Japan Microencapsulation Market Size & Outlook, 2023-2030
Japan microencapsulation market, 2018-2030 (US$M)
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Japan microencapsulation market highlights
- The Japan microencapsulation market generated a revenue of USD 509.7 million in 2023 and is expected to reach USD 1,119.6 million by 2030.
- The Japan market is expected to grow at a CAGR of 11.9% 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 509.7 million |
| Market revenue in 2030 | USD 1,119.6 million |
| Growth rate | 11.9% (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, Japan accounted for 3.9% 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 Asia Pacific, China microencapsulation market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 887.4 million by 2030.
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Microencapsulation Market Scope
Microencapsulation Market Companies
| Name | Profile | # Employees | HQ | Website |
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Japan 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 66.67% in 2023. Horizon Databook has segmented the Japan 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.
Japan was the second largest market for microencapsulation technology in Asia Pacific accounting over 14% of the overall demand. The demand for the technology in the Japan is expected to grow on account of high investments in the pharmaceutical sector in the country.
Increasing scope for the technology in the growing nutritional supplements and food & beverage sector with increasing aging population is expected to be the key reason for the industry growth over the projected period from 2018 to 2025.
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Horizon Databook provides a detailed overview of country-level data and insights on the Japan microencapsulation market , including forecasts for subscribers. This country databook contains high-level insights into Japan microencapsulation market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Japan microencapsulation market size, by application, 2018-2030 (US$M)
Japan Microencapsulation Market Outlook Share, 2023 & 2030 (US$M)
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