Global Hydrocolloids Market: Industry Size Study, By Product , By Application and Regional Forecasts 2020-2027

Posted October 12, 2020 by sonikashukla98

Global Hydrocolloids Market is valued approximately at USD 9.2 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 5.3% over the forecast period 2020-2027.

Bharat Book Bureau Provides the Trending Market Research Report on “Global Hydrocolloids Market Size study by Type (Gelatin, Pectin, Carrageenan, Xanthan, Agar, Arabic, Locustbean gum, Carboxymethyl cellulose, Alginates, Guar gum and Microcrystalline cellulose), by Source (Botanical, Microbial, Animal, Seaweed and Synthetic), by Application (Food & beverages, Cosmetics & personal care products and Pharmaceuticals), by Function (Thickeners, Stabilizers, Gelling agents, Coating materials, Fat replacers and Others) and Regional Forecasts 2020-2027"under Food & Beverage Category. The report offers a collection of superior market research, market analysis, competitive intelligence and Market reports.

Global Hydrocolloids Market is valued approximately at USD 9.2 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 5.3% over the forecast period 2020-2027. Hydrocolloids are obtained from different synthetic and natural sources such as microbes, plants, animals, seaweed, and synthetic chemicals and are used as emulsifiers, stabilizers, and thickeners. Hydrocolloids are used in wide range of end-user industries including personal care, food & beverage, oil & gas, pharmaceuticals, and agriculture.

The surging demand for healthy and natural ingredients in various food & beverages application and demand for bakery and confectionery products, dairy products, beverages, frozen desserts, and pet food are the few factors responsible for growth of the market over the forecast period. Furthermore, the introduction of products and other strategic alliance by market key players will create a lucrative demand for this market. For instance: on 12th February 2019, Ingredion extends texture capabilities with single hydrocolloids to expand company’s specialty product portfolio. It includes the gum-based texturizers that offer texture stability, emulsification and protein protection, to customers across Europe, the Middle East and Africa. However, stringent international quality standards and regulations and shortage of resources has created a demand-supply imbalance is the major factor restraining the growth of global Hydrocolloids market during the forecast period.

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The regional analysis of global Hydrocolloids market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world owing to the large market for bakery, confectionery, convenience food, and packaged food products. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027.

Major market player included in this report are:
DuPont de Nemours, Inc.
Ingredion Incorporated
Cargill, Incorporated
Kerry Group plc
Archer Daniels Midland Company (Adm)
Palsgaard A/S
Darling Ingredients Inc.
CP Kelco
Ashland Inc.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:
Locustbean gum
Carboxymethyl cellulose
Guar gum
Microcrystalline celluloses

By Source:

By Application:
Food & beverages
Cosmetics & personal care products

By Function:
Gelling agents
Coating materials
Fat replacers

By Region:
North America

Asia Pacific
South Korea
Latin America
Rest of the World

Furthermore, years considered for the study are as follows:
Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027

Target Audience of the Global Hydrocolloids Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers

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Last Updated October 12, 2020