Hydrocolloids in Food and Beverage Industry: A Market Analysis
The global hydrocolloids market
size was valued at USD 11.2 billion in 2023 and is poised to reach USD 14.5
billion by 2028, growing at a CAGR of 5.4% from 2023–2028. One of the most
often utilized additives in the food sector is hydrocolloid. In addition to
serving as gelling agent, thickener, emulsifier, fat substitute, and
stabilizer, it is also used as flocculating agent, clarifying agent, whipping
agent, and clouding agent. Moreover, hydrocolloids are used to create edible
films, encapsulate flavors, and inhibit crystallization. Also, it is now known
that hydrocolloids have a wide range of functions in the field of health,
including the provision of dietary fiber with less calories.
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North America is estimated to be the fastest region
during the forecast period
The North American hydrocolloids market is also driven by
its application in premium food products. The leading manufacturers of
hydrocolloids in North America include Ashland Inc. (US), CP Kelco (US),
Cargill, Incorporated (US), Ingredion Incorporated (US), and Darling
Ingredients Inc. (US). The North American market is completely driven by the
US. The US has a large market for bakery, confectionery, convenience food, and
packaged food products; hence, it constitutes a major share in the market.
Consumers in the US are calorie-conscious due to which low-calorie and low-fat
food products are popular in the country. The increasing prevalence of obesity
and cardiac diseases has led consumers to demand natural and low-calorie food
products. Food manufacturers are therefore concentrating on the application of
natural hydrocolloids and their function as fat replacers.
Key players in this market include International Flavors
& Fragrances Inc. (US), Ingredion (US), Cargill, Incorporated (US), Kerry
Group plc (Ireland), Associated Archer Daniels Midland Company (US), Palsgaard
A/S (Denmark), Darling Ingredients Inc. (US), DSM (Netherlands), Ashland (US),
Tate & Lyle (UK), CP Kelco U.S., Inc. (US), Nexira (France), Deosen
Biochemical (Ordos) Ltd. (China), Fufeng Group (China), and BASF SE (Germany).
Stabilizers, by function, is estimated to be the
fastest-growing function of hydrocolloids during the forecast period
Stabilizers add viscosity to enhance overall flavor and give
body to beverages while also preventing sedimentation and keeping ingredients
suspended within the finished product. Stabilizers are additives used to help
maintain emulsions or prevent degeneration in beverages. The most common
stabilizers are hydrocolloids (such as xanthan, gum Arabic, and gum acacia),
modified starches, pectin, carrageenan, casein, and inulin. The purpose of
stabilizers is to add viscosity to enhance flavor and give body to a beverage.
They also maintain emulsification, which prevents sedimentation by keeping
additional ingredients suspended in the product.
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The Cosmetics & personal care products segment is
projected to be the second-largest market in the forecasted period
Recently, hydrocolloids have found a fit in the personal
care industry, often replacing synthetic chemicals with similar properties.
Driven by consumers’ thirst for “all-natural” products, many manufacturers are
trying to leverage the long history of hydrocolloids in the food industry for
personal care applications. Therefore, with wide consumer interest in natural
cosmetics, the number and demand for natural texturizers have grown strongly in
recent years.
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