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
|
Gelatin
|
Xanthan gum
|
Carrageenan
|
Alginates
|
Agar
|
Pectin
|
Guar gum
|
Locust bean gum (LBG)
|
Gum Arabic
|
Carboxymethyl cellulose
(CMC)
|
Microcrystalline
cellulose (MCC)
|
|
|
Source
|
Botanical
|
Microbial
|
Animal
|
Seaweed
|
Synthetic
|
|
|
Function
|
Thickener
|
Stabilizers
|
Gelling agents
|
Fat replacers
|
Coating materials
|
Others functions
(Emulsifier and moisture-binding agents)
|
|
|
Application
|
Dairy and Frozen Products
|
Bakery
|
Beverages
|
Confectionery
|
Meat and Seafood Products
|
Oils and Fats
|
Other Applications
|
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)