Market Size of North America Food Hydrocolloids Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 4.90 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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North America Food Hydrocolloids Market Analysis
North America Food Hydrocolloids Market is forecasted to grow at a CAGR of 4.9% during the forecast period of (2020-2025).
- North America is one of the largest marketfor hydrocolloids; the specific demand for the substance for oil and fat reduction exists in the region given the food habit and eating practices of the consumers. It acts as a barrier for oils and fats in breaded/fried foods consumed heavily in US.
- By using hydrocolloids, calorie-dense fats and oils can be replaced with what is essentially structured water. Therefore, consumers would prefer products low in oil and fat, which possible through proper use of hydrocolloids.
- The major types of hydrocolloids in the North America hydrocolloid market are gellan gum, xanthan gum, guar gum, locust bean gum, and pectin, among others.
