Chocolate To Lead Flavor Encapsulation Segments


New York — The chocolate segment is anticipated to propel the global flavor encapsulation market, with an estimated value of $800 million by the end of this year and projected growth of 5.3 percent, according to Future Market Insight Global & Consulting Pvt Ltd. This segment has an expected value of more than $1 billion by the end of 2027.

The general fruit flavor sector is also anticipated to have a high compound annual growth rate, also surpassing $1 billion during the forecast period, according to Future Market Insights.

Demand for encapsulated flavors in convenience foods is sparking growth as well as increased use of spicy, exotic and ethnic flavors in developed markets, flavors that are a key strategy to attracting consumers in countries such as the U.S. and Canada, the market research firm reports.