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Food Hydrocolloids Market: Size, Share, Growth, Analysis, Key Players, Revenue, Growth | Valuates Reports
Food Hydrocolloids Market SizeThe global Food Hydrocolloids revenue was US$ 5168 million in 2022 and is forecast to a readjusted size of US$ 7860.4 million by 2029 with a CAGR of 6.1% during the forecast period (2023-2029).
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Food Hydrocolloids Market
A colloid, also called a colloidal system, is a chemical system that features very fine particles suspended in a continuous medium. Hydrocolloids, as the name indicates, are colloidal long-chained polymeric systems made of fine particles and dispersed in water. Depending on how much water has been used, hydrocolloids could occur in the form of either gels or sols.
Given their physical attributes, hydrocolloids are used in numerous applications. Their range of application in the food industry is especially wide because they carry the capability to modify the rheology of virtually any system to which they're added. The other main applications of hydrocolloids are seen in the cosmetics and pharmaceuticals sector.
In India, the Food Hydrocolloids revenue is expected to grow from US$ million in 2022 to US$ million by 2029, at a CAGR of % during the forecast period (2023-2029).
Global Food Hydrocolloids key players include Kraft Foods Group Inc., JM Huber Corp(CP Kelco), Fufeng, Ingredion, etc. Global top four manufacturers hold a share nearly 25%.
Europe is the largest market, with a share over 30%, followed by China, and North America, both have a share about 40 percent.
In terms of product, Guar gum is the largest segment, with a share over 30%. And in terms of application, the largest application is Jelly or Pudding, followed by Processed meat, Beverage, Dressing or sauce, etc.
This report focuses on global and India Food Hydrocolloids market, also covers the segmentation data of other regions in regional level and county level.
India is now the world's most populous country. According to IMF (its July update to its World Economic Outlook), India's GDP growth is projected at 6.1% in 2023, powered by domestic investment. First and foremost, the key factor in India's rapid economic growth is the huge supply and demand from a large population base. Demand and supply sides working in both directions to support India's economic stability.
India is a market full of opportunities, and the demand for Food Hydrocolloids will continue to grow rapidly in the future.
Global Food Hydrocolloids Scope and Market Size
Food Hydrocolloids market is segmented in regional and country, by players, by type and by application. Companies, stakeholders, and other participants in the global Food Hydrocolloids market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by type and by application for the period 2018-2029.
For India market, this report focuses on the Food Hydrocolloids market size by players, by Type and by Application, for the period 2018-2029. The key players include the global and local players, which play important roles in India.
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Segment by Type
• Agar
• Alginates
• Carboxymethylcellulose and Other Cellulose Ethers
• Carrageenan
• Gelatin
• Gellan Gum
• Guar Gum
• Gum Acacia (Gum Arabic)
• Locust Bean Gum
• Others
Segment by Application
• Beverage
• Dressing or Sauce
• Jelly or Pudding
• Dairy Products
• Ice Cream
• Soup
• Processed Meat
• Others
By Company
JM Huber Corp(CP Kelco), Ingredion, DuPont, Cargill, Kerry Group, Ashland, Hindustan Gum & Chemicals Ltd, Kraft Foods Group Inc., DSM, Jai Bharat Gum & Chemicals Ltd, Fufeng, Meihua, Caremoli Group, Behn Meyer, Iberagar
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