France Food Hydrocolloids Market is projected to register a CAGR of 2.23% during the forecast period, 2020 - 2025.
- France food hydrocolloids market is majorly driven by increased research & development and innovations in hydrocolloids. Consumer preference for natural ingredients and the varied applications of hydrocolloids in the food and beverage industry are some of the factors boosting the demand for food hydrocolloids.
- The changing consumer demographics in terms of lifestyle changes and growing working population resulting in consumer demand for convenience and processed foods. This is seen as an opportunity for the manufacturers to adopt hydrocolloids in their manufacturing process.
Key Market Trends
Confectionery holds a Prominent Share in the Market Studied
Confectionery provides one of the most important markets for a range of hydrocolloids. Functionality requirements range from a simple gel or coating to the most complex of properties with many factors from production to final consumption carefully balanced. Hydrocolloids may provide the shiny finish on a pastry or tart, the glue for keeping a coating on the surface of candy, or the ’melt in the mouth’ texture which consumers value. In a more complex way, hydrocolloids play a critical role in the flavor release profile along with the sweetness impact. The physiological benefits of some hydrocolloids are also being identified and delivered through confectionery. These applications for hydrocolloids guarantee continued growth in the market.
Growing Demand for Natural Food Additives
European countries like France, Germany, and others are witnessing trends with changing lifestyles and eating habits. Health risks associated with obesity and high healthcare costs have made consumers look for healthier options, in the form of low-fat and low-calorie products. Since food hydrocolloids are largely derived from plants, consumers perceive hydrocolloids as a cleaner, natural option among other food additives. The consumer preference for naturally derived products has made the food industry to look at hydrocolloids as thickeners, gelling agents, texturizers and stabilizer in food processing, to improve the shelf life of food products and preserve the product during heating. The increased consumption of confectionery products is another reason driving the demand for hydrocolloids, as these natural products give the consumer the desired taste and texture while at the same time addressing the concerns of calorie-conscious consumers.
Competitive Landscape
France Food Hydrocolloids Market is competitive with the presence of several players and the major players include CP Kelco, Rousselot, Cargill Inc., DuPont, Ingredion Incorporated, and Koninklijke DSM N.V. The key strategies being used by these market players are that of focusing on the expansion of new facilities and launching new products & Services.
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