Global Plant Source Hydrocolloids market cagr 12.3%

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Plant Source

Hydrocolloids Market

Plant Source Hydrocolloids Market Scope: Industry

Analysis, Market Size, Growth, Trends Till 2031

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Plant Source Hydrocolloids Market Size and Growth

The Plant Source Hydrocolloids market is experiencing robust growth, driven by increasing demand for natural additives in food and beverages. In 2023, the market size is estimated at approximately $1.2 billion, influenced by consumer trends towards plant-based ingredients and health-oriented products. Growth opportunities are prevalent across various applications globally. Request Sample Report

Companies Covered

(Covid 19 Impact Covered)

◍ DowDupont

◍ Cargill

◍ Darling Ingredients

◍ Kerry Group

◍ CP Kelco

◍ Ashland

◍ Fuerst Day Lawson

◍ Ingredion

◍ Koninklijke

◍ Rico Carrageenan

◍ Archer Daniels Midland

◍ Hispanagar

◍ CEAMSA

◍ FMC

◍ Lubrizol

The Plant Source Hydrocolloids Market features key players like DowDupont, Cargill, and Kerry Group, focusing on sustainable ingredients for food and beverages. Companies leverage hydrocolloids for thickening and stabilization, driving market growth.

Notable sales revenues include:

- Cargill: $134 billion

- ADM: $85 billion

- Ingredion: $6 billion

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Market Segmentation

By Application

◍ Bakery and Confectionery

◍ Meat and Poultry

◍ Sauces and Dressings

◍ Beverages

◍ Other

By Product

◍ Cellulose and Derivatives

◍ Hemicellulose

◍ Pectin

◍ Exudate Gums ◍ Other

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Market Growth

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$ X Billion USD

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Global Plant Source Hydrocolloids market cagr 12.3% by ReportPrime - Issuu