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The Hydrocolloids Market is Estimated at $8.8 Billion in 2018 and Projected to Grow at a CAGR of 5.3%, to Reach $11.4 Billion by 2023 - ResearchAndMarkets.com

May 21, 2019

DUBLIN--(BUSINESS WIRE)--May 21, 2019--

The “Hydrocolloids Market by Type (Gelatin, Xanthan Gum, Carrageenan, Alginate, Agar, Pectin, Guar Gum, Gum Arabic, MCC, and CMC), Source (Botanical, Microbial, Animal, Seaweed, and Synthetic), Function, Application, and Region - Global Forecast to 2023” report has been added to ResearchAndMarkets.com’s offering.

The global hydrocolloids market was valued at USD 8.36 billion in 2017 and is projected to reach USD 11.36 billion by 2023, at a CAGR of 5.3% from 2018.

Hydrocolloids are widely used in applications such as bakery, confectionery, meat & poultry, beverages, dairy & frozen products, and others such as baby food and prepared food. The growth of the hydrocolloids market is driven by the rising demand for healthier and natural food ingredients from the food industry.

The key market drivers are R&D and innovation, consumer preference for functional dairy products, and multifunctionality of hydrocolloids in food & beverage products. However, adherence to international quality standards, regulations regarding food additives such as stabilizers, and fluctuations in raw material prices pose as market restraints. Changing consumer lifestyles causing a rise in demand for convenience foods and immense potential in the emerging markets for hydrocolloids are significant growth opportunities for the market.

The segmentation considered for this report on hydrocolloids is based on source, type, application, function, and region that constitute the key markets. Hydrocolloids segmented on the basis of source include botanical, microbial, animal, seaweed, and synthetic. On the basis of type, hydrocolloids have been segmented into gelatin, pectin, carrageenan, xanthan gum, agar, gum arabic, locust bean gum, carboxymethyl cellulose, alginates, guar gum, and microcrystalline cellulose. Hydrocolloids segmented on the basis of function include thickeners, stabilizers, gelling agents, fat replacers, and coating materials. On the basis of application, the market has been segmented into food & beverages, cosmetics & personal care products, and pharmaceuticals. By region, the hydrocolloids market has been segmented into North America, Europe, Asia Pacific, and the Rest of the World (RoW).

Key Topics Covered

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

4.1 Attractive Opportunities in the Hydrocolloids Market

4.2 Hydrocolloids Market, By Region

4.3 Hydrocolloids Market, By Type

4.4 Hydrocolloids Market, By Function

4.5 Hydrocolloids Market, By Application

4.6 Asia Pacific: Hydrocolloids Market, By Source and Country

5 Market Overview

5.1 Introduction

5.2 Market Dynamics

5.2.1 Drivers

5.2.1.1 Rise in Consumption of Premium Food & Beverage Products

5.2.1.2 Multi-Functionality of Hydrocolloids Leads to their Wide Range of Applications

5.2.1.3 Increase in Health-Consciousness Among Consumers Drives the Natural Hydrocolloids Market

5.2.2 Restraints

5.2.2.1 Stringent International Quality Standards and Regulations

5.2.2.2 Shortage of Resources has Created A Demand-Supply Imbalance

5.2.3 Opportunities

5.2.3.1 The Emerging Markets Illustrate Great Potential for Hydrocolloids

5.2.3.2 Increase in Investments in Research & Development

5.2.4 Challenges

5.2.4.1 Fluctuations in Prices of Raw Materials

5.2.4.2 Unclear Labeling Leading to Ambiguity and Uncertainty

6 Hydrocolloids Market: Regulations

6.1 Introduction

6.2 Codex Alimentarius

6.3 European Commission

7 Industry Trends

7.1 Introduction

7.2 Supply Chain

7.3 Porter’s Five Forces Analysis

7.4 Patent Analysis

8 Hydrocolloids Market, By Type

8.1 Introduction

8.2 Gelatin

8.2.1 Gelatin is Commonly Used in Candies, Desserts, Marshmallow, and Ice Creams

8.3 Xanthan GUM

8.3.1 Xanthan GUM is A Natural Polysaccharide and is Used in Various Industries Such as Food & Beverage, Oil & Gas, Personal Care, PharmaceuticaAnd Food

8.4 Carageenan

8.4.1 Carrageenan is A Water-Soluble GUM and is Used in the Products, Such as Beverages, Dairy & Frozen Products, and Bakery Products

8.5 Alginates

8.5.1 Alginate Used in Processed Foods and Beverages to Offers Properties Such as Gelling, Thickening, Suspending, and Stabilizing

8.6 Agar

8.6.1 Agar is A Hydrocolloid Derived From Seaweeds, and is Hence Suitable for Vegetarians

8.7 Pectin

8.7.1 Pectin is Used for A Wide Range of Applications Such as Fruit Beverages and Soft Drinks

8.8 Guar GUM

8.8.1 Used as A Thickener in Fruit Juices in the Beverage Industry

8.9 Locust Bean GUM

8.9.1 Locust Bean GUM Used as A Thickening Agent, Fat Replicator, Stabilizer, Gelling Agent, Coating Agent, and Texture and Sizing Agent industries

8.1 GUM Arabic

8.10.1 GUM Arabic is Used in Beverage Production, as It Helps to Stabilize the Flavor and Essential Oils in the Production of Soft Drinks Or Juices

8.11 Carboxymethyl Cellulose (CMC)

8.11.1 Cellulose GUM is A Water-Soluble GUM That has Been Used for Over Half A Century as A Thickener and Stabilizer in Food Products

8.12 Microcrystalline Cellulose

8.12.1 Microcrystalline Cellulose (MCC) is Used in Applications Such as Pharmaceutical, Food & Beverage, Cosmetic, and Other Industrial Applications

9 Hydrocolloids Market, By Source

9.1 Introduction

9.2 Botanical

9.2.1 Exudate GUMs are Polysaccharides Produced By Plants

9.3 Microbial

9.3.1 The Most Widely Used Microbial Hydrocolloids are Xanthan GUM and Gellan GUM

9.4 Animal

9.4.1 Gelatin is Mainly Extracted From Animal Sources and Finds Applications is in the Confectionery Sector

9.5 Seaweed

9.5.1 Seaweed Hydrocolloids Have Commercial Prospects and Can Be Used as A Major Substitute to Plant Polysaccharides in the Near Future

9.6 Synthetic

9.6.1 Synthetic Hydrocolloids are Cellulose Derivatives That Serve Principal Functions, Such as Thickening, Stabilizing, Emulsifying, and Gelling

10 Hydrocolloids Market, By Function

10.1 Introduction

10.2 Thickeners

10.2.1 as Thickening Agents, they Find Applications in Soups, Salad Dressings, Gravies, Sauces, and Toppings

10.3 Stabilizers

10.3.1 Hydrocolloids Act as Stabilizers in Dairy Products, Beverages, and Desserts

10.4 Gelling Agents

10.4.1 Hydrocolloid Gelation is Used in Various Food Applications, as these Combine Macroscopic Structure Formation With an Ability to Flow AndSolid

10.5 Fat Replacers

10.5.1 Consumers Now Prefer Eating Reduced-Fat Products in their Routine Diet

10.6 Coating Materials

10.6.1 Hydrocolloid are Being Extensively Used in Edible Film-Forming Functions

10.7 Others

10.7.1 Hydrocolloids are Also Gaining Popularity as Emulsifiers and Moisture Binding Agents in Food Applications

11 Hydrocolloids Market, By Application

11.1 Introduction

11.2 Food and Beverages

11.2.1 Bakery & Confectionery

11.2.1.1 Hydrocolloids are Widely Used to Improve the Quality of Bakery Products By Providing Texture, Stability, and Extended Shelf Life

11.2.2 Meat & Poultry Products

11.2.2.1 Hydrocolloids Improve the Cooking Yield, Texture, and Slice Characteristic

11.2.3 Sauces & Dressings

11.2.3.1 Hydrocolloids are Used in Many Sauces and Dressing Applications Such as Barbeque Sauce, Brown Sauce, Dressings, PourSpoon-Able Dressings

11.2.4 Dairy Products

11.2.4.1 Food Hydrocolloids are Used as Stabilizers, Thickeners, and Gelling Agents in Various Dairy & Frozen Food Products

11.2.5 Others

11.2.5.1 Hydrocolloids are Used in Various Other Applications Such as Baby Foods, Beverages, and Prepared Foods

11.3 Cosmetics & Personal Care Products

11.3.1 Hydrocolloids are Used as Viscosity Control Agents, Due to their Thickening and Gelling Properties, and Water-Bindi Personal Care Applications

11.4 Pharmaceuticals

11.4.1 The Use of Hydrocolloids in Pharmaceutical Products Including Tablets, Capsules and Syrups is on the Rise With the Growing Trend for the

12 Hydrocolloids Market, By Region

12.1 Introduction

12.2 North America

12.2.1 US

12.2.2 Canada

12.2.3 Mexico

12.3 Europe

12.3.1 Germany

12.3.2 UK

12.3.3 France

12.3.4 Spain

12.3.5 Italy

12.3.6 Rest of Europe

12.4 Asia Pacific

12.4.1 China

12.4.2 Japan

12.4.3 India

12.4.4 Australia & New Zealand

12.4.5 Rest of Asia Pacific

12.5 Rest of The World (RoW)

12.5.1 South America

12.5.2 The Middle East & Africa

13 Competitive Landscape

13.1 Overview

13.2 Competitive Leadership Mapping, 2017

13.2.1 Visionary Leaders

13.2.2 Dynamic Differentiators

13.2.3 Innovators

13.2.4 Emerging Companies

13.3 Competitive Leadership Mapping, 2017 for Start-Up

13.3.1 Progressive Companies

13.3.2 Starting Blocks

13.3.3 Responsive Companies

13.3.4 Dynamic Companies

13.4 Market Ranking Analysis of the Hydrocolloids Market

13.4.1 Expansions & Investments

13.4.2 Mergers & Acquisitions

13.4.3 New Product Launches

13.4.4 Partnerships, Joint Ventures, and Agreements

14 Company Profiles

14.1 DowDuPont

14.2 Ingredion Incorporated

14.3 Cargill

14.4 Kerry Group

14.5 Archer Daniels Midland Company (ADM)

14.6 Palsgaard A/S

14.7 Darling Ingredients Inc.

14.8 CP Kelco

14.9 Ashland Inc.

14.10 BASF

14.11 Tate & Lyle PLC

14.12 Glanbia Nutritionals

14.13 Fuerst Day Lawson

14.14 Koninklijke DSM N.V.A

14.15 Nexira

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INDUSTRY KEYWORD: RETAIL FOOD/BEVERAGE

SOURCE: Research and Markets

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