Rising Demand for Clean Label Products: Impact on the Food Hydrocolloids Market by 2032

The Food Hydrocolloids Market is witnessing remarkable growth as consumer preferences shift towards healthier and functional foods. Hydrocolloids are natural polymers that enhance food texture, stability, and overall quality. They are widely used in various food products like dairy, bakery, confectionery, and beverages. Rising demand for plant-based and clean-label products is a key driver, leading manufacturers to explore innovative applications of hydrocolloids.

The global food hydrocolloids market is set to witness growth at a CAGR of 5.2% and is anticipated to reach a valuation of around US$ 14.5 Bn by 2032. 

Food hydrocolloids are extensively used in the food processing sector owing to their functional qualities and utilization as thickeners, gelling agents, and stabilizing agents. Moreover, the use of hydrocolloids has increased significantly in response to rising demand for ready-to-eat food products. This is expected to bode well for the growth in the food hydrocolloids market. 

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Further, increasing preference for convenience and ready-to-eat food products will propel the demand in the market. Furthermore, technological advancements and advanced packaging solutions have led to extensive food choices such as chilled, frozen and packaged meals. 

Key Takeaways from Market Study 

  • The global food hydrocolloids market is anticipated to reach a valuation of around US$ 8.7 Bn by 2022
  • Based on application, the bakery and confectionery segment is anticipated to account for a significant market share over the forecast period.
  • East Asia food hydrocolloids market is expected to witness a lucrative growth rate of 5.0% during the forecast period.
  • Animal source of food hydrocolloids to remain a prominent source in the coming years
  • Europe is expected to emerge as a significant market for food hydrocolloids market in the forecast period

“Food hydrocolloids is extensively being used as a replacement for functional food ingredients and in confectionary food products as emulsifier. This is expected to boost sales notably over the forecast period,” says a Future Market Insights analyst. 

Competitive Landscape 

Prominent food hydrocolloid players are broadening their footprint by launching new products and forging strategic partnerships by investing heavily in market expansion and increasing production capabilities.  

Cargill, Incorporated announced the launch of its new, state-of-the-art pectin production facility in Bebedouro, Brazil, in September 2021. The plant, which cost US$ 150 million to build, boosts the company’s ability to fulfill expanding global demand for the texturizing ingredient. It will manufacture Cargill, Incorporated’s HM pectins in their entirety, considerably increasing the company’s pectin production and expanding supply in Latin America and Europe 

W Hydrocolloids, a global supplier of carrageenan, launched two new products in July 2021 by the name Ricogel 88150 and Ricogel 84668 for application in yogurts, marmalade and plant-based burgers respectively 

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Explore More Valuable Insights 

Future Market Insights, in its new report, offers an impartial analysis of the global food hydrocolloids market, presenting historical data (2017-2021) and estimation statistics for the forecast period of 2022-2032. 

Food Hydrocolloids Market by Category 

By Type: 

  • Gelatin 
  • Carrageenan 
  • Xanthan Gum 
  • Alginates 
  • Agar 
  • Pectin 
  • Gum Arabic 
  • Locust Bean Gum 
  • Other Types 

By Application: 

  • Bakery and Confectionery 
  • Meat and Poultry Products 
  • Beverages 
  • Dairy Products 
  • Sauces and Dressing 
  • Other Applications 

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About the Author

Nikhil Kaitwade

Associate Vice President at Future Market Insights, Inc. has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

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