(MENAFN- EIN Presswire) EINPresswire/ -- The global hydrocolloidal market is witnessing robust growth, driven by the rising demand from the food & beverage sector and rapid expansion of the pharmaceutical and healthcare industries.

According to a report published by Allied Market Research, titled“Hydrocolloidal Market by Product Type (Seaweed and Others), Function (Thickening Agent, Gelling Agent, Stabilizing Agent, and Others), and End-use Industry (Food & Beverage, Pharmaceutical, Cosmetics, and Others): Global Opportunity Analysis and Industry Forecast, 2023–2032”, the market was valued at $10.9 billion in 2022 and is projected to reach $18.7 billion by 2032, registering a CAGR of 5.6% from 2023 to 2032.

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Key Market Drivers and Opportunities:

- Growing demand for processed and convenience foods has increased the use of hydrocolloids as texture enhancers, stabilizers, and quality improvers.
- Expanding pharmaceutical and healthcare industries are fueling adoption in drug formulation, encapsulation, and delivery systems.
- Shift toward plant-based and natural ingredients offers lucrative growth opportunities for sustainable hydrocolloid solutions.
- Restraint: Price volatility of raw materials continues to challenge market stability.

Segment Insights:-

By Product Type

Seaweed Segment:

- Accounted for over three-fourths of market revenue in 2022 and will continue to dominate through 2032. Seaweed-derived hydrocolloids (agar, carrageenan, alginate) are valued for their gelling, thickening, and stabilizing capabilities across food, pharma, and biotech sectors.

Others Segment:

- Expected to grow at a CAGR of 6.0% due to rising demand for bioactive compounds such as fucoidan, laminarin, and fucoxanthin, driven by their functional benefits in nutraceuticals and cosmetics.

By Function

Stabilizing Agent Segment:

- Held the largest market share in 2022 (over one-third of total revenue) and will maintain its dominance through 2032. Growth is driven by rising product complexity and the need for enhanced shelf life and texture control in food and pharmaceuticals.

Gelling Agent Segment:

- Estimated to grow at a CAGR of 6.1%, supported by increased applications in pharmaceuticals and cosmetics for controlled release formulations and improved product consistency.

By End-Use Industry

Food & Beverage Segment:

- Represented about two-fifths of the total market in 2022 and is expected to grow at the highest CAGR of 5.9% through 2032. Hydrocolloids are integral in dairy, sauces, dressings, and bakery products for texture enhancement, stability, and emulsification.

Regional Analysis:-

Asia-Pacific:

- Dominated the market in 2022 with over half of global revenue and is projected to expand at a CAGR of 5.9% during 2023–2032.

- Rapid urbanization, industrialization, and shifting dietary habits in countries such as China and India are driving the regional demand for processed foods and, consequently, hydrocolloids.

Leading Market Players:-

Major companies operating in the global hydrocolloidal market include:

- DuPont, Palsgaard, BASF SE, Ashland Inc., Cargill, Incorporated, Koninklijke DSM N.V., Archer Daniels Midland Company, Glanbia Nutritionals, Inc., Kerry Group plc, and Jungbunzlauer Suisse AG.

These players are focusing on product innovation, collaborations, and expansion strategies to strengthen their global footprint and meet growing industrial demand.

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About Us:

Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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