The
rising demand for natural food products from consumers of various age
groups has accelerated the sales of gum hydrocolloids over the last
couple of years, states Transparency Market Research (TMR) in a new
research report. The report is titled, “Gum Hydrocolloid Market -
Global Industry Analysis, Size, Share, Growth, Trends, and Forecast
2016 – 2024.”
Know
More About Gum
Hydrocolloid Market
at:http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=10760
The
report offers insight into the historical growth trajectory, the
present structure of the market, and growth opportunities that
manufacturers of gum hydrocolloid can capitalize on. It further
assesses the factors that are expected to hinder or push the growth
of the global gum hydrocolloid market over the coming years. The
projected growth of the global gum hydrocolloid market in terms of
volume and revenue has also been highlighted in the report.
The
study further delves into the strategies, products, and shares of the
leading players operating in the global gum hydrocolloid market. To
present a clear picture of the competition existing among the players
in the market, the report utilizes Porter’s five forces analysis.
It also provides information about the degree of barriers to entry
and exit and growth of the different segments of the global gum
hydrocolloid market. According to the report, the rising demand for
gum hydrocolloid from the food and beverages industry is the primary
factor behind the growth of the market.
The
report states that gum hydrocolloids are used in the food and
beverages industry to increase the physical appearance, texture,
stability, and viscosity of different food and beverage products due
to their gel-like structure. Hydrocolloids are primarily obtained
from polymers which are extracted from microbes, animals, synthetic,
and plant. Hydrocolloids are used in the form of AGAR, xanthan gum,
pectin, gelatin, alginates, and carrageenan.
According
to the study, the global gum hydrocolloid market is achieving impetus
owing to the rising investments in research and development projects
for the development of new hydrocolloid ingredients. Changes in taste
preferences are likely to reflect positively on the growth of the
global gum hydrocolloid market. However, the irregular supply of raw
materials and volatility in the prices of the same are likely to act
as a hindrance in the growth of the global
gum hydrocolloid market.
To
present a holistic outline of the market, the global market for gum
hydrocolloid is segmented on the basis of type, application,
function, and region. On the basis of type, the report segments the
market into xanthan gum, gum Arabic, locust bean gum, gellan gum, and
guar gum. Based on function, the market is divided into gelling
agent, stabilizing agent, and thickener agent. The key segments in
terms of application are cosmetics, pharmaceuticals, dairy products,
condiments and sauce, poultry and meat processing, bakery, and
confectionery.
Geographically, the global gum hydrocolloid market is categorized into Latin America, Middle East and Africa, Europe, Japan, and Asia Pacific (APAC) excluding Japan. In 2013, North America emerged dominant in terms of consumption of gum hydrocolloid closely followed by Europe and APAC. Emerging economies such as China and India are likely to provide manufacturers with profitable growth prospects. The leading companies in the market are Danisco A/S and Company, E. I. Du Pont De Nemours, Archer Daniels Midland Company, and Cargill Inc. among others.
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