Industrial, Manufacturing & Heavy Industry Market News

Global microencapsulation market worth USD 9,241.1 million by 2022

The global microencapsulation market is primarily driven by the growing demand from the functional food industry, pharmaceutical industry for controlled release & targeted release of active compounds (sustained or delayed release), and agrochemical sector.

The global microencapsulation market Make an Inquiry about this news will grow at a CAGR of 10.0% from 2017 to 2022 to reach USD 9,241.1 million by 2022, according to the latest publication from Meticulous Research™. 

In addition, reduction in capsule size and increasing bioavailability, growing need of multicomponent delivery systems, and emerging economies such as Asia, Latin America, and the Middle East & Africa region further provides significant opportunities for the various stakeholders in this market. However, factors such as high cost of microencapsulation process, and increasing demand for nano-encapsulation technology, especially in the pharmaceutical application are expected to hinder the growth of this market to some extent.