Food Encapsulation Market Growth, Trends, And Forecast 2023
Added: (Wed Jul 10 2019)
Pressbox (Press Release) -
Market Overview:
Food Encapsulation Market was worth USD 37.19 billion in 2018 and estimated to reach USD 50.91 billion by the end of 2023 with a growing potential of 6.48%. Food encapsulation is the process of incorporating food ingredients into small capsules to allow flavor retention and mask the lousy flavor. Food encapsulation techniques help to overcome some of the major challenges, such as maintaining taste, color, preservation, and nutrition of the product. Health conscious consumer’s demand for, tasty, nutrient-rich products and healthy Food which can only be met by food encapsulation. Increasing demand for packaged Food is expected to fuel the growth of the global food encapsulation market.
Market Drivers and Restraints:
The main factors attributable to the growth of the market are due to technological advances and compliance with new food processing and encapsulation applications that will accelerate the growth of the global food encapsulation market during the foreseen period. The growing demand for a variety of functional products will provide emerging companies with options in the global food encapsulation market. The worldwide increase in health awareness is the main factor in the growth of the market.
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https://www.marketdataforecast.com/market-reports/global-food-encapsulation-market
Report segmented as
By Product Type:
Polysaccharides
Lipids
Emulsifiers and Others
By Technology:
Physical
Chemical
By Application:
Functional Food
Bakery Food
Dairy Foods and Convenient Food
By Core Phase:
Vitamins
Flavors & Essences
Geographical Analysis:
Based on geography, the Food Encapsulation market is analyzed under various regions, namely North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. North America dominates the global food encapsulation market with the highest share, followed by Europe, Asia - Pacific. The Asia-pacific market is expected to account the highest growth during the forecast period.
Important Market Players:
Some of the major companies dominating the global Food Encapsulation market, by their products and services include Cargill, Incorporated (U.S.), Friesland Campina Kievit (The Netherlands), Royal DSM (The Netherlands), Kerry Group (Ireland), Ingredion Incorporated (U.S.), Firmenich Inc. (Switzerland), Lycored Ltd. (Israel), International Flavors and Fragrances (U.S.), Symrise AG (Germany), Sensient Technologies (U.S.), Balchem Corporation (U.S.), National Enzyme Company (U.S.), and Aveka Group (U.S.).
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The Scope of the report:
This report offers the current product and services market evaluation and the future estimation of the market. It helps us understand the market better through size anticipation and CAGR calculation to estimate the next market. It has a broader segmentation for better understanding of the enterprising of the market at a low level by segregating the market into smaller sectors.
For more information:
Abhishek Shukla
Sales Manager at Market Data Forecast
Email: abhishek@marketdataforecast.com
Tel: +1-888-702-9626
Website: https://www.marketdataforecast.com/