28 January 2019: Hydrocolloids
Market is expected to experience a lucrative growth over the
forecast period on account of rising health awareness worldwide. Processed
foods and high convenience demand are expected to influence positively the
global hydrocolloids market over the upcoming years owing to its ability to
lessen fat content by dispersing water and acting as fat replacers in food products
are expected to boost the global hydrocolloids market. The hydrocolloid market
has been segmented into different classes based on their sources such as
natural sources or synthetic sources. Natural sources include plants, animals,
microbes and seaweed. Hydroxy ethyl methyl cellulose (HEMC), methylcellulose
(MC), hydroxypropyl methylcellulose (HPMC) and carboxymethyl cellulose (CMC)
are the synthetic sources. The preferred hydrocolloids types include gelatin,
agar, xanthan gum, pectin, carrageenan, locust bean gum, gum Arabic, alginates,
and guar gum.
A substantial rise in consumer demand for low-fat and
low-calorie food products is touted to aid the global industry over the
forecast period. Increasing awareness regarding health and other ailments is
expected to aid the overall global industry for natural hydrocolloids over the
next seven years.
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Hydrocolloid has a wide industry base including various
applications and end-uses spread across multiple industries. The processed
foods sector has witnessed a high growth rate in the past few years and is
anticipated to rise furthermore over the next seven years on account of easy to
use quality. This trend is expected to assist in the product growth in the near
future. Pharmaceutical applications have witnessed a high growth rate in the
last five years and are expected to continue this trend in the future, thereby
aiding the global market. Gelling agent based companies which use hydrocolloids
as their major raw material are expected to grow over the next seven years.
Poultry market which has seen a sharp growth in the past few years is expected
to fuel the growth of the sector. End-use industries such as dairy industry,
sauces & dressing industry, and confectionary industry are expected to have
positive growth over the next seven years. Beverages industry which is on the
continuous rise is touted to grow approximately over 8% over the forecast
period. This will further help in global hydrocolloid market development.
Coating materials industry which uses hydrocolloids as their key raw material
has witnessed rapid growth in the near past and is expected to further
compliment the market over the next seven years. The other hydrocolloid
applications include a bakery, confectionery, frozen foods, thickener, meat,
fat replacer, stabilizer, baby food and prepare foods.
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Hydrocolloids Market
by Geographical Regions:-
•
North America
•
Europe
•
China
•
Japan
•
Southeast Asia
•
India
Hydrocolloids Market
by Applications:-
•
Food & Beverage
•
Pharmaceutical
•
Other
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