Robust Growth in Processed Foods and Pharmaceuticals, Coupled with Demand from Oil Drilling to Drive Asia-Pacific Hydrocolloids Market to Reach US$5.3 billion by 2024 – Market Report (2018-2024) by Industry Experts, Inc.

By -
Industry Experts, Inc. released the new market research report "Hydrocolloids – Asia-Pacific Market Overview". This report is a part of the bundle on Hydrocolloids global markets with a comprehensive coverage of the Asia-Pacific market. Analysts estimate that the Food & Beverage end-use sector consumed the largest share of Hydrocolloids in 2018 while Industrial/Technical closely follows in the same year.

Asia-Pacific’s hydrocolloids demand is mainly driven by increasing demand from food & beverages, pharmaceuticals and oil & gas sectors. Increasing health consciousness, changing eating habits of consumers and growing working population in developing countries of Asia-Pacific region is anticipated to increase demand for convenience and processed food. Moreover, food additives are becoming a necessary part of food and beverages industry and natural clean label food additives such as hydrocolloids penetration is on the rise.

China is the largest market for hydrocolloids in Asia-Pacific, estimated at 328 thousand metric tons in 2018, which is also likely to post the fastest 2018-2024 CAGR of 5.6% in reaching a projected 456 thousand metric tons by 2024. The market for hydrocolloids in Asia-Pacific is expected to touch US$4.1 billion in 2019.

This market report analyzes hydrocolloids by raw material source comprising Animal-derived, Microbial-fermented, Plant-derived, Seaweed-derived and Cellulose-based. The report analyzes the global market for hydrocolloids by individual hydrocolloids types consisting of Gelatin, Xanthan Gum, Gellan Gum, Guar Gum, Gum Arabic, Locust Bean Gum (LBG), Tara Gum, Pectin, Agar-Agar, Alginates, Carrageenan, Carboxymethyl Cellulose (CMC), Methyl Cellulose & Hydroxypropylmethyl Cellulose (MC & HPMC), and Microcrystalline Cellulose (MCC). The study also analyzes the key end-use applications of hydrocolloids including Animal Feed, Food & Beverages, Pharmaceuticals & Healthcare, Cosmetics & Personal Care, Oil & Gas and Industrial/Technical applications. Asia-Pacific markets for the above-mentioned hydrocolloids raw material sources, types and end-use applications are analyzed both in terms of volume in metric tons and value in USD.

The report reviews, analyses and projects the Hydrocolloids market for key regional markets in Asia-Pacific for the period 2015-2024 comprising Asia-Pacific – China, India, Indonesia, Japan, South Korea, Malaysia, Thailand and Rest of Asia-Pacific.

This 406 page Asia-Pacific hydrocolloids market report includes 383 charts (includes a data table and graphical representation for each table), supported with a meaningful and easy to understand graphical presentation, of the market. The study profiles 140 key market players and also provides the list of the companies engaged in research & development, manufacturing and supply of hydrocolloids. The regional list of companies covers addresses, contact numbers and the website addresses of 258 companies.


California, USA based Industry Experts, Inc. is a multi-industry focused market research provider.
For more details, please visit http://industry-experts.com/verticals/food-and-beverage/hydrocolloids-asia-pacific-market-overview

Comments

Post a Comment

Popular posts from this blog

Demand for Europium to Reach US$373.3 million by 2030 Fostered by Phosphors and Consumer Electronic Applications

By -
Image
Industry Experts, Inc., has released its latest report on Europium Market , which projects the demand for the same to reach US$373.3 million by 2030 from an estimated US$267.1 million in 2024 at a CAGR of 5.7% between the two years. The demand for Europium in the global market is primarily being driven by a number of factors that include increasing demand of phosphors in various applications for making high-quality displays that offer higher cooling, energy efficiency and brightness in products, such as OLEDs & LCDs, which are used in televisions, smart phones, wearables  and other electrical & electronic equipment. Technological advancements have enhanced the methods of extracting, purifying and separating europium from other ores, thereby positively impacting its availability to manufacturers. Heavy investments in R&D for improving performance and overcoming supply challenges of this metal have determined the global market in yielding innovative solutio...
Read more

Oil & Gas Fuels Demand for Duplex Stainless Steel and Global Market to Reach $6 billion by 2030

By -
Image
Industry Experts, Inc., has released its latest report, on Duplex Stainless Steel market, which projects the demand for the same to reach US$6 billion by 2030 from an estimated US$4.4 billion in 2024 at a CAGR of 5.4% between the two years. Some of the factors instrumental in driving demand for Duplex Stainless Steel include its widespread use in the oil & gas industry in the form of pipes & tubes. Comprising an almost equal proportion of austenitic and ferritic steels makes this variety of stainless steel very strong and highly resistant to corrosion, owing to which its application across various important end-use sectors has been growing rapidly.  The construction & infrastructure industry is another major consumer of Duplex Stainless Steels, as they are ideal for making bridges and other infrastructure projects. Apart from this, the chemical processing industry, subject to extreme operating environments, also makes extensive use of Duplex Stainless Ste...
Read more

Copper Demand to Reach US$368.8 B by 2030 Propelled by the Wide Range of Applications of the Metal Across Sectors

By -
Image
Industry Experts, Inc., has released its latest report, on Copper , which projects the demand for Copper to reach US$368.8 billion by 2030 from an estimated US$269 billion in 2024 at a CAGR of 5.4% between the two years. The use of copper and its alloys is quite extensive, contributing significantly to economic development. Major end-user sectors of this vital element include transportation, construction, consumer products, electrical & electronics and industrial machinery. The global demand for copper has been maintaining a steady growth, as statistics reveal a 300% growth in the use of refined copper over the last five decades across the industries mentioned above, reaching about 26.5 million tons in 2023. Other than being used in its primary form, copper is also among the most recycled materials, owing to which the market for secondary copper has been posting considerable growth. With an estimated share of about 41% in 2024, Asia-Pacific is the largest global marke...
Read more