Global Microencapsulated Oil: Overview
Increasing demand for superfood products is significantly influencing the growth of microencapsulated oil market. Newly developed encapsulation technologies are allowing manufacturers to develop water soluble oil with greater bioavailability and significantly improved stability. Superiority of oils may degrade due to the formation of unpleasant tastes and off-flavors, oxidative degradation, and generation of free radicals. Significant changes in oil will negatively affect the shelf-life, stability, and overall acceptability of the developed nutraceutical of supplement products. Hence, several end-use industries are adopting oil microencapsulation technique for manufacturing natural health products containing marine, vegetable, or essential oils.
Microencapsulation technology maintains their functional and biological properties and gives longer shelf-life to the consumable products. Gum is one of the most adopted wall materials by manufacturers for microencapsulation of oils by spray drying. However, manufacturers are investing in developing similar encapsulated effectiveness and better preservation with respect to antioxidant activity and lipid oxidation for seed oil microencapsulation. Although, microencapsulation was invented in late 1930, and has developed rigorously since the last decade, it still has significant growth opportunities.
Increasing Per Capita Consumption of Functional Food is Fuelling Market Growth in Key Regions
Global market of microencapsulated oil is likely to experience substantial growth during the forecast period, owing to increasing demand as supplement additive and growing functional food industry. Microencapsulated oil market is expected to be dominated by North America, whereas market in Europe and East Asia are expected to showcase a moderate degree growth during the forecast period.
Key players in the microencapsulated oil market are focusing on developing synthetic microencapsulated oil, especially for pharmaceutical industry. North American countries have witnessed significant rise in functional food consumption, which has consequently increased the procurement of microencapsulated oil by the local manufacturers. North America holds 86,076 number of patents for microencapsulated oil, followed by Europe with 15,627 number of patents.
Consumer’s Preference for Vegetable Oils Supplements is anticipated to Shift the Microencapsulated Oil Market
Supplements related to vegetable oils are significantly popular among the adult and geriatric population. Several health benefits such as anti-inflammatory, antioxidant, antithrombotic, antimicrobial, antiarrhythmic anti-hypertension, and anti-aging is luring consumers to adopt such types of supplements. However, vegetable oils have a comparably shorter shelf life and poor consumer acceptance due to oxidative deterioration and stabilization. To fulfill these massive demand, manufacturers are forced to adopt microencapsulated oil techniques for preservation purpose. Moreover, growth in oilseed growth is also pushing microencapsulated oil market rigorously. By 2020, world production of major oilseeds is forecasted to surpass 650 Mn Tons, thereby giving a noteworthy opportunity for the manufacturers to increase their market share by investing in proper encapsulation technology for achieve maximum efficiency.
Global Microencapsulated Oil: Segmentation
Microencapsulated oil market has been segmented into different parts based on type application, and region.
Based on oil type, the microencapsulated oil market is segmented into:
- Fish Oil
- Vegetable oil
- Nut oil
- Other oil
Based on capsulation material, the microencapsulated oil market is segmented into:
- Gums & Resins
Based on capsulation technology, the microencapsulated oil market is segmented into:
Based on capsulation end use industry, the Microencapsulated oil is segmented into:
- Dietary Supplements
- Nutraceutical Industry
Based on region, the Microencapsulated oil is segmented into:
- North America
- Latin America
- East Asia
- South Asia
Global Microencapsulated Oil Market: Key Players
In the global microencapsulated oil, prominent manufacturers are focusing on offering versatile microencapsulated oil to numerous end use industries, for overcoming chemical instability and limiting degradation of the essential oils. With rigorous focus on research and development activities prominent companies are trying to enhance microencapsulated oil for increasing its end use mainly in nutraceutical industry. Some key market participants are Clover Corporation Limited., Stepan Specialty Products LLC, The Wright Group, Koninklijke DSM N.V., BASF SE, Microbelcaps, PR LABS, Nordic Naturals, Inc., Arjuna Natural Ltd., Renolab srl, Blue California, Natural Splendid Ltd., Flo Chemical Corporation, MIKROCAPS, among other prominent players.
The research report presents a comprehensive assessment of the microencapsulated oil, and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also includes projections using a suitable set of assumptions and methodologies for the microencapsulated oil. The research report provides analysis and information according to the microencapsulated oil segmented into oil type, capsulation material, technology, end use industry, and region.
The microencapsulated oils report covers exhaustive analysis on:
- Microencapsulated oil segments
- Microencapsulated oil dynamics
- Microencapsulated oil size
- Supply & demand of microencapsulated oil
- Current trends/issues/challenges in microencapsulated oil
- Competition & companies involved in microencapsulated oil
- Value chain
Regional analysis for microencapsulated oil includes:
- North America (U.S., Canada)
- Latin America (Mexico, Brazil, Argentina, Chile, Peru, Rest of Latin America)
- Europe (Germany, Italy, France, U.K, Spain, BENELUX, Nordics, Eastern Europe, Rest of Europe)
- CIS and Russia
- Asia-Pacific (China, India, ASEAN, South Korea, Australia & New Zealand, Rest of APEJ)
- Middle East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel, Rest of MEA)
The report is a compilation of first-hand information of qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain of the microencapsulated oil. The report provides in-depth analysis of parent market trends, macro-economic indicators, and governing factors, along with market attractiveness as per segments of the microencapsulated oil. The report also maps the qualitative impact of various market factors on market segments and geographies.
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current, and projected market size. in terms of volume and value
- Recent industry trends and developments
- Competitive landscape of market
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
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