Global Microcapsules Market

Global Microcapsules Market Size, Trends & Analysis - Forecasts To 2026 By Shell Material (Melamine, Non-Melamine), By Core Material (Pharmaceutical & Healthcare Drugs, Agriculture Inputs, Food Additives, Fragrances, Agriculture Inputs, Phase Change Materials, Others), By Technology (Spray Technologies, Emulsion Technologies, Dripping Technologies, Others), By End User (Pharmaceutical & Healthcare, Food & Beverages, Household & Personal Care, Agrochemical, Textile, Others), By Region (North America, Europe, Asia Pacific, MEA, CSA); Vendor Landscape, End User Landscape and Company Market Share Analysis & Competitor Analysis

Category Healthcare

Format

This report was recently updated on November 16 2024 with the latest and most recent market numbers

Microcapsules Market Insights

The global microcapsules market is expected to generate revenue amounting to USD 8.75 billion in 2020, and is projected to reach to USD 15.27 billion by 2026, growing at a CAGR of 9.73% over the forecast period. Rising acceptance of microencapsulated materials in the food and beverage, pharmaceutical, and agrochemical industries is expected to drive the market growth during the forecast period. High investment in R&D to improve technology efficiency is expected to be a key factor driving the market for microcapsules. Increasing penetration of the technology in the pharmaceutical application for the controlled and sustained release of drugs is likely to propel the market growth for microcapsules during the forecast period. Rising demand for fragrances, bleach activators, and anti-bacterial compounds in the home and personal care industry is driving the market growth. Microencapsulation protects flavors from evaporation, oxidation, and thermal degradation, and extends the shelf-life by retaining the food flavors. These are some of the major factors expected to propel the market growth for microcapsules during the forecast period. Growing consumer demand for a specific and targeting drug delivery system across various regions including North America, Europe, Asia Pacific, and Central & South America is further projected to propel the market growth of microcapsules. However, high processing cost and unfavorable taxation policies, are likely to hamper the market growth over the coming years.

Microcapsules Market Size: By Segmentation

The global microcapsules market is segmented on the basis of shell material into melamine and nonmelamine. The non-melamine segment is further segmented into carbohydrates, gums & resins, lipids, proteins and melamine formaldehyde among others. The melamine segment is expected to grow at a high CAGR in the global microcapsules market during the forecast period. The increasing demand for formaldehyde-free melamine in personal care products are driving the market growth for melamine segment. Melamine shell materials offer excellent retention capacity for volatile molecules and tunable mechanical properties which are highly suitable as a formaldehyde-free alternative to conventional aminoplast microcapsules.

On the basis of technology, the global microcapsules market is segmented into spray technologies, emulsion technologies, and dripping technologies among others. The dripping technology segment is expected to hold the largest market share during the forecast period. Dripping technologies include droplet extrusion through spinning disks, jet breakage systems, and coextrusion among others. Dripping technologies are applied for liquid, solid, hydrophilic, and lipophilic materials. They offer various advantages such as biocompatibility and low particle size distribution. The growing demand for microencapsulated active ingredients in pharmaceutical industry is driving the market growth for dripping technologies.

On the basis of core material, the market is segmented into pharmaceutical & healthcare drugs, food additives, fragrances, agriculture inputs, and phase change materials among others. The pharmaceutical & healthcare drugs segment is expected to hold the largest market share in the global microcapsules market during the forecast period. The increasing demand for the masking of oral drug flavors is propelling the market growth for pharmaceutical & healthcare drugs segment. Increased applications of nutritional elements in functional and fortified foods is also driving the demand for pharmaceutical & healthcare drugs during the forecast period.

On the basis of end users, the market is segmented into pharmaceutical & healthcare, food & beverage, house hold & personal care, agrochemical and textile among others. The pharmaceutical & healthcare segment is expected to hold the largest market share during the forecast period. The microcapsules are used to mask the bitter taste of the drugs and reduce the gastric and other G.I. track irritations caused by drugs. It is also used to reduce the hygroscopic properties, odor, and volatility of core materials among pharmaceutical segment. The food & beverage segment is expected to grow at a significant market growth during the forecast period. Growing consumer inclination towards healthy diet and nutrition food is driving the market growth for microcapsules during the forecast period.

Microcapsules Market Size: By Region

On the basis of region, the market of microcapsules is segmented into North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa. The North America region is expected to dominate the market and is also estimated to expand at a rapid pace during the forecast period. The U.S. dominated the market in North America owing to high penetration of the technique in the pharmaceuticals and healthcare industries. The Asia Pacific region is expected to grow at a high CAGR during the forecast period. Favorable government policies to promote FDI in the pharmaceutical industry in China and India is driving the market growth in the region.

Microcapsules Market Share & Competitor Analysis

Some of the key players operating in the microcapsules market include: BASF SE, International Flavors & Fragrances, Koninklijke DSM N.V., Symrise AG, Givaudan S.A., Sensient Technologies Corporation, Royal FrieslandCampina N.V., Syngenta Crop Protection AG, Lycored Corp. , Koehler Innovative Solutions , The 3M Company, Dow Corning Corporation, Bayer AG, InnoBio Limited, and Evonik Industries AG, among others.

Please note: This is not an exhaustive list of companies profiled in the report.

In May 2018, Givaudan S.A. acquired the Nutrition Division of Centroflora Group (Brazil), a manufacturer of botanical extracts and dehydrated fruits for the food & beverage industry.

In January 2018, International Flavors & Fragrances started the construction of its flavors and fragrances plant in Sri City, Andhra Pradesh, India, as India is a priority market for the company. This plant is anticipated to be India’s largest flavor and fragrance manufacturing plant.

Check the Press Release on Global Microcapsules Market Report

Microcapsules Market: By Shell Material

Introduction
1. Microcapsules Market, By Shell Material, 2020-2026 (USD Million)
Melamine
1. Melamine: Microcapsules Market, 2020-2026 (USD Million)
Non-Melamine
1. Non-Melamine: Microcapsules Market, 2020-2026 (USD Million)
  1. Formaldehyde: Microcapsules Market, 2020-2026 (USD Million)
  2. Carbohydrates: Microcapsules Market, 2020-2026 (USD Million)
  3. Gums & Resins: Microcapsules Market, 2020-2026 (USD Million)
  4. Lipids: Microcapsules Market, 2020-2026 (USD Million)
  5. Proteins: Microcapsules Market, 2020-2026 (USD Million)
  6. Others: Microcapsules Market, 2020-2026 (USD Million)

Microcapsules Market: By Core Material

Introduction
1. Microcapsules Market, By Core Material, 2020-2026 (USD Million)
Pharmaceutical & Healthcare Drugs
1. Pharmaceutical & Healthcare Drugs: Microcapsules Market, 2020-2026 (USD Million)
Agriculture Inputs
1. Agriculture Inputs: Microcapsules Market, 2020-2026 (USD Million)
Fragrances
1. Fragrances: Microcapsules Market, 2020-2026 (USD Million)
Food Additives
1. Food Additives: Microcapsules Market, 2020-2026 (USD Million)
Phase Change Materials
1. Phase Change Materials: Microcapsules Market, 2020-2026 (USD Million)
Others
1. Others: Microcapsules Market, 2020-2026 (USD Million)

Microcapsules Market: By Technology

Introduction
1. Microcapsules Market, By Technology, 2020-2026 (USD Million)
Spray Technologies
1. Spray Technologies: Microcapsules Market, 2020-2026 (USD Million)
Emulsion Technologies
1. Emulsion Technologies: Microcapsules market, 2020-2026 (USD Million)
Dripping Technologies
1. Dripping Technologies: Microcapsules market, 2020-2026 (USD Million)
Others
1. Others: Microcapsules market, 2020-2026 (USD Million)

Microcapsules Market: By End User

Introduction
1. Microcapsules Market, By End User, 2020-2026 (USD Million)
Pharmaceutical & Healthcare
1. Pharmaceutical & Healthcare: Microcapsules Market, 2020-2026 (USD Million)
Food & Beverages
1. Food & Beverages: Microcapsules Market, 2020-2026 (USD Million)
Household & Personal Care
1. Household & Personal Care : Microcapsules Market, 2020-2026 (USD Million)
Agrochemical
1. Agrochemical: Microcapsules Market, 2020-2026 (USD Million)
Textile
1. Textile: Microcapsules Market, 2020-2026 (USD Million)
Others
1. Others : Microcapsules Market, 2020-2026 (USD Million)

Microcapsules Market: By Region

Introduction
1. Global Microcapsules Market, Regional Analysis, 2020-2026 (USD Million)
North America
1. North America Microcapsules Market, Regional Analysis, 2020-2026 (USD Million)
  1. By Shell Material
    1. North America Microcapsules Market, By Shell Material, 2020-2026 (USD Million)
  2. By Core Material
    1. North America Microcapsules Market, By Core Material, 2020-2026 (USD Million)
  3. By Technology
    1. North America Microcapsules Market, By Technology, 2020-2026 (USD Million)
  4. By End User
    1. North America Microcapsules Market, By End User, 2020-2026 (USD Million)
  5. By Country
    1. U.S
      1. By Shell Material
        
        U.S Microcapsules Market, By Shell Material, 2020-2026 (USD Million)
      2. By Core Material
        
        U.S Microcapsules Market, By Core Material, 2020-2026 (USD Million)
      3. By Technology
        
        U.S Microcapsules Market, By Technology, 2020-2026 (USD Million)
      4. By End User
        
        U.S Microcapsules Market, By End User, 2020-2026 (USD Million)
    2. Canada.
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        Canada Microcapsules Market, By Shell Material, 2020-2026 (USD Million)
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        Canada Microcapsules Market, By Core Material, 2020-2026 (USD Million)
      3. By Technology
        
        Canada Microcapsules Market, By Technology, 2020-2026 (USD Million)
      4. By End User
        
        Canada Microcapsules Market, By End User, 2020-2026 (USD Million)
    3. Mexico
      1. By Shell Material
        
        Mexico Microcapsules Market, By Shell Material, 2020-2026 (USD Million)
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        Mexico Microcapsules Market, By Core Material, 2020-2026 (USD Million)
      3. By Technology
        
        Mexico Microcapsules Market, By Technology, 2020-2026 (USD Million)
      4. By End User
        
        Mexico Microcapsules Market, By End User, 2020-2026 (USD Million)
Europe
1. Europe Microcapsules Market, Regional Analysis, 2020-2026 (USD Million)
  1. By Shell Material
    1. Europe Microcapsules Market, By Shell Material, 2020-2026 (USD Million)
  2. By Core Material
    1. Europe Microcapsules Market, By Core Material, 2020-2026 (USD Million)
  3. By Technology
    1. Europe Microcapsules Market, By Technology, 2020-2026 (USD Million)
  4. By End User
    1. Europe Microcapsules Market, By End User, 2020-2026 (USD Million)
  5. By Country
    1. Germany
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        Germany Microcapsules Market, By Shell Material, 2020-2026 (USD Million)
      2. By Core Material
        
        Germany Microcapsules Market, By Core Material, 2020-2026 (USD Million)
      3. By Technology
        
        Germany Microcapsules Market, By Technology, 2020-2026 (USD Million)
      4. By End User
        
        Germany Microcapsules Market, By End User, 2020-2026 (USD Million)
    2. UK
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        UK Microcapsules Market, By Shell Material, 2020-2026 (USD Million)
      2. By Core Material
        
        UK Microcapsules Market, By Core Material, 2020-2026 (USD Million)
      3. By Technology
        
        UK Microcapsules Market, By Technology, 2020-2026 (USD Million)
      4. By End User
        
        UK Microcapsules Market, By End User, 2020-2026 (USD Million)
    3. France
      1. By Shell Material
        
        France Microcapsules Market, By Shell Material, 2020-2026 (USD Million)
      2. By Core Material
        
        France Microcapsules Market, By Core Material, 2020-2026 (USD Million)
      3. By Technology
        
        France Microcapsules Market, By Technology, 2020-2026 (USD Million)
      4. By End User
        
        France Microcapsules Market, By End User, 2020-2026 (USD Million)
    4. Italy
      1. By Shell Material
        
        Italy Microcapsules Market, By Shell Material, 2020-2026 (USD Million)
      2. By Core Material
        
        Italy Microcapsules Market, By Core Material, 2020-2026 (USD Million)
      3. By Technology
        
        Italy Microcapsules Market, By Technology, 2020-2026 (USD Million)
      4. By End User
        
        Italy Microcapsules Market, By End User, 2020-2026 (USD Million)
    5. Rest Of Europe
      1. By Shell Material
        
        Rest Of Europe Microcapsules Market, By Shell Material, 2020-2026 (USD Million)
      2. By Core Material
        
        Rest Of Europe Microcapsules Market, By Core Material, 2020-2026 (USD Million)
      3. By Technology
        
        Rest Of Europe Microcapsules Market, By Technology, 2020-2026 (USD Million)
      4. By End User
        
        Rest Of Europe Microcapsules Market, By End User, 2020-2026 (USD Million)
Asia Pacific
1. Asia Pacific Microcapsules Market, Regional Analysis, 2020-2026 (USD Million)
  1. By Shell Material
    1. Asia Pacific Microcapsules Market, By Shell Material, 2020-2026 (USD Million)
  2. By Core Material
    1. Asia Pacific Microcapsules Market, By Core Material, 2020-2026 (USD Million)
  3. By Technology
    1. Asia Pacific Microcapsules Market, By Technology, 2020-2026 (USD Million)
  4. By End User
    1. Asia Pacific Microcapsules Market, By End User, 2020-2026 (USD Million)
  5. By Country
    1. China
      1. By Shell Material
        
        China Microcapsules Market, By Shell Material, 2020-2026 (USD Million)
      2. By Core Material
        
        China Microcapsules Market, By Core Material, 2020-2026 (USD Million)
      3. By Technology
        
        China Microcapsules Market, By Technology, 2020-2026 (USD Million)
      4. By End User
        
        China Microcapsules Market, By End User, 2020-2026 (USD Million)
    2. Japan
      1. By Shell Material
        
        Japan Microcapsules Market, By Shell Material, 2020-2026 (USD Million)
      2. By Core Material
        
        Japan Microcapsules Market, By Core Material, 2020-2026 (USD Million)
      3. By Technology
        
        Japan Microcapsules Market, By Technology, 2020-2026 (USD Million)
      4. By End User
        
        Japan Microcapsules Market, By End User, 2020-2026 (USD Million)
    3. India
      1. By Shell Material
        
        India Microcapsules Market, By Shell Material, 2020-2026 (USD Million)
      2. By Core Material
        
        India Microcapsules Market, By Core Material, 2020-2026 (USD Million)
      3. By Technology
        
        India Microcapsules Market, By Technology, 2020-2026 (USD Million)
      4. By End User
        
        India Microcapsules Market, By End User, 2020-2026 (USD Million)
    4. South Korea
      1. By Shell Material
        
        South Korea Microcapsules Market, By Shell Material, 2020-2026 (USD Million)
      2. By Core Material
        
        South Korea Microcapsules Market, By Core Material, 2020-2026 (USD Million)
      3. By Technology
        
        South Korea Microcapsules Market, By Technology, 2020-2026 (USD Million)
      4. By End User
        
        South Korea Microcapsules Market, By End User, 2020-2026 (USD Million)
Central & South America
1. Central & South America Microcapsules Market, Regional Analysis, 2020-2026 (USD Million)
  1. By Shell Material
    1. Central & South America Microcapsules Market, By Shell Material, 2020-2026 (USD Million)
  2. By Core Material
    1. Central & South America Microcapsules Market, By Core Material, 2020-2026 (USD Million)
  3. By Technology
    1. Central & South America Microcapsules Market, By Technology, 2020-2026 (USD Million)
  4. By End User
    1. Central & South America Microcapsules Market, By End User, 2020-2026 (USD Million)
  5. By Country
    1. Brazil
      1. By Shell Material
        
        Brazil Microcapsules Market, By Shell Material, 2020-2026 (USD Million)
      2. By Core Material
        
        Brazil Microcapsules Market, By Core Material, 2020-2026 (USD Million)
      3. By Technology
        
        Brazil Microcapsules Market, By Technology, 2020-2026 (USD Million)
      4. By End User
        
        Brazil Microcapsules Market, By End User, 2020-2026 (USD Million)
Middle East & Africa
1. Middle East & Africa Microcapsules Market, Regional Analysis, 2020-2026 (USD Million)
  1. By Shell Material
    1. Middle East & Africa Microcapsules Market, By Shell Material, 2020-2026 (USD Million)
  2. By Core Material
    1. Middle East & Africa Microcapsules Market, By Core Material, 2020-2026 (USD Million)
  3. By Technology
    1. Middle East & Africa Microcapsules Market, By Technology, 2020-2026 (USD Million)
  4. By End User
    1. Middle East & Africa Microcapsules Market, By End User, 2020-2026 (USD Million)
  5. By Country
    1. Saudi Arabia
      1. By Shell Material
        
        Saudi Arabia Microcapsules Market, By Shell Material, 2020-2026 (USD Million)
      2. By Core Material
        
        Saudi Arabia Microcapsules Market, By Core Material, 2020-2026 (USD Million)
      3. By Technology
        
        Saudi Arabia Microcapsules Market, By Technology, 2020-2026 (USD Million)
      4. By End User
        
        Saudi Arabia Microcapsules Market, By End User, 2020-2026 (USD Million)
    2. UAE
      1. By Shell Material
        
        UAE Microcapsules Market, By Shell Material, 2020-2026 (USD Million)
      2. By Core Material
        
        UAE Microcapsules Market, By Core Material, 2020-2026 (USD Million)
      3. By Technology
        
        UAE Microcapsules Market, By Technology, 2020-2026 (USD Million)
      4. By End User
        
        UAE Microcapsules Market, By End User, 2020-2026 (USD Million)

The global Microcapsules Market has been studied from the year 2016 till 2025. However, the CAGR provided in the report is from the year 2017 to 2025. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.

The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; and learning the demand and supply side analysis for the Microcapsules Market.

Microcapsules Market

The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, VPs, CEOs, COOs, financial consultants, business consultants, strategy consultants, project management consultants, and business management consultants.

Microcapsules Market

Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, and customer analytics.

Microcapsules Market