Food Encapsulation Market Critical Insights, Trends, Worldwide Outlook & Forecast Till 2027
Food encapsulation market is expected to reach USD 8977.8 million by 2027 growing at a growth rate of 7.35% in the forecast period 2020 to 2027. Increasing preferences for convenient as well as healthy foods will act as a factor for the food encapsulation market in the forecast period of 2020- 2027.
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Some of the Top companies influencing this market include: Encapsys, LLC.,ABCO Laboratories, Inc., Firmenich SA, AVEKA, Inc, Royal FrieslandCampina, Cargill, Incorporated., Coating Place, Inc., Balchem Inc.,Ingredion Incorporated., DuPont., BASF SE, TasteTech, Givaudan, SensientColors LLC,International Flavors & Fragrances Inc., Symrise, among other domestic and globalplayers.
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Changing lifestyle of the people, adoption of advanced technologies such as microencapsulation technologies and nanoencapsulation, rising number of health conscious consumer, increasing occurrences of obesity and diabetes will likely to enhance the growth of the food encapsulation market in the forecast period of 2020-2027. On the other hand, rising shelf life as well as product appeal will further boost various opportunities that will lead to the growth of the food encapsulation market in the above mentioned forecast period.
