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Europe Encapsulation Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Coating Material (Polymers, Gums and Resins, Lipids, Carbohydrates, and Proteins), Technology (Spray Technology, Emulsion Technology, Dripping Technology, and Others), and Application (Pharmaceuticals and Nutraceutical, Food and Beverages, Personal Care Products, Agrochemicals, and Others)
Market Introduction
The European continent comprises several developed economies such as Germany, France, the UK, Italy, Russia, and Rest of Europe. Europe comprises several major economies such as Germany, France, Italy, the UK, and Russia. The region offers significant opportunities for the growth of the encapsulation market due to the rising adoption of encapsulated ingredients for various applications. To increase stability and handle characteristics, encapsulation helps control the release and maintain ingredient functionality. It also allows the manufacturers of food and beverages and other consumer products to add unusual ingredients to the product. The demand for encapsulation technologies is growing due to the rising demand for fortified food products. In Europe, there are growing consumer preferences for healthy and convenient food products. The Increasing use of encapsulated products in the food and beverage industry for various applications would boost the growth of the encapsulation market in Europe during the forecast period. Europe is one of the largest markets for personal care products. The high demand for fragrance microencapsulation in many products, such as consumer goods and beauty care, further propels the market growth.
In Europe, France and Italy recorded the highest number of COVID-19 cases as of June 2021. Moreover, Russia, the UK, and Germany are among the worst-hit countries and are expected to suffer an economic hit due to the lack of revenue from various industries. The chemicals & materials industry across Europe has been severely impacted by the COVID-19 pandemic, owing to a decline in manufacturing activities. Businesses are gaining ground as previously imposed limitations are being eased across various locations. Moreover, the introduction of COVID-19 vaccines by governments of different countries has further eased the situation leading to a rise in business activities. Furthermore, governments of various countries are planning to develop modern and technologically advanced infrastructure to mitigate the economic impacts of the COVID-19 pandemic. Thus, the market is expected to grow significantly in the coming years amid the impact of the COVID-19 pandemic.
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Market Overview and Dynamics
The encapsulation market in Europe is expected to grow from US$ 10,023.66 million in 2021 to US$ 23,180.43 million by 2028; it is estimated to grow at a CAGR of 12.7% from 2021 to 2028. Rising demand for functional products; functional products are products generally sold in retail outlets and convenience stores and are considered staples in individuals' daily lives. Functional products are characterized as products having long shelf lives and generally a predictable demand. Encapsulation of major ingredients in the functional products can further help in increasing the shelf life of the products and warrants a positive profit margin. Encapsulation of active ingredients, such as antioxidants, prebiotics, vitamins, amino acids, and carotenoids, in functional food products is expected to increase substantially during the forecast period, primarily due to an increase in health-conscious population and rise in demand for nutritional food products. Thus, the increasing demand for functional products is expected to be a major trend during the forecast period, thereby boosting the Europe encapsulation market growth.
Key Market Segments
Based on coating material, the Europe encapsulation market is segmented into polymers, gums and resins, lipids, carbohydrates, and lipids. In 2020, the carbohydrates segment held the largest share Europe encapsulation market. Based on technology, the Europe encapsulation market is segmented into spray technology, emulsion technology, dripping technology and others. In 2020, the spray technology segment held the largest share Europe encapsulation market. Based on by application, the Europe encapsulation market is segmented into pharmaceuticals and nutraceutical, food and beverages, personal care products, agrochemicals, and other. In 2020, the pharmaceutical and nutraceutical segment held the largest share Europe encapsulation market.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the encapsulation market in Europe are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Balchem Inc.; BASF SE; DSM; FrieslandCampina; Givaudan; Legris Industries Group; Lycored; and TasteTech among others.
Reasons to buy report
- To understand the Europe encapsulation market landscape and identify market segments that are most likely to guarantee a strong return
- Stay ahead of the race by comprehending the ever-changing competitive landscape for Europe encapsulation market
- Efficiently plan M&A and partnership deals in Europe encapsulation market by identifying market segments with the most promising probable sales
- Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form Europe Encapsulation Market
- Obtain market revenue forecast for market by various segments from 2021-2028 in Europe region.
EUROPE ENCAPSULATION MARKET SEGMENTATION
- Polymers
- Gums and Resins
- Lipids
- Carbohydrates
- Proteins
- Spray Technology
- Emulsion Technology
- Dripping Technology
- Others
- Pharmaceuticals and Nutraceutical
- Food and Beverages
- Personal Care Products
- Agrochemicals
- Others
By Country
- Germany
- France
- Italy
- UK
- Russia
- RoE
Company Profiles
- Balchem Inc.
- BASF SE
- DSM
- FrieslandCampina
- Givaudan
- Legris Industries Group
- Lycored
- TasteTech
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:
4. Europe Encapsulation Market Landscape
4.1 Market Overview
4.2 Porter’s Five Forces Analysis
4.3 Expert Opinion
4.4 Ecosystem Analysis
4.4.1 Raw Material
4.4.2 Manufacturing/Processing
4.4.3 Distributors
4.4.4 End Users
5. Europe Encapsulation Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Surge in Demand for Encapsulated Flavors and Colors from Convenience Food Sector
5.1.2 Growing Demand for Encapsulated Pharmaceuticals
5.2 Market Restraints
5.2.1 Increased Cost of Production and Low Profit Margins
5.3 Market Opportunities
5.3.1 Evolution of Advanced Technologies
5.4 Future Trends
5.4.1 Rising Demand for Functional Products
5.5 Impact Analysis of Drivers and Restraints
6. Encapsulation – Europe Market Analysis
6.1 Europe Encapsulation Market Overview
6.2 Europe Encapsulation Market –Revenue and Forecast to 2028 (US$ Million)
7. Europe Encapsulation Market Analysis – By Coating Material
7.1 Overview
7.2 Europe Encapsulation Market, By Coating Material (2020 and 2028)
7.3 Polymers
7.3.1 Overview
7.3.2 Polymers: Europe Encapsulation Market – Revenue and Forecast to 2028 (US$ Mn)
7.4 Gums and Resins
7.4.1 Overview
7.4.2 Gums and Resins: Europe Encapsulation Market – Revenue and Forecast to 2028 (US$ Mn)
7.5 Lipids
7.5.1 Overview
7.5.2 Lipids: Europe Encapsulation Market – Revenue and Forecast to 2028 (US$ Mn)
7.6 Carbohydrates
7.6.1 Overview
7.6.2 Carbohydrates: Europe Encapsulation Market – Revenue and Forecast to 2028 (US$ Mn)
7.7 Proteins
7.7.1 Overview
7.7.2 Proteins: Europe Encapsulation Market – Revenue and Forecast to 2028 (US$ Mn)
8. Europe Encapsulation Market Analysis – By Technology
8.1 Overview
8.2 Europe Encapsulation Market, By Technology (2020 and 2028)
8.3 Spray Technology
8.3.1 Overview
8.3.2 Spray Technology: Europe Encapsulation Market – Revenue and Forecast to 2028 (US$ Mn)
8.4 Emulsion Technology
8.4.1 Overview
8.4.2 Emulsion Technology: Europe Encapsulation Market – Revenue and Forecast to 2028 (US$ Mn)
8.5 Dripping Technology
8.5.1 Overview
8.5.2 Dripping Technology: Europe Encapsulation Market – Revenue and Forecast to 2028 (US$ Mn)
8.6 Others
8.6.1 Overview
8.6.2 Others: Europe Encapsulation Market – Revenue and Forecast to 2028 (US$ Mn)
9. Europe Encapsulation Market Analysis – By Application
9.1 Overview
9.2 Europe Encapsulation Market, By Application (2020 and 2028)
9.3 Pharmaceuticals and Nutraceutical
9.3.1 Overview
9.3.2 Pharmaceuticals and Nutraceutical: Europe Encapsulation Market – Revenue and Forecast to 2028 (US$ Mn)
9.4 Food and Beverages
9.4.1 Overview
9.4.2 Food and Beverages: Europe Encapsulation Market – Revenue and Forecast to 2028 (US$ Mn)
9.5 Personal Care Products
9.5.1 Overview
9.5.2 Personal Care Products: Europe Encapsulation Market – Revenue and Forecast to 2028 (US$ Mn)
9.6 Agrochemicals
9.6.1 Overview
9.6.2 Agrochemicals: Europe Encapsulation Market – Revenue and Forecast to 2028 (US$ Mn)
9.7 Others
9.7.1 Overview
9.7.2 Others: Europe Encapsulation Market – Revenue and Forecast to 2028 (US$ Mn)
Source: The Insight Partners Analysis
10. Europe Encapsulation Market – Country Analysis
10.1 Europe Encapsulation Market
10.1.1 Europe: Encapsulation Market, by Key Country
10.1.1.1 Germany: Encapsulation Market –Revenue and Forecast to 2028 (US$ Million)
10.1.1.1.1 Germany: Encapsulation Market, by Coating Material
10.1.1.1.2 Germany: Encapsulation Market, by Technology
10.1.1.1.3 Germany: Encapsulation Market, by Application
10.1.1.2 5France: Encapsulation Market –Revenue and Forecast to 2028 (US$ Million)
10.1.1.2.1 France: Encapsulation Market, by Coating Material
10.1.1.2.2 France: Encapsulation Market, by Technology
10.1.1.2.3 France: Encapsulation Market, by Application
10.1.1.3 Italy: Encapsulation Market –Revenue and Forecast to 2028 (US$ Million)
10.1.1.3.1 Italy: Encapsulation Market, by Coating Material
10.1.1.3.2 Italy: Encapsulation Market, by Technology
10.1.1.3.3 Italy: Encapsulation Market, by Application
10.1.1.4 United Kingdom: Encapsulation Market –Revenue and Forecast to 2028 (US$ Million)
10.1.1.4.1 United Kingdom: Encapsulation Market, by Coating Material
10.1.1.4.2 United Kingdom: Encapsulation Market, by Technology
10.1.1.4.3 United Kingdom: Encapsulation Market, by Application
10.1.1.5 Russia: Encapsulation Market –Revenue and Forecast to 2028 (US$ Million)
10.1.1.5.1 Russia: Encapsulation Market, by Coating Material
10.1.1.5.2 Russia: Encapsulation Market, by Technology
10.1.1.5.3 Russia: Encapsulation Market, by Application
10.1.1.6 Rest of Europe: Encapsulation Market –Revenue and Forecast to 2028 (US$ Million)
10.1.1.6.1 Rest of Europe: Encapsulation Market, by Coating Material
10.1.1.6.2 Rest of Europe: Encapsulation Market, by Technology
10.1.1.6.3 Rest of Europe: Encapsulation Market, by Application
11. Impact of COVID-19 Pandemic on Europe Encapsulation Market
11.1 Europe Impact Assessment of COVID-19 Pandemic
12. Industry Landscape
12.1 Overview
12.2 Product Launch
12.3 Mergers & acquisition
12.4 Expansion
13. Company Profiles
13.1 Lycored
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 TasteTech
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Givaudan
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Balchem Inc.
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 FrieslandCampina
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 BASF SE
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 DSM
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Legris Industries Group
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Glossary of Terms
LIST OF TABLES
Table 1. Europe Encapsulation Market –Revenue and Forecast to 2028 (US$ Million)
Table 2. Germany Encapsulation Market, by Coating Material– Revenue and Forecast to 2028 (USD Million)
Table 3. Germany Encapsulation Market, by Technology – Revenue and Forecast to 2028 (USD Million)
Table 4. Germany Encapsulation Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 5. France Encapsulation Market, by Coating Material– Revenue and Forecast to 2028 (USD Million)
Table 6. France Encapsulation Market, by Technology– Revenue and Forecast to 2028 (USD Million)
Table 7. France Encapsulation Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 8. Italy Encapsulation Market, by Coating Material – Revenue and Forecast to 2028 (USD Million)
Table 9. Italy Encapsulation Market, by Technology – Revenue and Forecast to 2028 (USD Million)
Table 10. Italy Encapsulation Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 11. United Kingdom Encapsulation Market, by Coating Material – Revenue and Forecast to 2028 (USD Million)
Table 12. United Kingdom Encapsulation Market, by Technology – Revenue and Forecast to 2028 (USD Million)
Table 13. United Kingdom Encapsulation Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 14. Russia: Encapsulation Market, by Coating Material– Revenue and Forecast to 2028 (USD Million)
Table 15. Russia: Encapsulation Market, by Technology – Revenue and Forecast to 2028 (USD Million)
Table 16. Russia: Encapsulation Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 17. Rest of Europe Encapsulation Market, by Coating Material– Revenue and Forecast to 2028 (USD Million)
Table 18. Rest of Europe Encapsulation Market, by Technology – Revenue and Forecast to 2028 (USD Million)
Table 19. Rest of Europe Encapsulation Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 20. Glossary of Terms, Europe Encapsulation Market
LIST OF FIGURES
Figure 1. Europe Encapsulation Market Segmentation
Figure 2. Europe Encapsulation Market Segmentation – By Country
Figure 3. Europe Encapsulation Market Overview
Figure 4. Carbohydrates Segment Held Largest Share of Europe Encapsulation Market
Figure 5. Rest of Europe Held Largest Share of Europe Encapsulation Market
Figure 6. Porter’s Five Forces Analysis
Figure 7. Expert Opinion
Figure 8. Ecosystem: Europe Encapsulation Market
Figure 9. Europe Encapsulation Market Impact Analysis of Drivers and Restraints
Figure 10. Europe Encapsulation Market – Revenue and Forecast to 2028 (US$ Million)
Figure 11. Europe Encapsulation Market Revenue Share, By Coating Material (2020 and 2028)
Figure 12. Polymers: Europe Encapsulation Market – Revenue and Forecast to 2028 (US$ Mn)
Figure 13. Gums and Resins: Europe Encapsulation Market – Revenue and Forecast to 2028 (US$ Mn)
Figure 14. Lipids: Europe Encapsulation Market – Revenue and Forecast to 2028 (US$ Mn)
Figure 15. Carbohydrates: Europe Encapsulation Market – Revenue and Forecast to 2028 (US$ Mn)
Figure 16. Proteins: Europe Encapsulation Market – Revenue and Forecast to 2028 (US$ Mn)
Figure 17. Europe Encapsulation Market Revenue Share, By Technology (2020 and 2028)
Figure 18. Spray Technology: Europe Encapsulation Market – Revenue and Forecast to 2028 (US$ Mn)
Figure 19. Emulsion Technology: Europe Encapsulation Market – Revenue and Forecast to 2028 (US$ Mn)
Figure 20. Dripping Technology: Europe Encapsulation Market – Revenue and Forecast to 2028 (US$ Mn)
Figure 21. Others: Europe Encapsulation Market – Revenue and Forecast to 2028 (US$ Mn)
Figure 22. Europe Encapsulation Market Revenue Share, By Application (2020 and 2028)
Figure 23. Pharmaceuticals and Nutraceutical: Europe Encapsulation Market – Revenue and Forecast to 2028 (US$ Mn)
Figure 24. Food and Beverages: Europe Encapsulation Market – Revenue and Forecast to 2028 (US$ Mn)
Figure 25. Personal Care Products: Europe Encapsulation Market – Revenue and Forecast to 2028 (US$ Mn)
Figure 26. Agrochemicals: Europe Encapsulation Market – Revenue and Forecast to 2028 (US$ Mn)
Figure 27. Others: Europe Encapsulation Market – Revenue and Forecast to 2028 (US$ Mn)
Figure 28. Europe: Encapsulation Market – Revenue by Country to 2028 (US$ Million)
Figure 29. Europe: Encapsulation Market Revenue Share, by Key Country (2020 and 2028)
Figure 30. Germany: Encapsulation Market –Revenue and Forecast to 2028 (US$ Million)
Figure 31. France: Encapsulation Market –Revenue and Forecast to 2028 (US$ Million)
Figure 32. Italy: Encapsulation Market –Revenue and Forecast to 2028 (US$ Million)
Figure 33. United Kingdom: Encapsulation Market –Revenue and Forecast to 2028 (US$ Million)
Figure 34. Russia: Encapsulation Market –Revenue and Forecast to 2028 (US$ Million)
Figure 35. Rest of Europe: Encapsulation Market –Revenue and Forecast to 2028 (US$ Million)
Figure 36. Impact of COVID-19 Pandemic in Europe Country Markets
- Balchem Inc.
- BASF SE
- DSM
- FrieslandCampina
- Givaudan
- Legris Industries Group
- Lycored
- TasteTech
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- Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the Encapsulation Market, as well as those hindering it
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