Hydrocolloids Market

The global Hydrocolloids market is foreseen to grow at 5.8%, from USD 10.7 Billion in 2021 to USD 16.8 Million in 2029. Multifunctionality of hydrocolloids to lead to their wide range of applications, Rise in demand for clean-label products due to a rise in health and wellness trend, Expansion of ready meal and convenience food industry catalyzing food hydrocolloids demand is seen to propel the market growth over the forecast period. However, Stringent regulations and international quality standards, Inadequate supply of raw materials and price fluctuation yet remains one of the factors restraining market growth.

Market Definition

What is Hydrocolloids?

Hydrocolloids are polysaccharides of high molecular weight extracted from plants and algae or produced by microbial synthesis. A hydrocolloid is a suspension of particles in water where the particles are molecules that bind to water and to one another.

Research Scope

The report provides market value for base year 2021 and a yearly forecast from 2022 to 2029 in terms of revenue (USD Million). Market for each segment is present on North America, Europe, Asia Pacific, Latin America and Middle East & Africa as well as regional basis for the above-mentioned forecast period.

Key industry dynamics, regulatory scenario, major material dynamics and Hip replacement devices future markets are analyzed to understand their impact on demand for the forecast period. Growth rates have been estimated using correlation, regression and time-series analysis.

Market Overview

Hydrocolloids market report also provide a thorough understanding of the cutting-edge competitive analysis of the emerging market trends along with the drivers, restraints, challenges, and opportunities in the Hydrocolloids market to offer worthwhile insights and current scenario for making right decision. The report covers the prominent players in the market with detailed SWOT analysis, financial overview, and key developments of the products/services from the past three years. Moreover, the report also offers a 360º outlook of the market through the competitive landscape of the global industry player and helps the companies to garner Hydrocolloids market revenue by understanding the strategic growth approaches.

Hydrocolloids Market study by “Zettabyte Analytics” provides details about the market dynamics affecting the market, Market scope, Market segmentation and overlays shadow upon the leading market players highlighting the favorable competitive landscape and trends prevailing over the years.

Market Segmentation

For the purpose of this report, the global Hydrocolloids market is segmented on the basis of Type, Source, Function, Application and region:

Type Outlook:

On the basis of Type, the market is segmented into Gelatin, Xanthan gum, Carrageenan, Alginates, Agar, Pectin, Guar gum, Locust bean gum (LBG) Gum Arabic, Other Product Types.

Figure 1 - Hydrocolloids Market, By Type (Market Size And Forecast By Value - USD Million, 2021 & 2029)

Source Outlook:

On the basis of Source, the market is segmented into Botanical, Microbial, Animal, Seaweed, Synthetic.

Figure 2 - Source Outlook (Revenue, USD Million, 2021)

Function Outlook:

On the basis of Function, the market is segmented into Thickener, Stabilizers, Gelling agents, Fat replacers, Coating materials, Others functions.

Application Outlook:

On the basis of Application, the market is segmented into Dairy and Frozen Products, Bakery, Beverages, Confectionery, Meat and Seafood Products, Other Applications.

Figure 3 - Hydrocolloids Market, By Application (Market Size and Forecast by Value - USD Million, 2021 & 2029)

Regional Outlook (Revenue, USD million; 2021 & 2029)

Figure 4 - Hydrocolloids Market: Regional dynamics

An exclusive Hydrocolloids market research report provides depth analysis of the market dynamics across five regions such as North America, Europe, South America, Asia-Pacific, Middle East and Africa. Further, the market has been estimated by utilizing various research methodologies and internal statistical model.

Companies Considered And Profiled In This Market Study

The players operating in the market have undertaken several strategies related to the market in the period 2019-2021. Some of the prominent players in the Hydrocolloids market include:

·       AGAR DEL PACIFICO S.A.

·       AGARMEX

·       ALTRAFINE GUMS

·       ARCHER DANIELS MIDLAND COMPANY (ADM)

·       Ashland Inc.

·       B & V SRL

·       BASF SE

·       BHANSALI INTERNATIONAL

·       CARGILL, INCORPORATED.

·       CP Kelco

·       Darling Ingredients Inc.

·       DEOSEN

·       E. I. du Pont de Nemours and Company

·       EST-AGAR AS

·       EXANDAL CORP

·       FMC Corporation

·       Fuerst Day Lawson

·       FUFENG GROUP

·       Hispanagar  S.A.

·       IFF NUTRITION & BIOSCIENCES

·       INDIAN HYDROCOLLOIDS

·       Ingredion Incorporated

·       Jungbunzlauer Suisse AG

·       Kerry Group PLC.

·       Koninklijke DSM N.V.

·       Lubrizol Corporation

·       LUCID COLLOIDS LTD

·       NEXIRA

·       PALSGAARD

·       Rousselot S.A.S.

·       SUNITA HYDROCOLLOIDS PVT LTD

·       TATE & LYLE

·       TIC GUMs Inc.

Global Hydrocolloids Market Report Scope

Type Outlook (Revenue, USD Million/Billion; 2018-2029)

·       Gelatin

·       Xanthan gum

·       Carrageenan

·       Alginates

·       Agar

·       Pectin

·       Guar gum

·       Locust bean gum (LBG)

·       Gum Arabic

·       Carboxymethyl cellulose (CMC)

·       Microcrystalline cellulose (MCC)

Source Outlook (Revenue, USD Million/Billion; 2018-2029)

·       Botanical

·       Microbial

·       Animal

·       Seaweed

·       Synthetic

Function Outlook (Revenue, USD Million/Billion; 2018-2029)

·       Thickener

·       Stabilizers

·       Gelling agents

·       Fat replacers

·       Coating materials

·       Others functions (Emulsifier and moisture-binding agents)

Application Outlook (Revenue, USD Million/Billion; 2018-2029)

·       Dairy and Frozen Products

·       Bakery

·       Beverages

·       Confectionery

·       Meat and Seafood Products

·       Oils and Fats

·       Other Applications

Regional Outlook (Revenue, USD Million/Billion; 2018-2029)

·       North America

o   U.S.

o   Canada

·       Europe

o   Germany

o   U.K.

o   France

o   Spain

o   Italy

o   Rest of the Europe

·       Asia Pacific

o   India

o   Japan

o   China

o   South Korea

o   Australia

o   Rest of Asia-Pacific

·       Middle East & Africa

o   UAE

o   Saudi Arabia

o   South Africa

o   Rest of Middle East & Africa

·       Latin America

o   Brazil

o   Mexico

o   Argentina

o   Rest of Latin America

Key Benefits of the Report:

·       Global, regional, country, Type, Source, Function, Application, and market size and their forecast from 2018-2029.

·       Identification and detailed analysis on key market dynamics, such as, drivers, restraints, opportunities, and challenges influencing growth of the market

·       Detailed analysis on industry outlook with market specific PESTLE, and supply chain to better understand the market and build expansion strategies

·       Identification of key market players and comprehensively analyze their market share and core competencies, detailed financial positions, key products, and unique selling points

·       Analysis on key players’ strategic initiatives and competitive developments, such as Collaborations, mergers, and new product launches in the market

·       Expert interviews and their insights on market shift, current and future outlook, and factors impacting vendors’ short term and long-term strategies

·       Detailed insights on emerging regions, Type, Source, Function, Application, and options with qualitative and quantitative information and fact