Food Hydrocolloids Market Growth, Trends And Analysis Report To 2033

The new report published by The Business Research Company, titled Food Hydrocolloids Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033, delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the food hydrocolloids market size has grown strongly in recent years. It will grow from $3.97 billion in 2023 to $4.21 billion in 2024 at a compound annual growth rate (CAGR) of 5.9%. The food hydrocolloids market size is expected to see strong growth in the next few years. It will grow to $5.35 billion in 2028 at a compound annual growth rate (CAGR) of 6.2%.

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Rising Demand For Processed Foods Fuels Growth In Food Hydrocolloids Market
The growing demand for processed foods is expected to propel the growth of the food hydrocolloids market going forward. Processed foods are foods that have been altered from their original state through methods such as canning, cooking, freezing, or adding ingredients to enhance flavor, extend shelf life, or improve convenience. The demand for processed foods is due to modern lifestyles that require convenience, longer shelf life, and quick meal preparation options, as well as the widespread availability and marketing of these products. Food hydrocolloids are used to improve the texture, stability, and shelf life of processed foods, enabling fat and calorie reduction and enhancing nutritional value, which support the production of convenient and appealing ready-to-eat foods, meeting the demands of modern consumers. For instance, in 2023, according to the United States Department of Agriculture, a US-based federal agency, the total value of US processed food products exported from the country increased to $36.59 billion in 2023, an increase of 1.7% compared to previous years. Therefore, the growing demand for processed foods drives the food hydrocolloids market.

Cargill Introduces Seaweed-Based Innovations In Food Hydrocolloids
Major companies operating in the food hydrocolloids market focus on developing innovative products, such as Seaweed powder, to gain a competitive advantage. Seaweed powder, made from dried and ground seaweed, is a versatile and nutritious food ingredient. It can be derived from various types of seaweed, such as nori, kelp, dulse, and wakame. It is a valuable food ingredient often used as a hydrocolloid due to its functional properties. For instance, in February 2021, Cargill, a US-based agricultural corporation, launched Cargill Seagreens, a new seaweed powder food ingredient that enhances the texture, mouthfeel, and nutritional profile of a wide range of food and beverage applications, including dairy, bakery, and plant-based products. Seagreens powder is rich in essential vitamins, minerals, and antioxidants, making it a versatile and health-conscious ingredient for modern consumers seeking clean-label and functional food solutions. It also meets a trifecta of consumer demands, enabling product developers to create foods and drinks with rich sensory experiences. This single ingredient enhances taste and texture and is also perceived positively on ingredient labels by consumers.

The food hydrocolloids market covered in this report is segmented -

1) By Type: Gelatin, Carrageenan, Xanthan Gum, Alginates, Agar, Pectin, Gum Arabic, Locust Bean Gum, Other Types
2) By Source: Plant, Animal, Microbial, Seaweed, Synthetic
3) By Application: Bakery And Confectionery, Meat And Poultry Products, Beverages, Dairy Products, Sauces And Dressing, Other Applications

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Major companies operating in the food hydrocolloids market are Cargill Incorporated, Archer Daniels Midland Company, BASF SE, Kraft Foods Group Inc., DuPont de Nemours Inc., International Flavors & Fragrances Inc., Kerry Group plc, Ingredion Incorporated, Ashland Inc., CP Kelco ApS, Tate & Lyle PLC, Darling Ingredients Inc., Jungbunzlauer Suisse AG, Nexira, Palsgaard A/S, Meihua Holdings Group Co. Ltd., Ceamsa, Koninklijke DSM N.V., , W Hydrocolloids Inc., Tic Gums Inc., Polygal AG, Lucid Colloids Ltd., JM Huber Corporation, Deosen Biochemical (Ordos) Ltd., Hindustan Gum & Chemicals Ltd., UNIPEKTIN Ingredients AG

Contents of the report:
1. Executive Summary
2. Food Hydrocolloids Market Report Structure
3. Food Hydrocolloids Market Trends And Strategies
4. Food Hydrocolloids Market - Macro Economic Scenario
5. Food Hydrocolloids Market Size And Growth
…..
27. Food Hydrocolloids Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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