Global flavor encapsulation market is expected to be valued at US$ 1 Bn in 2022, and is forecasted to grow at a CAGR of 5% to be valued at US$ 1.6 Bn from 2022 to 2032.
| Report Attributes | Details |
| Flavor Encapsulation Market Estimated Base Year Value (2021) | US$ 954 Mn |
| Flavor Encapsulation Market Value in 2022 | US$ 1 Bn |
| Flavor Encapsulation Market CAGR | 5% |
| Flavor Encapsulation Anticipated Market Value (2032) | US$ 1.6 Bn |
Flavor encapsulation is essential in the food industry to maintain the taste of the final product by preventing flavors from oxidation, evaporation, moisture uptake, etc. The increasing population, along with the rising demand for delicious and flavored food, has bolstered the demand for flavor encapsulation along with the food and beverages market.
The growing global concern for obesity and related diseases is also another factor for the rise in sales of flavor encapsulation items in the market. And the emergence of e-commerce websites has made it easier for the availability of any type of food product, providing greater opportunities for the flavor encapsulation market players.
An increase in general food prices or inflation is considered the foremost factor impacting the growth of any food and beverage market. The demand for flavor encapsulation is also anticipated to get severely affected by any factor influencing the food prices in any region.
Also, due to the fast-moving and hectic lifestyle, the consumer has started preferring canned and processed food, and to maintain the shelf life of the processed food, manufacturers are using flavor encapsulation technique, resulting in significant growth of the flavor encapsulation market over the forecast period.
Besides the food and beverage market, there is also a significant demand for flavor encapsulation in the pharmaceutical industry, such as some medicines have a strong after taste, the technique is used in these tablets and cough syrup to mask the bitter taste contributing to a large segment for the flavor encapsulation market.
The dietary supplement industry is also among a prominent user for sales of flavor encapsulation, as this supplement contains amino acid and other vitamins, which tend to produce when stored in a tin, so to alter the fragrance, the manufacturers use this technique, eventually owing to the growth of flavor encapsulation market share.
Nowadays, demand for flavor encapsulation is also growing to be used by some animal feed manufacturers to blend the flavor of animal feed and boost the flavor encapsulation market.
The sales of flavor encapsulation technique are also growing as it is used in the personal care industry, such as in perfumes and deodorants for long-lasting fragrance.
It is also used in soap and lotions to enhance products odor that is likely to eventually attract consumers and might provide excellent business profit to the manufacturers operating in the flavor encapsulation market.
Regionally, Asia Pacific is likely to emerge as one of the most lucrative markets for sales of flavor encapsulations.
The region is expected to hold dominance in the global flavor encapsulation market share through the course of the forecast period.
The rising standard of living and growth of disposable income is the major factor driving the demand for flavor encapsulation in Asia Pacific countries.
North America is likely to remain steady as the second-leading regional flavor encapsulation market share after the Asia Pacific.
North America and Western Europe are the two main regions targeted by manufacturing companies due to the increasing number of health-conscious consumers and growing demand for food and beverages benefitting the flavor encapsulation market of many geographical regions.
Some of the key players of the global flavor encapsulation market include Aveka Group., Büchi Labortechnik AG, Cargill, Incorporated, Clextral S.A.S., Etosha Pan (India), Firmenich International SA., FlavArom International Ltd, FONA International, Inc., FrieslandCampina Nederland Holding B.V., Glatt GmbH, and Drytech, and others.
The manufacturers could introduce blended flavors while processing food to attract consumers and increase the sales of flavor encapsulation.
Manufacturers could use this technique in pharmaceuticals as well to mask the pungent odor of medicines and create a huge opportunity for the key players in the flavor encapsulation market.
Not only in the pharmaceutical industry but also the demand for flavor encapsulation is growing personal care segment as it could be used in the manufacturing of perfumes, soap, and others. The position of pharmaceutical industries in the flavor encapsulation market share is very promising.
| Report Attribute | Details |
| Growth Rate | CAGR of 5% from 2022 to 2032 |
| Base Year of Estimation | 2021 |
| Historical Data | 2014-2020 |
| Forecast Period | 2022-2032 |
| Quantitative Units | Revenue in USD Billion, Volume in Kilotons and CAGR from 2022-2032 |
| Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis |
| Segments Covered |
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| Regions Covered |
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| Key Countries Profiled |
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| Key Companies Profiled |
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| Customization scope | Available Upon Request |
| Pricing and Purchase Option | Avail Customized purchase options to meet your exact research needs. |
The flavor encapsulation market is forecasted to register a CAGR of 5% during the forecast period.
The key manufacturing companies known as the major players flavor encapsulation market are Aveka Group., Büchi Labortechnik AG, Cargill, Incorporated, Clextral S.A.S., Etosha Pan (India), Firmenich International SA., FlavArom International Ltd, FONA International, Inc., FrieslandCampina Nederland Holding B.V., Glatt GmbH, and Drytech.
Growing demand for healthy alternatives instead of calorific sweet and confectionary items is predicted to the major driving factor for the increase in sales of flavor encapsulation.
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