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Microencapsulation Market is expected to reach 10.76 Billion USD by 2022

The global market for microencapsulation has grown exponentially in the last few years. The market size is projected to reach USD 10.76 Billion by 2022, growing at a CAGR of around 11.4% from 2017 to 2022. Emerging markets such as India, China, Japan, Brazil, and Argentina are the primary targets of the industry.

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Microencapsulation Market is expected to reach 10.76 Billion USD by 2022

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  1. MarketsandMarketsPresents Microencapsulation Market is expected to reach 10.76 Billion USD by 2022

  2. The report "Microencapsulation Market by Technology (Spray, Emulsion, Dripping), Core Material (Pharmaceutical & Healthcare Drugs, Food Additives), Application (Pharmaceuticals, Food & Beverages), Shell material, and Region - Global Forecast to 2022", The microencapsulation market, in terms of value, is projected to reach USD 10.76 Billion by 2022 from USD 5.71 Billion in 2016, at a CAGR of 11.4% from 2017 to 2022. Browse: 83 Market Data Tables 37 Figures  176 Pages and in-depth TOC on “Microencapsulation Market” You can speak to our analyst @ http://www.marketsandmarkets.com/speaktoanalyst.asp?id=83597438

  3. The global market for microencapsulation has grown exponentially in the last few years. The market size is projected to reach USD 10.76 Billion by 2022, growing at a CAGR of around 11.4% from 2017 to 2022. Emerging markets such as India, China, Japan, Brazil, and Argentina are the primary targets of the industry. Factors such as the growing awareness and demand for fortified food products, increasing demand from the pharmaceutical industry for various applications, and the emergence of new technologies are the major factors driving this market. Moreover, achieving enhanced product functionality by microencapsulation helped to drive the microencapsulation industry. The development of microencapsulated materials is at times customized, and at times is required to be carried out at an industrial scale instead of a pilot scale. This increases the processing cost of the product and ultimately leads to an increase in the product cost, which restrains the market growth. The market is dominated by players such as BASF SE (Germany), Syngenta Crop Protection AG (Switzerland), Royal FrieslandCampina N.V. (Netherlands), Koninklijke DSM N.V. (Netherlands), Givaudan SA (Switzerland), Firmenich SA (Switzerland), and Symrise AG (Germany). Other major players in the market include International Flavors & Fragrances Inc. (US), Lycored Corp. (UK), Sensient Technologies Corporation (US), Koehler Innovative Solutions (Germany), Balchem Corporation (US), and Synthite Industries Ltd. (India).

  4. Scope of the report This research report categorizes the microencapsulation market based on application, technology, core material, shell material, and region. Based on Application, the market has been segmented as follows: • Pharmaceutical & healthcare products • Food & beverages • Household & personal care products • Agrochemicals • Construction materials • Textiles • Others (energy, defense, and paper & printing) Based on Technology, the market has been segmented as follows: • Spray technologies • Emulsion technologies • Dripping   • Others (coating, physico-chemical, and chemical technologies)

  5. Based on Core Material, the market has been segmented as follows: • Pharmaceutical & healthcare drugs • Food additives • Fragrances • Agricultural inputs • Phase change materials • Others (construction chemicals, inks, energy molecules, and household & personal care products) Based on Shell Material, the market has been segmented as follows: • Polymers • Gums & resins • Lipids • Carbohydrates • Proteins Based on Region, the market has been segmented as follows: • North America • Europe • Asia Pacific • RoW (South America and the Middle East & Africa)

  6. Target Audience: • R&D institutes • Technology providers • Microencapsulation product providers • Intermediary suppliers • Wholesalers • Shell and core material suppliers • Regulatory bodies • Dealers • Consumers • End users (food & beverage, pharmaceutical, agrochemical, textile, and personal care products manufacturers) • Retailers

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  8. About MarketsandMarkets MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

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