Report Synopsis
Asia-Pacific’s hydrocolloids demand is mainly driven by increasing demand from food & beverages, pharmaceuticals and oil & gas sectors. Increasing health consciousness, changing eating habits of consumers and growing working population in developing countries of Asia-Pacific region is anticipated to increase demand for convenience and processed food. Moreover, food additives are becoming a necessary part of food and beverages industry and natural clean label food additives such as hydrocolloids penetration is on the rise.
China is the largest market for hydrocolloids in Asia-Pacific, estimated at 328 thousand metric tons in 2018, which is also likely to post the fastest 2018-2024 CAGR of 5.6% in reaching a projected 456 thousand metric tons by 2024. The market for hydrocolloids in Asia-Pacific is expected to touch US$4.1 billion in 2019.
Research Findings & Coverage
- Asia-Pacific market for Hydrocolloids is analyzed in this report with respect to raw material sources, product types and end-use applications
- The study exclusively analyzes the market size for hydrocolloid raw material source by product type and end-use application in overall Asia-Pacific region. The report also analyzes the market for hydrocolloids by raw material source, product type and application in all major Asia-Pacific countries
- Mixed Opportunities for Seaweed Hydrocolloids
- Demand for Hydrocolloids Propelled by Trends in Fat and Sugar Reduction
- Restrained Demand for Select Hydrocolloids Due to Tighter Raw Material Supply in the Offing
- Key business trends focusing on product innovations/developments, M&As, JVs and other recent industry developments
- Major companies profiled – 140
- The industry guide includes the contact details for 258 companies
Product Outline
The following Hydrocolloid raw material sources are analyzed in this report:
- Animal-derived (Gelatin)
- Microbial-fermented
- Plant-derived
- Seaweed-derived
- Cellulose-based
The report analyzes the following key product types of Hydrocolloids:
- Gelatin
- Xanthan Gum
- Gellan Gum
- Guar Gum
- Gum Arabic
- LBG
- Tara Gum
- Pectin
- Agar-Agar
- Alginates
- Carrageenan
- CMC
- MC & HPMC
- MCC
The study explores the following major applications of Hydrocolloids:
- Animal Feed
- Food & Beverages
- Cosmetics & Personal Care
- Pharma & Healthcare
- Oil & Gas
- Industrial/Technical
Analysis Period, Units and Growth Rates
- The report reviews, analyzes and projects the Asia-Pacific market for Hydrocolloids for the period 2015-2024 in terms of volume in Metric Tons and value in US$ and the compound annual growth rates (CAGRs) projected from 2018 through 2024
Geographic Coverage
- China
- India
- Indonesia
- Japan
- South Korea
- Malaysia
- Thailand
- Rest of Asia-Pacific