Middle East and Africa 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 Middle East and Africa region include economies such as South Africa, Saudi Arabia, the UAE and other countries. There is an increasing use of encapsulation to control the release of food ingredients and protect them during the processing environment. The demand for dietary supplements is growing steadily in the region. There are changing consumer attitudes towards health and wellness. Increasing health consciousness amongst consumers is creating demand for dietary supplements. The demand for fortified and functional food products is also increasing in the region. Additionally, growing demand for encapsulated ingredients in personal care products will drive the growth of the market in the region.
The COVID-19 pandemic has significantly disrupted the manufacturing sector in terms of operational efficiency, owing to extended lockdowns across the region, restrictions imposed on international trades, the shutdown of manufacturing units, travel bans, supply chain disintegration, shortage in the supply of raw materials, and many other factors. In the Middle East & Africa, South Africa had the most COVID-19 cases, followed by Saudi Arabia and the UAE. Various chemicals and materials companies remained closed due to lockdowns, resulting in a decrease in the sale of various products, thereby affecting the encapsulation market. However, the implementation of effective government policies in countries like the UAE has significantly revived the industrial activities across the region, which is projected to favor the growth of the encapsulation market in the Middle East & Africa.
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Market Overview and Dynamics
The encapsulation market in Middle East & Africa is expected to grow from US$ 245.52 million in 2021 to US$ 363.96 million by 2028; it is estimated to grow at a CAGR of 5.8% from 2021 to 2028. Development of advanced technologies; numerous companies operating in the encapsulation market have made substantial investments in advanced technologies to promote the development of microencapsulation and nanoencapsulation. Modern technologies are being developed to tap niche markets. For instance, pharmaceutical companies are developing medicines for brain tumors that work through specifically operated drug delivery systems. Further, companies operating in the encapsulation market are focused on the development of new products which can display product properties, including different phase temperature change options and improvement in latent heat storage capacity. In addition, there is a growing demand for encapsulated products from the energy sector, primarily for products that can endure high-temperature ranges. Such factors are expected to provide significant growth opportunities for the market players in Middle East & Africa encapsulation market during the forecast period.
Key Market Segments
Based on coating material, the Middle East & Africa encapsulation market is segmented into polymers, gums and resins, lipids, carbohydrates, and lipids. In 2020, the carbohydrates segment held the largest share Middle East & Africa encapsulation market. Based on technology, the Middle East & Africa encapsulation market is segmented into spray technology, emulsion technology, dripping technology and others. In 2020, the spray technology segment held the largest share Middle East & Africa encapsulation market. Based on by application, the Middle East & Africa encapsulation market is segmented into pharmaceuticals and nutraceutical, food and beverages, personal care products, agrochemicals, and other. In 2020, the food and beverages segment held the largest share Middle East & Africa 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 Middle East & Africa 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; and TasteTech among others.
Reasons to buy report
- To understand the Middle East & Africa encapsulation market landscape and identify market segments that are most likely to guarantee a strong return
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- Obtain market revenue forecast for market by various segments from 2021-2028 in Middle East & Africa region.
MIDDLE EAST & AFRICA 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
- Saudi Arabia
- South Africa
- UAE
- Rest of Middle East & Africa
Company Profiles
- Balchem Inc.
- BASF SE
- DSM
- FrieslandCampina
- Givaudan
- 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. MEA 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. MEA Encapsulation Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Growing Demand for Encapsulated Flavors and Colors from Convenience Food Sector
5.1.2 Rising 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 Development of Advanced Technologies
5.4 Future Trends
5.4.1 Increasing Demand for Functional Products
5.5 Impact Analysis of Drivers and Restraints
6. Encapsulation – MEA Market Analysis
6.1 MEA Encapsulation Market Overview
6.2 MEA Encapsulation Market –Revenue and Forecast to 2028 (US$ Million)
7. MEA Encapsulation Market Analysis – By Coating Material
7.1 Overview
7.2 MEA Encapsulation Market, By Coating Material (2020 and 2028)
7.3 Polymers
7.3.1 Overview
7.3.2 Polymers: MEA Encapsulation Market – Revenue and Forecast to 2028 (US$ Mn)
7.4 Gums and Resins
7.4.1 Overview
7.4.2 Gums and Resins: MEA Encapsulation Market – Revenue and Forecast to 2028 (US$ Mn)
7.5 Lipids
7.5.1 Overview
7.5.2 Lipids: MEA Encapsulation Market – Revenue and Forecast to 2028 (US$ Mn)
7.6 Carbohydrates
7.6.1 Overview
7.6.2 Carbohydrates: MEA Encapsulation Market – Revenue and Forecast to 2028 (US$ Mn)
7.7 Proteins
7.7.1 Overview
7.7.2 Proteins: MEA Encapsulation Market – Revenue and Forecast to 2028 (US$ Mn)
8. MEA Encapsulation Market Analysis – By Technology
8.1 Overview
8.2 MEA Encapsulation Market, By Technology (2020 and 2028)
8.3 Spray Technology
8.3.1 Overview
8.3.2 Spray Technology: MEA Encapsulation Market – Revenue and Forecast to 2028 (US$ Mn)
8.4 Emulsion Technology
8.4.1 Overview
8.4.2 Emulsion Technology: MEA Encapsulation Market – Revenue and Forecast to 2028 (US$ Mn)
8.5 Dripping Technology
8.5.1 Overview
8.5.2 Dripping Technology: MEA Encapsulation Market – Revenue and Forecast to 2028 (US$ Mn)
8.6 Others
8.6.1 Overview
8.6.2 Others: MEA Encapsulation Market – Revenue and Forecast to 2028 (US$ Mn)
9. MEA Encapsulation Market Analysis – By Application
9.1 Overview
9.2 MEA Encapsulation Market, By Application (2020 and 2028)
9.3 Pharmaceuticals and Nutraceutical
9.3.1 Overview
9.3.2 Pharmaceuticals and Nutraceutical: MEA Encapsulation Market – Revenue and Forecast to 2028 (US$ Mn)
9.4 Food and Beverages
9.4.1 Overview
9.4.2 Food and Beverages: MEA Encapsulation Market – Revenue and Forecast to 2028 (US$ Mn)
9.5 Personal Care Products
9.5.1 Overview
9.5.2 Personal Care Products: MEA Encapsulation Market – Revenue and Forecast to 2028 (US$ Mn)
9.6 Agrochemicals
9.6.1 Overview
9.6.2 Agrochemicals: MEA Encapsulation Market – Revenue and Forecast to 2028 (US$ Mn)
9.7 Others
9.7.1 Overview
9.7.2 Others: MEA Encapsulation Market – Revenue and Forecast to 2028 (US$ Mn)
Source: The Insight Partners Analysis
10. MEA Encapsulation Market – Country Analysis
11. Impact of COVID-19 Pandemic on MEA Encapsulation Market
11.1 Middle East & Africa: 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
14. Appendix
14.1 About The Insight Partners
14.2 Glossary of Terms
LIST OF TABLES
Table 1. MEA Encapsulation Market –Revenue and Forecast to 2028 (US$ Million)
Table 14. Glossary of Terms, MEA Encapsulation Market
LIST OF FIGURES
Figure 1. MEA Encapsulation Market Segmentation
Figure 2. MEA Encapsulation Market Segmentation – By Country
Figure 3. MEA Encapsulation Market Overview
Figure 4. Carbohydrates Segment Held Largest Share of MEA Encapsulation Market
Figure 5. South Africa Held Largest Share of MEA Encapsulation Market
Figure 6. Porter’s Five Forces Analysis
Figure 7. Expert Opinion
Figure 8. Ecosystem: MEA Encapsulation Market
Figure 9. MEA Encapsulation Market Impact Analysis of Drivers and Restraints
Figure 10. MEA Encapsulation Market – Revenue and Forecast to 2028 (US$ Million)
Figure 11. MEA Encapsulation Market Revenue Share, By Coating Material (2020 and 2028)
Figure 12. Polymers: MEA Encapsulation Market – Revenue and Forecast to 2028 (US$ Mn)
Figure 13. Gums and Resins: MEA Encapsulation Market – Revenue and Forecast to 2028 (US$ Mn)
Figure 14. Lipids: MEA Encapsulation Market – Revenue and Forecast to 2028 (US$ Mn)
Figure 15. Carbohydrates: MEA Encapsulation Market – Revenue and Forecast to 2028 (US$ Mn)
Figure 16. Proteins: MEA Encapsulation Market – Revenue and Forecast to 2028 (US$ Mn)
Figure 17. MEA Encapsulation Market Revenue Share, By Technology (2020 and 2028)
Figure 18. Spray Technology: MEA Encapsulation Market – Revenue and Forecast to 2028 (US$ Mn)
Figure 19. Emulsion Technology: MEA Encapsulation Market – Revenue and Forecast to 2028 (US$ Mn)
Figure 20. Dripping Technology: MEA Encapsulation Market – Revenue and Forecast to 2028 (US$ Mn)
Figure 21. Others: MEA Encapsulation Market – Revenue and Forecast to 2028 (US$ Mn)
Figure 22. MEA Encapsulation Market Revenue Share, By Application (2020 and 2028)
Figure 23. Pharmaceuticals and Nutraceutical: MEA Encapsulation Market – Revenue and Forecast to 2028 (US$ Mn)
Figure 24. Food and Beverages: MEA Encapsulation Market – Revenue and Forecast to 2028 (US$ Mn)
Figure 25. Personal Care Products: MEA Encapsulation Market – Revenue and Forecast to 2028 (US$ Mn)
Figure 26. Agrochemicals: MEA Encapsulation Market – Revenue and Forecast to 2028 (US$ Mn)
Figure 27. Others: MEA Encapsulation Market – Revenue and Forecast to 2028 (US$ Mn)
Figure 34. Impact of COVID-19 Pandemic in Middle East & Africa Country Markets
- Balchem Inc.
- BASF SE
- DSM
- FrieslandCampina
- Givaudan
- TasteTech
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Middle East & Africa Encapsulation Market.
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- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth Middle East & Africa market trends and outlook coupled with the factors driving the Encapsulation Market, as well as those hindering it
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