Press release
Hydrocolloids Market Size, Trends, Share Analysis By 2024-2033
Hydrocolloids Market
The Business Research Company presents an extensive market research report on the ""Hydrocolloids Global Market Report 2024,"" furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.
Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the Hydrocolloids industry. This report on Hydrocolloids market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
The hydrocolloids market size has grown strongly in recent years. It will grow from $12.02 billion in 2023 to $13.07 billion in 2024 at a compound annual growth rate (CAGR) of 8.7%. The growth in the historic period can be attributed to rise in demand for functional foods, rise in pharmaceutical sector, growth in demand for personal care products, rise in e-commerce, emerging markets. The hydrocolloids market size is expected to see strong growth in the next few years. It will grow to $18.09 billion in 2028 at a compound annual growth rate (CAGR) of 8.5%.
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Key Market Players:
Archer-Daniels-Midland Company, Ashland Global Holdings Inc., Cargill Incorporated, CP Kelco US Inc., Darling Ingredients Inc., DuPont de Nemours Inc.
Market Drivers:
According to the Hydrocolloids Market Report 2024 by The Business Research Company, the increase in nutritionally aware consumers is expected to propel the growth of the hydrocolloids market during the forecast period. Consumers prefer nutritional food as nutrition is critical for a multitude of reasons, including proper psychological well-being, muscle strength, pulmonary ventilation, infection prevention, wound healing, and cardiovascular function. Hydrocolloids are functional food ingredients that have great nutritional benefits and provide an opportunity to tailor nutritional value and offer potential health benefits by controlling gastric emptying and intestine brake mechanisms, glycemic response plasma cholesterol levels, and carbohydrate fermentation in the large intestine.
More information about the Global Hydrocolloids Market Report -
https://www.thebusinessresearchcompany.com/report/ethylene-propylene-epdm-global-market-report
Market segments for Hydrocolloids include:
1) By Type: Carrageenan, Guar Gum, Gelatin, Pectin, Microcrystalline Cellulose, Other Types
2) By Function: Thickening, Gelling, Stabilizing, Other Functions
3) By Source: Botanical, Microbial, Animal, Seaweed, Synthetic
4) By Application: Food And Beverage, Pharmaceutical, Personal Care Products, Other Applications
The report answers the following questions:
What are the primary factors propelling the market during the projected period?
In which region is the most substantial growth expected?
Which trend will take center stage in the upcoming period?
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