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Global Hydrocolloids Market Report Forecast to 2027
The global hydrocolloids market size is expected to reach USD 14.35 Billion at a steady CAGR of 5.1% in 2028, according to latest analysis by Emergen Research. Rapid market revenue growth can be attributed to increasing application of hydrocolloids in foods and beverages. Hydrocolloids as food additives find widespread use in numerous food formulations to enhance quality and shelf-life. Hydrocolloids are primarily used as rheology modifiers in foods and beverages to modify texture and or viscosity, and thus alters sensory properties of foods and beverages. Additionally, hydrocolloids are widely used in various food products as stabilizers, water retention agents, emulsifiers, and gelling agents, as well as to prevent formation of ice and sugar crystals in ice cream with controlled release of flavors.
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Competitive Landscape:
The global Hydrocolloids industry is highly consolidated due to the presence of powerful market competitors across several regional and local segments of the Hydrocolloids market. These players are said to dominate the industry owing to their strong geographical reach and large production facilities. These companies are said to be in high competition with one another in terms of technological capabilities, product development and innovation, and product pricing strategies.
Prominent Players Profiled in the Hydrocolloids Market:
Kerry Group, BASF SE, Archer Daniels Midland Company, Cargill Incorporated, DuPont, Ashland Global, CP Kelco, Ingredion Incorporated, Tate & Lyle PLC, and Koninklijke Philips NV.
The report categorizes the market into different key segments based on types and applications, along with key regional segmentation. The report offers insights into the segment expected to garner traction during the forecast period, and the region expected to dominate the market in the coming years.
Major Geographies Encompassed in the Report:
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Summary of the Global Hydrocolloids Report:
Highlights of the Table of Contents:
4.1 Global Hydrocolloids Sales by Product
4.2 Global Hydrocolloids by Product Revenue
To know more about the report, visit @https://www.emergenresearch.com/industry-report/hydrocolloids-market
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