Published Date: June 2024
Gelling Agents Market was valued at US$ 5.6 Billion in 2024 and is projected to grow at a CAGR of 12.10% to reach US$ 15.9 Billion by 2034.
Gelling Agents also known as gelatinous substances or hydrocolloids, are compounds used to create gels or thicken liquids. These agents have the ability to form a three-dimensional network when dispersed in a liquid, resulting in the formation of a gel matrix. Gels created by gelling agents exhibit a semi-solid or solid consistency and have unique properties that make them useful in various industries and applications.
Natural components are becoming more prevalent across a variety of industries, including food, pharmaceuticals, and personal care, as a result of consumers' growing demand for products with clean labels. Natural gelling agents from sources including kelp extracts and plant-based hydrocolloids are thought to be healthier and more environmentally friendly options. As customers become more aware of the substances used in their products, the demand for natural Gelling Agents Market has increased.
The report “Gelling Agents Market, By Type (Gelatin, Carrageenan, Xanthan Gum, and Sodium Alginate), By Application (Chemical Industry, Food Industry, and Construction Industry), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2034”
Key Highlights:
- In October 2021, CP Kelco, a global leader of nature-based ingredients, launched “GENU Pectin YM-SAL 200”, which is an improved stabilizing solution for long shelf-life buttermilk with the saltier taste that consumers prefer. The new GENU Pectin YM-SAL 200 preserves and stabilizes protein over time and can withstand salt contents of up to 0.8%. Citrus peels, a waste product of the juice industry, are used to make GENU Pectin.
Analyst View:
There is a growing preference among consumers for natural and clean label products. Gelling agents derived from natural sources, such as plant extracts and seaweed, are gaining popularity due to their perceived health benefits and eco-friendly nature. Consumers are seeking products with fewer synthetic additives, leading to an increased demand for natural gelling agents in various applications. Gelling agents are also finding applications in other industries such as oil and gas, textiles, and paper production. The demand for gelling agents in these industrial applications is also expected to contribute to the overall market growth.
Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on “Gelling Agents Market, By Type (Gelatin, Carrageenan, Xanthan Gum, and Sodium Alginate), By Application (Chemical Industry, Food Industry, and Construction Industry), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2034”
Key Market Insights from the report:
Gelling Agents Market was valued at US$ 5.6 Billion in 2024 and is projected to grow at a CAGR of 12.10% to reach US$ 15.9 Billion by 2034.Gelling Agents Market is segmented based on Type, Application and Region.
- Based on Type, Gelling Agents Market is segmented into Gelatin, Carrageenan, Xanthan Gum, and Sodium Alginate.
- Based on Application, Gelling Agents Market is segmented into Chemical Industry, Food Industry, and Construction Industry.
- By Region, the Gelling Agents Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Competitive Landscape & their strategies of Gelling Agents Market:
The prominent players operating in the Gelling Agents Market includes, Naturex, Tate & Lyle, DuPont, Cargill, ADM, Nexira, Kerry, Ingredion, Tic Gums, Agro Gums and others.
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