Lucintel Forecasts Food Hydrocolloid Market to Grow at a CAGR of 5% to 7% from 2021 to 2026

According to the recent study the food hydrocolloid market is projected to grow at a CAGR of 5% to 7% from 2021 to 2026. Growth in this market is primarily driven by increasing demand for convenience and processed food, growth in healthy food products, and rising adoption of natural ingredients in the food and beverage industries.

Browse XX figures / charts and XX tables in this 150 -page report to understand trends, opportunities and forecast in food hydrocolloid market by type (gelatin gum, pectin, xanthan gum, guar gum, carrageenan, and others), application (dairy and frozen products, bakery and confectionery, beverages, meat and seafood products, oils and fats, and others), function (thickeners, stabilizers, coating materials, fat replacers, gelling agents), source (plants, microbials, seaweeds, animals, and synthetic), and region (North America, Europe, Asia Pacific, and the Rest of the World).

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“Gelatin gum market is expected to remain the largest segment during the forecast period.”

Based on type, the food hydrocolloid market is segmented into gelatin gum, pectin, xanthan gum, guar gum, carrageenan, and others. Lucintel forecasts that the gelatin gum market is expected to remain the largest segment due to its high content of protein and amino acid.

“Within the food hydrocolloid market, the plants segment is expected to remain the largest source.”

Based on source the plants segment is expected to witness the highest growth over the forecast period.

“North America will dominate the food hydrocolloid market in near future.”

North America will remain the largest region in the forecast period due to high demand for hydrocolloids in oil and fat reduction.

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Major players of food hydrocolloid market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. De Pont De Nemours & Company, Cargill Incorporated, Darling Ingredients, Kerry Group plc, CP Kelco, Fuerst Day Lawson, Ashland Inc., Koninklijke DSM N.V., Archer Daniels Midland Company, and Lubrizol Corporation are among the major food hydrocolloid providers.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/food-hydrocolloid-market.aspx or helpdesk@lucintel.com.

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Contact:
Brandon Fitzgerald
Lucintel
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Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
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