PUBLISHER: Polaris Market Research | PRODUCT CODE: 1719925
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1719925
The global hydrocolloids market size is expected to reach USD 22.66 billion by 2034, according to a new study by Polaris Market Research. The report "Hydrocolloids Market Size, Share, Trends, Industry Analysis Report: By Type, Source, Application (Food and Beverages, Pharmaceuticals, Personal Care and Cosmetics, and Industrial), and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Market Forecast, 2025-2034" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The rising popularity of plant-based and vegan diets is contributing to the hydrocolloids market expansion. Hydrocolloids, such as carrageenan and xanthan gum, play a key role in plant-based food formulations by providing desirable textures and maintaining stability in dairy and meat alternatives. As consumers move towards ethical and health-driven food choices, manufacturers are leveraging hydrocolloids to improve product appeal, which enhances the overall market growth.
Beyond food and beverages, hydrocolloids are gaining traction in pharmaceuticals and personal care industries. In pharmaceuticals, they are used in drug delivery systems and wound care products due to their gel-forming and stabilizing properties. In personal care, hydrocolloids enhance the texture and consistency of skincare and cosmetic products. This diversification into non-food applications broadens the hydrocolloids market opportunities, driving steady growth across industries.
Consumers are increasingly seeking clean-label products that are free from synthetic additives and use natural ingredients. Hydrocolloids derived from natural sources like seaweed, plants, and microbial fermentation align with this trend, driving their adoption. Ingredients such as pectin and guar gum are preferred in food and beverage formulations to meet consumer demands for transparency and sustainability. This growing emphasis on health-conscious and environmentally friendly options has significantly boosted the hydrocolloids market revenue.
Based on application, the food & beverage segment dominated the hydrocolloids market in 2024 driven by rising consumer preference for clean-label and healthier options.
By type, the gelatin segment is expected to witness the fastest growth during the forecast period, driven by gelatin's extensive use in food products such as confectionery, dairy, and desserts.
North America dominated the hydrocolloids market in 2024 due to robust demand from the food and beverage and pharmaceutical sectors.
Asia Pacific is expected to record a significant share during the forecast period. This growth is attributed to a rising population, increasing disposable income, and expanding food processing industries.
A few of the global key market players are Cargill, Incorporated; DuPont (IFF); CP Kelco; Ingredion Incorporated; Koninklijke DSM N.V.; Kerry Group; Ashland Global Holdings Inc.; Archer Daniels Midland Company; Tate & Lyle PLC; Jungbunzlauer Suisse AG; Fuerst Day Lawson; Nexira; FMC Corporation; AEP Colloids; and Givaudan.
Polaris market research has segmented the hydrocolloids market report on the basis of type, source, application, and region: