Gum Hydrocolloid Market Size Forecast to Reach $11.5 Billion by 2025
"The Increase in the Technology and Growing Consciousness Towards Organic and Low-calorie Food is said to further enhance the growth of Gum Hydrocolloid Market. " Gum Hydrocolloid Market size is forecast to reach $11.5 billion by 2025, growing at a CAGR of 5.1% during the forecast period 2020-2025. Hydrocolloid Gums are hydrophilic polymers of vegetable, animal, synthetic origin that generally contain many hydroxyl groups and are generally added to food stuffs to control their functional properties such as thickening and gelling. Increase in the consumption of hydrocolloids based products, growing demand for cosmetics and personal care are the major factors which are estimated to enhance the growth of Gum Hydrocolloid Market during the forecast period 2020-2025. Function- Segment Analysis Based on the Function, the Thickening segment held the largest share in 2019 owing to the factors such as ability to modify the rheology of food system, growing consumer preference toward...