DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/tgkff7/hydrocolloids) has announced the addition of the "Hydrocolloids Market by Type (Gelatin, Xanthan, Carrageenan, Alginate, Agar, Pectin, Guar, Locust Bean, Gum Arabic, and CMC), Function (Thickener, Stabilizer, Gelling, Fat Replacer, Coating), Source, Application, by Region - Global Forecast to 2020 " report to their offering.
The hydrocolloids market is projected to grow at a CAGR of 5.80% from 2015 to reach a projected value of USD 7.56 Billion by 2020. The primary factors driving this market are the increasing health consciousness among the consumers and multi-functionality of hydrocolloids. The growing health consciousness among the consumers, especially in North America and Europe, drives the market at a high rate.
The hydrocolloids market is segmented on the basis of its type into gelatin, xanthan gum, carrageenan, alginates, agar, pectin, guar gum, locust bean gum, gum arabic, carboxymethyl cellulose (CMC), and others, of which pectin is growing at the fastest rate due to increasing consumers' demand for natural hydrocolloids.
On basis of function, it is further segmented into thickener, stabilizer, gelling agent, fat replacer, coating material, and others, of which the thickener segment accounted for the largest market share followed by gelling agent and stabilizer in 2014.
Companies Mentioned:
- Ashland Inc.
- CP Kelco
- Cargill, Incorporated
- Darling Ingredients Inc.
- E.I. Dupont De Nemours and Company
- Fuerst Day Lawson
- Ingredion Incorporated
- Kerry Group PLC
- Koninklijke DSM N.V.
- TIC GUMs Incorporation
Report Structure:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Hydrocolloids Market, By Source
8 Hydrocolloids Market, By Type
9 Hydrocolloids Market, By Application
10 Hydrocolloids Market, By Function
11 Hydrocolloids Market, By Region
12 Competitive Landscape
13 Company Profiles
14 Appendix
For more information visit http://www.researchandmarkets.com/research/tgkff7/hydrocolloids