Encapsulated Flavors and Fragrances Market by Technology (Physicochemical Process, Chemical, and Physical Process), By Encapsulation Process (Macroencapsulation, Hybrid Technology, Nanoencapsulation, and Microencapsulation), By End-User (Toiletries & Cleaners and Food & Beverages), and By Product Type (Aroma Chemicals, Essential Oils & Natural Extracts, Flavor Blends, and Fragrance Blends): Global Industry Perspective, Comprehensive Analysis and Forecast, 2017 – 2024

Global encapsulated flavors and fragrances market expected to reach approximately USD 8,122.74 million by 2024, growing at a CAGR of around 4.63% between 2018 and 2024. A technique to entrap flavors and fragrances within a coating material is known as encapsulation. Encapsulation protects the coated material from the outside environment.

05-Oct-2018 | Number of pages: 110 | Report Code: ZMR-3398 | Report Format : | Status : Published

Analysis

Encapsulation protects the coated material from the outside environment. A technique to entrap flavors and fragrances within a coating material is known as encapsulation. The coated material is called as core or active material wherein coating material is called encapsulated material or shells. Microencapsulation is another process to encapsulate the flavors and fragrances on a micrometric scale. It is a process wherein droplets or tiny particles are coated in order to make small capsules. Microencapsulation or encapsulation of flavors and fragrances is used to provide uniform and improved fragrance, taste, colorings, increased shelf life, and protection from harsh conditions.

By technology, the global encapsulated flavors and fragrances market is segmented into physicochemical, chemical, and physical processes. Among which physical process segment is predicted to account for a significant share across the global market. On the basis of end-user, the global encapsulated flavors and fragrances market is classified as toiletries & cleaners and food & beverages. Among which, food & beverages segment is anticipated to account for a dominant share in the global market. It is also anticipated that this segment will expand at a significant growth rate over the forecast period. Rising preference for fortified foods and shifting eating habits are the major factors bolstering the demand for the encapsulated products.

Encapsulated Flavors and Fragrances Market

The global encapsulated flavors and fragrances market has been segmented by product type as aroma chemicals, essential oils & natural extracts, flavor blends, and fragrance blends. Among which essential oils & natural extract segment is anticipated show a substantial growth rate over the forecast period, owing to large availability and minimal side effects of such products. Additionally, the high demand for encapsulated vitamins and minerals is also projected to propel the growth of the segment over the forecast period.

On the basis of the encapsulation process, the global encapsulated flavors and fragrances market is classified as macroencapsulation, hybrid technology, nanoencapsulation, and microencapsulation. Among the aforementioned segments, microencapsulation segment anticipates accounting for a dominant share in the global market, owing to the technological benefits such as a sustained release of the product at the right time and place.

By geography, the global encapsulated flavors and fragrances market finds its market scope in North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Among which Asia Pacific region is projected expand at a substantial growth rate over the forecast period. This is owing to various factors such as high economic developments, the rapid growth of industries such as food and beverages, personal care, textile, etc., increasing investments in the technological development, etc.

The report includes detailed profiles of key players in the encapsulated flavors and fragrances market across the globe such as Ingredion Incorporated, Cargill Incorporated, Tate & Lyle PLC, FrieslandCampina Kievit, Symrise AG, and Firmenich Incorporated. Some of the other manufacturers of the global encapsulated flavors and fragrances market are Lycored Group, Sonarome, Sensient Technologies Corporation, Synthite Industries Ltd., Nexira SAS, Mane, and Aveka Inc. The detailed description of the companies operating in the global encapsulated flavors and fragrances market includes parameters such as financial overview, business strategy, key developments, and company overview of the company.   


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