Lucintel anticipates that North America will be the fastest growing region in the microencapsulation market

   October 18, 2019
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.

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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

    • United States

    • Canada

    • Mexico

  • Europe

    • United Kingdom

    • Germany

    • France

    • Italy

    • Spain

  • Asia Pacific

    • China

    • Japan

    • India

  • Rest of the World

    • Brazil

This 150-page research report 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

About Lucintel

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