PUBLISHER: The Insight Partners | PRODUCT CODE: 1419104
PUBLISHER: The Insight Partners | PRODUCT CODE: 1419104
MARKET OVERVIEW
The global hydrocolloids market is expected to each USD 20.85 billion in 2030 from USD 13.56 billion in 2022. The market is anticipated to grow with a CAGR of 5.5% from 2022 to 2030.
A colloid is basically a mixture of non-crystalline substances made up of molecules of one substance which is diffused via a second substance. This further includes sols, gels, and emulsions where these particles do not settle and also cannot be separated ordinarily. Hydrocolloids are known as a colloid system where these colloids are dissolved in water depending on the quantity of water which can take place in different states like gel or sol. Some of the common examples of hydrophilic substances include sugar, starch, salt, and cellulose. Hydrocolloids further find application in several food formulations, including sauces, toppings, gravies, salad dressings, and soups. They are again used in various food products such as cakes, gelled desserts, ice creams, candies, jellies, and jams to achieve the desired texture.
MARKET SCOPE
The "Global Hydrocolloids Market Analysis to 2028" is a specialized and in-depth study of the food and beverage industry with a special focus on the global market trend analysis. The report aims to provide an overview of the hydrocolloids market with detailed market segmentation by type, application, category, and geography. The report provides key statistics on the market status of the leading hydrocolloids market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
Based on type, the global hydrocolloids market is segmented into Gelatin, Starches, Pectin, Xanthan Gum, Carrageenan, Alginates, and Others. Based on application, the global hydrocolloids market is segmented into Bakery and Confectionery; Dairy and Frozen Desserts; Meat, Poultry, and Seafood; Beverages; Pharmaceuticals and Nutraceuticals, Personal Careand Others.
MARKET DYNAMICS
Drivers
Increased R&D and innovations in hydrocolloids
High application in confectionaries, salad dressing, and toppings
Increasing consumption of premium food & beverage products
Restraints
Volatilities in the pricing of raw materials
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2030 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The hydrocolloids market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the hydrocolloids market in these regions.
MARKET PLAYERS
The report covers key developments in the hydrocolloids market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as type launches, type approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from hydrocolloids market are anticipated to lucrative growth opportunities in the future with the rising demand for hydrocolloids in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the hydrocolloids market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
Archer Daniels Midland Company
Ashland
Cargill, Incorporated
DSM
Brenntag AG
Glanbia plc
Ingredion Incorporated
Tate and Lyle PLC
Nexira
TIC Gums, Inc.