United States, Rockville MD, July 19, 2022 (GLOBE NEWSWIRE) -- As per latest market analysis on natural gelling agents by Fact.MR, a market research and competitive intelligence provider, the global market is projected to be valued at US$ 3.27 billion in 2022, and expand a CAGR of around 6.8% over the period of 2022-2032. High market growth is mainly attributed to rising demand for products containing natural ingredients.
Consumption of natural gelling oil agents, in terms of volume, stood at around 1,065 tons in 2021, accounting for around 7% of total gelling agents volume consumption, which is projected to reach at 1,852 tons by 2032-end.
Furthermore, consumption of natural gelling agents for their application in the production of food & beverages, over the period of 2022-2032, is poised to increase at a CAGR of 6.8%. Moreover, projections are that, demand for natural gelling oil agents in personal care products is poised to increase substantially.
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Key Takeaways from Market Study
- By product type, gelatin natural gelling agents are projected to provide an absolute $ opportunity worth US$ 923 million over the forecast period of 2022 to 2032.
- Based on application, natural gelling agents’ use case in food & beverages is projected to increase at high CAGR of around 6.8% over the decade.
- On the basis of application, consumption of natural gelling agents for the production of various personal care products is poised to expand 1.8X by 2032.
- China is projected to capture around 13% of the global natural gelling agents market share by 2032.
- Europe is set to provide an absolute dollar opportunity worth US$ 588 million by 2032-end.
“Europe is expected to take over the natural gelling agents market in the near future due to the skin care sector increasingly going for adoption of natural gelling agents” says a Fact.MR analyst.
Additionally, growing awareness amongst the population regarding adverse effects of the artificial agents is likely to accelerate the natural gelling agents market in the upcoming period. As such, the cosmetics vertical is also poised to see a rising usage of natural gelling agents going forward.
Fact.MR has provided detailed information about the price points of top natural gelling agents manufacturers positioned across regions, in addition to providing sales growth information, production capacity, and speculative production expansion in the recently published report.
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Top Impacting Factors
- Hydrocolloids are a combination of gelling agents and stabilizers. The rise in application scope in nutraceuticals and nutrition goods such as soluble dietary fiber is expected to drive demand for hydrocolloids during the forecast period.
- The global market for gelling agents is expected to grow owing to growth in demand for dietary supplements as they are highly nutritious.
- Over the next few years, rise in demand for convenience food is projected to bring up new potential for this sector.
- Over the next seven years, market growth is expected to be hampered by a lack of resources and fluctuating pricing for these hydrocolloids and emulsifiers.
Market Developments
The key participants are in natural gelling agents market include CP Kelco, Cargill, Dangshan Heisheng Pectin Co., Ltd., Du Pont Nemours and Company, Fufeng Group Company Ltd., Ingredion Inc., India Glycols Ltd., Hindustan Gums & Chemicals Ltd., Fuerst Day Lawson, Deosen Biochemical Ltd., Opal Biotech, Nitta Gelatin, Kraft Heinz, Rousselot SAS, Rama Gum Industries, Sterling Biotech Ltd., and likewise. The latest developments in this regard are as follows
- CP Kelco, in October 2021, did announce launching GENU Pectin. It comes across as one of the solutions based on natural ingredients meant to improvise on butter milk’s shelf life. The objective behind this launch is expansion the business of natural gelling agents in high-prospect market of India.
- Cargill, in October 2021, did announce tabling of kappa carrageenan. It is a substance that is used to enhance texture of the gelling formulations. This launch was a step towards expansion of the eco-friendly product portfolio.
Key Segments Covered in Natural Gelling Agents Industry Survey
- Natural Gelling Agents Market By Product Type :
- Xanthan Gum
- Gellan Gum
- Low Acyl
- High Acyl
- Guar Gum
- Pectin
- Gelatin
- Natural Gelling Agents Market By Application :
- Personal Care
- Bath Products
- Bubble Bath & Body Wash Liquids
- Shampoo
- Skin Care Products
- Moisturizing Creams
- Facial Creams
- Lotions
- Oral Care
- Bath Products
- Makeup Products Formulation
- Food & Beverages
- Fruit Fillings
- Confections
- Cultured Dairy
- Jams
- Jellies
- Others
- Personal Care
- Natural Gelling Agents Market By Region :
- North America Natural Gelling Agents Market
- Latin America Natural Gelling Agents Market
- Europe Natural Gelling Agents Market
- East Asia Natural Gelling Agents Market
- South Asia & Oceania Natural Gelling Agents Market
- Middle East & Africa Natural Gelling Agents Market
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More Valuable Insights Available
Fact.MR, in its new offering, presents an unbiased analysis of the global natural gelling agents market, presenting historical market data (2017-2021) and forecast statistics for the period of 2022-2032.
The study reveals essential insights by product type (xanthan gum, gellan gum (low acyl and high acyl), guar gum, pectin, and gelatin), by application (personal care (bath products (bubble bath & body wash liquids and shampoo), skin care products (facial creams and moisturizing creams, and lotions) and oral care), makeup products formulation, and food & beverages (fruit fillings, confections, cultured dairy, jams, jellies, and likewise)), and by region (North America, LATAM, Europe, East Asia, South Asia & Oceania, and MEA).
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Expert analysis, actionable insights, and strategic recommendations of the highly seasoned chemicals and materials team at Fact.MR helps clients from across the globe with their unique business intelligence needs. With a repertoire of over a thousand reports and 1 million-plus data points, the team has analysed the chemical and materials industry across 50+ countries for over a decade. The team provides unmatched end-to-end research and consulting services.
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