Companies In Natural Gelling Agents Market Resorting To Product Innovation To Stay Ahead In Game : Fact.MR

As per latest market analysis on natural gelling agents by Fact.MR, a market research and competitive intelligence provider, the global market is projected to be valued at US$ 3.27 billion in 2022, and expand a CAGR of around 6.8% over the period of 2022-2032. High market growth is mainly attributed to rising demand for products containing natural ingredients.
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Historically, consumption of natural gelling agents has been driven increased use case in personal care and food & beverage products. Over the years, the number of health-conscious consumers has increased substantially across the world. Preferences have now has shifted towards products containing natural ingredients such as plant and animal extracts. Since artificial gelling agents undergoes various chemical processes, they have a negative impact on health; thus, demand for artificial gelling agents has seen a dip, providing a positive outlook for natural gelling agent manufacturers.

Key Segments Covered in Natural Gelling Agents Industry Survey

Natural Gelling Agents Market By Product Type :
Xanthan Gum
Gellan Gum
Low Acyl
High Acyl
Guar Gum
Pectin
Gelatin

Natural Gelling Agents Market By Application :
Personal Care
Bath Products
Bubble Bath & Body Wash Liquids
Shampoo
Skin Care Products
Moisturizing Creams
Facial Creams
Lotions
Oral Care
Makeup Products Formulation
Food & Beverages
Fruit Fillings
Confections
Cultured Dairy
Jams
Jellies
Others

Natural Gelling Agents Market By Region :
North America Natural Gelling Agents Market
Latin America Natural Gelling Agents Market
Europe Natural Gelling Agents Market
East Asia Natural Gelling Agents Market
South Asia & Oceania Natural Gelling Agents Market
Middle East & Africa Natural Gelling Agents Market

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Key Takeaways from Market Study

By product type, gelatin natural gelling agents are projected to provide an absolute $ opportunity worth US$ 923 million over the forecast period of 2022 to 2032.

Based on application, natural gelling agents' use case in food & beverages is projected to increase at high CAGR of around 6.8% over the decade.

On the basis of application, consumption of natural gelling agents for the production of various personal care products is poised to expand 1.8X by 2032.
China is projected to capture around 13% of the global natural gelling agents market share by 2032.

Europe is set to provide an absolute dollar opportunity worth US$ 588 million by 2032-end.

Competition Landscape

Cargill, Cp Kelco, Dangshan Haisheng Pectin Co., Ltd., Deosen Biochemical Ltd., DSM, Du Pont De Nemours and Company, Fuerst Day Lawson, Fufeng Group Company Ltd., Gelita AG, Hindustan Gums & Chemicals Ltd., India Glycols Limited, Ingredion Incorporated, Kraft Heinz, Nitta Gelatin, Opal Biotech, Rama Gum Industries, Rousselot SAS, and Sterling Biotech Ltd are some of the major players in the market that provide the best natural gelling agents.

In October 20221, CP Kelco announced the launching of GENU Pectin, a natural ingredient-based solution to enhance the shelf life of butter milk. Through this product launch, the company is aiming at expanding its natural gelling agents business in the high-growth market of India.

In October 2021, Cargill announced the launching of kappa carrageenan, a substance used for enhancing the texture in gelling formulations. Through this launch, the company aims at expanding its eco-friendly product portfolio keeping in mind today's consumer preferences.

Fact.MR has provided detailed information about the price points of top natural gelling agents manufacturers positioned across regions, in addition to providing sales growth information, production capacity, and speculative production expansion in the recently published report.

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Which Product Type is Projected to be Consumed More?

Gelatin use as a natural gelling agent is poised account for a majority of the market share as it contains amino acid glycine, which is particularly important for health. Various research studies show that gelatin has been identified as an important substance for treating bone and joint problems such as osteoarthritis.

Additionally, extensive use of gelatin in skin and hair care products has driven its consumption in the personal care industry. Also, today, the trend of packaged food is prominent, especially in high-growth regions of Asia Pacific. Since, gelatin find extensive use case in the production of various food and beverage products, its demand is poised to grow multi-fold over the forecast period.

Thus, attributed to the application of gelatin in various use cases, the segment is projected to account for around 50% market share by 2032, while expanding at a CAGR of around 4.5% within the same timeframe.

Winning Strategy

Market players involved in the production of natural gelling agents have shifted their focus towards product development and innovation. Additionally, companies are diversifying their product portfolios with the introduction of eco-friendly and sustainable products. As consumer preferences are changing, key companies are enhancing their strategies to gain a competitive market advantage.

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This release was published on openPR.