Hydrocolloids Market Report: Size, Share, Trend, Segmentation And Forecast To 2033

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%. The growth in the forecast period can be attributed to growing demand for processed foods, rising demand for clean label and natural ingredients, rise in online food delivery, global population growth, rise in disposable income. Major trends in the forecast period include texture and mouthfeel enhancement, advanced processing technologies, smart packaging integration, partnership and collaboration.

Market Overview -
The term hydrocolloids refers to a substance that forms a gel in the presence of water. Hydrocolloids are high-molecular-weight polysaccharides derived from plants and algae or synthesized by bacteria. A hydrocolloid is a particle dispersion in water made up of molecules that bind to the water and one another.

Download Free Sample of Report -
https://www.thebusinessresearchcompany.com/sample.aspx?id=5606&type=smp

Nutritionally Aware Consumers Boosting Hydrocolloids Market Growth
The increase in nutritionally aware consumers is expected to propel the growth of the hydrocolloids market during the forecast period. Consumers are preferring 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. For instance, according to the 2022 Food and Health Survey published by the International Food Information Council, a US-based nonprofit educational organization, in 2022, 52% of Americans say they followed a diet or eating pattern in the previous year, which is a significant increase from the previous few years' figures of 39% in 2021, 43% in 2020, and 38% in 2019. Consumers under the age of 50 account for the majority of the rise in diets. This year, calorie tracking (13%), clean eating (16%), mindful eating (14%), and plant-based eating (12%) are the most popular diets or eating habits. Therefore, the increase in nutritionally aware consumers drives the growth of the hydrocolloids market.

Competitive Landscape -
Major companies operating in the hydrocolloids market include Archer-Daniels-Midland Company, Ashland Global Holdings Inc., Cargill Incorporated, CP Kelco US Inc., Darling Ingredients Inc., DuPont de Nemours Inc., Hispanagar S.A., Ingredion Incorporated, Kerry Group plc, Koninklijke DSM N.V., Aquarev Industries SAS, BASF SE, Fiberstar Inc., FMC Corporation, Jungbunzlauer Suisse AG, Lotus Gums & Chemicals, Palsgaard A/S, Hawkins Watts Limited, J.F. Hydrocolloids Inc., E.I. du Pont de Nemours and Company, Tate & Lyle plc, Gelymar S.A., Gum Technology Corporation, Gums n Gums Limited, KIMICA Corporation, Lucid Colloids Ltd., Nexira, Penford Corporation, Silvateam S.p.A., Taiyo International

Increasing Focus On Introducing Gellan Gum To Gain A Competitive Edge
Gellan gum is a key trend gaining popularity in the hydrocolloids market. Gellan gum is a water-soluble polysaccharide and multifunctional hydrocolloid commonly used as a gelling agent. It has the properties of gelation, stabilization, texturizing, film-forming, thickening, structuring, and suspending agent and can be widely used in food and beverages, home care, personal care, and other industrial applications. Gellan gum is the most expensive form of hydrocolloids and is extensively used to improve food texture. For instance, in 2021, Jungbunzlauer, a Switzerland-based producer of natural biodegradable ingredients, launched TayaGel, a high-acyl gellan gum. TayaGel is a highly functional hydrocolloid that has properties such as excellent flavor release, suspending agent, thickening agent, and gelling agent. TayaGel HA is developed for all non-dairy products, and TayaGel HA-D for dairy products.

Browse Full Report @
https://www.thebusinessresearchcompany.com/report/hydrocolloids-global-market-report

Key Segments -
The hydrocolloids market covered in this report is segmented -
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

Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics

Contact us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Latest Trending Press Releases: https://www.thebusinessresearchcompany.com/press-release.aspx

Want To Know More About The Business Research Company?
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.

Global Market Model - World's Most Comprehensive Database
The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps

This release was published on openPR.