Market Overview:
The global encapsulated flavours market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X%. The market growth can be attributed to the increasing demand for convenience foods and functional foods. In addition, the growing awareness about the benefits of encapsulated flavours is also fuelling the demand for these products. On the basis of type, citric flavours are expected to account for a major share of the global encapsulated flavours market during 2018-2030. This can be attributed to their ability to impart a sour taste as well as enhance flavour in food products. Berry flavoured capsules are also anticipated to witness high growth during the forecast period owing to their popularity among consumers across different regions.
Product Definition:
Encapsulated flavours are a type of flavourant that is used to impart a desired taste or smell to a food or beverage. These flavours are typically encapsulated in some type of coating that allows them to be released slowly and evenly over time. This can help to create a more consistent flavour profile for the food or beverage in question. Additionally, encapsulated flavours can also help to mask any unpleasant tastes or smells that may be present in the product.
Citric Flavours:
Citric flavoring is a group of fruits that are used as natural flavoring agents in food products. Citrus fruits such as lemons, limes, oranges and grapefruit are the most common sources for citric flavouring. Other fruit types include pears, apples and mandarin orange among others.
Berry Flavours:
berry flavours is a combination of natural fruit ingredients that give the product a natural taste. Berry flavouring agents are used in encapsulated flavors to enhance their aroma and provide them with texture.
berry flavouring agents can be sourced from any part of the plant, but for ease of production most commonly they are derived from berries (such as strawberry, blueberry, raspberry and blackberry).
Application Insights:
Beverages and instant drinks was the largest application segment in 2017, accounting for over 30.0% share of the global encapsulated flavours market. The segment is expected to witness significant growth on account of growing demand for energy drinks, alcoholic and non-alcoholic ready-to-drink beverages, functional foods, juices and nectars from major consumer countries including Germany, China Japan U.K., U.S.
Regional Analysis:
Europe accounted for the largest share of more than 35.0% in 2017 owing to high demand from countries, such as U.K., Germany, Italy, and France among others. The market is driven by growing consumer awareness regarding health benefits associated with flavoured milk and dairy products along with increasing usage of ready-to-eat food products in the region over time.
Asia Pacific is expected to be one of the fastest growing regional markets due to rising product demand from emerging economies including China and India among others over a long period of time on account of changing lifestyle coupled with increasing disposable income levels in these countries which will drive industry growth further during forecast years 2018 - 2030 in terms of revenue generation at a CAGR 6.1% between 2018 & 2030 in terms of volume also supported by government initiatives encouraging foreign direct investments especially FDI are anticipated to boost production capacity leading towards higher consumption volumes over next eight years or so).
Growth Factors:
- Increasing demand for convenience foods: The growing trend of busy lifestyles has led to an increase in the demand for convenient foods that can be easily prepared. This is providing a boost to the encapsulated flavours market as they offer ease of use and convenience.
- Rising awareness about health benefits of encapsulated flavours: There is a growing awareness among consumers about the health benefits of using encapsulated flavours. This is driving demand for these products as people are looking for healthier alternatives to traditional flavouring agents.
- Growing popularity of functional foods: The increasing popularity of functional foods is another key growth driver for the encapsulated flavours market. Functional foods are those that offer additional health benefits beyond basic nutrition, and this is where encapsulated flavours come into play as they can help improve the taste, texture, and nutritional value of food products.
Scope Of The Report
Report Attributes
Report Details
Report Title
Encapsulated Flavours Market Research Report
By Type
Citric Flavours, Berry Flavours, Spice Flavours, Nut Flavours, General Fruit Flavours, Others
By Application
Bakery & Confectionary, Cereal and Oatmeal, Snack Food, Frozen Food, Dairy Products, Beverages & Instant Drinks, Pharmaceutical & Personal Care, Others
By Companies
Symrise, Cargill, Nexira, AVEKA, Naturex, Archer Daniels Midland, International Flavours & Fragrances, Sensient, Balchem, Synthite, Symrise, Ingredion
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
200
Number of Tables & Figures
140
Customization Available
Yes, the report can be customized as per your need.
Global Encapsulated Flavours Market Report Segments:
The global Encapsulated Flavours market is segmented on the basis of:
Types
Citric Flavours, Berry Flavours, Spice Flavours, Nut Flavours, General Fruit Flavours, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Bakery & Confectionary, Cereal and Oatmeal, Snack Food, Frozen Food, Dairy Products, Beverages & Instant Drinks, Pharmaceutical & Personal Care, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Symrise
- Cargill
- Nexira
- AVEKA
- Naturex
- Archer Daniels Midland
- International Flavours & Fragrances
- Sensient
- Balchem
- Synthite
- Symrise
- Ingredion
Highlights of The Encapsulated Flavours Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Citric Flavours
- Berry Flavours
- Spice Flavours
- Nut Flavours
- General Fruit Flavours
- Others
- By Application:
- Bakery & Confectionary
- Cereal and Oatmeal
- Snack Food
- Frozen Food
- Dairy Products
- Beverages & Instant Drinks
- Pharmaceutical & Personal Care
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Encapsulated Flavours Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Encapsulated flavours are a type of flavouring that is encapsulated in a hard shell. This hard shell protects the flavour from degradation and makes it more stable.
Some of the major companies in the encapsulated flavours market are Symrise, Cargill, Nexira, AVEKA, Naturex, Archer Daniels Midland, International Flavours & Fragrances, Sensient, Balchem, Synthite, Symrise, Ingredion.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Encapsulated Flavours Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Encapsulated Flavours Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Encapsulated Flavours Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Encapsulated Flavours Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Encapsulated Flavours Market Size & Forecast, 2020-2028 4.5.1 Encapsulated Flavours Market Size and Y-o-Y Growth 4.5.2 Encapsulated Flavours Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Citric Flavours
5.2.2 Berry Flavours
5.2.3 Spice Flavours
5.2.4 Nut Flavours
5.2.5 General Fruit Flavours
5.2.6 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Bakery & Confectionary
6.2.2 Cereal and Oatmeal
6.2.3 Snack Food
6.2.4 Frozen Food
6.2.5 Dairy Products
6.2.6 Beverages & Instant Drinks
6.2.7 Pharmaceutical & Personal Care
6.2.8 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Encapsulated Flavours Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Encapsulated Flavours Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Citric Flavours
9.6.2 Berry Flavours
9.6.3 Spice Flavours
9.6.4 Nut Flavours
9.6.5 General Fruit Flavours
9.6.6 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Bakery & Confectionary
9.10.2 Cereal and Oatmeal
9.10.3 Snack Food
9.10.4 Frozen Food
9.10.5 Dairy Products
9.10.6 Beverages & Instant Drinks
9.10.7 Pharmaceutical & Personal Care
9.10.8 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Citric Flavours
10.6.2 Berry Flavours
10.6.3 Spice Flavours
10.6.4 Nut Flavours
10.6.5 General Fruit Flavours
10.6.6 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Bakery & Confectionary
10.10.2 Cereal and Oatmeal
10.10.3 Snack Food
10.10.4 Frozen Food
10.10.5 Dairy Products
10.10.6 Beverages & Instant Drinks
10.10.7 Pharmaceutical & Personal Care
10.10.8 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Citric Flavours
11.6.2 Berry Flavours
11.6.3 Spice Flavours
11.6.4 Nut Flavours
11.6.5 General Fruit Flavours
11.6.6 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Bakery & Confectionary
11.10.2 Cereal and Oatmeal
11.10.3 Snack Food
11.10.4 Frozen Food
11.10.5 Dairy Products
11.10.6 Beverages & Instant Drinks
11.10.7 Pharmaceutical & Personal Care
11.10.8 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Citric Flavours
12.6.2 Berry Flavours
12.6.3 Spice Flavours
12.6.4 Nut Flavours
12.6.5 General Fruit Flavours
12.6.6 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Bakery & Confectionary
12.10.2 Cereal and Oatmeal
12.10.3 Snack Food
12.10.4 Frozen Food
12.10.5 Dairy Products
12.10.6 Beverages & Instant Drinks
12.10.7 Pharmaceutical & Personal Care
12.10.8 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Citric Flavours
13.6.2 Berry Flavours
13.6.3 Spice Flavours
13.6.4 Nut Flavours
13.6.5 General Fruit Flavours
13.6.6 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Bakery & Confectionary
13.10.2 Cereal and Oatmeal
13.10.3 Snack Food
13.10.4 Frozen Food
13.10.5 Dairy Products
13.10.6 Beverages & Instant Drinks
13.10.7 Pharmaceutical & Personal Care
13.10.8 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Encapsulated Flavours Market: Competitive Dashboard
14.2 Global Encapsulated Flavours Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Symrise
14.3.2 Cargill
14.3.3 Nexira
14.3.4 AVEKA
14.3.5 Naturex
14.3.6 Archer Daniels Midland
14.3.7 International Flavours & Fragrances
14.3.8 Sensient
14.3.9 Balchem
14.3.10 Synthite
14.3.11 Symrise
14.3.12 Ingredion