Microcapsule Market Report

Market Insights

Microcapsule is basically a tiny capsule that contains material like adhesive or medicine inside it. This material is released when the capsule is broken, dissolved, or melted. These are extensively utilized in the pharmaceutical industry to treat various diseases and in the food industry for the encapsulation of food flavors, vitamins, and other food additives.

Increasing demand from the end-use industries, such as food and pharmaceutical & healthcare industries, in emerging economies is likely to drive market growth during the forecast period. Further, ongoing R&D activities to enhance the final formulation and performance of these encapsulated ingredients are expected to accelerate overall industry growth in the coming years. Overall, the microcapsule market is likely to rebound at a promising CAGR of 8.6% in the long run. 

Segments' Analysis

Technology Type

The market is segmented into spray technologies, emulsion technologies, dripping technologies, and others. Spray technologies are estimated to hold the largest share of the market during the forecast period. This can be attributed to their extensive utilization in the food industry owing to their ease of use and flexible features.

End-Use Industry Type

The market is segmented into pharmaceuticals & healthcare, food, household & personal care, textiles, agrochemicals, and others. Pharmaceuticals & healthcare is expected to be the dominant end-use industry types in the market during the forecast period. Its dominance can be attributed to the increasing usage of microcapsules in the pharmaceutical & healthcare industries for numerous applications, such as taste-making and controlled release of drugs, fueling the segments’ growth over the forecast period.

Regional Analysis

North America is estimated to dominate the market during the forecast period. Factors such as rising demand and increasing awareness among consumers regarding value-added products in food, nutrition, healthcare, and personal care areas are expected to drive regional market growth over the forecast period.

The microcapsule market is segmented into the following categories:

By Technology Type

• Spray Technologies (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Emulsion Technologies (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Dripping Technologies (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

By End-Use Industry Type

• Pharmaceuticals & Healthcare
  • (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
  • (Type Analysis: Controlled Release, Specific Drug Delivery, and Taste Making)
• Food
  • (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
  • (Type Analysis: Probiotics, Antioxidants, Vitamins, Food Colorants, and Food Flavors)
• Household & Personal Care
  • (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
  • (Type Analysis: Essential Oils, Polyphenolic Compounds, and Fragrances and Perfumes)
• Textiles
  • (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
  • (Type Analysis: Thermochromic Materials, Fragrance Finishing, Fire Retardants, Waterproofing, Softeners and Antistatic Compounds, and Detergent Additives)
• Agrochemicals (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

By Shell Material Type

• Melamine Formaldehyde (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Carbohydrates (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Gums & Resins (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Other Polymers (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Lipids (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Proteins (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

By Core Material Type

• Pharmaceutical & Healthcare Drugs (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Food Additives (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Fragrances (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Agricultural Inputs (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Phase Change Materials (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

By Region

• North America (Country Analysis: The USA, Canada, and Mexico)
• Europe (Country Analysis: Germany, France, The UK, Spain, Italy, and Rest of Europe)
• Asia-Pacific (Country Analysis: China, India, Japan, South Korea, Malaysia, Indonesia, and the Rest of Asia-Pacific)
• Rest of the World (Country Analysis: Brazil, Argentina, South Africa, and Others)

Key Players

The market is highly populated, with the presence of several local, regional, and global players. Most of the major players compete in some of the governing factors, including price, product offerings, regional presence, etc. The following are the key players in the microcapsule market. Most of the major players are providing complete profile systems including profile seals.

• International Flavors & Fragrances
• BASF SE
• Koninklijke DSM N.V.
• Symrise AG
• Givaudan
• Royal FrieslandCampina N.V.
• Syngenta Crop Protection AG
• Sensient Technologies Corporation
• LycoRed Corp.
• Koehler Innovative Solutions

Research Methodology

This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s microcapsule market realities and future market possibilities for the forecast period. The report segments and analyzes the market in the most detailed manner in order to provide a panoramic view of the market.

The vital data/information provided in the report can play a crucial role for market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate growth strategies to expedite their growth process.

This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.

More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data. We conducted more than 15 detailed primary interviews with market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

• Market structure: Overview, industry life cycle analysis, supply chain analysis.
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
• Market trend and forecast analysis.
• Market segment trend and forecast.
• Competitive landscape and dynamics: Market share, Product portfolio, New Product Launches, etc.
• COVID-19 impact and its recovery curve.
• Attractive market segments and associated growth opportunities.
• Emerging trends.
• Strategic growth opportunities for existing and new players.
• Key success factors.

Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

• Detailed profiling of additional market players (up to three players)
• SWOT analysis of key players (up to three players)

Competitive Benchmarking

• Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com