The global hydrocolloids market is estimated to be valued at USD 11.2 Billion in 2023 and is projected to reach USD 14.5 billion by 2028, at a CAGR of 5.4% during the forecast period. Hydrocolloids are widely used in many food formulations to improve quality attributes and shelf-life. Hydrocolloids expressed in food are affected by several factors, such as orientation and molecular association, water-binding and swelling, concentration, particle size, degree of dispersion, interaction with other gums, and help in improving the properties of the filling. The two main uses of hydrocolloids are as a thickening and gelling agents. They are also used for moisture retention in cakes, pies, donuts, and frozen food. Companies such as International Flavors & Fragrances Inc. (US), Ingredion (US), Cargill, Incorporated (US), Associated Archer Daniels Midland Company (US), Darling Ingredients Inc. (US), Ashland (US), and CP Kelco U.S., Inc. (US) produce and supply different types of hydrocolloids for the food and beverage industry.
The gelatin segment amongst the various types of hydrocolloids dominated the market in the year 2022.
Although gelatin is widely used in the food industry, its addition to food creates problems for certain people. Some people object to the use of gelatin for religious or ethical reasons because it is produced from animal tissues or because it is made from the tissues of specific animals. Some plant materials form gels in water and can be substituted for gelatin, but they have slightly different properties from animal products. Nevertheless, they are a good option for people who do not want to use a substance obtained from animals. Two of these gelatin substitutes are agar (also called agar-agar) and carrageenan. Gelatin is also used in the pharmaceutical industry; it is used as an excipient in the production of hard capsules and soft gels.
The animal segment of hydrocolloids market accounted for the largest share in the year 2022
Hydrocolloids of animal origin are produced using skins and bones of different sources, such as beef, pork, and fish. Gelatin is one of the major hydrocolloids derived from animal sources having applications in the confectionery industry. The animal-derived hydrocolloids generally form water in oil emulsions. They are quite likely to cause allergies and are susceptible to microbial growth and rancidity. Gelatin is a protein substance derived from collagen, a natural protein present in the tendons, ligaments, and tissues of mammals. It is produced by boiling the connective tissues, bones, and skins of animals, usually cows and pigs. Gelatin's ability to form strong, transparent gels and flexible films that are easily digested, soluble in hot water, and capable of forming a positive binding action, have made it a valuable commodity in food processing, pharmaceuticals, photography, and paper production.
The thickener segment by function of hydrocolloids market accounted for the largest share in the year 2022.
Hydrocolloids are widely used as thickeners in various food products, such as soups, salad dressings, gravies, sauces, and toppings. The main reason for using hydrocolloids as thickeners is that they easily disperse when in contact with water to provide a thickening effect to the emulsion. Major hydrocolloids used as thickeners include xanthan gum, guar gum, LBG, gum Arabic, and CMC. The thickening effect produced by these hydrocolloids depends on the type of hydrocolloid used, its concentration, as well as the food system in which it is used. It also depends on the pH of the food system and temperature. Ketchup is one of the most common food items where hydrocolloids find their application.
The food & beverage segment by application of hydrocolloids market accounted for the largest share in the year 2022.
Hydrocolloids are functional carbohydrates used in many types of food to enhance their shelf life and quality. They are used to modify the viscosity and texture of food products, such as ice cream, salad dressings, gravies, processed meats, and beverages. They are chiefly used to modify the rheology of the food system, specifically viscosity and texture. Some are used alone, while others are used in synergistic combinations. They are used as thickening agents. However, some of these additives can be used in forming gels. Much of this is related to the way each ingredient reacts to water, including its solubility and how it performs when exposed to varying temperatures. As water is immobilized, the gel can take on unique characteristics depending on the types of hydrocolloids used.
North American market for hydrocolloids is projected to grow at the highest CAGR during the forecast period.
Consumers in the North American market are on the lookout for minimally processed convenience foods with good textures and long storage lives. This has heightened the need for appropriate food safety measures. It has also leveraged food additives to improve quality, texture, and extend shelf life, which are becoming increasingly important and critical. The burgeoning demand for such convenience food products is expected to have a high impact on the hydrocolloid market in North America. With the challenge posed by the growing concern among consumers with respect to chemical methods and additives to enhance food quality and shelf life, manufacturers are exploring newer technologies and hydrocolloids, which would be efficient alternatives to synthetic products. The popular perception that natural additives are a healthier option is driving the trend in the hydrocolloids market in North America.
In the process of determining and verifying the market size for several segments and sub-segments gathered through secondary research, extensive primary interviews have been conducted with the key experts.
The break-up of Primaries:
- By Company Type: Tier 1 - 23%, Tier 2 - 30%, and Tier 3 - 47%
- By Designation: C level - 24%, director level - 36%, Executives - 40%
- By Geography: North America- 20%, Europe - 30%, Asia Pacific - 45%, and RoW - 5%
Research Coverage:
The report segments the hydrocolloids market on the basis of type, source, application, function, and region. In terms of insights, this report has focused on various levels of analyses-the competitive landscape, end-use analysis, and company profiles, which together comprise and discuss views on the emerging & high-growth segments, high-growth regions, countries, government initiatives, drivers, restraints, opportunities, and challenges of the global hydrocolloids market.
Reasons to buy this report:
- To get a comprehensive overview of the hydrocolloids market
- To gain wide-ranging information about the top players in this industry, their product portfolios, and key strategies adopted by them
- To gain insights about the major countries/regions in which the hydrocolloids market is flourishing
Table of Contents
1 Introduction
1.1 Study Objectives
1.2 Market Definition
1.3 Study Scope
Figure 1 Market Segmentation
1.3.1 Inclusions and Exclusions
1.4 Regions Covered
1.5 Years Considered
1.6 Units Considered
1.6.1 Currency (Value Unit)
Table 1 USD Exchange Rates Considered, 2018-2021
1.6.2 Volume Unit
1.7 Stakeholders
1.8 Summary of Changes
2 Research Methodology
2.1 Research Data
Figure 2 Hydrocolloids Market: Research Design
2.1.1 Secondary Data
2.1.1.1 Key Data from Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Industry Insights
2.1.2.2 Breakdown of Primary Interviews
Figure 3 Breakdown of Primary Interviews: by Company Type, Designation, and Region
2.2 Market Size Estimation
Figure 4 Hydrocolloids Market Size Estimation: Supply Side (1/2)
Figure 5 Hydrocolloids Market Size Estimation: Supply Side (2/2)
Figure 6 Hydrocolloids Market Size Estimation: Demand Side
2.2.1 Market Size Estimation: Bottom-Up Approach
Figure 7 Hydrocolloids Market Size Estimation: Bottom-Up Approach
2.2.2 Market Size Estimation Methodology: Top-Down Approach
Figure 8 Hydrocolloids Market Size Estimation: Top-Down Approach
2.3 Data Triangulation
Figure 9 Data Triangulation Methodology
2.4 Recession Impact Analysis
2.5 Assumptions
2.6 Research Limitations & Associated Risks
3 Executive Summary
Table 2 Hydrocolloids Market Snapshot, 2023 vs. 2028
Figure 10 Hydrocolloids Market, by Application, 2023 vs. 2028 (USD Million)
Figure 11 Hydrocolloids Market, by Type, 2023 vs. 2028 (USD Million)
Figure 12 Hydrocolloids Market, by Source, 2023 vs. 2028 (USD Million)
Figure 13 Hydrocolloids Market Size, by Function, 2023 vs. 2028 (USD Million)
Figure 14 Hydrocolloids Market Share (Value), by Region, 2022
4 Premium Insights
4.1 Attractive Opportunities for Hydrocolloids Market Players
Figure 15 North America to Account for Highest Growth Rate During Forecast Period
4.2 Europe: Hydrocolloids Market, by Key Function and Country
Figure 16 France and Thickeners Segments Accounted for Largest Respective Shares in 2022
4.3 Hydrocolloids Market, by Type, 2023 vs. 2028
Figure 17 Gelatin to Dominate Market During Forecast Period
4.4 Hydrocolloids Market, by Source, 2023 vs. 2028
Figure 18 Animal Source to Dominate Market During Forecast Period
4.5 Hydrocolloids Market, by Function, 2023 vs. 2028
Figure 19 Stabilizers to Account for Largest Market Share During Forecast Period
4.6 Hydrocolloids Market, by Application, 2023 vs. 2028
Figure 20 Food & Beverages to Dominate Market During Forecast Period
4.7 Hydrocolloids Market, by Application and Region, 2023 vs. 2028
Figure 21 North America and Food & Beverages to Dominate During Forecast Period
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
Figure 22 Market Dynamics: Hydrocolloids Market
5.2.1 Drivers
5.2.1.1 Multifunctionality of Hydrocolloids to Lead to Wide Range of Applications
Table 3 Applications and Functionalities of Various Hydrocolloids
5.2.1.2 Rise in Demand for Clean-Label Products due to Rise in Health and Wellness Trend
5.2.1.3 Expansion of Ready Meal and Convenience Food Industry to Catalyze Demand
5.2.2 Restraints
5.2.2.1 Stringent Regulations and International Quality Standards
5.2.2.2 Inadequate Supply of Raw Materials and Price Fluctuation
5.2.3 Opportunities
5.2.3.1 Emerging Markets in Asia-Pacific and Africa
5.2.3.2 Hydrocolloids to Replace and Reduce Other Ingredients in Food Products
5.2.3.3 Increase in Investments in R&D
5.2.4 Challenges
5.2.4.1 Intense Competition and Product Rivalry due to Similar Products
5.2.4.2 Unclear Labeling to Lead to Ambiguity and Uncertainty
6 Industry Trends
6.1 Introduction
6.2 Technology Analysis
6.2.1 Protein Hydrolysis
6.2.2 Alcohol Precipitation
6.2.3 Crosslinking of Polysaccharides
6.2.4 Co-Gelation
6.3 Value Chain Analysis
Figure 23 Hydrocolloids Market: Value Chain
6.4 Supply Chain
Figure 24 Product Development and Distribution to ADD Value to Supply Chain for Hydrocolloids
6.5 Ecosystem
6.5.1 Upstream
6.5.2 Downstream
Figure 25 Hydrocolloids Market: Ecosystem Map
6.6 Trends/Disruptions Impacting Customer's Business
Figure 26 Trends/Disruptions Impacting Customer's Business
6.7 Porter's Five Forces Analysis
Table 4 Hydrocolloids Market: Porter's Five Forces Analysis
6.7.1 Intensity of Competitive Rivalry
6.7.2 Bargaining Power of Suppliers
6.7.3 Bargaining Power of Buyers
6.7.4 Threat of Substitutes
6.7.5 Threat of New Entrants
6.8 Price Trend Analysis
6.8.1 Average Selling Prices, by Key Type
Figure 27 Global Average Selling Prices, by Key Type
Table 5 Gelatin: Average Selling Price (ASP), by Region, 2020-2022 (USD/Ton)
Table 6 Pectin: Average Selling Price (ASP), by Region, 2020-2022 (USD/Ton)
Table 7 Cmc: Average Selling Price (ASP), by Region, 2020-2022 (USD/Ton)
6.9 Patent Analysis
Figure 28 Patents Granted for Hydrocolloids Market, 2013-2022
Figure 29 Regional Analysis of Patents Granted for Hydrocolloids Market, 2013-2022
Table 8 Key Patents Pertaining to Hydrocolloids, 2013-2022
6.10 Key Conferences and Events
Table 9 Key Conferences and Events in Hydrocolloids Market, 2023
6.11 Case Studies
6.11.1 Case Study 1
Table 10 Food Hydrocolloid Batch-To-Batch Variation (Usa)
6.11.2 Case Study 2
Table 11 Assessment of Novel Fat Replacer
6.12 Tariff and Regulatory Landscape
Table 12 North America: Regulatory Bodies, Government Agencies, and Other Organizations
Table 13 Europe: Regulatory Bodies, Government Agencies, and Other Organizations
Table 14 Asia-Pacific: Regulatory Bodies, Government Agencies, and Other Organizations
Table 15 South America: Regulatory Bodies, Government Agencies, and Other Organizations
6.13 Trade Analysis
Table 16 Top 10 Importers and Exporters, 2021
Table 17 Top 10 Importers and Exporters, 2020
Table 18 Top 10 Importers and Exporters, 2019
Table 19 Top 10 Importers and Exporters, 2018
7 Hydrocolloids Market: Regulations
7.1 Introduction
7.2 Codex Alimentarius
7.3 European Commission
Table 20 List of Hydrocolloids Used in the Food Industry
8 Hydrocolloids Market, by Type
8.1 Introduction
Figure 30 Gelatin to Lead Hydrocolloids Market During Forecast Period (USD Million)
Table 21 Hydrocolloids Market, by Type, 2018-2022 (USD Million)
Table 22 Hydrocolloids Market, by Type, 2023-2028 (USD Million)
Table 23 Hydrocolloids Market, by Type, 2018-2022 (Kt)
Table 24 Hydrocolloids Market, by Type, 2023-2028 (Kt)
8.2 Gelatin
8.2.1 Wide Use of Gelatin in Food Application
Table 25 Gelatin: Hydrocolloids Market, by Region, 2018-2022 (USD Million)
Table 26 Gelatin: Hydrocolloids Market, by Region, 2023-2028 (USD Million)
Table 27 Gelatin: Hydrocolloids Market, by Region, 2018-2022 (Kt)
Table 28 Gelatin: Hydrocolloids Market, by Region, 2023-2028 (Kt)
8.3 Xanthan Gum
8.3.1 Xanthan Gum's Wide Usage as Thickener in Different Industries
Table 29 Xanthan Gum: Hydrocolloids Market, by Region, 2018-2022 (USD Million)
Table 30 Xanthan Gum: Hydrocolloids Market, by Region, 2023-2028 (USD Million)
Table 31 Xanthan Gum: Hydrocolloids Market, by Region, 2018-2022 (Kt)
Table 32 Xanthan Gum: Hydrocolloids Market, by Region, 2023-2028 (Kt)
8.4 Carrageenan
8.4.1 Usage of Carrageenan as Gelatin Alternative in Jelly-based Products
Table 33 Carrageenan: Hydrocolloids Market, by Region, 2018-2022 (USD Million)
Table 34 Carrageenan: Hydrocolloids Market, by Region, 2023-2028 (USD Million)
Table 35 Carrageenan: Hydrocolloids Market, by Region, 2018-2022 (Kt)
Table 36 Carrageenan: Hydrocolloids Market, by Region, 2023-2028 (Kt)
8.5 Alginates
8.5.1 Application of Alginate to Coat Fruits and Vegetables as Microbial and Viral Protection Products
Table 37 Alginates: Hydrocolloids Market, by Region, 2018-2022 (USD Million)
Table 38 Alginates: Hydrocolloids Market, by Region, 2023-2028 (USD Million)
Table 39 Alginates: Hydrocolloids Market, by Region, 2018-2022 (Kt)
Table 40 Alginates: Hydrocolloids Market, by Region, 2023-2028 (Kt)
8.6 Agar
8.6.1 Preference of Agar Over Synthetic Materials as Alternative Source of Raw Materials for Pharmaceutical Applications
Table 41 Agar: Hydrocolloids Market, by Region, 2018-2022 (USD Million)
Table 42 Agar: Hydrocolloids Market, by Region, 2023-2028 (USD Million)
Table 43 Agar: Hydrocolloids Market, by Region, 2018-2022 (Kt)
Table 44 Agar: Hydrocolloids Market, by Region, 2023-2028 (Kt)
8.7 Pectin
8.7.1 Usage of Pectin as Viscosity Enhancer due to Gelling Ability
Table 45 Pectin: Hydrocolloids Market, by Region, 2018-2022 (USD Million)
Table 46 Pectin: Hydrocolloids Market, by Region, 2023-2028 (USD Million)
Table 47 Pectin: Hydrocolloids Market, by Region, 2018-2022 (Kt)
Table 48 Pectin: Hydrocolloids Market, by Region, 2023-2028 (Kt)
8.8 Guar Gum
8.8.1 Use of Guar Gum in Different Industries as a Stabilizer
Table 49 Guar Gum: Hydrocolloids Market, by Region, 2018-2022 (USD Million)
Table 50 Guar Gum: Hydrocolloids Market, by Region, 2023-2028 (USD Million)
Table 51 Guar Gum: Hydrocolloids Market, by Region, 2018-2022 (Kt)
Table 52 Guar Gum: Hydrocolloids Market, by Region, 2023-2028 (Kt)
8.9 Locust Bean Gum
8.9.1 Locust Bean Gum to Decrease Blood Sugar and Blood Fat Levels
Table 53 Lbg: Hydrocolloids Market, by Region, 2018-2022 (USD Million)
Table 54 Lbg: Hydrocolloids Market, by Region, 2023-2028 (USD Million)
Table 55 Lbg: Hydrocolloids Market, by Region, 2018-2022 (Kt)
Table 56 Lbg: Hydrocolloids Market, by Region, 2023-2028 (Kt)
8.10 Gum Arabic
8.10.1 Gum Arabic Acts as Stabilizer to Extend Product's Shelf Life
Table 57 Gum Arabic: Hydrocolloids Market, by Region, 2018-2022 (USD Million)
Table 58 Gum Arabic: Hydrocolloids Market, by Region, 2023-2028 (USD Million)
Table 59 Gum Arabic: Hydrocolloids Market, by Region, 2018-2022 (Kt)
Table 60 Gum Arabic: Hydrocolloids Market, by Region, 2023-2028 (Kt)
8.11 Carboxymethyl Cellulose (CMC)
8.11.1 Usage of Cmc as Thickener and Stabilizer in Food Products
Table 61 Cmc: Hydrocolloids Market, by Region, 2018-2022 (USD Million)
Table 62 Cmc: Hydrocolloids Market, by Region, 2023-2028 (USD Million)
Table 63 Cmc: Hydrocolloids Market, by Region, 2018-2022 (Kt)
Table 64 Cmc: Hydrocolloids Market, by Region, 2023-2028 (Kt)
8.12 Microcrystalline Cellulose (MCC)
8.12.1 Application of Mcc as Cellulose Derivative in the Food Industry
Table 65 Mcc: Hydrocolloids Market, by Region, 2018-2022 (USD Million)
Table 66 Mcc: Hydrocolloids Market, by Region, 2023-2028 (USD Million)
Table 67 Mcc: Hydrocolloids Market, by Region, 2018-2022 (Kt)
Table 68 Mcc: Hydrocolloids Market, by Region, 2023-2028 (Kt)
9 Hydrocolloids Market, by Source
9.1 Introduction
Figure 31 Animal Hydrocolloids Segment to Dominate Market During Forecast Period (USD Million)
Table 69 Hydrocolloids Market, by Source, 2018-2022 (USD Million)
Table 70 Hydrocolloids Market, by Source, 2023-2028 (USD Million)
9.2 Botanical
9.2.1 Botanical Hydrocolloids Considered as ‘Clean Label’ and Safe Option Against Synthetic Additives
Table 71 Botanical: Hydrocolloids Market, by Region, 2018-2022 (USD Million)
Table 72 Botanical: Hydrocolloids Market, by Region, 2023-2028 (USD Million)
9.3 Microbial
9.3.1 Wide Usage of Microbial-Sourced Hydrocolloids Such as Xanthan Gum
Table 73 Microbial: Hydrocolloids Market, by Region, 2018-2022 (USD Million)
Table 74 Microbial: Hydrocolloids Market, by Region, 2023-2028 (USD Million)
9.4 Animal
9.4.1 Animal-Derived Gelatin to Occupy Major Market Share
Table 75 Animal: Hydrocolloids Market, by Region, 2018-2022 (USD Million)
Table 76 Animal: Hydrocolloids Market, by Region, 2023-2028 (USD Million)
9.5 Seaweed
9.5.1 Application of High-Value Seaweed Hydrocolloids as Thickening Agents in Pharmaceuticals and Biotechnological Applications
Table 77 Seaweed: Hydrocolloids Market, by Region, 2018-2022 (USD Million)
Table 78 Seaweed: Hydrocolloids Market, by Region, 2023-2028 (USD Million)
9.6 Synthetic
9.6.1 Resistance to Microbial Degradation to be a Major Advantage of Synthetic Hydrocolloids Over Natural Hydrocolloids
Table 79 Synthetic: Hydrocolloids Market, by Region, 2018-2022 (USD Million)
Table 80 Synthetic: Hydrocolloids Market, by Region, 2023-2028 (USD Million)
10 Hydrocolloids Market, by Function
10.1 Introduction
Figure 32 Stabilizers Segment to Dominate Market During Forecast Period (USD Million)
Table 81 Hydrocolloids Market, by Function, 2018-2022 (USD Million)
Table 82 Hydrocolloids Market, by Function, 2023-2028 (USD Million)
10.2 Thickeners
10.2.1 Application of Thickening Agents in Soups, Salad Dressings, Gravies, Sauces, and Toppings
Table 83 Hydrocolloids Used as Thickening Agents
Table 84 Thickeners: Hydrocolloids Market, by Region, 2018-2022 (USD Million)
Table 85 Thickeners: Hydrocolloids Market, by Region, 2023-2028 (USD Million)
10.3 Stabilizers
10.3.1 Hydrocolloids Act as Stabilizers in Dairy Products, Beverages, and Desserts
Table 86 Stabilizers: Hydrocolloids Market, by Region, 2018-2022 (USD Million)
Table 87 Stabilizers: Hydrocolloids Market, by Region, 2023-2028 (USD Million)
10.4 Gelling Agents
10.4.1 Usage of Hydrocolloid Gelation in Various Food Applications
Table 88 Hydrocolloids Used as Gelling Agents
Table 89 Gelling Agents: Hydrocolloids Market, by Region, 2018-2022 (USD Million)
Table 90 Gelling Agents: Hydrocolloids Market, by Region, 2023-2028 (USD Million)
10.5 Fat Replacers
10.5.1 Preference of Consumers of Reduced-Fat Products in Their Routine Diet
Table 91 Fat Replacers: Hydrocolloids Market, by Region, 2018-2022 (USD Million)
Table 92 Fat Replacers: Hydrocolloids Market, by Region, 2023-2028 (USD Million)
10.6 Coating Materials
10.6.1 Usage of Hydrocolloids in Edible Film-Forming Functions
Table 93 Coating Materials: Hydrocolloids Market, by Region, 2018-2022 (USD Million)
Table 94 Coating Materials: Hydrocolloids Market, by Region, 2023-2028 (USD Million)
10.7 Other Functions
10.7.1 Hydrocolloids to Gain Popularity as Emulsifiers and Moisture-Binding Agents
Table 95 Other Functions: Hydrocolloids Market, by Region, 2018-2022 (USD Million)
Table 96 Other Functions: Hydrocolloids Market, by Region, 2023-2028 (USD Million)
11 Hydrocolloids Market, by Application
11.1 Introduction
Figure 33 Food & Beverages Segment to Dominate Market During Forecast Period
Table 97 Hydrocolloids Market, by Application, 2018-2022 (USD Million)
Table 98 Hydrocolloids Market, by Application, 2023-2028 (USD Million)
11.2 Food & Beverages
11.2.1 Hydrocolloids to Replace Fat by Using Starches Soluble in Water
Table 99 Food & Beverages: Hydrocolloids Market, by Region, 2018-2022 (USD Million)
Table 100 Food & Beverages: Hydrocolloids Market, by Region, 2023-2028 (USD Million)
11.2.2 Bakery & Confectionery
11.2.2.1 Hydrocolloids to Improve Quality of Bakery Products by Providing Texture, Stability, and Extended Shelf-Life
11.2.3 Meat & Poultry Products
11.2.3.1 Hydrocolloids to Improve Cooking Yield, Texture, and Slice Characteristics
11.2.4 Sauces & Dressings
11.2.4.1 Hydrocolloids to be Used in Sauces and Dressing Applications
11.2.5 Dairy Products
11.2.5.1 Food Hydrocolloids Used as Stabilizers, Thickeners, and Gelling Agents
11.2.6 Others
11.3 Cosmetics & Personal Care Products
11.3.1 Use of Hydrocolloids as Viscosity Control Agents due to Their Thickening and Gelling Properties
Table 101 Cosmetics & Personal Care Products: Hydrocolloids Market, by Region, 2018-2022 (USD Million)
Table 102 Cosmetics & Personal Care Products: Hydrocolloids Market, by Region, 2023-2028 (USD Million)
11.4 Pharmaceuticals
11.4.1 Potential of Naturally Occurring Hydrocolloids in Drug Formulation due to Extensive Application as Food Additives
Table 103 Pharmaceuticals: Hydrocolloids Market, by Region, 2018-2022 (USD Million)
Table 104 Pharmaceuticals: Hydrocolloids Market, by Region, 2023-2028 (USD Million)
12 Hydrocolloids Market, by Region
12.1 Introduction
Figure 34 Hydrocolloids Market Growth Rate, by Key Country, 2023-2028
Table 105 Hydrocolloids Market, by Region, 2018-2022 (USD Million)
Table 106 Hydrocolloids Market, by Region, 2023-2028 (USD Million)
Table 107 Hydrocolloids Market, by Region, 2018-2022 (Kt)
Table 108 Hydrocolloids Market, by Region, 2023-2028 (Kt)
12.2 North America
Figure 35 North America: Hydrocolloids Market Snapshot
12.2.1 Recession Impact Analysis
Figure 36 North America: Recession Impact Analysis
Table 109 North America: Hydrocolloids Market, by Country, 2018-2022 (USD Million)
Table 110 North America: Hydrocolloids Market, by Country, 2023-2028 (USD Million)
Table 111 North America: Hydrocolloids Market, by Type, 2018-2022 (USD Million)
Table 112 North America: Hydrocolloids Market, by Type, 2023-2028 (USD Million)
Table 113 North America: Hydrocolloids Market, by Type, 2018-2022 (Kt)
Table 114 North America: Hydrocolloids Market, by Type, 2023-2028 (Kt)
Table 115 North America: Hydrocolloids Market, by Application, 2018-2022 (USD Million)
Table 116 North America: Hydrocolloids Market, by Application, 2023-2028 (USD Million)
Table 117 North America: Hydrocolloids Market, by Source, 2018-2022 (USD Million)
Table 118 North America: Hydrocolloids Market, by Source, 2023-2028 (USD Million)
Table 119 North America: Hydrocolloids Market, by Function, 2018-2022 (USD Million)
Table 120 North America: Hydrocolloids Market, by Function, 2023-2028 (USD Million)
12.2.2 US
12.2.2.1 Higher Demand for Low-Fat Food Products to Drive Market Growth
Table 121 US: Hydrocolloids Market, by Application, 2018-2022 (USD Million)
Table 122 US: Hydrocolloids Market, by Application, 2023-2028 (USD Million)
12.2.3 Canada
12.2.3.1 Substantial Growth of Functional Food Segment to Trigger Demand for Different Hydrocolloids
Table 123 Canada: Hydrocolloids Market, by Application, 2018-2022 (USD Million)
Table 124 Canada: Hydrocolloids Market, by Application, 2023-2028 (USD Million)
12.2.4 Mexico
12.2.4.1 Rise in Consumption of Dairy Products to Drive Market Growth
Table 125 Mexico: Hydrocolloids Market, by Application, 2018-2022 (USD Million)
Table 126 Mexico: Hydrocolloids Market, by Application, 2023-2028 (USD Million)
12.3 Europe
12.3.1 Recession Impact Analysis
Figure 37 Europe: Hydrocolloids Market: Recession Impact Analysis
Table 127 Europe: Hydrocolloids Market, by Country, 2018-2022 (USD Million)
Table 128 Europe: Hydrocolloids Market, by Country, 2023-2028 (USD Million)
Table 129 Europe: Hydrocolloids Market, by Type, 2018-2022 (USD Million)
Table 130 Europe: Hydrocolloids Market, by Type, 2023-2028 (USD Million)
Table 131 Europe: Hydrocolloids Market, by Type, 2018-2022 (Kt)
Table 132 Europe: Hydrocolloids Market, by Type, 2023-2028 (Kt)
Table 133 Europe: Hydrocolloids Market, by Application, 2018-2022 (USD Million)
Table 134 Europe: Hydrocolloids Market, by Application, 2023-2028 (USD Million)
Table 135 Europe: Hydrocolloids Market, by Source, 2018-2022 (USD Million)
Table 136 Europe: Hydrocolloids Market, by Source, 2023-2028 (USD Million)
Table 137 Europe: Hydrocolloids Market, by Function, 2018-2022 (USD Million)
Table 138 Europe: Hydrocolloids Market, by Function, 2023-2028 (USD Million)
12.3.2 Germany
12.3.2.1 Increase in Consumption of Different Baked Goods to Drive Market
Table 139 Germany: Hydrocolloids Market, by Application, 2018-2022 (USD Million)
Table 140 Germany: Hydrocolloids Market, by Application, 2023-2028 (USD Million)
12.3.3 UK
12.3.3.1 Presence of Large Food Sector as Well as Cosmetic Industry to Propel Market Growth
Table 141 UK: Hydrocolloids Market, by Application, 2018-2022 (USD Million)
Table 142 UK: Hydrocolloids Market, by Application, 2023-2028 (USD Million)
12.3.4 France
12.3.4.1 High Consumption of Confectionery Products to Drive Market
Table 143 France: Hydrocolloids Market, by Application, 2018-2022 (USD Million)
Table 144 France: Hydrocolloids Market, by Application, 2023-2028 (USD Million)
12.3.5 Italy
12.3.5.1 Wide Presence of Dairy Sector and Increased Production of Ice Cream to Increase Use of Hydrocolloids
Table 145 Italy: Hydrocolloids Market, by Application, 2018-2022 (USD Million)
Table 146 Italy: Hydrocolloids Market, by Application, 2023-2028 (USD Million)
12.3.6 Spain
12.3.6.1 Demand for Healthier Processed Food to Increase Demand for Natural Hydrocolloids
Table 147 Spain: Hydrocolloids Market, by Application, 2018-2022 (USD Million)
Table 148 Spain: Hydrocolloids Market, by Application, 2023-2028 (USD Million)
12.3.7 Rest of Europe
Table 149 Rest of Europe: Hydrocolloids Market, by Application, 2018-2022 (USD Million)
Table 150 Rest of Europe: Hydrocolloids Market, by Application, 2023-2028 (USD Million)
12.4 Asia-Pacific
12.4.1 Recession Impact Analysis
Figure 38 Asia-Pacific Hydrocolloids Market: Recession Impact Analysis
Table 151 Asia-Pacific: Hydrocolloids Market, by Country, 2018-2022 (USD Million)
Table 152 Asia-Pacific: Hydrocolloids Market, by Country, 2023-2028 (USD Million)
Table 153 Asia-Pacific: Hydrocolloids Market, by Type, 2018-2022 (USD Million)
Table 154 Asia-Pacific: Hydrocolloids Market, by Type, 2023-2028 (USD Million)
Table 155 Asia-Pacific: Hydrocolloids Market, by Type, 2018-2022 (Kt)
Table 156 Asia-Pacific: Hydrocolloids Market, by Type, 2023-2028 (Kt)
Table 157 Asia-Pacific: Hydrocolloids Market, by Application, 2018-2022 (USD Million)
Table 158 Asia-Pacific: Hydrocolloids Market, by Application, 2023-2028 (USD Million)
Table 159 Asia-Pacific: Hydrocolloids Market, by Source, 2018-2022 (USD Million)
Table 160 Asia-Pacific: Hydrocolloids Market, by Source, 2023-2028 (USD Million)
Table 161 Asia-Pacific: Hydrocolloids Market, by Function, 2018-2022 (USD Million)
Table 162 Asia-Pacific: Hydrocolloids Market, by Function, 2023-2028 (USD Million)
12.4.2 China
12.4.2.1 Rise in Demand for Healthy Beverages and Dairy Products to Drive Market Growth
Table 163 China: Hydrocolloids Market, by Application, 2018-2022 (USD Million)
Table 164 China: Hydrocolloids Market, by Application, 2023-2028 (USD Million)
12.4.3 Japan
12.4.3.1 Demand for Variety of Japanese Beverages to Drive Market
Table 165 Japan: Hydrocolloids Market, by Application, 2018-2022 (USD Million)
Table 166 Japan: Hydrocolloids Market, by Application, 2023-2028 (USD Million)
12.4.4 Australia & New Zealand
12.4.4.1 Consumption of Beverages to Increase Demand for Different Preservative Manufacturers
Table 167 Australia & New Zealand: Hydrocolloids Market, by Application, 2018-2022 (USD Million)
Table 168 Australia & New Zealand: Hydrocolloids Market, by Application, 2023-2028 (USD Million)
12.4.5 India
12.4.5.1 Increase in Demand for Healthy Processed Food Products to Increase Demand for Hydrocolloids
Table 169 India: Hydrocolloids Market, by Application, 2018-2022 (USD Million)
Table 170 India: Hydrocolloids Market, by Application, 2023-2028 (USD Million)
12.4.6 Rest of Asia-Pacific
Table 171 Rest of Asia-Pacific: Hydrocolloids Market, by Application, 2018-2022 (USD Million)
Table 172 Rest of Asia-Pacific: Hydrocolloids Market, by Application, 2023-2028 (USD Million)
12.5 Rest of the World (RoW)
Figure 39 RoW: Hydrocolloids Market Snapshot
12.5.1 Recession Impact Analysis
Figure 40 RoW Hydrocolloids Market: Recession Impact Analysis
Table 173 RoW: Hydrocolloids Market, by Sub-Region, 2018-2022 (USD Million)
Table 174 RoW: Hydrocolloids Market, by Region, 2023-2028 (USD Million)
Table 175 RoW: Hydrocolloids Market, by Type, 2018-2022 (USD Million)
Table 176 RoW Hydrocolloids Market, by Type, 2023-2028 (USD Million)
Table 177 RoW: Hydrocolloids Market, by Type, 2018-2022 (Kt)
Table 178 RoW: Hydrocolloids Market, by Type, 2023-2028 (Kt)
Table 179 RoW: Hydrocolloids Market, by Application, 2018-2022 (USD Million)
Table 180 RoW: Hydrocolloids Market, by Application, 2023-2028 (USD Million)
Table 181 RoW: Hydrocolloids Market, by Source, 2018-2022 (USD Million)
Table 182 RoW: Hydrocolloids Market, by Source, 2023-2028 (USD Million)
Table 183 RoW: Hydrocolloids Market, by Function, 2018-2022 (USD Million)
Table 184 RoW: Hydrocolloids Market, by Function, 2023-2028 (USD Million)
12.5.2 Middle East & Africa
12.5.2.1 Rising Demand for Nutritional Labeling to Increase Demand for Natural Hydrocolloids
Table 185 Middle East & Africa: Hydrocolloids Market, by Application, 2018-2022 (USD Million)
Table 186 Middle East & Africa: Hydrocolloids Market, by Application, 2023-2028 (USD Million)
12.5.3 South America
12.5.3.1 Gradual Increase in Purchasing Power of Argentinians and Brazilians to Increase Consumption of Convenience Food
Table 187 South America: Hydrocolloids Market, by Application, 2018-2022 (USD Million)
Table 188 South America: Hydrocolloids Market, by Application, 2023-2028 (USD Million)
13 Competitive Landscape
13.1 Overview
13.2 Strategies Adopted by Key Players
Table 189 Strategies Adopted by Key Players in Hydrocolloids Market
13.3 Market Share Analysis
Table 190 Global Hydrocolloids Market: Degree of Competition
13.4 Revenue Share Analysis of Key Players
Figure 41 Revenue Analysis of Key Players, 2019-2021 (USD Billion)
13.5 Company Evaluation Quadrant (Key Players)
13.5.1 Stars
13.5.2 Emerging Leaders
13.5.3 Pervasive Players
13.5.4 Participants
Figure 42 Hydrocolloids Market: Company Evaluation Quadrant, 2021 (Key Players)
13.6 Product Footprint
Table 191 Company Product Footprint, by Application
Table 192 Company Product Footprint, by Region
Table 193 Overall Company Product Footprint
13.7 Startup/SME Evaluation Quadrant (Other Players)
13.7.1 Progressive Companies
13.7.2 Starting Blocks
13.7.3 Responsive Companies
13.7.4 Dynamic Companies
Figure 43 Hydrocolloids Market: Company Evaluation Quadrant, 2021 (Other Players)
13.7.5 Competitive Benchmarking of Other Players
Table 194 Detailed List of Other Players
Table 195 Competitive Benchmarking (Other Players), 2021
13.8 Competitive Scenario
13.8.1 Product Launches
Table 196 Hydrocolloids Market: New Product Launches, 2018-2022
13.8.2 Deals
Table 197 Hydrocolloids Market: Deals, 2018-2022
13.8.3 Others
Table 198 Hydrocolloids Market: Others, 2018-2022
14 Company Profiles
Business Overview, Products/Solutions/Services Offered, Recent Developments, Analyst's View (Key Strengths/Right to Win, Strategic Choices Made, Weakness/Competitive Threats
14.1 Key Players
14.1.1 International Flavors & Fragrances Inc.
Table 199 International Flavors & Fragrances Inc.- Business Overview
Figure 44 International Flavors & Fragrances Inc.: Company Snapshot
Table 200 International Flavors & Fragrances Inc.: Product Launches
Table 201 International Flavors & Fragrances Inc.: Deals
Table 202 International Flavors & Fragrances Inc.: Others
14.1.2 Ingredion
Table 203 Ingredion: Business Overview
Figure 45 Ingredion: Company Snapshot
Table 204 Ingredion: Product Launches
14.1.3 Cargill, Incorporated
Table 205 Cargill, Incorporated: Business Overview
Figure 46 Cargill, Incorporated: Company Snapshot
Table 206 Cargill, Incorporated: Others
14.1.4 Kerry Group PLC
Table 207 Kerry Group PLC: Business Overview
Figure 47 Kerry Group PLC: Company Snapshot
Table 208 Kerry Group PLC: Others
14.1.5 Archer Daniels Midland Company (Adm)
Table 209 Archer Daniels Midland Company - Business Overview
Figure 48 Archer Daniels Midland Company: Company Snapshot
Table 210 Archer Daniels Midland Company: Deals
Table 211 Archer Daniels Midland Company: Others
14.1.6 Darling Ingredients Inc.
Table 212 Darling Ingredients Inc.: Business Overview
Figure 49 Darling Ingredients Inc.: Company Snapshot
Table 213 Darling Ingredients Inc.: New Product Launches
14.1.7 DSM
Table 214 DSM: Business Overview
Figure 50 DSM: Company Snapshot
Table 215 DSM: Product Launches
Table 216 DSM: Others
14.1.8 Ashland
Table 217 Ashland - Business Overview
Figure 51 Ashland: Company Snapshot
14.1.9 Tate & Lyle
Table 218 Tate & Lyle: Business Overview
Figure 52 Tate & Lyle: Company Snapshot
Table 219 Tate & Lyle: Others
14.1.10 Fufeng Group
Table 220 Fufeng Group - Business Overview
Figure 53 Fufeng Group: Company Snapshot
14.1.11 Palsgaard A/S
Table 221 Palsgaard A/S: Business Overview
Table 222 Palsgaard A/S: Deals
Table 223 Palsgaard: Others
14.1.12 Cp Kelco U.S. Inc.
Table 224 Cp Kelco U.S. Inc. - Business Overview
Table 225 Cp Kelco U.S. Inc.: Product Launches
Table 226 Cp Kelco U.S. Inc.: Deals
Table 227 Cp Kelco U.S. Inc.: Others
14.1.13 Nexira
Table 228 Nexira - Business Overview
Table 229 Nexira: Product Launches
Table 230 Nexira: Deals
14.1.14 Deosen Biochemical (Ordos) Ltd.
Table 231 Deosen Biochemical (Ordos) Ltd. - Business Overview
14.1.15 BASF SE
Table 232 BASF SE: Business Overview
Figure 54 BASF SE: Company Snapshot
14.2 Other Players
14.2.1 Est-Agar As
Table 233 Est-Agar as - Business Overview
14.2.2 Exandal Usa Corp.
Table 234 Exandal Usa Corp.- Business Overview
14.2.3 Indian Hydrocolloids
Table 235 Indian Hydrocolloids - Business Overview
14.2.4 Lucid Colloids Ltd.
Table 236 Lucid Colloids Ltd - Business Overview
14.2.5 Sunita Hydrocolloids Pvt Ltd.
Table 237 Sunita Hydrocolloids Pvt Ltd - Business Overview
14.2.6 Bhansali International
14.2.7 B & V Srl
14.2.8 Altrafine Gums
14.2.9 Agarmex
14.2.10 Agar Del Pacifico SA
Details on Business Overview, Products/Solutions/Services Offered, Recent Developments, Analyst's View (Key Strengths/Right to Win, Strategic Choices Made, Weakness/Competitive Threats)* Might Not be Captured in Case of Unlisted Companies.
15 Adjacent and Related Markets
15.1 Introduction
Table 238 Adjacent Markets to Hydrocolloids Market
15.2 Study Limitations
15.3 Food Emulsifiers Market
15.3.1 Market Definition
15.3.2 Market Overview
Table 239 Food Emulsifiers Market Size, by Application, 2020-2025 (USD Million)
15.4 Pectin Market
15.4.1 Market Definition
15.4.2 Market Overview
Table 240 Pectin Market Size, by Type, 2017-2025 (USD Million)
16 Appendix
16.1 Discussion Guide
16.2 Knowledgestore: The Subscription Portal
16.3 Customization Options
Companies Mentioned
- Agar Del Pacifico SA
- Agarmex
- Altrafine Gums
- Archer Daniels Midland Company (Adm)
- Ashland
- B & V Srl
- BASF SE
- Bhansali International
- Cargill, Incorporated
- Cp Kelco U.S. Inc.
- Darling Ingredients Inc.
- Deosen Biochemical (Ordos) Ltd.
- DSM
- Est-Agar As
- Exandal Usa Corp.
- Fufeng Group
- Indian Hydrocolloids
- Ingredion
- International Flavors & Fragrances Inc.
- Kerry Group PLC
- Lucid Colloids Ltd.
- Nexira
- Palsgaard A/S
- Sunita Hydrocolloids Pvt Ltd.
- Tate & Lyle
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 259 |
| Published | March 2023 |
| Forecast Period | 2023 - 2028 |
| Estimated Market Value ( USD | $ 11.2 Billion |
| Forecasted Market Value ( USD | $ 14.5 Billion |
| Compound Annual Growth Rate | 5.4% |
| Regions Covered | Global |
| No. of Companies Mentioned | 25 |
