The Brazil food hydrocolloids market size is anticipated to expand at a robust CAGR during the forecast period, 2021-2028. The growth of the market is attributed to increasing inclination toward fitness activities. Moreover, rising consumer preference for natural ingredients is driving the market growth.
Hydrocolloids is a class of food ingredients that are widely used in the development of food structure. These food ingredients are water-soluble that confers high viscosity and gelation in the solution. These ingredients are made from gel forming agents, such as pectin or gelatin, to promote healing. It draws out the fluids, which then forms a soft gel.
Natural hydrocolloids are derived from plants such as pectin, carrageenan, cellulose gum, and locust bean gum. They are purified and further processed into special grades that impart specific rheological properties. These polymers are widely used in prepared frozen meals, sauce & dressings, processed meat, frozen desserts, beverages, fruit preserves, and confectionery. Food Hydrocolloids have a wide array of functional properties, including thickening gelling, emulsifying, stabilization, and coating
Market Trends, Drivers, Restraints, and Opportunities
- Increasing consumption of convenience and processed foods is one of the major drivers that is contributing to the growth of the Brazil food hydrocolloids market.
- Rising demand for bakery and confectionery products is anticipated to augment the market growth.
- Seasonal changes cause volatility in the raw material prices, which can impede the growth of the market.
- The supply imbalances in the Brazil based food hydrocolloid market, in turn can hinder the market growth.
- The COVID-19 outbreak led to the closedown of the manufacturing facilities and disrupted the supply chain across the globe. However, declining number of cases is expected to help the market recover soon.
- Growing focus on R&D activities to provide innovative products to cater to the growing demand for processed & convenience foods is expected to positively influence the growth of the market.
Scope of Brazil Food Hydrocolloids Market Report
The report on the Brazil food hydrocolloids market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
|
Attributes
|
Details
|
|
Report Title
|
Brazil Food Hydrocolloids Market - Industry Analysis, Growth, Share, Size, Trends, and Forecast
|
|
Base Year
|
2020
|
|
Historic Data
|
2018–2019
|
|
Forecast Period
|
2021–2028
|
|
Segmentation
|
Types (Gelatin Gum, Pectin, Xanthan Gum, Guar Gum, Carrageenan, and Others), Applications (Dairy and Frozen Products, Bakery, Beverages, Confectionery, Meat and Seafood Products, Oils and Fats, and Others)
|
|
Geographic Zone
|
Brazil
|
|
Report Coverage
|
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
|
|
Key Players Covered in the Report
|
Cargill, CP Kelco U.S. Inc., Kerry Group, Ingredion Inc, DuPont, and Kerry Group.
|
Brazil Food Hydrocolloids Market Segment Insights
Based on types, the market is divided into gelatin gum, pectin, xanthan gum, guar gum, carrageenan, and others. The gelatin gum segment is anticipated to account for a key market share and is anticipated to grow at a steady rate during the forecast period, followed by the pectin segment. Gelatin gum has its unique properties such as providing formulation solutions in a broad range of applications, including the filling of General Mills’ latest Fiber One Strawberry Flavored Toaster Pastry. On the other hand, the xanthan gum segment is anticipated to grow at a healthy rate in the projected timeline.
Based on applications, the Brazil food hydrocolloids market is divided into dairy and frozen products, bakery, beverages, confectionery, meat and seafood products, oils and fats, and others. The meat and seafood products segment is anticipated to account for a major market share due to increasing consciousness among the people about their protein intake in their daily diet. Moreover, growing health awareness among consumers in the country, manufacturers are focusing on offering processed meat products with healthy ingredients. Conversely, the dairy and frozen products segment is anticipated to grow at a robust rate owing to changing lifestyle and growing demand for ready-to-eat food products.
Segments
The brazil food hydrocolloids have been segmented on the basis of
Types
- Gelatin Gum
- Pectin
- Xanthan Gum
- Guar Gum
- Carrageenan
- Others
Applications
- Dairy and Frozen Products
- Bakery
- Beverages
- Confectionery
- Meat and Seafood Products
- Oils and Fats
- Others
Country
Key Players
Competitive Landscape
The major players of the market are Cargill, CP Kelco U.S. Inc., Kerry Group, Ingredion Inc, DuPont, and Kerry Group.Companies are focusing on developing innovative solutions that address the taste, texture, and nutritional profile of processed foods to extend the shelf-life. Moreover, they’re engaging in partnerships with local manufacturers to expand their market share.
Request For Customization
Enquiry Before Buying
Speak With Analyst
