Hydrocolloids Market - Global Opportunity Analysis and Industry Forecast (2020-2027)

Hydrocolloids Market -
Global Opportunity
Analysis and Industry
Forecast (2020-2027)

Hydrocolloids Market– 2020-2027
Meticulous Research® – leading global market research company published a research report
titled “Hydrocolloids Market by Source (Animal, Microbial, Synthetic, Seaweed), Type (Gelatin,
Carboxy Methyl Cellulose, Alginates, Guar Gum), Function (Stabilizer, Encapsulation, Gelling
Agent, Coating Material), End User (Textile, Cosmetics) – Global Forecast to 2027”.
According to this latest publication from Meticulous Research®, the overall hydrocolloids market is
projected to reach a value of $10.2 billion by 2027, growing at a CAGR of 4.4% during the forecast
period. In terms of volume, the market is expected to reach 3878.5 MT by 2027 at a CAGR of 4% during
2020- 2027. This market is majorly driven by factors such as the rising establishment of food and
beverage manufacturing units, increasing consumer awareness level for nutritious food, and versatile
functionality of hydrocolloids in various industrial sectors. However, the rising hydrocolloids cost and
fluctuation in the price of raw material is expected to obstruct the growth of this market to some extent.
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Industry Forecast (2020-2027)
The global hydrocolloids market study presents historical market data in terms of value and volume
(2018 and 2019), estimated current data (2020), and forecasts for 2027. The market is segmented on
the basis of source (botanical, animal, seaweed, microbial and synthetic), type (gelatin, pectin,
carrageenan, carboxy methyl cellulose (CMC), xanthan, alginates, guar gum, locust bean gum, agar,
gellan gum, microcrystalline cellulose (MCC), and others), function (thickening & gelling, coating
material, stabilizer and fat replacer), end-user (food and beverages, pharmaceuticals, cosmetics, textile,
and others), and geography. The study also evaluates industry competitors and analyses the market at a
country level.
Based on source, the hydrocolloids market is segmented into a botanical, animal, seaweed, microbial,
and synthetic. The botanical source segment is estimated to command the largest share of the overall
hydrocolloids market in 2020. The large share of this segment is mainly attributed to the increasing
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Hydrocolloids Market– 2020-2027
consumer demand for natural and organic cosmetics; rapid expansion in the convenience food and
ready meal sector; and consumer’s increasing preference towards the healthy, clean label, and plantbased
food products.
Based on type, the hydrocolloids market is segmented into gelatin, pectin, carrageenan,
carboxymethylcellulose (CMC), xanthan, alginates, guar gum, locust bean gum, agar, gellan gum,
microcrystalline cellulose (MCC), and others. The gelatin is estimated to command the largest share of
the overall hydrocolloids market in 2020. However, the pectin segment is projected to grow with the
fastest CAGR during the forecast period. The factors attributed to the rapid growth of this segment are
increasing demand for natural and organic ingredients in food products, increasing consumer demand
for low-calorie, high quality food products; and growing utilization of pectin in cosmetic, pharmaceutical,
and nutraceutical industries.
Based on end-user, the hydrocolloids market is segmented into food & beverages, pharmaceutical,
cosmetics, textiles, and others. The food and beverages segment is estimated to command the largest
share of the hydrocolloids market in 2020. The large share of this segment is mainly attributed to the
factors such as multi-functionality of hydrocolloids in food industry, increasing demand for healthy food
products, and growth in demand for bakery & confectionery products.
Scope
Market by Source
• Botanical
• Animal
• Seaweed
• Microbial
• Synthetic
Market by Type
• Gelatin
• Pectin
• Carrageenan
• Carboxy Methyl Cellulose (CMC)
• Xanthan
• Alginates
• Guar Gum
• Locust Bean Gum
• Agar
• Gellan Gum
• Micro Crystalline Cellulose (MCC)
• Others
Market by Function
• Gelling & Thickening
• Coating Material
• Stabilizer
• Fat Replacer
Market by End- User
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Hydrocolloids Market– 2020-2027
• Food and Beverages
• Pharmaceutical
• Cosmetic
• Textile
• Others
Market by Geography
• North America
o U.S.
o Canada
• Europe
o Germany
o France
o Italy
o U.K.
o Spain
o Rest of Europe
• Asia-Pacific (APAC)
o China
o Japan
o India
o New Zealand
o Australia
o Rest of Asia-Pacific (RoAPAC)
• Latin America
• Middle East and Africa
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Geographic Review
This research report analyzes major geographies and provides a comprehensive analysis for North
America (U.S., Canada), Europe (France, Germany, U.K. Spain, Italy, and Rest of Europe), Asia-Pacific
(China, India, Japan, Australia, New Zealand, and Rest of Asia Pacific, Latin America, and the Middle
East, and Africa. The Asia Pacific region is estimated to command the largest share of the global
hydrocolloids market in 2020, followed by Europe, and North America. The growth in the Asia-Pacific
region is mainly driven by the factors such as growing economy of the Asian countries, well
established food processing sector, and the increasing purchasing power parity of the population.
Key players
The key players operating in the global hydrocolloids market are CP Kelco Inc. (U.S.), S.A Hwakins
Watts Ltd. (Australia), Gelnex Indústria e Comércio Ltd. (Brazil), Fiber Star Inc. (U.S.), Taiyo Kajaku Co.
Ltd (Japan), Ingredion Inc.(U.S.), Palsgaard A/S (Denmark), Dupont De Nemours, Inc (U.S.), Cargill
Inc. (U.S.), DSM N.V. (Netherlands), Archer Daniels Midland Company (U.S.), Darling Ingredients Inc.
(U.S.), Kerry Group Plc. (Ireland), and Ashland Global Holdings Inc. (U.S.) among others.
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Key questions answered in the report :-
• Which are the high growth market segments in terms of source, type, function, end user, and
region/countries?
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Hydrocolloids Market– 2020-2027
• What was the historical market for hydrocolloids across the globe?
• What are the market forecasts and estimates for the period 2020–2027?
• What are the major drivers, restraints, and opportunities in the global hydrocolloids market?
• Who are the major players in the hydrocolloids market?
• How is the competitive landscape and who are the market leaders in the global hydrocolloids
market?
• What are the recent developments in the global hydrocolloids market?
• What are the different strategies adopted by the major players in the global hydrocolloids
market?
• What are the geographical trends and high growth regions/countries?
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