Hydrocolloids
Global Market - Overview
The Global Hydrocolloids Market has
seen the tremendous growth in last couple of years attributed to demand from the
burgeoning Food & Beverages Industry; and as the demand augments further; the
market will grow further with the rapid pace, indicates the recently published study
report by MRFR. According to the Market Research Future, The global market of Hydrocolloids
is booming and expected to gain prominence over the forecast period. The market
is forecasted to demonstrate a stunning growth by 2027, surpassing its previous
growth records in terms of value with a striking CAGR during the estimated
period (2016 – 2027). The Global Hydrocolloids
market’s revenue contribution is expected to increase by a substantial
monetarily growth by end of the forecast i.e. 2027, with a substantial expansion
rate during the period 2016 to 2027.
The Hydrocolloids Market is
predominantly driven by the burgeoning Food & Beverages Industry.
Additionally, rising population worldwide coupled with the heightened standard
of living of populace especially of developing regions attributed to the increasing
disposable income is fostering the demand for specialty & processed food
products eventually fostering market growth of Hydrocolloids Market. Geographically, Asia-Pacific is expected to
the largest market in terms of both value and volume.
Hydrocolloids have been widely
used in the food and beverages industries since decades. Especially for beaked
foods like bread, muffins and even cakes, hydrocolloids might be considered as
a vital ingredient. The basic function of Hydrocolloids is to bind water.
Further, they slow the moisture migration by forming a lattice that prevents its
movement. Resulting in to a better viscosity, improved texture and a more
stable product. Due to its capability to modify the rheology system, the demand
for hydrocolloids have been increased worldwide. Hydrocolloids are majorly used
in the industries such as food and beverages, textile, oil & gas,
pharmaceuticals, and others. Growing demand of food and beverages across the
globe has increased the demand for hydrocolloids which makes food and beverages
to be the leading application segment. Hydrocolloids also find application in
pharmaceutical and cosmetics industry. As thickening agents, gelling agents,
emulsifying agents, stabilizing agents among other applications. Further
application industries of Hydrocolloids include Oil & Gas Industries,
Textile & Printing Industries, Technical, Mining & Explosives, Paper,
Cosmetics, Pet Food, Animal Feeds Industries & various other Industrial
uses.
Guvar Hydrocolloids is a bio
based, natural, and fast hydrating gum derived from a Vegetable called guvar.
Due to its fast hydrating properties, Guvar Hydrocolloids are widely used for
oil field applications mainly in hydraulic fracturing. A hydraulic
fracture is formed when a fluid is pumped down the well at high pressures for
short periods of time or for hours. The high pressure fluid which is usually
formed by aqueous swelling of specialty high viscosity fluid additives to form
highly viscose fluid or gel; exceeds the rock strength and opens a fracture in
the rock. A propellant, usually sand or other coarse particles carried by the
high viscosity fluid of guar gum, is pumped into the fractures and the mixture
fills the fracture. Propellant serves to keep the fracture open, creating a
route for oil or gas to flow to the well bore.
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Few of the advantages of Hydrocolloids
in hydraulic fracturing are; fast hydration, easily degradable, better thermal
stability and compatible to sea water and salt water.
Hydrocolloids are widely used in
Water Treatment industries for Disperse systems where important technological
processes need a fast, complete or selective solid-liquid separation of water
treatment etc. Flocculation is a process whereby dispersed particles are
aggregated together to form large particles of such a size so as to cause their
settling and cause clarification of the system. Flocculants are the materials,
which are used, in fast solid-liquid separations. They act on a molecular level
on the surfaces of the particles to reduce repulsive forces and increase
attractive forces.
Hydrocolloids
Global Market - Competitive Analysis
Characterized by the presence of
several well-established and small players, the global Market of
Hydrocolloids appears to be highly competitive. Well established players
incorporate acquisition, collaboration, partnership, expansion, and technology
launch in order to gain competitive advantage in this market and to maintain
their market position. The Market demonstrates high growth potential which is
likely to attract several new entrant in the market. Further resulting in
intensified completion. Top
players are investing heavily in R&D and clinical trial.
The key players operating in the Hydrocolloids
market compete based upon pricing, Technology and services. Manufacturers operating
in the Hydrocolloids Market strive to deliver the best quality, reliable and
consistent pure high-quality Hydrocolloids products based on innovative
technologies, and best practices. Hydrocolloids market demonstrates high growth
potential which is likely to attract many entrants to the market resulting in
further intensified competition.
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Hydrocolloids
Global Market - Segments:
Global Hydrocolloids Market is segmented in to 3 Key dynamics for an easy
grasp and enhanced understanding.
Segmentation By Source : Comprises
- Plant, Seaweed, Animal, Synthetic and other.
Segmentation By Application: Comprises - Bakery Products, Meat
& Poultry Products, Dairy Products, Sauces and Jams and other.
Segmentation By Regions : Comprises Geographical regions
- North America, Europe, APAC and Rest of the World.
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