Encapsulated Flavors Market Trend, Share, Growth, Size and Forecast 2030

Encapsulated Flavors Market

Encapsulated Flavors Market by Flavor Type (Vanilla, Chocolate, Exotic Fruit, General Fruit, Nut, Spice, Berry, Citric, and Other Flavors), Encapsulation Process (Spray Congealing/Chilling, Sprays Drying, Glass Encapsulation, Fluid Bed Coating, and Others) by Application (Pharmaceutical and Personal Care, Beverages and Instant Drinks, Dairy Products, Frozen Food, Snacks, Cereal and Oatmeal, Bakery and Confectionary, and Others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 – 2026

Category: Chemical & Materials Report Format : PDF Pages: 110 Report Code: ZMR-3493 Published Date: Oct-2020 Status : Published
Market Size in 2022 Market Forecast in 2030 CAGR (in %) Base Year
USD 9.41 Billion USD 7.06 Billion 4.2% 2022

The encapsulated flavors market is set for a rapid growth over the forecast period. In terms of revenue, the global encapsulated flavors market accounted for USD 7,057.5 Million in 2019 and is expected to Reach USD 9,412.9 Million by 2026, growing at a CAGR of around 4.2%

Global Encapsulated Flavors Market SizeRequest Free Sample

The method of encapsulation is used to entrap or coat material with another material. The coating materials are known as encapsulated or shells, wherein coated materials is known as core or active materials. Flavors are sensitive and costly products that are generally utilized as additives in food and food items. For maintaining these flavors’ stability and integrity for their long-term usage, these flavors are protected or encapsulated. The demand and popularity of the global encapsulated flavors market can be attributed to the various encapsulation benefits, such as protecting flavor particularly from oxidation, evaporation, moisture uptake etc.

The major growth driver in the global encapsulated flavors market is their prospective applications in various industries, such as food and beverages, textile, personal care, pharmaceuticals, etc. Characteristics like odour and flavor masking, controlled release features, and accuracy in producing nutrients are further fuelling the expansion of the market for encapsulated flavors market. Technological advancements and growing investments made in the research and development are also contributing to this market’s development on a global scale. Several major key market players are expected to focus on new item launches as well as innovations to achieve market growth. Furthermore, growing health consciousness of consumers and rising consumption of functional foods is also driving the encapsulation flavors market globally.

The encapsulated flavors market is classified based on flavor type, encapsulation process, and application. On the basis of flavor type, the encapsulated flavors market is fragmented into vanilla, chocolate, exotic fruit, general fruit (apple, mango, and banana), nut, spice, berry, and citric, among other flavors. Based on encapsulation process, the market for encapsulated flavors is classified into spray congealing/chilling, sprays drying, glass encapsulation, and fluid bed coating, among others. The spray drying segment is the most popular in the market, due to its extensive use for creating a secondary shell around products. By application, the encapsulated flavors market is fragmented into pharmaceutical and personal care, beverages and instant drinks, dairy products, frozen food, snacks, cereal and oatmeal, and bakery and confectionary, among others.

Based on geography, the market for global encapsulated flavors can be classified into Asia Pacific, North America, Latin America, Europe, and the Middle East and Africa. The Asia Pacific region is likely to show the fastest rate of growth in the global encapsulated flavors market in the upcoming years. This growth can be attributed to the growing population and increasing disposable income of people, especially in the emerging markets, such as India and China. The North American region is anticipated to hold a major share in the market for encapsulated flavors in the forecast timeframe. This is due to the growing concerns related to improving the shelf life of various products, growing health consciousness of consumers and rising consumption of functional foods.

Some key players of the global encapsulated flavors market include Balchem Corporation, Archer Daniels Midland, Glatt GmbH, Etosha Pan (India) Pvt. Ltd., LycoRed Limited, Friesland Campina Kievit, Tate & Lyle PLC, Groupe Legris Industries, Ingredion Incorporated, BUCHI Labortechnik, Synthite Industries, Sensient Technologies Corporation, Fona International, Carmi Flavor & Fragrance, Cargill, AVEKA Group, Symrise AG, Naturex, Nexira, and International Flavours & Fragrances, among others.

Encapsulated Flavors Market: Regional Segment Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

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