Gelling Agents Market Size, Share, Industry Trends and Forecast to 2033
This report provides an in-depth analysis of the Gelling Agents market, including forecasts from 2023 to 2033. It covers market size, growth potential, industry dynamics, segmentation, regional insights, key players, and emerging trends shaping the future of this industry.
Metric | Value |
---|---|
Study Period | 2023 - 2033 |
2023 Market Size | $5.80 Billion |
CAGR (2023-2033) | 4.7% |
2033 Market Size | $9.27 Billion |
Top Companies | Du Pont de Nemours, Inc., Cargill, Incorporated, Kerry Group, Tate & Lyle |
Last Modified Date | 15 Nov 2024 |
Gelling Agents Market Report (2023 - 2033)
Gelling Agents Market Overview
What is the Market Size & CAGR of Gelling Agents market in 2023?
Gelling Agents Industry Analysis
Gelling Agents Market Segmentation and Scope
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Gelling Agents Market Analysis Report by Region
Europe Gelling Agents Market Report:
Europe's market stands at $1.62 billion in 2023, expected to reach $2.59 billion by 2033, driven by a growing preference for natural food additives and stringent regulations favoring clean-label products.Asia Pacific Gelling Agents Market Report:
In 2023, the Asia Pacific market is valued at $1.09 billion, projected to grow to $1.75 billion by 2033. Rapid urbanization, along with increasing disposable income levels, contribute to the rising demand for packaged food products and natural ingredients.North America Gelling Agents Market Report:
In North America, the market is valued at $2.23 billion in 2023 and is set to grow to $3.56 billion by 2033. The region is witnessing significant demand for plant-based gelling agents fueled by the vegan food trend.South America Gelling Agents Market Report:
The South American market is valued at $0.53 billion in 2023, with expectations to reach $0.84 billion by 2033. Economic development and a rising trend in health-consciousness are helping to boost the market.Middle East & Africa Gelling Agents Market Report:
The market in the Middle East and Africa is valued at $0.33 billion in 2023, with projections suggesting it will reach approximately $0.53 billion by 2033. Growth in this region is attributed to increasing food processing activities and a rise in health awareness.Request a custom research report for industry.
Gelling Agents Market Analysis By Type
Global Gelling Agents Market, By Type Market Analysis (2023 - 2033)
Natural Gelling Agents dominate the market, valued at $5.00 billion in 2023, climbing to $7.98 billion by 2033, holding 86.14% of the market share. Synthetic Gelling Agents contribute $0.80 billion, expected to grow to $1.28 billion (13.86% share). The increasing preference for natural ingredients is driving the demand for natural over synthetic gelling agents.
Gelling Agents Market Analysis By Source
Global Gelling Agents Market, By Source Market Analysis (2023 - 2033)
Animal-sourced gelling agents currently stand at $3.97 billion (68.44% share), projected to reach $6.34 billion by 2033. Plant-sourced gelling agents are valued at $1.62 billion (27.98% share), expected to grow to $2.59 billion. Microbial-sourced agents, although smaller in share, show potential for growth, especially in niche applications.
Gelling Agents Market Trends and Future Forecast
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