Food Encapsulation Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024
Deerfield Beach, FL -- (SBWIRE) -- 08/24/2017 -- Food encapsulation is known as maintaining and preserving the shelf life of the food products by improving flavor, taste, and color. It also helps to retain and stabilize food ingredients in their original form. These ingredients are essential to ensure flavor, shelf life, and taste of the finished products. However, food manufacturers need to focus on combining encapsulation technology along with wall material to improve product life in various applications such as animal nutrition products, beverages, and dairy products. Due to the emergence of this technology, food and beverages industries are able to preserve products for a longer time. Food encapsulation allows the easy coating to the food ingredients such as fats, raisins, acidulants, flavors, and whole ingredients.
Key players in the global food encapsulation market are Encapsys Microencapsulation, ABCO Laboratories Inc., Firmenich Inc., Aveka Group, FrieslandCampina Kievit, and Cargill Inc. Other major players include Advanced BioNutrition Corporation, Coating Place Inc., Balchem Corporation, and Blue California
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Major growth factors of the global food encapsulation market are increasing consumption of functional foods, and increase in health conscious consumers. In addition, rapidly increasing demand for convenience foods may also drive the global market in the future. Prevalence of the diseases such as obesity and diabetes is growing worldwide; hence, people are becoming more conscious while choosing their food and drinks. The consumers become more health conscious and hence the demand for nutrient-rich products has risen globally and it can be met through food encapsulation. This is anticipated to foster the global food encapsulation market in the near future. However, due to a busy life, people are opting for convenience foods. These foods come under category ready-to-eat foods; they need certain shelf life to preserve flavor, taste, and color of the food. Moreover, convenience foods may propel the food encapsulation market in the next few years.
The global food encapsulation market is segregated on the basis of technology, material, core phase, and geography. The technology segment includes physicochemical process, physical process, and chemical process. Further, the material segment comprises emulsifiers, polysaccharide, shell material, lipids, proteins, and others. Moreover, the core phase segment consists of organic acids, flavors & essence, vitamins, probiotics, enzymes, colors, minerals, and others. Furthermore, the geographical segmentation in the global food encapsulation market includes North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
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North America contributed the largest market share in the global food encapsulation market. However, growth in the market is sluggishly owing to saturated end-products market. Europe accounted for the largest market share as it is the fastest growing region as compared to others in food encapsulation market. Asia Pacific is also emerging as a fastest growing market due to booming food industries in this region. In addition, increasing financial stability and urbanization may boost the global food encapsulation market in the next few years.
Global Food Encapsulation Market: Regional Segment Analysis: North America(US), Europe(Germany, France, UK), Asia Pacific(China, Japan, India)Latin America(Brazil, Middle East, Africa)
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