Global processed & packaged food industry expansion due to rising preference for convenient and healthy nutritional products will drive food encapsulation market growth. Improved taste, efficient ingredients release properties along with extended shelf life will remain key factors fueling product penetration.
Rising demand from bakery & confectionery industry to improve taste, flavor and preservation of nutrients has enhanced the food encapsulation industry expansion. Technological advancement in terms of enriching bioavailability of food ingredients will support growth.
Food Encapsulation Market is estimated to exceed USD 45 billion by 2024; according to a new research report.
Organic acids are estimated to witness growth over 6% up to 2024. Major benefits including boosting renal health, fighting free radicals, revitalizing the skin and curbing nausea offered by organic acids will drive product demand. Increased preference for sorbic acid in various products owing to its antimicrobial nature will drive food encapsulation market growth. Fumaric acid is projected to gain advantage owing to its nonabsorbent moisture properties which protects flavor degradation.
Micro encapsulation generated more than USD 10 billion in 2016. Increased demand for efficient protection and delivery of bioactive compounds will drive growth in this segment. Benefits including precise release of nutrients at the right place and time at economical cost makes has propelled demand.
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