Hydrocolloids Market Drivers and Forecasts by 2030

Hydrocolloids are extracted from plants, algae, and seaweed. They can also be manufactured using microbial synthesis. These polymers possess excellent thickening, binding, and gelling abilities. Gelatin, pectin, agar, xanthan gum, carrageenan, gellan gum, alginates, guar gum, locust bean gum (LBG), modified starches, cellulose, chitin, and chitosan are various types of hydrocolloids used in food and beverages, pharmaceuticals, nutraceuticals, personal care products, animal feed and pet food, and other industrial products. The continuously flourishing food & beverages sector in the world due to increasing population, rising urban population, changing lifestyle, and hectic work schedule drives the demand for various food ingredients, including hydrocolloids, bolstering the hydrocolloids market growth.

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