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Microencapsulation Market 2017 - Global Forecast to 2022 | ||
By: PR Newswire Association LLC. - 20 Sep 2017 | Back to overview list |
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DUBLIN, September 20, 2017 /PRNewswire/ -- The "Microencapsulation Market by Technology (Spray, Emulsion, Dripping), Core Material (Pharmaceutical & Healthcare Drugs, Food Additives), Application (Pharmaceuticals, Food & Beverages), Shell material, and Region - Global Forecast to 2022" report has been added to Research and Markets' offering. The global market for microencapsulation has grown exponentially in the last few years. The market size is projected to reach USD 10.76 Billion by 2022, growing at a CAGR of around 11.4% from 2017 to 2022 Emerging markets such as India, China, Japan, Brazil, and Argentina are the primary targets of the industry. Factors such as the growing awareness and demand for fortified food products, increasing demand from the pharmaceutical industry for various applications, and the emergence of new technologies are the major factors driving this market. Moreover, achieving enhanced product functionality by microencapsulation helped to drive the microencapsulation industry. The microencapsulation market was dominated by the North American region in 2016. The Asia Pacific region is projected to be the fastest-growing market during the forecast period since the demand from the food & beverages industry is expected to increase in the coming years. The other factors responsible for the growth of the Asia Pacific market are emerging economies, technological advancements, and growth of industrialization in the region. Market Dynamics Drivers
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Companies Mentioned
For more information about this report visit https://www.researchandmarkets.com/research/bmdj75/microencapsulation Media Contact: Research and Markets
View original content:http://www.prnewswire.com/news-releases/microencapsulation-market-2017---global-forecast-to-2022-300523004.html SOURCE Research and Markets |
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Copyright 2017 PR Newswire Association LLC. | Back to overview list |