Hydrocolloids are those polymers that are readily soluble, dispersive and prone to swell in water and thus change the physical properties of the solution to form gels, or enable thickening, emulsification and/or stabilization. Xanthan, carrageenan, starches and other such naturally occurring substances are some common hydrocolloids used in the market today. Based on their application, hydrocolloids are used in food, oilfields, pharmaceutical, paper and board, textiles and other industries. The major application markets for hydrocolloids are food and oilfields, both by revenue and volume and this trend is expected to continue in the coming years.
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Asia Pacific is the largest consumer in the hydrocolloids market and China is the single largest country in the world dominating hydrocolloid consumption at present. Japan is another country where hydrocolloids are used in plentiful, followed by Europe and North America and the Rest of the World. Based on product type, Starch and derivatives of starch are the dominant market and these substances at present account for most of the volume and revenue share of all hydrocolloids in any region.
One of the major factors driving this market is ready availability of starches and other hydrocolloids in nature. Their application base in food, oilfields and pharmaceuticals is another advantage driving the market forward in revenue and volumes. The major factor restraining the market is the volatility of market prices on the application industries which directly affect hydrocolloid prices and consumption.
Europe is expected to be a major market for hydrocolloids in the near future as the financial situation improves and many industries are resuming full-scale production. High-value hydrocolloids such as guar gum and derivatives, casein, gelatin and others are also expected to increase in market share and this provides an opportunity for revenue boosts.
Some of the major companies manufacturing and distributing hydrocolloids in the market are Cargill Ingredients, CP Kelco, Danisco Ingredients, FMC Biopolymers, Hispanagar S.A., Jungbunzlauer and others.
This research report analyzes this market depending on its market segments, major geographies, and current market trends. Geographies analyzed under this research report include
- North America
- Asia Pacific
- Rest of the World
This report provides comprehensive analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years
This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.
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