Market Research Report
The Americas Hydrocolloids Market - North America & South America
|Published by||Industry Experts||Product code||814607|
|Published||Content info||352 Pages, 309 Charts
Delivery time: 1-2 business days
|The Americas Hydrocolloids Market - North America & South America|
|Published: March 26, 2019||Content info: 352 Pages, 309 Charts||
Growth in the North American hydrocolloids market is anticipated to driven mainly by increasing demand from oil & gas sector, as well as food & beverages. Increasing oil drilling activities in the United States and Canada are forecast to drive the demand for hydrocolloids in North American region. On the other hand, South American market is mainly driven by increasing usage of hydrocolloids in the food & beverages 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.
The United States dominates the region's market for Hydrocolloids, estimated at US$2.3 billion in 2018, which is projected to reach US$3 billion by 2024 to reflect a 2018-2024 CAGR of 4.1%. North American market for Hydrocolloids is expected to reach 596 thousand MTs in 2019.
The following Hydrocolloid raw material sources are analyzed in this report:
The report analyzes the following key product types of Hydrocolloids:
The study explores the following major applications of Hydrocolloids:
The report reviews, analyzes and projects the Americas market for Hydrocolloids for the period 2015-2024 in terms of volume in Metric Tons and value in US$ and the compound annual growth rates (CAGRs) projected from 2018 through 2024.