HOME Top Market Reports Microencapsulation Market by Technology (Spray, Emulsion, Dripping), Core Material (Pharmaceutical & Healthcare Drugs, Food Additives), Application (Pharmaceuticals, Food & Beverages), Shell material, and Region - Global Forecast to 2022

Microencapsulation Market by Technology (Spray, Emulsion, Dripping), Core Material (Pharmaceutical & Healthcare Drugs, Food Additives), Application (Pharmaceuticals, Food & Beverages), Shell material, and Region - Global Forecast to 2022

By: marketsandmarkets.com
Publishing Date: September 2017
Report Code: FB 5546

 

  Speak to Analyst Enquiry Before Buying Webinar
purchase report
download pdf  request for customisation


The microencapsulation market, in terms of value, is projected to reach USD 10.76 Billion by 2022 from USD 5.71 Billion in 2016, at a CAGR of 11.4% from 2017 to 2022.  Microencapsulation is used in various applications such as pharmaceutical & healthcare products, food & beverages, household & personal care products, agrochemicals, construction materials, and textiles with the help of spray, emulsion, and dripping technologies. Widespread applications in various industries to enhance product functionality is increasing the need for microencapsulation which in turn drives the growth of the microencapsulation market. The market players are responding to these new opportunities by expanding their global presence and service offerings. The microencapsulation market is segmented on the basis of application, technology, core material, shell material, and region.

The years considered for the study are as follows:

  • Base Year – 2016
  • Estimated Year – 2017
  • Projected Year – 2022
  • Forecast Period – 2017 to 2022

This report includes estimations of market sizes for value (USD million). Both, top-down and bottom-up approaches have been used to estimate and validate the size of the microencapsulation market and to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research through various sources such as the Centers for Disease Control and Prevention (CDC), Gesellschaft fόr Chemische Technik und Biotechnologie e.V. (DeCHEMA), Journal of Chemical Engineering & Process Technology, Defence Research and Development Organisation (DRDO), and Regulatory Bodies (such as the US FDA and Health Canada), and their market share in respective regions have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and were verified through primary sources.

Microencapsulation Market

To know about the assumptions considered for the study, download the pdf brochure

The microencapsulation ecosystem comprises microencapsulation product providers such as BASF SE (Germany), Syngenta Crop Protection AG (Switzerland), Royal FrieslandCampina N.V. (Netherlands), Koninklijke DSM N.V. (Netherlands), Givaudan SA (Switzerland), Firmenich SA (Switzerland), and Symrise AG (Germany) as major players. Other players such as International Flavors & Fragrances Inc. (US), Lycored Corp. (UK), Sensient Technologies Corporation (US), Koehler Innovative Solutions (Germany), Balchem Corporation (US), and Synthite Industries Ltd. (India) also have a significant presence in this market.

Target Audience:

  • R&D institutes
  • Technology providers
  • Microencapsulation product providers
  • Intermediary suppliers
  • Wholesalers
  • Shell and core material suppliers
  • Regulatory bodies
  • Dealers
  • Consumers
  • End users (food & beverage, pharmaceutical, agrochemical, textile, and personal care products manufacturers)
  • Retailers

“The study answers several questions for stakeholders, primarily which market segments to focus on in the next two to five years for prioritizing efforts and investments.”

Scope of the report

This research report categorizes the microencapsulation market based on application, technology, core material, shell material, and region.

Based on Application, the market has been segmented as follows:

  • Pharmaceutical & healthcare products
  • Food & beverages
  • Household & personal care products
  • Agrochemicals
  • Construction materials
  • Textiles
  • Others (energy, defense, and paper & printing)

Based on Technology, the market has been segmented as follows:

  • Spray technologies
  • Emulsion technologies
  • Dripping  
  • Others (coating, physico-chemical, and chemical technologies)

Based on Core Material, the market has been segmented as follows:

  • Pharmaceutical & healthcare drugs
  • Food additives
  • Fragrances
  • Agricultural inputs
  • Phase change materials
  • Others (construction chemicals, inks, energy molecules, and household & personal care products)

Based on Shell Material, the market has been segmented as follows:

  • Polymers
  • Gums & resins
  • Lipids
  • Carbohydrates
  • Proteins

Based on Region, the market has been segmented as follows:

  • North America
  • Europe
  • Asia Pacific
  • RoW (South America and the Middle East & Africa)

Available Customizations

With the given market data, MarketsandMarkets offers customizations according to client-specific scientific needs.

The following customization options are available for the report:

Segmental Analysis

  • Segmental analysis, which provides further breakdown of the physical process, chemical process, and physico-chemical process technologies

Geographic Analysis

  • Further breakdown of the Rest of Asia Pacific microencapsulation market into Australia & New Zealand and Indonesia.
  • Further breakdown of other countries in the Rest of the World microencapsulation market into Brazil, Argentina, South Africa, and the Middle East

Company Information

  • Detailed analyses and the profiling of additional market players (up to five)

Table of Contents

1 Introduction (Page No. - 15)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Market Scope
    1.4 Periodization Considered
    1.5 Currency Considered
    1.6 Stakeholders

2 Research Methodology (Page No. - 19)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Key Data From Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Key Data From Primary Sources
                    2.1.2.2 Breakdown of Primaries
    2.2 Market Size Estimation
    2.3 Market Breakdown & Data Triangulation
    2.4 Research Limitations
    2.5 Research Assumptions

3 Executive Summary (Page No. - 27)

4 Premium Insights (Page No. - 32)
    4.1 Opportunities in the Microencapsulation Market
    4.2 Microencapsulation Market: Key Countries
    4.3 Microencapsulation Market, By Core Material & Region
    4.4 Developed vs Developing Markets for Microencapsulation
    4.5 Microencapsulation Market, By Application & Region

5 Market Overview (Page No. - 36)
    5.1 Introduction
    5.2 Future Trends
           5.2.1 Food Industry
    5.3 Market Dynamics
           5.3.1 Drivers
                    5.3.1.1 Increase in Demand for Fortified Food Products With Health Benefits
                               5.3.1.1.1 Increase in Demand From the Food Industry
                                             5.3.1.1.1.1 Increase in Demand for Use in Functional Food
                               5.3.1.1.2 Rise in Demand in the Pharmaceutical Industry
                                             5.3.1.1.2.1 Controlled Drug Delivery
                                             5.3.1.1.2.2 Targeted Drug Delivery
                    5.3.1.2 Rise in Demand From the Agrochemicals Sector
                               5.3.1.2.1 Controlled Release Technique to Enhance the Efficiency of Agrochemicals
                               5.3.1.2.2 Controlled Release Application for Convenience in Use
                               5.3.1.2.3 Reduced Application Cost
                               5.3.1.2.4 Increase in Environmental Concerns
                    5.3.1.3 Growth in R&D Activities for Process Efficiency to Enhance Market Penetration
                    5.3.1.4 Greater Consumer Demand for Functional Products
                    5.3.1.5 Widespread Applications of Microencapsulation
                               5.3.1.5.1 Rise in Demand to Enhance Product Functionality
           5.3.2 Restraints
                    5.3.2.1 High Costs Associated With the Microencapsulated Process
           5.3.3 Opportunities
                    5.3.3.1 Development of Advanced Technologies to Tap Niche Markets
                               5.3.3.1.1 Reduction in Capsule Size and Increase in Bioavailability
                               5.3.3.1.2 Multi-Component Delivery System
                    5.3.3.2 Emerging Economies to Provide High Growth Opportunities
                               5.3.3.2.1 Government Support and Rising Economy in Developing Countries
           5.3.4 Challenges
                    5.3.4.1 Stability of Microencapsulated Ingredients in Varying Atmosphere
                    5.3.4.2 Regulatory Hindrance
                    5.3.4.3 Technical Constraints Associated With High Costs
                    5.3.4.4 Selection of Technology

6 Microencapsulation Market, By Application (Page No. - 53)
    6.1 Introduction
    6.2 Pharmaceutical & Health Care Products
    6.3 Food & Beverages
    6.4 Household & Personal Care
    6.5 Agrochemicals
    6.6 Construction
    6.7 Textile
    6.8 Others (Energy, Defense & Paper)

7 Microencapsulation Market, By Technology (Page No. - 65)
    7.1 Introduction
    7.2 Spray Technologies
           7.2.1 Spray Drying
           7.2.2 Spray Chilling
           7.2.3 Centrifugal Extrusion
           7.2.4 Spinning Disk/Rotational Suspension Separation
    7.3 Emulsion Technologies
           7.3.1 in Situ Polymerization
           7.3.2 Coacervation
           7.3.3 Sol-Gel Encapsulation
    7.4 Dripping
           7.4.1 Spinning Disk/Rotational Suspension Separation
           7.4.2 Centrifugal Extrusion
    7.5 Other Technologies

8 Microencapsulation Market, By Core Material (Page No. - 72)
    8.1 Introduction
    8.2 Phase Change Materials
    8.3 Agricultural Inputs
    8.4 Food Additives
    8.5 Pharmaceutical & Healthcare Drugs
    8.6 Fragrances
    8.7 Others

9 Microencapsulation Market, By Shell Material (Page No. - 80)
    9.1 Introduction
    9.2 Polymers
    9.3 Gums & Resins
    9.4 Lipids
    9.5 Carbohydrates
    9.6 Proteins

10 Microencapsulation Market, By Region (Page No. - 86)
     10.1 Introduction
     10.2 North America
             10.2.1 US
             10.2.2 Canada
             10.2.3 Mexico
     10.3 Europe
             10.3.1 Germany
             10.3.2 UK
             10.3.3 France
             10.3.4 Rest of Europe
     10.4 Asia Pacific
             10.4.1 China
             10.4.2 Japan
             10.4.3 Rest of Asia Pacific
     10.5 Rest of the World (RoW)
             10.5.1 South America
             10.5.2 Others in RoW

11 Competitive Landscape (Page No. - 121)
     11.1 Introduction
     11.2 Market Share Analysis
     11.3 Competitive Leadership Mapping
             11.3.1 Vanguards
             11.3.2 Innovators
             11.3.3 Dynamic Differentiators
             11.3.4 Emerging Companies
     11.4 Competitive Benchmarking
             11.4.1 Strength of Product Offering (For 25 Companies)
             11.4.2 Business Strategy Excellence (For 25 Companies)

12 Company Profiles (Page No. - 126)
(Business Overview, Products Offered, Services Offered, Business Strategy Excellence, Recent Developments)*
     12.1 Introduction
     12.2 BASF SE
     12.3 Syngenta Crop Protection AG
     12.4 Royal (Koninklijke) Frieslandcampina N.V.
     12.5 Koninklijke DSM N.V.
     12.6 Givaudan SA
     12.7 Symrise AG
     12.8 International Flavors & Fragrances Inc.
     12.9 Lycored Corp.
     12.10 Koehler Innovative Solutions
     12.11 Balchem Corporation
     12.12 Encapsys LLC.
     12.13 Arcade Beauty

*Details on Business Overview, Products Offered, Services Offered, Business Strategy Excellence, Recent Developments Might Not Be Captured in Case of Unlisted Companies.

13 Appendix (Page No. - 164)
     13.1 Discussion Guide
     13.2 More Company Developments
             13.2.1 New Product & Technology Launches
             13.2.2 Expansions & Investments
             13.2.3 Acquisitions
             13.2.4 Partnerships & Agreement
     13.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
     13.4 Introducing RT: Real Time Market Intelligence
     13.5 Available Customizations
     13.6 Related Reports
     13.7 Author Details


List of Tables (83 Tables)

Table 1 Reasons for Microencapsulation in the Food & Pharmaceutical Industries
Table 2 Trends in the Application of Microcapsules in Various Industries
Table 3 Major Applications of Microencapsulation in Various Industries
Table 4 Microencapsulation Methods, Cores, and Sizes of Capsules
Table 5 Maximum Permissible Residue Level of Formaldehyde in Textiles & Other Products
Table 6 Microencapsulation Methods and Applications
Table 7 Microencapsulation Market Size, By Application, 2015–2022 (USD Million)
Table 8 Microencapsulated Drugs and Biopharmaceutics
Table 9 Pharmaceutical & Healthcare Products: Microencapsulation Market Size, By Region, 2015–2022 (USD Million)
Table 10 Applications of Microencapsulation of Probiotic Bacteria
Table 11 Methods for Encapsulating Food Ingredients
Table 12 Food & Beverage: Microencapsulation Market Size, By Region, 2015–2022 (USD Million)
Table 13 Household & Personal Care: Microencapsulation Market Size, By Region, 2015–2022 (USD Million)
Table 14 Agrochemicals: Microencapsulation Market Size, By Region, 2015–2022 (USD Million)
Table 15 Applications of Microcapsules in Construction Materials
Table 16 Construction: Microencapsulation Market Size, By Region, 2015–2022 (USD Million)
Table 17 Textile: Microencapsulation Market Size, By Region, 2015–2022 (USD Million)
Table 18 Others: Microencapsulation Market Size, By Region, 2015–2022 (USD Million)
Table 19 Technologies for Microencapsulation
Table 20 Microencapsulation Techniques With Their Relative Particle Size Ranges
Table 21 Microencapsulation Market Size, By Technology, 2015–2022 (USD Million)
Table 22 Spray Technologies Market Size, By Region, 2015–2022 (USD Million)
Table 23 Emulsion Technologies Market Size, By Region, 2015–2022 (USD Million)
Table 24 Dripping Market Size, By Region, 2015–2022 (USD Million)
Table 25 Other Technologies Market Size, By Region, 2015–2022 (USD Million)
Table 26 Microencapsulation Process and Applicable Core Material
Table 27 Microencapsulation Market Size, By Core Material, 2015–2022 (USD Million)
Table 28 Phase Change Materials Market Size, By Region, 2015–2022 (USD Million)
Table 29 Agricultural Inputs Market Size, By Region, 2015–2022 (USD Million)
Table 30 Food Additives Market Size, By Region, 2015–2022 (USD Million)
Table 31 Potential Benefits of Microencapsulation of Nutraceuticals
Table 32 Pharmaceutical & Healthcare Drugs Market Size, By Region, 2015–2022 (USD Million)
Table 33 Fragrances Market Size, By Region, 2015–2022 (USD Million)
Table 34 Other Core Materials Market Size, By Region, 2015–2022 (USD Million)
Table 35 Core Materials Used in Microencapsulation
Table 36 Microencapsulation Market Size, By Shell Material, 2015–2022 (USD Million)
Table 37 Polymers Used as Shell Materials in Microencapsulation
Table 38 Microencapsulation Market Size, By Region, 2015–2022 (USD Million)
Table 39 North America: Microencapsulation Market Size, By Country, 2015 - 2022 (USD Million)
Table 40 North America: Microencapsulation Market Size, By Application, 2015 - 2022 (USD Million)
Table 41 North America: Microencapsulation Market Size, By Technology, 2015 - 2022 (USD Million)
Table 42 North America: Microencapsulation Market Size, By Core Material, 2015 - 2022 (USD Million)
Table 43 Maximum Intended Use Levels of Free and Microencapsulated Fish Oil Products*
Table 44 US: Microencapsulation Market Size, By Application, 2015–2022 (USD Million)
Table 45 US: Microencapsulation Market Size, By Technology, 2015 - 2022 (USD Million)
Table 46 Canada: Microencapsulation Market Size, By Application, 2015 - 2022 (USD Million)
Table 47 Canada: Microencapsulation Market Size, By Technology, 2015–2022 (USD Million)
Table 48 Mexico: Microencapsulation Market Size, By Application, 2015–2022 (USD Million)
Table 49 Mexico: Microencapsulation Market Size, By Technology, 2015–2022 (USD Million)
Table 50 Europe: Microencapsulation Market Size, By Country, 2015–2022 (USD Million)
Table 51 Europe: Microencapsulation Market Size, By Application, 2015–2022 (USD Million)
Table 52 Europe: Microencapsulation Market Size, By Technology, 2015–2022 (USD Million)
Table 53 Europe: Microencapsulation Market Size, By Core Material, 2015–2022 (USD Million)
Table 54 Germany: Microencapsulation Market Size, By Application, 2015–2022 (USD Million)
Table 55 Germany: Microencapsulation Market Size, By Technology, 2015–2022 (USD Million)
Table 56 UK: Microencapsulation Market Size, By Application, 2015–2022 (USD Million)
Table 57 UK: Microencapsulation Market Size, By Technology, 2015–2022 (USD Million)
Table 58 France: Microencapsulation Market Size, By Application, 2015–2022 (USD Million)
Table 59 France: Microencapsulation Market Size, By Technology, 2015–2022 (USD Million)
Table 60 Rest of Europe: Microencapsulation Market Size, By Application, 2015–2022 (USD Million)
Table 61 Rest of Europe: Microencapsulation Market Size, By Technology, 2015–2022 (USD Million)
Table 62 Asia Pacific: Microencapsulation Market Size, By Country, 2015–2022 (USD Million)
Table 63 Asia Pacific: Microencapsulation Market Size, By Application, 2015–2022 (USD Million)
Table 64 Asia Pacific: Microencapsulation Market Size, By Technology, 2015–2022 (USD Million)
Table 65 Asia Pacific: Microencapsulation Market Size, By Core Material, 2015–2022 (USD Million)
Table 66 China: Microencapsulation Market Size, By Application, 2015–2022 (USD Million)
Table 67 China: Microencapsulation Market Size, By Technology, 2015–2022 (USD Million)
Table 68 Japan: Microencapsulation Market Size, By Application, 2015–2022 (USD Million)
Table 69 Japan: Microencapsulation Market Size, By Technology, 2015–2022 (USD Million)
Table 70 Rest of Asia Pacific: Microencapsulation Market Size, By Application, 2015–2022 (USD Million)
Table 71 Rest of Asia Pacific: Microencapsulation Market Size, By Technology, 2015–2022 (USD Million)
Table 72 RoW: Microencapsulation Market Size, By Region, 2015 - 2022 (USD Million)
Table 73 RoW: Microencapsulation Market Size, By Application, 2015 - 2022 (USD Million)
Table 74 RoW: Microencapsulation Market Size, By Technology, 2015 - 2022 (USD Million)
Table 75 RoW: Microencapsulation Market Size, By Core Material, 2015 - 2022 (USD Million)
Table 76 South America: Microencapsulation Market Size, By Application, 2015 - 2022 (USD Million)
Table 77 South America: Microencapsulation Market Size, By Technology, 2015 - 2022 (USD Million)
Table 78 Others in RoW: Microencapsulation Market Size, By Application, 2015 - 2022 (USD Million)
Table 79 Others in RoW: Microencapsulation Market Size, By Technology, 2015 - 2022 (USD Million)
Table 80 New Product & Technology Launches, 2012-2015
Table 81 Expansions & Investments, 2012-2017
Table 82 Acquisitions, 2017
Table 83 Partnership & Agreement, 2012-2017


List of Figures (37 Figures)
 
Figure 1 Microencapsulation Market Segmentation
Figure 2 Regional Segmentation: Microencapsulation Market
Figure 3 Research Design: Microencapsulation Market
Figure 4 Market Size Estimation Methodology: Bottom-Up Approach
Figure 5 Market Size Estimation Methodology: Top-Down Approach
Figure 6 Data Triangulation Methodology
Figure 7 Microencapsulation Market Snapshot, By Core Material, 2017 vs 2022 (USD Million)
Figure 8 Asia Pacific is Projected to Be the Fastest-Growing Market for Microencapsulation From 2017 to 2022
Figure 9 Microencapsulation Market Size, By Shell Material, 2017 vs 2022 (USD Million)
Figure 10 Microencapsulation Market Size, By Technology, 2017–2022 (USD Million)
Figure 11 Microencapsulation Market Size, By Application, 2017 vs 2022 (USD Million)
Figure 12 Microencapsulation Market Share (Value), By Region, 2016
Figure 13 Increase in Demand for Functional Products With Health Benefits to Drive the Growth of the Microencapsulation Market
Figure 14 China is Projected to Be the Fastest-Growing Country-Level Market for Microencapsulation From 2017 to 2022
Figure 15 Pharmaceutical & Healthcare Drugs Dominated the Microencapsulation Market, By Core Material, in 2016
Figure 16 Developing Countries are Projected to Witness Higher Growth Rates During the Forecast Period
Figure 17 North America Dominated the Microencapsulation Market in 2016
Figure 18 North America: Microencapsulation Market, By Technology, 2016
Figure 19 Market Dynamics: Microencapsulation Market
Figure 20 Increase in Per Capita Healthcare Expenditure in Major Economies, 2010–2014
Figure 21 Chronic Diseases Were Among the Top 10 Causes of Death in 2015
Figure 22 Microencapsulation Market Size, By Technology, 2017 vs 2022 (USD Million)
Figure 23 Microencapsulation Market Size, By Core Material, 2017 vs 2022 (USD Million)
Figure 24 Microencapsulation Market Size, By Shell Material, 2017 vs 2022 (USD Million)
Figure 25 US Accounted for the Largest Share in the Microencapsulation Market in 2016
Figure 26 North American Microencapsulation Market Snapshot
Figure 27 European Microencapsulation Market Snapshot
Figure 28 Asia Pacific Microencapsulation Market Snapshot
Figure 29 Microencapsulation Market (Global) Competitive Leadership Mapping, 2017
Figure 30 BASF SE: Company Snapshot
Figure 31 Syngenta Crop Protection AG: Company Snapshot
Figure 32 Royal Frieslandcampina N.V.: Company Snapshot
Figure 33 Koninklijke DSM N.V.: Company Snapshot
Figure 34 Givaudan SA: Company Snapshot
Figure 35 Symrise AG: Company Snapshot
Figure 36 International Flavors & Fragrances Inc.: Company Snapshot
Figure 37 Balchem Corporation: Company Snapshot

The global market for microencapsulation has grown exponentially in the last few years. The market size is projected to reach USD 10.76 Billion by 2022, growing at a CAGR of around 11.4% from 2017 to 2022. Emerging markets such as India, China, Japan, Brazil, and Argentina are the primary targets of the industry. Factors such as the growing awareness and demand for fortified food products, increasing demand from the pharmaceutical industry for various applications, and the emergence of new technologies are the major factors driving this market. Moreover, achieving enhanced product functionality by microencapsulation helped to drive the microencapsulation industry.

The microencapsulation market, by application, is segmented into pharmaceutical & healthcare products, food & beverages, agrochemicals, construction materials, textiles, and others, which include energy, defense, and paper & printing. The pharmaceutical & healthcare products dominated the market in 2016 since microencapsulated ingredients such as drugs & nutrients are largely used for the development of these products. This is followed by household & personal care products where a large number of fragrances, foaming agents, vitamins, essential oils, skin moisturizing agents, skin cooling agents, and anti-aging agents are used.

The microencapsulation market, based on technology, is segmented into spray technologies, emulsion technologies, dripping, and others, which include coating, physico-chemical, and chemical technologies. The spray technologies segment dominated the market in 2016. The emulsion technologies segment is projected to grow at the highest CAGR from 2017 to 2022. Spray techniques for microencapsulation are largely applied across all industries. The spray drying technique is also required after the chemical-based microencapsulation process, thereby increasing its usage.

The microencapsulation market, by core material, is segmented into pharmaceutical & healthcare drugs, fragrances, agriculture inputs, food additives, phase change materials (PCM), and others which include construction chemicals, inks, energy molecules, and household & personal care products. The pharmaceutical & healthcare drugs segment accounted for the largest share of the microencapsulation market in 2016. The food additives segment is projected to grow at the highest CAGR from 2017 to 2022. This growth is attributed to the increasing usage of microencapsulation technology for a large number of ingredients in various food applications.

The microencapsulation market, based on shell material, is segmented into polymers, gums & resins, lipids, carbohydrates, and proteins. Polymers, include PMMA, acrylic, and other natural & synthetic based shell materials, dominated the market in 2016. The carbohydrates segment is projected to grow at the highest CAGR from 2017 to 2022 due to its usage in the rapidly growing food & beverages industry.  Moreover, carbohydrate-based shell materials such as hydrocolloids, starch, cellulose, and other complex carbohydrates, are readily approved by regulatory authorities.

Microencapsulation Market

The microencapsulation market was dominated by the North American region in 2016. The Asia Pacific region is projected to be the fastest-growing market during the forecast period since the demand from the food & beverages industry is expected to increase in the coming years. The other factors responsible for the growth of the Asia Pacific market are emerging economies, technological advancements, and growth of industrialization in the region.

The development of microencapsulated materials is at times customized, and at times is required to be carried out at an industrial scale instead of a pilot scale. This increases the processing cost of the product and ultimately leads to an increase in the product cost, which restrains the market growth.

Expansions & investments, acquisitions, new product & technology launches, agreements, collaborations, joint ventures, and partnerships are the key strategies adopted by market players to ensure their growth in the market. The market is dominated by players such as BASF SE (Germany), Syngenta Crop Protection AG (Switzerland), Royal FrieslandCampina N.V. (Netherlands), Koninklijke DSM N.V. (Netherlands), Givaudan SA (Switzerland), Firmenich SA (Switzerland), and Symrise AG (Germany). Other major players in the market include International Flavors & Fragrances Inc. (US), Lycored Corp. (UK), Sensient Technologies Corporation (US), Koehler Innovative Solutions (Germany), Balchem Corporation (US), and Synthite Industries Ltd. (India).

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

Custom Market Research Services

We will customize the research for you, in case the report listed above does not meet with your exact requirements. Our custom research will comprehensively cover the business information you require to help you arrive at strategic and profitable business decisions.

Please visit http://www.marketsandmarkets.com/knowledge-process-outsourcing-services.asp to specify your custom Research Requirement

Connect With Us

Follow us on LinkedIn  Follow us on Facebook   Follow us on Twitter 
Live Chat Support


US : 1-888-600-6441
UK : 44-800-368-9399

Search reports



Access reports on all high
growth Food Ingredients Markets on KnowledgeStore
Request Demo