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Hydrocolloids Market by Type, Function, Source, Application, & by Region - Global Forecast to 2020

Hydrocolloids Market: Global Forecast until 2020

  • February 2016
  • 166 pages
  • ID: 3607249
In this report:
According to Food and Drink Federation, the food & beverage manufacturing industry is one of the largest markets in the U.K. with a value of about USD ## billion (€## billion) in 2013.
According to Germany Trade & Invest, the food & beverages industry in Germany is one of the largest in Europe and had a value of USD ## billion (€##.## billion) in 2013.

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"Hydrocolloids market forecasted to grow at a compound annual growth rate (CAGR) of ~5.8 percent"

The hydrocolloids market is expected to be valued at ~$5.7B and is forecasted to reach a value of ~$7.6B by 2020. This business report examines the hydrocolloids market, in terms of type, application, source, function, and area. The hydrocolloids market has grown steadily in the last few years and this forecast is expected to continue until 2020. The primary factor driving the overall success of hydrocolloids is the growing application in the food & beverages industry due to multi-functional nature of hydrocolloids.

"Dairy products recorded for the largest part of market share in 2014"

On the basis of application type, it is split into bakery, confectionery, meat & poultry products, sauces & dressings, beverages, dairy products, and others. Hydrocolloids are used in different dairy products, including ice cream, and milk, where they act as a stabilizer, thickener, and gelling agent. Dairy products recorded for the biggest market share in 2014 due to rising consumer preference for functional dairy products.

"Thickener segment leads the industry with the biggest share"

On basis of function, it is further divided into thickener, stabilizer, gelling agent, fat replacer, coating material, and others. It is further broken down on the basis of regions into North America (NA), Europe (EU), Asia Pacific (APAC), and Rest of the globe. With the growing health consciousness among the consumers and multi-functionality of hydrocolloids, the industry demand for hydrocolloids is anticipated to enhance the market increase in the upcoming future.

"China (CN): The future of the hydrocolloids sector"

North America continent controled the overall hydrocolloids market in 2014. The Asia Pacific (APAC) area was the quickest increasing sector in 2014. The sector is increasing in China (CN) due to the rising disposable income of the people, the increase of urban population, and growing expansions of the top players including Cargill, Incorporated and CP Kelco in China (CN) for profitable returns.

Break-up of Primaries:

- By Company category: Tier 1 - 45 %, Tier 2 - 35.0 percent, and Tier 3 - 20.0 percent

- By Description: C-suite - 28.0 percent, D-level - 22.0 percent, and Others - 50.0 percent

- By area: North america (NA) - 45.0 percent, Europe - 25.0 percent, APAC - 18.0 percent, and rest of the world - 12.0 percent

Key players contain Cargill, Incorporated, Ingredion (NYSE:INGR), E. I. du Pont de Nemours and Organization, Darling Ingredients Inc., and Kerry Group plc.

Why acquiring this study can help you:

- To get a comprehensive overview of the overall hydrocolloids market

- To benefit wide-ranging information about the top actors in this market, their products review, and top strategies approved by them

- To benefit business insights into the main countries/localities in which the hydrocolloids sector is prospering

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