Food Encapsulation Market by Shell Material (Polysaccharides, Proteins, Lipids, Emulsifiers & Others), Core Phase (Vitamins, Probiotics, Flavors & Essences, & Others), Technology (Physical, Chemical & Physico-Chemical), & by Region - Global Forecasts to 2021

The food encapsulation market was valued at USD 29.36 Billion in 2015, and is projected to reach 41.74 Billion by 2021, at a CAGR of 6.0% from 2016. With the increasing demand for functional foods such as fortified foods, nutraceuticals, and other health-based foods in the developed countries such as the U.S., the U.K., and Germany, improving technology along with R&D investments, and easy usage/instant techniques by manufacturers are likely to drive the market for food encapsulation. The food encapsulation market is segmented into shell material & technology, core phase, and region.

The years considered for the study are:

• Base Year – 2015
• Estimated Year – 2016
• Projected Year – 2021
• Forecast Period – 2016 to 2021

The objectives of the study include:

• To define, segment, and project the global food encapsulation market size on the basis of shell material, technology, core phase, and region;
• To understand the structure of the food encapsulation market by identifying its various subsegments;
• To provide detailed information about the key factors influencing the growth of the food encapsulation market (drivers, restraints, opportunities, and challenges);
• To project the size of the food encapsulation market, in terms of value (USD million).

This report includes estimations of food encapsulation market sizes for value (USD million). Both, top-down and bottom-up approaches have been used to estimate and validate the size of the food encapsulation market and to estimate the size of various other dependent submarkets in the overall market. Key players in the food encapsulation market have been identified through secondary research, and their market share in respective regions has 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. The figure below shows the breakdown of profiles of industry experts who participated in the primary discussions.

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

Market Ecosystem

Key participants in the supply chain of food encapsulation are equipment suppliers, raw material suppliers, government bodies, distributors, and end users such as industries, consumers, and researchers. The major key players that are profiled in the food encapsulation market include Cargill, Incorporated (U.S.), FrieslandCampina Kievit (The Netherlands), Royal DSM (The Netherlands), Kerry Group (Ireland), Ingredion Incorporated (U.S.). The other players include Firmenich Inc. (Switzerland), Lycored Ltd. (Israel), International Flavors & Fragrances (U.S.), Symrise AG (Germany), Sensient Technologies (U.S.), Balchem Corporation (U.S.), National Enzyme Company (U.S.), and Aveka Group (U.S.).

Target Audience

This report is targeted at the existing players in the industry, which include:

• Food manufacturers
• Pharmaceutical industry
• Nutraceutical/healthcare industry
• Distributors of encapsulated ingredients
• Encapsulated ingredient manufacturers
• Regulatory authorities

“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

On the basis of Shell Material & Technology

• Shell Material
  1. Polysaccharide
  2. Proteins
  3. Lipids
  4. Emulsifiers
  5. Other shell materials
• Technology
  1. Physical process
  2. Chemical process
  3. Physico-chemical process

On the basis of Core Phase

• Vitamins
• Minerals
• Enzymes
• Organic acids
• Probiotics
• Colors
• Flavors & essence
• Others

On the basis of Region

• North America
• Europe
• Asia-Pacific
• RoW (Brazil, South Africa, and rest of the countries)

Available Customizations

With the given market data, MarketsandMarkets offers customizations according to the company’s specific needs.

The following customization options are available for the report:

Technology Analysis

• Segmentation on food encapsulation, by type, such as micro-encapsulation, nano-encapsulation & bio-enacapsulation can be provided in terms of market size.
• Subsegmentation of food encapsulation technology for each process.

Company Information

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

Table of Contents

1 Introduction (Page No. - 16)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Study Scope
           1.3.1 Market Scope
           1.3.2 Geographic Scope
           1.3.3 Years Considered for the Study
    1.4 Currency Considered
    1.5 Stakeholders
    1.6 Limitations

2 Research Methodology (Page No. - 20)
    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 Key Industry Insights
                     2.1.2.3 Breakdown of Primaries
    2.2 Factor Analysis
           2.2.1 Introduction
           2.2.2 Demand-Side Analysis
                     2.2.2.1 Growth in the Food Industry
                                    2.2.2.1.1 End-User Applications of Food Encapsulation
                     2.2.2.2 Growing Middle-Class Population, 2009–2030
           2.2.3 Supply-Side Analysis
    2.3 Food Encapsulation Market Size Estimation
    2.4 Market Breakdown & Data Triangulation
    2.5 Market Share Estimation
    2.6 Research Assumptions & Limitations
           2.6.1 Assumptions of the Research Study

3 Executive Summary (Page No. - 30)

4 Premium Insights (Page No. - 34)
    4.1 Opportunities in the Food Encapsulation Market
    4.2 Key Food Encapsulation Markets in 2015
    4.3 Life Cycle Analysis: Food Encapsulation Market, By Region
    4.4 Food Encapsulation Market, By Core Phase, 2016 vs. 2021
    4.5 Asia-Pacific Estimated to Be the Fastest-Growing Market for Food Encapsulation Shell Material
    4.6 Developed vs. Emerging Food Encapsulation Shell Material Markets, 2016 vs. 2021
    4.7 Food Encapsulation Shell Material Market, 2016
    4.8 Food Encapsulation Market, By Technology, 2016

5 Market Overview (Page No. - 41)
    5.1 Introduction
    5.2 Evolution of Encapsulation Techniques
    5.3 Food Encapsulation Market Segmentation
           5.3.1 Food Encapsulation Market, By Shell Material
           5.3.2 Food Encapsulation Market, By Technology
                     5.3.2.1 Physical Process
                     5.3.2.2 Chemical Process
                     5.3.2.3 Physico-Chemical Process
           5.3.3 Food Encapsulation Market, By Core Phase
    5.4 Food Encapsulation Market Dynamics
           5.4.1 Drivers
                     5.4.1.1 Increasing Consumption of Functional Foods
                     5.4.1.2 Growing Demand for Convenience Foods
                                    5.4.1.2.1 Preservation of Core/Active Material: A Key Driving Factor
                     5.4.1.3 Increasing Product Appeal By Improvising Taste, Flavor, and Color
                     5.4.1.4 Innovative Food Encapsulation Technologies Enhance Market Penetration
                                    5.4.1.4.1 Facilitates Controlled Release of Active Ingredients
                     5.4.1.5 Consumer Inclination Towards Fortified Foods is A Major Trend
                     5.4.1.6 Adoption in Niche Applications
           5.4.2 Restraints
                     5.4.2.1 High Costs Hinder Mass Commercialization
                     5.4.2.2 Technological Developments Yet to Find Traction
           5.4.3 Opportunities
                     5.4.3.1 Development of Advanced Technologies to Tap Niche Markets
                                    5.4.3.1.1 Reducing Capsule Size and Increasing Bioavailability
                                    5.4.3.1.2 Multi-Component Delivery System
                     5.4.3.2 Government Support and Rising Economy in Developing Nations
           5.4.4 Challenges
                     5.4.4.1 Maintaining Optimum Physical Stability of Encapsulated Ingredients
                                    5.4.4.1.1 Less Choices in Selecting Food Encapsulating Material
                                    5.4.4.1.2 Legislation Issues in European Market

6 Industry Trends (Page No. - 51)
    6.1 Introduction
    6.2 Industrial Applications of Encapsulation Technologies
    6.3 Emerging Technologies
           6.3.1 Cell Electrospinning
           6.3.2 Bio-Encapsulation
           6.3.3 Electrospinning
           6.3.4 Probiotics Encapsulation
           6.3.5 Multiple Emulsions
           6.3.6 Spray Chilling
    6.4 Value Chain Analysis
    6.5 Supply Chain Analysis
           6.5.1 Prominent Companies
           6.5.2 Small & Medium Enterprises
           6.5.3 End Users (Manufacturers/Consumers)
           6.5.4 Key Influencers
    6.6 Porter’s Five Forces Analysis
           6.6.1 Intensity of Competitive Rivalry
           6.6.2 Bargaining Power of Suppliers
           6.6.3 Bargaining Power of Buyers
           6.6.4 Threat of New Entrants
           6.6.5 Threat of Substitutes

7 Food Encapsulation Market (Page No. - 60)
    7.1 Introduction
    7.2 Total Food Encapsulation Market
           7.2.1 Food Encapsulation Shell Material Market
                     7.2.1.1 Food Encapsulation Shell Material Market, By Type
                     7.2.1.2 Food Encapsulation Shell Material Market, By Core Phase
    7.3 Food Encapsulation Technology Market

8 Food Encapsulation Shell Material Market, By Type (Page No. - 65)
    8.1 Introduction
    8.2 Shell Material Type
           8.2.1 Polysaccharides
           8.2.2 Proteins
           8.2.3 Lipids
           8.2.4 Emulsifiers
           8.2.5 Other Shell Materials

9 Food Encapsulation Shell Material Market, By Core Phase (Page No. - 74)
    9.1 Introduction
    9.2 Core Phase
    9.3 Vitamins
           9.3.1 Rising Application of Vitamins in Functional and Fortified Foods Fuel the Demand for Vitamins
           9.3.2 Fat-Soluble Vitamins
                     9.3.2.1 Vitamin A
                     9.3.2.2 Vitamin D
                     9.3.2.3 Vitamin E
                     9.3.2.4 Vitamin K
           9.3.3 Water-Soluble Vitamins
                     9.3.3.1 Vitamin B Complex
                     9.3.3.2 Vitamin C
           9.3.4 Minerals
           9.3.5 Enzymes
           9.3.6 Phosphatase
           9.3.7 Lipase
           9.3.8 Lactase
    9.4 Organic Acids
           9.4.1 Citric Acid
           9.4.2 Lactic Acid
           9.4.3 Fumaric Acid
           9.4.4 Sorbic Acid
    9.5 Flavors & Essences
           9.5.1 Sweeteners
    9.6 Colors
    9.7 Preservatives
           9.7.1 Probiotics
           9.7.2 Increased Awareness on Health Benefits Makes Probiotics A Key Driver in Functional Foods
           9.7.3 Prebiotics
    9.8 Other Core Phase Materials

10 Food Encapsulation Market, By Technology (Page No. - 88)
     10.1 Introduction
               10.1.1 Physical Process
                           10.1.1.1 Atomization
                                         10.1.1.1.1 Spray Drying
                                         10.1.1.1.2 Spray Chilling
                                         10.1.1.1.3 Spinning Disk
                           10.1.1.2 Extrusion
                           10.1.1.3 Fluid Bed Technique
                           10.1.1.4 Others
               10.1.2 Chemical Process
               10.1.3 Physico-Chemical

11 Food Encapsulation Market, By Region (Page No. - 97)
     11.1 Introduction
     11.2 North America
               11.2.1 U.S.
               11.2.2 Canada
               11.2.3 Mexico
     11.3 Europe
               11.3.1 U.K.
               11.3.2 Germany
               11.3.3 France
               11.3.4 Rest of Europe
     11.4 Asia-Pacific
               11.4.1 China
               11.4.2 Japan
               11.4.3 India
               11.4.4 Rest of APAC
     11.5 Rest of the World (RoW)
               11.5.1 Brazil
               11.5.2 South Africa
               11.5.3 Others in RoW

12 Competitive Landscape (Page No. - 123)
     12.1 Overview
     12.2 Developments By Key Players
     12.3 Competitive Situation & Trends
               12.3.1 Investments & Expansions
               12.3.2 Acquisitions
               12.3.3 New Product Launches
               12.3.4 Agreements, Partnerships, Joint Ventures & Collaborations

13 Company Profiles (Page No. - 128)
     13.1 Introduction
     13.2 Cargill, Incorporated
     13.3 Frieslandcampina Kievit
     13.4 Royal DSM
     13.5 Kerry Group
     13.6 Ingredion Incorporated
     13.7 Lycored Group
     13.8 International Flavors and Fragrances Inc.
     13.9 Symrise AG
     13.10 Sensient Technologies Corporation
     13.11 Balchem Corporation
     13.12 Firmenich Incorporated
     13.13 AVEKA Group

“ * The companies listed are a representative sample of the market’s ecosystem and in no particular order”

14 Appendix (Page No. - 161)
     14.1 Insights of Industry Experts
     14.2 Discussion Guide Food Encapsulation Market
     14.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
     14.4 Introducing RT: Real-Time Market Intelligence
     14.5 Available Customizations
     14.6 Related Reports

List of Tables (69 Tables)

Table 1 Food Encapsulation Market Size, 2014–2021 USD (USD Million)
Table 2 Food Encapsulation Shell Material Market Size, By Type,2014–2021 (USD Million)
Table 3 Food Encapsulation Shell Material Market Size, By Core Phase,2014–2021 (USD Million)
Table 4 Food Encapsulation Technology Market Size, By Process,2014–2021 (USD Million)
Table 5 Food Encapsulation Shell Material Market Size, By Type,2014–2021 (USD Million)
Table 6 Food Encapsulation Shell Material Market Size, By Region,2014–2021 (USD Million)
Table 7 Polysaccharide Food Encapsulation Shell Market Size, By Region,2014–2021 (USD Million)
Table 8 Protein Food Encapsulation Shell Market Size, By Region,2014–2021 (USD Million)
Table 9 Lipid Food Encapsulation Shell Market Size, By Region,2014–2021 (USD Million)
Table 10 Emulsifier Food Encapsulation Shell Market Size, By Region,2014–2021 (USD Million)
Table 11 Other Food Encapsulation Shell Materials Market Size, By Region,2014–2021 (USD Million)
Table 12 Food Core Phase Materials
Table 13 Food Encapsulation Shell Material Market Size, By Core Phase,2014–2021 (USD Million)
Table 14 Food Encapsulation Shell Material Market Size, By Vitamins Core Phase, 2014–2021 (USD Million)
Table 15 Food Encapsulation Shell Material Market Size, By Minerals Core Phase, 2014–2021 (USD Million)
Table 16 Food Encapsulation Shell Material Market Size, By Enzymes Core Phase, 2014–2021 (USD Million)
Table 17 Food Encapsulation Shell Material Market Size, By Organic Acids Core Phase, 2014–2021 (USD Million)
Table 18 Food Encapsulation Shell Material Market Size, By Flavors & Essences Core Phase, 2014–2021 (USD Million)
Table 19 Food Encapsulation Shell Material Market Size, By Sweeteners Core Phase, 2014–2021 (USD Million)
Table 20 Food Encapsulation Shell Material Market Size, By Colors Core Phase, 2014–2021 (USD Million)
Table 21 Food Encapsulation Shell Material Market Size, By Preservatives Core Phase, 2014–2021 (USD Million)
Table 22 Food Encapsulation Shell Material Market Size, By Probiotics Core Phase, 2014–2021 (USD Million)
Table 23 Food Encapsulation Shell Material Market Size, By Prebiotics Core Phase, 2014–2021 (USD Million)
Table 24 Food Encapsulation Technology Market Size, By Process,2014–2021 (USD Million)
Table 25 Food Encapsulation Technology Market Size, By Region,2014–2021 (USD Million)
Table 26 Food Encapsulation Technology Market Size, By Physical Process,2014–2021 (USD Million)
Table 27 Food Encapsulation Technology Market Size, By Atomization Method, 2014–2021 (USD Million)
Table 28 Food Encapsulation Technology Market Size, By Chemical Process, 2014–2021 (USD Million)
Table 29 Food Encapsulation Market Size, By Physico-Chemical Process,2014–2021 (USD Million)
Table 30 North America: Food Encapsulation Shell Material Market Size, By Country, 2014–2021 (USD Million)
Table 31 North America: Food Encapsulation Technology Market Size, By Country, 2014–2021 (USD Million)
Table 32 U.S.: Food Encapsulation Shell Material Market Size, By Type,2014–2021 (USD Million)
Table 33 U.S.: Food Encapsulation Technology Market Size, By Process,2014–2021 (USD Million)
Table 34 Canada: Food Encapsulation Shell Material Market Size, By Type,2014–2021 (USD Million)
Table 35 Canada: Food Encapsulation Technology Market Size, By Process,2014–2021 (USD Million)
Table 36 Mexico: Food Encapsulation Shell Material Market Size, By Type,2014–2021 (USD Million)
Table 37 Mexico: Food Encapsulation Technology Market Size, By Process,2014–2021 (USD Million)
Table 38 Europe: Food Encapsulation Shell Material Market Size, By Country, 2014–2021 (USD Million)
Table 39 Europe: Food Encapsulation Technology Market Size, By Country,2014–2021 (USD Million)
Table 40 U.K. : Food Encapsulation Shell Material Market Size, By Type,2014–2021 (USD Million)
Table 41 U.K.: Food Encapsulation Technology Market Size, By Process,2014–2021 (USD Million)
Table 42 Germany: Food Encapsulation Shell Material Market Size, By Type,2014–2021 (USD Million)
Table 43 Germany: Food Encapsulation Technology Market Size, By Process, 2014–2021 (USD Million)
Table 44 France: Food Encapsulation Shell Material Market Size, By Type,2014–2021 (USD Million)
Table 45 France: Food Encapsulation Technology Market Size, By Process,2014–2021 (USD Million)
Table 46 Rest of Europe: Food Encapsulation Shell Material Market Size, By Type, 2014–2021 (USD Million)
Table 47 Rest of Europe: Food Encapsulation Technology Market Size, By Process, 2014-2021 (USD Million)
Table 48 Asia-Pacific: Food Encapsulation Shell Material Market Size, By Country, 2014–2021 (USD Million)
Table 49 Asia-Pacific: Food Encapsulation Technology Market Size, By Country, 2014–2021 (USD Million)
Table 50 China : Food Encapsulation Shell Material Market Size, By Type,2014–2021 (USD Million)
Table 51 China: Food Encapsulation Technology Market Size, By Process,2014–2021 (USD Million)
Table 52 Japan: Food Encapsulation Shell Material Market Size, By Type,2014–2021 (USD Million)
Table 53 Japan: Food Encapsulation Technology Market Size, By Process,2014–2021 (USD Million)
Table 54 India: Food Encapsulation Shell Material Market Size, By Type,2014–2021 (USD Million)
Table 55 India: Food Encapsulation Technology Market Size, By Process,2014–2021 (USD Million)
Table 56 Rest of APAC: Food Encapsulation Shell Material Market Size, By Type, 2014–2021 (USD Million)
Table 57 Rest of APAC: Food Encapsulation Technology Market Size, By Process, 2014-2021 (USD Million)
Table 58 RoW: Food Encapsulation Shell Material Market Size, By Country,2014–2021 (USD Million)
Table 59 RoW: Food Encapsulation Technology Market Size, By Country,2014–2021 (USD Million)
Table 60 Brazil: Food Encapsulation Shell Material Market Size, By Type,2014–2021 (USD Million)
Table 61 Brazil: Food Encapsulation Technology Market Size, By Process,2014–2021 (USD Million)
Table 62 South Africa: Food Encapsulation Shell Material Market Size, By Type, 2014–2021 (USD Million)
Table 63 South Africa: Food Encapsulation Technology Market Size, By Process, 2014–2021 (USD Million)
Table 64 Other in RoW: Food Encapsulation Shell Material Market Size, By Type, 2014–2021 (USD Million)
Table 65 Other in RoW: Food Encapsulation Technology Market Size, By Process, 2014–2021 (USD Million)
Table 66 Food Encapsulation Market : Investments & Expansions
Table 67 Food Encapsulation Market : Mergers & Acquisitions
Table 68 Food Encapsulation Market : New Product Launches
Table 69 Agreements, Partnerships, Joint Ventures, & Collaborations, 2010–2015
 
 
List of Figures (57 Figures)
 
Figure 1 Food Encapsulation Market Segmentation
Figure 2 Food Encapsulation Market: Research Design
Figure 3 Middle-Class Population in Asia-Pacific is Projected to Grow & Account for the Largest Share in the Global Market By 2030
Figure 4 Food Encapsulation Market Size Estimation Methodology: Bottom-Up Approach
Figure 5 Food Encapsulation Market Size Estimation Methodology: Top-Down Approach
Figure 6 Food Encapsulation Market : Data Triangulation Methodology
Figure 7 Food Encapsulation Market : Assumption of the Research Study
Figure 8 Food Encapsulation Technology Market Snapshot (2016 vs. 2021)
Figure 9 U.S. Dominated the Food Encapsulation Market in North America,2016–2021 (USD Million)
Figure 10 Polysaccharides are Highly Favored By the Food Industry for Encapsulation
Figure 11 Food Encapsulation Market Share (Value), By Region, 2015
Figure 12 Demand for Functional Food & Technological Innovations to Drive the Growth of the Food Encapsulation Market
Figure 13 Emerging Markets to Drive the Growth of the Food Encapsulation Industry
Figure 14 Asia-Pacific is Projected to Grow at A Faster Rate in the Food Encapsulation Market, 2016 to 2021
Figure 15 Cornforth America Oil to Record High Growth Amongst Flavors and Essence Core Phase Between 2016 & 2021
Figure 16 Polysaccharides is Estimated to Account for the Largest Share in the Food Encapsulation Shell Material Market in Asia-Pacific, 2016
Figure 17 China & India are Estimated to Be the Most Attractive Markets for Food Encapsulation Shell Materials
Figure 18 Polysaccharide Shell Material Estimated to Be the Largest Food Encapsulation Market in North America, 2016
Figure 19 Market for Physico-Chemical Was Estimated to Be the Largest Market in Food Encapsulation Technology Market, 2016
Figure 20 Evolution of Food Encapsulation Market
Figure 21 Food Encapsulation Market Dynamics
Figure 22 Applications of Encapsulation Technologies
Figure 23 Processing Segment Contributes A Major Value to the Overall Price of Food Encapsulation
Figure 24 Research Organizations & Technologists: Integral Part of the Supply Chain in the Food Encapsulation Market
Figure 25 Porter’s Five Forces Analysis: Food Encapsulation Market
Figure 26 Food Encapsulation Market: Snapshot
Figure 27 Food Encapsulation Shell Material Types
Figure 28 North America to Be the Largest Market in the Polysaccharide Segment, 2016–2021 (USD Million)
Figure 29 Emulsifiers to Be the Fastest-Growing Market for Shell Material,2016 vs. 2021
Figure 30 Higher Adoption of Vitamins as A Core Material for Food Encapsulation Due to the Numerous Health Benefits
Figure 31 Malic & Fumaric Organic Acids are Projected to Be the Fastest-Growing Core Phase Materials Through 2016–2021
Figure 32 Food Encapsulation Technology
Figure 33 Market Players to Adopt Physico-Chemical Processes in the Food Encapsulation Technology Market, 2014–2021
Figure 34 Coacervation: A Widely Adopted Physico-Chemical Process for Food Encapsulation (2016 vs. 2021)
Figure 35 India to Be the Fastest-Growing Food Encapsulation Market From2016 to 2021
Figure 36 Growing Demand for Functional Food & Beverages and Convenience Foods Drive the Food Encapsulation Market in North America
Figure 37 U.K. to Be the Fastest Growing Country for Food Encapsulation Market in Europe (2016 to 2021)
Figure 38 Expansion of Facilities By Major Players Enhances the Growth of the Food Encapsulation Market in Asia-Pacific
Figure 39 Expansions & Investments Was Preferred By Key Players of Food Encapsulation Market From 2010 to 2015
Figure 40 Expansions & Investments, Key Strategies Preferred By the Major Players of Food Encapsulation Market, 2011–2014
Figure 41 Investments & Expansions Fueled Growth of the Food Encapsulation Market Between 2011 and 2015
Figure 42 Geographical Revenue Mix of Top Five Players of Food Encapsulation Market
Figure 43 Cargill, Incorporated: Company Snapshot
Figure 44 Cargill Inc.: SWOT Analysis
Figure 45 Frieslandcampina Kievit: Company Snapshot
Figure 46 Frieslandcampina Kievit.: SWOT Analysis
Figure 47 Royal DSM: Company Snapshot
Figure 48 Royal DSM: SWOT Analysis
Figure 49 Kerry Group: Company Snapshot
Figure 50 Kerry Group: SWOT Analysis
Figure 51 Ingredion Incorporated: Company Snapshot
Figure 52 Ingredion Inc.: SWOT Analysis
Figure 53 ADAMA.: Company Snapshot
Figure 54 International Flavors & Fragrances Inc.: Company Snapshot
Figure 55 Symrise AG: Company Snapshot
Figure 56 Sensient Technologies Corporation: Company Snapshot
Figure 57 Balchem Corporation: Company Snapshot

The food encapsulation market size is projected to reach USD 41.74 Billion by 2021, at a CAGR of around 6.0% from 2016. The food encapsulation market is driven by its increasing consumption of functional foods, growing demand for convenience foods, and increasing product appeal by improvising taste, flavor, and color. The innovative food encapsulation technologies enabling market penetration, consumers’ inclination toward the fortified foods, and adoption of encapsulation in niche applications also drive food encapsulation market.

The food encapsulation market, based on shell material, is segmented into polysaccharides, proteins, lipids, emulsifiers, and others. Lipids and emulsifier shell materials are the fastest-growing segments in this market. The commercialized lipid excipients such as fatty acids, glycerides, polyoxyehtylene glycol derivatives, ethoxylated glycerides, and polyalcohol fatty acid esters have created a large platform for the lipid-based formulation designs.

The food encapsulation market, based on technology, is segmented into physical, chemical, and physico-chemical technologies. The physical process was the largest segment in 2015, and the physico-chemical process segment is projected to grow at highest CAGR in the forecast period. The food encapsulation market by core phase is further segmented into vitamins, minerals, enzymes, organic acids, probiotics, sweeteners, preservatives, essential oils, prebiotics, colors, flavors & essences, and others. The vitamins and flavors & essence core phases are the fastest-growing markets for food encapsulation owing to their wide usage in functional food which is currently growing at a faster rate in the food sector.

The food encapsulation market was dominated by the North American region in 2015. The R&D investments and the growing awareness about the health-based diets which flooded the U.S. market have been driving the food encapsulation market in this region. Asia-Pacific is projected to be the fastest-growing region for the food encapsulation market for the next five years due to the progressing economy.

High cost of encapsulation technology has been hindering the mass commercialization. This retained some of the manufacturers to stick to the traditional preservation techniques. Also, the technological development is yet to take traction as the consumers do not compromise on the quality, taste, and nutritional composition of products which are modified due to technological adaptations.

Few of the major players of the food encapsulation industry are Ingredion Incorporated (U.S.), Sensient Technologies (U.S.), Symrise AG (Germany), International Flavors and Fragrance (U.S.), and Balchem (U.S.) in 2015. Sensient Technologies (U.S.) expanded its palm-free natural colors and ‘Cargdea’ range colors by pan coating and advanced encapsulation technologies in 2013. The company also expanded its operations to South Africa by establishing the Sensient Colors business unit. This facility is a sole international color supplier in South Africa.

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