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Middle East And Africa Hydrocolloids Market By Type (Gelatin, Starch, Xanthan Gum, Carrageenan, Alginate, Pectin, Agar, Galactomannans And Others), By Source (Natural Sources Such As Plants, Animals, Microbial, Seaweed And Synthetic Sources), By Function (Stabilizer, Emulsifier, Jellying Agent, Fat Replacer, Coating Agents And Others) By Application (Dairy & Frozen Products, Bakery, Meat, Poultry & Seafood, Beverages, Confectionary, Oils & Fats And Others), and By Country (KSA, UAE, Israel, rest of GCC countries, South Africa, Ethiopia, Kenya, Egypt, Sudan and Rest of MEA) – Size, Share, Trends, Growth, Forecast (2022 to 2027)

Published: January, 2022
ID: 2650
Pages: 145

Middle East and Africa Hydrocolloids Market Growth and Forecast (2022 - 2027):

Middle East and Africa Hydrocolloids Market was worth USD 0.69 billion in 2021 and estimated to be growing at a CAGR of 6.52%, to reach USD 0.89 billion by 2026.

Market Overview:

A hydrocolloid is defined as a colloid system where the colloid particles consist of hydrophilic polymers dispersed in water. A hydrocolloid has colloid particles spread throughout water, and depending on the quantity of water available that can take place in different states, it is classified as a gel or sol (liquid). Hydrocolloids can be classified as either irreversible or reversible depending on the nature of their transformation when in contact with solvents.

Hydrocolloids have the unique property of forming viscous liquids or gels when they come in contact with water. The main sources of the same are polymers from animals, microbes, plants and synthetics. They are also extensively used in food and beverages products. Seaweed and plant exudates are the major commercial sources of hydrocolloids. Some common examples of the category are gelatin, xanthan gum, locust bean gum, Arabic gum, guar gum, AGAR, pectin and carboxymethyl cellulose.

Drivers and Restraints:

The main driver of the Middle East and Africa Hydrocolloids market is the increased interest shown in Research & Development and innovations in hydrocolloids. This combined with the rising demand of natural hydrocolloids, the increase in demand for processed food, the health concerns among increasingly aware consumers and change in customer preference towards low fat food are some the main drivers for the hydrocolloids market. Hydrocolloids are also finding applications in various beverages leading to a further uptick in demand for the same. As for the restraints, the main put-off for the market is disparities between the supply and demand. The market is also affected by seasonal changes, which lead to a volatility in the pricing of raw materials leading to an increase in expense for the manufacturers. Overall the market is driven by more factors than it is restrained and is expected to have a huge potential for growth.

Middle East and Africa Hydrocolloids Market Segmentation Analysis:

The Middle East and Africa Hydrocolloids market is broadly classified into Gelatin, Starch, Xanthan Gum, Carrageenan, Alginate, Pectin, Agar, Galactomannans and Others based on type, based on Source into Natural Sources such as Plants, Animals, Microbial, Seaweed and Synthetic Source. On the basis of function, they are classified as Stabilizer, Emulsifier, Jellying Agent, Fat Replacer, Coating Agents and Others and based on application into Dairy & Frozen Products, Bakery, Meat, Poultry & Seafood, Beverages, Confectionary, Oils & Fats and Others.

Region Analysis:

Geographically the Middle East and Africa Hydrocolloids Market is segmented into KSA, UAE, Israel, rest of GCC countries, South Africa, Ethiopia, Kenya, Egypt, Sudan and Rest of MEA. The region is the smallest market globally contributing the least to the total market revenue while also having a less than average growth rate. This is mainly due to the underdeveloped nature of many African countries. The major markets in the region are Morocco, South Africa, UAE, Saudi Arabia, Dubai, Qatar and Egypt.

Key Players in the Market:

Major Key Players in the MEA Hydrocolloids Market are

  • CP Kelco
  • Cargill Inc
  • Ashland Inc
  • Ingredion
  • Tic Gums Inc
  • Darling Ingredients
  • Kerry Group
  • Hawkins Watts
  • DuPont
  • Royal DSM

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