Hydrocolloids Market Report by Source, Product, Function, Application, and Region 2024-2032
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- 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.)
- Tate & Lyle PLC
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The global hydrocolloids market size reached US$ 12.0 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 17.8 Billion by 2032, exhibiting a growth rate (CAGR) of 4.35% during 2024-2032.
Hydrocolloids are high molecular weight hydrophilic polymers that form a colloidal dispersion in water. They are extracted from plants, animals, seaweeds, and microbials. Pectin, carrageenan, gelatin, alginates, agar, carboxy methyl, and guar gum are some commonly used hydrocolloids. They are widely incorporated in beverages, bakery products, dairy, frozen food, confectionery, seafood, oils, and fats. Hydrocolloids improve the textural properties and act as thickeners, water retention agents, stabilizers, emulsifiers, and gel-forming agents. They also provide a moist and insulating healing environment that protects uninfected wounds, treats acne blemishes, and reduces inflammation and skin redness. As a result, hydrocolloids find extensive applications across the food and beverage (F&B), pharmaceutical, personal care, and cosmetics industries.
Hydrocolloids Market Trends:
Significant growth in the F&B industry across the globe is creating a positive outlook for the market. Hydrocolloids are widely used as gelling and thickening agents in soups, gravies, jams, jellies, and marmalade. In addition, increasing product utilization for manufacturing convenience food products to improve shelf-life, increase consistency, and control the microstructure, texture, and flavor is acting as another growth-inducing factor. Furthermore, the rising product demand in the cosmetics and personal care industries to produce toothpaste, lotions, deodorants, and sunscreens due to their viscosity-controlling and water-binding properties are providing a thrust to the market growth. Apart from this, the introduction of ultrasound or microwave-assisted extraction of hydrocolloids from macroalgae that reduces the use of chemicals, maximizes yield, and maintains sustainability is propelling the market growth. Moreover, the widespread product utilization in the pharmaceutical sector for manufacturing oral formulations due to its excellent rheological properties that regulate the flow behavior and impart stickiness is providing a considerable boost to the market growth. Other factors, including the rising application of hydrocolloids for dressing and wound care, increasing demand for natural ingredients and clean-label products, and shifting inclination towards ready-to-eat (RTE) products, are anticipated to drive the market growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global hydrocolloids market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on source, product, function and application.
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
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being 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.
Key Questions Answered in This Report
- 1. How big is the global hydrocolloids market?
- 2. What is the expected growth rate of the global hydrocolloids market during 2024-2032?
- 3. What are the key factors driving the global hydrocolloids market?
- 4. What has been the impact of COVID-19 on the global hydrocolloids market?
- 5. What is the breakup of the global hydrocolloids market based on the source?
- 6. What is the breakup of the global hydrocolloids market based on the function?
- 7. What is the breakup of the global hydrocolloids market based on the application?
- 8. What are the key regions in the global hydrocolloids market?
- 9. Who are the key players/companies in the global hydrocolloids market?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Hydrocolloids Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Source
- 6.1 Animal
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Botanical
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Microbial
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
- 6.4 Seaweed
- 6.4.1 Market Trends
- 6.4.2 Market Forecast
- 6.5 Synthetic
- 6.5.1 Market Trends
- 6.5.2 Market Forecast
7 Market Breakup by Product
- 7.1 Gelatin
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Xanthan Gum
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Carrageenan
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Guar Gum
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
- 7.5 Others
- 7.5.1 Market Trends
- 7.5.2 Market Forecast
8 Market Breakup by Function
- 8.1 Thickening
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Gelling
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Stabilizing
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
- 8.4 Others
- 8.4.1 Market Trends
- 8.4.2 Market Forecast
9 Market Breakup by Application
- 9.1 Food and Beverages
- 9.1.1 Market Trends
- 9.1.2 Market Forecast
- 9.2 Personal Care and Cosmetics
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
- 9.3 Pharmaceuticals
- 9.3.1 Market Trends
- 9.3.2 Market Forecast
10 Market Breakup by Region
- 10.1 North America
- 10.1.1 United States
- 10.1.1.1 Market Trends
- 10.1.1.2 Market Forecast
- 10.1.2 Canada
- 10.1.2.1 Market Trends
- 10.1.2.2 Market Forecast
- 10.2 Asia-Pacific
- 10.2.1 China
- 10.2.1.1 Market Trends
- 10.2.1.2 Market Forecast
- 10.2.2 Japan
- 10.2.2.1 Market Trends
- 10.2.2.2 Market Forecast
- 10.2.3 India
- 10.2.3.1 Market Trends
- 10.2.3.2 Market Forecast
- 10.2.4 South Korea
- 10.2.4.1 Market Trends
- 10.2.4.2 Market Forecast
- 10.2.5 Australia
- 10.2.5.1 Market Trends
- 10.2.5.2 Market Forecast
- 10.2.6 Indonesia
- 10.2.6.1 Market Trends
- 10.2.6.2 Market Forecast
- 10.2.7 Others
- 10.2.7.1 Market Trends
- 10.2.7.2 Market Forecast
- 10.3 Europe
- 10.3.1 Germany
- 10.3.1.1 Market Trends
- 10.3.1.2 Market Forecast
- 10.3.2 France
- 10.3.2.1 Market Trends
- 10.3.2.2 Market Forecast
- 10.3.3 United Kingdom
- 10.3.3.1 Market Trends
- 10.3.3.2 Market Forecast
- 10.3.4 Italy
- 10.3.4.1 Market Trends
- 10.3.4.2 Market Forecast
- 10.3.5 Spain
- 10.3.5.1 Market Trends
- 10.3.5.2 Market Forecast
- 10.3.6 Russia
- 10.3.6.1 Market Trends
- 10.3.6.2 Market Forecast
- 10.3.7 Others
- 10.3.7.1 Market Trends
- 10.3.7.2 Market Forecast
- 10.4 Latin America
- 10.4.1 Brazil
- 10.4.1.1 Market Trends
- 10.4.1.2 Market Forecast
- 10.4.2 Mexico
- 10.4.2.1 Market Trends
- 10.4.2.2 Market Forecast
- 10.4.3 Others
- 10.4.3.1 Market Trends
- 10.4.3.2 Market Forecast
- 10.5 Middle East and Africa
- 10.5.1 Market Trends
- 10.5.2 Market Breakup by Country
- 10.5.3 Market Forecast
11 SWOT Analysis
- 11.1 Overview
- 11.2 Strengths
- 11.3 Weaknesses
- 11.4 Opportunities
- 11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
- 13.1 Overview
- 13.2 Bargaining Power of Buyers
- 13.3 Bargaining Power of Suppliers
- 13.4 Degree of Competition
- 13.5 Threat of New Entrants
- 13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
- 15.1 Market Structure
- 15.2 Key Players
- 15.3 Profiles of Key Players
- 15.3.1 Agarmex Sa De Cv.
- 15.3.1.1 Company Overview
- 15.3.1.2 Product Portfolio
- 15.3.2 Archer-Daniels-Midland Company
- 15.3.2.1 Company Overview
- 15.3.2.2 Product Portfolio
- 15.3.2.3 Financials
- 15.3.2.4 SWOT Analysis
- 15.3.3 Ashland Global Specialty Chemicals Inc.
- 15.3.3.1 Company Overview
- 15.3.3.2 Product Portfolio
- 15.3.3.3 Financials
- 15.3.3.4 SWOT Analysis
- 15.3.4 B. Braun SE
- 15.3.4.1 Company Overview
- 15.3.4.2 Product Portfolio
- 15.3.4.3 SWOT Analysis
- 15.3.5 Cargill Incorporated
- 15.3.5.1 Company Overview
- 15.3.5.2 Product Portfolio
- 15.3.5.3 SWOT Analysis
- 15.3.6 Carob S.A.
- 15.3.6.1 Company Overview
- 15.3.6.2 Product Portfolio
- 15.3.7 CP Kelco U.S. Inc. (J.M. Huber Corporation)
- 15.3.7.1 Company Overview
- 15.3.7.2 Product Portfolio
- 15.3.8 Ingredion Incorporated
- 15.3.8.1 Company Overview
- 15.3.8.2 Product Portfolio
- 15.3.8.3 Financials
- 15.3.8.4 SWOT Analysis
- 15.3.9 Koninklijke DSM N.V.
- 15.3.9.1 Company Overview
- 15.3.9.2 Product Portfolio
- 15.3.9.3 Financials
- 15.3.9.4 SWOT Analysis
- 15.3.10 Nexira
- 15.3.10.1 Company Overview
- 15.3.10.2 Product Portfolio
- 15.3.11 Palsgaard A/S
- 15.3.11.1 Company Overview
- 15.3.11.2 Product Portfolio
- 15.3.12 Rousselot (M) SDN. BHD. (Darling International Inc.)
- 15.3.12.1 Company Overview
- 15.3.12.2 Product Portfolio
- 15.3.13 Tate & Lyle PLC
- 15.3.13.1 Company Overview
- 15.3.13.2 Product Portfolio
- 15.3.13.3 Financials
- 15.3.13.4 SWOT Analysis