Hydrocolloids Market: Information by Type (Gelatin, Carrageenan, Guar Gum, Pectin, Xanthan Gum, Gum Arabic/Acacia Gum, Alginates, Agar and others), Source (Natural and Synthetic), Application (Food & Beverages [Dairy & Frozen Desserts, Bakery & Confectionery, Beverages, Creams, Dressings & Spreads, Meat, Poultry & Seafood Products and others] and Others) and Region (North America, Europe, Asia-Pacific and Rest of the World) - Forecast till 2030

Global Hydrocolloids Market Research Future Insights

The  hydrocolloids market size is projected to reach approximately USD 14.20 billion by 2030, at a CAGR of 5.65% from 2022 to 2030. A hydrocolloid is a heterogeneous mixture of polysaccharides that form a gel-like substance when mixed with water. They are taken from various sources, including plants, microorganisms, animals, seaweed, and others, and have become quite popular among many producers worldwide. As per the market report, due to their thickening, gelling, stabilizing, and textural improvement capabilities, they are widely employed in various application sectors, including food and beverage, cosmetics, and medicines. Manufacturers heavily utilize these items in various processed foods because the rising demand for convenience drives the  hydrocolloids market. 

COVID-19 Impact Analysis

As per the market research, numerous processing plants across nations had to close due to the imposition of lockdowns to stop the spread of the virus during the  COVID-19 pandemic. The pandemic caused several supply chain interruptions as logistics and transportation remained inoperable because of a labor shortage and border closures. The closure of abattoirs and limits on cattle transportation brought on by travel restrictions have harmed hydrocolloid output. The lack of gelatin caused the company to reduce its natural capsule manufacturing from 23 million units per day to 14–16 million units, according to a study by Fortscap Healthcare Ltd., India. But the  economy is gradually catching up and returning to its normal pace, which is expected to spur market growth in the years to come. 

Hydrocolloids Market Dynamics

The market dynamics include hydrocolloids frequently employed in many food formulations to extend the shelf life and improve quality. They may change the rheology of the food system, including viscosity and texture, which is the main factor in their widespread acceptance in the food sector. Hydrocolloids are the main food additives utilized to perform certain tasks since these alterations are recognized to improve the sensory qualities of food. Some biopolymers are known to create gels, but most hydrocolloids provide thickness and stickiness to aqueous dispersions. Depending on the type of hydrocolloid employed, food items' textural characteristics—such as brittleness or elasticity, spreadability or durability, creaminess or chewiness—can differ. Thus, all these factors are increasing the market size.

Hydrocolloids Market Drivers

• Increasing convenience food consumption 

The market drivers suggest the increased use of hydrocolloids in food to extend shelf life and improve quality, among other things, which is directly influenced by the rising demand for and consumption of convenience foods. It improves various food products' viscosity and textural qualities, including processed meat, gravies, and sauces. Because of consumers' active lives, the processed food business is impacted by the need for ready-to-eat items. Montgomery Group, 2020, a worldwide events firm, predicts that the UK food-to-go market will likely exceed USD 31.6 billion by 2024 due to how simple it is to use and consume convenience foods. Because they are readily available and require less time, consumers are prepared to spend money on such things. To meet the rising demand, such factors have prompted manufacturers to incorporate the product into processed foods more frequently. 

• Increasing use of clean label additives

Market Restraints:

• Government regulations that are too strict and operational 

As per the market overview, the usage of hydrocolloids in various food products is a topic that many government regulatory authorities are particularly interested in. Organizations like the World Health Organization (WHO), the European Parliament and Council, the United States Food and Drug Administration (USFDA), the Expert Committee on Food Additives of the Food and Agriculture Organization, and others strictly control food safety. They supervise and set the limits for how much is utilized directly or indirectly in foods and drinks. Consequently, gelatine production and consumption in the area are significantly impacted. The producers were required to specify and state that the raw materials were examined and were safe for consumption by humans. As a result, obtaining regulatory approval for new items becomes a time-consuming and expensive process that causes delays in operations. Thus, per market research, stringent government regulations may limit the market growth.

• Unclear able leading to uncertainty  

Market Opportunities: 

• The rise in the cosmetics industry

As per the market report, more people are becoming aware of the damaging effects of synthetic and chemical goods on the skin. There is a growing demand for cosmetics with natural components and clean labels. A paradigm change in favor of natural products, as synthetic chemicals in cosmetics cause allergies, rashes, and skin irritation. As a result, gelatin, carrageenan, xanthan gum, and other natural additives were added to numerous cosmetic and personal care products due to their ability to thicken, gel, and bind water. Natural additives are now preferred by the majority of customers worldwide. They are perfect for personal care items like body wash, toothpaste, lotions, and other items because they are extremely compatible and chemically stable. The value of the natural cosmetics business in Europe, which increased more quickly than the rest of the world's cosmetics market, was estimated by the Ministry of Foreign Affairs to be USD 4.11 billion in 2018. Therefore, it is projected to stimulate market expansion during the anticipated timeframe.

Segment Overview

By Type Insights

The hydrocolloids market segmentation, based on type, is gelatin, carrageenan, guar gum, pectin, xanthan gum, gum arabic/acacia gum, alginates, agar, and others. The hydrocolloids market growth was prominently high under the gelatin segment in 2021 because of the wide variety of pharmaceutical items it offers, including tablet formulations and advanced wound care. It is widely used as a clarifying agent in food goods such as sweets, candies, jellies, ice creams, etc. Besides this, the guar gum segment was the fastest-growing segment. Low-glycemic index food products and biodegradable films for food packaging and flavor encapsulation are both made from guar gum, a polygalactomannan.

By Source Insights

The hydrocolloids market segmentation, based on source, is microbial, animal, seaweed, and others. The animal segment had a prominent share in 2021 because animal by-products are widely available as raw materials for manufacturing hydrocolloids. Its production uses the skin, bones, and hides of animals like cows, pigs, and chickens.

By Application Insights

Based on application, the  market is divided into food & beverages, cosmetics, personal, and others. The food & beverages segment had a prominent share in 2021. Common hydrocolloid substances used as coating materials to reformulate their functional qualities include bakery, confectionery, sauces, and beverages.

 Global Hydrocolloids Market Share, by Region, 2021 (%)

 Hydrocolloids Market Overview, by Region

Based on region, the  hydrocolloids market has been divided into North America, Asia-Pacific, Europe, and the Rest of the World. Asia-Pacific accounted for the most extensive market share. North America is projected to exhibit the highest CAGR during the forecast period.

Asia-Pacific

Asia-Pacific dominated the market in 2021. Its demand in the area is increased because of the growing popularity of processed and fast food. The product's use as a stabilizing and texturizing component and its adoption as an ingredient by many food and beverage producers can be attributed to its functional and clean-label standpoint. The demand for stabilizers and thickening agents, which are clean-label and natural food components, has expanded along with population growth. In addition, hydrocolloid manufacturing hubs may be found in Thailand, India, China, and Indonesia. 

North America

North America was anticipated to encounter the fastest growth rate in the market in 2021. The manufacturers have been persuaded to include the product in various processed foods by the consumer demand for low-calorie food goods. The consumption of fortified convenience foods has become popular, increasing demand for these goods in the area.

 Hydrocolloids Market Competitive Landscape

The market includes tier-1, tier-2, and local players. Because of the presence of multiple well-known international businesses, the market is consolidated. The product's rising demand is mostly due to how well-liked it is as a clean-label addition. For instance, in November 2021, The establishment of a brand-new, state-of-the-art pectin production facility in Bebedouro, Brazil, was announced by Cargill, Inc. The facility, which costs USD 150 million, significantly expands the business's capacity to satisfy the rising demand for the label-friendly texturizing component.

Prominent  hydrocolloids market research players include Cargill Incorporated, Dupont, Koninklijke DSM N.V., Kelco, Hispanagar, CP Kelco US Inc., Archer Daniels Midland Company, and Ingredion Incorporated, among others.

Scope of the  Hydrocolloids Market Segmantation

By Type Outlook

• Gelatin


• Carrageenan


• Guar Gum


• Pectin


• Xanthan Gum


• Gum Arabic/Acacia Gum


• Alginates


• Agar


• Others

By Source Outlook

• Natural


• Synthetic

By Application Outlook

• Food & Beverages


• Cosmetics


• Others

By Region Outlook

• North America
  
  
  
  • US
  
  
  • Canada
  
  
  • Mexico
  
  
  
  


• Europe
  
  
  
  • UK
  
  
  • Germany
  
  
  • France
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • China
  
  
  • India
  
  
  • Japan
  
  
  • Australia and New Zealand
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Rest of the World
  
  
  
  • South America
  
  
  • Middle East
  
  
  • Africa
  
  
  
  

Objectives of the Study

The objectives of the study are summarized in 5 stages. They are as mentioned below:

• Hydrocolloids Market Forecast & Size:

To identify and estimate the market size for the  hydrocolloids market report segmented by type, source, and application by value (in U.S. dollars). Also, to understand the consumption/ demand created by consumers in  hydrocolloids market forecast between 2022 and 2030

• Market Landscape and Trends:

To identify and infer the drivers, restraints, opportunities, and challenges in the  hydrocolloids market growth

• Market Influencing Factors:

To find out the factors which are affecting the  hydrocolloids market size among consumers

• Impact of COVID-19:

To identify and understand the various factors involved in the market affected by the pandemic

• Company Profiling:

To provide a detailed insight into the major companies operating in the market. The profiling will include the financial health of the company's past 2-3 years with segmental and regional revenue breakup, product offering, recent developments, SWOT analysis, and key strategies.

Intended Audience

• Hydrocolloids Manufactures


• Raw Material Suppliers


• Retailers, Wholesalers, and Distributors


• Governments, Associations, and Industrial Bodies


• Investors and Trade Experts