Europe Food Hydrocolloids Market Size
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 5.80 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
Europe Food Hydrocolloids Market Analysis
Europe Food Hydrocolloids Market is projected to grow at a CAGR of 5.8% during the forecast period.
- The increase in consumer preference for convenience foods indirectly contributes to the growing demand for hydrocolloids required as stabilizers, binding agents and thickening agents in convenience food products. The processed food market is driven by the greater need for convenience due to the busy lifestyles of consumers. This, in turn, increases the demand for hydrocolloids.
- The numerous applications of hydrocolloids in food has led to the introduction of new procedures or complex steps in food processing.
- Food manufacturers are adopting novel food processing methods and are demanding new hydrocolloids that can impart the desired functions.
Europe Food Hydrocolloids Market Trends
This section covers the major market trends shaping the Europe Food Hydrocolloids Market according to our research experts:
Increased Utilization in Confectionery
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 a candy, or the 'melt in the mouth' texture which consumers value. In a more complex way, hydrocolloids play a critical role in the flavour release profile along with the sweetness impact. The physiological benefits of some hydrocolloids are also being identified and delivered through confectionery. These application for hydrocolloids guarantees continued growth in the market.
France Holds the Major Share in the Market
Developing countries are witnessing similar trends with changing lifestyle 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, texturizer 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.
Europe Food Hydrocolloids Industry Overview
Europe Food Hydrocolloids Market is fragmented with the presence of several players and the major players include CP Kelco, Rousselot, Cargill Inc., DuPont, and Royal DSM. The key strategies being used by these market players are that of focusing on expansion of new facilities and launching new products & Services.
Europe Food Hydrocolloids Market Leaders
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Cargill, Inc.
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CP Kelco U.S., Inc
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DuPont
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Koninklijke DSM N.V.
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Rousselot
*Disclaimer: Major Players sorted in no particular order
Europe Food Hydrocolloids Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Assumptions & Market Definition
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1.2 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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3.1 Market Overview
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4. MARKET DYNAMICS
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4.1 Market Drivers
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4.2 Market Restraints
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4.3 Porter's Five Forces Analysis
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4.3.1 Threat of New Entrants
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4.3.2 Bargaining Power of Buyers/Consumers
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4.3.3 Bargaining Power of Suppliers
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4.3.4 Threat of Substitute Products
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4.3.5 Intensity of Competitive Rivalry
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5. MARKET SEGMENTATION
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5.1 By Type
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5.1.1 Starch
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5.1.2 Gelatin Gum
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5.1.3 Xanthan Gum
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5.1.4 Others
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5.2 By Application
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5.2.1 Bakery
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5.2.2 Confectionery
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5.2.3 Beverages
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5.2.4 Dairy
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5.2.5 Meat, Poultry and Seafood Products
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5.2.6 Oils and Fats
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5.2.7 Others
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5.3 Geography
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5.3.1 Europe
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5.3.1.1 United Kingdom
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5.3.1.2 France
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5.3.1.3 Germany
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5.3.1.4 Italy
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5.3.1.5 Russia
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5.3.1.6 Spain
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5.3.1.7 Rest of Europe
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6. COMPETITIVE LANDSCAPE
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6.1 Most Active Companies
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6.2 Most Adopted Strategies
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6.3 Market Share Analysis
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6.4 Company Profiles
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6.4.1 Cargill, Inc.
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6.4.2 CP Kelco U.S., Inc
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6.4.3 DuPont
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6.4.4 Koninklijke DSM N.V.
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6.4.5 Ceamsa
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6.4.6 Rousselot
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6.4.7 Ingredion Incorporated
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6.4.8 Behn Meyer Holding AG
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- *List Not Exhaustive
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Europe Food Hydrocolloids Industry Segmentation
Europe Food Hydrocolloids Market is segmented by type which includes starch, gelatin gum, xanthan gum and others. Based on Application, the market is segmented into bakery, confectionery, beverages, dairy, meat, poultry and seafood products, oils and fats and others. The study also provides analysis of regions such as United Kingdom, France, Germany, Italy, Russia, Spain and rest of the Europe.
By Type | |
Starch | |
Gelatin Gum | |
Xanthan Gum | |
Others |
By Application | |
Bakery | |
Confectionery | |
Beverages | |
Dairy | |
Meat, Poultry and Seafood Products | |
Oils and Fats | |
Others |
Geography | |||||||||
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Europe Food Hydrocolloids Market Research FAQs
What is the current Europe Food Hydrocolloids Market size?
The Europe Food Hydrocolloids Market is projected to register a CAGR of 5.80% during the forecast period (2024-2029)
Who are the key players in Europe Food Hydrocolloids Market?
Cargill, Inc., CP Kelco U.S., Inc, DuPont, Koninklijke DSM N.V. and Rousselot are the major companies operating in the Europe Food Hydrocolloids Market.
What years does this Europe Food Hydrocolloids Market cover?
The report covers the Europe Food Hydrocolloids Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Europe Food Hydrocolloids Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Europe Food Hydrocolloids Industry Report
Statistics for the 2024 Europe Food Hydrocolloids market share, size and revenue growth rate, created by Mordor Intelligenceā¢ Industry Reports. Europe Food Hydrocolloids analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.