Abstract
Summary
Global Food Hydrocolloids Market Size, Share & Trends Analysis Report by Type (Gelatin Gum, Pectin, Xanthan Gum, Guar Gum, and Others), and by Application (Dairy and Frozen Products, Bakery, Beverages, Confectionery, Meat, and Seafood Products, and Others) Forecast Period (2022-2028)
The global food hydrocolloids market is anticipated to grow at a substantial CAGR of 6.9% during the forecast period. In meat & poultry products, hydrocolloids progress the cooking texture, yield, and slice characteristics. Carrageenan has been used in products of meat & poultry for retaining their natural textural properties and moisture while improving the thickness of products. In contrast, agar supports reducing fat content in meat products. Gelatin is broadly used in meat products for improving its look and gel the juices in processed hams, whereas xanthan gum is used as a stabilizer and thickener in meat products. The use of alginate in meat products for improving quality and texture.
The global food hydrocolloids market is segmented based on the type and application. Based on the type, the market is segmented into gelatin gum, pectin, xanthan gum, guar gum, and others. The other sub-segment includes carrageenan. Based on the application, the market is sub-segmented into dairy and frozen products, bakery, beverages, confectionery, meat and seafood products, and others. The other sub-segment includes oil and fats. The above-mentioned segments can be customized as per the requirements. Based on type, the pectin segment is anticipated to grow at a prominent rate in the market during the forecast period. With people becoming more mindful about both environment and the health, they are steadily inclining toward plant-derived hydrocolloids. High growth in the global obese and overweight population has been a prominent factor, which is significantly contributing to the hydrocolloids market growth in the upcoming years. The market is observing a rising demand for food products with reduced content of sugar, fat, and salt, which has caused food manufacturers for shifting their focus to food additives. For instance, in September 2021, Cargill, Inc. informed the opening of its new, cutting-edge pectin production facility, situated in Bebedouro, Brazil.
Geographically, the global food hydrocolloids market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World. Among all the regions, North America is anticipated to hold a prominent share in the market during the forecast period. The US is one of the prime markets for food hydrocolloids. The precise demand for the substance for fat and oil reduction exists in the country, given the eating practices and food habits of consumers coupled with market players, such as Cargill (US), Ingredion Inc. (US), Darling Ingredients Inc (US) and others are contributing to the growth of the market in the region.
The major companies serving the global food hydrocolloids market include Archer Daniels Midland Co., Cargill, Inc., International Flavors & Fragrances Inc., J.M. HUBER Group (CP Kelco US Inc.), Koninklijke DSM N.V., and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in February 2021, Tate & Lyle PLC launched the Tate & Lyle Nutrition Centre, a new digital hub offering easy access to authoritative science on components that can support public health challenges.
Research Methodology
The market study of the global food hydrocolloids market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to break down the market into various segments, and derive the total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macroeconomic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.
Secondary Sources Include
• Financial reports of companies involved in the market.
• Whitepapers, research papers, and news blogs.
• Company websites and their product catalog.
The report provides an in-depth analysis of the market size and intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.
Market Segmentation
1. Global Food Hydrocolloids Market Research and Analysis by Type.
2. Global Food Hydrocolloids Market Research and Analysis by Application.
The Report Covers
• Comprehensive research methodology of the global food hydrocolloids market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the global food hydrocolloids market.
• Insights about market determinants that are stimulating the global food hydrocolloids market.
• Detailed and extensive market segments with the regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.
Table of Contents
1 Report Summary
1.1 Research Methods and Tools
1.2 Market Breakdown
1.2.1 By Segments
1.2.2 By Region
2 Market Overview and Insights
2.1 Scope of the Report
2.2 Analyst Insight & Current Market Trends
2.2.1 Key Findings
2.2.2 Recommendations
2.2.3 Conclusion
3 Competitive Landscape
3.1 Key Company Analysis
3.1.1 Archer Daniels Midland Co
- 3.1.1.1 Overview
- 3.1.1.2 Financial Analysis
- 3.1.1.3 SWOT Analysis
- 3.1.1.4 Recent Developments
3.1.2 Cargill, Inc
- 3.1.2.1 Overview
- 3.1.2.2 Financial Analysis
- 3.1.2.3 SWOT Analysis
- 3.1.2.4 Recent Developments
3.1.3 International Flavors & Fragrances Inc
- 3.1.3.1 Overview
- 3.1.3.2 Financial Analysis
- 3.1.3.3 SWOT Analysis
- 3.1.3.4 Recent Developments
3.1.4 J.M. HUBER Group (CP Kelco US Inc.)
- 3.1.4.1 Overview
- 3.1.4.2 Financial Analysis
- 3.1.4.3 SWOT Analysis
- 3.1.4.4 Recent Developments
3.1.5 Koninklijke DSM N.V
- 3.1.5.1 Overview
- 3.1.5.2 Financial Analysis
- 3.1.5.3 SWOT Analysis
- 3.1.5.4 Recent Developments
3.2 Key Strategy Analysis
4 Market Segmentation
4.1 Global Food Hydrocolloids Market by Type
4.1.1 Gelatin Gum
4.1.2 Pectin
4.1.3 Xanthan Gum
4.1.4 Guar Gum
4.1.5 Others (Carrageenan)
4.2 Global Food Hydrocolloids Market by Application
4.2.1 Dairy and Frozen Products
4.2.2 Bakery
4.2.3 Beverages
4.2.4 Confectionery
4.2.5 Meat and Seafood Products
4.2.6 Others (Oils and Fats)
5 Regional Analysis
5.1 North America
5.1.1 US
5.1.2 Canada
5.2 Europe
5.2.1 UK
5.2.2 Germany
5.2.3 Italy
5.2.4 Spain
5.2.5 France
5.2.6 Rest of Europe
5.3 Asia-Pacific
5.3.1 China
5.3.2 India
5.3.3 Japan
5.3.4 South Korea
5.3.5 Rest of Asia-Pacific
5.4 Rest of the World
6 Company Profiles
6.1 Ashland Global Holdings Inc
6.2 Behn Meyer Deutschland Holding AG & Co. KG
6.3 FDL
6.4 HEBEI XINHE BIOCHEMICAL CO. , LTD
6.5 HISPANAGAR S.A
6.6 Ingredion Inc
6.7 J.F. Hydrocolloids, Inc
6.8 Kerry Group plc
6.9 Lucid Colloids Ltd
6.10 Rico Carrageenan