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Follow on Google News | Hydrocolloid Market worth $7 Billion by 2018Hydrocolloid Market categories the Global Market by Type (Xanthan, Guar, Arabic, Gelatin, Locust, Pectin, Bean, Alginate, Carrageenan, Agar, CMC), Food & Beverage Application, Source (Natural & Synthetic), Function & by Geography
By: MarketsandMarkets http://www.marketsandmarkets.com/ Early buyers will receive 10% customization on this report. Free PDF Download: http://www.marketsandmarkets.com/ The global Hydrocolloid Market has been growing tremendously due to the increasing demand for healthy and natural food products from the health conscious consumers. Hydrocolloid is used in different industries such as oil, food, pharmaceuticals, etc. The extensive range of functions exhibited by Hydrocolloid in food industry is an important driving force in the market. The main reason for ample use of Hydrocolloid in food industry is their ability to bind with water and modify the properties of food ingredients. Hydrocolloid is used as thickeners, gelling agents, stabilizers, fat replacers, etc. Majority of the Hydrocolloid are obtained from natural sources such as plants, seaweeds, animals, and micro-organisms. Fluctuation in raw material prices and shortage of raw materials are perceived as the restrains in the Hydrocolloid Market. The global Hydrocolloid Market is projected to be around $7 billion by 2018. In 2012, North America was the largest food Hydrocolloid Market. Gelatin dominated the Hydrocolloid Market (excluding all types of starches). It is projected to grow steadily at a CAGR of 5% during the forecast period. The leading players in the food Hydrocolloid Market include CP Kelco (U.S.), Cargill Inc. (U.S.), Danisco A/S (Denmark), and FMC Corp. (U.S.). These market players are focusing on expansion of new facilities and manufacturing units to increase the productivity of different types of Hydrocolloid. Considering demand in the marketplace, these companies are also investing in R&D to launch new products. About MarketsandMarkets MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world. MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. MarketsandMarkets covers thirteen industry verticals; including advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, consumer goods, telecommunications and IT, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, aerospace & defense. We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository. Contact: Mr. Rohan North - Dominion Plaza 17304 Preston Road Suite 800, Dallas, TX 75252 Tel: +1-888-6006- End
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