According to a market report by Lucintel, the future of the microencapsulation market looks promising with opportunities in the pharmaceutical, agrochemicals, food and feed, and textile application segments. The microencapsulation market is expected to grow with a CAGR of 11% from 2019 to 2024. The major drivers for this market are increasing demand for fortified food products with health benefits, rise in demand from the agrochemical sector, and widespread applications of microencapsulation.

In this market, spray, emulsion, and dripping technologies are used for masking tastes, odors, and activities of encapsulated structures. Spray is the largest technology segment of the microencapsulation market.

Within the microencapsulation market, polymers, gums & resins, lipids, carbohydrates, and proteins are the major shell material segments. Carbohydrates are the largest shell material segment of the microencapsulation market.

Pharmaceutical & healthcare drugs, food additives, fragrances, agricultural inputs, and phase change materials are the major core material segments of the microencapsulation market.

North America will remain the largest region over the forecast period due to the growing demand and awareness of value-added products in various areas, such as nutrition, food, healthcare, and personal care. Moreover, companies are focusing on manufacturing functional products with novel technologies.

BASF, Syngenta Crop Protection, Royal (Koninklijke) Frieslandcampina, Koninklijke DSM, Givaudan, Symrise, International Flavors & Fragrances, Lycored, Koehler Innovative Solutions, and Balchem Corporation are among the major players in the microencapsulation market.

Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the microencapsulation market by technology, core material, shell material, application, and region. Lucintel has prepared a comprehensive research report titled " Microencapsulation Market 2019-2024: Trends, Forecast, and Opportunity Analysis". This Lucintel report serves as a catalyst for growth strategies, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the microencapsulation market by technology, core material, shell material, application, and region as follows:

By Technology [$M shipment analysis for 2013 – 2024]:
• Spray Technologies
• Emulsion Technologies
• Dripping
• Others
By Core Material [$M shipment analysis for 2013 – 2024]:
• Pharmaceutical and Healthcare Drugs
• Food Additives
• Fragrances
• Agricultural Inputs
• Phase Change Materials
• Others

By Shell Material [$M shipment analysis for 2013 – 2024]:
• Polymers
• Gums and Resins
• Lipids
• Carbohydrates
• Proteins
By Application [$M shipment analysis for 2013 – 2024]:
• Pharmaceutical and Healthcare Products
• Food and Beverages
• Household & Personal Care Products
• Agrochemicals
• Construction Materials
• Textiles
• Others
By Region [$M shipment analysis for 2013 – 2024]:
• North America
o United States
o Canada
o Mexico
• Europe
o United Kingdom
o Germany
o France
o Italy
o Spain
• Asia Pacific
o China
o Japan
o India
• Rest of the World
o Brazil

This report of more than 150 pages will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link…… or [email protected].
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
This report answers following 11 key questions:
Q.1 What are some of the most promising potential, high growth opportunities for the microencapsulation market by technology (spray technologies, emulsion technologies, dripping, and others), core material (pharmaceutical and healthcare drugs, food additives, fragrances, agricultural inputs, phase change materials, and others), shell material (polymers, gums & resins, lipids, carbohydrates, and proteins), application (pharmaceutical and healthcare products, food & beverages, household & personal care products, agrochemicals, construction materials, textiles, and others), and region (North America, Europe, Asia Pacific, and Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the microencapsulation market?
Q.5 What are the business risks and threats to the microencapsulation market?
Q.6 What are the emerging trends in the microencapsulation market and the reasons behind them?
Q.7 What are some changing demands of customers in the microencapsulation market?
Q.8 What are the new developments in the microencapsulation market? Which companies are leading these developments?
Q.9 Who are the major players in the microencapsulation market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in the microencapsulation market, and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M & A activities did take place in the last five years in the microencapsulation market?