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The microencapsulation market is estimated at USD 15.38 billion in 2024 and is projected to reach USD 24.07 billion by 2029, at a CAGR of 9.4% from 2024 to 2029. This microencapsulation market is growing because of its significant role in raising the performance of goods across industries, such as pharmaceuticals, foods, and agriculture. More importantly, within the pharmaceutical industry, microencapsulation has the capacity for controlled delivery of drugs so that the efficacy of drugs would be improved and side effects reduced by virtually advanced treatments.
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