Market Trends of Food Encapsulation Industry
This section covers the major market trends shaping the Food Encapsulation Market according to our research experts:
Growing Demand of Dietary Supplement
The dietary supplements market is preliminarily driven by the paradigm shift toward preventive health management practices, amid rising healthcare costs and increasing burden of lifestyle diseases. Dietary supplements such as vitamins, minerals, Omega 3, enzymes, etc. are growing owing to increasing health awareness among consumers. Ingredients, which are difficult to gain through food, can be fulfilled through a supplement to meet the dietary requirements, where encapsulation plays a major role in order to maintain taste, color, preservation, and nutrition of the product. The Asia-Pacific is the fastest-growing market for supplements.
North America Dominate the Market
North America holds the largest share in the food encapsulation market globally. The high availability of shell materials such as hydrocolloid, emulsions and the presence of a large number of manufacturers are contributing to the growth of the region. The Asia Pacific is has witnessed significant growth in the last couple of years, owing to the increasing demand for processed food and the flourishing food and beverage industry. The growth of the region is also fuelled by rapid urbanization, rising disposable income, improving living standards, particularly in emerging countries including China and India. The growth of Europe can be attributed to the increasing advancements in technologies used in the processed food sector.