DUBLIN--(BUSINESS WIRE)--The "Microencapsulation Market by Technology (Spray, Emulsion, Dripping), Core Material (Pharmaceutical & Healthcare Drugs, Food Additives), Application (Pharmaceuticals, Food & Beverages), Shell material, and Region - Global Forecast to 2022" report has been added to Research and Markets' offering.
The microencapsulation market is projected to reach USD 10.76 billion by 2022, at a CAGR of 11.4% from 2017 to 2022
The market is driven by factors such as an increase in R&D activities for process efficiency to enhance market penetration and greater consumer demand for functional products. Factors such as increasing microencapsulation cost with the adoption of advanced technologies are restraining the market.
The pharmaceutical & healthcare products segment accounted for the largest market share among the different applications for microencapsulation, in 2016. Microencapsulation is widely used for targeted delivery in the pharmaceuticals sector. The market for microencapsulation in pharmaceutical & healthcare products application is driven by its cost effectiveness and its role in providing the desired function.
Emulsion technologies include in situ polymerization, coacervation, and sol-gel encapsulation of which in situ polymerization is the widely used method. In situ polymerization is carried out in oil-in-water types of emulsions. The microcapsules formed by the in situ polymerization are smooth and spherical in shape.
Microencapsulation technology is a cost-effective option for increasing the bioavailability of drugs when compared to other technologies. Slow release of drug
extended release/controlled release is an important factor driving the market for drug microencapsulation. Various nutritional elements such as vitamins, minerals, enzymes, lipase, lactase, prebiotics, and probiotics are microencapsulated to achieve the potential benefits and improve efficiency which cannot be achieved by conventional practices.
Polymers of natural and synthetic origin are used as shell materials in microencapsulation. Polymers can be either permeable, semi-permeable, or impermeable. Permeable shells are mainly used for controlled release applications.
The North American region dominated the microencapsulation market in 2016, whereas the Asia Pacific region is projected to grow at the highest CAGR during the forecast period. The increase in R&D activities by the government in Japan as well as private organizations in the rest of the region indicates a high demand for microencapsulation in Asia Pacific. The increase in the number of industrial developments in countries such as India and China is also a contributing factor for the growth of the Asia Pacific market.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Microencapsulation Market, By Application
7 Microencapsulation Market, By Technology
8 Microencapsulation Market, By Core Material
9 Microencapsulation Market, By Shell Material
10 Microencapsulation Market, By Region
11 Competitive Landscape
12 Company Profiles
- Arcade Beauty
- BASF SE
- Balchem Corporation
- Encapsys LLC.
- Givaudan SA
- International Flavors & Fragrances Inc.
- Koehler Innovative Solutions
- Koninklijke DSM N.V.
- Lycored Corp.
- Royal (Koninklijke) Frieslandcampina N.V.
- Symrise AG
- Syngenta Crop Protection AG
For more information about this report visit https://www.researchandmarkets.com/research/74t24v/microencapsulation