Food hydrocolloids market is anticipated to grow at a significant CAGR of 6.9% during the forecast period. One of the key factors fueling the market growth includes the rising demand for processed and convenience food products across the globe. Hydrocolloids provide a major opportunity for tailoring nutritional value and offer potential health benefits via control of gastric emptying and ileal brake mechanisms (potentially and satiety obesity), plasma cholesterol levels (cardiovascular disease), glycemic response (diabetes), and carbohydrate fermentation throughout the large intestine (colon cancer). Such benefits have been increasing the demand for food hydrocolloids which is reflected in the active participation of market players. For instance, in December 2020, CP Kelco introduced GENU Pectin YM-FP-2100, a clean-label-friendly element that offers a medium-to-high thickness in the fruited drinking yogurt and with ease of pumpability at the fruit grounding stage.
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. Among the application, the bakery is anticipated to grow significantly in the market owing to its high usability, while, out of the type, the pectin sub-segment is anticipated to grow at a considerable CAGR during the forecast period owing to rising preferences toward plant-derived hydrocolloids.
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Food Hydrocolloids Market Segmentation
By Type
- Gelatin Gum
- Pectin
- Xanthan Gum
- Guar Gum
- Others (Carrageenan)
By Application
- Dairy and Frozen Products
- Bakery
- Beverages
- Confectionery
- Meat and Seafood Products
- Others (Oils and Fats)
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Regional Analysis
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
- Latin America
- Middle East and Africa
Company Profiles
- Ashland Global Holdings Inc.
- Behn Meyer Deutschland Holding AG & Co. KG
- FDL
- HEBEI XINHE BIOCHEMICAL CO. , LTD.
- HISPANAGAR S.A.
- Ingredion Inc.
- F. Hydrocolloids, Inc.
- Kerry Group plc
- Lucid Colloids Ltd.
- Rico Carrageenan
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