Microencapsulation Market

Microencapsulation Market

Microencapsulation Market Forecasts to 2030 - Global Analysis By Technology (Chemical Technologies, Coating, Dripping and Other Technologies), Coating Material (Gelatin, Cellulose Acetate Phthalate, Ethyl Cellulose, Polyvinyl alcohol and Other Coating Materials), Shell Material, Application and By Geography

4.3 (46 reviews)
4.3 (46 reviews)
Published: 2023 ID: SMRC23653

This report covers the impact of COVID-19 on this global market

Years Covered


Estimated Year Value (2023)

US $9.71 BN

Projected Year Value (2030)

US $15.31 BN

CAGR (2023 - 2030)


Regions Covered

North America, Europe, Asia Pacific, South America, and Middle East & Africa

Countries Covered

US, Canada, Mexico, Germany, UK, Italy, France, Spain, Japan, China, India, Australia, New Zealand, South Korea, Rest of Asia Pacific, South America, Argentina, Brazil, Chile, Middle East & Africa, Saudi Arabia, UAE, Qatar, and South Africa

Largest Market

North America

Highest Growing Market

Asia Pacific

According to Stratistics MRC, the Global Microencapsulation Market is accounted for $9.71 billion in 2023 and is expected to reach $15.31 billion by 2030 growing at a CAGR of 6.7% during the forecast period. The complex process of microencapsulation involves creating organic or inorganic shells that hold and protect active substance particles from the environment. Many products need to have their active ingredients encapsulated for better stability. Microencapsulation is an essential commercial technology that enables the protection and controlled release of numerous active compounds. Additionally, microencapsulation enhances drug delivery and is used in a variety of cutting-edge medication organization techniques.

According to the United Nations Department of Economic and Social Affairs, nearly 56% of the world's population lives in cities as of 2019. This proportion is expected to rise to 68% by 2050.

Market Dynamics:


Increasing consumer demand for functional foods

In the health and wellness community, functional foods have become more popular in recent years. They are rich in nutrients and offer a variety of health advantages. The demand for functional food is primarily driven by factors like growing consumer awareness of micronutrient deficiencies, a growing need to combat malnutrition, and rising health concerns accompanied by an increase in disease occurrences. Furthermore, increasing consumer disposable income is anticipated to fuel demand for functional foods, boosting the microencapsulation market.


Rivalry for essential raw materials

Despite the widespread adoption of microencapsulation technology by industry players, ongoing R&D is necessary to remain competitive. The slow growth of the market is being hampered by the high cost of R&D resources and processing technology. It is occasionally necessary to carry out the development of microencapsulated material on an industrial scale rather than a pilot scale. This raises the cost of processing products, which ultimately raises the price of those products.


Growing demand for technology

Due to the growing demand for microencapsulated products, many businesses are investing heavily in R&D, which has significantly aided the industry's growth. To reach niche markets like the use of PCMs in energy applications and the delivery of medicines specifically for cancer and brain tumors, new microencapsulation technologies are required. Therefore, it is anticipated that the market will benefit from these developments.


Regulatory challenges & limited scalability

Microencapsulation may require different regulatory approvals and requirements depending on the application and materials used. These legal requirements may require a lot of time and money. In order to increase production to meet broader market demands, microencapsulation techniques may also encounter difficulties. Additionally, it can be challenging to maintain consistent quality and performance at larger production scales, which could limit the market.

Covid-19 Impact

The COVID-19 pandemic has resulted in declining sales and demand for microencapsulation in the agrochemicals, personal care, and other industrial sectors. As a result, manufacturers in sectors like agrochemicals and home and personal care are having trouble obtaining raw materials. Since the outbreak, many nations have also banned or delayed imports and exports, posing difficulties for producers and merchants.

The pharmaceutical and healthcare segment is expected to be the largest during the forecast period

The pharmaceutical and healthcare segment is anticipated to hold the largest market share during the forecast period. For controlled medication delivery, microencapsulation is frequently used in the pharmaceutical and healthcare sectors. Pharmaceutical companies frequently employ microencapsulation technology to control the distribution of medications, enable targeted delivery, and mask the unpleasant tastes or odors of pharmaceuticals. Furthermore, the pharmaceutical industry is increasingly in need of microencapsulated biomolecules because of attributes like tailored action.

The spray technology segment is expected to have the highest CAGR during the forecast period

The spray technology segment is predicted to grow at a profitable rate during the forecast period. Due to its high throughput, the segment is driven by its suitability for extensive industrial processes. Another factor influencing the uptake of spray technology is its adaptability to produce a wide range of particle sizes. Additionally, it is favored in many industries because it provides advantages like controlled drying and effective encapsulation.

Region with largest share:

North America is predicted to maintain its market dominance throughout the forecast period after dominating the market in 2021. This is a result of the high item interest for pharmaceutical, nutritive, and revitalizing applications. Due to the procedure's extensive penetration of the pharmaceutical and human services industries in this region, the U.S. dominated the market in North America. To supplement the growth over the anticipated period, advancements in the material business that integrate innovation for improvement in product quality are further fueling the market.

Region with highest CAGR:

Due to anticipated growth in demand from the food and beverage industry, the Asia Pacific region is anticipated to have the highest growth rate during the forecast period. The development of the Asia-Pacific healthcare industry has depended heavily on supportive government initiatives to promote FDI in the pharmaceutical sector in China and India. Technology advancements, emerging economies, and the region's quick industrialization are additional factors responsible for the product growth in the Asia Pacific region.

Key players in the market

Some of the key players profiled in the Microencapsulation Market include 3M, AVEKA Group, Balchem Corp., BASF SE, Bayer AG, Capsulae, Cargill Incorporated, DuPont de Nemours Inc., Encapsys LLC, Evonik Industries AG, GAT Microencapsulation GmbH, Givaudan SA, Inno Bio Limited, International Flavors & Fragrances Inc., Koehler Innovative Solutions, Koninklijke DSM N.V., LycoRed Ltd., Microtek Laboratories, Inc., Reed Pacific Pty Ltd., Ronald T. Dodge Co., Royal Friesland Campina N.V., Symrise AG, Syngenta AG, Syngenta Group and TasteTech Ltd.

Key Developments:

In May 2023, 3M is expanding its ongoing commitment to materials science-based climate tech solutions by working with Svante Technologies, Inc. (Svante) to develop material that can trap carbon dioxide (CO2) found in the atmosphere and permanently remove it.

In August 2022, Balchem Corporation is excited to announce the acquisition of Cardinal Associates Inc., operating as “Bergstrom Nutrition,” a leading science-based manufacturer of methylsulfonylmethane (MSM), based in Vancouver, Washington.

In June 2022, Balchem Corporation announced that it completed its acquisition of Kappa Bioscience AS, a leading science-based manufacturer of specialty vitamin K2 for the human nutrition industry, headquartered in Oslo, Norway.

Technologies Covered:
• Chemical Technologies
• Coating
• Dripping
• Emulsion
• Physico-Chemical
• Spray Technology
• Other Technologies

Coating Materials Covered:
• Gelatin
• Cellulose Acetate Phthalate
• Ethyl Cellulose
• Polyvinyl alcohol
• Other Coating Materials

Shell Materials Covered:
• Polymers
• Carbohydrates
• Gums and Resins
• Lipids
• Proteins

Applications Covered:
• Agrochemicals
• Construction
• Cosmetics
• Food and Beverages
• Household and Personal Care
• Paper and Printing
• Pharmaceutical and Healthcare
• Textiles
• Other applications

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2021, 2022, 2023, 2026 and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions

3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Technology Analysis
3.7 Application Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19

4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry

5 Global Microencapsulation Market, By Technology
5.1 Introduction
5.2 Chemical Technologies
5.3 Coating
5.4 Dripping
5.5 Emulsion
5.6 Physico-Chemical
5.7 Spray technology
5.8 Other Technologies

6 Global Microencapsulation Market, By Coating Material
6.1 Introduction
6.2 Gelatin
6.3 Cellulose Acetate Phthalate
6.4 Ethyl Cellulose
6.5 Polyvinyl alcohol
6.6 Other Coating Materials

7 Global Microencapsulation Market, By Shell Material
7.1 Introduction
7.2 Polymers
7.3 Carbohydrates
7.4 Gums and Resins
7.5 Lipids
7.6 Proteins

8 Global Microencapsulation Market, By Application
8.1 Introduction
8.2 Agrochemicals
8.3 Construction
8.4 Cosmetics
8.5 Food and Beverages
8.6 Household and Personal Care
8.7 Paper and Printing
8.8 Pharmaceutical and Healthcare
8.9 Textiles
8.10 Other applications

9 Global Microencapsulation Market, By Geography
9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 Germany
9.3.2 UK
9.3.3 Italy
9.3.4 France
9.3.5 Spain
9.3.6 Rest of Europe
9.4 Asia Pacific
9.4.1 Japan
9.4.2 China
9.4.3 India
9.4.4 Australia
9.4.5 New Zealand
9.4.6 South Korea
9.4.7 Rest of Asia Pacific
9.5 South America
9.5.1 Argentina
9.5.2 Brazil
9.5.3 Chile
9.5.4 Rest of South America
9.6 Middle East & Africa
9.6.1 Saudi Arabia
9.6.2 UAE
9.6.3 Qatar
9.6.4 South Africa
9.6.5 Rest of Middle East & Africa

10 Key Developments
10.1 Agreements, Partnerships, Collaborations and Joint Ventures
10.2 Acquisitions & Mergers
10.3 New Product Launch
10.4 Expansions
10.5 Other Key Strategies

11 Company Profiling
11.1 3M
11.2 AVEKA Group
11.3 Balchem Corp.
11.4 BASF SE
11.5 Bayer AG
11.6 Capsulae
11.7 Cargill Incorporated
11.8 DuPont de Nemours Inc.
11.9 Encapsys LLC
11.10 Evonik Industries AG
11.11 GAT Microencapsulation GmbH
11.12 Givaudan SA
11.13 Inno Bio Limited
11.14 International Flavors & Fragrances Inc.
11.15 Koehler Innovative Solutions
11.16 Koninklijke DSM N.V.
11.17 LycoRed Ltd.
11.18 Microtek Laboratories, Inc.
11.19 Reed Pacific Pty Ltd.
11.20 Ronald T. Dodge Co.
11.21 Royal Friesland Campina N.V.
11.22 Symrise AG
11.23 Syngenta AG
11.24 Syngenta Group
11.25 TasteTech Ltd.

List of Tables
1 Global Microencapsulation Market Outlook, By Region (2021-2030) ($MN)
2 Global Microencapsulation Market Outlook, By Technology (2021-2030) ($MN)
3 Global Microencapsulation Market Outlook, By Chemical Technologies (2021-2030) ($MN)
4 Global Microencapsulation Market Outlook, By Coating (2021-2030) ($MN)
5 Global Microencapsulation Market Outlook, By Dripping (2021-2030) ($MN)
6 Global Microencapsulation Market Outlook, By Emulsion (2021-2030) ($MN)
7 Global Microencapsulation Market Outlook, By Physico-Chemical (2021-2030) ($MN)
8 Global Microencapsulation Market Outlook, By Spray technology (2021-2030) ($MN)
9 Global Microencapsulation Market Outlook, By Other Technologies (2021-2030) ($MN)
10 Global Microencapsulation Market Outlook, By Coating Material (2021-2030) ($MN)
11 Global Microencapsulation Market Outlook, By Gelatin (2021-2030) ($MN)
12 Global Microencapsulation Market Outlook, By Cellulose Acetate Phthalate (2021-2030) ($MN)
13 Global Microencapsulation Market Outlook, By Ethyl Cellulose (2021-2030) ($MN)
14 Global Microencapsulation Market Outlook, By Polyvinyl alcohol (2021-2030) ($MN)
15 Global Microencapsulation Market Outlook, By Other Coating Materials (2021-2030) ($MN)
16 Global Microencapsulation Market Outlook, By Shell Material (2021-2030) ($MN)
17 Global Microencapsulation Market Outlook, By Polymers (2021-2030) ($MN)
18 Global Microencapsulation Market Outlook, By Carbohydrates (2021-2030) ($MN)
19 Global Microencapsulation Market Outlook, By Gums and Resins (2021-2030) ($MN)
20 Global Microencapsulation Market Outlook, By Lipids (2021-2030) ($MN)
21 Global Microencapsulation Market Outlook, By Proteins (2021-2030) ($MN)
22 Global Microencapsulation Market Outlook, By Application (2021-2030) ($MN)
23 Global Microencapsulation Market Outlook, By Agrochemicals (2021-2030) ($MN)
24 Global Microencapsulation Market Outlook, By Construction (2021-2030) ($MN)
25 Global Microencapsulation Market Outlook, By Cosmetics (2021-2030) ($MN)
26 Global Microencapsulation Market Outlook, By Food and Beverages (2021-2030) ($MN)
27 Global Microencapsulation Market Outlook, By Household and Personal Care (2021-2030) ($MN)
28 Global Microencapsulation Market Outlook, By Paper and Printing (2021-2030) ($MN)
29 Global Microencapsulation Market Outlook, By Pharmaceutical and Healthcare (2021-2030) ($MN)
30 Global Microencapsulation Market Outlook, By Textiles (2021-2030) ($MN)
31 Global Microencapsulation Market Outlook, By Other Applications (2021-2030) ($MN)

Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.

List of Figures


Research Methodology

We at Stratistics opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.

Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.

Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.

Data Mining

The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.

Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.

Data Analysis

From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:

  • Product Lifecycle Analysis
  • Competitor analysis
  • Risk analysis
  • Porters Analysis
  • PESTEL Analysis
  • SWOT Analysis

The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.

Data Validation

The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.

We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.

For more details about research methodology, kindly write to us at info@strategymrc.com

Frequently Asked Questions

In case of any queries regarding this report, you can contact the customer service by filing the “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929

Yes, the samples are available for all the published reports. You can request them by filling the “Request Sample” option available in this page.

Yes, you can request a sample with your specific requirements. All the customized samples will be provided as per the requirement with the real data masked.

All our reports are available in Digital PDF format. In case if you require them in any other formats, such as PPT, Excel etc you can submit a request through “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929

We offer a free 15% customization with every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.

We have 3 different licensing options available in electronic format.

  • Single User Licence: Allows one person, typically the buyer, to have access to the ordered product. The ordered product cannot be distributed to anyone else.
  • 2-5 User Licence: Allows the ordered product to be shared among a maximum of 5 people within your organisation.
  • Corporate License: Allows the product to be shared among all employees of your organisation regardless of their geographical location.

All our reports are typically be emailed to you as an attachment.

To order any available report you need to register on our website. The payment can be made either through CCAvenue or PayPal payments gateways which accept all international cards.

We extend our support to 6 months post sale. A post sale customization is also provided to cover your unmet needs in the report.

Request Customization

We provide a free 15% customization on every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.

Note: This customization is absolutely free until it falls under the 15% bracket. If your requirement exceeds this a feasibility check will be performed. Post that, a quote will be provided along with the timelines.


Assured Quality

Assured Quality

Best in class reports with high standard of research integrity

24X7 Research Support

24X7 Research Support

Continuous support to ensure the best customer experience.

Free Customization

Free Customization

Adding more values to your product of interest.

Safe and Secure Access

Safe & Secure Access

Providing a secured environment for all online transactions.

Trusted by 600+ Brands

Trusted by 600+ Brands

Serving the most reputed brands across the world.