In the coming years, the global micro-encapsulation market will advance at an incremental pace of development during the forecast period. Increasing application of micro-encapsulation technique in agriculture, drug delivery, animal feed, biotechnology, food and beverages and cosmetics market will add fuel to the growth of micro-encapsulation market further during the assessment period. Innovations in processing technique to increase the production of the micro-encapsulated product will foster its growing need across various industries.
Micro-encapsulation technology has high potential in the global market and is being used in various industries owing to various advantages associated with the technique. However, the major factor restricting the growth of the market is the high cost of production. The machinery used for the encapsulation process is much costly and require skilled labor which eventually increases the cost of production. Moreover, the raw materials used in the process are also expensive and undergo thorough research for the production process.
Regional Analysis:
The global micro-encapsulation market is segmented into North America, Europe, Asia Pacific, and Rest of the World. North America region is estimated to retain its dominance throughout the forecast period of 2018-2023. The region is estimated to reach USD 4.23 billion with registering a CAGR of 10.86%. Among the North American country, the U.S. is accounting for the significant market proportion of 76% in the year of 2018, and the trend is expected to continue throughout the forecast period. Europe also expected to hold a market share of 29.1% in the year of 2018 and the region is projected to witness a moderate growth rate of 11.00% during the forecast period of 2018-2023. However, Asia Pacific region is projected to witness the maximum growth rate in the global micro-encapsulation market during the forecast period.
Segments:
Micro-encapsulation market has been segmented on the basis of technology which comprises spray, emulsion, dripping and others
On the basis of coating material, the micro-encapsulation has segmented into carbohydrates, polymers, lipids, gums & resins, proteins and others
Micro-encapsulation market has been segmented on the basis of an application which are food & beverages, personal care, household’s items, agrochemicals, pharmaceuticals & healthcare and others
Key Players:
The leading market players in the global micro-encapsulation market primarily are Givaudan SA (Switzerland), International Flavors & Fragrance, Inc. (U.S.), Symrise AG (Germany), Balchem Corp. (U.S.), Syngenta AG (Switzerland), BASF SE (Germany), Bayer AG (Germany), Royal FrieslandCampina N.V. (Netherlands), LycoRed Ltd. (Israel), and Encapsys, LLC (U.S.)
Target Audience:
• Food & beverages manufacturers
• Micro-encapsulation manufacturers
• Raw material suppliers
• End users (food & beverages industry)
• Retailers and wholesalers
• E-commerce companies
• Traders, importers, and exporters
Key Findings:
• Among the technology, spray segment is expected to account for the major market proportion during the forecast period of 2018-2023. On the other hand, the emulsion segment is projected to expand at a substantial growth rate of 11.73% during the forecast period.
• Among the application, pharmaceuticals & healthcare segment is expected to witness a growth rate of 10.98% during the forecast period of 2018-2023. Food & beverages are projected to expand a substantial growth rate of 12.31% during the forecast period.
Regional and Country Analysis of micro-encapsulation Market Development and Demand Forecast to 2023 Market:
As per the MRFR analysis, the global micro-encapsulation market is estimated to reach USD 12.76 billion during the forecast period 2018 to 2023 with registering A CAGR of 11.22%
The reports also cover country-level analysis:
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o U.K
o France
o Italy
o Spain
o Rest of Europe
• Asia Pacific
o China
o India
o Japan
o Australia & New Zealand
o Rest of Asia Pacific
• Rest of the World
o Latin America
o Middle East
o Africa
Table of Contents:
1 Executive Summary
2 Market Introduction
2.1 Definition
2.2 Scope of the Study
2.3 Assumptions
2.4 Market Structure
2.5 Key Takeaways
2.6 Key Buying Criteria
3 Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
3.5 Forecast Model
4 Market Dynamics
4.1 Introduction
4.2 Drivers
4.2.1 Increasing demand for functional foods
4.2.2 Increased demand from the Agricultural industry
4.2.3 Growing awareness towards micro-encapsulated fortified food
4.2.4 Drivers Impact Analysis
4.3 Restraints
4.3.1 High cost of production
4.4 Opportunities
4.4.1 Acceptance of micro-encapsulation by various industries
4.4.2 Asia-Pacific region to serve as a revenue pocket for micro-encapsulation market
4.5 Challenges
4.5.1 Lower stability of micro-encapsulating materials
5 Market Factor Analysis
5.1 Value Chain Analysis
5.2 Supply Chain Analysis
5.3 Porter’s Five Forces Analysis
5.3.1 Threat of New Entrants
5.3.2 Threat of Substitutes
5.3.3 Bargaining Power of Buyers
5.3.4 Bargaining Power of Suppliers
5.3.5 Rivalry
6 Global Micro-encapsulation Market, By Technology
6.1 Overview
6.1.1 Spray
6.1.2 Emulsion
6.1.3 Dripping
6.1.4 Others
7 Global Micro-encapsulation Market, By Coating Material
7.1 Overview
7.1.1 Carbohydrates
7.1.2 Polymers
7.1.3 Lipids
7.1.4 Gums & Resins
7.1.5 Proteins
7.1.6 Others
8 Global Micro-encapsulation Market, By Application
8.1 Overview
8.1.1 Foods & Beverages
8.1.2 Personal Care
8.1.3 Household Items
8.1.4 Agrochemicals
8.1.5 Pharmaceutical & Health Care
8.1.6 Others
9 Global Micro-encapsulation Market, By Region
9.1 Introduction
9.2 North America
9.2.1 U.S.
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 U.K
9.3.2 Germany
9.3.3 France
9.3.4 Italy
9.3.5 Spain
9.3.6 Rest of Europe
9.4 Asia Pacific
9.4.1 China
9.4.2 India
9.4.3 Japan
9.4.4 Australia & New Zealand
9.4.5 Rest of Asia Pacific
9.5 Rest of the World
9.5.1 Latin America
9.5.2 Middle East
9.5.3 Africa
10 Competitive Landscape
11 Company Profiles
11.1 Givaudan SA
11.1.1 Company Overview
11.1.2 Financial Overview
11.1.3 Products Offerings
11.1.4 Key Developments
11.1.5 SWOT Analysis
11.1.6 Key Strategy
11.2 International Flavors & Fragrances, Inc.
11.2.1 Company Overview
11.2.2 Financial Overview
11.2.3 Products Offerings
11.2.4 Key Developments
11.2.5 SWOT Analysis
11.2.6 Key Strategy
11.3 Symrise AG
11.3.1 Company Overview
11.3.2 Financial Overview
11.3.3 Products Offerings
11.3.4 Key Developments
11.3.5 SWOT Analysis
11.3.6 Key Strategy
11.4 Balchem Corp.
11.4.1 Company Overview
11.4.2 Financial Overview
11.4.3 Products Offerings
11.4.4 Key Developments
11.4.5 SWOT Analysis
11.4.6 Key Strategy
11.5 Syngenta AG
11.5.1 Company Overview
11.5.2 Financial Overview
11.5.3 Products Offerings
11.5.4 Key Developments
11.5.5 SWOT Analysis
11.5.6 Key Strategy
11.6 BASF SE
11.6.1 Company Overview
11.6.2 Financial Overview
11.6.3 Products Offerings
11.6.4 Key Developments
11.6.5 SWOT Analysis
11.6.6 Key Strategy
11.7 Bayer AG
11.7.1 Company Overview
11.7.2 Financial Overview
11.7.3 Products Offerings
11.7.4 Key Developments
11.7.5 SWOT Analysis
11.7.6 Key Strategy
11.8 Royal Friesland Campina N.V.
11.8.1 Company Overview
11.8.2 Financial Overview
11.8.3 Products Offerings
11.8.4 Key Developments
11.8.5 SWOT Analysis
11.8.6 Key Strategy
11.9 LycoRed Ltd.
11.9.1 Company Overview
11.9.2 Financial Overview
11.9.3 Products Offerings
11.9.4 Key Developments
11.9.5 SWOT Analysis
11.9.6 Key Strategy
11.1 Encapsys, LLC
11.10.1 Company Overview
11.10.2 Financial Overview
11.10.3 Products Offerings
11.10.4 Key Developments
11.10.5 SWOT Analysis
11.10.6 Key Strategy
12 Conclusion
12.1 Key Findings
12.1.1 CEO’s Viewpoint
12.1.2 Unmet Needs
12.1.3 Key Companies to Watch
12.1.4 Prediction
List of Tables:
TABLE 1 GLOBAL MICRO-ENCAPSULATION MARKET, BY REGION, 2016-2023 (USD MILLION)
TABLE 2 GLOBAL MICRO-ENCAPSULATION MARKET, BY TECHNOLOGY, 2016-2023 (USD MILLION)
TABLE 3 GLOBAL MICRO-ENCAPSULATION MARKET, BY COATING MATERIAL, 2016-2023 (USD MILLION)
TABLE 4 GLOBAL MICRO-ENCAPSULATION MARKET, BY APPLICATION, 2016-2023 (USD MILLION)
TABLE 5 LIST OF ASSUMPTIONS
TABLE 6 GLOBAL MICRO-ENCAPSULATION (BY SPRAY) MARKET, BY REGION, 2016-2023 (USD MILLION)
TABLE 7 GLOBAL MICRO-ENCAPSULATION (BY EMULSION) MARKET, BY REGION, 2016-2023 (USD MILLION)
TABLE 8 GLOBAL MICRO-ENCAPSULATION (BY DRIPPING) MARKET, BY REGION, 2016-2023 (USD MILLION)
TABLE 9 GLOBAL MICRO-ENCAPSULATION (BY OTHERS) MARKET, BY REGION, 2016-2023 (USD MILLION)
TABLE 10 GLOBAL MICRO-ENCAPSULATION (CARBOHYDRATES) MARKET, BY REGION, 2016-2023 (USD MILLION)
TABLE 11 GLOBAL MICRO-ENCAPSULATION (POLYMERS) MARKET, BY REGION, 2016-2023 (USD MILLION)
TABLE 12 GLOBAL MICRO-ENCAPSULATION (LIPIDS) MARKET, BY REGION, 2016-2023 (USD MILLION)
TABLE 13 GLOBAL MICRO-ENCAPSULATION (GUMS & RESINS) MARKET, BY REGION, 2016-2023 (USD MILLION)
TABLE 14 GLOBAL MICRO-ENCAPSULATION (PROTEINS) MARKET, BY REGION, 2016-2023 (USD MILLION)
TABLE 15 GLOBAL MICRO-ENCAPSULATION (OTHERS) MARKET, BY REGION, 2016-2023 (USD MILLION)
TABLE 16 GLOBAL MICRO-ENCAPSULATION (BY FOODS & BEVERAGES) MARKET, BY REGION, 2016-2023 (USD MILLION)
TABLE 17 GLOBAL MICRO-ENCAPSULATION (BY PERSONAL CARE) MARKET, BY REGION, 2016-2023 (USD MILLION)
TABLE 18 GLOBAL MICRO-ENCAPSULATION (BY HOUSEHOLDS ITEMS) MARKET, BY REGION, 2016-2023 (USD MILLION)
TABLE 19 GLOBAL MICRO-ENCAPSULATION (BY AGROCHEMICALS) MARKET, BY REGION, 2016-2023 (USD MILLION)
TABLE 20 GLOBAL MICRO-ENCAPSULATION (BY PHARMACEUTICALS & HEALTH CARE) MARKET, BY REGION, 2016-2023 (USD MILLION)
TABLE 21 GLOBAL MICRO-ENCAPSULATION (BY OTHERS) MARKET, BY REGION, 2016-2023 (USD MILLION)
TABLE 22 GLOBAL MICRO-ENCAPSULATION MARKET, BY REGION, 2016-2023 (USD MILLION)
TABLE 23 NORTH AMERICA: MICRO-ENCAPSULATION MARKET, BY COUNTRY, 2016-2023 (USD MILLION)
TABLE 24 NORTH AMERICA: MICRO-ENCAPSULATION MARKET, BY TECHNOLOGY, 2016-2023 (USD MILLION)
TABLE 25 NORTH AMERICA: MICRO-ENCAPSULATION MARKET, BY COATING MATERIAL, 2016-2023 (USD MILLION)
TABLE 26 NORTH AMERICA: MICRO-ENCAPSULATION MARKET, BY APPLICATION, 2016-2023 (USD MILLION)
TABLE 27 U.S.: MICRO-ENCAPSULATION MARKET, BY TECHNOLOGY, 2016-2023 (USD MILLION)
TABLE 28 U.S.: MICRO-ENCAPSULATION MARKET, BY COATING MATERIAL, 2016-2023 (USD MILLION)
TABLE 29 U.S.: MICRO-ENCAPSULATION MARKET, BY APPLICATION, 2016-2023 (USD MILLION)
TABLE 30 CANADA: MICRO-ENCAPSULATION MARKET, BY TECHNOLOGY, 2016-2023 (USD MILLION)
TABLE 31 CANADA: MICRO-ENCAPSULATION MARKET, BY COATING MATERIAL, 2016-2023 (USD MILLION)
TABLE 32 CANADA: MICRO-ENCAPSULATION MARKET, BY APPLICATION, 2016-2023 (USD MILLION)
TABLE 33 MEXICO: MICRO-ENCAPSULATION MARKET, BY TECHNOLOGY, 2016-2023 (USD MILLION)
TABLE 34 MEXICO: MICRO-ENCAPSULATION MARKET, BY COATING MATERIAL, 2016-2023 (USD MILLION)
TABLE 35 MEXICO: MICRO-ENCAPSULATION MARKET, BY APPLICATION, 2016-2023 (USD MILLION)
TABLE 36 EUROPE: MICRO-ENCAPSULATION MARKET, BY COUNTRY, 2016-2023 (USD MILLION)
TABLE 37 EUROPE: MICRO-ENCAPSULATION MARKET, BY TECHNOLOGY, 2016-2023 (USD MILLION)
TABLE 38 EUROPE: MICRO-ENCAPSULATION MARKET, BY COATING MATERIAL, 2016-2023 (USD MILLION)
TABLE 39 EUROPE: MICRO-ENCAPSULATION MARKET, BY APPLICATION, 2016-2023 (USD MILLION)
TABLE 40 U.K: MICRO-ENCAPSULATION MARKET, BY TECHNOLOGY, 2016-2023 (USD MILLION)
TABLE 41 U.K: MICRO-ENCAPSULATION MARKET, BY COATING MATERIAL, 2016-2023 (USD MILLION)
TABLE 42 U.K: MICRO-ENCAPSULATION MARKET, BY APPLICATION, 2016-2023 (USD MILLION)
TABLE 43 GERMANY: MICRO-ENCAPSULATION MARKET, BY TECHNOLOGY, 2016-2023 (USD MILLION)
TABLE 44 GERMANY: MICRO-ENCAPSULATION MARKET, BY COATING MATERIAL, 2016-2023 (USD MILLION)
TABLE 45 GERMANY: MICRO-ENCAPSULATION MARKET, BY APPLICATION, 2016-2023 (USD MILLION)
TABLE 46 FRANCE: MICRO-ENCAPSULATION MARKET, BY TECHNOLOGY, 2016-2023 (USD MILLION)
TABLE 47 FRANCE: MICRO-ENCAPSULATION MARKET, BY COATING MATERIAL, 2016-2023 (USD MILLION)
TABLE 48 FRANCE: MICRO-ENCAPSULATION MARKET, BY APPLICATION, 2016-2023 (USD MILLION)
TABLE 49 ITALY: MICRO-ENCAPSULATION MARKET, BY TECHNOLOGY, 2016-2023 (USD MILLION)
TABLE 50 ITALY: MICRO-ENCAPSULATION MARKET, BY COATING MATERIAL, 2016-2023 (USD MILLION)
TABLE 51 ITALY: MICRO-ENCAPSULATION MARKET, BY APPLICATION, 2016-2023 (USD MILLION)
TABLE 52 SPAIN: MICRO-ENCAPSULATION MARKET, BY TECHNOLOGY, 2016-2023 (USD MILLION)
TABLE 53 SPAIN: MICRO-ENCAPSULATION MARKET, BY COATING MATERIAL, 2016-2023 (USD MILLION)
TABLE 54 SPAIN: MICRO-ENCAPSULATION MARKET, BY APPLICATION, 2016-2023 (USD MILLION)
TABLE 55 REST OF EUROPE: MICRO-ENCAPSULATION MARKET, BY TECHNOLOGY, 2016-2023 (USD MILLION)
TABLE 56 REST OF EUROPE: MICRO-ENCAPSULATION MARKET, BY COATING MATERIAL, 2016-2023 (USD MILLION)
TABLE 57 REST OF EUROPE: MICRO-ENCAPSULATION MARKET, BY APPLICATION, 2016-2023 (USD MILLION)
TABLE 58 ASIA PACIFIC: MICRO-ENCAPSULATION MARKET, BY COUNTRY, 2016-2023 (USD MILLION)
TABLE 59 ASIA PACIFIC: MICRO-ENCAPSULATION MARKET, BY TECHNOLOGY, 2016-2023 (USD MILLION)
TABLE 60 ASIA PACIFIC: MICRO-ENCAPSULATION MARKET, BY COATING MATERIAL, 2016-2023 (USD MILLION)
TABLE 61 ASIA PACIFIC: MICRO-ENCAPSULATION MARKET, BY APPLICATION, 2016-2023 (USD MILLION)
TABLE 62 CHINA: MICRO-ENCAPSULATION MARKET, BY TECHNOLOGY, 2016-2023 (USD MILLION)
TABLE 63 CHINA: MICRO-ENCAPSULATION MARKET, BY COATING MATERIAL, 2016-2023 (USD MILLION)
TABLE 64 CHINA: MICRO-ENCAPSULATION MARKET, BY APPLICATION, 2016-2023 (USD MILLION)
TABLE 65 INDIA: MICRO-ENCAPSULATION MARKET, BY TECHNOLOGY, 2016-2023 (USD MILLION)
TABLE 66 INDIA: MICRO-ENCAPSULATION MARKET, BY COATING MATERIAL, 2016-2023 (USD MILLION)
TABLE 67 INDIA: MICRO-ENCAPSULATION MARKET, BY APPLICATION, 2016-2023 (USD MILLION)
TABLE 68 JAPAN: MICRO-ENCAPSULATION MARKET, BY TECHNOLOGY, 2016-2023 (USD MILLION)
TABLE 69 JAPAN: MICRO-ENCAPSULATION MARKET, BY COATING MATERIAL, 2016-2023 (USD MILLION)
TABLE 70 JAPAN: MICRO-ENCAPSULATION MARKET, BY APPLICATION, 2016-2023 (USD MILLION)
TABLE 71 AUSTRALIA & NEW ZEALAND: MICRO-ENCAPSULATION MARKET, BY TECHNOLOGY, 2016-2023 (USD MILLION)
TABLE 72 AUSTRALIA & NEW ZEALAND: MICRO-ENCAPSULATION MARKET, BY COATING MATERIAL, 2016-2023 (USD MILLION)
TABLE 73 AUSTRALIA & NEW ZEALAND: MICRO-ENCAPSULATION MARKET, BY APPLICATION, 2016-2023 (USD MILLION)
TABLE 74 REST OF ASIA PACIFIC: MICRO-ENCAPSULATION MARKET, BY TECHNOLOGY, 2016-2023 (USD MILLION)
TABLE 75 REST OF ASIA PACIFIC: MICRO-ENCAPSULATION MARKET, BY COATING MATERIAL, 2016-2023 (USD MILLION)
TABLE 76 REST OF ASIA PACIFIC: MICRO-ENCAPSULATION MARKET, BY APPLICATION, 2016-2023 (USD MILLION)
TABLE 77 REST OF THE WORLD: MICRO-ENCAPSULATION MARKET, BY REGION, 2016-2023 (USD MILLION)
TABLE 78 REST OF THE WORLD: MICRO-ENCAPSULATION MARKET, BY TECHNOLOGY, 2016-2023 (USD MILLION)
TABLE 79 REST OF THE WORLD: MICRO-ENCAPSULATION MARKET, BY COATING MATERIAL, 2016-2023 (USD MILLION)
TABLE 80 REST OF THE WORLD: MICRO-ENCAPSULATION MARKET, BY APPLICATION, 2016-2023 (USD MILLION)
TABLE 81 LATIN AMERICA: MICRO-ENCAPSULATION MARKET, BY TECHNOLOGY, 2016-2023 (USD MILLION)
TABLE 82 LATIN AMERICA: MICRO-ENCAPSULATION MARKET, BY COATING MATERIAL, 2016-2023 (USD MILLION)
TABLE 83 LATIN AMERICA: MICRO-ENCAPSULATION MARKET, BY APPLICATION, 2016-2023 (USD MILLION)
TABLE 84 MIDDLE EAST: MICRO-ENCAPSULATION MARKET, BY TECHNOLOGY, 2016-2023 (USD MILLION)
TABLE 85 MIDDLE EAST: MICRO-ENCAPSULATION MARKET, BY COATING MATERIAL, 2016-2023 (USD MILLION)
TABLE 86 MIDDLE EAST: MICRO-ENCAPSULATION MARKET, BY APPLICATION, 2016-2023 (USD MILLION)
TABLE 87 AFRICA: MICRO-ENCAPSULATION MARKET, BY TECHNOLOGY, 2016-2023 (USD MILLION)
TABLE 88 AFRICA: MICRO-ENCAPSULATION MARKET, BY COATING MATERIAL, 2016-2023 (USD MILLION)
TABLE 89 AFRICA: MICRO-ENCAPSULATION MARKET, BY APPLICATION, 2016-2023 (USD MILLION)
TABLE 90 COMPETIVE LANDSCAPING: GLOBAL MICRO-ENCAPSULATION MARKET: BY STRATEGY (2010-2017)
List of Figures:
FIGURE 1 GLOBAL MICRO-ENCAPSULATION MARKET SHARE (%), BY REGION (2018 & 2023)
FIGURE 2 GLOBAL MICRO-ENCAPSULATION MARKET SHARE (%), BY TECHNOLOGY (2018 & 2023)
FIGURE 3 GLOBAL MICRO-ENCAPSULATION MARKET SHARE (%), BY COATING MATERIAL (2018 & 2023)
FIGURE 4 GLOBAL MICRO-ENCAPSULATION MARKET SHARE (%), BY APPLICATION (2018 & 2023)
FIGURE 5 GLOBAL MICRO-ENCAPSULATION MARKET: MARKET STRUCTURE
FIGURE 6 KEY TAKEAWAYS OF THE MICRO-ENCAPSULATION MARKET
FIGURE 7 KEY BUYING CRITERIA OF MICRO-ENCAPSULATION
FIGURE 8 RESEARCH PROCESS OF MRFR
FIGURE 9 TOP DOWN & BOTTOM-UP APPROACH
FIGURE 10 MARKET DYNAMICS OF GLOBAL MICRO-ENCAPSULATION MARKET
FIGURE 11 DRIVERS IMPACT ANALYSIS: MICRO-ENCAPSULATION MARKET
FIGURE 12 RESTRAINTS IMPACT ANALYSIS: MICRO-ENCAPSULATION MARKET
FIGURE 13 VALUE CHAIN: MICROENCAPSULATED PRODUCTS MARKET
FIGURE 14 SUPPLY CHAIN ANALYSIS: MICROENCAPSULATED PRODUCTS MARKET
FIGURE 15 ACTIVE MEMBERS IN THE SUPPLY CHAIN: MICROENCAPSULATED PRODUCTS MARKET
FIGURE 16 PORTER'S FIVE FORCES ANALYSIS OF THE GLOBAL MICROENCAPSULATION MARKET
FIGURE 17 GLOBAL MICRO-ENCAPSULATION MARKET, BY TECHNOLOGY 2018 & 2023 (USD MILLION)
FIGURE 18 GLOBAL MICRO-ENCAPSULATION MARKET, BY COATING MATERIAL 2018 & 2023 (USD MILLION)
FIGURE 19 GLOBAL MICRO-ENCAPSULATION MARKET, BY APPLICATION 2018 & 2023 (USD MILLION)
FIGURE 20 GLOBAL MICRO-ENCAPSULATION MARKET, BY REGION 2018 & 2023 (USD MILLION)
FIGURE 21 GLOBAL MICRO-ENCAPSULATION MARKET: MAJOR PLAYER MARKET DEVELOPMENT SHARE 2010-2017
FIGURE 22 GLOBAL MICRO-ENCAPSULATION MARKET: STRATEGY ANALYSIS
FIGURE 23 GLOBAL MICRO-ENCAPSULATION MARKET: MARKET DEVELOPMENT (2010-2017)
Royal FrieslandCampina N.V. (Netherlands), LycoRed Ltd. (Israel), Bayer AG (Germany), Encapsys, LLC (U.S.), International Flavors & Fragrance, Inc. (U.S.), Symrise AG (Germany), Balchem Corp. (U.S.), BASF SE (Germany), Syngenta AG (Switzerland), and Givaudan SA (Switzerland)
