Hydrocolloids Market Size Worth $18.81 Billion By 2032 | CAGR: 6.1%

Hydrocolloids Market Size Worth $18.81 Billion By 2032 | CAGR: 6.1%

The global hydrocolloids market size is expected to reach USD 18.81 billion by 2032, according to a new study by Polaris Market Research. The report “Hydrocolloids Market Share, Size, Trends, Industry Analysis Report, By Type; By Source (Animal, Microbial, Botanical, Seaweed, Others); By Function; By End-Use; By Region; Segment Forecast, 2024 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The food and beverage industry's increased utilization of hydrocolloids is driving growth in the market. These substances are widely used as food additives in various formulations to improve quality and prolong shelf-life. They serve primarily as rheology modifiers in food and beverage production, allowing for the modification of texture and viscosity and subsequently altering the sensory properties of the final product. Hydrocolloids also act as stabilizers, water retention agents, emulsifiers, and gelling agents in many food products. Furthermore, they can prevent the formation of ice and sugar crystals in ice cream while providing controlled flavor release.

Hydrocolloids are a mixture of polysaccharides that can create a gel-like substance when mixed with water. They are sourced from various sources, such as plants, animals, seaweed, and microorganisms, and have gained significant popularity among manufacturers globally. These substances are used extensively in different application sectors such as food and beverage, cosmetics, and pharmaceuticals due to their ability to thicken, gel, stabilize, and improve texture. With the increasing demand for convenience, manufacturers use hydrocolloids heavily in various processed foods, which drives the market growth for these products.

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The hydrocolloids market has experienced several trends and developments in recent years. The demand for natural and organic hydrocolloids has increased as consumers prioritize health and wellness. Hydrocolloids have also become more prevalent in the dairy and frozen dessert industries, and their use has expanded to plant-based and vegan products. Technological advancements and innovations, such as developing new blends and improved production processes, have also impacted the market.

Hydrocolloids Market Report Highlights

  • Gelatin segment dominated the market and is likely to continue its dominance in the market over the projected period. It is widely used in pharmaceutical products for tablet formulation and wound dressings and as a clarifying agent in food products.
  • Animal segment is expected to dominate the market in the projected period due to its abundant availability of animal by-products for manufacturing as raw materials and manufacturers producing products that support animal welfare.
  • Stabilizers segment is anticipated to grow fastest over the forecast period due to unstable beverage emulsions and tends to separate into two different liquids. Therefore, using hydrocolloids is essential to stabilize and preserve the flavors.
  • Food and beverages segment is expected to grow fastest over the projected period due to beef and poultry products which can improve cooking yield, texture, and qualities, and hydrocolloids are mostly used in the food and beverages industry.
  • North America is anticipated to hold the largest share in the hydrocolloids market because of the continuously changing peoples’ eating habits and increasing demand for ingredients that can reduce oil and fats.
  • The global key market players include CP Kelco U.S., Inc., Fufeng Group, Ashland, DSM, Palsgaard A/S, Ingredion, Darling Ingredients Inc., Associated Archer Daniels Midland Company, Deosen Biochemical (Ordos) Ltd., Cargill, Incorporated, Kerry Group plc, BASF SE, Tate & Lyle, Nexira, and International Flavors & Fragrances Inc.

Polaris Market Research has segmented the Hydrocolloids Market report based on type, source, function, end-use, and region:

Hydrocolloids Market, Type Outlook (Revenue - USD Billion, 2019 - 2032)

  • Agar
  • Guar gum
  • Xanthan gum
  • Alginates
  • Gelatin
  • Carrageenan
  • Pectin
  • Gum Arabic Carboxymethyl cellulose (CMC)
  • Microcrystalline cellulose (MCC)
  • Locust bean gum (LBG)

Hydrocolloids Market, Source Outlook (Revenue - USD Billion, 2019 - 2032)

  • Animal
  • Microbial
  • Botanical
  • Seaweed
  • Others

Hydrocolloids Market, Function Outlook (Revenue - USD Billion, 2019 - 2032)

  • Stabilizers
  • Thickeners
  • Gelling agents
  • Coating materials
  • Fat replacers
  • Others

Hydrocolloids Market, End-Use Outlook (Revenue - USD Billion, 2019 - 2032)

  • Pharmaceuticals
  • Food & Beverage
  • Cosmetic and personal care product
  • Others

Hydrocolloids Market, Regional Outlook (Revenue - USD Billion, 2019 - 2032)

  • North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Netherlands
  • Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Malaysia
  • Latin America
  • Argentina
  • Brazil
  • Mexico
  • Middle East & Africa
  • UAE
  • Saudi Arabia
  • Israel
  • South Africa

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  • Segmentation analysis
  • Industry outlook
  • Competitive landscape
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