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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.

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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 hyd...

Owing to the Demand from F&B and Oil & Gas Sectors, Global Hydrocolloids Market to Witness 4.3% Growth through to 2024 and Reach 2.9 Million MTs – Market Report (2018-2024) by Industry Experts, Inc.

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Industry Experts, Inc. published the global market research report " Global Hydrocolloids Market – Raw Materials, Products and Applications ". According to the new report, Cellulose-based based hydrocolloids is the largest market among all hydrocolloid raw materials which is estimated at 795k metric tons in 2018 while Seaweed-derived hydrocolloids market is projected to witness the fastest growth during the analysis period 2018-2024. Hydrocolloids constitute a diverse group of long chain polymers, which interact with water to form colloid systems of solubilized particles either in the form of gel or a liquid system. Both technologically and economically, hydrocolloid polysaccharides have major importance and are used in the food, pharmaceutical, medical, cosmetics, personal care, oil drilling and other industrial sectors due to their distinct physical and chemical properties. Commercially available hydrocolloids on the market today are extracted from plant, microbial, anim...