North American food hydrocolloids market CAGR 4.9% during the period of 2021-2026


Posted October 28, 2021 by Krshna

Food hydrocolloids are additives that are mainly used in the food industry to improve the quality of food and extend its shelf life. These are fine particles that are released into water, hydrocolloids are colloids in nature.

 
Market overview:
Food hydrocolloids are additives that are mainly used in the food industry to improve the quality of food and extend its shelf life. These are fine particles that are released into water, hydrocolloids are colloids in nature. Hydrocolloids are used in the food and beverage industry because they can alter the texture and taste of food and beverages. Some of its uses include emulsifiers, thickeners, and gelling agents. Dietary hydrocolloids can be obtained from microorganisms, plants, and animals and can also be synthesized through chemical reactions.
Recent developments:
“The situation is now at a critical point for customers…” CP Kelco notes the skyrocketing prices of locust bean gum.
Market Drivers and Restrains:
Increased consumption of premium food and beverage products due to growing health awareness and rising per capita income of consumers is expected to drive the market during the forecast period. The rapid growth of the food industry due to the tandem population is the main factor driving the market. The increasing application in bakery and confectionery products is expected to drive the market during the forecast period. High volatility in commodity prices and unavailability in remote areas are expected to hamper market growth. Strict government regulations on quality standards and limitations on the use of food stabilizers are important factors that can slow down market growth during the forecast period. Investments in R&D and the development of natural food stabilizers and clear labeling of food hydrocolloids should offer huge opportunities to market players.
To know more read:
https://www.marketdataforecast.com/market-reports/north-america-food-hydrocolloids-market
Report is segmented as:
By Application:
• Bakery and confectionary
• Meat and poultry
• Products
• Beverages
• Sauces and dressing
• Dairy products
By Function
• Thickener
• Stabilizer
• Coating material
• Fat replacer
• Gelling agent
By Source:
• Plant
• Animal
• Microbial
• Seaweed
• Synthetic
By Type:
• Carrageenan
• Gelatin
• Xanthan gum
• Alginates
• Agar
• Pectin
• Locust bean gum
• Gum Arabic

Geographical Segmentation:
North America is the biggest market for gelatin-based hydrocolloids. Gellan gum is a significant hydrocolloid in the food business and is generally utilized as a food added substance in health food sources because of its high protein and amino corrosive substance. The hydrocolloid idea of gellan gum has numerous applications in sweet shop items (to give chewiness, surface and froth adjustment), sticky pastries (for smoothness, fat decrease and mouthfeel), dairy items (for adjustment and surface) and meat items (for water maintenance). Because of excessive costs, gellan gum has filled gradually as of late. In the US market, gellan gum contends with cheap thickener and consequently develops gradually.
Impact of COVID-19 on North America Food Hydrocolloids Market:
Meat processing factories have become a hotspot for COVID-19 infections, drawing attention to the health and safety of traditional meat and resulting in decreased meat consumption. As of 2020, the Centers for Disease Control and Prevention (CDC) had received data on COVID-19 cases from 19 of the 23 states that had reported at least one industry-related case. This has resulted in a decrease in the demand and consumption of gelatin and other hydrocolloids in the meat industry. Baked goods sales were above average, although bakery supply was insufficient as many bakeries had to close due to labor shortages. In addition, the disruption of logistics facilities and a shortage of raw materials after the foreclosure caused additional problems in the market. Due to all these factors, the hydrocolloid market is adversely affected by COVID-19. However, after taking on lockdown regulations by governments, the demand for baked goods is increasing.
Key market players:
The leading players of the market are Cargill, CP Kelco U.S., Inc. and Kerry Group.
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Issued By Market Data Forecast
Country India
Categories Business , Food
Tags north american food hydrocolloids market
Last Updated October 28, 2021