Italy Microencapsulation Market Size & Outlook, 2023-2030
Italy microencapsulation market, 2018-2030 (US$M)
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Italy microencapsulation market highlights
- The Italy microencapsulation market generated a revenue of USD 854.1 million in 2023 and is expected to reach USD 1,688.9 million by 2030.
- The Italy market is expected to grow at a CAGR of 10.2% 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 854.1 million |
| Market revenue in 2030 | USD 1,688.9 million |
| Growth rate | 10.2% (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, Italy accounted for 6.5% 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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Italy 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 66.49% in 2023. Horizon Databook has segmented the Italy 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.
Italy accounted for the second largest market for the microencapsulation on account of high penetration of the technology in pharmaceutical, home & personal care, food & beverages, among several other industries in the country.
The rising demand for nutritional supplements, vitamins and healthcare products owing to the increasing aging population is expected to have positive impact on microencapsulation technique over the forecast period.
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Horizon Databook provides a detailed overview of country-level data and insights on the Italy microencapsulation market , including forecasts for subscribers. This country databook contains high-level insights into Italy microencapsulation market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Italy microencapsulation market size, by application, 2018-2030 (US$M)
Italy Microencapsulation Market Outlook Share, 2023 & 2030 (US$M)
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