Hydrocolloids Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of Hydrocolloids Market
The Hydrocolloids Market size was valued at USD 9.07 billion in 2019 and is projected to grow from USD 17.55 billion in 2020 to USD 13.30 billion in 2032 at a CAGR of 5.36% during the forecast period of 2024-2032.
The COVID-19 pandemic disrupted the hydrocolloids marketplace due to supply chain interruptions, hard work shortages, and reduced manufacturing in industries like food, cosmetics, and prescription drugs. However, demand rebounded as hydrocolloids, which includes agar, pectin, and xanthan gum, became crucial in meals preservation and stabilizing processed foods, which saw increased consumption all through lockdowns. Additionally, the growing cognizance on immunity-boosting and functional foods drove call for for hydrocolloids in nutritional products. Manufacturers also adapted by means of enhancing manufacturing capacities and diversifying deliver chains to minimize destiny disruptions. Post-pandemic, the marketplace is poised for consistent growth, supported by way of increased fitness consciousness and processed meals call for.
The call for for easy-label merchandise has pushed innovation in hydrocolloids. Consumers now select herbal, minimally processed elements, prompting manufacturers to develop plant-primarily based or natural hydrocolloids, including seaweed-derived carrageenan and agar. This fashion aligns with growing health consciousness and environmental sustainability worries. Clean-label hydrocolloids are more and more used in plant-based totally ingredients, vegan options, and herbal cosmetics, making sure capability at the same time as maintaining transparency. Product labeling highlighting ""unfastened from artificial components"" has turn out to be a key marketing strategy, positioning clean-label hydrocolloids as a top class desire in the market.
The growing worldwide call for for convenience ingredients is a giant motive force for the hydrocolloids marketplace. Hydrocolloids are vital in processed foods due to their thickening, gelling, and stabilizing residences, which enhance texture and shelf lifestyles. With urbanization and busy existence, consumers are turning to geared up-to-devour and packaged food, boosting the need for hydrocolloids in meals formulations. Additionally, the upward thrust in plant-primarily based and gluten-loose diets has accelerated the utility of hydrocolloids, as they're used to mimic textures in meat and dairy options. This versatility keeps to fuel market growth throughout diverse food classes.
Comprehensive Analysis of Hydrocolloids Market
The Hydrocolloids Market growth is rising at an exponential rate due to its marketplace segmentation. This market expansion correctly affords a detailed local assessments thinking about the dominant supply and call for forces that effect the enterprise. These segmentations are methodically segregated By type, by source, by application. By Type include Xanthan Gum, Carrageenan, Guar Gum, Gelatin, Others. By Source include Microbial ,Animal, Seaweed, Others. By Application include Food & Beverages, Pharmaceuticals, Cosmetics & Personal Care.
The Asia Pacific region lead the Hydrocolloids Market growth share by benefitting a market size of USD 3.44 billion The rising demand for processed foods and fast foods is anticipated to propel its demand in the region.
The top players in the market play a crucial role in the industry assuring market growth and setting market standards. These players include, Google LLC (Alphabet, Inc.), Magic Leap, Inc., ReWalk Robotics, SAMSUNG, B-Temia, Panasonic Holdings Corporation, NVIDIA Corporation, Microsoft, Ekso Bionics, Vuzix,these market players provide a level-playing competitive landscape.
In July 2021, Cargill Inc., an American privately held global food corporation, announced that it is investing $45 million to add soluble fibers to its European portfolio of sweeteners, texturizers, and starches in Poland.
Segmentation Table
ATTRIBUTES DETAILS
Study Period 2016-2027
Base Year 2019
Forecast Period 2020-2027
Historical Period 2016-2018
Unit Value (USD Billion)
Segmentation
By Type
Xanthan Gum
Carrageenan
Guar Gum
Gelatin
Others
By Source
Microbial
Animal
Seaweed
Others
By Application
Food & Beverages
Pharmaceuticals
Cosmetics & Personal Care
Geography
North America (By Type, Source, Application, and By Country)
The U.S. (By Application)
Canada (By Application)
Mexico (By Application)
Europe (By Type, Source, Application, and By Country)
France (By Application)
Russia (By Application)
Spain (By Application)
Italy (By Application)
Germany (By Application)
The U.K. (By Application)
Rest of Europe (By Application)
Asia Pacific (By Type, Source, Application, and By Country)
China (By Application)
Australia (By Application)
Japan (By Application)
India (By Application)
Rest of Asia Pacific (By Application)
South America (By Type, Source, Application, and By Country)
Argentina (By Application)
Brazil (By Application)
Rest of South America (By Application)
The Middle East and Africa (By Type, Source, Application, and By Country)
South Africa (By Application)
UAE (By Application)
Rest of ME&A (By Application)
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
- 3.4. Emerging Trends
- 4. Key Insights
- 4.1. Overview on the Parent/Related Market
- 4.2. Supply Chain Analysis
- 4.3. Regulatory Analysis
- 4.4. Recent Industry Developments - Policies, Mergers & Acquisitions, and New Product Launches
- 4.5. Market Analysis and Insights (in Relation with COVID-19)
- 4.5.1. Impact of COVID-19 on the Market
- 4.5.2. Supply Chain Challenges due to the Pandemic
- 4.5.3. Potential Opportunities to Support the Market during the Global Crisis
- 5. Global Hydrocolloids Market Analysis, Insights and Forecast, 2016-2027
- 5.1. Key Findings / Summary
- 5.2. Market Size Estimates and Forecast
- 5.2.1. By Type (Value)
- 5.2.1.1. Xanthan Gum
- 5.2.1.2. Carrageenan
- 5.2.1.3. Guar Gum
- 5.2.1.4. Gelatin
- 5.2.1.5. Others (Agar and Pectin)
- 5.2.2. By Source (Value)
- 5.2.2.1. Microbial
- 5.2.2.2. Animal
- 5.2.2.3. Seaweed
- 5.2.2.4. Others (Botanical and Synthetic)
- 5.2.3. By Application (Value)
- 5.2.3.1. Food and Beverages
- 5.2.3.2. Pharmaceuticals
- 5.2.3.3. Cosmetics and Personal Care
- 5.2.4. By Region (Value)
- 5.2.4.1. North America
- 5.2.4.2. Europe
- 5.2.4.3. Asia Pacific
- 5.2.4.4. South America
- 5.2.4.5. Middle East & Africa
- 6. North America Hydrocolloids Market Analysis, Insights and Forecast, 2016-2027
- 6.1. Key Findings / Summary
- 6.2. Market Size Estimates and Forecast
- 6.2.1. By Type (Value)
- 6.2.1.1. Xanthan Gum
- 6.2.1.2. Carrageenan
- 6.2.1.3. Guar Gum
- 6.2.1.4. Gelatin
- 6.2.1.5. Others (Agar and Pectin)
- 6.2.2. By Source (Value)
- 6.2.2.1. Microbial
- 6.2.2.2. Animal
- 6.2.2.3. Seaweed
- 6.2.2.4. Others (Botanical and Synthetic)
- 6.2.3. By Application (Value)
- 6.2.3.1. Food and Beverages
- 6.2.3.2. Pharmaceuticals
- 6.2.3.3. Cosmetics and Personal Care
- 6.2.4. By Country (Value)
- 6.2.4.1. U.S
- 6.2.4.1.1. By Application (Value)
- 6.2.4.1.1.1. Food and Beverages
- 6.2.4.1.1.2. Pharmaceuticals
- 6.2.4.1.1.3. Cosmetics and Personal Care
- 6.2.4.2. Canada
- 6.2.4.2.1. By Application (Value)
- 6.2.4.2.1.1. Food and Beverages
- 6.2.4.2.1.2. Pharmaceuticals
- 6.2.4.2.1.3. Cosmetics and Personal Care
- 6.2.4.3. Mexico
- 6.2.4.3.1. By Application (Value)
- 6.2.4.3.1.1. Food and Beverages
- 6.2.4.3.1.2. Pharmaceuticals
- 6.2.4.3.1.3. Cosmetics and Personal Care
- 7. Europe Hydrocolloids Market Analysis, Insights and Forecast, 2016-2027
- 7.1. Key Findings / Summary
- 7.2. Market Size Estimates and Forecast
- 7.2.1. By Type (Value)
- 7.2.1.1. Xanthan Gum
- 7.2.1.2. Carrageenan
- 7.2.1.3. Guar Gum
- 7.2.1.4. Gelatin
- 7.2.1.5. Others (Agar and Pectin)
- 7.2.2. By Source (Value)
- 7.2.2.1. Microbial
- 7.2.2.2. Animal
- 7.2.2.3. Seaweed
- 7.2.2.4. Others (Botanical and Synthetic)
- 7.2.3. By Application (Value)
- 7.2.3.1. Food and Beverages
- 7.2.3.2. Pharmaceuticals
- 7.2.3.3. Cosmetics and Personal Care
- 7.2.4. By Country (Value)
- 7.2.4.1. France
- 7.2.4.1.1. By Application (Value)
- 7.2.4.1.1.1. Food and Beverages
- 7.2.4.1.1.2. Pharmaceuticals
- 7.2.4.1.1.3. Cosmetics and Personal Care
- 7.2.4.2. Russia
- 7.2.4.2.1. By Application (Value)
- 7.2.4.2.1.1. Food and Beverages
- 7.2.4.2.1.2. Pharmaceuticals
- 7.2.4.2.1.3. Cosmetics and Personal Care
- 7.2.4.3. Spain
- 7.2.4.3.1. By Application (Value)
- 7.2.4.3.1.1. Food and Beverages
- 7.2.4.3.1.2. Pharmaceuticals
- 7.2.4.3.1.3. Cosmetics and Personal Care
- 7.2.4.4. Italy
- 7.2.4.4.1. By Application (Value)
- 7.2.4.4.1.1. Food and Beverages
- 7.2.4.4.1.2. Pharmaceuticals
- 7.2.4.4.1.3. Cosmetics and Personal Care
- 7.2.4.5. Germany
- 7.2.4.5.1. By Application (Value)
- 7.2.4.5.1.1. Food and Beverages
- 7.2.4.5.1.2. Pharmaceuticals
- 7.2.4.5.1.3. Cosmetics and Personal Care
- 7.2.4.6. U.K.
- 7.2.4.6.1. By Application (Value)
- 7.2.4.6.1.1. Food and Beverages
- 7.2.4.6.1.2. Pharmaceuticals
- 7.2.4.6.1.3. Cosmetics and Personal Care
- 7.2.4.7. Rest of Europe
- 7.2.4.7.1. By Application (Value)
- 7.2.4.7.1.1. Food and Beverages
- 7.2.4.7.1.2. Pharmaceuticals
- 7.2.4.7.1.3. Cosmetics and Personal Care
- 8. Asia-Pacific Hydrocolloids Market Analysis, Insights and Forecast, 2016-2027
- 8.1. Key Findings / Summary
- 8.2. Market Size Estimates and Forecast
- 8.2.1. By Type (Value)
- 8.2.1.1. Xanthan Gum
- 8.2.1.2. Carrageenan
- 8.2.1.3. Guar Gum
- 8.2.1.4. Gelatin
- 8.2.1.5. Others (Agar and Pectin)
- 8.2.2. By Source (Value)
- 8.2.2.1. Microbial
- 8.2.2.2. Animal
- 8.2.2.3. Seaweed
- 8.2.2.4. Others (Botanical and Synthetic)
- 8.2.3. By Application (Value)
- 8.2.3.1. Food and Beverages
- 8.2.3.2. Pharmaceuticals
- 8.2.3.3. Cosmetics and Personal Care
- 8.2.4. By Country (Value)
- 8.2.4.1. China
- 8.2.4.1.1. By Application (Value)
- 8.2.4.1.1.1. Food and Beverages
- 8.2.4.1.1.2. Pharmaceuticals
- 8.2.4.1.1.3. Cosmetics and Personal Care
- 8.2.4.2. Australia
- 8.2.4.2.1. By Application (Value)
- 8.2.4.2.1.1. Food and Beverages
- 8.2.4.2.1.2. Pharmaceuticals
- 8.2.4.2.1.3. Cosmetics and Personal Care
- 8.2.4.3. Japan
- 8.2.4.3.1. By Application (Value)
- 8.2.4.3.1.1. Food and Beverages
- 8.2.4.3.1.2. Pharmaceuticals
- 8.2.4.3.1.3. Cosmetics and Personal Care
- 8.2.4.4. India
- 8.2.4.4.1. By Application (Value)
- 8.2.4.4.1.1. Food and Beverages
- 8.2.4.4.1.2. Pharmaceuticals
- 8.2.4.4.1.3. Cosmetics and Personal Care
- 8.2.4.5. Rest of Asia-Pacific
- 8.2.4.5.1. By Application (Value)
- 8.2.4.5.1.1. Food and Beverages
- 8.2.4.5.1.2. Pharmaceuticals
- 8.2.4.5.1.3. Cosmetics and Personal Care
- 9. South America Hydrocolloids Market Analysis, Insights and Forecast, 2016-2027
- 9.1. Key Findings / Summary
- 9.2. Market Size Estimates and Forecast
- 9.2.1. By Type (Value)
- 9.2.1.1. Xanthan Gum
- 9.2.1.2. Carrageenan
- 9.2.1.3. Guar Gum
- 9.2.1.4. Gelatin
- 9.2.1.5. Others (Agar and Pectin)
- 9.2.2. By Source (Value)
- 9.2.2.1. Microbial
- 9.2.2.2. Animal
- 9.2.2.3. Seaweed
- 9.2.2.4. Others (Botanical and Synthetic)
- 9.2.3. By Application (Value)
- 9.2.3.1. Food and Beverages
- 9.2.3.2. Pharmaceuticals
- 9.2.3.3. Cosmetics and Personal Care
- 9.2.4. By Country (Value)
- 9.2.4.1. Argentina
- 9.2.4.1.1. By Application (Value)
- 9.2.4.1.1.1. Food and Beverages
- 9.2.4.1.1.2. Pharmaceuticals
- 9.2.4.1.1.3. Cosmetics and Personal Care
- 9.2.4.2. Brazil
- 9.2.4.2.1. By Application (Value)
- 9.2.4.2.1.1. Food and Beverages
- 9.2.4.2.1.2. Pharmaceuticals
- 9.2.4.2.1.3. Cosmetics and Personal Care
- 9.2.4.3. Rest of South America
- 9.2.4.3.1. By Application (Value)
- 9.2.4.3.1.1. Food and Beverages
- 9.2.4.3.1.2. Pharmaceuticals
- 9.2.4.3.1.3. Cosmetics and Personal Care
- 10. Middle East & Africa Hydrocolloids Market Analysis, Insights and Forecast, 2016-2027
- 10.1. Key Findings / Summary
- 10.2. Market Size Estimates and Forecast
- 10.2.1. By Type (Value)
- 10.2.1.1. Xanthan Gum
- 10.2.1.2. Carrageenan
- 10.2.1.3. Guar Gum
- 10.2.1.4. Gelatin
- 10.2.1.5. Others (Agar and Pectin)
- 10.2.2. By Source (Value)
- 10.2.2.1. Microbial
- 10.2.2.2. Animal
- 10.2.2.3. Seaweed
- 10.2.2.4. Others (Botanical, Synthetic)
- 10.2.3. By Application (Value)
- 10.2.3.1. Food and Beverages
- 10.2.3.2. Pharmaceuticals
- 10.2.3.3. Cosmetics and Personal Care
- 10.2.4. By Country (Value)
- 10.2.4.1. South Africa
- 10.2.4.1.1. By Application (Value)
- 10.2.4.1.1.1. Food and Beverages
- 10.2.4.1.1.2. Pharmaceuticals
- 10.2.4.1.1.3. Cosmetics and Personal Care
- 10.2.4.2. UAE
- 10.2.4.2.1. By Application (Value)
- 10.2.4.2.1.1. Food and Beverages
- 10.2.4.2.1.2. Pharmaceuticals
- 10.2.4.2.1.3. Cosmetics and Personal Care
- 10.2.4.3. Rest of Middle East & Africa
- 10.2.4.3.1. By Application (Value)
- 10.2.4.3.1.1. Food and Beverages
- 10.2.4.3.1.2. Pharmaceuticals
- 10.2.4.3.1.3. Cosmetics and Personal Care
- 11. Competitive Matrix
- 11.1. Business Strategies Adopted by Leading Players
- 11.2. Global Hydrocolloids Market Revenue Share/Ranking Analysis, By Key Manufacturer
- 12. Company Profiles
- 12.1. Kerry Group plc
- 12.1.1. Overview
- 12.1.2. Description
- 12.1.3. Product Portfolio
- 12.1.4. Financials (Data as available in public domain and/or on paid databases)
- 12.1.5. Recent Developments
- 12.2. Koninklijke DSM N.V.
- 12.2.1. Overview
- 12.2.2. Description
- 12.2.3. Product Portfolio
- 12.2.4. Financials (Data as available in public domain and/or on paid databases)
- 12.2.5. Recent Developments
- 12.3. Cargill, Incorporated
- 12.3.1. Overview
- 12.3.2. Description
- 12.3.3. Product Portfolio
- 12.3.4. Financials (Data as available in public domain and/or on paid databases)
- 12.3.5. Recent Developments
- 12.4. Archer-Daniels-Midland Company
- 12.4.1. Overview
- 12.4.2. Description
- 12.4.3. Product Portfolio
- 12.4.4. Financials (Data as available in public domain and/or on paid databases)
- 12.4.5. Recent Developments
- 12.5. DuPont de Nemours, Inc.
- 12.5.1. Overview
- 12.5.2. Description
- 12.5.3. Product Portfolio
- 12.5.4. Financials (Data as available in public domain and/or on paid databases)
- 12.5.5. Recent Developments
- 12.6. Ashland Global Holdings Inc.
- 12.6.1. Overview
- 12.6.2. Description
- 12.6.3. Product Portfolio
- 12.6.4. Financials (Data as available in public domain and/or on paid databases)
- 12.6.5. Recent Developments
- 12.7. J.M. Huber Corporation
- 12.7.1. Overview
- 12.7.2. Description
- 12.7.3. Product Portfolio
- 12.7.4. Financials (Data as available in public domain and/or on paid databases)
- 12.7.5. Recent Developments
- 12.8. W Hydrocolloids, Inc.
- 12.8.1. Overview
- 12.8.2. Description
- 12.8.3. Product Portfolio
- 12.8.4. Financials (Data as available in public domain and/or on paid databases)
- 12.8.5. Recent Developments
- 12.9. Ingredion, Incorporated
- 12.9.1. Overview
- 12.9.2. Description
- 12.9.3. Product Portfolio
- 12.9.4. Financials (Data as available in public domain and/or on paid databases)
- 12.9.5. Recent Developments
- 12.10. Tate & Lyle plc
- 12.10.1. Overview
- 12.10.2. Description
- 12.10.3. Product Portfolio
- 12.10.4. Financials (Data as available in public domain and/or on paid databases)
- 12.10.5. Recent Developments
- 13. Appendix
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