Market Research Report
Global Hydrocolloids Market - Raw Materials, Products and Applications
|Published by||Industry Experts||Product code||808186|
|Published||Content info||662 Pages, 363 Charts
Delivery time: 1-2 business days
|Global Hydrocolloids Market - Raw Materials, Products and Applications|
|Published: March 13, 2019||Content info: 662 Pages, 363 Charts||
Growth in the global hydrocolloids demand is mainly anticipated to driven by increasing demand from food & beverages and oil & gas sectors. Food additives are becoming a necessary part of food and beverages industry and natural clean label food additives such as hydrocolloids penetration is on the rise. The hydrocolloids industry is forecast to receive an impetus from this booming demand. Increasing health consciousness and changing eating habits of consumers, especially in developing regions, are also the driving factors for hydrocolloids growth in the food and beverage sector. Increasing oil drilling activities in the United States and Canada, and continued usage of hydrocolloids in Middle Eastern oil producing nations is driving the demand for hydrocolloids such as guar gum, xanthan gum and carboxymethyl cellulose.
Food & Beverages form the largest application for Hydrocolloids on a global basis in terms of value, the market for which is estimated at US$5.4 billion (43.7% share) in 2018 and is projected to reach US$7.1 billion by 2024 to reflect the fastest 2018-2024 CAGR of 4.9%. in terms of volume, the global market for Hydrocolloids is estimated at 2.2 million metric tons in 2018.
The following Hydrocolloids raw material sources are analyzed in this report:
The report analyzes the following keyproduct types of Hydrocolloids:
The studyexplores the following major applications of Hydrocolloids:
The report reviews, analyzes and projects the global market for Hydrocolloids for the period 2015-2024 in terms of volume in Metric Tons and value in US$ and the compound annual growth rates (CAGRs) projected from 2018 through 2024