Microcapsules are small particles that contain an ingredient, and it is surrounded by a coating of materials including a variety of carbohydrates, food-grade polymers, fats, etc. The increasing use of microencapsulation in skincare and personal care are driving the growth of the microencapsulated ingredients market. Growing awareness about looks and appearance, also people are ready to spend more on the skincare product, are expected to drive the growth of the microencapsulated ingredients market.
MARKET DYNAMICS
Microencapsulation is a process in which ingredients such as UV filters, pigments, vitamins, and others, are encapsulated in the form of a capsule. The microencapsulated technologies protect active ingredients and mask unpleasant odors making it easy for the formulation, storage, and application of cosmetic products. Due to this advancement, the rising demand for the microencapsulation ingredients market. Advancement in cosmetic manufacturing technology and innovation in the raw material for cosmetic products offers a lucrative opportunity for the market player of the microencapsulated ingredients market.
MARKET SCOPE
The "Global Microencapsulated ingredients Market Analysis to 2028" is a specialized and in-depth study of the microencapsulated ingredients industry with a special focus on the global market trend analysis. The report aims to provide an overview microencapsulated ingredients market with detailed market segmentation by ingredients, application, and geography. The global microencapsulated ingredients market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading microencapsulated ingredients market players and offers key trends and opportunities in the microencapsulated ingredients market.
MARKET SEGMENTATION
The global microencapsulated ingredients market is segmented on the basis of ingredients, application. On the basis of ingredients the market is segmented as pigments, vitamins, UV filters, skin lightening components, essential oils, antiaging components, and active ingredients. On the basis of application the market is segmented as color cosmetics, sunscreen lotions(UV protection), whitening and lightening creams, anti-wrinkle and antiaging creams, other.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global microencapsulated ingredients market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The microencapsulated ingredients market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting microencapsulated ingredients market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the microencapsulated ingredients market in these regions.
MARKET PLAYERS
The reports cover key developments in the microencapsulated ingredients market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from microencapsulated ingredients market are anticipated to lucrative growth opportunities in the future with the rising demand for microencapsulated ingredients in the global market. Below mentioned is the list of few companies engaged in the microencapsulated ingredients market.
The report also includes the profiles of key microencapsulated ingredients companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Air Liquide
- Ashland Inc.
- BASF SE
- BIOGENICS
- CHONGQING PELLETS TECHNIQUES
- Croda International PLC
- Givaudan
- International Flavors & Fragrances Inc.
- SALVONA LLC
- Sumitomo Corporation
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.