Global Industry Analysts, Inc. (GIA) has released a comprehensive global report on the food encapsulation market, which shows that the market is projected to reach about $39 billion by the year 2015.
Global Industry Analysts, Inc. (GIA) has released a comprehensive global report on the food encapsulation market, which shows that the market is projected to reach about $39 billion by the year 2015. Growth in the market is especially driven by factors such as changing dietary habits, increased popularity of exotic flavors, cuisines, and gourmet varieties, rising emphasis on preservation of food quality, and speed and agility in new product innovation.
While the recent economic turmoil wreaked havoc on consumers’ personal financial security and presented numerous challenges for the food industry in general, food encapsulation technologies have remained largely shielded from the recessionary blues. Growing health awareness and time constraints, and the ensuing demand for functional and convenience foods, has and will continue to drive growth and development of the food encapsulation market. In the upcoming years, food encapsulation technologies are forecast to find lucrative niche applications in the gourmet food segment. Additionally, increased interest and adoption of these technologies will be witnessed in the infant, functional, and health food segments where food fortification ranks important and where nutritional and therapeutic ingredients need to be protected against flavor, taste, and nutritional degradation. Venture capital investments are expected to be especially high in the functional foods segment, given the rapidly aging population and growing demand for foods with disease prevention benefits.
Like any other industry, several challenges continue to frustrate the use of encapsulation technologies in food processing, such as maintaining optimum physical stability of encapsulated food, particularly nano-encapsulated foods, during processing and packaging. Ingredient manufacturers need to still iron out issues encountered in reduction in capsule sizes—“microencapsulation”—and controlled targeted release behaviors. It is therefore not surprising that a large percentage of research projects are focused on shrinking capsule sizes, and enhancing adequate bioavailability of encapsulated ingredients.
The report titled “Food Encapsulation: A Global Strategic Business Report” by Global Industry Analysts Inc., provides a review of noteworthy market trends, growth drivers, and challenges. The single segment report offers latent demand estimates and projections for food encapsulation in revenues across geographic markets, such as the United States, Canada, Japan, Europe, Asia-Pacific, Latin America, and rest of world.