Increasing food and beverage consumption will further fuel the use of several additives, including gum hydrocolloids. The wide occurrence of gum hydrocolloid in various edible foods is due to the properties of the ingredient. As a functional food ingredient, gum hydrocolloid is present to provide stability and increase the viscosity of an edible product. The adhesive properties of hydrocolloids allow the food product to naturally fix the ingredients.
The rising consumption of processed food products is also expected to drive the demand for gum hydrocolloids. Additionally, the use of gum hydrocolloids has significantly reduced the fat content of food products. Along with the global trend toward the consumption of healthy and low-calorie food products, the demand for gum hydrocolloids is expected to increase significantly.
Gum Hydrocolloid Market: Drivers and Restraints
The global gum hydrocolloid market is primarily driven by growing consumer preference for natural food products. The growing consumption of natural ingredients will also catalyze the growing demand for gum hydrocolloids. Apart from this, the impact of R&D to improve the gelling properties of hydrocolloid ingredients will also increase the demand for gum hydrocolloids.
The shortage of natural raw materials can be seen as a major challenge that inhibits the growth of the hydrocolloid rubber market. The irregular supply of these raw materials will therefore raise their prices and increase the production costs of using Gum Hydrocolloids as additives. The nature of seasonal Gum Hydrocolloid production may also limit the use of available raw materials and affect the growth of the global Gum Hydrocolloid market.
Global Gum Hydrocolloid Market: Regional Overview:
North America is expected to become the most profitable region in the global Gum Hydrocolloid market. The growing consumption of processed foods and growing food trends in the United States and Canada will continue to fuel the growth of the North American Gum Hydrocolloid market. Changing lifestyles and food consumption in developing countries such as China and India are also expected to drive the expansion of the gum hydrocolloids market in the Asia Pacific.
To increase consumer demand, manufacturers aim to incorporate scientific developments in the production techniques of Gum Hydrocolloids. Major competitors in the global gum hydrocolloid market include Cargill Inc., Kerry Group PLC, Archer Daniels Midland Company (ADM), E.I. DuPont De Nemours & Company, Royal DSM, and Danisco A/S, among others.