The global hydrocolloids market size reached US$ 10.75 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 14.8 Billion by 2027, exhibiting a CAGR of 5.47% during 2021-2027.
Hydrocolloids are high molecular weight hydrophilic polymers that form a colloidal dispersion in water. They are extracted from plants, animals, seaweeds, and microbials. Pectin, carrageenan, gelatin, alginates, agar, carboxy methyl, and guar gum are some commonly used hydrocolloids. They are widely incorporated in beverages, bakery products, dairy, frozen food, confectionery, seafood, oils, and fats. Hydrocolloids improve the textural properties and act as thickeners, water retention agents, stabilizers, emulsifiers, and gel-forming agents. They also provide a moist and insulating healing environment that protects uninfected wounds, treats acne blemishes, and reduces inflammation and skin redness. As a result, hydrocolloids find extensive applications across the food and beverage (F&B), pharmaceutical, personal care, and cosmetics industries.
Hydrocolloids are high molecular weight hydrophilic polymers that form a colloidal dispersion in water. They are extracted from plants, animals, seaweeds, and microbials. Pectin, carrageenan, gelatin, alginates, agar, carboxy methyl, and guar gum are some commonly used hydrocolloids. They are widely incorporated in beverages, bakery products, dairy, frozen food, confectionery, seafood, oils, and fats. Hydrocolloids improve the textural properties and act as thickeners, water retention agents, stabilizers, emulsifiers, and gel-forming agents. They also provide a moist and insulating healing environment that protects uninfected wounds, treats acne blemishes, and reduces inflammation and skin redness. As a result, hydrocolloids find extensive applications across the food and beverage (F&B), pharmaceutical, personal care, and cosmetics industries.
Hydrocolloids Market Trends:
Significant growth in the F&B industry across the globe is creating a positive outlook for the market. Hydrocolloids are widely used as gelling and thickening agents in soups, gravies, jams, jellies, and marmalade. In addition, increasing product utilization for manufacturing convenience food products to improve shelf-life, increase consistency, and control the microstructure, texture, and flavor is acting as another growth-inducing factor. Furthermore, the rising product demand in the cosmetics and personal care industries to produce toothpaste, lotions, deodorants, and sunscreens due to their viscosity-controlling and water-binding properties are providing a thrust to the market growth. Apart from this, the introduction of ultrasound or microwave-assisted extraction of hydrocolloids from macroalgae that reduces the use of chemicals, maximizes yield, and maintains sustainability is propelling the market growth. Moreover, the widespread product utilization in the pharmaceutical sector for manufacturing oral formulations due to its excellent rheological properties that regulate the flow behavior and impart stickiness is providing a considerable boost to the market growth. Other factors, including the rising application of hydrocolloids for dressing and wound care, increasing demand for natural ingredients and clean-label products, and shifting inclination towards ready-to-eat (RTE) products, are anticipated to drive the market growth.Key Market Segmentation:
The publisher provides an analysis of the key trends in each sub-segment of the global hydrocolloids market report, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on source, product, function and application.Breakup by Source:
- Animal
- Botanical
- Microbial
- Seaweed
- Synthetic
Breakup by Product:
- Gelatin
- Xanthan Gum
- Carrageenan
- Guar Gum
- Others
Breakup by Function:
- Thickening
- Gelling
- Stabilizing
- Others
Breakup by Application:
- Food and Beverages
- Personal Care and Cosmetics
- Pharmaceuticals
Breakup by Region:
North America
- United States
- Canada
Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Agarmex Sa De Cv., Archer-Daniels-Midland Company, Ashland Global Specialty Chemicals Inc., B. Braun SE, Cargill Incorporated, Carob S.A., CP Kelco U.S. Inc. (J.M. Huber Corporation), Ingredion Incorporated, Koninklijke DSM N.V., Nexira, Palsgaard A/S, Rousselot (M) SDN. BHD. (Darling International Inc.). and Tate & Lyle PLC.Key Questions Answered in This Report:
- How has the global hydrocolloids market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global hydrocolloids market?
- What are the key regional markets?
- What is the breakup of the market based on the source?
- What is the breakup of the market based on the product?
- What is the breakup of the market based on the function?
- What is the breakup of the market based on the application?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global hydrocolloids market and who are the key players?
- What is the degree of competition in the industry?
Report Attribute | Details |
---|---|
No. of Pages | 145 |
Published | November 2022 |
Forecast Period | 2021 - 2027 |
Estimated Market Value ( Billion
| Billion 10.75 Billion |
Forecasted Market Value ( Billion
| Billion 14.8 Billion |
Compound Annual Growth Rate | 5.4% |
Regions Covered | Global |
No. of Companies Mentioned | 13 |
Table of Contents
1 Preface3 Executive Summary12 Value Chain Analysis14 Price Analysis
2 Scope and Methodology
4 Introduction
5 Global Hydrocolloids Market
6 Market Breakup by Source
7 Market Breakup by Product
8 Market Breakup by Function
9 Market Breakup by Application
10 Market Breakup by Region
11 SWOT Analysis
13 Porters Five Forces Analysis
15 Competitive Landscape
List of Figures
List of Tables
Companies Mentioned
- Agarmex Sa De Cv.
- Archer-Daniels-Midland Company
- Ashland Global Specialty Chemicals Inc.
- B. Braun SE
- Cargill Incorporated
- Carob S.A.
- CP Kelco U.S. Inc. (J.M. Huber Corporation)
- Ingredion Incorporated
- Koninklijke DSM N.V.
- Nexira
- Palsgaard A/S
- Rousselot (M) SDN. BHD. (Darling International Inc.).
- Tate & Lyle PLC.
Methodology
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