New report: Hydrocolloids Market shows exponential growth by market share

Hydrocolloidsmarket19 May, 2021Business

The global hydrocolloids market size is expected to reach USD 14.35 Billion at a steady CAGR of 5.1% in 2028, according to latest analysis by Emergen Research. Rapid market revenue growth can be attributed to increasing application of hydrocolloids in foods and beverages. Hydrocolloids as food additives find widespread use in numerous food formulations to enhance quality and shelf-life. Hydrocolloids are primarily used as rheology modifiers in foods and beverages to modify texture and or viscosity, and thus alters sensory properties of foods and beverages.