DUBLIN, March 11, 2014 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/2hl3mx/hydrocolloid) have announced the addition of the "Concise Analysis of the International Hydrocolloid Market - Forecasts to 2018" report to their offering.
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The market is growing significantly, driven by increasing demand for convenience & processed foods, along with health conscious consumers. The market is witnessing demand for low-fat and low-calorie food products from consumers. Hence food manufacturers have been demanding ingredients that can serve this purpose.
Hydrocolloids have the ability to reduce fat content in food products by dispersing in the water and acting as fat replacers. Hydrocolloids perform functions such as gelling, coating, stabilizing, etc. in food. Most of the hydrocolloids are extracted from natural sources that are vulnerable to climatic changes. Economic development in emerging markets such as China has led to an increase in purchasing power of consumers. This has led to an increase in demand for high quality processed foods. With hydrocolloids being an essential food additive, its market is liable to increase. The restraints for the market include fluctuation of raw material prices and shortage of raw material supply.
The different types of hydrocolloids are gelatin, pectin, xanthan gum, gaur gum, etc. Gelatin was the largest segment for the market as they are widely used as gelling agents in confectionery, meat & poultry products, and dairy products. The market is divided on the basis of natural sources such as plant, marine, animal, microbial and synthetic sources. The market is further segmented on the basis of applications that include bakery products, confectionery, meat & poultry products, sauces & dressings, beverages, and dairy & frozen products. The market has also been divided on the basis of geography into regions such as North America, Europe, Asia-Pacific, and Rest of the World (ROW).
The global market is projected to reach $7 billion by 2018, with North America as the largest consumer for food hydrocolloids. U.S. dominated the market, accounting for a share of more than three-fourth in the region. Asia-Pacific is projected to be the fastest growing market for hydrocolloid due to the high population base and increasing demand for convenience foods.In 2012, dairy & frozen products dominated the market as they are widely used as stabilizers and texturants in yogurts, ice-creams, etc. The leading market players use strategies such as expansion and new product launches to grow their global reach and increase their productivity.
Key Topics Covered:
2 Executive Summary
3 Premium Insights
4 Industry Analysis (Page No. - 56)
5 Hydrocolloids Market Analysis: Evolution, Trends & Insights
6 Hydrocolloids Market Overview
7 Hydrocolloid Market, By Types
8 Hydrocolloid Market, By Food & Beverage Applications
9 Hydrocolloid Market, By Sources
10 Hydrocolloid Market, By Functions
11 Food Hydrocolloid Market, By Geography
12 Competitive Landscape
13 Company Profiles
- Archer Daniels Midland Company
- Ashland INC
- B&V SRL
- CP KELCO
- Cargill INC
- Danisco A/S
- FMC Corporation
- Fiberstar INC
- Fuerst Day Lawson
- GUM Technology Corporation
- Kerry Group PLC
- Lucid Colloids LTD
- Marcel Carrageenan
- Polygal AG
- Royal DSM
- Taiyo Kagaku CO LTD
- Tate & Lyle PLC
- Tic Gums Incorporation
For more information visit http://www.researchandmarkets.com/research/2hl3mx/hydrocolloid
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SOURCE Research and Markets