Vancouver, BC -- (SBWire) -- 05/03/2021 --The global hydrocolloids market size is expected to reach USD 14.35 Billion at a steady CAGR of 5.1% in 2028, according to latest analysis by Emergen Research. Rapid market revenue growth can be attributed to increasing application of hydrocolloids in foods and beverages. Hydrocolloids as food additives find widespread use in numerous food formulations to enhance quality and shelf-life. Hydrocolloids are primarily used as rheology modifiers in foods and beverages to modify texture and or viscosity, and thus alters sensory properties of foods and beverages.
The report offers an exhaustive overview of the market, along with a precise summary of the market's leading regions. Our team of analysts has studied the existing competitive landscape of the market inside out, focusing on the leading companies and their business expansion strategies. The report ends with conclusive data offering useful insights into the market growth on both regional and global levels.
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Key Highlights From the Report
In January 2019, DSM Hydrocolloids made an announcement about the introduction of Gellaneer, XanTreme, and Clarixan in its xanthum, and gellan gum product line.
Gelatin finds application in the preparation of gummy candies, gelatinous desserts, yogurts, and marshmallows. Gelatin is added to meats to improve their water retention property and enhance their visual appeal, as well as to absorb juices released during meat processing. Additionally, gelatin finds uses in removing impurities from fruit juices, vinegar, and wine.
Hydrocolloids market revenue in North America is expected to register the fastest CAGR during the forecast period attributed to increasing use of hydrocolloids in reducing fat and oil in food products and a high demand for packaged and convenience food. In addition, growing awareness among people related to healthy food habits is causative of the market growth in the region.
Key players in the market include Kerry Group, BASF SE, Archer Daniels Midland Company, Cargill Incorporated, DuPont, Ashland Global, CP Kelco, Ingredion Incorporated, Tate & Lyle PLC, and Koninklijke Philips NV.
Hydrocolloids Market Segmentation:
Emergen Research has segmented the global hydrocolloids market on the basis of type, source, application, industry vertical, and region:
Type Outlook (Revenue, USD Billion; 2018–2028)
Gelatin
Pectin
Xanthan
Agar
Carrageenan
Carboxymethyl Cellulose
Guar Gum
Others
Source Property Outlook (Revenue, USD Billion; 2018–2028)
Botanical
Animal
Microbial
Seaweed
Synthetic
Application Outlook (Revenue, USD Billion; 2018–2028)
Thickeners
Gelling Agent
Stabilizers
Fat Replacers
Coating Agent
Others
Industry Vertical Outlook (Revenue, USD Billion; 2018–2028)
Food & Beverage
Cosmetics
Pharmaceuticals
Others
Key Geographies Encompassed in the Report:
North America (U.S., Canada)
Europe (U.K., Germany, Italy, France, Rest of EU)
AsiaPacific (India, Japan, China, Australia, Rest of APAC)
Latin America (Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Additional information offered by the report:
A complete overview of the global Hydrocolloids market.
Detailed examination of the various market dynamics, including drivers, opportunities, challenges, threats, constraints, and development prospects prevailing in the global market.
Diverse market trends observed on regional and global levels. The report also elaborates on the market size and shares governed by the major geographies, combined with a precise growth forecast analysis, cost analysis, micro- and macro-economic indicators, and regulatory framework.
A vivid analysis of the company profiles of the key market contenders operating in the global Hydrocolloids market.
Extensive research & development assessment, and a detailed study of the growing demand for new products and the increasing application of the existing and new products.
Table of Content
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2020-2028
Chapter 3. Key Insights
Chapter 4. Hydrocolloids Market Segmentation & Impact Analysis
4.1. Hydrocolloids Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers' analysis
4.2.2.1. Growing application for hydrocolloids in foods and beverages
4.2.2.2. Growth of the pharmaceutical industry
4.2.2.3. Rising disposable income
4.2.3. Market restraints analysis
4.2.3.1. Fluctuations in in the price of raw materials
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter's Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 5. Hydrocolloids Market By Type Insights & Trends, Revenue (USD Billion)
5.1. Type Dynamics & Market Share, 2020 & 2028
5.1.1. Gelatin
5.1.2. Pectin
5.1.3. Xanthan
5.1.4. Agar
5.1.5. Carrageenan
5.1.6. Carboxymethyl Cellulose
5.1.7. Guar Gum
5.1.8. Others
CONTINUED..!!
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Hydrocolloids Market Outlook, Industry Demand and Supply, Key Prospects, Future Growth, Forecast and Top Manufacturers Analysis Report by Emergen Research
Growing application of hydrocolloids in foods and beverages is a significant factor driving global hyprocolloids market revenue growth