High prevalence of target diseases, rising demand in pharmaceutical industry, increased demand for dietary supplement, widespread application of microencapsulation in various industries are key factors contributing to high CAGR of Microencapsulation Market during forecast period.
Market Size – USD 6.78 Billion in 2018, Market Growth – CAGR of 9.8%, Market Trends – Reduced multiple doses of the drug per day
According to the current analysis of Reports and Data, the global Microencapsulation market was valued at USD 6.78 billion in 2018 and is expected to reach USD 14.40 billion by the year 2026, at a CAGR of 9.8%. Microencapsulation is a process in which active ingredients are coated with extremely small capsules. This technology has been used in the cosmetics industry, the pharmaceutical, agrochemical, and food industries, in flavors, acids, oils, vitamins, microorganisms, among others. The market is driven by the increasing prevalence of chronic target diseases, rising demand in the pharmaceutical industry, increased demand for supplementary products, and more efficient physiological action. Increasing chronic diseases such as cancer, hypertension, and other CVS diseases is expected to fuel market growth. In hypertension, the drug is required to remain active on the administration to avoid several doses per day. Microencapsulation offers prolonged and or sustained release action, as the core material or active ingredients are coated with polymers or other biodegradable and chemically compatible coating material, which restricts the drug release for a more extended time. Reduced multiple doses have to lead to more patient compliance, which is expected to propel the microencapsulation market growth. The broader application of microencapsulation in various industries is enhancing market demand. For example, microencapsulation is widely used in the food industry for perishable products such as highly volatile foods and prevention from auto-oxidation of certain dairy products.
Key participants include BASF, Royal Frieslandcampina, Syngenta Crop Protection, Koninklijke DSM, Givaudan, International Flavors & Fragrances, Symrise, Sensient Technologies, Lycored Corp., and Koehler Innovative Solutions
Get a sample of the report @ https://www.reportsanddata.com/sample-enquiry-form/2295
Further key findings from the report suggest
- During 2019-2026, microencapsulation market is expected to register a CAGR of 11.2% in Asia Pacific; followed by North America and Europe, with 9.7% and 9.5% CAGR, respectively. High prevalence of chronic target diseases across the globe is the major factor driving the market during the forecast period across all regions.
- The physical methods segment dominates the market with highest market share in the year 2018. It is estimated to grow at a CAGR of 10.1% during the forecast period to reach USD 6.29 billion by 2026
- Based on application segment, the pharmaceutical & healthcare is expected to account for the CAGR 10.2% of the global microencapsulation market, as increased demand of masking the odor and taste of the molecule used and to provide sustained release effect
- Asia Pacific is expected to account for the CAGR 11.2% of the global microencapsulation market. Developing nations such China, and India are likely to witness high growth due to high prevalence of target diseases, increased healthcare expenditure and high demand of fertilizers in agriculture application segment
- Based on coating material polymers dominate the total market share of microencapsulation, as the polymer provide even and better coating to the granules of core material and is chemically instable
To identify the key trends in the industry, click on the link below: https://www.reportsanddata.com/report-detail/microencapsulation-market
For the purpose of this report, Reports and Data has segmented the microencapsulation market on the basis of coating material, method type, core material, application, and region:
Coating Material Outlook (Revenue, USD Million; 2016-2026)
- Carbohydrates
- Gums & resins
- Lipids
- Polymers
- Proteins
- Others
Method Type Outlook (Revenue, USD Million; 2016-2026)
- Chemical Methods
- Solvent Evaporation
- Interfacial Cross-Linking
- Interfacial Polycondensation
- In Situ Polymerization
- Matrix Polymerization
- Physical Methods
- Spray Drying
- Fluid-Bed/Pan Coating
- Centrifugal Extrusion
- Vibrating Nozzle
- Spinning Disk Microencapsulation
- Physicochemical method
- Ionotropic Gelation
- Polyelectrolyte Complexation
- Coacervation
- Supercritical Fluid Technology
Core Material Outlook (Revenue, USD Million; 2016-2026)
- Acetaminophen
- Vitamin –A Palmitate
- Activated Charcoal
- Liquid Crystal
- Potassium Chloride
- Aspirin
- Urease
- Viable Cells of Islet of Langer Hans
- Progesterone
- Menthol/Methyl Salicylate Camphor Mixture
- Others
Application Outlook (Revenue, USD Million; 2016-2026)
- Pharmaceutical & Healthcare
- Renal Failure
- CVS Diseases
- Colon Disease
- Diabetes
- Liver Disease
- Cancer
- Food & Fragrances
- Agriculture
- Others
Regional Outlook (Revenue in USD Million; 2016–2026)
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Request a customization of the report @ https://www.reportsanddata.com/request-customization-form/2295
Table of Content:
Chapter 1. Market Synopsis
1.1. Market Definition
1.2. Research Scope & Premise
1.3. Methodology
1.4. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2018 – 2026
Chapter 3. Indicative Metrics
3.1. Increased demand for multi-component delivery systems
Chapter 4. Microencapsulation Segmentation & Impact Analysis
4.1. Microencapsulation Segmentation Analysis
4.2. Microencapsulation Market Value Chain Analysis, 2016-2026
4.3. Regulatory framework
4.4. Microencapsulation Market Impact Analysis
4.4.1. Market driver analysis
4.4.2. Market restraint analysis
4.4.2.1. High cost associated with the microencapsulated process
4.5. Key opportunities prioritized
4.6. Microencapsulation Pricing Analysis
4.7. Industry analysis – Porter’s
4.8. Microencapsulation PESTEL Analysis
Continue…
Thank you for reading our report. For further query on the report and customization, please connect with us. Our team will ensure you get the report best suited for your needs.
About Us:
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market.
Contact Us:
John Watson
Head of Business Development
Direct Line: +1-212-710-1370
E-mail: [email protected]
Reports and Data | Web: www.reportsanddata.com
Browse More Report:
Gibberellins Market Analysis
Paperboard Market Business Opportunities
