With increase in demands for functional or health enhancing convenience foods, due to increased health awareness globally, food encapsulation has seen numerous developments in the recent years. Rapid growth is expected in food categories such as microwavable foods, convenience foods and fortified foods. U.S. presently holds the largest market share with steady but slower growth rates, compared to Europe and Asia. European market is expected to grow in the coming years. Emerging economies such as China and India are expected to show higher growth in the coming years.
The global Food Encapsulation market is driven by factors such as increased shelf life and enhanced bioavailability offered by food encapsulation technologies. The factors inhibiting growth of the market are the higher cost of food encapsulation technologies and relatively lower technological advances. The market has growth opportunities with consumers increasing demand for fresh flavorsome food products.
The global food encapsulation market is estimated to be $35.4 billion by 2014, growing at a CAGR of 6.9 % from 2009 to 2014. The markets for food encapsulation technology, ingredients and packaging are expected to grow at a CAGR of 7.7%, 6.2% and 4.1% respectively. Some of the key players in this market are Nestl, Unilever and Cargill.
Market estimates and forecast
The report provides in-depth market estimates and forecasts for the global food encapsulation market. The segmentation is as follows:
Food encapsulation technology
Microencapsulation, nanoencapsulation, hybrid technologies and macro encapsulation
Food encapsulation ingredients
Vitamins, minerals, enzymes, organic acids, probiotics, sweeteners, preservatives, essential oils, probiotics, colors, flavor and essence and others
Oxidation stability, Color masking, Flavor stabilization and Taste masking
Each section will provide market data, market drivers, trends and opportunities, top-selling products, key players, and competitive outlook. This report will also provide more than 100 market tables for various geographic regions covering the sub-segments and micro-markets. In addition, the report also provides more than 35 company profiles for each of its sub-segments.
