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  • Hydrocolloids Market Analysis | 2023-2028

    Hydrocolloids Market Analysis | 2023-2028

    Hydrocolloids Market Analysis | 2023-2028
    Report code - SR2388 Delivery - 2 Weeks
    Hydrocolloids Market Size, Share, Trend, Forecast, Competitive Analysis, and Growth Opport See more...

    “The Hydrocolloids Market is expected to grow at a promising CAGR of 5.6% during the forecast period”.

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    Market Dynamics

    Introduction

    Hydrophilic molecules, or more popularly gums, are known as hydrocolloids and come from a variety of sources, including plants, animals, seaweeds, and microorganisms. They have numerous uses outside of the food business as well. They are employed as functional additives in food formulation to improve the gelling effect, manage the microstructure, texture, flavor, and shelf life, as well as to increase food consistency.

    Market Drivers

    The rising food needs for a growing population, the booming economies of developing countries, and their flexible use in manufacturing industries are the main factors driving the growth of the hydrocolloids market. The increased demand for clean-label products and the rise in nutritionally conscious customers are also promoting the use of hydrocolloids.

    Segments Analysis

    Segmentations

    List of Sub-Segments

    Dominant and Fastest-Growing Segments

    Type Analysis

    Gelatin, Pectin, Xanthan, Agar, Carrageenan, Carboxymethyl Cellulose, and Guar Gum

    Gelatin is expected to remain the largest and the fastest-growing type in the market during the forecast period.

     

    Source-Type Analysis

     

    Botanical, Animal, Microbial, Seaweed, and Synthetic

    Botanical is expected to remain the dominant source type in the market during the forecast period.

    Industry Vertical-Type Analysis

    Food & Beverage, Cosmetics, and Pharmaceuticals

    The food & beverages segment is expected to remain the dominant industry vertical type in the market during the forecast period.

    Regional Analysis

    North America, Europe, Asia-Pacific, and Rest of the World

    Asia-Pacific is expected to remain the largest market for hydrocolloids during the forecast period.

     

    By Type

    “Gelatin is expected to remain the largest and the fastest-growing type in the market during the forecast period”.

    The hydrocolloids market is segmented into gelatin, carboxy methyl cellulose, alginates, and guar gum. Gelatin is expected to remain the largest and the fastest-growing type in the market during the forecast period. The varied properties of gelatin (such as its ability to gel and thicken, emulsify, foam and whip, and be non-toxic) and its capability to have special emulsifying and film-forming properties in the pharmaceutical sectors are primarily responsible for this segment's overall growth. The huge market demand for tablets, soft gels, and hard capsules made from gelatin drives the price of gelatin on a global scale.

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    By Source Type

    “Botanical is expected to remain the dominant source type in the market during the forecast period”.

    The hydrocolloids market is segmented into botanical, animal, microbial, seaweed, and synthetic. Botanical is expected to remain the dominant source type in the market during the forecast period. The significant market share of this sector is mostly due to customers' shifting preferences for plant-based goods. The use of hydrocolloids in pharmaceutical and natural beauty products is dramatically rising. Additionally, the growing popularity of products that are lactose- and gluten-free is increasing the demand for hydrocolloids in new product formulations.

    By Industry Vertical Type

    “The food & beverages segment is expected to remain the dominant industry vertical type in the market during the forecast period”.

    The hydrocolloids market is segmented into food & beverage, cosmetics, and pharmaceuticals. The food & beverages segment is expected to remain the dominant industry vertical type in the market during the forecast period. The growing number of food and beverage manufacturing facilities and increased consumer spending on high-end and convenient food goods are primarily responsible for the segment's size. Because of their ability to change the flow characteristics of liquids, their capacity to gel, their ability to emulsify oil droplets, and their ability to prevent ice from recrystallizing, hydrocolloids are an essential component of the food industry.

    Regional Analysis

    “Asia-Pacific is expected to remain the largest market for hydrocolloids during the forecast period”.

    The hydrocolloids market is broken down geographically into areas, namely North America, Europe, Asia-Pacific, and the Rest of the World (RoW).  In terms of regions, Asia-Pacific is expected to remain the largest market for hydrocolloids during the forecast period, followed by North America, and Europe, due to the region's increased economic expansion, rising urbanization and disposable income, and expanding food businesses. In addition, the region's growing key player presence in the food, pharmaceutical, cosmetic, and textile industries aids in the expansion of the hydrocolloids market. 

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    Key Players

    The market is highly populated with the presence of several local, regional, and global players. Most of the major players compete in some of the governing factors including price, product offerings, regional presence, etc.

    The following are the key players in the Hydrocolloids Market (arranged alphabetically)

    • CP Kelco Inc.
    • Cargill Inc.
    • DSM N.V.
    • Dupont De Nemours, Inc.
    • Fiber Star Inc.
    • Gelnex Indústria e Comércio Ltd.
    • Ingredion Inc.
    • Palsgaard A/S
    • S.A Hawkins Watts Ltd.
    • Taiyo Kajaku Co. Ltd.

    Note: The above list does not necessarily include all the top players in the market.

    Are you the leading player in this market? We would love to include your name. Write to us at sales@stratviewresearch.com

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.

    What Deliverables Will You Get in this Report?

    Key questions this report answers

    Relevant contents in the report

    How big is the sales opportunity?

    in-depth Analysis of the Hydrocolloids Market

    How lucrative is the future?

    The market forecast and trend data and emerging trends

    Which regions offer the best sales opportunities?

    Global, regional, and country-level historical data and forecasts

    Which are the most attractive market segments?

    Market segment analysis and Forecast

    Which are the top players and their market positioning?

    Competitive landscape analysis, Market share analysis

    How complex is the business environment?

    Porter’s five forces analysis, PEST analysis, Life cycle analysis

    What are the factors affecting the market?

    Drivers & challenges

    Will I get the information on my specific requirement?

    10% free customization

    Research Methodology

    This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.

    More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles have been leveraged to gather the data.

    We conducted more than 15 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both qualitative and quantitative insights.

    Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to three players)
    • SWOT analysis of key players (up to three players)

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances.

    Custom Research:

    Stratview research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com.

    Frequently Asked Questions (FAQs)

    The hydrocolloids market is estimated to grow at a CAGR of 5.6% by 2028, driven by an increase in demand for essential products such as medicine, food, and apparel.

    Asia-Pacific is estimated to remain dominant in the hydrocolloids market in the foreseen future. The key economies driving the regions demand for hydrocolloids are China, India, and Japan.

    Asia-Pacific is estimated to remain the fastest-growing hydrocolloid market in the future.

    The food and beverages industry is estimated to be dominant in the market in the coming years.

    CP Kelco Inc. (U.S.), S.A Hawkins Watts Ltd. (Australia), Gelnex Indstria e Comrcio Ltd. (Brazil), Fiber Star Inc. (U.S.), Taiyo Kajaku Co. Ltd (Japan), Ingredion Inc. (U.S.), Palsgaard A/S (Denmark), Dupont De Nemours, Inc. (U.S.), Cargill Inc. (U.S.), and DSM N.V. (The Netherlands), are the leading players in the hydrocolloids market.

    The market is studied from 2017-2028.

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