Market Value Forecast
Globally, the food encapsulation market is estimated to be US$ 3,252.2 million in 2014 and expected to reach at US$ 5,464.6 million by 2020, by registering a CAGR of 9.4% during 2015-2020.Need to efficiently blend ingredients while ensuring taste, flavour and shelf-life stability of finished products is of vital importance. Also, companies need to focus on combining encapsulation technology and wall material for enhanced product life in applications such as dairy products, beverages, and animal nutrition products.
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Wall Material Analysis
The wall material segmentation includes analysis of flavouring agents, acids, bases, and buffers, lipids, enzymes & microorganisms, amino acids & peptides, vitamins & minerals, antioxidants and others (artificial sweeteners and leavening agents). Among all the segments, flavouring agents is expected to witness a CAGR of 10.5%, accounting for US$ 1,677.4 Mn by 2020 followed by vitamins and minerals, registering a CAGR of 9.7% during the forecast period. In terms of market share contribution, vitamins and minerals is expected to account for 40.7% of the total food encapsulation market by 2020.
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Core Material Analysis
The wall material segmentation includes analysis of carbohydrates, proteins, lipids and waxes. Of which, proteins is expected to witness a CAGR of 10.0%, accounting for US$ 1,209.3 Mn by 2020 followed by carbohydrates, registering a CAGR of 9.2% during the forecast period. Protein-based encapsulation offers high benefits regarding sensory impact of microcapsules in the finished product. Thus, it is expected to witness increased demand among manufacturers in the near future.Also, encapsulation of probiotics in whey protein gel particles results in increased storage and processing, coupled with extended applications for vegetable, biscuits, and juice products. This is expected to fuel the demand for protein-based matrix during the forecast period.
Table of Content
1 Research Methodology
2 Executive Summary
3 Global Food Encapsulation Market: Taxonomy
4 Global Encapsulation Market Overview
5 Global Food Encapsulation Market Size and Forecast
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