Gelling Agents Market By Type (Gelatin, Carrageenan, Xanthan Gum, and Sodium Alginate), By Application (Chemical Industry, Food Industry, and Construction Industry), and By Region - Market Trends, Analysis, and Forecast till 2034

Report Code: PMI274619 | Publish Date: April 2024 | No. of Pages: 165

Global Gelling Agents Market Market Size

Gelling agents market is expected to grow at a compound annual growth rate (CAGR) of 12.10% to reach US$ 15.9 billion by 2034 from its estimated US$ 5.6 billion in 2024.

Gels, which are viscoelastic semisolids with elastic solid and viscous liquid properties and a weakly cohesive internal structure, are encouraged to form by gelling agents, a type of food additive. They fall into one of two categories: hydrophilic inorganic compounds or organic hydrocolloids. Gelling agents are used at a concentration of 0.5%–10% in semisolid dose form. Agar, gelatin, cellulose derivatives, pectin, tragacanth, and sodium alginate are a few gelling agents.

Most hydrocolloids are made up of gelling agents. Apart from producing gels in a variety of food products like yogurts, jams, jellies, candies, and desserts, gelling agents can also thicken or stabilize the mixture without turning grittier. The increasing use of confectionary gelling agents is expected to propel the market. In order to facilitate market expansion, gelling agents—such as creams, lotions, and gel capsules—are also utilized in the pharmaceutical and cosmetics sectors. The market is also being driven by consumers' growing awareness of the health benefits of natural and clean-label ingredients as well as the rising demand for vegetarian and vegan products.