Food Hydrocolloids Market Poised to Grow at a CAGR of 5.70% by 2024

Food Hydrocolloids Market Poised to Grow at a CAGR of 5.70% by 2024


Infinium Global Research has added a new report on Food Hydrocolloids Market. The report presents analysis of global as well as regional markets of food hydrocolloids market over the period of 2016 to 2024. Food hydrocolloid gums that are added to foods to regulate their functional properties such as thickening, emulsifying, stabilizing and gelling. Major types of hydrocolloid are gelatin, guar, CMC, pectin, carrageenan and others. It is used as a preservative in food processing to improve the quality and shelf life of food products. It also helps in improving the texture and stability of the product.  Hydrocolloids have been used for gelling purpose in cosmetics and medical industry owing to the advancement of food research. Food hydrocolloid are manufactured from extensive range of sources such as seaweed, synthetic, plants, microbial and animals. 

 

Factors such as increasing demand due to its ability to lessen considerable amount for dissolving water and acting as fat substitutes in food products are likely to fuel the global hydrocolloids market. Further, growing acceptance of ready-to-eat meals, and increasing the usage of hydrocolloids as thickening and gelling agents in food are boost the growth of Food hydrocolloid market. In addition, other factors that are driving the growth of this market are upsurge in health consciousness, multi-functionality of food hydrocolloid, and growing demand for food hydrocolloid in food products due to its increasing shelf life property in food.



Additionally, the key players in the food hydrocolloids market are constantly focused on R&D to provide new products to their rising demand in processed and convenience foods. The probable growth opportunities in emerging economies and the increasing consumption of convenience foods are projected to accelerate the growth of the overall market in the upcoming years. However, the multi usage of food hydrocolloids is projected to generate promising growth opportunities for this market in upcoming years. On the other hand factor such as the strict regulations affecting to use of food stabilizer products is estimated to hamper the growth of food hydrocolloids market over the upcoming years.

 

 

In terms of geographic, North America dominated the growth of food hydrocolloid market followed by Europe and Asia Pacific. The growth in this region is mainly due to growth in disposable income, increase in the demand for processed food, changing consumers’ lifestyle, and increase in working population that have resulted in growing demand for convenience and processed foods and these factors are boosting the growth of food hydrocolloid market. Further, in Europe region, factors such as rising demand for healthy food products, upsurge in processed foods demand with the noteworthy growth in low-fat food products is anticipated to drive the market growth in this region. In addition, Asia Pacific region is boosted by the factors such as growing consciousness on nutritional food, augmented application of product manufacturers in the developing countries, and shifting food intake pattern in countries like China and India are propelling the growth of food hydrocolloid market in Asia Pacific. Moreover, the growth matrix presented by Infinium Global Research identifies the key investment markets in the near future, this will not only help the companies to understand the competitive position in the global food hydrocolloids market but also make strategic decisions to capture the most lucrative markets in the near future. The market size is presented in terms of value for the historic year 2016 and estimated for forecast period of 2018-2024.


 

Get 15% discount for early purchase of global food hydrocolloids market report by clicking the following link, Use code IGRD15 to request the discount in the given form

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The recent report identified that North America dominated the global food hydrocolloids market over the last couple of years, while emerging markets of Asia-Pacific and Latin America are anticipated to contribute significantly to the growth in the food hydrocolloids market worldwide.


The report segments the global food hydrocolloids market on the basis of Type, Source, Function and Application.

 

Global Food Hydrocolloids Market by Type

·         Galactomannans

·         Pectin

·         Carrageenan

·         Starch

·         Agar

·         Alginate

·         Xanthan Gum

·         Gelatin

 

Global Food Hydrocolloids Market by Source

·         Synthetic Source

·         Natural Source

 

Global Food Hydrocolloids Market by Function

·         Emulsifier

·         Fat Replacer

·         Stabilizer

·         Gellying Agent

·         Coating Agents

 

Global Food Hydrocolloids Market by Application

·         Oils& Fats

·         Beverages

·         Bakery

·         Confectionery

·         Meat, Poultry & Seafood

·         Dairy & Frozen Products

 

Companies Profiled in the Report

·         Cargill Inc

·         Hawkins Watts

·         Royal DSM

·         Ashland

·         TIC Gums corporation

·         Darling Ingredients Inc

·         Penford Corporation

·         CP Kelco

·         Kerry Group

·         Dupont

 

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