Global Gelling Agents Market Overview:
Gelling agent is a type of food additive, this helps to maintain the texture of the food products. The gelling agent provides a gel-like texture to the food product to which it has been added. Gelling agents, emulsifiers and stabilizers market has been witnessing strong growth over the past few years and is expected to rise owing to increasing demand from the food & beverage industry.
As per latest study released by AMA Research, the Global Gelling Agents market is expected to see growth rate of 5.2%Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Technology Advancement in Gelling Agents Production
Market Growth Drivers:
Increasing Application Scope of These agents in Bakery & Confectionery, Dairy, Sauces, and Meat & Poultry
Challenges:
Availability of Counterfeit Products
Opportunities:
Rise in the Demand for Bakery Products, Confectionery Products, and Beverage
Competitive Landscape:
The rising number of players expected to enter the global market is predicted to enhance the competition level as well as encourage the growth of the overall market shortly. Players are anticipated to focus on the development of new compounds, which is likely to encourage the growth of the global market throughout the forecast period.
Some of the key players profiled in the report are Naturex (France), Tate & Lyle (United Kingdom), DuPont (United States), Cargill (United States), Nexira (France), Kerry (Ireland), Ingredion (United States), Tic Gums (United States), Agro Gums (India), Riken Vitamin (Japan) and CP Kelco (United States). Additionally, following companies can also be profiled that are part of our coverage like Avebe (Netherlands), Palsgaard (Denmark) and Fuerst Day Lawson (United Kingdom). Analyst at AMA Research see United States Vendors to retain maximum share of Global Gelling Agents market by 2030. Considering Market by Nature, the sub-segment i.e. Organic will boost the Gelling Agents market. Considering Market by Function, the sub-segment i.e. Stabilizer will boost the Gelling Agents market. Considering Market by Product Type, the sub-segment i.e. Agar-agar will boost the Gelling Agents market.
Latest Market Insights:
In July 2022, CP Kelco US, Inc. (J.M. HUBER) made extensive progress in expanding biogums production capacity at two of their plant facilities in Okmulgee, Oklahoma, USA and Wulian, China. The expansion increased the production facilities of the company, which helps in offering the customers better service in less time.
In October 2021, Cargill expanded their portfolio of carrageenans with the introduction of Satiagel VPC614, a kappa carrageenan that is specifically designed for solid formulations and high-gelling applications. The addition of this product is in response to the increasing demand for eco-friendly personal care products that offer both performance and sustainability.
What Can be Explored with the Gelling Agents Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Gelling Agents Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Gelling Agents
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Gelling Agents market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Gelling Agents market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Manufacturer, Suppliers & Distributors, Government Bodies, Research Center and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.