Food encapsulation market to grow at 6% as demand for fortified, functional foods rises

According to The Business Research Company’s (TRBC) research report on the food encapsulation market, the rising demand for fortified and functional foods is expected to propel the growth of the food encapsulation market. Fortified food has added nutrients that do not occur in the food naturally. Functional food reduces the risk of disease and promotes optimal health beyond basic nutrition. Fortified and functional foods are widely used in the food encapsulation market, as they offer added nutrients or healthy ingredients.

For instance, in 2020, Switzerland-based food and beverage processing company, Nestle, delivered 196.6 billion fortified servings of food and beverages through their popular brands, including Bear Brand, Cerevita, and Maggi.

The global food encapsulation market size is expected to grow from $34.25 billion in 2021 to $36.33 billion in 2022 at a compound annual growth rate (CAGR) of 6.07%. The growth in the market is mainly due to the companies' rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The global food encapsulation market size is expected to reach $46.10 billion in 2026 at a CAGR of 6.12%.

Technological advancement is gaining popularity among food encapsulation market trends. Technological advancement is the discovery of knowledge that advances technology. For instance, in February 2022, Givaudan, a Switzerland-based manufacturer of food and flavors, launched PrimeLock+,, a breakthrough fat encapsulation technology that reduces 30% of the calories and 75% of the fat content in meat substitutes. The innovation in fat encapsulation also offers increased authenticity and flavour stabilization which allows companies to create tastier, lower-fat, plant-based products such as burgers, sausages, and meatballs while improving the eating experience.

The report also gives in-depth analysis of the impact of COVID-19 on the market. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. A highly experienced and expert team of analysts and modelers provides market analysis and forecasts. The reports identify top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.