Malaysia Microencapsulation Market Size & Outlook

The microencapsulation market in Malaysia is expected to reach a projected revenue of US$ 573.6 million by 2030. A compound annual growth rate of 11.2% is expected of Malaysia microencapsulation market from 2024 to 2030.
Revenue, 2023 (US$M)
$273.0
Forecast, 2030 (US$M)
$573.6
CAGR, 2024 - 2030
11.2%
Report Coverage
Malaysia

Malaysia microencapsulation market highlights

  • The Malaysia microencapsulation market generated a revenue of USD 273.0 million in 2023 and is expected to reach USD 573.6 million by 2030.
  • The Malaysia market is expected to grow at a CAGR of 11.2% 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 2023USD 273.0 million
Market revenue in 2030USD 573.6 million
Growth rate11.2% (CAGR from 2023 to 2030)
Largest segmentPharmaceutical & healthcare products
Fastest growing segmentHome & Personal Care
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationPharmaceutical & Healthcare products, Home & Personal Care, Food & Beverages, Agrochemicals, Construction, Textile
Key market players worldwideBasf 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, Malaysia accounted for 2.1% 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 Companies

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Malaysia 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 67.99% in 2023. Horizon Databook has segmented the Malaysia 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.


Microencapsulation market in Malaysia is expected to grow over the period from 2018 to 2025. Consumer demand for functional, minimally processed fresh, organic and natural foods is growing in the country and it has major impact on driving the demand for the process.

Demand for food and beverage appropriate for people with allergies and other special needs such as diabetes, lactose free foods, and gluten free foods is expected to continue to grow with a rapid urbanization and rising income of the population. The big rise in the incidences of non-communicable diseases and increasing healthcare spending is expected to have a major impact on market growth.

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Horizon Databook provides a detailed overview of country-level data and insights on the Malaysia microencapsulation market , including forecasts for subscribers. This country databook contains high-level insights into Malaysia microencapsulation market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Malaysia microencapsulation market size, by application, 2018-2030 (US$M)

Malaysia Microencapsulation Market Outlook Share, 2023 & 2030 (US$M)

Malaysia microencapsulation market size, by application, 2018-2030 (US$M)

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