♦ All You Need To Know About Microcapsule Market - Rising Demand, Growth, Trend, Insights for Next 5 Years

The microcapsule market is projected to grow from USD 8.7 billion in 2020 to USD 13.9 billion by 2025, at a CAGR of 9.8% from 2020 to 2025. The major reasons for the growth of the microcapsule market include increasing demand from the food industry, high demand from the pharmaceutical industry, rising demand from the agrochemical sector, increased R&D activities for process efficiency to enhance market penetration, and widespread applications of microcapsules.

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Recent Developments

• In May 2018, Givaudan S.A. announced the acquisition of the Nutrition Division of Centroflora Group (Brazil), a manufacturer of botanical extracts and dehydrated fruits for the food & beverage industry.
• In January 2018, International Flavors & Fragrances started the construction of its flavors and fragrances plant in Sri City, Andhra Pradesh, India, as India is a priority market for the company. This plant would commercialize by December 2019 and is anticipated to be India�s largest flavor and fragrance manufacturing plant.

Key Questions addressed by the report

• How will developments undertaken by various companies affect the microcapsule market in the mid- to long-term?
• What is the impact of changes in government policies on the microcapsule market?
• What is the estimated size of the microcapsule market in 2020?
• What is the largest regional market for microcapsule?

Based on End-use Industry:

• Pharmaceutical & Healthcare
• Food & Beverage
• Household & Personal Care
• Agrochemical
• Textile
• Others

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Based on Technology:

• Spray Technologies
• Emulsion Technologies
• Dripping Technologies
• Others

• Coating
• Physico-chemical
• Chemical Technologies