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Encapsulated Flavors And Fragrances Market – By Form (Macro-encapsulated, Microencapsulated, and others), By End-user (Food & Beverages, Cleaners, Toiletries, Personal Care & Cosmetics, and Others) and By Product Category (Essential Oils & Natural Extracts, Aroma Chemicals, Flavor Blends, and Fragrance Blends): Global Industry Perspective, Market Size, Statistical Research, Market Intelligence, Comprehensive Analysis, Historical Trends, and Forecast 2021–2028

Covid-19

Global Encapsulated Flavors And Fragrances Market Size, Share

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Industry Insights

[210+ Pages Report] According to Facts and Factors, the global encapsulated flavors and fragrances market was worth about 3.27 (USD billion) in 2020 and is predicted to grow to around 4.89 (USD billion) by 2028, with a compound annual growth rate (CAGR) of around 4.6%. The report examines the encapsulated flavors and fragrances market’s drivers and restraints, as well as the impact they have on the demand during the forecast period. In addition, the report analyses global opportunities in the encapsulated flavors and fragrances market.

logoMarket Overview

The global encapsulated flavors and fragrances market has developed significantly over the years because of its potential uses in a variety of industries. Encapsulation is a process in which a substance is entrapped or covered within another substance. The coated substance is referred to as the core or active material, while the covering material is referred to as the shell. Flavors are delicate and costly ingredients that are commonly used in the food and beverage sector as additives. The majority of flavors are sealed and encapsulated to ensure their stability and integrity throughout time. Furthermore, flavor encapsulation is primarily utilized to provide improved and uniform taste, increase shelf-life, colorings, and enhance protection from harsh environmental conditions. Fragrance encapsulation is primarily utilized in the textile sector for the production of perfumed suits. Such unique selling points are expected to drive the global encapsulated flavors and fragrances market growth.

Fluid bed coating, spray drying, glass encapsulation, and spray chilling/congealing are the four types of encapsulation procedures used in the global encapsulated flavors and fragrances market. Spray drying, the most frequent and simple encapsulation process used in perfumes and flavors, accounts for a significant portion of the industry. This process entails a simple emulsifier spraying on the food goods. As a result, demand for the spray drying encapsulation technique is increasing on a daily basis, boosting demand for encapsulated tastes and fragrances globally.

logoIndustry Growth Factors

The demand for packaged food and beverages is increasing as people's lifestyles and their eating habits change. This is assisting the global market's expansion by encouraging increased demand for encapsulated flavors and fragrances. Furthermore, the global encapsulated flavors and fragrances market is growing due to increased investment by major companies and rapid technological advancement accompanied by higher R&D investment. The increased cost of encapsulating technologies, on the other hand, may limit the market's growth. The high cost of encapsulating techniques results in a higher-end product cost. Furthermore, the scarcity of food-grade materials is limiting the business in the long run. Furthermore, the industry's expansion is expected to be hindered by government rules aimed at ensuring customer safety.

Encapsulated Flavors And Fragrances Market

Nonetheless, the increasing use of encapsulated flavors and fragrances in various end-use sectors such as food & drinks, textiles, and personal care products is expected to provide a lucrative opportunity for global encapsulated flavors and fragrances market expansion. Because of the increased demand for packaged food, the encapsulated scent is widely used in packaged food and beverages. Furthermore, the aroma is encapsulated and used in textile and personal care goods. Consumers are spending more on personal care items due to rising affordability and a desire to live a healthy lifestyle. Growing consumer products and personal care industries internationally, particularly in Europe and the Asia Pacific region, are expected to drive the encapsulated flavors and fragrances market in the near future.

logoReport Scope

Report Attribute

Details

Market Size in 2020

USD 3.27 Billion

Projected Market Size in 2028

USD 4.89 Billion

CAGR Growth Rate

4.6% CAGR

Base Year

2020

Forecast Years

2021-2028

Key Market Players

Premium Foods Co. Ltd., Firmenich SA, Ingredion Incorporated, Etosha Pan, Sonarome, Lycored, BÜCHI Labortechnik AG, Sensient, Clextral, Cargill, MANE, FONA International Inc., Glatt GmbH, Tate & Lyle plc, and AVEKA., among others

Key Segment

By Form, By End-user, By Product Category, and By Region

Major Regions Covered

North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa

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logoRegional Landscape

The global encapsulated flavors and fragrances market is predicted to be dominated by North America. Because the need for functional food items is growing at a rapid rate, consumers in the United States are gravitating toward multi-ingredient and flavor products. This is due to increased consumer awareness and increased food & beverage consumption.

Germany's growing demand for encapsulated consumer items will be a major development driver. Europe is expected to be the second leading market for encapsulated flavors and fragrances, with Germany accounting for the majority of sales. The increased demand for consumer products, food & drinks, and pharmaceuticals are creating a favorable climate for market players in Germany to increase sales.

Japan is one of the world's most technologically advanced countries. In Japan, healthy beverages are in high demand. To improve the consumer experience, encapsulated flavors and fragrances are used. Furthermore, the demand for encapsulated consumer goods with extended shelf life, such as laundry detergents, household care products, and others, is exceeding global demand.

Customers of all ages are getting increasingly interested in functional food products in China. Factors such as busy schedules, increasing disposable incomes, and increased awareness of healthy dietary requirements are driving demand for functional food items in China. Controlling the release of flavors through encapsulation is a useful method. As a result, the country's businesses are heavily investing in this technology. As a result, demand will rise for real, new products with natural flavors, as well as colorants, vitamins, and phytochemicals.

Because encapsulated flavors and fragrances are more expensive than free flavors and fragrances, it will be challenging for encapsulated flavors and fragrances manufacturers to expand encapsulated flavor use in India.

By lowering the pricing of their products, new and established producers of encapsulated flavors and fragrances have a fantastic opportunity to enter the Indian market.

logoRecent Development

  • In Oct 2020, the International Flavors & Fragrances (IFF), based in the United States, has launched a new innovation center in Dubai, United Arab Emirates, for its Taste business. Snacks, savory, sweet, dairy, and beverage makers will benefit from the new lab's invention and application capabilities, according to the business. IFF hopes to address the demands of its customers in Africa, the Middle East, Turkey, and India by constructing a new LEED-certified plant in Dubai.

logoCompetitive Landscape

To access a growing number of consumers, manufacturers in the global encapsulated flavors and fragrances market are focused on expanding their online presence. They are also spending in R&D to find cost-effective methods.

Some of the main players in the global encapsulated flavors and fragrances market include Premium Foods Co. Ltd., Firmenich SA, Ingredion Incorporated, Etosha Pan, Sonarome, Lycored, BÜCHI Labortechnik AG, Sensient, Clextral, Cargill, MANE, FONA International Inc., Glatt GmbH, Tate & Lyle plc, and AVEKA.

The global encapsulated flavors and fragrances market is segmented as follows:

logoBy Form Segment Analysis

  • Macro-encapsulated
  • Microencapsulated
  • Others

logoBy End-user Segment Analysis

  • Food & Beverages
  • Cleaners
  • Toiletries
  • Personal Care & Cosmetics
  • Others

logoBy Product Category Segment Analysis

  • Essential Oils & Natural Extracts
  • Aroma Chemicals
  • Flavor Blends
  • Fragrance Blends

logoBy Regional Segment Analysis

  • North America
    • The U.S.
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Nordic countries
      • Denmark
      • Finland
      • Iceland
      • Sweden
      • Norway
    • Benelux Reunion
      • Belgium
      • The Netherlands
      • Luxembourg
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • New Zealand
    • Australia
    • South Korea
    • Southeast Asia
      • Indonesia
      • Thailand
      • Malaysia
      • Singapore
      • Rest of Southeast Asia
    • Rest of Southeast Asia
  • The Middle East & Africa
    • Saudi Arabia
    • UAE
    • Egypt
    • Kuwait
    • South Africa
    • Rest of the Middle East & Africa
  • Latin America
    • Brazil
    • Argentina
    • Rest of Latin America

Covid-19

Encapsulated Flavors And Fragrances Market

The pandemic continues to cause unprecedented disruption across industries worldwide.Get detailed insights regarding the impact of COVID-19 on the market. Request Sample

Industry Major Market Players

  • Premium Foods Co. Ltd.
  • Firmenich SA
  • Ingredion Incorporated
  • Etosha Pan
  • Sonarome
  • Lycored
  • BÜCHI Labortechnik AG
  • Sensient
  • Clextral
  • Cargill
  • MANE
  • FONA International Inc.
  • Glatt GmbH
  • Tate & Lyle plc
  • AVEKA.

Frequently Asked Questions

Flavor and odor masking, as well as nutrient delivery accuracy, are significant aspects driving the global encapsulated flavors and fragrances market. The global encapsulated flavors and fragrances market is predicted to be fueled by constantly changing consumer patterns, growing population, and rising consumer expenditure on personal care and cosmetic items.
According to the Facts & Factors report, the global encapsulated flavors and fragrances market was worth about 3.27 (USD billion) in 2020 and is predicted to grow to around 4.89 (USD billion) by 2028, with a compound annual growth rate (CAGR) of around 4.6%.
The global encapsulated flavors and fragrances market is predicted to be dominated by North America. Because the need for functional food items is growing at a rapid rate, consumers in the United States are gravitating toward multi-ingredient and flavor products. This is due to increased consumer awareness and increased food and beverage consumption.
Some of the main players in the global encapsulated flavors and fragrances market include Premium Foods Co. Ltd., Firmenich SA, Ingredion Incorporated, Etosha Pan, Sonarome, Lycored, BÜCHI Labortechnik AG, Sensient, Clextral, Cargill, MANE, FONA International Inc., Glatt GmbH, Tate & Lyle plc, and AVEKA.
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