The Microencapsulation Market is estimated to grow at CAGR 12% during the forecast period 2021-2026.
The increasing applications of microencapsulated products across various industries, the growing demand for pharmaceutical and agrochemical products, and the increasing demand for functional food products are some of the factors driving the growth of the market.
The pharmaceuticals and healthcare products segment is projected to account for the largest share in the market. Microencapsulation is widely used in the healthcare and pharmaceutical sector for controlled drug delivery. Microencapsulation technologies are extensively used by pharmaceutical companies to mask the bitter taste or smell in drugs and to provide targeted delivery and controlled delivery. The demand for microencapsulated biomolecules is increasing in the pharmaceutical industry due to functions such as targeted action.
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Market for Microencapsulation, By Application
Pharmaceutical & Healthcare Products
Food & Beverages
Household & Personal Care Products
Agrochemicals
Construction Materials
Textiles
Market for Microencapsulation, By Technology
Spray Technology
Spray Drying
Spray Chilling
Emulsion Technologies
In Situ Polymerization
Coacervation
Sol-Gel Encapsulation
Dripping Technologies
Spinning Disk/Rotational Suspension Separation
Centrifugal Extrusion
Other Technologies
Market for Microencapsulation, By Core Material
Agricultural Inputs
Food Additives
Pharmaceutical & Healthcare Drugs
Fragrances
Phase Change Materials
Others
Market for Microencapsulation, By Shell Material
Polymers
Polyurea & Melamine Formaldehyde
Gums & Resins
Lipids
Carbohydrates
Proteins
Cellulose
9. Market for Microencapsulation, By Region
North America
Europe
Asia Pacific
Rest of World
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