South America Food Hydrocolloids Market-Growth, Trends and Forecast 2017 - 2022

  • ID: 4386707
  • Report
  • Region: South America
  • 87 pages
  • Mordor Intelligence
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The demand for natural food products is increasing among the health conscious consumer. This has resulted in the tremendous growth of the global hydrocolloids market. Hydrocolloids function as binding agents, stabilizers, emulsifiers, thickeners and gelling agents. The global market for hydrocolloids is expected to reach a value of US$ 8,000 million by 2020 with a growing CAGR of 5.7%. When compared to other regions South America is the slowest growing market. However, increasing consumption of convenience and processed foods is expected to create demand in these regions.

The market is largely driven by increased Research & Development and innovations in hydrocolloids. Consumer preference for natural ingredients and the varied applications of hydrocolloids in the food and beverage industry are some of the reasons for the uptick in demand. The changing consumer demographics in terms of lifestyle changes and growing working population resulting in consumer demand for convenience and processed foods, especially among the emerging nations. This is seen as an opportunity for the manufacturers to adopt hydrocolloids in their manufacturing process. However, the market is mainly constrained by the demand - supply imbalances. Seasonal changes cause volatility in the raw material pricing, thus raising costs for manufacturers. In spite of restrains, the market sees huge potential for growth.

The market is segmented based on type which includes gelatin, xanthan gum, starch, carrageenan and others. Majority of the hydrocolloids require raw materials to be sourced from seaweeds, plants, animals and microorganisms. Hydrocolloids are used for a wide range of applications, such as bakery, confectionery, meat & poultry, beverage, and dairy & frozen products. Bakery and Confectionary dominate the market share for hydrocolloids. Based on regions the market is segmented as North America, Europe, Asia-pacific, South America and Africa. Changing lifestyles of consumers and increasing awareness on nutritional food is driving the hydrocolloids market in developing countries, such as Brazil and Argentina. While Brazil dominates the market in South American region, Argentina holds a larger share in the Gelatin segment.

The major players in the food hydrocolloids market include CP Kelco , Cargill Inc., Ashland Inc., Kerry Group , Hawkins Watts, DuPont, and Royal DSM . The key strategies being used by these market players are that of focusing on expansion of new facilities and launching new products & Services.
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1. Introduction
1.1 Research methodology
1.2 Market Definition
1.3 Report Description
2. Key Findings
3. Market Overview & Dynamics
3.1 Introduction
3.2 Drivers
3.2.1 Demand for Natural hydrocolloids
3.2.2 Growing innovations in Hydrocolloids market
3.2.3 Wide applications due to varied functionality
3.3 Restraints
3.3.1 Raw material vulnerable to seasonal changes
3.3.2 Demand and supply imbalance
3.4 Opportunities
3.4.1 Increasing demand for convenience & Processed foods
3.4.2 Demand from emerging countries
3.4.3 Wider Acceptance of GSFA for improved International Trade
3.5 Porter Five Forces Analysis
3.5.1 Bargaining power of Suppliers
3.5.2 Bargaining power of Buyers
3.5.3 Degree of Competition
3.5.4 Threat of Substitution
3.5.5 Threat of new entrants
4. Market Segmentation by Type
4.1 Food Hydrocolloids Market, by type
4.1.1 Starch
4.1.2 Gelatin gum
4.1.3 Xanthan gum
4.1.4 Others
4.2 By Application
4.2.1 Bakery
4.2.2 Dairy & Frozen products
4.2.3 Oils & Fats
4.2.4 Confectionary
4.2.5 Meat poultry & Sea Food products
4.2.6 Beverages
4.2.7 Others
5. Competitive Landscape Overview
5.1 Market Share Analysis
5.2 Strategies by leading players
5.3 New Product Developments &Other Innovations
6. Company Profiles
6.1 Cargill Inc
6.2 CP Kelco
6.3 Dupont
6.4 Kerry Group
6.5 Royal DSM
6.6 Hawkins Watts
6.7 J.F.Hydrocolloids
6.8 Ashland
6.9 Behn Meyer
6.10 TIC Gums corporation
6.11 Iberagar
6.12 Darling Ingredients Inc
6.13 Penford Corporation
7. Appendix

List of Tables

1: Brazil: Hydrocolloids market Revenue,by Type, 2012-2020 ($Million)
2: Brazil: Hydrocolloids market Revenue,by Application, 2012-2020 ($Million)
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