Microencapsulation Market Size and Demand by 2026

 According to the current analysis of Reports and Data, the global Microencapsulation market was valued at USD 6.78 billion in 2018 and is expected to reach USD 14.40 billion by the year 2026, at a CAGR of 9.8%. Microencapsulation is a process in which active ingredients are coated with extremely small capsules. This technology has been used in the cosmetics industry, the pharmaceutical, agrochemical, and food industries, in flavors, acids, oils, vitamins, microorganisms, among others. The market is driven by the increasing prevalence of chronic target diseases, rising demand in the pharmaceutical industry, increased demand for supplementary products, and more efficient physiological action. Increasing chronic diseases such as cancer, hypertension, and other CVS diseases is expected to fuel market growth. 

Get a sample of the report https://www.reportsanddata.com/download-free-sample/2295

Top Leading Players: BASF, Royal Frieslandcampina, Syngenta Crop Protection, Koninklijke DSM, Givaudan, International Flavors & Fragrances, Symrise, Sensient Technologies, Lycored Corp., and Koehler Innovative Solutions

Further key findings from the report suggest:

  • During 2019-2026, microencapsulation market is expected to register a CAGR of 11.2% in Asia Pacific; followed by North America and Europe, with 9.7% and 9.5% CAGR, respectively. High prevalence of chronic target diseases across the globe is the major factor driving the market during the forecast period across all regions.
  • The physical methods segment dominates the market with highest market share in the year 2018. It is estimated to grow at a CAGR of 10.1% during the forecast period to reach USD 6.29 billion by 2026
  • Based on application segment, the pharmaceutical & healthcare is expected to account for the CAGR 10.2% of the global microencapsulation market, as increased demand of masking the odor and taste of the molecule used and to provide sustained release effect
  • Asia Pacific is expected to account for the CAGR 11.2% of the global microencapsulation market. Developing nations such China, and India are likely to witness high growth due to high prevalence of target diseases, increased healthcare expenditure and high demand of fertilizers in agriculture application segment
  • Based on coating material polymers dominate the total market share of microencapsulation, as the polymer provide even and better coating to the granules of core material and is chemically instable

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