Hydrocolloids Market by Type (Gelatin, Pectin, Carrageenan, Xanthan gum, Agar, Gum Arabic, Alginates, Guar gum, MCC), Source (Botanical, Microbial, Animal, Seaweed, Synthetic), Function, Application and Region - Global Forecast to 2028

Abstract
The global hydrocolloids market is estimated to be valued at USD 11.2 Billion in 2023 and is projected to reach USD 14.5 billion by 2028, at a CAGR of 5.4% during the forecast period. Hydrocolloids are widely used in many food formulations to improve quality attributes and shelf-life. Hydrocolloids expressed in food are affected by several factors, such as orientation and molecular association, water-binding and swelling, concentration, particle size, degree of dispersion, interaction with other gums, and help in improving the properties of the filling. The two main uses of hydrocolloids are as a thickening and gelling agents. They are also used for moisture retention in cakes, pies, donuts, and frozen food. Companies such as International Flavors & Fragrances Inc. (US), Ingredion (US), Cargill, Incorporated (US), Associated Archer Daniels Midland Company (US), Darling Ingredients Inc. (US), Ashland (US), and CP Kelco U.S., Inc. (US) produce and supply different types of hydrocolloids for the food and beverage industry.

“The gelatin segment amongst the various types of hydrocolloids dominated the market in the year 2022.”

Although gelatin is widely used in the food industry, its addition to food creates problems for certain people. Some people object to the use of gelatin for religious or ethical reasons because it is produced from animal tissues or because it is made from the tissues of specific animals. Some plant materials form gels in water and can be substituted for gelatin, but they have slightly different properties from animal products. Nevertheless, they are a good option for people who do not want to use a substance obtained from animals. Two of these gelatin substitutes are agar (also called agar-agar) and carrageenan. Gelatin is also used in the pharmaceutical industry; it is used as an excipient in the production of hard capsules and soft gels.

“The animal segment of hydrocolloids market accounted for the largest share in the year 2022”

Hydrocolloids of animal origin are produced using skins and bones of different sources, such as beef, pork, and fish. Gelatin is one of the major hydrocolloids derived from animal sources having applications in the confectionery industry. The animal-derived hydrocolloids generally form water in oil emulsions. They are quite likely to cause allergies and are susceptible to microbial growth and rancidity. Gelatin is a protein substance derived from collagen, a natural protein present in the tendons, ligaments, and tissues of mammals. It is produced by boiling the connective tissues, bones, and skins of animals, usually cows and pigs. Gelatin's ability to form strong, transparent gels and flexible films that are easily digested, soluble in hot water, and capable of forming a positive binding action, have made it a valuable commodity in food processing, pharmaceuticals, photography, and paper production.

“The thickener segment by function of hydrocolloids market accounted for the largest share in the year 2022.”

Hydrocolloids are widely used as thickeners in various food products, such as soups, salad dressings, gravies, sauces, and toppings. The main reason for using hydrocolloids as thickeners is that they easily disperse when in contact with water to provide a thickening effect to the emulsion. Major hydrocolloids used as thickeners include xanthan gum, guar gum, LBG, gum Arabic, and CMC. The thickening effect produced by these hydrocolloids depends on the type of hydrocolloid used, its concentration, as well as the food system in which it is used. It also depends on the pH of the food system and temperature. Ketchup is one of the most common food items where hydrocolloids find their application.

“The food & beverage segment by application of hydrocolloids market accounted for the largest share in the year 2022.”

Hydrocolloids are functional carbohydrates used in many types of food to enhance their shelf life and quality. They are used to modify the viscosity and texture of food products, such as ice cream, salad dressings, gravies, processed meats, and beverages. They are chiefly used to modify the rheology of the food system, specifically viscosity and texture. Some are used alone, while others are used in synergistic combinations. They are used as thickening agents. However, some of these additives can be used in forming gels. Much of this is related to the way each ingredient reacts to water, including its solubility and how it performs when exposed to varying temperatures. As water is immobilized, the gel can take on unique characteristics depending on the types of hydrocolloids used.

“North American market for hydrocolloids is projected to grow at the highest CAGR during the forecast period. “

Consumers in the North American market are on the lookout for minimally processed convenience foods with good texture and long storage lives. This has heightened the need for appropriate food safety measures. It has also leveraged food additives to improve quality, texture, and extend shelf life, which are becoming increasingly important and critical. The burgeoning demand for such convenience food products is expected to have a high impact on the hydrocolloid market in North America. With the challenge posed by the growing concern among consumers with respect to chemical methods and additives to enhance food quality and shelf life, manufacturers are exploring newer technologies and hydrocolloids, which would be efficient alternates to synthetic products. The popular perception that natural additives are a healthier option is driving the trend in the hydrocolloids market in North America.

In the process of determining and verifying the market size for several segments and sub-segments gathered through secondary research, extensive primary interviews have been conducted with the key experts.

Break-up of Primaries:
•By Company type: Tier 1 – 23%, Tier 2 – 30%, and Tier 3 – 47%
•By Designation: C level – 24%, director level – 36%, Executives – 40%
•By Geography: North America– 20%, Europe – 30%, Asia Pacific – 45%, and RoW – 5%

Leading players profiled in this report:
•Flavors & Fragrances Inc. (US), Ingredion (US)
•Cargill, Incorporated (US)
•Associated Archer Daniels Midland Company (US)
•Darling Ingredients Inc. (US), Ashland (US)
•CP Kelco U.S., Inc. (US)
•Kerry Group plc (Ireland)
•Palsgaard A/S (Denmark)
•DSM (Netherlands)
•Tate & Lyle (UK), Nexira (France)
•Deosen Biochemical (Ordos) Ltd. (China)
•Fufeng Group (China)
•BASF SE (Germany).

Research Coverage:
The report segments the hydrocolloids market on the basis of type, source, application, function, and region. In terms of insights, this report has focused on various levels of analyses—the competitive landscape, end-use analysis, and company profiles, which together comprise and discuss views on the emerging & high-growth segments, high-growth regions, countries, government initiatives, drivers, restraints, opportunities, and challenges of the global hydrocolloids market.

Reasons to buy this report:
•To get a comprehensive overview of the hydrocolloids market
•To gain wide-ranging information about the top players in this industry, their product portfolios, and key strategies adopted by them
•To gain insights about the major countries/regions in which the hydrocolloids market is flourishing

Content
Table of Contents

1INTRODUCTION33
1.1STUDY OBJECTIVES33
1.2MARKET DEFINITION33
1.3STUDY SCOPE34
FIGURE 1MARKET SEGMENTATION34
1.3.1INCLUSIONS AND EXCLUSIONS34
1.4REGIONS COVERED35
1.5YEARS CONSIDERED36
1.6UNITS CONSIDERED36
1.6.1CURRENCY (VALUE UNIT)36
TABLE 1USD EXCHANGE RATES CONSIDERED, 2018–202137
1.6.2VOLUME UNIT37
1.7STAKEHOLDERS37
1.8SUMMARY OF CHANGES38
2RESEARCH METHODOLOGY39
2.1RESEARCH DATA39
FIGURE 2HYDROCOLLOIDS MARKET: RESEARCH DESIGN39
2.1.1SECONDARY DATA40
2.1.1.1Key data from secondary sources40
2.1.2PRIMARY DATA41
2.1.2.1Key industry insights41
2.1.2.2Breakdown of primary interviews42
FIGURE 3BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, AND REGION42
2.2MARKET SIZE ESTIMATION42
FIGURE 4HYDROCOLLOIDS MARKET SIZE ESTIMATION: SUPPLY SIDE (1/2)43
FIGURE 5HYDROCOLLOIDS MARKET SIZE ESTIMATION: SUPPLY SIDE (2/2)44
FIGURE 6HYDROCOLLOIDS MARKET SIZE ESTIMATION: DEMAND SIDE44
2.2.1MARKET SIZE ESTIMATION: BOTTOM-UP APPROACH45
FIGURE 7HYDROCOLLOIDS MARKET SIZE ESTIMATION: BOTTOM-UP APPROACH45
2.2.2MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH46
FIGURE 8HYDROCOLLOIDS MARKET SIZE ESTIMATION: TOP-DOWN APPROACH46
2.3DATA TRIANGULATION47
FIGURE 9DATA TRIANGULATION METHODOLOGY47
2.4RECESSION IMPACT ANALYSIS48
2.5ASSUMPTIONS48
2.6RESEARCH LIMITATIONS & ASSOCIATED RISKS49
3EXECUTIVE SUMMARY50
TABLE 2HYDROCOLLOIDS MARKET SNAPSHOT, 2023 VS. 202850
FIGURE 10HYDROCOLLOIDS MARKET, BY APPLICATION, 2023 VS. 2028 (USD MILLION)51
FIGURE 11HYDROCOLLOIDS MARKET, BY TYPE, 2023 VS. 2028 (USD MILLION)52
FIGURE 12HYDROCOLLOIDS MARKET, BY SOURCE, 2023 VS. 2028 (USD MILLION)53
FIGURE 13HYDROCOLLOIDS MARKET SIZE, BY FUNCTION, 2023 VS. 2028 (USD MILLION)53
FIGURE 14HYDROCOLLOIDS MARKET SHARE (VALUE), BY REGION, 202254
4PREMIUM INSIGHTS55
4.1ATTRACTIVE OPPORTUNITIES FOR HYDROCOLLOIDS MARKET PLAYERS55
FIGURE 15NORTH AMERICA TO ACCOUNT FOR HIGHEST GROWTH RATE DURING FORECAST PERIOD55
4.2EUROPE: HYDROCOLLOIDS MARKET, BY KEY FUNCTION AND COUNTRY56
FIGURE 16FRANCE AND THICKENERS SEGMENTS ACCOUNTED FOR LARGEST RESPECTIVE SHARES IN 202256
4.3HYDROCOLLOIDS MARKET, BY TYPE, 2023 VS. 202857
FIGURE 17GELATIN TO DOMINATE MARKET DURING FORECAST PERIOD57
4.4HYDROCOLLOIDS MARKET, BY SOURCE, 2023 VS. 202858
FIGURE 18ANIMAL SOURCE TO DOMINATE MARKET DURING FORECAST PERIOD58
4.5HYDROCOLLOIDS MARKET, BY FUNCTION, 2023 VS. 202858
FIGURE 19STABILIZERS TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD58
4.6HYDROCOLLOIDS MARKET, BY APPLICATION, 2023 VS. 202859
FIGURE 20FOOD & BEVERAGES TO DOMINATE MARKET DURING FORECAST PERIOD59
4.7HYDROCOLLOIDS MARKET, BY APPLICATION AND REGION, 2023 VS. 202860
FIGURE 21NORTH AMERICA AND FOOD & BEVERAGES TO DOMINATE DURING FORECAST PERIOD60
5MARKET OVERVIEW61
5.1INTRODUCTION61
5.2MARKET DYNAMICS62
FIGURE 22MARKET DYNAMICS: HYDROCOLLOIDS MARKET62
5.2.1DRIVERS62
5.2.1.1Multifunctionality of hydrocolloids to lead to wide range of applications62
TABLE 3APPLICATIONS AND FUNCTIONALITIES OF VARIOUS HYDROCOLLOIDS63
5.2.1.2Rise in demand for clean-label products due to rise in health and wellness trend64
5.2.1.3Expansion of ready meal and convenience food industry to catalyze demand65
5.2.2RESTRAINTS66
5.2.2.1Stringent regulations and international quality standards66
5.2.2.2Inadequate supply of raw materials and price fluctuation66
5.2.3OPPORTUNITIES67
5.2.3.1Emerging markets in Asia pacific and Africa67
5.2.3.2Hydrocolloids to replace and reduce other ingredients in food products67
5.2.3.3Increase in investments in R&D68
5.2.4CHALLENGES68
5.2.4.1Intense competition and product rivalry due to similar products68
5.2.4.2Unclear labeling to lead to ambiguity and uncertainty69
6INDUSTRY TRENDS70
6.1INTRODUCTION70
6.2TECHNOLOGY ANALYSIS70
6.2.1PROTEIN HYDROLYSIS70
6.2.2ALCOHOL PRECIPITATION70
6.2.3CROSSLINKING OF POLYSACCHARIDES71
6.2.4CO-GELATION71
6.3VALUE CHAIN ANALYSIS71
FIGURE 23HYDROCOLLOIDS MARKET: VALUE CHAIN72
6.4SUPPLY CHAIN72
FIGURE 24PRODUCT DEVELOPMENT AND DISTRIBUTION TO ADD VALUE TO SUPPLY CHAIN FOR HYDROCOLLOIDS73
6.5ECOSYSTEM74
6.5.1UPSTREAM74
6.5.2DOWNSTREAM74
FIGURE 25HYDROCOLLOIDS MARKET: ECOSYSTEM MAP74
6.6TRENDS/DISRUPTIONS IMPACTING CUSTOMER’S BUSINESS74
FIGURE 26TRENDS/DISRUPTIONS IMPACTING CUSTOMER’S BUSINESS75
6.7PORTER’S FIVE FORCES ANALYSIS75
TABLE 4HYDROCOLLOIDS MARKET: PORTER’S FIVE FORCES ANALYSIS75
6.7.1INTENSITY OF COMPETITIVE RIVALRY76
6.7.2BARGAINING POWER OF SUPPLIERS76
6.7.3BARGAINING POWER OF BUYERS76
6.7.4THREAT OF SUBSTITUTES76
6.7.5THREAT OF NEW ENTRANTS77
6.8PRICE TREND ANALYSIS77
6.8.1AVERAGE SELLING PRICES, BY KEY TYPE77
FIGURE 27GLOBAL AVERAGE SELLING PRICES, BY KEY TYPE77
TABLE 5GELATIN: AVERAGE SELLING PRICE (ASP), BY REGION, 2020–2022 (USD/TON)78
TABLE 6PECTIN: AVERAGE SELLING PRICE (ASP), BY REGION, 2020–2022 (USD/TON)78
TABLE 7CMC: AVERAGE SELLING PRICE (ASP), BY REGION, 2020–2022 (USD/TON)78
6.9PATENT ANALYSIS78
FIGURE 28PATENTS GRANTED FOR HYDROCOLLOIDS MARKET, 2013–202279
FIGURE 29REGIONAL ANALYSIS OF PATENTS GRANTED FOR HYDROCOLLOIDS MARKET, 2013–202279
TABLE 8KEY PATENTS PERTAINING TO HYDROCOLLOIDS, 2013–202280
6.10KEY CONFERENCES AND EVENTS81
TABLE 9KEY CONFERENCES AND EVENTS IN HYDROCOLLOIDS MARKET, 202381
6.11CASE STUDIES82
6.11.1CASE STUDY 182
TABLE 10FOOD HYDROCOLLOID BATCH-TO-BATCH VARIATION (USA)82
6.11.2CASE STUDY 282
TABLE 11ASSESSMENT OF NOVEL FAT REPLACER82
6.12TARIFF AND REGULATORY LANDSCAPE82
TABLE 12NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS83
TABLE 13EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS83
TABLE 14ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS84
TABLE 15SOUTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS84
6.13TRADE ANALYSIS85
TABLE 16TOP 10 IMPORTERS AND EXPORTERS, 202185
TABLE 17TOP 10 IMPORTERS AND EXPORTERS, 202085
TABLE 18TOP 10 IMPORTERS AND EXPORTERS, 201986
TABLE 19TOP 10 IMPORTERS AND EXPORTERS, 201886
7HYDROCOLLOIDS MARKET: REGULATIONS87
7.1INTRODUCTION87
7.2CODEX ALIMENTARIUS87
7.3EUROPEAN COMMISSION88
TABLE 20LIST OF HYDROCOLLOIDS USED IN FOOD INDUSTRY89
8HYDROCOLLOIDS MARKET, BY TYPE90
8.1INTRODUCTION91
FIGURE 30GELATIN TO LEAD HYDROCOLLOIDS MARKET DURING FORECAST PERIOD (USD MILLION)91
TABLE 21HYDROCOLLOIDS MARKET, BY TYPE, 2018–2022 (USD MILLION)92
TABLE 22HYDROCOLLOIDS MARKET, BY TYPE, 2023–2028 (USD MILLION)92
TABLE 23HYDROCOLLOIDS MARKET, BY TYPE, 2018–2022 (KT)93
TABLE 24HYDROCOLLOIDS MARKET, BY TYPE, 2023–2028 (KT)93
8.2GELATIN94
8.2.1WIDE USE OF GELATIN IN FOOD APPLICATION94
TABLE 25GELATIN: HYDROCOLLOIDS MARKET, BY REGION, 2018–2022 (USD MILLION)94
TABLE 26GELATIN: HYDROCOLLOIDS MARKET, BY REGION, 2023–2028 (USD MILLION)95
TABLE 27GELATIN: HYDROCOLLOIDS MARKET, BY REGION, 2018–2022 (KT)95
TABLE 28GELATIN: HYDROCOLLOIDS MARKET, BY REGION, 2023–2028 (KT)95
8.3XANTHAN GUM96
8.3.1XANTHAN GUM’S WIDE USAGE AS THICKENER IN DIFFERENT INDUSTRIES96
TABLE 29XANTHAN GUM: HYDROCOLLOIDS MARKET, BY REGION, 2018–2022 (USD MILLION)96
TABLE 30XANTHAN GUM: HYDROCOLLOIDS MARKET, BY REGION, 2023–2028 (USD MILLION)96
TABLE 31XANTHAN GUM: HYDROCOLLOIDS MARKET, BY REGION, 2018–2022 (KT)97
TABLE 32XANTHAN GUM: HYDROCOLLOIDS MARKET, BY REGION, 2023–2028 (KT)97
8.4CARRAGEENAN97
8.4.1USAGE OF CARRAGEENAN AS GELATIN ALTERNATIVE IN JELLY-BASED PRODUCTS97
TABLE 33CARRAGEENAN: HYDROCOLLOIDS MARKET, BY REGION, 2018–2022 (USD MILLION)98
TABLE 34CARRAGEENAN: HYDROCOLLOIDS MARKET, BY REGION, 2023–2028 (USD MILLION)98
TABLE 35CARRAGEENAN: HYDROCOLLOIDS MARKET, BY REGION, 2018–2022 (KT)98
TABLE 36CARRAGEENAN: HYDROCOLLOIDS MARKET, BY REGION, 2023–2028 (KT)99
8.5ALGINATES99
8.5.1APPLICATION OF ALGINATE TO COAT FRUITS AND VEGETABLES AS MICROBIAL AND VIRAL PROTECTION PRODUCTS99
TABLE 37ALGINATES: HYDROCOLLOIDS MARKET, BY REGION, 2018–2022 (USD MILLION)99
TABLE 38ALGINATES: HYDROCOLLOIDS MARKET, BY REGION, 2023–2028 (USD MILLION)100
TABLE 39ALGINATES: HYDROCOLLOIDS MARKET, BY REGION, 2018–2022 (KT)100
TABLE 40ALGINATES: HYDROCOLLOIDS MARKET, BY REGION, 2023–2028 (KT)100
8.6AGAR101
8.6.1PREFERENCE OF AGAR OVER SYNTHETIC MATERIALS AS ALTERNATIVE SOURCE OF RAW MATERIALS FOR PHARMACEUTICAL APPLICATIONS101
TABLE 41AGAR: HYDROCOLLOIDS MARKET, BY REGION, 2018–2022 (USD MILLION)101
TABLE 42AGAR: HYDROCOLLOIDS MARKET, BY REGION, 2023–2028 (USD MILLION)101
TABLE 43AGAR: HYDROCOLLOIDS MARKET, BY REGION, 2018–2022 (KT)102
TABLE 44AGAR: HYDROCOLLOIDS MARKET, BY REGION, 2023–2028 (KT)102
8.7PECTIN102
8.7.1USAGE OF PECTIN AS VISCOSITY ENHANCER DUE TO GELLING ABILITY102
TABLE 45PECTIN: HYDROCOLLOIDS MARKET, BY REGION, 2018–2022 (USD MILLION)103
TABLE 46PECTIN: HYDROCOLLOIDS MARKET, BY REGION, 2023–2028 (USD MILLION)103
TABLE 47PECTIN: HYDROCOLLOIDS MARKET, BY REGION, 2018–2022 (KT)103
TABLE 48PECTIN: HYDROCOLLOIDS MARKET, BY REGION, 2023–2028 (KT)104
8.8GUAR GUM104
8.8.1USE OF GUAR GUM IN DIFFERENT INDUSTRIES AS STABILIZER104
TABLE 49GUAR GUM: HYDROCOLLOIDS MARKET, BY REGION, 2018–2022 (USD MILLION)104
TABLE 50GUAR GUM: HYDROCOLLOIDS MARKET, BY REGION, 2023–2028 (USD MILLION)105
TABLE 51GUAR GUM: HYDROCOLLOIDS MARKET, BY REGION, 2018–2022 (KT)105
TABLE 52GUAR GUM: HYDROCOLLOIDS MARKET, BY REGION, 2023–2028 (KT)105
8.9LOCUST BEAN GUM106
8.9.1LOCUST BEAN GUM TO DECREASE BLOOD SUGAR AND BLOOD FAT LEVELS106
TABLE 53LBG: HYDROCOLLOIDS MARKET, BY REGION, 2018–2022 (USD MILLION)106
TABLE 54LBG: HYDROCOLLOIDS MARKET, BY REGION, 2023–2028 (USD MILLION)106
TABLE 55LBG: HYDROCOLLOIDS MARKET, BY REGION, 2018–2022 (KT)107
TABLE 56LBG: HYDROCOLLOIDS MARKET, BY REGION, 2023–2028 (KT)107
8.10GUM ARABIC107
8.10.1GUM ARABIC ACTS AS STABILIZER TO EXTEND PRODUCT’S SHELF LIFE107
TABLE 57GUM ARABIC: HYDROCOLLOIDS MARKET, BY REGION, 2018–2022 (USD MILLION)108
TABLE 58GUM ARABIC: HYDROCOLLOIDS MARKET, BY REGION, 2023–2028 (USD MILLION)108
TABLE 59GUM ARABIC: HYDROCOLLOIDS MARKET, BY REGION, 2018–2022 (KT)108
TABLE 60GUM ARABIC: HYDROCOLLOIDS MARKET, BY REGION, 2023–2028 (KT)109
8.11CARBOXYMETHYL CELLULOSE (CMC)109
8.11.1USAGE OF CMC AS THICKENER AND STABILIZER IN FOOD PRODUCTS109
TABLE 61CMC: HYDROCOLLOIDS MARKET, BY REGION, 2018–2022 (USD MILLION)109
TABLE 62CMC: HYDROCOLLOIDS MARKET, BY REGION, 2023–2028 (USD MILLION)110
TABLE 63CMC: HYDROCOLLOIDS MARKET, BY REGION, 2018–2022 (KT)110
TABLE 64CMC: HYDROCOLLOIDS MARKET, BY REGION, 2023–2028 (KT)110
8.12MICROCRYSTALLINE CELLULOSE (MCC)111
8.12.1APPLICATION OF MCC AS CELLULOSE DERIVATIVE IN FOOD INDUSTRY111
TABLE 65MCC: HYDROCOLLOIDS MARKET, BY REGION, 2018–2022 (USD MILLION)111
TABLE 66MCC: HYDROCOLLOIDS MARKET, BY REGION, 2023–2028 (USD MILLION)111
TABLE 67MCC: HYDROCOLLOIDS MARKET, BY REGION, 2018–2022 (KT)112
TABLE 68MCC: HYDROCOLLOIDS MARKET, BY REGION, 2023–2028 (KT)112
9HYDROCOLLOIDS MARKET, BY SOURCE113
9.1INTRODUCTION114
FIGURE 31ANIMAL HYDROCOLLOIDS SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD (USD MILLION)114
TABLE 69HYDROCOLLOIDS MARKET, BY SOURCE, 2018–2022 (USD MILLION)115
TABLE 70HYDROCOLLOIDS MARKET, BY SOURCE, 2023–2028 (USD MILLION)115
9.2BOTANICAL115
9.2.1BOTANICAL HYDROCOLLOIDS CONSIDERED AS ‘CLEAN LABEL’ AND SAFE OPTION AGAINST SYNTHETIC ADDITIVES115
TABLE 71BOTANICAL: HYDROCOLLOIDS MARKET, BY REGION, 2018–2022 (USD MILLION)116
TABLE 72BOTANICAL: HYDROCOLLOIDS MARKET, BY REGION, 2023–2028 (USD MILLION)116
9.3MICROBIAL116
9.3.1WIDE USAGE OF MICROBIAL-SOURCED HYDROCOLLOIDS SUCH AS XANTHAN GUM116
TABLE 73MICROBIAL: HYDROCOLLOIDS MARKET, BY REGION, 2018–2022 (USD MILLION)117
TABLE 74MICROBIAL: HYDROCOLLOIDS MARKET, BY REGION, 2023–2028 (USD MILLION)117
9.4ANIMAL117
9.4.1ANIMAL-DERIVED GELATIN TO OCCUPY MAJOR MARKET SHARE117
TABLE 75ANIMAL: HYDROCOLLOIDS MARKET, BY REGION, 2018–2022 (USD MILLION)118
TABLE 76ANIMAL: HYDROCOLLOIDS MARKET, BY REGION, 2023–2028 (USD MILLION)118
9.5SEAWEED118
9.5.1APPLICATION OF HIGH-VALUE SEAWEED HYDROCOLLOIDS AS THICKENING AGENTS IN PHARMACEUTICALS AND BIOTECHNOLOGICAL APPLICATIONS118
TABLE 77SEAWEED: HYDROCOLLOIDS MARKET, BY REGION, 2018–2022 (USD MILLION)119
TABLE 78SEAWEED: HYDROCOLLOIDS MARKET, BY REGION, 2023–2028 (USD MILLION)119
9.6SYNTHETIC119
9.6.1RESISTANCE TO MICROBIAL DEGRADATION TO BE MAJOR ADVANTAGE OF SYNTHETIC HYDROCOLLOIDS OVER NATURAL HYDROCOLLOIDS119
TABLE 79SYNTHETIC: HYDROCOLLOIDS MARKET, BY REGION, 2018–2022 (USD MILLION)120
TABLE 80SYNTHETIC: HYDROCOLLOIDS MARKET, BY REGION, 2023–2028 (USD MILLION)120
10HYDROCOLLOIDS MARKET, BY FUNCTION121
10.1INTRODUCTION122
FIGURE 32STABILIZERS SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD (USD MILLION)122
TABLE 81HYDROCOLLOIDS MARKET, BY FUNCTION, 2018–2022 (USD MILLION)123
TABLE 82HYDROCOLLOIDS MARKET, BY FUNCTION, 2023–2028 (USD MILLION)123
10.2THICKENERS123
10.2.1APPLICATION OF THICKENING AGENTS IN SOUPS, SALAD DRESSINGS, GRAVIES, SAUCES, AND TOPPINGS123
TABLE 83HYDROCOLLOIDS USED AS THICKENING AGENTS124
TABLE 84THICKENERS: HYDROCOLLOIDS MARKET, BY REGION, 2018–2022 (USD MILLION)124
TABLE 85THICKENERS: HYDROCOLLOIDS MARKET, BY REGION, 2023–2028 (USD MILLION)124
10.3STABILIZERS125
10.3.1HYDROCOLLOIDS ACT AS STABILIZERS IN DAIRY PRODUCTS, BEVERAGES, AND DESSERTS125
TABLE 86STABILIZERS: HYDROCOLLOIDS MARKET, BY REGION, 2018–2022 (USD MILLION)125
TABLE 87STABILIZERS: HYDROCOLLOIDS MARKET, BY REGION, 2023–2028 (USD MILLION)125
10.4GELLING AGENTS126
10.4.1USAGE OF HYDROCOLLOID GELATION IN VARIOUS FOOD APPLICATIONS126
TABLE 88HYDROCOLLOIDS USED AS GELLING AGENTS127
TABLE 89GELLING AGENTS: HYDROCOLLOIDS MARKET, BY REGION, 2018–2022 (USD MILLION)127
TABLE 90GELLING AGENTS: HYDROCOLLOIDS MARKET, BY REGION, 2023–2028 (USD MILLION)128
10.5FAT REPLACERS128
10.5.1PREFERENCE OF CONSUMERS OF REDUCED-FAT PRODUCTS IN THEIR ROUTINE DIET128
TABLE 91FAT REPLACERS: HYDROCOLLOIDS MARKET, BY REGION, 2018–2022 (USD MILLION)129
TABLE 92FAT REPLACERS: HYDROCOLLOIDS MARKET, BY REGION, 2023–2028 (USD MILLION)129
10.6COATING MATERIALS129
10.6.1USAGE OF HYDROCOLLOIDS IN EDIBLE FILM-FORMING FUNCTIONS129
TABLE 93COATING MATERIALS: HYDROCOLLOIDS MARKET, BY REGION, 2018–2022 (USD MILLION)130
TABLE 94COATING MATERIALS: HYDROCOLLOIDS MARKET, BY REGION, 2023–2028 (USD MILLION)130
10.7OTHER FUNCTIONS130
10.7.1HYDROCOLLOIDS TO GAIN POPULARITY AS EMULSIFIERS AND MOISTURE-BINDING AGENTS130
TABLE 95OTHER FUNCTIONS: HYDROCOLLOIDS MARKET, BY REGION, 2018–2022 (USD MILLION)131
TABLE 96OTHER FUNCTIONS: HYDROCOLLOIDS MARKET, BY REGION, 2023–2028 (USD MILLION)131
11HYDROCOLLOIDS MARKET, BY APPLICATION132
11.1INTRODUCTION133
FIGURE 33FOOD & BEVERAGES SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD133
TABLE 97HYDROCOLLOIDS MARKET, BY APPLICATION, 2018–2022 (USD MILLION)133
TABLE 98HYDROCOLLOIDS MARKET, BY APPLICATION, 2023–2028 (USD MILLION)134
11.2FOOD & BEVERAGES134
11.2.1HYDROCOLLOIDS TO REPLACE FAT BY USING STARCHES SOLUBLE IN WATER134
TABLE 99FOOD & BEVERAGES: HYDROCOLLOIDS MARKET, BY REGION, 2018–2022 (USD MILLION)134
TABLE 100FOOD & BEVERAGES: HYDROCOLLOIDS MARKET, BY REGION, 2023–2028 (USD MILLION)135
11.2.2BAKERY & CONFECTIONERY135
11.2.2.1Hydrocolloids to improve quality of bakery products by providing texture, stability, and extended shelf-life135
11.2.3MEAT & POULTRY PRODUCTS135
11.2.3.1Hydrocolloids to improve cooking yield, texture, and slice characteristics135
11.2.4SAUCES & DRESSINGS136
11.2.4.1Hydrocolloids to be used in sauces and dressing applications136
11.2.5DAIRY PRODUCTS136
11.2.5.1Food hydrocolloids used as stabilizers, thickeners, and gelling agents136
11.2.6OTHERS136
11.3COSMETICS & PERSONAL CARE PRODUCTS136
11.3.1USE OF HYDROCOLLOIDS AS VISCOSITY CONTROL AGENTS DUE TO THEIR THICKENING AND GELLING PROPERTIES136
TABLE 101COSMETICS & PERSONAL CARE PRODUCTS: HYDROCOLLOIDS MARKET, BY REGION, 2018–2022 (USD MILLION)137
TABLE 102COSMETICS & PERSONAL CARE PRODUCTS: HYDROCOLLOIDS MARKET, BY REGION, 2023–2028 (USD MILLION)137
11.4PHARMACEUTICALS137
11.4.1POTENTIAL OF NATURALLY OCCURRING HYDROCOLLOIDS IN DRUG FORMULATION DUE TO EXTENSIVE APPLICATION AS FOOD ADDITIVES137
TABLE 103PHARMACEUTICALS: HYDROCOLLOIDS MARKET, BY REGION, 2018–2022 (USD MILLION)138
TABLE 104PHARMACEUTICALS: HYDROCOLLOIDS MARKET, BY REGION, 2023–2028 (USD MILLION)138
12HYDROCOLLOIDS MARKET, BY REGION139
12.1INTRODUCTION140
FIGURE 34HYDROCOLLOIDS MARKET GROWTH RATE, BY KEY COUNTRY, 2023–2028140
TABLE 105HYDROCOLLOIDS MARKET, BY REGION, 2018–2022 (USD MILLION)141
TABLE 106HYDROCOLLOIDS MARKET, BY REGION, 2023–2028 (USD MILLION)141
TABLE 107HYDROCOLLOIDS MARKET, BY REGION, 2018–2022 (KT)141
TABLE 108HYDROCOLLOIDS MARKET, BY REGION, 2023–2028 (KT)142
12.2NORTH AMERICA142
FIGURE 35NORTH AMERICA: HYDROCOLLOIDS MARKET SNAPSHOT143
12.2.1RECESSION IMPACT ANALYSIS143
FIGURE 36NORTH AMERICA: RECESSION IMPACT ANALYSIS145
TABLE 109NORTH AMERICA: HYDROCOLLOIDS MARKET, BY COUNTRY, 2018–2022 (USD MILLION)145
TABLE 110NORTH AMERICA: HYDROCOLLOIDS MARKET, BY COUNTRY, 2023–2028 (USD MILLION)146
TABLE 111NORTH AMERICA: HYDROCOLLOIDS MARKET, BY TYPE, 2018–2022 (USD MILLION)146
TABLE 112NORTH AMERICA: HYDROCOLLOIDS MARKET, BY TYPE, 2023–2028 (USD MILLION)147
TABLE 113NORTH AMERICA: HYDROCOLLOIDS MARKET, BY TYPE, 2018–2022 (KT)147
TABLE 114NORTH AMERICA: HYDROCOLLOIDS MARKET, BY TYPE, 2023–2028 (KT)148
TABLE 115NORTH AMERICA: HYDROCOLLOIDS MARKET, BY APPLICATION, 2018–2022 (USD MILLION)148
TABLE 116NORTH AMERICA: HYDROCOLLOIDS MARKET, BY APPLICATION, 2023–2028 (USD MILLION)148
TABLE 117NORTH AMERICA: HYDROCOLLOIDS MARKET, BY SOURCE, 2018–2022 (USD MILLION)149
TABLE 118NORTH AMERICA: HYDROCOLLOIDS MARKET, BY SOURCE, 2023–2028 (USD MILLION)149
TABLE 119NORTH AMERICA: HYDROCOLLOIDS MARKET, BY FUNCTION, 2018–2022 (USD MILLION)149
TABLE 120NORTH AMERICA: HYDROCOLLOIDS MARKET, BY FUNCTION, 2023–2028 (USD MILLION)150
12.2.2US150
12.2.2.1Higher demand for low-fat food products to drive market growth150
TABLE 121US: HYDROCOLLOIDS MARKET, BY APPLICATION, 2018–2022 (USD MILLION)150
TABLE 122US: HYDROCOLLOIDS MARKET, BY APPLICATION, 2023–2028 (USD MILLION)151
12.2.3CANADA151
12.2.3.1Substantial growth of functional food segment to trigger demand for different hydrocolloids151
TABLE 123CANADA: HYDROCOLLOIDS MARKET, BY APPLICATION, 2018–2022 (USD MILLION)151
TABLE 124CANADA: HYDROCOLLOIDS MARKET, BY APPLICATION, 2023–2028 (USD MILLION)152
12.2.4MEXICO152
12.2.4.1Rise in consumption of dairy products to drive market growth152
TABLE 125MEXICO: HYDROCOLLOIDS MARKET, BY APPLICATION, 2018–2022 (USD MILLION)152
TABLE 126MEXICO: HYDROCOLLOIDS MARKET, BY APPLICATION, 2023–2028 (USD MILLION)153
12.3EUROPE153
12.3.1RECESSION IMPACT ANALYSIS154
FIGURE 37EUROPE: HYDROCOLLOIDS MARKET: RECESSION IMPACT ANALYSIS155
TABLE 127EUROPE: HYDROCOLLOIDS MARKET, BY COUNTRY, 2018–2022 (USD MILLION)156
TABLE 128EUROPE: HYDROCOLLOIDS MARKET, BY COUNTRY, 2023–2028 (USD MILLION)156
TABLE 129EUROPE: HYDROCOLLOIDS MARKET, BY TYPE, 2018–2022 (USD MILLION)157
TABLE 130EUROPE: HYDROCOLLOIDS MARKET, BY TYPE, 2023–2028 (USD MILLION)157
TABLE 131EUROPE: HYDROCOLLOIDS MARKET, BY TYPE, 2018–2022 (KT)158
TABLE 132EUROPE: HYDROCOLLOIDS MARKET, BY TYPE, 2023–2028 (KT)158
TABLE 133EUROPE: HYDROCOLLOIDS MARKET, BY APPLICATION, 2018–2022 (USD MILLION)159
TABLE 134EUROPE: HYDROCOLLOIDS MARKET, BY APPLICATION, 2023–2028 (USD MILLION)159
TABLE 135EUROPE: HYDROCOLLOIDS MARKET, BY SOURCE, 2018–2022 (USD MILLION)159
TABLE 136EUROPE: HYDROCOLLOIDS MARKET, BY SOURCE, 2023–2028 (USD MILLION)160
TABLE 137EUROPE: HYDROCOLLOIDS MARKET, BY FUNCTION, 2018–2022 (USD MILLION)160
TABLE 138EUROPE: HYDROCOLLOIDS MARKET, BY FUNCTION, 2023–2028 (USD MILLION)160
12.3.2GERMANY161
12.3.2.1Increase in consumption of different baked goods to drive market161
TABLE 139GERMANY: HYDROCOLLOIDS MARKET, BY APPLICATION, 2018–2022 (USD MILLION)161
TABLE 140GERMANY: HYDROCOLLOIDS MARKET, BY APPLICATION, 2023–2028 (USD MILLION)161
12.3.3UK162
12.3.3.1Presence of large food sector as well as cosmetic industry to propel market growth162
TABLE 141UK: HYDROCOLLOIDS MARKET, BY APPLICATION, 2018–2022 (USD MILLION)162
TABLE 142UK: HYDROCOLLOIDS MARKET, BY APPLICATION, 2023–2028 (USD MILLION)162
12.3.4FRANCE163
12.3.4.1High consumption of confectionery products to drive market163
TABLE 143FRANCE: HYDROCOLLOIDS MARKET, BY APPLICATION, 2018–2022 (USD MILLION)163
TABLE 144FRANCE: HYDROCOLLOIDS MARKET, BY APPLICATION, 2023–2028 (USD MILLION)163
12.3.5ITALY164
12.3.5.1Wide presence of dairy sector and increased production of ice cream to increase use of hydrocolloids164
TABLE 145ITALY: HYDROCOLLOIDS MARKET, BY APPLICATION, 2018–2022 (USD MILLION)164
TABLE 146ITALY: HYDROCOLLOIDS MARKET, BY APPLICATION, 2023–2028 (USD MILLION)164
12.3.6SPAIN165
12.3.6.1Demand for healthier processed food to increase demand for natural hydrocolloids165
TABLE 147SPAIN: HYDROCOLLOIDS MARKET, BY APPLICATION, 2018–2022 (USD MILLION)165
TABLE 148SPAIN: HYDROCOLLOIDS MARKET, BY APPLICATION, 2023–2028 (USD MILLION)165
12.3.7REST OF EUROPE166
TABLE 149REST OF EUROPE: HYDROCOLLOIDS MARKET, BY APPLICATION, 2018–2022 (USD MILLION)166
TABLE 150REST OF EUROPE: HYDROCOLLOIDS MARKET, BY APPLICATION, 2023–2028 (USD MILLION)166
12.4ASIA PACIFIC167
12.4.1RECESSION IMPACT ANALYSIS167
FIGURE 38ASIA PACIFIC HYDROCOLLOIDS MARKET: RECESSION IMPACT ANALYSIS168
TABLE 151ASIA PACIFIC: HYDROCOLLOIDS MARKET, BY COUNTRY, 2018–2022 (USD MILLION)169
TABLE 152ASIA PACIFIC: HYDROCOLLOIDS MARKET, BY COUNTRY, 2023–2028 (USD MILLION)169
TABLE 153ASIA PACIFIC: HYDROCOLLOIDS MARKET, BY TYPE, 2018–2022 (USD MILLION)169
TABLE 154ASIA PACIFIC: HYDROCOLLOIDS MARKET, BY TYPE, 2023–2028 (USD MILLION)170
TABLE 155ASIA PACIFIC: HYDROCOLLOIDS MARKET, BY TYPE, 2018–2022 (KT)170
TABLE 156ASIA PACIFIC: HYDROCOLLOIDS MARKET, BY TYPE, 2023–2028 (KT)171
TABLE 157ASIA PACIFIC: HYDROCOLLOIDS MARKET, BY APPLICATION, 2018–2022 (USD MILLION)171
TABLE 158ASIA PACIFIC: HYDROCOLLOIDS MARKET, BY APPLICATION, 2023–2028 (USD MILLION)171
TABLE 159ASIA PACIFIC: HYDROCOLLOIDS MARKET, BY SOURCE, 2018–2022 (USD MILLION)172
TABLE 160ASIA PACIFIC: HYDROCOLLOIDS MARKET, BY SOURCE, 2023–2028 (USD MILLION)172
TABLE 161ASIA PACIFIC: HYDROCOLLOIDS MARKET, BY FUNCTION, 2018–2022 (USD MILLION)172
TABLE 162ASIA PACIFIC: HYDROCOLLOIDS MARKET, BY FUNCTION, 2023–2028 (USD MILLION)173
12.4.2CHINA173
12.4.2.1Rise in demand for healthy beverages and dairy products to drive market growth173
TABLE 163CHINA: HYDROCOLLOIDS MARKET, BY APPLICATION, 2018–2022 (USD MILLION)173
TABLE 164CHINA: HYDROCOLLOIDS MARKET, BY APPLICATION, 2023–2028 (USD MILLION)174
12.4.3JAPAN174
12.4.3.1Demand for variety of Japanese beverages to drive market174
TABLE 165JAPAN: HYDROCOLLOIDS MARKET, BY APPLICATION, 2018–2022 (USD MILLION)174
TABLE 166JAPAN: HYDROCOLLOIDS MARKET, BY APPLICATION, 2023–2028 (USD MILLION)175
12.4.4AUSTRALIA & NEW ZEALAND175
12.4.4.1Consumption of beverages to increase demand for different preservative manufacturers175
TABLE 167AUSTRALIA & NEW ZEALAND: HYDROCOLLOIDS MARKET, BY APPLICATION, 2018–2022 (USD MILLION)176
TABLE 168AUSTRALIA & NEW ZEALAND: HYDROCOLLOIDS MARKET, BY APPLICATION, 2023–2028 (USD MILLION)176
12.4.5INDIA176
12.4.5.1Increase in demand for healthy processed food products to increase demand for hydrocolloids176
TABLE 169INDIA: HYDROCOLLOIDS MARKET, BY APPLICATION, 2018–2022 (USD MILLION)177
TABLE 170INDIA: HYDROCOLLOIDS MARKET, BY APPLICATION, 2023–2028 (USD MILLION)177
12.4.6REST OF ASIA PACIFIC177
TABLE 171REST OF ASIA PACIFIC: HYDROCOLLOIDS MARKET, BY APPLICATION, 2018–2022 (USD MILLION)177
TABLE 172REST OF ASIA PACIFIC: HYDROCOLLOIDS MARKET, BY APPLICATION, 2023–2028 (USD MILLION)178
12.5REST OF THE WORLD (ROW)178
FIGURE 39ROW: HYDROCOLLOIDS MARKET SNAPSHOT179
12.5.1RECESSION IMPACT ANALYSIS179
FIGURE 40ROW HYDROCOLLOIDS MARKET: RECESSION IMPACT ANALYSIS181
TABLE 173ROW: HYDROCOLLOIDS MARKET, BY SUB-REGION, 2018–2022 (USD MILLION)181
TABLE 174ROW: HYDROCOLLOIDS MARKET, BY REGION, 2023–2028 (USD MILLION)182
TABLE 175ROW: HYDROCOLLOIDS MARKET, BY TYPE, 2018–2022 (USD MILLION)182
TABLE 176ROW HYDROCOLLOIDS MARKET, BY TYPE, 2023–2028 (USD MILLION)183
TABLE 177ROW: HYDROCOLLOIDS MARKET, BY TYPE, 2018–2022 (KT)183
TABLE 178ROW: HYDROCOLLOIDS MARKET, BY TYPE, 2023–2028 (KT)184
TABLE 179ROW: HYDROCOLLOIDS MARKET, BY APPLICATION, 2018–2022 (USD MILLION)184
TABLE 180ROW: HYDROCOLLOIDS MARKET, BY APPLICATION, 2023–2028 (USD MILLION)184
TABLE 181ROW: HYDROCOLLOIDS MARKET, BY SOURCE, 2018–2022 (USD MILLION)185
TABLE 182ROW: HYDROCOLLOIDS MARKET, BY SOURCE, 2023–2028 (USD MILLION)185
TABLE 183ROW: HYDROCOLLOIDS MARKET, BY FUNCTION, 2018–2022 (USD MILLION)185
TABLE 184ROW: HYDROCOLLOIDS MARKET, BY FUNCTION, 2023–2028 (USD MILLION)186
12.5.2MIDDLE EAST & AFRICA186
12.5.2.1Rising demand for nutritional labeling to increase demand for natural hydrocolloids186
TABLE 185MIDDLE EAST & AFRICA: HYDROCOLLOIDS MARKET, BY APPLICATION, 2018–2022 (USD MILLION)187
TABLE 186MIDDLE EAST & AFRICA: HYDROCOLLOIDS MARKET, BY APPLICATION, 2023–2028 (USD MILLION)187
12.5.3SOUTH AMERICA188
12.5.3.1Gradual increase in purchasing power of Argentinians and Brazilians to increase consumption of convenience food188
TABLE 187SOUTH AMERICA: HYDROCOLLOIDS MARKET, BY APPLICATION, 2018–2022 (USD MILLION)188
TABLE 188SOUTH AMERICA: HYDROCOLLOIDS MARKET, BY APPLICATION, 2023–2028 (USD MILLION)188
13COMPETITIVE LANDSCAPE189
13.1OVERVIEW189
13.2STRATEGIES ADOPTED BY KEY PLAYERS189
TABLE 189STRATEGIES ADOPTED BY KEY PLAYERS IN HYDROCOLLOIDS MARKET189
13.3MARKET SHARE ANALYSIS191
TABLE 190GLOBAL HYDROCOLLOIDS MARKET: DEGREE OF COMPETITION191
13.4REVENUE SHARE ANALYSIS OF KEY PLAYERS192
FIGURE 41REVENUE ANALYSIS OF KEY PLAYERS, 2019–2021 (USD BILLION)192
13.5COMPANY EVALUATION QUADRANT (KEY PLAYERS)192
13.5.1STARS192
13.5.2EMERGING LEADERS192
13.5.3PERVASIVE PLAYERS193
13.5.4PARTICIPANTS193
FIGURE 42HYDROCOLLOIDS MARKET: COMPANY EVALUATION QUADRANT, 2021 (KEY PLAYERS)193
13.6PRODUCT FOOTPRINT194
TABLE 191COMPANY PRODUCT FOOTPRINT, BY APPLICATION194
TABLE 192COMPANY PRODUCT FOOTPRINT, BY REGION195
TABLE 193OVERALL COMPANY PRODUCT FOOTPRINT195
13.7STARTUP/SME EVALUATION QUADRANT (OTHER PLAYERS)196
13.7.1PROGRESSIVE COMPANIES196
13.7.2STARTING BLOCKS196
13.7.3RESPONSIVE COMPANIES196
13.7.4DYNAMIC COMPANIES196
FIGURE 43HYDROCOLLOIDS MARKET: COMPANY EVALUATION QUADRANT, 2021 (OTHER PLAYERS)197
13.7.5COMPETITIVE BENCHMARKING OF OTHER PLAYERS198
TABLE 194DETAILED LIST OF OTHER PLAYERS198
TABLE 195COMPETITIVE BENCHMARKING (OTHER PLAYERS), 2021199
13.8COMPETITIVE SCENARIO199
13.8.1PRODUCT LAUNCHES199
TABLE 196HYDROCOLLOIDS MARKET: NEW PRODUCT LAUNCHES, 2018–2022199
13.8.2DEALS201
TABLE 197HYDROCOLLOIDS MARKET: DEALS, 2018–2022201
13.8.3OTHERS203
TABLE 198HYDROCOLLOIDS MARKET: OTHERS, 2018–2022203
14COMPANY PROFILES205
(Business Overview, Products/Solutions/Services Offered, Recent Developments, MnM view (Key strengths/Right to win, Strategic choices made, Weakness/competitive threats)*
14.1KEY PLAYERS205
14.1.1INTERNATIONAL FLAVORS & FRAGRANCES INC.205
TABLE 199INTERNATIONAL FLAVORS & FRAGRANCES INC.- BUSINESS OVERVIEW205
FIGURE 44INTERNATIONAL FLAVORS & FRAGRANCES INC.: COMPANY SNAPSHOT206
TABLE 200INTERNATIONAL FLAVORS & FRAGRANCES INC.: PRODUCT LAUNCHES207
TABLE 201INTERNATIONAL FLAVORS & FRAGRANCES INC.: DEALS207
TABLE 202INTERNATIONAL FLAVORS & FRAGRANCES INC.: OTHERS208
14.1.2INGREDION209
TABLE 203INGREDION: BUSINESS OVERVIEW209
FIGURE 45INGREDION: COMPANY SNAPSHOT209
TABLE 204INGREDION: PRODUCT LAUNCHES210
14.1.3CARGILL, INCORPORATED212
TABLE 205CARGILL, INCORPORATED: BUSINESS OVERVIEW212
FIGURE 46CARGILL, INCORPORATED: COMPANY SNAPSHOT212
TABLE 206CARGILL, INCORPORATED: OTHERS213
14.1.4KERRY GROUP PLC215
TABLE 207KERRY GROUP PLC: BUSINESS OVERVIEW215
FIGURE 47KERRY GROUP PLC: COMPANY SNAPSHOT216
TABLE 208KERRY GROUP PLC: OTHERS217
14.1.5ARCHER DANIELS MIDLAND COMPANY (ADM)218
TABLE 209ARCHER DANIELS MIDLAND COMPANY - BUSINESS OVERVIEW218
FIGURE 48ARCHER DANIELS MIDLAND COMPANY: COMPANY SNAPSHOT219
TABLE 210ARCHER DANIELS MIDLAND COMPANY: DEALS220
TABLE 211ARCHER DANIELS MIDLAND COMPANY: OTHERS220
14.1.6DARLING INGREDIENTS INC.222
TABLE 212DARLING INGREDIENTS INC.: BUSINESS OVERVIEW222
FIGURE 49DARLING INGREDIENTS INC.: COMPANY SNAPSHOT223
TABLE 213DARLING INGREDIENTS INC.: NEW PRODUCT LAUNCHES224
14.1.7DSM225
TABLE 214DSM: BUSINESS OVERVIEW225
FIGURE 50DSM: COMPANY SNAPSHOT226
TABLE 215DSM: PRODUCT LAUNCHES227
TABLE 216DSM: OTHERS227
14.1.8ASHLAND228
TABLE 217ASHLAND - BUSINESS OVERVIEW228
FIGURE 51ASHLAND: COMPANY SNAPSHOT229
14.1.9TATE & LYLE231
TABLE 218TATE & LYLE: BUSINESS OVERVIEW231
FIGURE 52TATE & LYLE: COMPANY SNAPSHOT232
TABLE 219TATE & LYLE: OTHERS233
14.1.10FUFENG GROUP234
TABLE 220FUFENG GROUP - BUSINESS OVERVIEW234
FIGURE 53FUFENG GROUP: COMPANY SNAPSHOT235
14.1.11PALSGAARD A/S236
TABLE 221PALSGAARD A/S: BUSINESS OVERVIEW236
TABLE 222PALSGAARD A/S: DEALS237
TABLE 223PALSGAARD: OTHERS237
14.1.12CP KELCO U.S., INC.239
TABLE 224CP KELCO U.S., INC. – BUSINESS OVERVIEW239
TABLE 225CP KELCO U.S., INC.: PRODUCT LAUNCHES241
TABLE 226CP KELCO U.S., INC.: DEALS241
TABLE 227CP KELCO U.S., INC.: OTHERS242
14.1.13NEXIRA243
TABLE 228NEXIRA - BUSINESS OVERVIEW243
TABLE 229NEXIRA: PRODUCT LAUNCHES244
TABLE 230NEXIRA: DEALS244
14.1.14DEOSEN BIOCHEMICAL (ORDOS) LTD.245
TABLE 231DEOSEN BIOCHEMICAL (ORDOS) LTD. - BUSINESS OVERVIEW245
14.1.15BASF SE247
TABLE 232BASF SE: BUSINESS OVERVIEW247
FIGURE 54BASF SE: COMPANY SNAPSHOT248
14.2OTHER PLAYERS249
14.2.1EST-AGAR AS249
TABLE 233EST-AGAR AS - BUSINESS OVERVIEW249
14.2.2EXANDAL USA CORP.250
TABLE 234EXANDAL USA CORP.- BUSINESS OVERVIEW250
14.2.3INDIAN HYDROCOLLOIDS251
TABLE 235INDIAN HYDROCOLLOIDS - BUSINESS OVERVIEW251
14.2.4LUCID COLLOIDS LTD252
TABLE 236LUCID COLLOIDS LTD - BUSINESS OVERVIEW252
14.2.5SUNITA HYDROCOLLOIDS PVT LTD253
TABLE 237SUNITA HYDROCOLLOIDS PVT LTD - BUSINESS OVERVIEW253
14.2.6BHANSALI INTERNATIONAL254
14.2.7B & V SRL254
14.2.8ALTRAFINE GUMS255
14.2.9AGARMEX255
14.2.10AGAR DEL PACIFICO S.A.256
*Details on Business Overview, Products/Solutions/Services Offered, Recent Developments, MnM view (Key strengths/Right to win, Strategic choices made, Weakness/competitive threats)* might not be captured in case of unlisted companies.
15ADJACENT AND RELATED MARKETS257
15.1INTRODUCTION257
TABLE 238ADJACENT MARKETS TO HYDROCOLLOIDS MARKET257
15.2STUDY LIMITA