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Food Hydrocolloids Market Report & Forecast

06-29-2024 02:02 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Valuates Reports

The 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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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.

By Type
Agar
Alginates
Carboxymethylcellulose and Other Cellulose Ethers
Carrageenan
Gelatin
Gellan Gum
Guar Gum
Gum Acacia (Gum Arabic)
Locust Bean Gum

By Application
Beverage
Dressing or Sauce
Jelly or Pudding
Dairy Products
Ice Cream
Soup
Processed Meat

Key Companies
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

View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-6Q15967/global-and-india-food-hydrocolloids

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