Global Hydrocolloid Market to Grow at a CAGR of 10.16% During 2016-2020
ResearchMoz added Latest Research Report titled " Global Hydrocolloid Market 2016-2020: Worldwide Market Size, Shares, Trends, Growth, Survey and Forecast report " to it's Large Report database.
Albany, NY -- (SBWire) -- 11/26/2016 --Hydrocolloids are a group of long chain polymers that are generally known for their property of forming viscous dispersions and gels when dispersed in water. These polymers are derived naturally from the exudates of trees or bushes, extracts of plants and seaweeds, flours from seeds or grains, and from the gummy slimes from fermentation processes. The presence of a large number of hydroxyl groups in hydrocolloids and in water increases the affinity of hydrocolloids to bind the water molecules and form hydrophilic compounds. They also produce a dispersion which exhibits the properties of a colloid, and is in an intermediate state between a true solution and a suspension.
These two properties have led to these polymers being popularly known as hydrophilic colloids or hydrocolloids. Hydrocolloids have numerous applications in food products, such as thickening, gelling, emulsifying, stabilization, and coating. Hydrocolloids are an integral part of the global food and beverage, pharmaceutical, and cosmetics industries among others. Companies worldwide are focusing their R&D efforts on technological innovations in order to expand the functionalities as well as applications of various types of hydrocolloids in several end-user industries
The global hydrocolloid market to grow at a CAGR of 10.16% during the period 2016-2020. The report covers the present scenario and the growth prospects of the global hydrocolloid market for 2016-2020. To calculate the market size, the report considers the revenue generated through sales of hydrocolloids to end-users such as the food and beverage industry, the oil drilling industry, the pharmaceutical industry, the cosmetics industry, the textile industry and others.
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The market is divided into the following segments based on geography:
- North America
Technavio's report, Global Hydrocolloid Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
- Archer Daniels Midland
- J.M. Huber
Other prominent vendors
- Altrafine Gums
- Kerry Group
- Growing demand in major application areas such as oil drilling and pharmaceutical.
- For a full, detailed list, view our report
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Key Questions Answered in this Report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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