South America Food Hydrocolloids Market Industry Size, Share, Upcoming Trends, Business Growth, Competitive Landscape and Forecast to 2025

The South America Food Hydrocolloids Market Report provides a study with an in-depth overview, describing the product/industry scope and elaborates market outlook and status (2021-2025). The report is curated after in-depth research and analysis by experts. The report provides comprehensive valuable insights on the global South America Food Hydrocolloids market development activities demonstrated by industry players, growth opportunities, and market sizing with analysis by key segments, leading and emerging players, and geographies.

The South American food hydrocolloids market is anticipated to register a CAGR of 7.0% during the forecast period (2020-2025).

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Top Companies in the South America Food Hydrocolloids Market: Cargill Incorporated, DuPont, Ingredion Inc., CP Kelco, W Hydrocolloids Inc., AgarGel, Nutramax, Vogler Ingredients

Key Market Trends

Increasing Demand for Processed Foods in the Region

Commercially, the most attractive markets for ultra-processed food and drinks are no longer the fully-industrialized high-income countries; they are the middle- and low-income countries, including the ones in South America. The countries in South America, like Brazil and Argentina, witnessed rapid growth in the demand for processed foods, over the past few years. Ultra-processed foods are found to have a faster growth rate in the region. The nutritional profile of the fraction of ultra-processed food consumption showed higher energy density, higher overall fat content, higher saturated and trans fats, higher levels of free sugar, less fiber, and lower protein, sodium, and potassium, when compared to the fraction of consumption of natural or minimally processed foods have propelled the demand. Thus, the increasing demand for processed foods in the region is expected to boost the sales of the market.

Brazil Holds a Prominent Share in the Market

The demand for natural food products is increasing, among the health-conscious consumers. This has resulted in the tremendous growth of the hydrocolloids market. Hydrocolloids function as binding agents, stabilizers, emulsifiers, thickeners, and gelling agents. The market is largely driven by increased R&D and innovations in hydrocolloids. The consumers' preference for natural ingredients and the varied applications of hydrocolloids in the food and beverage industry are some of the reasons for the upsurge in the demand. The changing consumer demographics, in terms of lifestyle changes and the increasing working population, are resulting in the demand for convenience and processed foods, especially in the emerging countries. This is seen as an opportunity for the manufacturers to adopt hydrocolloids in their manufacturing processes.

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