PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1490890
PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1490890
Food hydrocolloids market size is projected to expand at over 4.1% CAGR from 2024 to 2032, owing to the rising adoption for convenience foods and processed products. The ability to modify and control the rheological properties of food formulations is making food hydrocolloids indispensable for achieving desired sensory attributes and product functionalities.
The growing shift towards clean-label and organic ingredients in food products has led to the exploration of hydrocolloids derived from plant and microbial sources as alternatives to synthetic additives. For instance, in March 2024, Ingredion introduced NOVATION Indulge 2940 starch to expand its range of clean label texturizers. This new first-ever non-GMO functional corn starch provides a unique texture for gelling and co-texturizing for popular dairy and alternative dairy products and desserts.
Growing technological advancements and innovations in hydrocolloid processing and applications is further driving the market growth. Manufacturers are investing in R&D to enhance the functionality, stability, and versatility of hydrocolloid ingredients for catering to the diverse needs of the food sector. Advanced processing techniques, such as enzymatic modification and microencapsulation is also enabling the production of hydrocolloid ingredients with improved performance and shelf stability, expanding its applications in various food formulations.
The food hydrocolloids industry is segmented into type, source, application and region.
Based on type, the market size from the guar gum segment is slated to witness 4.8% growth rate during 2024-2032, due to its unique properties and versatile applications in food formulations. Guar gum is known for its excellent thickening, stabilizing, and emulsifying properties, emerging as a popular choice among food manufacturers. Unlike other hydrocolloids, guar gum exhibits exceptional viscosity and stability in cold conditions, making it suitable for a wide range of food products, including dairy, bakery, sauces, and beverages.
In terms of application, the food hydrocolloids market from the diary & frozen products segment will grow at 3.5% CAGR through 2032, due to its increasing demand for texture enhancement, stability, and shelf-life extension. Hydrocolloids help in improving the viscosity, texture, and mouthfeel of dairy products, such as yogurt, cheese, and ice cream while enhancing their overall sensory appeal. These products also aid in preventing syneresis and ice crystal formation in frozen desserts and convenience foods for ensuring product quality and consistency throughout storage and distribution.
Europe food hydrocolloids industry is projected to generate lucrative opportunities at 3.3% CAGR during 2024-2032, attributed to the increasing consumer preference for clean-label and natural food products. European consumers are increasingly seeking food products free from artificial ingredients and preservatives, driving the adoption of natural hydrocolloids with clean-label appeal. Growing stringent regulatory standards and quality requirements governing food production will further drive the adoption of high-quality hydrocolloid ingredients, favoring the regional market growth.