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 Trends, Drivers & Opportunities
The global hydrocolloids market is estimated to be valued at USD 11.2 billion in 2023 and is projected to reach USD 14.5 billion by 2028, at a CAGR of 5.4% during the forecast period. The exponential growth in the natural and clean-label food consumption across the food and beverage industry due to its growing awareness has influenced the use of hydrocolloids. Moreover, this has led to an increase...