This report entails the detailed quantitative analysis of current market and estimations from 2014 to 2022 that assist in identifying the prevailing market opportunities to capitalize on the global gum hydrocolloid market.
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Gum Hydrocolloid Market by Type (Gelatin, Xanthan Gum, Carrageenan, Alginates, Agar, Pectin, Guar, Locust Bean Gum, and CMC), Application (Bakery, Confectionery, Meat & Poultry, Sauces & Dressing, Food and Beverage, Dairy Products, Oil & Gas, and Others), Source (Plant, Microbial, Animal, Seaweed, Synthetic), Function (Thickener, Stabilizer, Gelling Agent, Fat Replacer, and Coating Material)-Global Opportunity Analysis & Industry Forecast, 2014-2022.
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Hydrocolloids, often called as gums, are hydrophilic polymers that are either derived from animal, vegetable, and microbes or synthetically produced. Excellent emulsion stabilization, prevention of ice recrystallization, and organoleptic properties has increased their application in aqueous foodstuff to control their functional properties.
Moreover, viscosity, gelation, and water binding properties increase the scope of the market in poultry, confectionery, dressing, dairy products, and other industries.
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The growing consumption of food and beverage and confectionery and poultry products has supplemented the market growth for gum hydrocolloid in North America and Europe. Asia-Pacific and LAMEA are expected to witness an increase in the consumption of hydrocolloids owing to increase in per capita income and changes in lifestyle coupled with increase in oil and gas applications.
Top market players in the global gum hydrocolloids market include Cargill Inc., Kerry Group LLC, Archer Daniels Midland Company, DuPont, Royal DSM, Danisco, Ingredion Incorporated, Darling Ingredients Inc., Cyber Celloids Ltd, and Sure Care Corporation.
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