Description
North America and Europe Microencapsulated Ingredients Market By Application (Pharmaceuticals and Healthcare Products, Food and Beverages, Household and Personal Care Products, Agrochemicals, Construction Materials, Textiles and Others); By Ingredients (Pigments, Vitamins, UV Filters, Skin lightning Components, Active Ingredients, Essential Oils and Anti-Aging Components); By Technology (Spray Technologies, Emulsion Technologies, Dripping Technologies and Other Technologies) and Region –Analysis of Market Size, Share and Trends for 2014 – 2019 and Forecasts to 2030.
Product Overview
Microcapsules are tiny capsules, containing ingredients or materials released when the capsules are broken, melted, or dissolved. The microencapsulation system facilitates the encapsulation of compounds within a microsphere or a microcapsule. Microencapsulation is achieved by a chemical process known as cross-linking of the interfaces. The small bifunctional monomer comprising active hydrogen atoms is replaced by a biologically sourced polymer, such as protein, in the interfacial cross-linking process.
Market Highlights
North America And Europe Microencapsulated Ingredients Market size was registered at USD XX billion in 2019 and is estimated to reach USD XX billion by 2030, registering a CAGR of XX% from 2020 to 2030. With the growth in demand for functional and fortified food as well as pharmaceutical products, demand for microencapsulation also increases.
North America And Europe Microencapsulated Ingredients Market: Segments
North America And Europe Microencapsulated Ingredients Market is segmented on the basis of ingredients, application, technology and region.
By ingredients (in %), North America And Europe Microencapsulated Ingredients Market, 2019
The UV Filter segment is anticipated to register XX% of the market share during the forecasted period.
By ingredients, it is categorized into Pigments, Vitamins, UV Filters, Skin lightning components, Active ingredients, Essential oils and Anti-aging components.
Encapsulated UV filters are used to avoid the direct interaction of the skin with the UV rays, which in turn protects skin from sunburn, photal aging and skin cancer. The increase in demand for encapsulated UV filters is attributed to the rise in temperature in economies such as Canada, Germany, France and Sweden; which is expected to drive the growth of the microencapsulated ingredients market in North America & Europe as a whole.
North America And Europe Microencapsulated Ingredients Market Dynamics:
Demand for fortified foods and pharmaceutical products to drive the growth of the market
With the growth in demand for functional and fortified food as well as pharmaceutical products, demand for microencapsulation also increases. It includes the incorporation of minerals, vitamins, spices, essential oils and other additives into food products to improve product functionality.
High cost of resources for research and development to hinder the market growth
Continuous research and development are required in the Microencapsulated ingredients Market to maintain its position in the industry. The high cost of the resources used for research, along with the processing technology, is expected to hinder the growth of the market.
North America And Europe Microencapsulated Ingredients Market: Regions
In terms of value and volume, North America and Europe accounted for XX% of total market volume share in 2019
Technological advancements in nations like Canada, France, Germany and Mexico has resulted to an increase in demand of the microencapsulated products which is driving the growth of the industry significantly. The growth in demand for functional and fortified food as well as pharmaceutical products has increased opportunities for the market growth.
North America And Europe Microencapsulated Ingredients Market: Competitive landscape
Some factors that improve the role in the market of the key players within the Microencapsulated Ingredients market have been the diversified ingredients range, research and developments in the field, the continuous execution of corporate strategy and planning and scientific advancements.
· North America And Europe Microencapsulated Ingredients Market: Key players
• Air Liquide
o Company Overview
o Business Strategy
o Key Product Offerings
o Financial Performance
o Key Performance Indicators
o Risk Analysis
o Recent Development
o Regional Presence
o SWOT Analysis
• Ashland Inc.
• BASF SE
• Croda International PLC
• Clariant AG
• Euracli
• Koehler
• Givaudan SA
• International Flavors & Fragrances
• Other prominent players
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· The North America And Europe Microencapsulated Ingredients Market report also contains analysis on:
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• North America And Europe Microencapsulated Ingredients Market segments: –
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• By ingredients:
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o Pigments
o Vitamins
o UV Filters
o Skin lightning components
o Active ingredients
o Essential oils
o Anti-aging components
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• By Application:
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o Pharmaceuticals and healthcare products
o Food and beverages
o Household and personal care products
o Agrochemicals
o Construction materials
o Textiles
o Others
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• By technology:
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o Spray technologies
o Emulsion technologies
o Dripping technologies
o Other technologies
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• North America And Europe Microencapsulated Ingredients Market dynamics
• North America And Europe Microencapsulated Ingredients Market size
• Supply & Demand
• Current Trends/Issues/Challenges
• Competition & Companies Involved in the Market
• Value Chain of the Market
• Market Drivers and Restraints
