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 Size, Share & Growth Report, 2028
The global hydrocolloids market size was estimated at USD 11.2 billion in 2023 and is expected to expand at a compound annual growth rate (CAGR) of 5.4% from 2023 to 2028. 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.
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Hydrocolloids Market Analysis: Driving Factors and Emerging Applications
In 2023, the worldwide hydrocolloids market holds an estimated worth of USD 11.2 billion, with a projected increase to USD 14.5 billion by 2028. This growth, set at a Compound Annual Growth Rate (CAGR) of 5.4% during the forecast period, is attributed to the escalating demand for natural and clean-label food products in the food and beverage sector. This demand surge is driven by heightened awareness,...