The global Microencapsulation Market is witnessing steady growth, driven by rising demand for controlled-release drug delivery systems, stable food ingredients, and advanced encapsulation technologies. Valued at US$13.0 billion in 2026, the market is projected to reach US$21.6 billion by 2033, expanding at a CAGR of 7.5%. Increasing applications across pharmaceuticals, food and beverages, agrochemicals, and personal care industries are fueling expansion. Technological advancements in spray drying and emulsion methods, along with growing investments in R&D, are further strengthening market potential worldwide.