Germany Microencapsulation Market Size & Outlook
Germany microencapsulation market, 2018-2030 (US$M)
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Germany microencapsulation market highlights
- The Germany microencapsulation market generated a revenue of USD 862.4 million in 2023 and is expected to reach USD 1,658.4 million by 2030.
- The Germany market is expected to grow at a CAGR of 9.8% from 2024 to 2030.
- In terms of segment, pharmaceutical & healthcare products was the largest revenue generating application in 2023.
- Home & Personal Care is the most lucrative application segment registering the fastest growth during the forecast period.
Microencapsulation market data book summary
| Market revenue in 2023 | USD 862.4 million |
| Market revenue in 2030 | USD 1,658.4 million |
| Growth rate | 9.8% (CAGR from 2023 to 2030) |
| Largest segment | Pharmaceutical & healthcare products |
| Fastest growing segment | Home & Personal Care |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Pharmaceutical & Healthcare products, Home & Personal Care, Food & Beverages, Agrochemicals, Construction, Textile |
| Key market players worldwide | Basf SE, Evonik Industries AG, Bayer AG, Dow Inc, 3M Co, Balchem Corp, Encapsys, GAT Microencapsulation, Ronald T. Dodge, Innovent Biologics Inc, Natural Capsules, Reed Pacific Media, LycoRed, AVEKA, Microtek Laboratories, TasteTech |
Other key industry trends
- In terms of revenue, Germany accounted for 6.6% of the global microencapsulation market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Italy microencapsulation market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 1,296.2 million by 2030.
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Microencapsulation Market Scope
Microencapsulation Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany microencapsulation market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to microencapsulation market will help companies and investors design strategic landscapes.
Pharmaceutical & healthcare products was the largest segment with a revenue share of 64.37% in 2023. Horizon Databook has segmented the Germany microencapsulation market based on pharmaceutical & healthcare products, home & personal care, food & beverages, agrochemicals, construction, textile covering the revenue growth of each sub-segment from 2018 to 2030.
Germany was the major market for the microencapsulation in Europe and accounted for over 21% of revenue share in 2017. The demand for microencapsulation in the country is rising owing to increasing use of technique in pharmaceutical production.
The technique is majorly used for the controlled release of core, protection of core material against environment, particle size reduction for enhancing solubility of purely soluble drugs, and several other factors.
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany microencapsulation market , including forecasts for subscribers. This country databook contains high-level insights into Germany microencapsulation market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany microencapsulation market size, by application, 2018-2030 (US$M)
Germany Microencapsulation Market Outlook Share, 2023 & 2030 (US$M)
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