NANOENCAPSULATION FOR FOOD PRODUCTS MARKET ANALYSIS

Nanoencapsulation is a technology, which involves packaging of nanoparticles of gas, liquids or solids within a secondary material. The nanoparticles are known as core or active, and the secondary material is known as shell or matrix. The core includes active ingredients such as drugs, biocides, perfumes and vitamins whereas, shell provides isolation and protection to the core until its being released.

Nanoencapsulation in food industry, is used to deliver essential bioactive compounds to intended areas of the body. Various processes such as nanoemulsification, nanoestructuration, and nanocomposites are used to incorporate, absorb and disperse bioactive compounds such as antioxidants, proteins, lipids, and carbohydrates within nano-sized vesicles. The application of nanoencapsulation technology in the food industry enables delivery of difficult-to-attain nutrients to the body by incorporating them in functional and fortified food products. Furthermore, nanocapsulation in the form of nanomicellees (protein-based Carrier System) and liposomes are most widely used in food supplements and functional beverages.

Market Dynamics

Steadily growing demand for functional food products with enhanced bioavailability of nutrients is majorly driving growth of the global nanoencapsulation market. Furthermore, growing demand for nutraceuticals and the availability of a wide variety of nanocarrier based nutraceutical food products, containing nano-antimicrobials and nano-antioxidants is supporting growth of the market. For instance, according to Coherent Market Insights’ analysis, the global nutraceutical ingredients market was valued at US$ 30.57 billion in 2016, and is expected to exhibit a CAGR of 7.31% over the forecast period of 2018–2025 to reach US$ 57.46 billion by 2025.

Moreover, the nanoencapsulation technology enhances the stability and shelf life of the food products, which is considered as another factor driving the growth of the global nanoencapsulation for food products market.

However, manufacturing process of nutrient nanoparticles involves usage of high-energy consuming machines, in order to break food materials into nano-sized particles. Thus, high cost of machines and high energy demand makes the nutrient nanoparticles manufacturing process expensive. Thereby, high production cost of the nutrient nanoparticles, is a major challenge to growth of the global nanoencapsulation for food products market.

Market Outlook

• In North America, the U.S. was the dominated country in the nanoencapsulation for food products market. This is majorly attributed to growing food and beverages industry in the country. According to the data provided by United States Department of Agriculture (USDA), in 2016, over 35,000 food and beverages manufacturing plants located throughout the country. Furthermore, high consumption of meat and bakery products is also propelling growth of the nanoencapsulation market in the region, as edible coatings of nanoparticles are used on vegetables, fruits, meats, and bakery products. According to the USDA, the total production of red meat in January to March 2018 was 13,166.9 million tons in the U.S. Thus, growing demand for meat products is anticipated to support growth of the nanoencapsulation for the food products market. Moreover, growing demand for food and beverages, with high vitamin content is boosting the market growth in North America, as nanoencapsulation technology is used to incorporate and absorb the vitamins within nano-sized vesicles. For instance, according to the Coherent Market Insights’ analysis, North America was dominant in the global vitamins market in 2016 and recoded high demand from the food and beverages sector.
• Asia Pacific is anticipated to record the fastest growth in the global nanoencapsulation market, during the forecast period. Owing to rising awareness towards maintaing a healthy life style, functional food and beverages are largely gaining popularity, in the region. This in turn is expected to aid in growth of the global nanoencapsulation for food products market. Furthermore, growing food processing industry in the region, is anticipated to be another driver for the market growth. For instance, according to the United States Department of Agriculture (USDA), food processing industry in Japan was valued at US$ 216.1 billion in 2016. Therefore, these factors are expected to aid in growth of the market in the region of Asia Pacific over the forecast period.

Key players in Global Nanoencapsulation for Food Products Market

Major players operating in the global nanoencapsulation for food products market include Aquanova AG, Frutarom Industries Ltd., Thies Technology Inc., Blue California, Southwest Research Institute, ANP Technologies Inc., Carlina Technologies, ANP Technologies, Encapsula NanoSciences LLC, Powderment Inc., and Matinas Biopharma Hldgs.

Nanoencapsulation for Food Products Market Taxonomy:

On the basis of application, the global nanoencapsulation for food products market is classified into:

• Food Storage
• Food Transportation
• Food Processing
• Food Packaging
• Others

On the basis of technology, the global Nanoencapsulation for Food Products market is classified into:

• Spray Congealing
• Fluid Bed Coating
• Wax and Lipids Coatings
• Melt Extrusion
• Others

Nanoencapsulation for Food Products Market Key Developments:

Major companies are adopting strategic alliances including collaborations and new product launch in order to maintain their dominance in the competitive business environment. In March 2014, Encapsula introduced two new solutions patented encapsulated water fibre and encapsulated sorbic acid along with prebiotic coating system which allows prebiotics to be incorporated into hot processed food such as chocolate and bread.

Apart from companies various organizations and research & development industries are also contributing to the new discoveries related to the nanoencapsulation for food products, which is further projected to escalate the market demand in coming years. For instance, in April 2015, researchers from Mexico developed and innovative encapsulated material called as sulforaphane which is derived from broccoli.

In September 2019, IFF-Lucas Meyer Cosmetics, subsidiary of IFF, a leading innovator of taste, nutrition, and scent, has acquired Speximo AB, a Sweden-based company developing next generation stabilization and encapsulation products which are used in development of sustainable cosmetics and personal care products with potential multiple application areas.