Market Size of China Food Hydrocolloids Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 9.40 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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China Food Hydrocolloids Market Analysis
The Chinese food hydrocolloids market is projected to register a CAGR of 9.4% during the forecast period (2020-2025).
- China is a prominent market for hydrocolloids in the Asia-Pacific region.
- Additionally, the market is projected to be the fastest growing due to its agricultural input and the large population, as it contributes a lot to the food consumption.
- The food and beverage industry is on its peak in the region and so is the additives and ingredients market. The hydrocolloid market is also high due to the higher consumption of ready-to-eat meal.
- The growing demand for gluten-free bakery goods is giving rise to new opportunities to use highly functional hydrocolloids to improve the eating experience of consumers.
