Dublin, July 29, 2024 (GLOBE NEWSWIRE) -- The "Food Encapsulation - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Food Encapsulation is estimated at US$41.1 Billion in 2023 and is projected to reach US$55.4 Billion by 2030, growing at a CAGR of 4.4% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the food encapsulation market is driven by several factors. Increasing consumer demand for functional and fortified foods is a significant driver, as more people seek products that offer additional health benefits. Technological advancements in encapsulation methods have made it possible to incorporate a wider range of active ingredients into food products more effectively. The rise of health-conscious consumers and the growing awareness of the benefits of probiotics, vitamins, and other bioactive compounds are propelling the market forward.
Additionally, the expanding convenience food sector, which requires long shelf life and stability of ingredients, is fueling the demand for advanced encapsulation technologies. Regulatory support for the use of encapsulation in food processing and the development of new encapsulation materials that are safe and effective further bolster market growth.
These factors collectively highlight the dynamic nature of the food encapsulation market, underscoring its critical role in the innovation and development of new food products.
Key Questions Answered:
- How is the Global Food Encapsulation Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Probiotics & Prebiotics Core Phase segment, which is expected to reach US$11.8 Billion by 2030 with a CAGR of a 6.3%. The Vitamins Core Phase segment is also set to grow at 4.1% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $11.1 Billion in 2023, and China, forecasted to grow at an impressive 7.7% CAGR to reach $12.0 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as ABCO Laboratories Inc., Advanced BioNutrition Corporation, Aveka Inc., and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Key Attributes:
Report Attribute | Details |
No. of Pages | 269 |
Forecast Period | 2023 - 2030 |
Estimated Market Value (USD) in 2023 | $41.1 Billion |
Forecasted Market Value (USD) by 2030 | $55.4 Billion |
Compound Annual Growth Rate | 4.4% |
Regions Covered | Global |
MARKET OVERVIEW
- Influencer Market Insights
- Global Economic Update
- Food Encapsulation - Global Key Competitors Percentage Market Share in 2024 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
MARKET TRENDS & DRIVERS
- Increasing Consumer Demand for Functional Foods Drives Adoption
- Evolving Consumer Tastes and Preferences Accelerate Demand for Novel Encapsulation Applications Advances in Microencapsulation Technologies Propel Growth
- Expanding Use of Nanoencapsulation Expands Addressable Market Opportunity
- Health and Wellness Trends Spur Growth in Encapsulated Nutrients
- Clean Label Movement Strengthens Business Case for Natural Encapsulation Methods
- Growing Popularity of Probiotics and Prebiotics Generates Demand for Innovative Encapsulation Solutions
- Rising Need for Controlled Release of Flavors and Nutrients: Here`s How Encapsulation Delivers
- Sustainability Concerns Propel Innovations in Biodegradable Encapsulation Materials
- Increased Focus on Shelf-life Extension Sustains Growth in Encapsulation Applications
- Technological Advancements in Encapsulation Here`s the Story of Market Transformation
- High Demand for Fortified Foods and Beverages Accelerates Adoption of Encapsulation Technologies
- Innovations in Smart Encapsulation Systems Drive Market Opportunities
- Shifts in Dietary Patterns Generate Demand for Specialized Encapsulation Solutions
- Challenges in Encapsulation Scalability and Cost Efficiency
FOCUS ON SELECT PLAYERS(Total 33 Featured)
- ABCO Laboratories Inc.
- Advanced BioNutrition Corporation
- Aveka Inc.
- AVEKA, Inc.
- Balchem Corporation
- Cargill Inc.
- Coating Place Inc.
- Encapsys LLC
- Firmenich Inc.
- FrieslandCampina Kievit
- LycoRed Ltd.
- Maxx Performance Inc.
- Royal DSM N.V.
- Sensient Technologies Corporation
- Symrise AG
- Taste Tech Ltd.
For more information about this report visit https://www.researchandmarkets.com/r/br8xye
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