Europe Food Hydrocolloids Market

Europe Food Hydrocolloids Market Analysis

The Europe Food Hydrocolloids Market is expected to register a CAGR of 5.8% during the forecast period.

• The increase in consumer preference for convenience foods indirectly contributes to the growing demand for hydrocolloids required as stabilizers, binding agents and thickening agents in convenience food products. The processed food market is driven by the greater need for convenience due to the busy lifestyles of consumers. This, in turn, increases the demand for hydrocolloids.
• The numerous applications of hydrocolloids in food has led to the introduction of new procedures or complex steps in food processing.
• Food manufacturers are adopting novel food processing methods and are demanding new hydrocolloids that can impart the desired functions.

Europe Food Hydrocolloids Market Trends

Increased Utilization in Confectionery

Confectionery provides one of the most important markets for a range of hydrocolloids. Functionality requirements range from a simple gel or coating to the most complex of properties with many factors from production to final consumption carefully balanced. Hydrocolloids may provide the shiny finish on a pastry or tart, the glue for keeping a coating on the surface of a candy, or the 'melt in the mouth' texture which consumers value. In a more complex way, hydrocolloids play a critical role in the flavour release profile along with the sweetness impact. The physiological benefits of some hydrocolloids are also being identified and delivered through confectionery. These application for hydrocolloids guarantees continued growth in the market.

France Holds the Major Share in the Market

Developing countries are witnessing similar trends with changing lifestyle and eating habits. Health risks associated with obesity and high healthcare costs have made consumers look for healthier options, in the form of low-fat and low-calorie products. Since food hydrocolloids are largely derived from plants, consumers perceive hydrocolloids as a cleaner, natural option among other food additives. The consumer preference for naturally derived products has made the food industry to look at hydrocolloids as thickeners, gelling agents, texturizer and stabilizer in food processing, to improve the shelf life of food products and preserve the product during heating. The increased consumption of confectionery products is another reason driving the demand for hydrocolloids, as these natural products give the consumer the desired taste and texture while at the same time addressing the concerns of calorie-conscious consumers.

Europe Food Hydrocolloids Industry Overview

Europe Food Hydrocolloids Market is fragmented with the presence of several players and the major players include CP Kelco, Rousselot, Cargill Inc., DuPont, and Royal DSM. The key strategies being used by these market players are that of focusing on expansion of new facilities and launching new products & Services.

Europe Food Hydrocolloids Market Leaders