Hydrocolloids Market

Hydrocolloids Market by Type (Gelatin, Xanthan Gum, Carrageenan, LBG, Alginate, Agar, Pectin, Guar Gum, Gum Arabic, MCC, and CMC), Source (Botanical, Microbial, Animal, Seaweed, and Synthetic), Function, Application, and Region - Global Forecast to 2026

Report Code: FB 2845 Nov, 2021, by marketsandmarkets.com

[271 Pages Report] The global hydrocolloids market was valued at USD 9.7 billion in 2020 and is projected to reach USD 13.36 billion by 2026, at a CAGR of 5.4% during the forecast period. The growing health-consciousness among consumers in North America and Europe for natural products has driven the demand for natural food additives. Consumers perceive that natural food additives have a positive impact on health as it increases the demand for natural hydrocolloids in food & beverage products. This has driven the interest of food & beverage manufacturers to use natural gums in food. Natural gums are useful as functional ingredients and as natural sources of soluble dietary fiber and are considered healthy ingredients. The demand for a low-calorie diet has also been driving the hydrocolloids market.

The increased focus on health and nutrition, especially the need to control the spread of diabetes, obesity, and food allergies, is increasing the demand for fat replacers. Many stabilizers are being developed exclusively as emulsifiers and texturizers; this has further increased the demand for stabilizers. Italian dressings include xanthan gum for thickening; guar gum & xanthan gum are used in light mayonnaise as fat replacers to enhance viscosity.

Hydrocolloids Market

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COVID-19 impact on the hydrocolloids market

The novel coronavirus/COVID-19 pandemic had significantly impacted almost all industries across the globe. This pandemic has resulted in mass production shutdowns and supply chain disruptions, which have also affected the economy as well.

The preventive effect of hydrocolloid dressing to prevent facial pressure and facial marks during the use of medical protective equipment in COVID-19 pandemic has been of great help to doctors and other front-line workers. Hydrocolloid is semi-permeable material that is present as a layer within a film or foam pad that adheres to the skin, usually used for wound healing. A hydrocolloid dressing is used for this purpose. After the hydrocolloid dressing has been trimmed, the adhesive dressing is then placed over the skin of the nasal dorsum, cheeks, and forehead, covering the area where the mask and protective glasses will rest. This is contributing to the market growth of hydrocolloids significantly in the pharmaceutical field.

However, the worldwide lockdown has also affected the farming practices, which has highly impacted the supply of raw materials of hydrocolloids. Moreover, COVID-19 impact on logistics also contributes to the increased prices of raw materials, which increases the cost for hydrocolloids manufacturers. With barriers to cross-border transportation of commodities in this pandemic situation, the manufacturers are highly dependent on local raw material suppliers, which increases the bargaining power of the suppliers. Thus, the increased raw material prices followed by high demand for hydrocolloids would lead to an increased price of hydrocolloids for the next few years.

Global Hydrocolloids Market Dynamics

Drivers: Multifunctionality of hydrocolloids to lead to their wide range of applications

Hydrocolloids or gums belong to a group of biopolymers widely used in food technology. Hydrocolloids are widely used in many food formulations to improve quality attributes and shelf-life. Hydrocolloids have been extensively used in different food products as thickeners (soups, gravies, salad dressings, sauces, and toppings), water retention agents, stabilizers, emulsifiers, and gel-forming agents (jam, jelly, marmalade, restructured foods, and low-sugar per calorie gels). They also can be applied for inhibiting ice and sugar crystal formation in ice cream and can help control the release of flavors. In the bakery industry, these compounds help improve food texture and moisture retention to retard starch retrogradation and, finally, enlarge the overall quality of the products during storage. Recently, some hydrocolloids are being used due to their polymeric structure as fat replacers to obtain low-calorie products and substitute gluten in the formulation of gluten-free bread.

Restraints: Stringent regulations and international quality standards

Thickening and gelling agents are food additives, and their use is subject to several laws and regulations. Various studies have been conducted by regulatory bodies to assess the impact of these products on human health. Based on their results, products are classified, and the Daily Intake Allowance (DIA) has been set. International bodies such as the National Food Safety and Quality Service (SENASA), Canadian Food Inspection Agency (CFIA), Food and Drug Administration (FDA), World Health Organization (WHO), and Committee on the Environment, Public Health and Food Safety (EU) are associated with food safety regulations. These organizations have control over the usage of different chemicals and materials used in food processing, directly or indirectly.

Opportunities:Emerging markets in the Asia Pacific and Africa

The growing global population is putting more pressure on producers for the manufacture, extraction, and maintenance of scarce resources. High energy prices and rising raw material costs are impacting food prices, thus affecting low-income consumers. Pressure on food supplies is being exacerbated by water shortages, particularly across Africa and Northern Asia. Advances in science and technology are helping in extending the shelf life of foods to a greater extent. The need for marketing food hydrocolloids to the smallest of food & beverage manufacturers will help in augmenting the market size.

In emerging markets, where lifestyles are changing rapidly, the demand from workplaces and homes is competitively increasing, leading to a greater preference for convenience. Fast food will increasingly become differentiated from junk food as we seek options that are quick and easy but healthy.

Challenges: Unclear labeling to lead to ambiguity and uncertainty

The issue of food labeling in the hydrocolloids industry is similar to that in the entire food industry, including regulatory environments and health concerns that demand more comprehensive labeling. In Europe, regulations have been introduced on labeling foodstuffs to enable European consumers to gain information regarding composition, manufacturer, storage methods, and preparation. Consumers are now becoming more aware of their right to information. They demand full information on the ingredients present in the food products. Although most hydrocolloids are obtained from natural sources, consumers have the perception that they are being obtained from synthetic sources, due to which they are reluctant to use these products.

The gelatin segment of the hydrocolloids market is projected to account for the largest share, by type

The gelatin segment dominated the market during the forecast period. However, with people becoming more conscious about both health and the environment, they are gradually shifting toward plant-derived hydrocolloids. A strong rise in the global overweight and obese population has been a major influencing factor, which is likely to significantly contribute to the hydrocolloids market size during the forecast period. The market is witnessing an increasing demand for food products with reduced content of fat, sugar, and salt, due to which food manufacturers are shifting their focus to food additives that can aid in limiting the content of fat, salt, and sugar without any adverse effects on the texture, taste, or aroma of food.

The food & beverage market for hydrocolloids by application is projected to account for the largest share during the forecast period

In meat & poultry products, hydrocolloids improve the cooking yield, texture, and slice characteristics. Carrageenan is used in meat & poultry products to retain their moisture and natural textural properties and improve the viscosity of products. In contrast, agar helps in the reduction of fat content in meat products. Gelatin is widely used in meat products to improve its appearance and gel the juices in processed hams, whereas xanthan gum is used as a thickener and stabilizer in meat products. The use of alginate in meat products improves texture and quality. Pectin and locust bean gum act as fat replacers in meat & poultry products, whereas guar gum can be used as a binder and lubricant in various meat products. Gum Arabic acts as a stabilizer and thickener in meat products.

The animal segment holds the largest share, by source of hydrocolloids market, across the globe

In hydrocolloids market by source, animal should the largest share during the forecast period, however, with the increase in environmental concern, the demand for botanically sourced hydrocolloids are increasing rapidly. Many hydrocolloids are available to the food industry, and as new sources are found from natural products or by-product streams, the list keeps growing. Traditional hydrocolloids are plant-derived ingredients, such as pectin, modified starches, modified celluloses, guar gum, locust bean gum, and konjac mannan, along with exudate gums, such as gum Arabic, gum ghatti, and tragacanth, and seaweed-derived ingredients, such as agar, alginates, and carrageenan. Algae-derived hydrocolloids such as carrageenan, agar, and alginate are widely used in the food industry as thickening, gelling, and emulsifying agents. Carrageenans are sulfated polysaccharides with diverse structural specificities.

North America is the fastest-growing market during the forecast period in the hydrcoolloids market

The US is one of the largest markets for hydrocolloids. The specific demand for the substance for oil and fat reduction exists in the country, given the food habit and eating practices of the consumers. It acts as a barrier for oil and fat in breaded/fried food products consumed heavily in the US. By using hydrocolloids, calorie-dense fat and oil can be replaced with what is essentially structured water. Therefore, consumers would prefer products low in oil and fat, which is possible through the proper use of hydrocolloids. With the significant increase in the number of health-conscious consumers, the market for hydrocolloids in the country is expected to widen further.

The major types of hydrocolloids available and utilized in the US are gellan gum, xanthan gum, guar gum, locust bean gum, and pectin. US-based companies, such as Cargill (US), Ingredion Incorporated (US), Darling Ingredients Inc (US) and many others offer the food industry a wide range of hydrocolloids: biopolymers (xanthan gum and scleroglucan), carrageenan, and pectin. These hydrocolloids are widely used in the food industry and a growing number of pharmaceutical and cosmetic applications.

Hydrocolloids Market by Region

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Key Market Players

Key players in this market include Ingredion Incorporated (US), Cargill, Incorporated (US), DuPont (US), Darling Ingredients Inc. (US), ADM (US), and Kerry Group (Ireland). These players have focused on acquisitions to gain a larger market share in the spices & seasonings market.

Scope of the Market

Report Metric

Details

Market size available for years

2016–2026

Base year considered

2020

Forecast period

2021–2026

Forecast units

Value (USD Million) and Volume (KT)

Segments covered

By type, By application, Byfunction, By Source, by Region

Geographies covered

Asia Pacific, Europe, North America, RoW

Companies covered

The major market players include Ingredion Incorporated (US), Cargill, Incorporated (US), IDD Nutrition & Biosciences (US), Darling Ingredients Inc. (US), ADM (US), and Kerry Group (Ireland).

The study categorizes the hydrocolloids market based on type, applications, nature components at the regional and global levels.

By Type

  • Gelatin
  • Xanthan gum
  • Carrageenan
  • Alginates
  • Agar
  • Pectin
  • Guar gum
  • Locust bean gum (LBG)
  • Gum Arabic
  • Carboxymethyl cellulose (CMC)
  • Microcrystalline cellulose (MCC)

By application

  • Food & Beverage
  • Cosmetics & personal care products
  • Pharmaceuticals

By Function

  • Thickener
  • Stabilizers
  • Gelling agents
  • Fat replacers
  • Coating materials
  • Others functions (Other functions include emulsifier and moisture-binding agents.)

By Source

  • Botanical
  • Microbial
  • Animal
  • Seaweed
  • Synthetic

By Region

  • North America
  • Europe
  • Asia Pacific
  • Row

Recent Developments

  • In September 2021, Cargill, Incorporated announced the opening of its new, cutting-edge pectin production facility, located in Bebedouro, Brazil. The plant, which represents a USD 150 million investment, significantly expands the company’s ability to meet growing global demand for the label-friendly texturizing ingredient. It will produce a full range of Cargill, Incorporated’s HM pectins, significantly increasing the company’s pectin supply and expanding production presence to two continents: South America and Europe.
  • In February 2021, Tate & Lyle PLC announced the launch of the Tate & Lyle Nutrition Centre, a new digital hub providing easy access to authoritative science on ingredients that can help address public health challenges. The hub houses expert insights, research and educational tools for food and beverage companies, scientists, and health professionals.
  • In Feb 2020, Palsgaard announced the takeover of Turkish food ingredients distributor Teknaroma. Palsgaard will now be able to build its operations in Turkey and the surrounding markets and further focus on offering high-quality products supported by a local application center and the companies’ combined technical expertise.
  • In August 2019, CP Kelco announced its expansion activity of gellan gum production capabilities in the US. In response to continued global demand for the product, CP Kelco is making a significant investment to increase capacity at its Okmulgee, Oklahoma, biogums production facility.

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TABLE OF CONTENTS

1 INTRODUCTION (Page No. - 26)
    1.1 OBJECTIVES OF THE STUDY
    1.2 MARKET DEFINITION
    1.3 STUDY SCOPE
           FIGURE 1 HYDROCOLLOIDS MARKET SEGMENTATION
           1.3.1 INCLUSIONS AND EXCLUSIONS
                    FIGURE 2 REGIONAL SEGMENTATION
    1.4 PERIODIZATION CONSIDERED
    1.5 CURRENCY CONSIDERED
           TABLE 1 USD EXCHANGE RATES, 2016–2020
    1.6 VOLUME UNIT CONSIDERED
    1.7 STAKEHOLDERS
    1.8 SUMMARY OF CHANGES

2 RESEARCH METHODOLOGY (Page No. - 33)
    2.1 RESEARCH DATA
           FIGURE 3 HYDROCOLLOIDS MARKET: RESEARCH DESIGN
           2.1.1 SECONDARY DATA
                    2.1.1.1 Key data from secondary sources
           2.1.2 PRIMARY DATA
                    2.1.2.1 Key industry insights
                    2.1.2.2 Breakdown of Primary Interviews
                               FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, AND REGION
    2.2 MARKET SIZE ESTIMATION
           FIGURE 5 HYDROCOLLOIDS MARKET SIZE ESTIMATION: SUPPLY SIDE (1/2)
           FIGURE 6 HYDROCOLLOIDS MARKET SIZE ESTIMATION: SUPPLY SIDE (2/2)
           FIGURE 7 HYDROCOLLOIDS MARKET SIZE ESTIMATION: DEMAND SIDE
           2.2.1 MARKET SIZE ESTIMATION: BOTTOM-UP APPROACH
                    FIGURE 8 HYDROCOLLOIDS MARKET SIZE ESTIMATION: BOTTOM-UP APPROACH
           2.2.2 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
                    FIGURE 9 HYDROCOLLOIDS MARKET SIZE ESTIMATION: TOP-DOWN APPROACH
    2.3 DATA TRIANGULATION
           FIGURE 10 DATA TRIANGULATION METHODOLOGY
    2.4 ASSUMPTIONS FOR THE STUDY
    2.5 RESEARCH LIMITATIONS & ASSOCIATED RISKS
    2.6 MARKET SCENARIOS CONSIDERED FOR THE IMPACT OF COVID-19
           2.6.1 SCENARIO-BASED MODELING
    2.7 INTRODUCTION TO COVID-19
    2.8 COVID-19 HEALTH ASSESSMENT
           FIGURE 11 COVID-19: GLOBAL PROPAGATION
           FIGURE 12 COVID-19 PROPAGATION: SELECT COUNTRIES
    2.9 COVID-19 ECONOMIC ASSESSMENT
           FIGURE 13 REVISED GROSS DOMESTIC PRODUCT FORECASTS FOR SELECT G20 COUNTRIES IN 2020
           2.9.1 COVID-19 ECONOMIC IMPACT—SCENARIO ASSESSMENT
                    FIGURE 14 CRITERIA IMPACTING GLOBAL ECONOMY
                    FIGURE 15 SCENARIOS IN TERMS OF RECOVERY OF GLOBAL ECONOMY

3 EXECUTIVE SUMMARY (Page No. - 52)
    FIGURE 16 IMPACT OF COVID-19 ON THE HYDROCOLLOIDS MARKET SIZE, BY SCENARIO, 2020 VS. 2021 (USD BILLION)
    FIGURE 17 HYDROCOLLOIDS MARKET SIZE, BY TYPE, 2021 VS. 2026 (USD MILLION)
    FIGURE 18 HYDROCOLLOIDS MARKET SIZE, BY SOURCE, 2021 VS. 2026 (USD MILLION)
    FIGURE 19 HYDROCOLLOIDS MARKET SHARE (VALUE), BY APPLICATION, 2021 VS. 2026
    FIGURE 20 HYDROCOLLOIDS MARKET SHARE (VALUE), BY REGION, 2020

4 PREMIUM INSIGHTS (Page No. - 57)
    4.1 ATTRACTIVE OPPORTUNITIES IN THE HYDROCOLLOIDS MARKET
           FIGURE 21 GROWTH IN DEMAND FOR PREMIUM FOOD & BEVERAGE PRODUCTS TO DRIVE THE HYDROCOLLOIDS MARKET
    4.2 HYDROCOLLOIDS MARKET, BY TYPE
           FIGURE 22 GELATIN SEGMENT TO HOLD THE LARGEST MARKET SHARE DURING THE FORECAST PERIOD
    4.3 HYDROCOLLOIDS MARKET, BY FUNCTION
           FIGURE 23 THICKENERS SEGMENT TO DOMINATE THE MARKET IN 2020
    4.4 HYDROCOLLOIDS MARKET, BY APPLICATION & REGION
           FIGURE 24 NORTH AMERICA TO DOMINATE THE MARKET ACROSS FOOD & BEVERAGES AND COSMETICS & PERSONAL CARE APPLICATIONS IN 2020
    4.5 NORTH AMERICA: HYDROCOLLOIDS MARKET, BY KEY SOURCE AND COUNTRY
           FIGURE 25 ANIMAL SEGMENT AND UNITED STATES TO ACCOUNT FOR THE LARGEST SHARES OF THE NORTH AMERICAN MARKET IN 2020
    4.6 HYDROCOLLOIDS MARKET, BY KEY COUNTRY
           FIGURE 26 SOUTH AMERICA AND CHINA TO GROW AT HIGH RATES DURING THE FORECAST PERIOD
    4.7 COVID-19 IMPACT ON THE HYDROCOLLOIDS MARKET
           FIGURE 27 CHART OF PRE & POST-COVID SCENARIOS IN THE HYDROCOLLOIDS MARKET

5 MARKET OVERVIEW (Page No. - 62)
    5.1 INTRODUCTION
    5.2 MARKET DYNAMICS
           FIGURE 28 MARKET DYNAMICS: HYDROCOLLOIDS MARKET
           5.2.1 DRIVERS
                    5.2.1.1 Multifunctionality of hydrocolloids to lead to their wide range of applications
                               TABLE 2 APPLICATIONS AND FUNCTIONALITIES OF VARIOUS HYDROCOLLOIDS
                    5.2.1.2 Rise in demand for clean-label products due to a rise in health and wellness trend
                    5.2.1.3 Expansion of ready meal and convenience food industry catalyzing food hydrocolloids demand
           5.2.2 RESTRAINTS
                    5.2.2.1 Stringent regulations and international quality standards
                    5.2.2.2 Inadequate supply of raw materials and price fluctuation
           5.2.3 OPPORTUNITIES
                    5.2.3.1 Emerging markets in the Asia Pacific and Africa
                    5.2.3.2 Hydrocolloids to replace & reduce other ingredients in food products
                    5.2.3.3 Increase in investments in R&D
           5.2.4 CHALLENGES
                    5.2.4.1 Intense competition and product rivalry due to similar products
                    5.2.4.2 Unclear labeling to lead to ambiguity and uncertainty
    5.3 IMPACT OF COVID-19 ON THE MARKET DYNAMICS

6 INDUSTRY TRENDS (Page No. - 71)
    6.1 INTRODUCTION
    6.2 SUPPLY CHAIN
           FIGURE 29 PRODUCT DEVELOPMENT AND DISTRIBUTION TO PLAY A VITAL ROLE IN THE VALUE ADDITION OF THE SUPPLY CHAIN FOR HYDROCOLLOIDS
    6.3 TECHNOLOGY ANALYSIS
           6.3.1 PROTEIN HYDROLYSIS
           6.3.2 ALCOHOL PRECIPITATION
           6.3.3 CROSSLINKING OF POLYSACCHARIDES
           6.3.4 CO-GELATION
    6.4 VALUE CHAIN ANALYSIS
           FIGURE 30 HYDROCOLLOIDS MARKET: VALUE CHAIN
    6.5 ECOSYSTEM
           FIGURE 31 MARKET MAP
           6.5.1 UPSTREAM
           6.5.2 DOWNSTREAM
                    6.5.2.1 Regulatory bodies
    6.6 TRENDS/DISRUPTIONS IMPACTING THE CUSTOMER’S BUSINESS
           FIGURE 32 TRENDS/DISRUPTIONS IMPACTING THE CUSTOMER’S BUSINESS
    6.7 PORTER’S FIVE FORCES ANALYSIS
           TABLE 3 HYDROCOLLOIDS MARKET: PORTER’S FIVE FORCES ANALYSIS
           6.7.1 THREAT OF NEW ENTRANTS
           6.7.2 THREAT OF SUBSTITUTES
           6.7.3 BARGAINING POWER OF SUPPLIERS
           6.7.4 BARGAINING POWER OF BUYERS
           6.7.5 THREAT OF RIVALS
    6.8 PATENT ANALYSIS
           FIGURE 33 NUMBER OF PATENTS GRANTED FOR HYDROCOLLOIDS, 2017–2021
           FIGURE 34 REGIONAL ANALYSIS OF PATENTS GRANTED IN THE HYDROCOLLOIDS MARKET, 2017–2021
           TABLE 4 LIST OF A FEW PATENTS IN THE HYDROCOLLOIDS MARKET
    6.9 CASE STUDIES
           6.9.1 CASE STUDY 1
                    TABLE 5 FOOD HYDROCOLLOID BATCH-TO-BATCH VARIATION (USA)
           6.9.2 CASE STUDY 2
                    TABLE 6 ASSESSMENT OF NOVEL FAT REPLACER
    6.10 TRADE ANALYSIS
           FIGURE 35 IMPORTED VALUE OF HYDROCOLLOIDS OF TOP FIVE COUNTRIES
           FIGURE 36 EXPORTED VALUE OF HYDROCOLLOIDS OF TOP FIVE COUNTRIES

7 HYDROCOLLOIDS MARKET: REGULATIONS (Page No. - 86)
    7.1 INTRODUCTION
    7.2 CODEX ALIMENTARIUS
    7.3 EUROPEAN COMMISSION
           TABLE 7 LIST OF HYDROCOLLOIDS USED IN THE FOOD INDUSTRY

8 HYDROCOLLOIDS MARKET, BY TYPE (Page No. - 89)
    8.1 INTRODUCTION
           FIGURE 37 GELATIN TO LEAD THE HYDROCOLLOIDS MARKET DURING THE FORECAST PERIOD (USD MILLION)
           TABLE 8 HYDROCOLLOIDS MARKET SIZE, BY TYPE, 2016–2020 (USD MILLION)
           TABLE 9 HYDROCOLLOIDS MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
           TABLE 10 HYDROCOLLOIDS MARKET SIZE, BY TYPE, 2016–2020 (KT)
           TABLE 11 HYDROCOLLOIDS MARKET SIZE, BY TYPE, 2021–2026 (KT)
    8.2 COVID-19 IMPACT ON THE HYDROCOLLOIDS MARKET, BY TYPE
           8.2.1 OPTIMISTIC SCENARIO
                    TABLE 12 OPTIMISTIC SCENARIO: COVID-19 IMPACT ON THE HYDROCOLLOIDS MARKET SIZE, BY TYPE, 2018–2021 (USD MILLION)
           8.2.2 REALISTIC SCENARIO
                    TABLE 13 REALISTIC SCENARIO: COVID-19 IMPACT ON THE HYDROCOLLOIDS MARKET SIZE, BY TYPE, 2018–2021 (USD MILLION)
           8.2.3 PESSIMISTIC SCENARIO
                    TABLE 14 PESSIMISTIC SCENARIO: COVID-19 IMPACT ON THE HYDROCOLLOIDS MARKET SIZE, BY TYPE, 2018–2021 (USD MILLION)
    8.3 GELATIN
           8.3.1 OF ALL HYDROCOLLOIDS IN USE TODAY, GELATIN HAS PROVEN AS THE MOST POPULAR WITH THE PUBLIC AND IS USED IN A WIDE RANGE OF FOOD
                    TABLE 15 GELATIN: HYDROCOLLOIDS MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)
                    TABLE 16 GELATIN: HYDROCOLLOIDS MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
                    TABLE 17 GELATIN: HYDROCOLLOIDS MARKET SIZE, BY REGION, 2016–2020 (KT)
                    TABLE 18 GELATIN: HYDROCOLLOIDS MARKET SIZE, BY REGION, 2021–2026 (KT)
    8.4 XANTHAN GUM
           8.4.1 XANTHAN GUM THICKENS FOOD AND OTHER PRODUCTS AND ALSO PREVENTS INGREDIENTS FROM SEPARATING
                    TABLE 19 XANTHAN GUM: HYDROCOLLOIDS MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)
                    TABLE 20 XANTHAN GUM: HYDROCOLLOIDS MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
                    TABLE 21 XANTHAN GUM: HYDROCOLLOIDS MARKET SIZE, BY REGION, 2016–2020 (KT)
                    TABLE 22 XANTHAN GUM: HYDROCOLLOIDS MARKET SIZE, BY REGION, 2021–2026 (KT)
    8.5 CARRAGEENAN
           8.5.1 CARRAGEENAN CAN BE USED AS A GELATIN ALTERNATIVE AND CAN BE USED IN JELLY-BASED PRODUCTS, INCLUDING VEGAN JELLY DESSERTS
                    TABLE 23 CARRAGEENAN: HYDROCOLLOIDS MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)
                    TABLE 24 CARRAGEENAN: HYDROCOLLOIDS MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
                    TABLE 25 CARRAGEENAN: HYDROCOLLOIDS MARKET SIZE, BY REGION, 2016–2020 (KT)
                    TABLE 26 CARRAGEENAN: HYDROCLOOIDS MARKET SIZE, BY REGION, 2021–2026 (KT)
    8.6 ALGINATES
           8.6.1 IN THE FOOD INDUSTRY, ALGINATE HAS BEEN USED TO COAT FRUITS AND VEGETABLES AS A MICROBIAL AND VIRAL PROTECTION PRODUCT
                    TABLE 27 ALGINATES: HYDROCOLLOIDS MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)
                    TABLE 28 ALGINATES: HYDROCOLLOIDS MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
                    TABLE 29 ALGINATES: HYDROCOLLOIDS MARKET SIZE, BY REGION, 2016–2020 (KT)
                    TABLE 30 ALGINATES: HYDROCOLLOIDS MARKET SIZE, BY REGION, 2021–2026 (KT)
    8.7 AGAR
           8.7.1 AGAR IS INCREASINGLY PREFERRED OVER SYNTHETIC MATERIALS AND ACTS AS AN ALTERNATIVE SOURCE OF RAW MATERIALS FOR PHARMACEUTICAL APPLICATIONS
                    TABLE 31 AGAR: HYDROCOLLOIDS MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)
                    TABLE 32 AGAR: HYDROCOLLOIDS MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
                    TABLE 33 AGAR: HYDROCOLLOIDS MARKET SIZE, BY REGION, 2016–2020 (KT)
                    TABLE 34 AGAR: HYDROCOLLOIDS MARKET SIZE, BY REGION, 2021–2026 (KT)
    8.8 PECTIN
           8.8.1 BECAUSE OF THE GELLING ABILITY OF PECTIN, IT IS USED AS A VISCOSITY ENHANCER
                    TABLE 35 PECTIN: HYDROCOLLOIDS MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)
                    TABLE 36 PECTIN: HYDROCOLLOIDS MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
                    TABLE 37 PECTIN: HYDROCOLLOIDS MARKET SIZE, BY REGION, 2016–2020 (KT)
                    TABLE 38 PECTIN: HYDROCOLLOIDS MARKET SIZE, BY REGION, 2021–2026 (KT)
    8.9 GUAR GUM
           8.9.1 THE USE OF GUAR GUM IS EXPANDING EVERY DAY IN A MYRIAD OF INDUSTRIES BECAUSE OF ITS UNUSUAL NATURAL PROPERTIES
                    TABLE 39 GUAR GUM: HYDROCOLLIODS MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)
                    TABLE 40 GUAR GUM: HYDROCOLLOIDS MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
                    TABLE 41 GUAR GUM: HYDROCOLLOIDS MARKET SIZE, BY REGION, 2016–2020 (KT)
                    TABLE 42 GUAR GUM: HYDROCOLLOIDS MARKET SIZE, BY REGION, 2021–2026 (KT)
    8.10 LOCUST BEAN GUM
           8.10.1 LOCUST BEAN GUM IS HIGH IN FIBER AND MAY HELP DECREASE BLOOD SUGAR AND BLOOD FAT LEVELS
                    TABLE 43 LBG: HYDROCOLLOIDS MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)
                    TABLE 44 LBG: HYDROCOLLOIDS MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
                    TABLE 45 LBG: HYDROCOLLOIDS MARKET SIZE, BY REGION, 2016–2020 (KT)
                    TABLE 46 LBG: HYDROCOLLOIDS MARKET SIZE, BY REGION, 2021–2026 (KT)
    8.11 GUM ARABIC
           8.11.1 GUM ARABIC ACTS AS A STABILIZER, WHICH CAN HELP EXTEND A PRODUCT’S SHELF LIFE
                    TABLE 47 GUM ARABIC: HYDROCOLLOIDS MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)
                    TABLE 48 GUM ARABIC: HYDROCOLLOIDS MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
                    TABLE 49 GUM ARABIC: HYDROCCOLLOIDS MARKET SIZE, BY REGION, 2016–2020 (KT)
                    TABLE 50 GUM ARABIC: HYDROCOLLOIDS MARKET SIZE, BY REGION, 2021–2026 (KT)
    8.12 CARBOXYMETHYL CELLULOSE (CMC)
           8.12.1 CMC IS A WATER-SOLUBLE GUM THAT HAS BEEN USED FOR OVER HALF A CENTURY AS A THICKENER AND STABILIZER IN FOOD PRODUCTS
                    TABLE 51 CMC: HYDROCOLLOIDS MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)
                    TABLE 52 CMC: HYDROCOLLOIDS MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
                    TABLE 53 CMC: HYDROCOLLOIDS MARKET SIZE, BY REGION, 2016–2020 (KT)
                    TABLE 54 CMC: HYDROCOLLOIDS MARKET SIZE, BY REGION, 2021–2026 (KT)
    8.13 MICROCRYSTALLINE CELLULOSE (MCC)
           8.13.1 MCC IS AMONG THE MOST COMMONLY USED CELLULOSE DERIVATIVES IN THE FOOD INDUSTRY
                    TABLE 55 MCC: HYDROCOLLOIDS MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)
                    TABLE 56 MCC: HYDROCOLLOIDS MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
                    TABLE 57 MCC: HYDROCOLLOIDS MARKET SIZE, BY REGION, 2016–2020 (KT)
                    TABLE 58 MCC: HYDROCOLLOIDS MARKET SIZE, BY REGION, 2021–2026 (KT)

9 HYDROCOLLOIDS MARKET, BY SOURCE (Page No. - 114)
    9.1 INTRODUCTION
    FIGURE 38 ANIMAL HYDROCOLLOIDS SEGMENT TO DOMINATE THE HYDROCOLLOIDS MARKET DURING THE FORECAST PERIOD (USD MILLION)
    TABLE 59 HYDROCOLLOIDS MARKET SIZE, BY SOURCE, 2016–2020 (USD MILLION)
    TABLE 60 HYDROCOLLOIDS MARKET SIZE, BY SOURCE, 2021–2026 (USD MILLION)
    9.2 COVID-19 IMPACT ON THE HYDROCOLLOIDS MARKET, BY SOURCE
           9.2.1 OPTIMISTIC SCENARIO
                    TABLE 61 OPTIMISTIC SCENARIO: COVID-19 IMPACT ON THE HYDROCOLLOIDS MARKET SIZE, BY SOURCE, 2018–2021 (USD MILLION)
           9.2.2 REALISTIC SCENARIO
                    TABLE 62 REALISTIC SCENARIO: COVID-19 IMPACT ON THE HYDROCOLLOIDS MARKET SIZE, BY SOURCE, 2018–2021 (USD MILLION)
           9.2.3 PESSIMISTIC SCENARIO
                    TABLE 63 PESSIMISTIC SCENARIO: COVID-19 IMPACT ON THE HYDROCOLLOIDS MARKET SIZE, BY SOURCE, 2018–2021 (USD MILLION)
    9.3 BOTANICAL
           9.3.1 BOTANICAL HYDROCOLLOIDS ARE ‘LABEL-FRIENDLY’ AND CONSIDERED A SAFE OPTION AGAINST SYNTHETIC ADDITIVES
                    TABLE 64 BOTANICAL: HYDROCOLLOIDS MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)
                    TABLE 65 BOTANICAL: HYDROCOLLOIDS MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
    9.4 MICROBIAL
           9.4.1 ANTIOXIDANTS MICROBIAL POLYSACCHARIDES CAN SERVE AS RENEWABLE SOURCES FOR HYDROCOLLOIDS USED IN FOOD, PHARMACEUTICALS, AND OTHER INDUSTRIAL APPLICATIONS
                    TABLE 66 MICROBIAL: HYDROCOLLOIDS MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)
                    TABLE 67 MICROBIAL: HYDROCOLLOIDS MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
    9.5 ANIMAL
           9.5.1 GELATIN FROM ANIMAL-DERIVED COLLAGEN IS A TRADITIONAL HYDROCOLLOID OCCUPYING A MAJOR MARKET SHARE
                    TABLE 68 ANIMAL: HYDROCOLLOIDS MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)
                    TABLE 69 ANIMAL: HYDROCOLLOIDS MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
    9.6 SEAWEED
           9.6.1 HIGH-VALUE SEAWEED HYDROCOLLOIDS ARE USED AS THICKENING AGENTS IN DIFFERENT FOOD ITEMS, PHARMACEUTICALS, AND BIOTECHNOLOGICAL APPLICATIONS
                    TABLE 70 SEAWEED: HYDROCOLLOIDS MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)
                    TABLE 71 SEAWEED: HYDROCOLLOIDS MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
    9.7 SYNTHETIC
           9.7.1 RESISTANCE TO MICROBIAL DEGRADATION IS A MAJOR ADVANTAGE OF SYNTHETIC HYDROCOLLOIDS OVER NATURAL HYDROCOLLOIDS
                    TABLE 72 SYNTHETIC: HYDROCOLLOIDS MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)
                    TABLE 73 SYNTHETIC: HYDROCOLLOIDS MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)

10 HYDROCOLLOIDS MARKET, BY FUNCTION (Page No. - 124)
     10.1 INTRODUCTION
               FIGURE 39 THICKENERS SEGMENT TO DOMINATE THE HYDROCOLLOIDS MARKET DURING THE FORECAST PERIOD (USD MILLION)
               TABLE 74 HYDROCOLLOIDS MARKET SIZE, BY FUNCTION, 2016–2020 (USD MILLION)
               TABLE 75 HYDROCOLLOIDS MARKET SIZE, BY FUNCTION, 2021–2026 (USD MILLION)
     10.2 THICKENERS
             10.2.1 AS THICKENING AGENTS, HYDROCOLLOIDS FIND APPLICATIONS IN SOUPS, SALAD DRESSINGS, GRAVIES, SAUCES, AND TOPPINGS
                       TABLE 76 HYDROCOLLOIDS USED AS THICKENING AGENTS
                       TABLE 77 THICKENERS: HYDROCOLLOIDS MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)
                       TABLE 78 THICKENERS: HYDROCOLLOIDS MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
     10.3 STABILIZERS
             10.3.1 HYDROCOLLOIDS ACT AS STABILIZERS IN DAIRY PRODUCTS, BEVERAGES, AND DESSERTS
                       TABLE 79 STABILIZERS: HYDROCOLLOIDS MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)
                       TABLE 80 STABILIZERS: HYDROCOLLOIDS MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
     10.4 GELLING AGENTS
             10.4.1 HYDROCOLLOID GELATION IS USED IN VARIOUS FOOD APPLICATIONS, AS THESE COMBINE MACROSCOPIC STRUCTURE FORMATION WITH AN ABILITY TO FLOW AND OFTEN HAVE A SOFT SOLID TEXTURE
                       TABLE 81 HYDROCOLLOIDS USED AS GELLING AGENTS
                       TABLE 82 GELLING AGENTS: HYDROCOLLOIDS MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)
                       TABLE 83 GELLING AGENTS: HYDROCOLLOIDS MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
     10.5 FAT REPLACERS
             10.5.1 CONSUMERS NOW PREFER EATING REDUCED-FAT PRODUCTS IN THEIR ROUTINE DIET
                       TABLE 84 FAT REPLACERS: HYDROCOLLOIDS MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)
                       TABLE 85 FAT REPLACERS: HYDROCOLLOIDS MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
     10.6 COATING MATERIALS
             10.6.1 HYDROCOLLOIDS ARE EXTENSIVELY USED IN EDIBLE FILM-FORMING FUNCTIONS
                       TABLE 86 COATING MATERIALS: HYDROCOLLOIDS MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)
                       TABLE 87 COATING MATERIALS: HYDROCOLLOIDS MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
     10.7 OTHER FUNCTIONS
             10.7.1 HYDROCOLLOIDS ARE ALSO GAINING POPULARITY AS EMULSIFIERS AND MOISTURE-BINDING AGENTS IN FOOD APPLICATIONS
                       TABLE 88 OTHER FUNCTIONS: HYDROCOLLOIDS MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)
                       TABLE 89 OTHER FUNCTIONS: HYDROCOLLOIDS MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)

11 HYDROCOLLOIDS MARKET, BY APPLICATION (Page No. - 135)
     11.1 INTRODUCTION
               FIGURE 40 FOOD & BEVERAGES SEGMENT BY APPLICATION TO DOMINATE THE HYDROCOLLOIDS MARKET DURING THE FORECAST PERIOD
               TABLE 90 HYDROCOLLOIDS MARKET SIZE, BY APPLICATION, 2016–2020 (USD MILLION)
               TABLE 91 HYDROCOLLOIDS MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
               TABLE 92 HYDROCOLLOIDS MARKET SIZE, BY APPLICATION, 2016–2020 (KT)
               TABLE 93 HYDROCOLLOIDS MARKET SIZE, BY APPLICATION, 2021–2026 (KT)
     11.2 COVID-19 IMPACT ON THE HYDROCOLLOIDS MARKET, BY APPLICATION
             11.2.1 OPTIMISTIC SCENARIO
                       TABLE 94 OPTIMISTIC SCENARIO: COVID-19 IMPACT ON THE HYDROCOLLOIDS MARKET SIZE, BY APPLICATION, 2018–2021 (USD MILLION)
             11.2.2 REALISTIC SCENARIO
                       TABLE 95 REALISTIC SCENARIO: COVID-19 IMPACT ON THE HYDROCOLLOIDS MARKET SIZE, BY APPLICATION, 2018–2021 (USD MILLION)
             11.2.3 PESSIMISTIC SCENARIO
                       TABLE 96 PESSIMISTIC SCENARIO: COVID-19 IMPACT ON THE HYDROCOLLOIDS MARKET SIZE, BY APPLICATION, 2018–2021 (USD MILLION)
     11.3 FOOD & BEVERAGES
             11.3.1 HYDROCOLLOIDS CAN PARTIALLY REPLACE FAT BY USING STARCHES DISSOLVED IN WATER THAT CREATE STABLE GELS THAT ALSO ENHANCE VISCOSITY
                       TABLE 97 FOOD & BEVERAGES: HYDROCOLLOIDS MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)
                       TABLE 98 FOOD & BEVERAGES: HYDROCOLLOIDS MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
                       TABLE 99 FOOD & BEVERAGES: HYDROCOLLOIDS MARKET SIZE, BY REGION, 2016–2020 (KT)
                       TABLE 100 FOOD & BEVERAGES: HYDROCOLLOIDS MARKET SIZE, BY REGION, 2021–2026 (KT)
             11.3.2 BAKERY & CONFECTIONERY
                       11.3.2.1 Hydrocolloids are widely used to improve the quality of bakery products by providing texture, stability, and extended shelf-life
             11.3.3 MEAT & POULTRY PRODUCTS
                       11.3.3.1 Hydrocolloids improve the cooking yield, texture, and slice characteristics
             11.3.4 SAUCES & DRESSINGS
                       11.3.4.1 Hydrocolloids are used in many sauces and dressing applications
             11.3.5 DAIRY PRODUCTS
                       11.3.5.1 Food hydrocolloids are used as stabilizers, thickeners, and gelling agents in various dairy & frozen food products
             11.3.6 OTHERS
                       11.3.6.1 Hydrocolloids are used in various other applications, such as baby food, beverages, and prepared foods
     11.4 COSMETICS & PERSONAL CARE PRODUCTS
             11.4.1 HYDROCOLLOIDS ARE USED IN COSMETICS AND PERSONAL CARE WATER-BASED APPLICATIONS AS VISCOSITY CONTROL AGENTS DUE TO THEIR THICKENING AND GELLING PROPERTIES AND WATER-BINDING ABILITY
                       TABLE 101 COSMETICS & PERSONAL CARE PRODUCTS: HYDROCOLLOIDS MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)
                       TABLE 102 COSMETICS & PERSONAL CARE PRODUCTS: HYDROCOLLOIDS MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
                       TABLE 103 COSMETICS & PERSONAL CARE PRODUCTS: HYDROCOLLOIDS MARKET SIZE, BY REGION, 2016–2020 (KT)
                       TABLE 104 COSMETICS & PERSONAL CARE PRODUCTS: HYDROCOLLOIDS MARKET SIZE, BY REGION, 2021–2026 (KT)
     11.5 PHARMACEUTICLAS
             11.5.1 THE NATURALLY OCCURRING HYDROCOLLOIDS HAVE A WIDE POTENTIAL IN DRUG FORMULATION DUE TO THEIR EXTENSIVE APPLICATION AS FOOD ADDITIVES AND THEIR RECOGNIZED LACK OF TOXICITY
                       TABLE 105 PHARMACEUTICALS: HYDROCOLLOIDS MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)
                       TABLE 106 PHARMACEUTICALS: HYDROCOLLOIDS MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
                       TABLE 107 PHARMACEUTICALS: HYDROCOLLOIDS MARKET SIZE, BY REGION, 2016–2020 (KT)
                       TABLE 108 PHARMACEUTICALS: HYDROCOLLOIDS MARKET SIZE, BY REGION, 2021–2026 (KT)

12 HYDROCOLLOIDS MARKET, BY REGION (Page No. - 147)
     12.1 INTRODUCTION
               TABLE 109 HYDROCOLLOIDS MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)
               TABLE 110 HYDROCOLLOIDS MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
               TABLE 111 HYDROCOLLOIDS MARKET SIZE, BY REGION, 2016–2020 (KT)
               TABLE 112 HYDROCOLLOIDS MARKET SIZE, BY REGION, 2021–2026 (KT)
     12.2 COVID-19 IMPACT ON THE HYDROCOLLOIDS MARKET, BY REGION
             12.2.1 OPTIMISTIC SCENARIO
                       TABLE 113 OPTIMISTIC SCENARIO: COVID-19 IMPACT ON THE HYDROCOLLOIDS MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)
             12.2.2 REALISTIC SCENARIO
                       TABLE 114 REALISTIC SCENARIO: COVID-19 IMPACT ON THE HYDROCOLLOIDS MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)
             12.2.3 PESSIMISTIC SCENARIO
                       TABLE 115 PESSIMISTIC SCENARIO: COVID-19 IMPACT ON THE HYDROCOLLOIDS MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)
     12.3 NORTH AMERICA
               FIGURE 41 US TO DOMINATE THE NORTH AMERICAN HYDROCOLLOIDS MARKET
               TABLE 116 NORTH AMERICA: HYDROCOLLOIDS MARKET SIZE, BY COUNTRY, 2016–2020 (USD MILLION)
               TABLE 117 NORTH AMERICA: HYDROCOLLOIDS MARKET SIZE, BY COUNTRY, 2021–2026 (USD MILLION)
               TABLE 118 NORTH AMERICA: HYDROCOLLOIDS MARKET SIZE, BY COUNTRY, 2016–2020 (KT)
               TABLE 119 NORTH AMERICA: HYDROCOLLOIDS MARKET SIZE, BY COUNTRY, 2021–2026 (KT)
               TABLE 120 NORTH AMERICA: HYDROCOLLOIDS MARKET SIZE, BY TYPE, 2016–2020 (USD MILLION)
               TABLE 121 NORTH AMERICA: HYDROCOLLOIDS MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
               TABLE 122 NORTH AMERICA: HYDROCOLLOIDS MARKET SIZE, BY TYPE, 2016–2020 (KT)
               TABLE 123 NORTH AMERICA: HYDROCOLLOIDS MARKET SIZE, BY TYPE, 2021–2026 (KT)
               TABLE 124 NORTH AMERICA: HYDROCOLLOIDS MARKET SIZE, BY APPLICATION,  2016–2020 (USD MILLION)
               TABLE 125 NORTH AMERICA: HYDROCOLLOIDS MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
               TABLE 126 NORTH AMERICA: HYDROCOLLOIDS MARKET SIZE, BY APPLICATION, 2016–2020 (KT)
               TABLE 127 NORTH AMERICA: HYDROCOLLOIDS MARKET SIZE, BY APPLICATION, 2021–2026 (KT)
               TABLE 128 NORTH AMERICA: HYDROCOLLOIDS MARKET SIZE, BY SOURCE, 2016–2020 (USD MILLION)
               TABLE 129 NORTH AMERICA: HYDROCOLLOIDS MARKET SIZE, BY SOURCE, 2021–2026 (USD MILLION)
               TABLE 130 NORTH AMERICA: HYDROCOLLOIDS MARKET SIZE, BY FUNCTION, 2016–2020 (USD MILLION)
               TABLE 131 NORTH AMERICA: HYDROCOLLOIDS MARKET SIZE, BY FUNCTION, 2021–2026 (USD MILLION)
             12.3.1 US
                       12.3.1.1 Higher demand for low-fat food products to drive the hydrocolloids market growth in terms of value sales
                                   TABLE 132 US: HYDROCOLLOIDS MARKET SIZE, BY APPLICATION, 2016–2020 (USD MILLION)
                                   TABLE 133 US: HYDROCOLLOIDS MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
             12.3.2 CANADA
                       12.3.2.1 Substantial growth of functional food segment to trigger demand for different hydrocolloids in the country
                                   TABLE 134 CANADA: HYDROCOLLOIDS MARKET SIZE, BY APPLICATION, 2016–2020 (USD MILLION)
                                   TABLE 135 CANADA: HYDROCOLLOIDS MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
             12.3.3 MEXICO
                       12.3.3.1 Rise in consumption of dairy products in Mexico to help drive the market growth
                                   TABLE 136 MEXICO: HYDROCOLLOIDS MARKET SIZE, BY APPLICATION, 2016–2020 (USD MILLION)
                                   TABLE 137 MEXICO: HYDROCOLLOIDS MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
     12.4 EUROPE
               TABLE 138 EUROPE: HYDROCOLLOIDS MARKET SIZE, BY COUNTRY, 2016–2020 (USD MILLION)
               TABLE 139 EUROPE: HYDROCOLLOIDS MARKET SIZE, BY COUNTRY, 2021–2026 (USD MILLION)
               TABLE 140 EUROPE: HYDROCOLLOIDS MARKET SIZE, BY COUNTRY, 2016–2020 (KT)
               TABLE 141 EUROPE: HYDROCOLLOIDS MARKET SIZE, BY COUNTRY, 2021–2026 (KT)
               TABLE 142 EUROPE: HYDROCOLLOIDS MARKET SIZE, BY TYPE, 2016–2020 (USD MILLION)
               TABLE 143 EUROPE: HYDROCOLLOIDS MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
               TABLE 144 EUROPE: HYDROCOLLOIDS MARKET SIZE, BY TYPE, 2016–2020 (KT)
               TABLE 145 EUROPE: HYDROCOLLOIDS MARKET SIZE, BY TYPE, 2021–2026 (KT)
               TABLE 146 EUROPE: HYDROCOLLOIDS MARKET SIZE, BY APPLICATION, 2016–2020 (USD MILLION)
               TABLE 147 EUROPE: HYDROCOLLOIDS MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
               TABLE 148 EUROPE: HYDROCOLLOIDS MARKET SIZE, BY APPLICATION, 2016–2020 (KT)
               TABLE 149 EUROPE: HYDROCOLLOIDS MARKET SIZE, BY APPLICATION, 2021–2026 (KT)
               TABLE 150 EUROPE: HYDROCOLLOIDS MARKET SIZE, BY SOURCE, 2016–2020 (USD MILLION)
               TABLE 151 EUROPE: HYDROCOLLOIDS MARKET SIZE, BY SOURCE, 2021–2026 (USD MILLION)
               TABLE 152 EUROPE: HYDROCOLLOIDS MARKET SIZE, BY FUNCTION, 2016–2020 (USD MILLION)
               TABLE 153 EUROPE: HYDROCOLLOIDS MARKET SIZE, BY FUNCTION, 2021–2026 (USD MILLION)
             12.4.1 GERMANY
                       12.4.1.1 The increase in consumption of different baked goods to drive the market of hydrocolloids in Germany
                                   TABLE 154 GERMANY: HYDROCOLLOIDS MARKET SIZE, BY APPLICATION, 2016–2020 (USD MILLION)
                                   TABLE 155 GERMANY: HYDROCOLLOIDS MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
             12.4.2 UK
                       12.4.2.1 The presence of a large food sector as well as cosmetic industry to propel the growth of the hydrocolloids market in the UK
                                   TABLE 156 UK: HYDROCOLLOIDS MARKET SIZE, BY APPLICATION, 2016–2020 (USD MILLION)
                                   TABLE 157 UK: HYDROCOLLOIDS MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
             12.4.3 FRANCE
                       12.4.3.1 The high consumption of confectionery products to drive hydrocolloids’ use in Germany
                                   TABLE 158 FRANCE: HYDROCOLLOIDS MARKET SIZE, BY APPLICATION, 2016–2020 (USD MILLION)
                                   TABLE 159 FRANCE: HYDROCOLLOIDS MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
             12.4.4 ITALY
                       12.4.4.1 The wide presence of the dairy sector in the country and increased production of ice cream to increase the use of hydrocolloids
                                   TABLE 160 ITALY: HYDROCOLLOIDS MARKET SIZE, BY APPLICATION, 2016–2020 (USD MILLION)
                                   TABLE 161 ITALY: HYDROCOLLOIDS MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
             12.4.5 SPAIN
                       12.4.5.1 Demand for healthier processed food to increase the demand for natural hydrocolloids in the region
                                   TABLE 162 SPAIN: HYDROCOLLOIDS MARKET SIZE, BY APPLICATION, 2016–2020 (USD MILLION)
                                   TABLE 163 SPAIN: HYDROCOLLOIDS MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
             12.4.6 REST OF EUROPE
                       TABLE 164 REST OF EUROPE: HYDROCOLLOIDS MARKET SIZE, BY APPLICATION, 2016–2020 (USD MILLION)
                       TABLE 165 REST OF EUROPE: HYDROCOLLOIDS MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
     12.5 ASIA PACIFIC
               TABLE 166 ASIA PACIFIC: HYDROCOLLOIDS MARKET SIZE, BY COUNTRY, 2016–2020 (USD MILLION)
               TABLE 167 ASIA PACIFIC: HYDROCOLLOIDS MARKET SIZE, BY COUNTRY, 2021–2026 (USD MILLION)
               TABLE 168 ASIA PACIFIC: HYDROCOLLOIDS MARKET SIZE, BY COUNTRY, 2016–2020 (KT)
               TABLE 169 ASIA PACIFIC: HYDROCOLLOIDS MARKET SIZE, BY COUNTRY, 2021–2026 (KT)
               TABLE 170 ASIA PACIFIC: HYDROCOLLOIDS MARKET SIZE, BY TYPE,  2016–2020 (USD MILLION)
               TABLE 171 ASIA PACIFIC: HYDROCOLLOIDS MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
               TABLE 172 ASIA PACIFIC: HYDROCOLLOIDS MARKET SIZE, BY TYPE, 2016–2020 (KT)
               TABLE 173 ASIA PACIFIC: HYDROCOLLOIDS MARKET SIZE, BY TYPE, 2021–2026 (KT)
               TABLE 174 ASIA PACIFIC: HYDROCOLLOIDS MARKET SIZE, BY APPLICATION, 2016–2020 (USD MILLION)
               TABLE 175 ASIA PACIFIC: HYDROCOLLOIDS MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
               TABLE 176 ASIA PACIFIC: HYDROCOLLOIDS MARKET SIZE, BY APPLICATION, 2016–2020 (KT)
               TABLE 177 ASIA PACIFIC: HYDROCOLLOIDS MARKET SIZE, BY APPLICATION, 2021–2026 (KT)
               TABLE 178 ASIA PACIFIC: HYDROCOLLOIDS MARKET SIZE, BY SOURCE, 2016–2020 (USD MILLION)
               TABLE 179 ASIA PACIFIC: HYDROCOLLOIDS MARKET SIZE, BY SOURCE, 2021–2026 (USD MILLION)
               TABLE 180 ASIA PACIFIC: HYDROCOLLOIDS MARKET SIZE, BY FUNCTION, 2016–2020 (USD MILLION)
               TABLE 181 ASIA PACIFIC: HYDROCOLLOIDS MARKET SIZE, BY FUNCTION, 2021–2026 (USD MILLION)
             12.5.1 CHINA
                       12.5.1.1 The rise in demand for healthy beverages and dairy products in China to drive the market growth of hydrocolloids
                                   TABLE 182 CHINA: HYDROCOLLOIDS MARKET SIZE, BY APPLICATION, 2016–2020 (USD MILLION)
                                   TABLE 183 CHINA: HYDROCOLLOIDS MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
             12.5.2 JAPAN
                       12.5.2.1 The demand for variety of Japanese beverages to drive the market for hydrocolloids in the country
                                   TABLE 184 JAPAN: HYDROCOLLOIDS MARKET SIZE, BY APPLICATION, 2016–2020 (USD MILLION)
                                   TABLE 185 JAPAN: HYDROCOLLOIDS MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
             12.5.3 AUSTRALIA & NEW ZEALAND
                       12.5.3.1 Different types of beverages consumed by Australians to demand different preservatives for manufacturing them
                                   TABLE 186 AUSTRALIA & NEW ZEALAND: HYDROCOLLOIDS MARKET SIZE, BY APPLICATION, 2016–2020 (USD MILLION)
                                   TABLE 187 AUSTRALIA & NEW ZEALAND: HYDROCOLLOIDS MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
             12.5.4 INDIA
                       12.5.4.1 Increase in demand for healthy processed food products in India to increase the demand for hydrocolloids
                                   TABLE 188 INDIA: HYDROCOLLOIDS MARKET SIZE, BY APPLICATION, 2016–2020 (USD MILLION)
                                   TABLE 189 INDIA: HYDROCOLLOIDS MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
             12.5.5 REST OF ASIA PACIFIC
                       TABLE 190 REST OF ASIA PACIFIC: HYDROCOLLOIDS MARKET SIZE, BY APPLICATION, 2016–2020 (USD MILLION)
                       TABLE 191 REST OF ASIA PACIFIC: HYDROCOLLOIDS MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
     12.6 REST OF WORLD (ROW)
               TABLE 192 ROW: HYDROCOLLOIDS MARKET SIZE, BY SUB-REGION, 2016–2020 (USD MILLION)
               TABLE 193 ROW: HYDROCOLLOIDS MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
               TABLE 194 ROW: HYDROCOLLOIDS MARKET SIZE, BY SUB-REGION, 2016–2020 (KT)
               TABLE 195 ROW: HYDROCOLLOIDS MARKET SIZE, BY SUB-REGION, 2021–2026 (KT)
               TABLE 196 ROW: HYDROCOLLOIDS MARKET SIZE, BY TYPE, 2016–2020 (USD MILLION)
               TABLE 197 ROW HYDROCOLLOIDS MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
               TABLE 198 ROW: HYDROCOLLOIDS MARKET SIZE, BY TYPE, 2016–2020 (KT)
               TABLE 199 ROW: HYDROCOLLOIDS MARKET SIZE, BY TYPE, 2021–2026 (KT)
               TABLE 200 ROW: HYDROCOLLOIDS MARKET SIZE, BY APPLICATION, 2016–2020 (USD MILLION)
               TABLE 201 ROW: HYDROCOLLOIDS MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
               TABLE 202 ROW: HYDROCOLLOIDS MARKET SIZE, BY APPLICATION, 2016–2020 (KT)
               TABLE 203 ROW: HYDROCOLLOIDS MARKET SIZE, BY APPLICATION, 2021–2026 (KT)
               TABLE 204 ROW: HYDROCOLLOIDS MARKET SIZE, BY SOURCE, 2016–2020 (USD MILLION)
               TABLE 205 ROW: HYDROCOLLOIDS MARKET SIZE, BY SOURCE, 2021–2026 (USD MILLION)
               TABLE 206 ROW: HYDROCOLLOIDS MARKET SIZE, BY FUNCTION, 2016–2020 (USD MILLION)
               TABLE 207 ROW: HYDROCOLLOIDS MARKET SIZE, BY FUNCTION, 2021–2026 (USD MILLION)
             12.6.1 MIDDLE EAST & AFRICA
                       12.6.1.1 The rising demand for nutritional labeling to increase the demand for natural hydrocolloids
                                   TABLE 208 MIDDLE EAST & AFRICA: HYDROCOLLOIDS MARKET SIZE, BY APPLICATION, 2016–2020 (USD MILLION)
                                   TABLE 209 MIDDLE EAST & AFRICA: HYDROCOLLOIDS MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
             12.6.2 SOUTH AMERICA
                       12.6.2.1 Gradual increase in purchasing power of Argentinians and Brazilians to increase consumption of convenience food
                                   TABLE 210 SOUTH AMERICA: HYDROCOLLOIDS MARKET SIZE, BY APPLICATION, 2016–2020 (USD MILLION)
                                   TABLE 211 SOUTH AMERICA: HYDROCOLLOIDS MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)

13 COMPETITIVE LANDSCAPE (Page No. - 196)
     13.1 OVERVIEW
     13.2 MARKET SHARE ANALYSIS, 2020
               TABLE 212 IFF NUTRITION & BIOSCIENCES TO DOMINATE THE HYDROCOLLOIDS MARKET IN 2020
               FIGURE 42 REVENUE ANALYSIS OF KEY PLAYERS IN THE HYDROCOLLOIDS MARKET, 2018-2020 (USD MILLION)
     13.3 COMPANY EVALUATION MATRIX: DEFINITION & METHODOLOGY
             13.3.1 STAR
             13.3.2 EMERGING LEADERS
             13.3.3 PERVASIVE
             13.3.4 PARTICIPANTS
                       FIGURE 43 HYDROCOLLOIDS MARKET: COMPANY EVALUATION QUADRANT, 2020 (OVERALL MARKET)
     13.4 COMPANY EVALUATION MATRIX: DEFINITION & METHODOLOGY (FOR STARTUPS/SMES)
             13.4.1 PROGRESSIVE COMPANIES
             13.4.2 STARTING BLOCKS
             13.4.3 RESPONSIVE COMPANIES
             13.4.4 DYNAMIC COMPANIES
                       FIGURE 44 HYDROCOLLOIDS MARKET: COMPANY EVALUATION QUADRANT FOR STARTUPS/SMES, 2020
     13.5 PRODUCT FOOTPRINT
               TABLE 213 HYDROCOLLOIDS MARKET: COMPANY TYPE FOOTPRINT (BY APPLICATION)
               TABLE 214 HYDROCOLLOIDS MARKET: COMPANY REGION FOOTPRINT
               TABLE 215 HYDROCOLLOIDS MARKET: PRODUCT FOOTPRINT (OVERALL)
     13.6 MARKET EVALUATION FRAMEWORK
               TABLE 216 OVERVIEW OF STRATEGIES DEPLOYED BY HYDROCOLLOIDS COMPANIES
     13.7 COMPETITIVE SCENARIO
             13.7.1 NEW PRODUCT LAUNCHES
                       TABLE 217 HYDROCOLLOIDS MARKET: NEW PRODUCT LAUNCHES, MAY 2021
             13.7.2 DEALS
                       TABLE 218 HYDROCOLLOIDS MARKET: DEALS, DECEMBER 2019-FEBRUARY 2020
             13.7.3 OTHERS
                       TABLE 219 HYDROCOLLOIDS MARKET: INVESTMENTS & EXPANSIONS, JANUARY 2018–SEPTEMBER 2021

14 COMPANY PROFILES (Page No. - 209)
     14.1 KEY PLAYERS
(Business overview, Products offered, Recent Developments, MNM view)*
             14.1.1 IFF NUTRITION & BIOSCIENCES
                       TABLE 220 IFF NUTRITION & BIOSCIENCES- BUSINESS OVERVIEW
                       FIGURE 45 IFF NUTRITION & BIOSCIENCES: COMPANY SNAPSHOT
                       TABLE 221 IFF NUTRITION & BIOSCIENCES: DEALS
                       TABLE 222 IFF NUTRITION & BIOSCIENCES: OTHERS
             14.1.2 INGREDION INCORPORATED
                       TABLE 223 INGREDION INCORPORATED: BUSINESS OVERVIEW
                       FIGURE 46 INGREDION INCORPORATED: COMPANY SNAPSHOT
             14.1.3 CARGILL, INCORPORATED.
                       TABLE 224 CARGILL, INCORPORATED.: BUSINESS OVERVIEW
                       FIGURE 47 CARGILL, INCORPORATED.: COMPANY SNAPSHOT
                       TABLE 225 CARGILL, INCORPORATED.: OTHERS
             14.1.4 KERRY GROUP
                       TABLE 226 KERRY GROUP: BUSINESS OVERVIEW
                       FIGURE 48 KERRY GROUP: COMPANY SNAPSHOT
                       TABLE 227 KERRY GROUP: OTHERS
             14.1.5 ARCHER DANIELS MIDLAND COMPANY (ADM)
                       TABLE 228 ARCHER DANIELS MIDLAND COMPANY - BUSINESS OVERVIEW
                       FIGURE 49 ARCHER DANIELS MIDLAND COMPANY: COMPANY SNAPSHOT
                       TABLE 229 ARCHER DANIELS MIDLAND COMPANY: OTHERS
             14.1.6 PALSGAARD
                       TABLE 230 PALSGAARD: BUSINESS OVERVIEW
                       TABLE 231 PALSGAARD: DEALS
                       TABLE 232 PALSGAARD: OTHERS
             14.1.7 DARLING INGREDIENTS INC
                       TABLE 233 DARLING INGREDIENTS INC: BUSINESS OVERVIEW
                       FIGURE 50 DARLING INGREDIENTS INC: COMPANY SNAPSHOT
                       TABLE 234 DARLING INGREDIENTS INC: NEW PRODUCT LAUNCHES
             14.1.8 KONINKLIJKE DSM NV.
                       TABLE 235 KONINKLIJKE DSM N.V.: BUSINESS OVERVIEW
                       FIGURE 51 KONINKLIJKE DSM N.V.: COMPANY SNAPSHOT
             14.1.9 ASHLAND
                       TABLE 236 ASHLAND - BUSINESS OVERVIEW
                       FIGURE 52 ASHLAND: COMPANY SNAPSHOT
             14.1.10 TATE & LYLE
                       TABLE 237 TATE & LYLE: BUSINESS OVERVIEW
                       FIGURE 53 TATE & LYLE: COMPANY SNAPSHOT
                       TABLE 238 TATE & LYLE: OTHERS
             14.1.11 CP KELCO
                       TABLE 239 CP KELCO – BUSINESS OVERVIEW
                       TABLE 240 CP KELCO: OTHERS
             14.1.12 NEXIRA
                       TABLE 241 NEXIRA - BUSINESS OVERVIEW
             14.1.13 DEOSEN
                       TABLE 242 DEOSEN - BUSINESS OVERVIEW
             14.1.14 EST-AGAR AS
                       TABLE 243 EST-AGAR AS - BUSINESS OVERVIEW
             14.1.15 EXANDAL CORP
                       TABLE 244 EXANDAL CORP - BUSINESS OVERVIEW
             14.1.16 FUFENG GROUP
                       TABLE 245 FUFENG GROUP - BUSINESS OVERVIEW
                       FIGURE 54 FUFENG GROUP: COMPANY SNAPSHOT
             14.1.17 BASF SE
                       TABLE 246 BASF SE: BUSINESS OVERVIEW
                       FIGURE 55 BASF SE: COMPANY SNAPSHOT
             14.1.18 INDIAN HYDROCOLLOIDS
                       TABLE 247 INDIAN HYDROCOLLOIDS - BUSINESS OVERVIEW
             14.1.19 LUCID COLLOIDS LTD
                       TABLE 248 LUCID COLLOIDS LTD - BUSINESS OVERVIEW
             14.1.20 SUNITA HYDROCOLLOIDS PVT LTD
                       TABLE 249 SUNITA HYDROCOLLOIDS PVT LTD - BUSINESS OVERVIEW
*Details on Business overview, Products offered, Recent Developments, MNM view might not be captured in case of unlisted companies.
     14.2 OTHER PLAYERS
             14.2.1 BHANSALI INTERNATIONAL
             14.2.2 B & V SRL
             14.2.3 ALTRAFINE GUMS
             14.2.4 AGARMEX
             14.2.5 AGAR DEL PACIFICO S.A.

15 ADJACENT & RELATED MARKETS (Page No. - 258)
     15.1 INTRODUCTION
     15.2 LIMITATIONS
     15.3 FOOD EMULSIFIERS MARKET
             15.3.1 MARKET DEFINITION
             15.3.2 MARKET OVERVIEW
             15.3.3 FOOD EMULSIFIERS MARKET, BY APPLICATION
                       TABLE 250 FOOD EMULSIFIERS MARKET SIZE, BY APPLICATION, 2020–2025 (USD MILLION)
             15.3.4 FOOD EMULSIFIERS MARKET, BY REGION
                       TABLE 251 FOOD EMULSIFIERS MARKET SIZE, BY REGION, 2020–2025 (USD MILLION)
     15.4 PECTIN MARKET
             15.4.1 LIMITATIONS
             15.4.2 MARKET DEFINITION
             15.4.3 MARKET OVERVIEW
             15.4.4 PECTIN MARKET, BY TYPE
                       TABLE 252 PECTIN MARKET SIZE, BY TYPE, 2017–2025 (USD MILLION)
                       TABLE 253 PECTIN MARKET SIZE, BY TYPE, 2017–2025 (KT)
             15.4.5 PECTIN MARKET, BY REGION
                       15.4.5.1 Introduction
                                   TABLE 254 PECTIN MARKET SIZE, BY REGION, 2017–2025 (USD MILLION)
                                   TABLE 255 PECTIN MARKET SIZE, BY REGION, 2017–2025 (KT)

16 APPENDIX (Page No. - 264)
     16.1 DISCUSSION GUIDE
     16.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
     16.3 AVAILABLE CUSTOMIZATIONS
     16.4 RELATED REPORTS
     16.5 AUTHOR DETAILS

The study involves four major activities to estimate the current market size of the hydrocolloids market. Exhaustive secondary research was done to collect information on the market, peer market, and parent market. These findings, assumptions, and market sizes were validated with industry experts across the value chain through primary research. Both the top-down and bottom-up approaches were employed to estimate the complete market size. After that, the market breakdown and data triangulation approaches were used to estimate the market size of various segments and subsegments.

Secondary Research

In the secondary research process, various secondary sources such as the Food and Agriculture organization (FAO), United States Department of Agriculture (USDA), European Commission, Hoovers, Bloomberg BusinessWeek, and Dun & Bradstreet were referred to identify and collect information for this study. These secondary sources included annual reports, press releases & investor presentations of companies, white papers, certified publications, articles by recognized authors, food safety organizations, regulatory bodies, and trade directories.

Primary Research

The hydrocolloids market comprises several stakeholders such as in the Supply-side: hydrocolloids producers, suppliers, distributors, importers, and exporters, and in the Demand-side: processed food product manufacturers, food and beverage manufacturers, cosmetic producting companies, and research organizations. Regulatory-side: Related government authorities, commercial research & development (R&D) institutions, FDA, EFSA, USDA, FSANZ, EUFIC government agencies & NGOs, and other regulatory bodies, Food product consumers, Regulatory bodies, including government agencies and NGOs, Commercial research & development (R&D) institutions and financial institutions, Government and research organizations

Various primary sources from both the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information. Following is the breakdown of primary respondents:

Hydrocolloids Market  Size, and Share

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

Both the top-down and bottom-up approaches were used to estimate and validate the total size of the hydrocolloids market. The research methodology used to estimate the market size includes the following:

  • The key players were identified through extensive secondary research.
  • The industry’s supply chain and market size were determined through primary and secondary research.
  • All percentage shares splits, and breakdowns were determined using secondary sources and verified through primary sources.
  • All the possible parameters that affect the markets covered in this research study were accounted for, viewed in extensive detail, verified through primary research, and analyzed to obtain the final quantitative and qualitative data.

Hydrocolloids Ingredients Market Size: Bottom-Up Approach

  • With the bottom-up approach, hydrocolloids for each type, form, and application were added to arrive at the global and regional market size and CAGR.
  • The pricing analysis was conducted based on types in regions. From this, we derived the market sizes, in terms of volume, for each region and type of hydrocolloids .
  • All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources.
  • The bottom-up procedure has been employed to arrive at the overall size of the hydrocolloids market from the revenues of key players (companies) and their product share in the market.
  • The market share was then estimated for each company to verify the revenue share used earlier in the bottom-up procedure. With the data triangulation procedure and validation of data through primaries, the exact values of the overall parent and each market have been determined and confirmed in this study. The data triangulation procedure implemented for this study is explained in the next section.

Data Triangulation

After arriving at the overall market size—using the market size estimation processes as explained above—the market was split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, the data triangulation and market breakdown procedures were employed. The data was triangulated by studying various factors and trends from both the demand and supply sides in the hydrocolloids market.

Report Objectives

  • To define, segment, and estimate the size of the plant extracts market with respect to ingredients type, applications, form, and region
  • To provide detailed information about the major factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges)
  • To analyze the complete value chain and influence of all key stakeholders, such as manufacturers, suppliers, and end users
  • To analyze the opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders
  • To profile the key players and comprehensively analyze their core competencies
  • To analyze the competitive developments, such as new product launches, acquisitions, investments, expansions, partnerships, agreements, joint ventures, and product approvals, in the hydrocolloids market

Available Customizations

With the given market data, MarketsandMarkets offers customizations according to client-specific needs.

The following customization options are available for the report:

Geographic Analysis

  • A further breakdown of the Rest of Europe spice and seasonings market, by key countries such as Ireland, Netherlands, Sweden, Turkey, Belgium, and other-EU-&non-EU countries.
  • A further breakdown of the Rest of Asia-Pacific spice and seasonings market, by key countries such as Vietnam, Malaysia, Thailand, Indonesia, the Philippines, and South Korea.
  • A further breakdown of the Rest of South American spice and seasonings market, by key countries such as Colombia, Venezuela and Peru

Company Information

  • Detailed analysis and profiling of additional market players (up to five)
COVID-19

Get in-depth analysis of the COVID-19 impact on the Hydrocolloids Market

Benchmarking the rapid strategy shifts of the Top 100 companies in the Hydrocolloids Market

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