Global Nanoencapsulation for Food Products Market to Reach $10.2 Billion by 2027
Amid the COVID-19 crisis, the global market for Nanoencapsulation for Food Products estimated at US$7.3 Billion in the year 2020, is projected to reach a revised size of US$10.2 Billion by 2027, growing at a CAGR of 4.9% over the period 2020-2027.
The U.S. Market is Estimated at $2.2 Billion, While China is Forecast to Grow at 4.6% CAGR
The Nanoencapsulation for Food Products market in the U.S. is estimated at US$2.2 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.8 Billion by the year 2027 trailing a CAGR of 4.6% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.7% and 3.9% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4% CAGR.We bring years of research experience to this 18th edition of our report. The 69-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.Competitors identified in this market include, among others,
- Aquanova AG
- Frutarom Industries Ltd.
- Southwest Research Institute
- Thies Technology