Growing trend of ready-to-eat foods is fostering the growth of the food encapsulation market

 

Food Encapsulation Market

Food Encapsulation is the process of covering a solid product with a tough coating so as to prevent a wide range of external conditions from damaging it. Food encapsulation is like wrapping a tough outer protective shell around a solid grouping or core of flavorings. These products are usually exposed to varying degrees of temperature and also to various types of light, and it becomes important to them that they are resistant to such conditions and able to retain their freshness. Food encapsulation has immense benefits for a variety of beverage and food manufacturers but is facing increasing competition from a number of companies in recent times. Encapsulation allows products to be stored at a lower temperature for longer durations.

Growing health awareness among consumers and increasing demand for organic, healthy, and convenient food products are driving the growth of the food encapsulation market. It is widely used in dietary supplements, functional food, bakery products, confectionery, beverages, animal nutrition, frozen products, dairy products, and others. Thus growing used of food encapsulation in the preparation of a variety of food is again fostering the growth of the food encapsulation market. The growing trend of ready-to-eat foods that require considerable shelf life and should maintain the color and flavor of the food is again creating demand for food encapsulation.

Key players covered include TasteTech Ltd., Givaudan SA ADR, Sensient Technologies Corporation, Balchem Corporation, International Flavors & Fragrances Inc., BASF SE (ADR), Symrise AG, Appvion, Inc., AVEKA Group, Firmenich International SA, and Koninklijke DSM N.V.

The Asia Pacific is expected to gain significant growth over the forecast period and this is attributed to the robust growth of the food industry coupled with the increasing demand for functional food products. According to the India Brand Equity Foundation, the Indian food processing industry accounts for 32 percent of the country’s total food market, one of the largest industries in India and is ranked fifth in terms of production, consumption, export, and expected growth. It contributes around 8.80 and 8.39 percent of Gross Value Added (GVA) in Manufacturing and Agriculture respectively, 13 percent of India’s exports and six percent of total industrial investment.

In November 2019, Givaudan has unveiled what it describes as new breakthrough fat encapsulation technology which it claims can help reduce up to 75% of the fat content and 30% of the calories in meat substitutes compared to current market products.


Location: India

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