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Burgeoning Demand Spurs Global Hydrocolloids Market to $19.92 billion by 2029 at a CAGR of 9.1%

01-16-2025 04:33 PM CET | Chemicals & Materials

Press release from: The Business research company

Hydrocolloids Market Size

Hydrocolloids Market Size

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Rising demand is propelling the growth of the global hydrocolloids market, pegged to reach $14.07 billion in 2025 and further projected to grow to $19.92 billion by 2029, driven by factors including demand for functional foods, clean label ingredients, and online food delivery.

What Is The Projected Market Size Of The Global Hydrocolloids Market And Its Growth Rate?

o The global hydrocolloids market is expected to grow from $12.98 billion in 2024 to $14.07 billion in 2025 at a CAGR of 8.4% due to rising demand for functional foods, pharmaceutical sector growth, increase in personal care products, e-commerce expansion, and emerging markets.
o The market is projected to reach $19.92 billion by 2029 at a CAGR of 9.1%, driven by growing demand for processed foods, rising demand for clean label and natural ingredients, increased online food deliveries, global population growth, and increased disposable income.

What Is Driving The Growth In The Hydrocolloids Market?

A key driver for the global hydrocolloids market is an increase in nutritionally conscious consumers who prefer nutritional food for various health benefits. Hydrocolloids, as functional food ingredients, provide opportunities to tailor nutritional value and offer potential health benefits by controlling certain bodily functions. A 2022 survey published by the International Food Information Council reveals that 52% of Americans followed a diet or eating pattern, marking a significant increase from 39% in 2021. The rise mostly occurred in consumers below the age of 50. Diets including calorie tracking, clean eating, mindful eating, and plant-based eating have gained popularity, driving the growth of the hydrocolloids market.

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Who Are the Key Players Driving Hydrocolloids Market Growth?

The key players propelling the growth of the hydrocolloids market include:

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

What Are The Key Trends In The Hydrocolloids Market?

The key trends dominating the hydrocolloids market include:

o Enhancement of texture and mouthfeel
o Advancement in processing technologies
o Integration of smart packaging
o Increasing partnerships and collaborations

What Are The Segments Of The Global Hydrocolloids Market?

The global hydrocolloids market is segmented by:

1) Type: Carrageenan, Guar Gum, Gelatin, Pectin, Microcrystalline Cellulose, Other Types
2) Function: Thickening, Gelling, Stabilizing, Other Functions
3) Source: Botanical, Microbial, Animal, Seaweed, Synthetic
4) Application: Food And Beverage, Pharmaceutical, Personal Care Products, Other Applications

Which Region Leads The Hydrocolloids Market?

North America was the largest region in the global hydrocolloids market in 2024. However, Asia-Pacific is anticipated to be the fastest-growing region in the forecast period, underpinned by its wide-ranging demand in the food processing, personal care, and pharmaceutical sectors.

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What Is Covered In The Hydrocolloids Market Global Market Report?

- Market Size Analysis: Analyze the Hydrocolloids Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Hydrocolloids Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Hydrocolloids Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Hydrocolloids Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

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