Market Research Report
Hydrocolloids - Asia-Pacific Market Overview
|Published by||Industry Experts||Product code||810982|
|Published||Content info||406 Pages, 383 Charts
Delivery time: 1-2 business days
|Hydrocolloids - Asia-Pacific Market Overview|
|Published: March 19, 2019||Content info: 406 Pages, 383 Charts||
Asia-Pacific's hydrocolloids demand is mainly driven by increasing demand from food & beverages, pharmaceuticals and oil & gas sectors. Increasing health consciousness, changing eating habits of consumers and growing working population in developing countries of Asia-Pacific region is anticipated to increase demand for convenience and processed food. Moreover, 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.
China is the largest market for hydrocolloids in Asia-Pacific, estimated at 328 thousand metric tons in 2018, which is also likely to post the fastest 2018-2024 CAGR of 5.6% in reaching a projected 456 thousand metric tons by 2024. The market for hydrocolloids in Asia-Pacific is expected to touch US$4.1 billion in 2019.
The following Hydrocolloid raw material sources are analyzed in this report:
The report analyzes the following key product types of Hydrocolloids:
The study explores the following major applications of Hydrocolloids: