Microencapsulation is an effective process for the protection of the encapsulated active agent in order to preserve the original taste, odor, color, and other biological and chemical characteristics. Through microencapsulation, companies provide a coating for various pharmaceutical and food products which are vulnerable to degrade with environmental conditions. Microencapsulation process is widely used in various industries which include pharmaceutical, agrochemical, and food industries. The global microencapsulation market is expected to show optimistic growth during the forecast period. Increasing investment in R&D for improving the efficiency of the technology is one of the major factors for market expansion.
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Further, the market includes several players operating in the market. Some of the players profiled in the report include BASF SE, Givaudan, Balchem Corp., Syngenta AG, Koninklijke DSM N.V., 3M Co., Evonik Industries AG, Symrise AG, Microtek Laboratories, Inc., Lipo Technologies, Inc., and Ronald T. Dodge Co. The market players are adopting organic as well as inorganic strategies such as mergers and acquisitions, product launch, geographical expansion, and others for staying competitive in the global market. For instance, in January 2019, BASF SE launched MasterSeal 940DR and MasterSeal 941DR respirable crystalline silica-free aggregates for deck coatings. This launch is expected to give an edge to the BASF SE over the competitors.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Microencapsulation Market – Segmentation
Global Microencapsulation Market by Technology
- Spray
- Emulsion
Global Microencapsulation Market by Application
- Pharmaceutical
- Food & Beverages
- Construction
- Textile
- Others (Agrochemicals, Household Products)
Global Microencapsulation Market –Region
North America
- US
- Canada
Europe
- Germany
- UK
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
- Middle East & Africa
- Latin America
The Report Covers:
- Comprehensive research methodology of the global microencapsulation market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the global microencapsulation market.
- Insights about market determinants which are stimulating the global microencapsulation market.
- Detailed and extensive market segments with regional distribution of forecast revenues.
- Extensive profiles and recent developments of market players.
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