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Europe Is Expected To Take Over The Natural Gelling Agents Industry By 2032

01-18-2023 02:37 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Fact.MR

The global market for natural gelling agents is expected to reach US$ 3.27 billion in 2022 and grow at a CAGR of roughly 6.8% between 2022 and 2032, according to Fact.MR, a supplier of market research and competitive information. The main cause of the market's rapid expansion is the increase in demand for goods made with natural ingredients.
Natural gelling oil agent use, measured in volume, was roughly 1,065 tonnes in 2021, or about 7% of the overall volume consumption of gelling agents, which is anticipated to reach 1,852 tonnes by the end of 2032.

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This research has an additional advantage over others due to the technological factors connected to the market for natural gelling agents. This topic includes projections for future market size, share, structure, and revenue, which is expected to be useful to businesses in the sector. The research also provides a full analysis of the top vendors active in the market and the vendor landscape.
Here, there is also analysis of current market dynamics, downstream demand, and upstream raw material supply.

Key Takeaways from Market Study

• Over the forecast period of 2022 to 2032, gelatin natural gelling agents are expected to present an absolute $ potential worth US$ 923 million.
• According to application, the use of natural gelling agents in foods and drinks is anticipated to grow at a high CAGR of about 6.8% during the next ten years.
• Natural gelling agents are expected to be consumed 1.8 times more by 2032 for the manufacture of various personal care products, according to application.
• By 2032, it is anticipated that China will own 13% of the global market for natural gelling agents.
• By the end of 2032, Europe is expected to present an absolute dollar opportunity worth US$ 588 million.

"Europe is expected to take over the natural gelling agents market in the near future due to the skin care sector increasingly going for adoption of natural gelling agents" says a Fact.MR analyst.

Additionally, growing awareness amongst the population regarding adverse effects of the artificial agents is likely to accelerate the natural gelling agents market in the upcoming period. As such, the cosmetics vertical is also poised to see a rising usage of natural gelling agents going forward.

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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Top Impacting Factors

• Hydrocolloids are a combination of gelling agents and stabilizers. The rise in application scope in nutraceuticals and nutrition goods such as soluble dietary fiber is expected to drive demand for hydrocolloids during the forecast period.
• The global market for gelling agents is expected to grow owing to growth in demand for dietary supplements as they are highly nutritious.
• Over the next few years, rise in demand for convenience food is projected to bring up new potential for this sector.
• Over the next seven years, market growth is expected to be hampered by a lack of resources and fluctuating pricing for these hydrocolloids and emulsifiers.

Key Segments Covered in Natural Gelling Agents Industry Survey

• By Product Type :
o Xanthan Gum
o Gellan Gum
 Low Acyl
 High Acyl
o Guar Gum
o Pectin
o Gelatin
• By Application :
o Personal Care
 Bath Products
• Bubble Bath & Body Wash Liquids
• Shampoo
 Skin Care Products
• Moisturizing Creams
• Facial Creams
• Lotions
 Oral Care
o Makeup Products Formulation
o Food & Beverages
 Fruit Fillings
 Confections
 Cultured Dairy
 Jams
 Jellies
 Others
• By Region :
o North America
o Latin America
o Europe
o East Asia
o South Asia & Oceania
o Middle East & Africa

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Market Developments

The key participants are in natural gelling agents market include CP Kelco, Cargill, Dangshan Heisheng Pectin Co., Ltd., Du Pont Nemours and Company, Fufeng Group Company Ltd., Ingredion Inc., India Glycols Ltd., Hindustan Gums & Chemicals Ltd., Fuerst Day Lawson, Deosen Biochemical Ltd., Opal Biotech, Nitta Gelatin, Kraft Heinz, Rousselot SAS, Rama Gum Industries, Sterling Biotech Ltd., and likewise. The latest developments in this regard are as follows
• CP Kelco, in October 2021, did announce launching GENU Pectin. It comes across as one of the solutions based on natural ingredients meant to improvise on butter milk's shelf life. The objective behind this launch is expansion the business of natural gelling agents in high-prospect market of India.
• Cargill, in October 2021, did announce tabling of kappa carrageenan. It is a substance that is used to enhance texture of the gelling formulations. This launch was a step towards expansion of the eco-friendly product portfolio.

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