Hydrocolloids Market Overview: Trends, Drivers, and Future Outlook
The hydrocolloids market size has been evolving rapidly, driven by their extensive applications in the food and beverage industry, pharmaceuticals, cosmetics, and other sectors. Hydrocolloids, which are naturally occurring or synthetically produced substances capable of forming gels, thickening liquids, and stabilizing emulsions, have seen a surge in demand as consumers increasingly seek clean-label...
Hydrocolloids Market : Recent Market Developments
The hydrocolloids market
is estimated to be valued at USD 8.4 billion in 2018 and is projected to reach
USD 11.4 billion by 2023, at a CAGR of 5.3%
during the forecast period. The growth of the hydrocolloids market is driven by
factors such as the expansion of the processed food industry due to the increasing
demand for convenience foods in regions such as the Asia Pacific, South
America, and...