Hydrocolloids Market Size 2022, Share, Growth, Industry Trends and Forecast Till 2027
IMARC Group has recently released a new research study “Hydrocolloids Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios.
What are the growth prospects of the Hydrocolloids Industry?
The global hydrocolloids market size reached US$ 10.75 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 14.8 Billion on by 2027, exhibiting a growth rate (CAGR) of 8.30% during 2022-2027.
What is a Hydrocolloids Market?
Hydrocolloids represent hydrophilic polymers, which form a colloidal dispersion in water. They are extracted from animals, plants, seaweeds, etc., and can be categorized into several types, such as gelatin, pectin, carrageenan, agar, alginates, carboxy methyl, guar gum, etc.
Hydrocolloids improve the textural properties of beverages, bakery products, seafood, dairy, frozen food, confectionery, oils, etc., and act as thickeners, stabilizers, water retention agents, emulsifiers, and gel-forming agents. They even provide a moist and insulating healing environment that reduces skin inflammation, protects uninfected wounds, treats acne blemishes, etc.
As a result, hydrocolloids find widespread applications across numerous sectors, including food and beverage (F&B), personal care, cosmetics, pharmaceutical, etc.
Covid-19 Impact:
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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What are the major market drivers in the Hydrocolloids Market:
The increasing product use as gelling and thickening agents in gravies, jams, soups, jellies, and marmalade and to manufacture convenience food items for enhancing their shelf-life, improve consistency, and control the microstructure, flavor, and texture is among the key factors driving the hydrocolloids market.
In addition to this, the growing demand of Hydrocolloids from the cosmetics and personal care segment to produce lotions, toothpaste, deodorants, sunscreens, etc., owing to their water-binding and viscosity-controlling properties, is also positively influencing the market growth.
Besides this, the elevating employment of microwave or ultrasound-assisted extraction of hydrocolloids from macroalgae that lowers the use of chemicals, maintains sustainability and maximizes yield is acting as another significant growth-inducing factor.
Moreover, the escalating usage of the polymer in the pharmaceutical industry to manufacture oral formulations, on account of its excellent rheological properties that impart stickiness and regulate the flow behavior, is further stimulating the global market. Apart from this, the rising product application for dressing and wound care is expected to augment the hydrocolloids market in the coming years.
Who are the leading players in the Hydrocolloids Market ?
The major players in the market are Applied Agarmex Sa De Cv., Archer-Daniels-Midland Company, Ashland Global Specialty Chemicals Inc., B. Braun SE, Cargill Incorporated, Carob S.A., CP Kelco U.S. Inc. (J.M. Huber Corporation), Ingredion Incorporated, Koninklijke DSM N.V., Nexira, Palsgaard A/S, Rousselot (M) SDN. BHD. (Darling International Inc.). and Tate & Lyle PLC.
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Hydrocolloids Market Report Scope |
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Report Coverage |
Details |
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Market size value in 2021 |
US$ 25.95 Billion |
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Market forecast in 2027 |
US$ 25.95 Billion |
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Growth Rate |
CAGR of 8.30% from 2022 to 2027 |
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Base year for estimation |
2021 |
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Historical data |
2016-2021 |
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Forecast period |
2022-2027 |
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Report coverage |
Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, And Trends |
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Segments covered |
Source, Product, Function And Application |
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Regional scope |
Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
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Key companies profiled |
Agarmex Sa De Cv., Archer-Daniels-Midland Company, Ashland Global Specialty Chemicals Inc., B. Braun SE, Cargill Incorporated, Carob S.A., CP Kelco U.S. Inc. (J.M. Huber Corporation), Ingredion Incorporated, Koninklijke DSM N.V., Nexira, Palsgaard A/S, Rousselot (M) SDN. BHD. (Darling International Inc.). and Tate & Lyle PLC. |
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Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period, |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Report Segmentation:
The report has been segmented the market into following categories:
Breakup by Source:
· Animal
· Botanical
· Microbial
· Seaweed
· Synthetic
Breakup by Product:
· Gelatin
· Xanthan Gum
· Carrageenan
· Guar Gum
· Others
Breakup by Function:
· Thickening
· Gelling
· Stabilizing
· Others
Breakup by Application:
· Food and Beverages
· Personal Care and Cosmetics
· Pharmaceuticals
By Geography:
•North America (United States, Canada)
•Europe (Germany, France, United Kingdom, Italy, Spain, Others)
•Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
•Latin America (Brazil, Mexico, Others)
•Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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