The Hydrocolloids Market is expected to grow at a CAGR of 4.4% from 2020 to 2027 to reach $10.2 billion by 2027.
Hydrocolloids are the most commonly used ingredients in the food and beverage industry. Hydrocolloids are used as a thickener, gelling agent, emulsifier, stabilizer, and whipping agent in numerous food formulations. They also have applications in edible films, encapsulating flavors, and crystallization inhibition. Additionally, a rise in nutritionally aware consumers and increasing demand for clean label products are also major factors boosting the demand for hydrocolloids. They are also widely used by the pharmaceutical and cosmetic industries due to its physicochemical properties and safe profile data. Rise in use of hydrocolloids in many fields is expected to boost its market demand in the forecast period.
Here are the top 10 companies operating in Hydrocolloids Market
Cargill Incorporated operates in four business segments: animal nutrition & protein, food ingredients & applications, origination & processing, and industrial & finance services. The company sells its hydrocolloids under the brand name, Satiage, Lipotin, Topcithin SB, and Satiaxane. The company has a global presence in North America, Latin America, Asia-Pacific, the Middle East, Europe, and Africa and operates in more than 70 countries through its subsidiaries namely, Nature Works, Frontier Agriculture, Cargill Kitchen Solution, Inc. and Horizon Milling LLC.
CP Kelco Inc. is an affiliate of the J.M. Huber Corporation; founded in 1929 and headquartered at San Diego, California, U.S. CP Kelco is a nature- based ingredients solutions company, involved in manufacturing, selling and exporting and customer service. CP Kelco key product line ups are gellan gum, pectin, xanthan gum, carrageenan, diutan gum, cellulose, CMC, refined locust bean gum and microparticulate whey protein concentrate. The company has a global reach in more than 100 countries with 23 facilities around the world.
Dupont De Nemours, Inc.
Dupont is involved in research and development, manufacturing, innovating, and marketing of different range of products. The company’s worldwide operations are managed through global businesses, reported in five reportable segments: Agriculture, Performance Materials & Coatings, Industrial Intermediates & Infrastructure, Packaging & Specialty Plastics, Electronics & Imaging, Nutrition & Biosciences, Transportation & Advanced Polymers, and Safety & Construction. The company has its geographical presences throughout the United States, Asia-Pacific, Europe, the Middle East, Africa, and Latin America.
DSM is involved in research and development, manufacturing, innovating and marketing of different range of products. The company operates through four major segments: nutrition, material, innovation center and corporate activities. The company sells its hydrocolloids products under the brand name of Gellaneer, ClariXan and XanTreme. The company has its geographical presence throughout North America, the United Kingdom, the Netherlands, France, Germany, Switzerland, Asia-Pacific, and other countries.
Archer Daniels Midland Company (ADM)
ADM is a global leader in human and animal nutrition and the world’s premier agricultural origination and processing company. The company operations are classified into four business segments: origination, oilseed, carbohydrate solutions and nutrition. The company and its subsidiaries: Wild Flavours, American River Transportation, ADM Investors Services, Inc., and Harvest Innovations LLC. have a geographical presence throughout North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa.
“Meticulous Research in its latest publication on Hydrocolloids Market has predicted the growth of 4.4% during the forecast year 2020-2027″.
Ashland Global Holdings Inc. is a chemical company with a wide range of consumer and industrial markets, including adhesives, architectural coatings, automotive, construction, energy, food and beverage, personal care and pharmaceutical. The company operates in two reportable segments: specialty ingredients and intermediates & solvents. The company has its global presence in North America, Europe, Asia-Pacific and Latin America and others.
Hawkins Watts Ltd.
Hawkins Watts Ltd. was established in 2001 and headquartered at Mulgrave, Australia. The company is involved in manufacturing, selling, exporting, and R&D assistance. The company majorly focuses on the Australia and New Zealand market with a broad product portfolio, specializing in texture, nutrients, colors, flavors and more.
Gelnex Indústria e Comércio Ltd.
Gelnex Indústria e Comércio Ltd was founded in 1998 and headquartered at Brazil. The company is involved in manufacturing, selling, and exporting. Gelnex operates through 2 major segments namely, gelatin and collagen peptide. The company has four production sites which supply customers in more than 50 countries. Gelnex is known to produce porcine and bovine gelatin with the highest quality standards.
Fiberstar, Inc. is headquartered at Wisconsin, U.S. The company is a privately held biotechnology company that manufactures and sells natural and clean plant-based ingredient solutions. The company’s manufacturing operations are in Wisconsin and Florida. The products are sold over 69 countries both by direct sale and 59 distributors globally under the brand name of Citri-Fi.
Taiyo manufactures and supplies ingredients for food, beverages, supplements and cosmetics applications. The company operates through 2 productions sites and 8 subsidiaries. Some of the major subsidiaries are Taiyo green power Co., Ltd., Jeanavice (Tianjin) food Co., Ltd., Kaifeng Taiyo Kinmei Food Co., Ltd. and Taiyo Kagaku India Pvt. Ltd. The company has its global presence throughout North America, Europe, Asia-Pacific, Latin America and the Middle East.
Popular Mentions: Ingredion Incorporated, Palsgaard A/S, Darling Ingredients Inc., and Kerry Group Plc.
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Authoritative Research on the Hydrocolloids Market – Global Opportunity Analysis and Industry Forecast (2020-2027)
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