Global Hydrocolloids Market by Product (Guar Gum, Pectin, Gelatin, Alginates, Carboxy Methyl Cellulose, Xanthan Gum, Carrageenan) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

Summary of the Report

In 2018, the global hydrocolloids market was valued at USD 8.77 million. It is projected to grow at 6.5% CAGR between 2019 and 2025. The growth is being driven by the growing demand for thickeners, gelling agents, from the pharmaceutical, cosmetic, and personal care industries as well as the food and beverage industry in emerging countries of Asia Pacific.

Market growth is expected to be boosted by rising demand from cosmetics and increased consumption of hydrocolloids-based building materials. The market growth is also expected to be driven by the demand for thickening or gelling products from the food- and beverage industry.

Hydrocolloids play a crucial role in the growth of the market because they perform a wide range of functions in the food industry. Hydrocolloids' ability to bind water and improve the properties of food ingredients is the main reason for their widespread use in the food industry.

The growing demand for healthier food products will likely lead to an increase in demand for hydrocolloids. This will fuel the growth of global hydrocolloid markets. The market will see a positive impact from the increasing demand for processed foods in the coming years.

Product Insights

Because of their excellent hydrolyzing and enzymatic properties, polysaccharides are becoming an increasingly important component in healthcare and food and drink applications. In the coming seven years, polysaccharide will be a substitute for gelatin.

Gellatin is used to produce a wide range of pharmaceuticals, including wound dressings and blood volume substitutes. Market growth is expected to be influenced by the development of the U.S. pharmaceutical industry and Canada's increased spending on the incorporation new technologies.

Xanthan Gum has the unique ability to regulate the rheological characteristics of many food products. It is easy to dissolve in hot or cold water and can be used in conjunction with other hydrocolloid products like guar gum, locust bean gum, and others.

Application Insights

Hydrocolloids are used by food and beverage companies mainly because they can alter the rheology and flow behavior of food systems. Hydrocolloids can be used to alter the texture and viscosity of food, which helps to modify sensory properties.

Hydrocolloids are used in many food formulations like sauces, toppings and salad dressings. To achieve the desired texture, they are used in a variety of food products, including jams, cakes, candies and gelled desserts. Hydrocolloids will be accepted, endorsed, and have functional attributes that can positively impact the food and beverage industry.

Hydrocolloids can also be used as a substitute for sugar in beverages and food products. The forecast period will see an increase in demand for low-calorie foods and beverages.

Hydrocolloids can be described as a class of chemical compounds that alter the flow properties or rheology of aqueous solutions in their dispersion. Because of their water-binding and thickening properties, hydrocolloids are widely used in cosmetic water-based products and personal care as viscosity controllers. They also have functional benefits like emulsion stabilization or organoleptic qualities.

Function Insights

The food industry uses hydrocolloids as thickening agents. Hydrocolloids disperse easily in water and have a viscosity-producing effect. This property can be used in many applications as a thickening agents. All hydrocolloids share this thickening property, which is why they are used in many industries.

The type and nature of the hydrocolloid will determine how thickened it is. Most hydrocolloids have a thickening factor of less than 1%, but some of them can give you a low viscosity with a very high concentration.

Hydrocolloids can be used in many food types, including soups, salad dressings and sauces. Starch, guar, xanthan and locust bean gum are the most commonly used hydrocolloids as thickening agents. Starch is the most widely available thickener and it is also cheaper than other products.

The desired characteristics of a food product will also influence the choice of hydrocolloid. Alginates are used in restructured fruits and vegetables, restructured meats and fish, desserts, fruit preparations, bakery jams, and other food products.

Regional Insights

Asia Pacific was the biggest regional market for hydrocolloids in 2018. The region's product demand will be driven by rising consumption of carboxymethylcellulose in processed foods, as well as expanding textiles and construction. China will continue to be a major consumer due to its growing demand for food- and beverage products. The large population combined with the abundant supply of raw material are expected to propel regional market growth.

CETA will likely have an impact on the customs duties of industrial products, as well as most of the agricultural and food products. This is expected to increase hydrocolloid trade between North America, Europe and North America, which will provide significant growth opportunities for North American hydrocolloid producers.

These countries' market players must adhere to the Fair Packaging and Labeling Act and the Federal Food, Drug, and Cosmetic Act (FD&C Act). Food and Drug Administration (FDA), has the right to inspect manufacturers, distributors and hydrocolloid-based products in order to maintain compliance with standards.

Market Share Insights & Key Companies

Market leaders are focusing their efforts on the development of new products, technologies and using advanced manufacturing methods to produce cost-effective products. Companies are working to reduce supply chain risk and adhere to delivery requirements. The hydrocolloids have gained consumer trust around the world due to this. To increase their market share and geographic reach, companies around the world are entering into partnerships, joint ventures, joint ventures, mergers and acquisitions.

With many players across the value chain, the market is fragmented. Only a few large multinational corporations are capable of innovating. These multinational corporations are also collaborating with smaller companies in the domestic market. These partnerships are designed to create unique selling points that these large market players can use on a global level.

Hydrocolloids Market Report Scope

The Report Covers Certain Segments

This report predicts revenue growth at the global, regional and country level and offers an analysis of industry trends in each sub-segment from 2014 to 2025. Grand View Research segmented this report on global hydrocolloids market based on product function, region, and application.

• Product Outlook (Volume of Kilotons; Revenues, USD Millions, 2014-2025)

  • Gelatin

  • Xanthan Gum

  • Carrageenan

  • Alginates

  • Pectin

  • Guar Gum

  • Gum Arabic

  • Carboxy Methyl

  • Cellulose, Agar

  • Locust Bean Gum

• Function Outlook (Volume of Kilotons; Revenues, USD Million, 2014-2025)

  • Thickening

  • Gelling

  • Stabilizing

  • Other

• Application Outlook (Volume of Kilotons; Revenues, USD Millions, 2014-2025)

  • Food & Beverage

  • Personal Care & Cosmetics

  • Pharmaceutical

• Regional Outlook (Volume of Kilotons; Revenues, USD Million, 2014-2025)

  • North America

    • The U.S.

    • Canada

  • Europe

    • Germany

    • U.K.

    • France

  • Asia Pacific

    • China

    • Japan

    • India

  • Latin America

    • Mexico

    • Brazil

  • Middle East & Africa

These are the most frequently asked questions about this report

b. b.

b. Hydrocolloids Market Growth Key Factors include rising demand for natural food ingredients that are source soluble dietary fibre, changing lifestyles and consumer consumption patterns. This will fuel the demand for hydrocolloids within the food and beverages industry.

b. Global hydrocolloids market was valued at USD 9,317.1 Million in 2019, and is forecast to grow to USD 9,900.0 in 2020.

b. Global hydrocolloids sales are expected to increase at 6.6% per year from 2019-2027, reaching USD 15,573.7 Million by 2027.

b. With a 31.1% share in 2019, Europe was the dominant market for hydrocolloids. This is due to increasing consumption of convenience foods that use hydrocolloids to lower fat by dispersing water, and act as a fat substitute in food products.

Up Market Research published a new report titled “Hydrocolloids Market research report which is segmented by Product (Guar Gum, Pectin, Gelatin, Alginates, Carboxy Methyl Cellulose, Xanthan Gum, Carrageenan), By Players/Companies Ashland Inc, Hispanagar, SA, Kelco, Kerry Group, Ingredion Incorporated, Koninklijke DSM NV, Jungbunzlauer Suisse AG and FMC Corporation”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

Global Hydrocolloids Market Report Segments:

The market is segmented by Product (Guar Gum, Pectin, Gelatin, Alginates, Carboxy Methyl Cellulose, Xanthan Gum, Carrageenan).

Hydrocolloids Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

Key Benefits for Industry Participants & Stakeholders:

• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape & strategies of key players
• Potential & niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• In-depth analysis of the Hydrocolloids Market

Overview of the regional outlook of the Hydrocolloids Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.

Highlights of The Hydrocolloids Market Report:

1. The market structure and projections for the coming years.
2. Drivers, restraints, opportunities, and current trends of Hydrocolloids Market.
3. Historical data and forecast.
4. Estimations for the forecast period 2028.
5. Developments and trends in the market.

                1. Guar Gum

                2. Pectin

                3. Gelatin

                4. Alginates

                5. Carboxy Methyl Cellulose

                6. Xanthan Gum

                7. Carrageenan

7. Market scenario by region, sub-region, and country.
8. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
9. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
10. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Hydrocolloids Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.

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Reasons to Purchase the Hydrocolloids Market Report:

• The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
• Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
• Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
• The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
• Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.