The Global Microencapsulation Market is expected to surge at an exceptional CAGR of 11.22%, surpassing the value of USD 212,761.2 million during the forecast period (2017-2023). Extensive use in various industries such as pharmaceutical & healthcare products, food & beverages, household & personal care products to enhance product functionality fuels the market growth. The market players serve the urge to respond to these new opportunities by expanding their global presence and services. Moreover, shifting focus towards healthier lifestyle and changing dietary preference marks the market expansion in the region.
Request a Free Sample Now @ https://www.marketresearchfuture.com/sample_request/5020
The key players in the global micro-encapsulation market include Symrise AG (Germany), Balchem Corp. (U.S.), Syngenta AG (Switzerland), BASF SE (Germany) and LycoRed Ltd. (Israel) and others.
By region, the Global Microencapsulation Market is segmented based on North America, Europe, Asia Pacific, Latin America and Middle East & Africa. Globally the North American region has the upper hand and dominates the global market. The region is projected to surge at a CAGR of 10.86% during the forecast period. The growing awareness along with demand for fortified food products, growing demand from the pharmaceutical industry for numerous applications, and the advent of new technologies have driven the market growth in the region.
The global micro-encapsulation market is segmented based on technology, coating material, and application. By technology, the market is segmented based on atomization, liposome entrapment, spray, and pan coating. By coating material, the market is segmented based on polysaccharides, proteins, lipids, and resins. Various applications in the global micro-encapsulation market are home and personal care, agriculture, pharmaceuticals & healthcare and industrial & chemical.
Access Full Report @ https://www.marketresearchfuture.com/reports/micro-encapsulation-market-5020
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
To stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
Contact:
Market Research Future
Phone: +16468459312
Email: sales@marketresearchfuture.com
