Global Microencapsulated Food Ingredient Market 2018-2023 - Trends, Growth and Forecasts - ResearchAndMarkets.com

DUBLIN--()--The "Global Microencapsulated Food Ingredient Market - Trends, Growth and Forecasts (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.

The global microencapsulated food ingredient market is expected to register a CAGR of 9.8% during the forecast period, 2018 to 2023.

Growing Demand for Food Fortification

Owing to the growing need for tackling micronutrients deficiency, governments world over, along with the other stakeholders, have taken substantial efforts to further the fortification programs for achieving last mile efficiency. In the wake of such scenario, microencapsulation of food ingredients presents the suitable option to achieve targeted delivery of nutrients, apart from delivering the value-added ingredients in a convenient and user-friendly way.

Market Segmentation

The market is segmented based on the captivating technology, shell material, application, and geography. Based on the captivating technology, the market is further segmented into spray, emulsions, and dripping. The spray technology segment of the market is expected to dominate the market during the forecast period as it simplifies the food manufacturing process by converting atomized liquids to solid powder, thereby decreasing the production and handling costs.

Based on the shell material, the market comprises of polysaccharides, proteins, lipids, emulsifiers, and other shell materials. The polysaccharide segment has been leading due to its universal usage across various industry sectors. The polysaccharides have enhanced biocompatibility, solubility, modification potential, and innate bioactivity, which make it a popular choice of shell material. The protein segment is expected to achieve higher growth rate owing to the increasing trend for protein products consumption.

Key Developments

  • December 2017 - Smart Cups of Mission Viejo, California, had introduced a line of 3-D-polycapsule printed, self-stirring and biodegradable cups that create an energy drink when water is added. The ingredients for the beverage are microencapsulated in the packaging itself.
  • June 2017 - Balchem Corporation acquired Innovative Food Processors (IFP), Inc., a privately held manufacturer of agglomerated and microencapsulated food and nutrition ingredients, headquartered in Faribault, Minnesota.

Market Dynamics

Drivers

  • Food Fortification
  • Value-addition of Functional Foods
  • Wide Application Spectrum

Restraints

  • Highly Sophasticated - Required Skilled Labor
  • Alternative Methods for Ingredient Delivery

Opportunities

  • Targeted and Controlled Nutrients Delivery
  • Microencapsulated Pro-biotic Foods

Companies Mentioned

  • Cargill
  • Royal DSM
  • BASF SE
  • Ingredion Incorporated
  • ABCO Laboratories Inc
  • Frieslandcampina Kievit
  • GAT Food Essentials GmbH
  • Kerry Group
  • Lycored Group
  • National Enzyme Company
  • International Flavors and Fragrances Inc.
  • Coating Place Inc

Key Topics Covered

1. Introduction

2. Research Approach and Methodology

3. Market Overview

4. Market Dynamics

5. Market Segmentation

6. Competitive Landscape

7. Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/dpg4hk/global?w=4

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
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Related Topics: Food Ingredients

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Food Ingredients