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Hydrocolloid Food Additive Market: Trends, Opportunities and Competitive Analysis 2023-2028

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    Report

  • 150 Pages
  • April 2023
  • Region: Global
  • Lucintel
  • ID: 5778424
The future of the hydrocolloid food additive market looks promising with opportunities in the food & beverage, cosmetics & personal care products, and pharmaceuticals markets. The global hydrocolloid food additive market is expected to reach an estimated $9.5 billion by 2028 with a CAGR of 5.5% from 2023 to 2028. The major drivers for this market are growing demand for convenience food and increasing consumer awareness towards health along with rising demand for healthier and more natural products.

Hydrocolloid Food Additive Market by Segment

The study includes trends and forecast for the global hydrocolloid food additive market by product type, application, function, source, and region, as follows:

Hydrocolloid Food Additive Market by Product Type [Value ($B) Shipment Analysis from 2017 to 2028]:

  • Gelatin
  • Xanthan Gum
  • Carrageenan
  • Alginates
  • Agar
  • Pectin
  • Guar Gum
  • Locust Bean Gum (LBG)
  • Gum Arabic
  • Carboxymethyl Cellulose (CMC)
  • Microcrystalline Cellulose (MCC)

Hydrocolloid Food Additive Market by Application [Value ($B) Shipment Analysis from 2017 to 2028]:

  • Food & Beverages
  • Bakery & Confectionery
  • Meat & Poultry Products
  • Sauces & Dressings
  • Dairy Products
  • Other Food & Beverages
Cosmetics & Personal Care Products
Pharmaceuticals

Hydrocolloid Food Additive Market by Function [Value ($B) Shipment Analysis from 2017 to 2028]:

  • Thickener
  • Stabilizers
  • Gelling Agents
  • Fat Replacers
  • Coating Materials
  • Other Functions

Hydrocolloid Food Additive Market by Source [Value ($B) Shipment Analysis from 2017 to 2028]:

  • Botanical
  • Microbials
  • Animals
  • Seaweeds
  • Synthetic

Hydrocolloid Food Additive Market by Region [Value ($B) Shipment Analysis from 2017 to 2028]:

  • North America
  • Europe
  • Asia Pacific
  • The Rest of the World

List of Hydrocolloid Food Additive Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies hydrocolloid food additive companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the hydrocolloid food additive companies profiled in this report include.
  • Ingredion
  • Cargill
  • Darling Ingredients
  • Kerry Group

Hydrocolloid Food Additive Market Insights

The analyst forecasts that gelatin will remain the larger segment over the forecast period as it is a versatile hydrocolloid and in high demand in a wide range of applications, including food, pharmaceuticals, and cosmetics.

Food & beverages is expected to remain the largest segment due to increasing demand for ready-to-eat products and growing consumption of natural and clean-label food products.

North America will remain the largest region due to rise in the number of health-conscious consumers and increasing demand for low-calorie food products in the region.

Features of the Hydrocolloid Food Additive Market

  • Market Size Estimates: Hydrocolloid food additive market size estimation in terms of value ($B)
  • Trend and Forecast Analysis: Market trends (2017-2022) and forecast (2023-2028) by various segments and regions.
  • Segmentation Analysis: Hydrocolloid food additive market size by various segments, such as by product, application, function, source, and region
  • Regional Analysis: Hydrocolloid food additive market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
  • Growth Opportunities: Analysis on growth opportunities in different products, applications, functions, sources, and regions for the hydrocolloid food additive market.
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape for the hydrocolloid food additive market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQS

Q1. What is the hydrocolloid food additive market size?
Answer: The global hydrocolloid food additive market is expected to reach an estimated $9.5 billion by 2028.

Q2. What is the growth forecast for hydrocolloid food additive market?
Answer: The global hydrocolloid food additive market is expected to grow with a CAGR of 5.5% from 2023 to 2028.

Q3. What are the major drivers influencing the growth of the hydrocolloid food additive market?
Answer: The major drivers for this market are growing demand for convenience food and increasing consumer awareness towards health along with rising demand for healthier and more natural products.

Q4. What are the major segments for hydrocolloid food additive market?
Answer: The future of the hydrocolloid food additive market looks promising with opportunities in various applications, such as food & beverages, cosmetics & personal care products, and pharmaceuticals.

Q5. Who are the key hydrocolloid food additive companies?
Answer: Some of the key hydrocolloid food additive companies are as follows:
  • Ingredion
  • Cargill
  • Darling Ingredients
  • Kerry Group
Q6. Which hydrocolloid food additive segment will be the largest in future?
Answer: The analyst forecasts that gelatin will remain the largest product type segment over the forecast period as it is a versatile hydrocolloid, and in high demand in a wide range of applications, including food, pharmaceuticals, and cosmetics.

Q7. In hydrocolloid food additive market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region due to rise in the number of health-conscious consumers and increasing demand for low-calorie food products in the region.

Q8. Do we receive customization in this report?
Answer: Yes, the analyst provides 10% Customization Without any Additional Cost.

This report answers following 11 key questions

Q1. What are some of the most promising, high-growth opportunities for the hydrocolloid food additive market by product type (gelatin, xanthan gum, carrageenan, alginates, agar, pectin, guar gum, locust bean gum (LBG), gum arabic, carboxymethyl cellulose (CMC), and microcrystalline cellulose (MCC)), application (food & beverage (bakery & confectionery, meat & poultry products, sauces & dressings, dairy products, and other food & beverages), cosmetics & personal care products, and pharmaceuticals), function (thickener, stabilizers, gelling agents, fat replacers, coating materials, and other functions), source (botanical, microbial, animals, seaweed, and synthetic), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q2. Which segments will grow at a faster pace and why?
Q3. Which region will grow at a faster pace and why?
Q4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q5. What are the business risks and competitive threats in this market?
Q6. What are the emerging trends in this market and the reasons behind them?
Q7. What are some of the changing demands of customers in the market?
Q8. What are the new developments in the market? Which companies are leading these developments?
Q9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q11. What M&A activity has occurred in the last five years and what has its impact been on the industry?


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Table of Contents

1. Executive Summary

2. Global Hydrocolloid Food Additive Market: Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges

3. Market Trends and Forecast Analysis from 2017 to 2028
3.1: Macroeconomic Trends (2017-2022) and Forecast (2023-2028)
3.2: Global Hydrocolloid Food Additive Market Trends (2017-2022) and Forecast (2023-2028)
3.3: Global Hydrocolloid Food Additive Market by Product Type
3.3.1: Gelatin
3.3.2: Xanthan gum
3.3.3: Carrageenan
3.3.4: Alginates
3.3.5: Agar
3.3.6: Pectin
3.3.7: Guar Gum
3.3.8: Locust Bean Gum (LBG)
3.3.9: Gum Arabic
3.3.10: Carboxymethyl Cellulose (CMC)
3.3.11: Microcrystalline Cellulose (MCC)
3.4: Global Hydrocolloid Food Additive Market by Application
3.4.1: Food & Beverage
3.4.2: Cosmetics & Personal Care Products
3.4.3: Pharmaceuticals
3.5: Global Hydrocolloid Food Additive Market by Function
3.5.1: Thickener
3.5.2: Stabilizers
3.5.3: Gelling Agents
3.5.4: Fat Replacers
3.5.5: Coating Materials
3.5.6: Other Functions
3.6: Global Hydrocolloid Food Additive Market by Source
3.6.1: Botanical
3.6.2: Microbial
3.6.3: Animal
3.6.4: Seaweed
3.6.5: Synthetic

4. Market Trends and Forecast Analysis by Region from 2017 to 2028
4.1: Global Hydrocolloid Food Additive Market by Region
4.2: North American Hydrocolloid Food Additive Market
4.2.1: North American Hydrocolloid Food Additive Market by Product: Gelatin, Xanthan Gum, Carrageenan, Alginates, Agar, Pectin, Guar Gum, Locust Bean Gum (LBG), Gum Arabic, Carboxymethyl Cellulose (CMC), and Microcrystalline Cellulose (MCC)
4.2.2: North American Hydrocolloid Food Additive Market by Application: Food & Beverage, Cosmetics & Personal Care Products, and Pharmaceuticals
4.3: European Hydrocolloid Food Additive Market
4.3.1: European Hydrocolloid Food Additive Market by Product: Gelatin, Xanthan Gum, Carrageenan, Alginates, Agar, Pectin, Guar Gum, Locust Bean Gum (LBG), Gum Arabic, Carboxymethyl Cellulose (CMC), and Microcrystalline Cellulose (MCC)
4.3.2: European Hydrocolloid Food Additive Market by Application: Food & Beverage, Cosmetics & Personal Care Products, and Pharmaceuticals
4.4: APAC Hydrocolloid Food Additive Market
4.4.1: APAC Hydrocolloid Food Additive Market by Product: Gelatin, Xanthan Gum, Carrageenan, Alginates, Agar, Pectin, Guar Gum, Locust Bean Gum (LBG), Gum Arabic, Carboxymethyl Cellulose (CMC), and Microcrystalline Cellulose (MCC)
4.4.2: APAC Hydrocolloid Food Additive Market by Application: Food & Beverage, Cosmetics & Personal Care Products, and Pharmaceuticals
4.5: ROW Hydrocolloid Food Additive Market
4.5.1: ROW Hydrocolloid Food Additive Market by Product: Gelatin, Xanthan Gum, Carrageenan, Alginates, Agar, Pectin, Guar Gum, Locust Bean Gum (LBG), Gum Arabic, Carboxymethyl Cellulose (CMC), and Microcrystalline Cellulose (MCC)
4.5.2: ROW Hydrocolloid Food Additive Market by Application: Food & Beverage, Cosmetics & Personal Care Products, and Pharmaceuticals

5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis

6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Hydrocolloid Food Additive Market by Product Type
6.1.2: Growth Opportunities for the Global Hydrocolloid Food Additive Market by Application
6.1.3: Growth Opportunities for the Global Hydrocolloid Food Additive Market by Function
6.1.4: Growth Opportunities for the Global Hydrocolloid Food Additive Market by Source
6.1.5: Growth Opportunities for the Global Hydrocolloid Food Additive Market by Region
6.2: Emerging Trends in the Global Hydrocolloid Food Additive Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Hydrocolloid Food Additive Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Hydrocolloid Food Additive Market
6.3.4: Certification and Licensing

7. Company Profiles of Leading Players
7.1: Ingredion
7.2: Cargill
7.3: Darling Ingredients
7.4: Kerry Group

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Ingredion
  • Cargill
  • Darling Ingredients
  • Kerry Group

Methodology

The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:

  • In-depth interviews of the major players in the market
  • Detailed secondary research from competitors’ financial statements and published data
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.

Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.

Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.

 

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