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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Hydrocolloids Market Competitive Landscape
June 2017- Ingredion Incorporated (NYSE: INGR) reached an agreement to acquire the US-based company providing advanced texture systems, TIC Gums Incorporated, further expanding its speciality and texture portfolio.
The report gives a detailed analysis of the following key players in the global hydrocolloids market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Cargill, Incorporated
- Archer Daniels Midland Company
- Ingredion Incorporated
- Kerry Group plc
- Daicel Corporation
- Lotus Gums & Chemicals
- Others
The comprehensive EMR report provides an in-depth assessment of the industry based on Porter's five forces model, along with giving a SWOT analysis.
Hydrocolloids Market Report Snapshots
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the market attained a value of approximately USD 11.24 billion.
The market is projected to grow at a CAGR of 6.5% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 19.85 billion by 2032.
The major drivers of the market are increasing oil well drilling, strong pharma spending, and growing demand from the oil and gas industry.
The key trends guiding the growth of the market include the rising production of guar gum and increasing demand for hydrocolloids in the chemical and automotive sectors.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific, with North America accounting for the largest share in the market.
The major products of hydrocolloids in the market are corn starch, guar gum, carrageenan, and xanthan gum, with corn starch leading the market.
The major players in the global hydrocolloids market are Cargill, Incorporated, Archer Daniels Midland Company, Ingredion Incorporated, Kerry Group plc, Lotus Gums & Chemicals, and Daicel Corporation, among others.
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30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124