South America Encapsulation Market

Market Introduction

The South America region include economies such as Brazil, Argentina, and other countries. The demand for natural and nutritional ingredients is increasing in the region. Changes in consumption habits of consumer such as the increasing awareness about benefits of eating healthy are creating new opportunities in the active nutrition ingredients space.  The demand for nutraceuticals, supplements and functional food is significantly growing in the region. The market for encapsulated ingredients is expanding, as consumers are adding more supplements and functional food products to their routine. Moreover, the players operating in the region are focusing on providing high performance and safe ingredients for various applications such as nutritional, pharmaceutical and cosmetic applications. Due to all these factors, the encapsulation market is expected to grow in the region during the forecast period.

The country with the most confirmed COVID-19 cases in South America was Brazil, followed by Argentina, Peru, Chile, and Ecuador. The COVID-19 pandemic has significantly disrupted the manufacturing sector in terms of operational efficiency, owing to extended lockdowns, 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. However, 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 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.

South America Encapsulation Strategic Insights

Strategic insights for the South America Encapsulation provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

South America Encapsulation Report Scope

South America Encapsulation Regional Insights

The geographic scope of the South America Encapsulation refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

The encapsulation market in South America is expected to grow from US$ 922.78 million in 2021 to US$ 1,723.97 million by 2028; it is estimated to grow at a CAGR of 9.3% 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 South America encapsulation market during the forecast period. This is bolstering the growth of the encapsulation market.

Key Market Segments

Based on coating material, the South America encapsulation market is segmented into polymers, gums and resins, lipids, carbohydrates, and lipids. In 2020, the carbohydrates segment held the largest share South America encapsulation market. Based on technology, the South America encapsulation market is segmented into spray technology, emulsion technology, dripping technology and others. In 2020, the spray technology segment held the largest share South America encapsulation market. Based on by application, the South America 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 South America 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 South America 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 South America 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 South America encapsulation market
• Efficiently plan M&A and partnership deals in South America 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 South America Encapsulation Market
• Obtain market revenue forecast for market by various segments from 2021-2028 in South America region.

SOUTH AMERICA ENCAPSULATION MARKET SEGMENTATION

By Coating Material

• Polymers
• Gums and Resins
• Lipids
• Carbohydrates
• Proteins

By

Technology

• Spray Technology
• Emulsion Technology
• Dripping Technology
• Others

By

Application

• Pharmaceuticals and Nutraceutical
• Food and Beverages
• Personal Care Products
• Agrochemicals
• Others

By Country

• Brazil
• Argentina
• Rest of South America

Company Profiles

• Balchem Inc.
• BASF SE
• DSM
• FrieslandCampina
• Givaudan
• TasteTech