Market revenue in 2023 | USD 273.0 million |
Market revenue in 2030 | USD 573.6 million |
Growth rate | 11.2% (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 |
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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.
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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