2 weeks Ago By [email protected] (MENAFN)
Spray drying and emulsion are major application areas for Microencapsulation and market competition is fierce in these applications. Emulsion based microencapsulation is commonly used for encapsulating both water loving and water repellent substances in the pharmaceutical and cosmetics industries, where BASFs and Dow Chemicals advanced emulsion systemsre, at the forefront of this field. Leading players in such as Givaudan, Symrise, BASF, Dow Chemical, Balchem, Microtek Laboratories, DSM, Evonik, FrieslandCampina, Lycored, Kerry Group and Firmenich are pushing the boundaries of innovation and forging strategic partnerships to capture larger market share.
Check detailed insights here - Nanoencapsulation is becoming increasingly popular, for transporting components more precisely. This advancement allows for enhanced uses in the fields of cosmetic products. Global & Regional Analysis As per research study, Microencapsulation is expected to rise to $48.
4 billion by 2035 from $13.9 billion of 2023 with a CAGR of 11.0%.
In North America the Microencapsulation market is thriving due to demand in the pharmaceutical and food industries. as well as significant investments in advanced encapsulation technologies by key players. These companies are particularly interested, in utilizing polymers and exploring functional food applications.
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