Asia Pacific Food Encapsulation Market

Asia Pacific Food Encapsulation Market Growth and Forecast (2023 - 2028):

Asia Pacific Food Encapsulation Market size was worth $6.69 billion in 2022 and estimated to reach $9.26 billion by the end of 2028 with a growing potential of 6.72%.

Market Overview:

Encapsulation technique includes the incorporation of food ingredients, enzymes and other materials in small capsules.

With the growing number of diseases such as obesity and diabetes, people are showing more consciousness towards their food and drinks. The market has increasing demand in fresh flavourful food products due to consumer health consciousness. Developing countries such as China and India are projected to account higher growth in coming years. The industrial uses and technology of starch processing is shifting rapidly in the Asia-Pacific countries, especially India. The major players are trying to tap their foot prints in the emerging nations by establishing their facilities. The government's initiatives to grow the functional food consumption in these countries to eliminate malnutrition and congenial regulations have been accelerating the food encapsulation market in these countries.

Drivers and Restraints:

The Asia Pacific Food Encapsulation market is driven by factors such as increasing demand for food Packaging, require increase of shell life, increase in health-conscious consumer, growing demand for functional foods are some of the major driving force for food encapsulation market. The factors restraining the growth of the market are higher cost of food encapsulation techniques and relatively lower technological advances.

Asia Pacific Food Encapsulation Market Segmentation Analysis:

The Asia Pacific Food Encapsulation Market is broadly categorized based on Shell materials is sub-segmented into Polysaccharides, lipids, Emulsifiers and others. based on Technology is further sub-segmented into Physical, Chemical. Based on Core phase they are sub-segmented into Vitamins, Flavours & Essences and Others. Based on application they are sub divided into functional food, bakery food, dairy foods and convenient food and on the basis of geography, the Asia-Pacific food encapsulation market is analysed under various regions namely China, India, Japan, South Korea, Australia. Countries such as China and India are predicted to drive market growth for Asia Pacific due rising living standard and growing processed food industry.

Key Players in the Market:

Major Key Players in the APAC Food Encapsulation Market are

• Cargill, Incorporated (U.S.)
• Friesland Campina Kievit (The Netherlands)
• Royal DSM (The Netherlands)
• Kerry Group (Ireland)
• Ingredion Incorporated (U.S.)
• Firmenich Inc. (Switzerland)
• Lycored Ltd. (Israel)
• International Flavors and Fragrances (U.S.)
• Symrise AG (Germany)
• Sensient Technologies (U.S.)
• Balchem Corporation (U.S.)
• National Enzyme Company (U.S.)
• Aveka Group (U.S.)