ACCESS Newswire
25 Jun 2020, 16:31 GMT+10
Market players in the food encapsulation market are leveraging changes in consumer behavior during the covid-19 pandemic, to increase applications in RTE food products and dietary supplements, which will support market operations in the near future
DUBAI, UAE / ACCESSWIRE / June 25, 2020 / Inflation of food prices, and food insecurity issues during the covid-19 pandemic is having significant effects on the food encapsulation market. In addition, the rising popularity of processed foods and convenience foods are driving up the demand for food encapsulation technologies.
The global food encapsulation market is expected to surpass a US$ 5.46 Bn valuation through the end of the assessment period between 2015 and 2020. The coronavirus pandemic has also resulted in a stronger demand for dietary supplements, for immune strengthening purposes. These trends will aid market growth through and after the crisis period in the months to come.
'The rapid rise in the adoption of food encapsulation in meat, beverages, seafood, and poultry applications are generating remunerative opportunities. In addition, this technology is also being used in sweetener products for confectionaries including gums and candies. Further, the higher investments towards research and development preservatives are generating novel growth opportunities, driving demand during the duration of the outbreak,' states the FMI analyst.
For more insights into the Market, request a sample of this report@ https://www.futuremarketinsights.com/reports/sample/rep-gb-380
Food Encapsulation Market- Critical Takeaways
Food Encapsulation Market- Drivers
Food Encapsulation Market- Restraints
Coronavirus Impact on Food Encapsulation Market
As the pandemic has the world in its grip, sales of processed foods and beverages has surged. Lockdown and stay at home orders have resulted in a sudden rise in consumption of ready to eat and ready to cook meals. These trends will have a positive impact on the food encapsulation market.
In addition, health concerns from the outbreak has resulted in higher demand for dietary supplements and nutraceutical products helping market growth. Demand for food encapsulation solutions and equipment will remain strong even after the pandemic is brought under control.
For information on the research approach used in the report, request methodology@ https://www.futuremarketinsights.com/askus/rep-gb-380
Competitive Landscape
Key players in the consolidated food encapsulation market are seeking strategic mergers and acquisitions with raw material suppliers and tech providers. Investments into R&D are also an essential market strategy. For instance, Minnesota based Innovative Food Processors was acquired by Balchem Corporation to bolster its Human Nutrition and Health segment. GAT Food Essentials has developed a new water-in-oil-in-water food encapsulation technology.
Sensient Technologies Corporation, Friesland Campina Kievit, Symrise AG, and International Flavors & Fragrances are some of the prominent players in the food encapsulation industry.
About the Study
The study offers readers an assessment of the food encapsulation market. Global, regional and national-level analysis of the latest trends influencing the food encapsulation market is covered in this FMI report. The study provides insights according to core material (flavoring agents, acids, bases, antioxidants, buffers, lipids, vitamins & minerals, enzymes, amino acids & peptides, and microorganisms), application (dietary supplements, dairy products, functional food, animal nutrition, bakery products, frozen products, confectionary, beverages, and others), wall material (proteins, carbohydrates, lipids & waxes) and technology (physical and chemical), in six regions (North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan, Japan, and MEA).
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About Future Market Insights
Expert analysis, actionable insights, and strategic recommendations of the veteran research team at FMI helps clients from across the globe with their unique business intelligence requirements. With a repository of over a thousand reports and 1 million+ data points, the team has scrutinized the food & beverages sector across 50+ countries for over a decade. The team provides unmatched end-to-end research and consulting services. Reach out to explore how we can help.
Contact
Mr. Abhishek Budholiya
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
For Sales Enquiries: [email protected]
For Media Enquiries: [email protected]
Market Report: https://www.futuremarketinsights.com/reports/food-encapsulation-market
Press Release Source: https://www.futuremarketinsights.com/press-release/food-encapsulation-market
SOURCE: Future Market Insights
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