USD Million)
Figure 23 Global Beauty & Personal Care Market Value, 2020–2027 (USD Billion)
Figure 24 Global Skincare Products Market Value, 2019-2025 (USD Billion)
Figure 25 Global Fragrances Products Market Value, 2019-2025 (USD Billion)
Figure 26 Europe: Household Care Products Market, by Category, 2019 (Eur Billion)
Figure 27 Europe: Laundry Care Products Market, by Type, 2019 (Eur Billion)
Figure 28 Europe: Laundry Care Segment Market, 2018 Vs. 2019 (Eur Billion)
Figure 29 Microencapsulation Market Size, by Region, 2020–2027 (USD Million)
Figure 30 Key Adopters of Microencapsulation Market
Figure 31 North America: Microencapsulation Market Size, by Country, 2020–2027 (USD Million)
Figure 32 Prevalence Rate of Various Chronic Diseases in Canada, 2001-2039
Figure 33 Europe: Cosmetics Market Size, 2019 (Eur Billion)
Figure 34 European Cosmetic Products Market Size, by Country, 2019 (Retail Sales Price (RSP) In Euro Billion)
Figure 35 Number SME’s Operating in the European Cosmetics Industry, by Country, 2019
Figure 36 European Cosmetics Industry, by Category, 2019 (%)
Figure 37 Asia-Pacific: Microencapsulation Market Size, by Country/Region, 2020–2027 (USD Million)
Figure 38 Key Growth Strategies Adopted by Leading Players, 2018-2021
Figure 39 Microencapsulation Market, by Application: Competitive Benchmarking
Figure 40 Givaudan S.A.: Financial Overview (2020)
Figure 41 International Flavors & Fragrances, Inc. (IFF): Financial Overview (2020)
Figure 42 Firmenich Incorporated: Financial Overview (2020)
Figure 43 Symrise AG: Financial Overview (2020)
Figure 44 Ingredion Incorporated: Financial Overview (2020)
Figure 45 BASF SE: Financial Overview (2020
Figure 46 Koninklijke DSM N.V.: Financial Overview (2020)
Figure 47 Sensient Technologies Corporation: Financial Overview (2020)
Figure 48 Evonik Industries AG: Financial Overview (2020
This report provides pre & post COVID-19 market estimates.
This report provides pre & post COVID-19 market estimates.
Published Date: Dec-2022
Published Date: Dec-2022
Published Date: Nov-2022
Published Date: Nov-2022
Published Date: Nov-2022
