Market Overview:
The global microencapsulated oil market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for dietary supplements, nutraceuticals, and cosmetics across the globe. In addition, the growing awareness about the benefits of using microencapsulated oils is also contributing to the growth of this market. Based on type, fish oil is expected to be one of the fastest-growing segments in this market during the forecast period. This can be attributed to its numerous health benefits such as reducing inflammation and improving heart health.
Product Definition:
Microencapsulated oil is a type of oil that has been encapsulated in a small, spherical shell. This shell can be made from various materials, including polymers or waxes. The primary purpose of microencapsulated oil is to increase the stability and shelf life of the oil. By encapsulating the oil in a protective shell, it can be prevented from being oxidized or degraded over time. Additionally, microencapsulated oils can be used to control the release of the oil into surrounding environments. For example, an encapsulated essential oil could be released slowly over time as an air freshener or room deodorizer.
Fish Oil:
Fish oil is the oily fish meat that is extracted from a fish. The most commonly used species for the extraction of omega 3 fatty acids are anchovy, horse mackerel, capelin and menhaden. The other types of oils which are also used for microencapsulation include flaxseed oil, soybean oil and canola oil.
Vegetable Oil:
Vegetable oil is a neutral, non-toxic, and colorless liquid extracted from the seeds of fruits & vegetables. It is commonly used as a cooking medium in food preparation. The product finds application in various industries such as cosmetics, pharmaceuticals, and food processing owing to its health benefits like it helps reduce cholesterol levels and blood pressure.
Application Insights:
The others application segment accounted for the largest revenue share in 2017 and is projected to witness significant growth over the forecast period. Other applications include pharmaceuticals, food additives, and cosmetics. The demand for microencapsulated oil from these industries is expected to increase as they offer various advantages such as improved stability & shelf life, bio-distribution properties, enhanced functionality & performance along with cost-effectiveness.
Microencapsulated oils are used in manufacturing of nutritional supplements on account of their high energy value (EV) which makes them a suitable replacement for conventional mineral oil based capsules. They are also used in manufacturing sports nutrition products on account of their high burn rate during exercise when compared with other forms of dietary supplements such as whey protein or amino acids which increases its marketability among athletes and fitness enthusiasts thereby propelling industry growth over the forecast period.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing product demand in countries, such as China and India. In addition, rising awareness about microencapsulation technology among end-users will fuel industry expansion over the next eight years.
The Asia Pacific region accounted for a revenue share of more than 30% in 2017 owing to high fish consumption coupled with growing health concerns regarding heavy metal contamination of oils from conventional sources like landbased sources and sea foods. This has led to an increase in demand for dietary supplements that are free from contaminants and provide enhanced health benefits leading to increased product consumption across this region which will further boost industry growth during the forecast period.
Europe was estimated as one of the largest markets for microencapsulated oil with a revenue share exceeding 20% owing to stringent regulations by various regulatory bodies pertaining nutritional products including ECOCERT, WHO etc.
Growth Factors:
- Increasing demand for encapsulated oil in food and beverage industry as a flavor enhancer
- Rising demand from pharmaceutical and nutraceutical industries for encapsulated oil as a carrier of bioactive ingredients
- Growing popularity of microencapsulated oils as an ingredient in functional foods and dietary supplements
- Technological advancements that have made microencapsulation more efficient, economical, and reliable
- Rising awareness about the health benefits of consuming encapsulated oils
Scope Of The Report
Report Attributes
Report Details
Report Title
Microencapsulated Oil Market Research Report
By Type
Fish Oil, Vegetable Oil, Nut Oil, Other Oil
By Application
Dietary Supplements, Nutraceutical Industry, Cosmetics, Others
By Companies
Clover Corporation, Stepan Specialty Products, The Wright Group, BASF, Microbelcaps, Nordic Naturals, Renolab srl, Blue California, Natural Splendid, MIKROCAPS, DSM
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
206
Number of Tables & Figures
145
Customization Available
Yes, the report can be customized as per your need.
Global Microencapsulated Oil Market Report Segments:
The global Microencapsulated Oil market is segmented on the basis of:
Types
Fish Oil, Vegetable Oil, Nut Oil, Other Oil
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
Dietary Supplements, Nutraceutical Industry, Cosmetics, 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:
- Clover Corporation
- Stepan Specialty Products
- The Wright Group
- BASF
- Microbelcaps
- Nordic Naturals
- Renolab srl
- Blue California
- Natural Splendid
- MIKROCAPS
- DSM
Highlights of The Microencapsulated Oil 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:
- Fish Oil
- Vegetable Oil
- Nut Oil
- Other Oil
- By Application:
- Dietary Supplements
- Nutraceutical Industry
- Cosmetics
- 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 Microencapsulated Oil 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
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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?
Microencapsulated oil is a type of dietary supplement that is made up of small capsules or pellets that are filled with a concentrated form of the oil. The capsules or pellets are then sealed and compressed so that the oil can be stored and delivered in a way that is convenient for consumers.
Some of the key players operating in the microencapsulated oil market are Clover Corporation, Stepan Specialty Products, The Wright Group, BASF, Microbelcaps, Nordic Naturals, Renolab srl, Blue California, Natural Splendid, MIKROCAPS, DSM.
The microencapsulated oil market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Microencapsulated Oil 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 Microencapsulated Oil Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Microencapsulated Oil 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 Microencapsulated Oil 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 Microencapsulated Oil Market Size & Forecast, 2018-2028 4.5.1 Microencapsulated Oil Market Size and Y-o-Y Growth 4.5.2 Microencapsulated Oil Market Absolute $ Opportunity
Chapter 5 Global Microencapsulated Oil 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 Microencapsulated Oil Market Size Forecast by Type
5.2.1 Fish Oil
5.2.2 Vegetable Oil
5.2.3 Nut Oil
5.2.4 Other Oil
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Microencapsulated Oil 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 Microencapsulated Oil Market Size Forecast by Applications
6.2.1 Dietary Supplements
6.2.2 Nutraceutical Industry
6.2.3 Cosmetics
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Microencapsulated Oil 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 Microencapsulated Oil 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 Microencapsulated Oil Analysis and Forecast
9.1 Introduction
9.2 North America Microencapsulated Oil 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 Microencapsulated Oil Market Size Forecast by Type
9.6.1 Fish Oil
9.6.2 Vegetable Oil
9.6.3 Nut Oil
9.6.4 Other Oil
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 Microencapsulated Oil Market Size Forecast by Applications
9.10.1 Dietary Supplements
9.10.2 Nutraceutical Industry
9.10.3 Cosmetics
9.10.4 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 Microencapsulated Oil Analysis and Forecast
10.1 Introduction
10.2 Europe Microencapsulated Oil 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 Microencapsulated Oil Market Size Forecast by Type
10.6.1 Fish Oil
10.6.2 Vegetable Oil
10.6.3 Nut Oil
10.6.4 Other Oil
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 Microencapsulated Oil Market Size Forecast by Applications
10.10.1 Dietary Supplements
10.10.2 Nutraceutical Industry
10.10.3 Cosmetics
10.10.4 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 Microencapsulated Oil Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Microencapsulated Oil 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 Microencapsulated Oil Market Size Forecast by Type
11.6.1 Fish Oil
11.6.2 Vegetable Oil
11.6.3 Nut Oil
11.6.4 Other Oil
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 Microencapsulated Oil Market Size Forecast by Applications
11.10.1 Dietary Supplements
11.10.2 Nutraceutical Industry
11.10.3 Cosmetics
11.10.4 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 Microencapsulated Oil Analysis and Forecast
12.1 Introduction
12.2 Latin America Microencapsulated Oil 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 Microencapsulated Oil Market Size Forecast by Type
12.6.1 Fish Oil
12.6.2 Vegetable Oil
12.6.3 Nut Oil
12.6.4 Other Oil
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 Microencapsulated Oil Market Size Forecast by Applications
12.10.1 Dietary Supplements
12.10.2 Nutraceutical Industry
12.10.3 Cosmetics
12.10.4 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) Microencapsulated Oil Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Microencapsulated Oil 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) Microencapsulated Oil Market Size Forecast by Type
13.6.1 Fish Oil
13.6.2 Vegetable Oil
13.6.3 Nut Oil
13.6.4 Other Oil
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) Microencapsulated Oil Market Size Forecast by Applications
13.10.1 Dietary Supplements
13.10.2 Nutraceutical Industry
13.10.3 Cosmetics
13.10.4 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 Microencapsulated Oil Market: Competitive Dashboard
14.2 Global Microencapsulated Oil Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Clover Corporation
14.3.2 Stepan Specialty Products
14.3.3 The Wright Group
14.3.4 BASF
14.3.5 Microbelcaps
14.3.6 Nordic Naturals
14.3.7 Renolab srl
14.3.8 Blue California
14.3.9 Natural Splendid
14.3.10 MIKROCAPS
14.3.11 DSM