The increasing demand for
convenience foods in the developing economies is influencing growth and demand in
the global hydrocolloids market. People nowadays are more particular about
their health and multi-functionality, which is creating a demand influx in the
hydrocolloids market. The market was valued at $8.5 billion in 2018, and the
demand is projected to grow at a healthy compound annual growth rate (CAGR) of
5.50% during the forecast period of 2019 to 2025, as per the analysts of
IndustryARC.
The IndustryARC’s business intelligence report is titled “Hydrocolloids Market: By Type (Pectin,
Gums: Xanthan, Guar, Locust Bean) Source (Extracts: Plants, Seaweed, Microbial,
Animals) Function (Thickening, Gelling, Stabilizing) Form (Powder, Gel)
Application (Bakery, Confectionery, Meat Poultry, Beverages)-Forecast
(2019-2025).” The report states that usage of guar gum is the most commonly
accepted ingredient in various sectors such as pharmaceutical, food and
beverage, and cosmetics.
Global
Hydrocolloids Market: Leading Segments
North America had the
largest share in the hydrocolloids market that translated to 40% in 2018. This
is predominantly owing to the increasing demand from the oil & gas and food
& beverages sector. U.S. and Canada are observing increasing oil drilling
activities which are leading to growth prospects in the hydrocolloids market.
North America hydrocolloids market had a huge market for R&D and shows
immense interest in innovations. Furthermore, another factor that has affected
the market is the change in the preference of the customers towards low-fat
food.
Moreover, the key
application segment is the food & beverages industry, according to the
application analysis by the analyst of IndustryARC in the report. The
opportunities for growth in this application is projected to observe a healthy
CAGR of 5.90% during the forecast period.
Global
Hydrocolloids Market: Market Trends and Growth Drivers
·
Increasing
Interest in R&D
The major driver in the
hydrocolloids market is the increasing interest of the people in the R&D.
The manufacturers are nowadays focusing on product innovation with high-quality
hydrocolloids for the end-user. This is increasing investments that are made
for R&D in the hydrocolloids market.
·
Food
Thickeners
The continuous rise in demand
for frozen and dairy products with an increasing focus on health management and
protein consumption will propel the hydrocolloids market.
·
Gelatin
Due to the increasing
need for the emulsifiers in the sectors such as food & beverages and gelatin
has enable a sustainable hydrocolloids market in Germany, UK, and France. In
these countries, gelatin is considered as food and not food additives. It has
few applications such as in deserts, ice creams, and marshmallows. This application
is expected to create lucrative demand influx in the hydrocolloids market in
the future.
·
Change
in Consumers Preference
Since there is a change
in the lifestyle of the people in recent times, the preference of the people
has also changed in terms of their eating habits. People have become more
health conscious and prefer low-fat food that has affected the growth of the
hydrocolloids market.
·
Guar
Gum
Guar gum has a significant
impact on the dough, bread, and finished products. Guar gum is the best food
additive due to its vivid features. Moreover, hydrocolloids have a positive
impact on the bakery products, and so, there is an increasing market for
hydrocolloids.
Global
Hydrocolloids Market: Competitive Landscape
Some of the key companies
identified in the report that are currently holding majority shares in the
global hydrocolloids market are Ingredion Incorporated, Cargill,
Incorporated, DowDuPont Inc., The Archer Daniels Midland Company, Kerry Group,
Darling Ingredients, Lubrizol Corporation, Rousselot S.A.S., and Ashland Inc.
Talk to one of our sales
representative about the full report by providing your details in the link
below:
https://www.industryarc.com/support.php?id=7436
Related
Reports:
a) Textural Food Ingredients Market
https://www.industryarc.com/Research/Textural-Food-Ingredients-Market-Research-505922
b) Carrageenan Gum Market
https://www.industryarc.com/Research/Carrageenan-Gum-Market-Research-505943
c) Food Stabilizer Systems Market
https://www.industryarc.com/Report/7443/food-stabilizer-systems-market.html
What
can you expect from the report?
The hydrocolloid market is prepared with
the main agenda to cover the following 20 points:
1. Market Size by Product
Categories &
Application 11.
Demand Analysis (Revenue
& Volume)
2. Market trends &
Relevant Market
Data
12. Country level
Analysis
3. Manufacturer
Landscape
13. Competitor
Analysis
4. Distributor Landscape
14. Market
Shares Analysis
5. Pricing Analysis
15. Value
Chain Analysis
6. Top 10 End user
Analysis
16. Supply
Chain Analysis
7. Product Benchmarking
17. Strategic
Analysis
8. Product Developments
18. Current
& Future Market Landscape
Analysis
9. Mergers &
Acquisition Analysis
19.
Opportunity Analysis
10. Patent Analysis
20.
Revenue and Volume Analysis
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data in application or end user industry.
2. Increase the number of
countries in geography chapter.
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for other smaller companies or companies which are of interest to you.
4. Company profiles can
be requested based on your interest.
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pricing, product analysis, product benchmarking, value and supply chain
analysis can be requested for a country or end use segment.
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About IndustryARC:
IndustryARC is a Research and Consulting Firm that publishes more than 500
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Electronics, Food and Beverages, Information Technology, and Life sciences and
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