U.S (New York)– The “North America and Europe Microencapsulated Ingredients Market” 2023 research report appears to cover various aspects of the market, including the strategies of top players, market segments, competitive landscape, manufacturing, and pricing structures. In this report, we will provide an in-depth analysis of the current state of the global North America and Europe Microencapsulated Ingredients Market, its key drivers and challenges, and its future prospects. This study contains research on market dynamics, such as SWOT, PESTLE, and Porter’s Five Forces analysis, as well as details about drivers, constraints, trends, and opportunities. These studies may assist in providing a thorough overview of the worldwide industry. Additionally, the key segments of the industry are evaluated according to their performance.
The North America & Europemicroencapsulated ingredients market was valued at $229.9million in 2018, and is projected to reach $349.2million by 2026, growing at a CAGR of 5.3% from 2019 to 2026. Microencapsulation is used increasingly in the skin care and personal care markets. Several skin care and personal care products are composed of biologically active substances that are encapsulated for increasing stability of active materials.
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According to data from the U.S. Bureau of Economic Analysis and the U.S. Census Bureau, the goods and services deficit increased by $1.9 billion from $68.7 billion in January 2023 to $70.5 billion in February. The increase in the goods and services deficit in February was due to a $2.7 billion increase in the goods deficit to $93.0 billion and a $0.8 billion increase in the services surplus to $22.4 billion. Compared to the same period in 2022, the goods and services deficit has dropped this year by $35.5 billion, or 20.3%. $49.5 billion or 10.8% more was exported. 2.2% or $14.0 billion more was spent on imports.
Topical and transdermal delivery of active cosmetic ingredients works effectively by reaching the target site within the skin. Protection of these active ingredients is necessary during formulation, storage, and application of the cosmetic product. Hence, ingredients are microencapsulated in the skin care products. Rise in use of microencapsulated ingredients in the skin care application drives the growth of the market.
Nowadays, in cosmetics industry major interest is toward applications of essential oils, vitamins, skin moisturizing agents, antiaging agents, and others. Various new techniques of microencapsulation have been developed, which have wide applications in skin care, pharmaceuticals, food industries, and cosmetics.
The North America & Europe microencapsulated ingredients market is segmented into ingredient, application, and region. By ingredient, it is categorized into pigments, vitamins, UV filters, skin lightening components, essential oils, antiaging components, and active ingredients. The vitamins segment is further segmented into Vitamin C, Vitamin E, Vitamin F, and Vitamin A (Retinol). The UV filters segment is further divided into organic materials and inorganic materials. On the basis of application, it is classified into color cosmetics, sunscreen lotions (UV protection), whitening & lightening creams, anti-wrinkle & antiaging creams, and others. By region, the market is analyzed across North America and Europe.
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KEY BENEFITS FOR STAKEHOLDERS
– The report includes in-depth analysis of different segments and provides market estimations between 2018 and 2026
– Porter’s Five Forces model illustrates the potency of buyers & sellers, which is estimated to assist the market players to adopt effective strategies
– Key market players are profiled to gain an understanding of the strategies adopted by them
– This report provides a detailed analysis of the current trends and future estimations from 2019 to 2026, which helps identify the prevailing market opportunities
KEY MARKET PLAYERS
– Air Liquide SA
– Ashland Inc.
– BASF SE
– Croda International PLC
– Clariant AG
– Kobo Products, Inc.
– Euracli
– Koehler
– Koninklijke DSM NV
– Korea Particle Technology Co. Ltd.
– Other Profiles (Givaudan SA, International Flavors & Fragrances, Inc., Lubrizol Corporation, Merck KGaA, Symrise AG, Sumitomo Corporation, Lonza Group Ltd., Lycored, Salvona LLC, Sensient Technologies Corporation, Nouryon, Reed Pacific Specialty Corporation, Chongqing Pellets Techniques & Trade Co. Ltd., Nanovetores, Biogenica, Gelyma, and Infinitec)
The other players operating in the value chain of the North America & Europe microencapsulated ingredients market are Nagase & Co. Ltd., Mibelle AG, Sunjin Beauty Science Co. Ltd., Showa Denko K.K., and Berkem.
KEY MARKET SEGMENTS
– By Ingredients
– Pigments
– Vitamins
o Vitamin C
o Vitamin E
o VitaminF
o VitaminA(Retinol)
– UV Filters
o Organic Materials
o Inorganic Materials
– Skin Lightening Components
– Active Ingredients
– Essential Oils
– Antiaging Components
– By Application
– Color Cosmetics
– Sunscreen Lotions (UV Protection)
– Whitening & Lightening Creams
– Anti-Wrinkle & Antiaging Creams
– Others
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– By Region
o North America
– U.S.
– Canada
– Mexico
o Europe
– Germany
– France
– UK
– Italy
– Spain
– Russia
– Poland
– Netherlands
– Belgium
– Sweden
– Switzerland
Table of Content:
- Report Overview
- Global Growth Trends
- Competition Landscape by Key Players
- Data Segments
- North America Market Analysis
- Europe Market Analysis
- Asia-Pacific Market Analysis
- Latin America Market Analysis
- Middle East & Africa Market Analysis
- Key Players Profiles Market Analysis
- Analysts Viewpoints/Conclusions
- Appendix
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