Global In Hydrocolloids Market | Growth, Trends, and Forecast (2018–2023)
The market for hydrocolloids is estimated at USD 8.8 billion in 2018 and is projected to grow at a CAGR of 5.3% from 2018 to 2023, to reach USD 11.4 billion by 2023. The growth of the hydrocolloids market is driven by the rising demand for convenience foods in the food industry. The key market drivers are the R&D activities and innovation, consumer preference for functional dairy products, and...
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...