Encapsulated Flavors and Fragrances Market Overview
The Global Encapsulated Flavors and Fragrance Market size is expected to grow from USD 7.8 billion in 2023 to USD 13.07 billion by 2032, at a CAGR of 5.9% during the forecast period (2024-2032).
Encapsulation refers to the protection of flavoring agents or fragrance molecules by a specific envelope. Encapsulation helps to minimize the degradation or loss of flavor and fragrance during the various process and storge of the particular products. In addition, the envelope can also furnish functional properties such as controlled release of aromatic molecules in a given environment. The material that is covered is known as an active or core material, whereas the coating material is called a shell or encapsulated material. Moreover, flavors are costly and sensitive products that are utilized in food products as an additive. To perpetuate the long-term stability and integrity of the flavors present in the food products, they are encapsulated, or in other words, are protected.
Additionally, encapsulation cater uniformity, improved taste, increased shelf life, coloring, and protection of food items from harsh conditions. To protect the flavor and fragrance from the evaporation, oxidation, and moisture intake encapsulation create the barrier wall between the flavors and environment. Also, protect from other adverse effects, it assists in separating incompatible flavor constituents. Encapsulation of flavors has been commercialized by application methods such as spray drying, spray cooling, extrusion, molecular inclusion, and others.
Report Coverage:
The global market report of Encapsulated Flavors and Fragrance Market by the Introspective Market Research includes qualitative and quantitative insights. The company also offers a detailed analysis of the market size and growth rate of the possible segments. The report tracks recent developments, key players and start-up’s details that are working in the industry. The report offers surplus of information about market entry strategies, regulatory framework and reimbursement scenario.
Market Dynamics and Factors:
Drivers:
Changing the consumer lifestyles and growing demand for packaged food and beverages owing to busy and hectic schedule among the consumers leads the accelerate the market growth over period. In addition, switching consumer preferences towards the fast food, ready to eat and cook food due to time saving and fast paced life will further support the industry growth.
An increased demand for the original flavored and fragrance products is one of the major driving factors which leads to the market growth in projected period.
Technological advancement with increased R&D investments by the key players will fueled the business growth. Leading players are primarily focused on new product innovation and launches to attain market expansion is major factor to stimulate the market growth over forecast period.
Various application of encapsulate flavors and fragrance in industries such as household care, personal care, textile, will capture the market in future. Odor and flavor masking and controlled release characteristics in delivering nutrients are helps to boost the market.
Restraints:
Lack of technical assistance by the stringent government norms and rules about consumer safety, limited availability of food grade materials, high product pricing are major factors may hinder the market growth in projected period.
Opportunities:
Research and development in paper production or coating with potential developments of micro or nano system due to latest trend of renewable product will create the opportunity in upcoming years. Additionally, high quality product development, innovation in flexible food packaging’s are expected to growth for the market in projected period.
Market Segmentation
Type Insights
Based on Product, flavor blends accounted the largest share in the market due to switching consumer preferences towards the fortified food, eating habits are boost the encapsulate product demand. Furthermore, essential oils and natural extract are also fastest growing segment after flavor blend owing to increasing the health awareness and demand for natural based product by the consumers.
Based on Technology, mechanical technology segment dominates the market owing to high production capacity, economic feasibility, particle size flexibility, feedstock versatility is driving the segment in the market.
Based on Process, micro encapsulation process accounted the largest share in the market. Technological advancement benefits including precise release of the nutrients at proper place and in time are helps to boost the market.
Based on End Use, food and beverages segment dominates over the market owing to increased demand for packaged food, healthy snacks, confectionary products, and others are driving the market. In addition, increasing healthy diet pattern among the consumers smart drinks beverages helps to fueling the growth of the encapsulated flavor and fragrance market.
Based on Encapsulated Form, paste form is accounted largest demand in the market due to their unique properties such as stickiness, strong protection of flavors from environmental conditions and long shelf life with products.
Regional Analysis
Asia Pacific region accounted the major share of the market owing to rapidly growing population along with rising per capita income, an increasing growth in demand for food and beverages product, and cosmetic & personal care product are major driving factors which leads the market growth over forecast period. Rising the concern about improved product shelf life, health awareness and demand for diet food by the consumer in North America region will accelerate the market growth over forecast period.
In Europe, growing demand for packaged food product, healthy food owing to health awareness also high disposal income to spending on premium products which helps to growth of the market in projected period.
In Latina America and Middle East and Africa, growing population, high demand for cosmetics and personal care products, and significantly growing food and beverage industry with high demand by consumers and investment by the players will propel the growth in the encapsulated flavor and fragrance market during forecast period.
Players Covered in Encapsulated Flavors and Fragrances market are :
- Cargill Incorporated
- Kerry Group PLC.
- Tate and Lyle PLC.
- International Flavors and Fragrance Ltd.
- DSM
- Ingredion Incorporated
- Lycored
- Balchem Inc.
- TasteTech
- DuPont
- ABCO Laboratories Inc.
- Clextral
- Sphera Encapsulation
- Symrise
- Sensient Technologies Corporation
- Institutes of Food Technologists
- Vitasquare
- AVEKA Inc.
- BASF SE.
- Firmenich S.A.
Key Industry Developments:
- In March 2021, Ingredion Incorporated announced the partnerships with Amyris Inc., a leading synthetic biotechnology company to production of market sugar reduction and fermentation-based food ingredients.
- In May 2022, Firmenich, the world's largest privately-owned fragrance and taste company, announced it had signed a strategic partnership with ScentRealm, a leading digital scent technology pioneer based in Hangzhou, China. This collaboration brought together the expertise of a fragrance house and a sensory experience explorer, marking the first partnership of its kind in China. The alliance enabled Firmenich to enhance the fragrance and aroma experience for its customers and consumers through jointly developed digital devices.
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Global Encapsulated Flavors and Fragrance Market |
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Base Year: |
2023 |
Forecast Period: |
2024-2032 |
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Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 7.8 billion. |
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Forecast Period 2024-32 CAGR: |
5.9% |
Market Size in 2032: |
USD 13.07 billion. |
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Segments Covered: |
By Product Type |
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By Encapsulated Form |
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By Technology |
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By Application |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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1.1 Scope and Coverage
Chapter 2:Executive Summary
Chapter 3: Market Landscape
3.1 Market Dynamics
3.1.1 Drivers
3.1.2 Restraints
3.1.3 Opportunities
3.1.4 Challenges
3.2 Market Trend Analysis
3.3 PESTLE Analysis
3.4 Porter's Five Forces Analysis
3.5 Industry Value Chain Analysis
3.6 Ecosystem
3.7 Regulatory Landscape
3.8 Price Trend Analysis
3.9 Patent Analysis
3.10 Technology Evolution
3.11 Investment Pockets
3.12 Import-Export Analysis
Chapter 4: Encapsulated Flavors and Fragrances Market by By Product Type (2018-2032)
4.1 Encapsulated Flavors and Fragrances Market Snapshot and Growth Engine
4.2 Market Overview
4.3 Flavor Blends
4.3.1 Introduction and Market Overview
4.3.2 Historic and Forecasted Market Size in Value USD and Volume Units
4.3.3 Key Market Trends, Growth Factors, and Opportunities
4.3.4 Geographic Segmentation Analysis
4.4 Fragrance Blends
4.5 Essential Oils & Natural Extracts
4.6 Aroma Chemicals
4.7 Others
Chapter 5: Encapsulated Flavors and Fragrances Market by By Encapsulated Form (2018-2032)
5.1 Encapsulated Flavors and Fragrances Market Snapshot and Growth Engine
5.2 Market Overview
5.3 Powder
5.3.1 Introduction and Market Overview
5.3.2 Historic and Forecasted Market Size in Value USD and Volume Units
5.3.3 Key Market Trends, Growth Factors, and Opportunities
5.3.4 Geographic Segmentation Analysis
5.4 Past
5.5 Granules
Chapter 6: Encapsulated Flavors and Fragrances Market by By Technology (2018-2032)
6.1 Encapsulated Flavors and Fragrances Market Snapshot and Growth Engine
6.2 Market Overview
6.3 Physical Process
6.3.1 Introduction and Market Overview
6.3.2 Historic and Forecasted Market Size in Value USD and Volume Units
6.3.3 Key Market Trends, Growth Factors, and Opportunities
6.3.4 Geographic Segmentation Analysis
6.4 Physicochemical Process
6.5 Chemical Process
6.6 Extrusion
6.7 Fluid Bed
6.8 Others
Chapter 7: Encapsulated Flavors and Fragrances Market by By Application (2018-2032)
7.1 Encapsulated Flavors and Fragrances Market Snapshot and Growth Engine
7.2 Market Overview
7.3 Food & Beverages
7.3.1 Introduction and Market Overview
7.3.2 Historic and Forecasted Market Size in Value USD and Volume Units
7.3.3 Key Market Trends, Growth Factors, and Opportunities
7.3.4 Geographic Segmentation Analysis
7.4 Consumer Goods
Chapter 8: Company Profiles and Competitive Analysis
8.1 Competitive Landscape
8.1.1 Competitive Benchmarking
8.1.2 Encapsulated Flavors and Fragrances Market Share by Manufacturer (2024)
8.1.3 Industry BCG Matrix
8.1.4 Heat Map Analysis
8.1.5 Mergers and Acquisitions
8.2 ALDEN'S ORGANIC (UNITED STATES)
8.2.1 Company Overview
8.2.2 Key Executives
8.2.3 Company Snapshot
8.2.4 Role of the Company in the Market
8.2.5 Sustainability and Social Responsibility
8.2.6 Operating Business Segments
8.2.7 Product Portfolio
8.2.8 Business Performance
8.2.9 Key Strategic Moves and Recent Developments
8.2.10 SWOT Analysis
8.3 THREE TWINS ICE CREAM (UNITED STATES)
8.4 ORGANIC VALLEY (UNITED STATES)
8.5 STRAUS FAMILY CREAMERY (UNITED STATES)
8.6 BEN & JERRY'S (UNITED STATES)
8.7 NADAMOO! (UNITED STATES)
8.8 JULIE'S ORGANIC (UNITED STATES)
8.9 AMAIZIN(NETHERLANDS)
8.10 BLUE BELL CREAMERIES (UNITED STATES)
8.11 LUNA & LARRY'S COCONUT BLISS (UNITED STATES)
8.12 AVALANCHE (AUSTRALIA)
8.13 SO DELICIOUS DAIRY FREE (UNITED STATES)
8.14 GRAETER'S ICE CREAM (UNITED STATES)
8.15 YEO VALLEY (UNITED KINGDOM)
8.16 TILLAMOOK (UNITED STATES)
8.17 ORGANIC GEMINI (UNITED STATES)
8.18 COOLHAUS (UNITED STATES)
8.19 GREEN & BLACK'S (UNITED KINGDOM)
8.20 STRAUSS GROUP (ISRAEL)
8.21 BI-RITE CREAMERY (UNITED STATES)
8.22 LAKE CHAMPLAIN CHOCOLATES (UNITED STATES)
8.23 DREAM (HAIN CELESTIAL
8.24 UNITED STATES)
8.25 NESTLÉ (SWITZERLAND)
8.26 DANONE (FRANCE)
8.27 TOFUTTI BRANDS INC. (UNITED STATES)
Chapter 9: Global Encapsulated Flavors and Fragrances Market By Region
9.1 Overview
9.2. North America Encapsulated Flavors and Fragrances Market
9.2.1 Key Market Trends, Growth Factors and Opportunities
9.2.2 Top Key Companies
9.2.3 Historic and Forecasted Market Size by Segments
9.2.4 Historic and Forecasted Market Size By By Product Type
9.2.4.1 Flavor Blends
9.2.4.2 Fragrance Blends
9.2.4.3 Essential Oils & Natural Extracts
9.2.4.4 Aroma Chemicals
9.2.4.5 Others
9.2.5 Historic and Forecasted Market Size By By Encapsulated Form
9.2.5.1 Powder
9.2.5.2 Past
9.2.5.3 Granules
9.2.6 Historic and Forecasted Market Size By By Technology
9.2.6.1 Physical Process
9.2.6.2 Physicochemical Process
9.2.6.3 Chemical Process
9.2.6.4 Extrusion
9.2.6.5 Fluid Bed
9.2.6.6 Others
9.2.7 Historic and Forecasted Market Size By By Application
9.2.7.1 Food & Beverages
9.2.7.2 Consumer Goods
9.2.8 Historic and Forecast Market Size by Country
9.2.8.1 US
9.2.8.2 Canada
9.2.8.3 Mexico
9.3. Eastern Europe Encapsulated Flavors and Fragrances Market
9.3.1 Key Market Trends, Growth Factors and Opportunities
9.3.2 Top Key Companies
9.3.3 Historic and Forecasted Market Size by Segments
9.3.4 Historic and Forecasted Market Size By By Product Type
9.3.4.1 Flavor Blends
9.3.4.2 Fragrance Blends
9.3.4.3 Essential Oils & Natural Extracts
9.3.4.4 Aroma Chemicals
9.3.4.5 Others
9.3.5 Historic and Forecasted Market Size By By Encapsulated Form
9.3.5.1 Powder
9.3.5.2 Past
9.3.5.3 Granules
9.3.6 Historic and Forecasted Market Size By By Technology
9.3.6.1 Physical Process
9.3.6.2 Physicochemical Process
9.3.6.3 Chemical Process
9.3.6.4 Extrusion
9.3.6.5 Fluid Bed
9.3.6.6 Others
9.3.7 Historic and Forecasted Market Size By By Application
9.3.7.1 Food & Beverages
9.3.7.2 Consumer Goods
9.3.8 Historic and Forecast Market Size by Country
9.3.8.1 Russia
9.3.8.2 Bulgaria
9.3.8.3 The Czech Republic
9.3.8.4 Hungary
9.3.8.5 Poland
9.3.8.6 Romania
9.3.8.7 Rest of Eastern Europe
9.4. Western Europe Encapsulated Flavors and Fragrances Market
9.4.1 Key Market Trends, Growth Factors and Opportunities
9.4.2 Top Key Companies
9.4.3 Historic and Forecasted Market Size by Segments
9.4.4 Historic and Forecasted Market Size By By Product Type
9.4.4.1 Flavor Blends
9.4.4.2 Fragrance Blends
9.4.4.3 Essential Oils & Natural Extracts
9.4.4.4 Aroma Chemicals
9.4.4.5 Others
9.4.5 Historic and Forecasted Market Size By By Encapsulated Form
9.4.5.1 Powder
9.4.5.2 Past
9.4.5.3 Granules
9.4.6 Historic and Forecasted Market Size By By Technology
9.4.6.1 Physical Process
9.4.6.2 Physicochemical Process
9.4.6.3 Chemical Process
9.4.6.4 Extrusion
9.4.6.5 Fluid Bed
9.4.6.6 Others
9.4.7 Historic and Forecasted Market Size By By Application
9.4.7.1 Food & Beverages
9.4.7.2 Consumer Goods
9.4.8 Historic and Forecast Market Size by Country
9.4.8.1 Germany
9.4.8.2 UK
9.4.8.3 France
9.4.8.4 The Netherlands
9.4.8.5 Italy
9.4.8.6 Spain
9.4.8.7 Rest of Western Europe
9.5. Asia Pacific Encapsulated Flavors and Fragrances Market
9.5.1 Key Market Trends, Growth Factors and Opportunities
9.5.2 Top Key Companies
9.5.3 Historic and Forecasted Market Size by Segments
9.5.4 Historic and Forecasted Market Size By By Product Type
9.5.4.1 Flavor Blends
9.5.4.2 Fragrance Blends
9.5.4.3 Essential Oils & Natural Extracts
9.5.4.4 Aroma Chemicals
9.5.4.5 Others
9.5.5 Historic and Forecasted Market Size By By Encapsulated Form
9.5.5.1 Powder
9.5.5.2 Past
9.5.5.3 Granules
9.5.6 Historic and Forecasted Market Size By By Technology
9.5.6.1 Physical Process
9.5.6.2 Physicochemical Process
9.5.6.3 Chemical Process
9.5.6.4 Extrusion
9.5.6.5 Fluid Bed
9.5.6.6 Others
9.5.7 Historic and Forecasted Market Size By By Application
9.5.7.1 Food & Beverages
9.5.7.2 Consumer Goods
9.5.8 Historic and Forecast Market Size by Country
9.5.8.1 China
9.5.8.2 India
9.5.8.3 Japan
9.5.8.4 South Korea
9.5.8.5 Malaysia
9.5.8.6 Thailand
9.5.8.7 Vietnam
9.5.8.8 The Philippines
9.5.8.9 Australia
9.5.8.10 New Zealand
9.5.8.11 Rest of APAC
9.6. Middle East & Africa Encapsulated Flavors and Fragrances Market
9.6.1 Key Market Trends, Growth Factors and Opportunities
9.6.2 Top Key Companies
9.6.3 Historic and Forecasted Market Size by Segments
9.6.4 Historic and Forecasted Market Size By By Product Type
9.6.4.1 Flavor Blends
9.6.4.2 Fragrance Blends
9.6.4.3 Essential Oils & Natural Extracts
9.6.4.4 Aroma Chemicals
9.6.4.5 Others
9.6.5 Historic and Forecasted Market Size By By Encapsulated Form
9.6.5.1 Powder
9.6.5.2 Past
9.6.5.3 Granules
9.6.6 Historic and Forecasted Market Size By By Technology
9.6.6.1 Physical Process
9.6.6.2 Physicochemical Process
9.6.6.3 Chemical Process
9.6.6.4 Extrusion
9.6.6.5 Fluid Bed
9.6.6.6 Others
9.6.7 Historic and Forecasted Market Size By By Application
9.6.7.1 Food & Beverages
9.6.7.2 Consumer Goods
9.6.8 Historic and Forecast Market Size by Country
9.6.8.1 Turkiye
9.6.8.2 Bahrain
9.6.8.3 Kuwait
9.6.8.4 Saudi Arabia
9.6.8.5 Qatar
9.6.8.6 UAE
9.6.8.7 Israel
9.6.8.8 South Africa
9.7. South America Encapsulated Flavors and Fragrances Market
9.7.1 Key Market Trends, Growth Factors and Opportunities
9.7.2 Top Key Companies
9.7.3 Historic and Forecasted Market Size by Segments
9.7.4 Historic and Forecasted Market Size By By Product Type
9.7.4.1 Flavor Blends
9.7.4.2 Fragrance Blends
9.7.4.3 Essential Oils & Natural Extracts
9.7.4.4 Aroma Chemicals
9.7.4.5 Others
9.7.5 Historic and Forecasted Market Size By By Encapsulated Form
9.7.5.1 Powder
9.7.5.2 Past
9.7.5.3 Granules
9.7.6 Historic and Forecasted Market Size By By Technology
9.7.6.1 Physical Process
9.7.6.2 Physicochemical Process
9.7.6.3 Chemical Process
9.7.6.4 Extrusion
9.7.6.5 Fluid Bed
9.7.6.6 Others
9.7.7 Historic and Forecasted Market Size By By Application
9.7.7.1 Food & Beverages
9.7.7.2 Consumer Goods
9.7.8 Historic and Forecast Market Size by Country
9.7.8.1 Brazil
9.7.8.2 Argentina
9.7.8.3 Rest of SA
Chapter 10 Analyst Viewpoint and Conclusion
10.1 Recommendations and Concluding Analysis
10.2 Potential Market Strategies
Chapter 11 Research Methodology
11.1 Research Process
11.2 Primary Research
11.3 Secondary Research
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Global Encapsulated Flavors and Fragrance Market |
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|
Base Year: |
2023 |
Forecast Period: |
2024-2032 |
|
Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 7.8 billion. |
|
Forecast Period 2024-32 CAGR: |
5.9% |
Market Size in 2032: |
USD 13.07 billion. |
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Segments Covered: |
By Product Type |
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By Encapsulated Form |
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By Technology |
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By Application |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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Frequently Asked Questions :
The forecast period in the Encapsulated Flavors And Fragrance Market research report is 2024-2032.
Cargill Incorporated, Kerry Group PLC., Tate and Lyle PLC., International Flavors and Fragrance Ltd., DSM, Ingredion Incorporated, Lycored, Balchem Inc., TasteTech, DuPont, ABCO Laboratories Inc., Clextral, Sphera Encapsulation, Symrise, Sensient Technologies Corporation, Institutes of Food Technologists, Vitasquare, AVEKA Inc., BASF SE., Firmenich S.A. and other major players.
Encapsulation refers to the protection of flavoring agents or fragrance molecules by a specific envelope. Encapsulation helps to minimize the degradation or loss of flavor and fragrance during the various process and storage of the particular products.
The Global Encapsulated Flavors and Fragrance Market size is expected to grow from USD 7.8 billion in 2023 to USD 13.07 billion by 2032, at a CAGR of 5.9% during the forecast period (2024-2032).
