Micro Encapsulation – Trending Technology Industry

In the coming years, the global micro-encapsulation market will advance at an incremental pace of development during the forecast period. Increasing application of micro-encapsulation technique in agriculture, drug delivery, animal feed, biotechnology, food and beverages, and cosmetics market will add fuel to the growth of micro-encapsulation market further during the assessment period. Innovations in processing technique to increase the production of the microencapsulated product will foster its growing need across various industries.

Microencapsulation Market Analysis
Global Microencapsulation Market Reports, Size and Forecast 2023 by Aarkstore

Micro-encapsulation technology has high potential in the global market and is being used in various industries owing to the various advantages associated with the technique. However, the major factor restricting the growth of the market is the high cost of production. The machinery used for the encapsulation process is much costly and require skilled labor which eventually increases the cost of production. Moreover, the raw materials used in the process are also expensive and undergo thorough research for the production process.

Regional Analysis:

The global micro-encapsulation market is segmented into North America, Europe, Asia Pacific, and Rest of the World. North America region is estimated to retain its dominance throughout the forecast period of 2018-2023. The region is estimated to reach USD 4.23 billion with registering a CAGR of 10.86%. Among the North American country, the U.S. is accounting for the significant market proportion of 76% in the year 2018, and the trend is expected to continue throughout the forecast period. Europe also expected to hold a market share of 29.1% in the year 2018 and the region is projected to witness a moderate growth rate of 11.00% during the forecast period of 2018-2023. However, the Asia Pacific region is projected to witness the maximum growth rate in the global micro-encapsulation market during the forecast period.

Segments:

  • Micro-encapsulation market has been segmented on the basis of technology which comprises spray, emulsion, dripping and others.
  • On the basis of coating material, the micro-encapsulation has segmented into carbohydrates, polymers, lipids, gums & resins, proteins, and others.
  • Micro-encapsulation market has been segmented on the basis of an application which are food & beverages, personal care, households items, agrochemicals, pharmaceuticals & healthcare, and others.

Key Findings:

  • Among the technology, spray segment is expected to account for the major market proportion during the forecast period of 2018-2023.
  • On the other hand, the emulsion segment is projected to expand at a substantial growth rate of 11.73% during the forecast period.
  • Among the application, pharmaceuticals & healthcare segment is expected to witness a growth rate of 10.98% during the forecast period of 2018-2023.
  • Food & beverages are projected to expand a substantial growth rate of 12.31% during the forecast period.

As per the analysis, the global micro-encapsulation market is estimated to reach USD 12.76 billion during the forecast period 2018 to 2023 with registering A CAGR of 11.22%

The reports also cover country-level analysis: North America, U.S., Canada, Mexico, Europe, Germany, U.K, France, Italy, Spain, China, India, Japan, Australia & New Zealand.

Category: Agriculture and Food Market Research

Contact Details:

Aarkstore Enterprise
+91 7710006788 | contact@aarkstore.com | aarkstore.com

Global Aloe Vera Market’s Growth Flow.

Aloe Vera Gel is widely used for its healing and restorative properties. It belongs to the Liliaceae family and has thick green leaves which contain gel and latex. The gel consists primarily of water and the rest includes various vitamins, amino acids, enzymes, hormones, minerals, and sugars, most of which are found in the human body.

Aloe Vera Gel Market Research Agriculture Reports by Aarkstore
Aloe Vera Gel Market Report by Aarkstore

Aloe Vera gel is widely used in the food industry, cosmetic and toiletries industry, and the pharmaceutical industry. According to IMARC Group, the global aloe vera gel market was worth US$ 507.2 Million in 2017, growing at a CAGR of around 11% during 2010-2017. The market has been growing steadily over the last decade driven by varied and increasing usage of Aloe Vera gel in food, healthcare and cosmetic industries.

Aloe Vera Gel Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023 provides a comprehensive analysis of the global Aloe Vera gel market. The study segments the market on the basis of three key application areas of Aloe Vera gel in the cosmetics, food, and healthcare industries. The healthcare and cosmetics sectors are currently the two biggest drivers of Aloe Vera gel consumption. Region-wise, Thailand was the biggest producer of Aloe Vera gel accounting for around a third of the total global production. Other leading producers in the North and South American region include Mexico, Dominican Republic, United States, and Costa Rica. The report also analyses some of the key players of the Aloe Vera gel market. Forever Living Products is currently the largest producer of Aloe Vera products in the world. Other major players include Herbalife (USA), Aloecorp (China), Aloe Laboratories (USA) and Aloe Vera Australia (Australia).

The report gives a detailed roadmap for starting an Aloe Vera gel manufacturing plant. The study, done by one of the leading research and advisory firms, covers all the requisite aspects of the global Aloe Vera gel market. This ranges from a comprehensive view of the market to minute details of the industry performance, processing & manufacturing requirements, project cost, project funding, project economics, expected returns on investment, profit margins, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who are planning to foray into the Aloe Vera gel market in any manner.

Category: Food and Agriculture Market Research

Contact Details:

Aarkstore Enterprise
+91 7710006788 | contact@aarkstore.com | aarkstore.com