According to a new market report published by Lucintel, the future of the food hydrocolloids market looks promising with opportunities in the dairy and frozen products, bakery and confectionery, beverages, meat and seafood products, and oils and fats market. The global food hydrocolloids market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected grow with a CAGR of 6% from 2020 to 2025. The major drivers for this market are increasing demand for convenience and processed food, growth in healthy food products, and rising adoption of natural ingredients in the food and beverage industries.
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In this market, plant, microbial, seaweed, animal, and synthetic are the different source of food hydrocolloids. Lucintel forecasts that plant source will remain the largest segment over the forecast period.
Within food hydrocolloids market, gelatin gum, pectin, xanthan gum, guar gum, and carrageenan are the major type of hydrocolloids. Gelatin gum will remain the largest segment during the forecast period as it is widely used as a food additive in health supplements, due to its high content of protein and amino acid
North America will remain the largest region in the forecast period due to high demand of the hydrocolloids in oil and fat reduction
De Pont De Nemours & Company, Cargill Incorporated, Darling Ingredients, Kerry Group, CP Kelco, Fuerst Day Lawson, Ashland, Koninklijke DSM N.V., Archer Daniels Midland Company, and Lubrizol Corporation are among the major food hydrocolloids manufacturers.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global food hydrocolloids market by type, application, function, source, and region. Lucintel has prepared a comprehensive research report titled “Growth Opportunities in the Global Food Hydrocolloids Market 2020-2025: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global food hydrocolloids market by type, application, function, source as follows:
By Type [Volume (kilotons) and $M shipment analysis for 2014 – 2025]:
Gelatin Gum
Pectin
Xanthan Gum
Guar Gum
Carrageenan
Other
By Application [Volume (kilotons) and $M shipment analysis for 2014 – 2025]:
Dairy and Frozen Products
Bakery and Confectionery
Beverages
Meat and Seafood Products
Oils and Fats
Other
By Function [Volume (kilotons) and $M shipment analysis for 2014 – 2025]:
Thickener
Stabilizer
Coating Material
Fat Replacer
Gelling Agent
By Source [Volume (kilotons) and $M shipment analysis for 2014 – 2025]:
Plant
Microbial
Seaweed
Animal
Synthetic
By Region [Volume (kilotons) and $M shipment analysis for 2014 – 2025]:
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
France
Italy
Asia Pacific
China
Japan
India
South Korea
The Rest of the World
This more than 150 page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at helpdesk@lucintel.com.
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