Microencapsulated Food Ingredients Market Outlook:
Microencapsulation is useful technique in protecting the integrity of food ingredients such as vitamins, flavors, water, and salts. Microencapsulation can aid the incorporation of ingredients that are not in their original state, in desirable form by modifying the nature of substance. Microencapsulated food ingredients is useful in enhancing the sustainability of the food products.
Different technologies use for microencapsulation such as dripping, spray, emulsion, and other technologies. Microencapsulation food ingredients market is expected to grow rapidly in forecast period because use of microencapsulated food ingredients is rising in food and beverage, nutraceutical and pharmaceutical industry. The high cost associated with microencapsulation process as well as high cost of research and development are the important factors which can hinder the growth of microencapsulated food ingredients market.
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Rising Demand for Fortified Food Products with Various Health Benefits
Food fortification is the enhancement of daily foods with proteins, vitamins, and other micronutrients, essentially giving the products a ‘high-protein’ label. The demand for fortified food is increasing from consumer due to various factors such as increasing awareness about mindful living, importance of nutritious food, and increasing disease prevalence. Protein-oriented foods help to maintain good health.
The use of microencapsulated food ingredients is rising by food manufacturers as it provides integration of vitamins, minerals, essential oil, flavor, and other additives in food products. Microencapsulated food ingredients enhance the functional properties of food products. Microencapsulated food ingredients help to increase the shelf life of food products. Microencapsulated food ingredients is the proper option to achieve targeted delivery of nutrients, aside from delivering the value added ingredients in a user friendly and convenient way.
Poor children and adults suffer from malnutrition and deficiencies in many countries due to which governments of various countries are focusing on food fortification programs. In food fortification programs, microencapsulated food ingredients used widely to improve the nutritional properties and sustainability of the food products. The increasing demand of fortified food products is beneficial for microencapsulated food ingredients market.
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Global Microencapsulated Food Ingredients: Key Participants
Some of the key participants operating their business in the global microencapsulated food ingredients market are BASF SE, Coating Place Inc., Cargill Incorporated, Frieslandcampina Kievit, International Flavors and Fragrances Inc., Royal DSM, National Enzyme Company, Ingredion Incorporated, Lycored Group, ABCO Laboratories Inc., GAT Food Essentials GmbH, and other players.
The key players of microencapsulated food ingredients are focusing on acquisition, mergers and joint venture to strengthen the production capacity and to expand the business footprints globally.
For instance,
- In June 2017, Balchem Corporation acquired Innovative Food Processors. The aim behind the acquisition was to use advance microencapsulation technology for the production of food products as well as to expand the production capabilities and product portfolio.
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Opportunities in Microencapsulated Food Ingredients Market
The demand for healthy and nutritional bakery and confectionery products is rising rapidly across the globe. Microencapsulated food ingredients help in enhancing the nutritional content of bakery and confectionery products. Microencapsulated food ingredients help in improving texture and appearance of food products.
Consumer are attracted towards unique flavors and colors of food products and microencapsulated food ingredients helps in getting desired flavor and color to the food products as well as maintain the original flavor and color of food products for long period of time.
The use of microencapsulated food ingredients is rising from bakery and confectionery food manufacturers because of it increases the nutritional properties and quality of food products. The increasing sale of bakery and confectionery products is beneficial for microencapsulated food ingredients market.
North America is expected to continue its dominance in microencapsulated food ingredients market in forecast period. North America is leading in microencapsulated food ingredients market because of robust manufacturing base and large number of key players specifically in United States.
Asia Pacific is expected to grow rapidly in microencapsulated food ingredients market because of emergence of regional players and rising awareness of health and wellness. The demand for fortified food is rising rapidly in Asia Pacific due to which micro microencapsulated food ingredients is expected to witness significant growth in forecast period.
