Market Trends of China Food Hydrocolloids Industry
This section covers the major market trends shaping the China Food Hydrocolloids Market according to our research experts:
Growing Consumption of Plant-based Food
The rapid growth of a middle-class population, together, with shifting consumer values, has created a favourable market for plant-based meat in China, thereby catering to the market growth of food hydrocolloids, which include gellan gum, welan gum, and xanthan gum. Thus, key players operating in the market studied, such as DSM, are expanding their production in the country and significantly investing to upgrade their production facilities to improve safety, health, quality, and environmental standards. The growth of plant-based food increases the application of hydrocolloids in the dairy confectionery and beverage segment.
Dairy Segment Holds a Prominent Share
In China, the market for food hydrocolloids is majorly driven by dairy application. As hydrocolloids play an important role in keeping ingredients stable in dairy product systems, beyond white milk and natural cheese, almost all dairy products can benefit from the addition of hydrocolloids. Gellan gum is widely used in the country for the production of yogurt products, such as Ambrosia from Yili. By application, the segment holds a significant share of the market, and it is projected to grow at a faster pace during the forecast period.
