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Gum Hydrocolloid Market Share

Report ID: GMI7342
Published Date: Nov 2023
Report Format: PDF

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Gum Hydrocolloid Market Share

Major companies operating in the gum hydrocolloid industry includes:

Nestlé
Danone
Chobani
Yoplait
Fage
Yakult
La Yogurt
Stonyfield Farms
Greek Gods
General Mills
Lifeway Foods
Valio

The market players are undergoing various strategic initiatives, such as mergers and acquisitions, partnerships, collaborations.

Cargill operates in diverse business segments, including food ingredients, animal nutrition, agricultural supply chain, industrial services, and beauty and personal care. The company places a strong emphasis on sustainability, actively participating in responsible sourcing, supply chain management, and environmental stewardship. As a privately-held entity, Cargill can take a long-term view and prioritize corporate social responsibility, philanthropy, and innovation, with a commitment to addressing global challenges, such as changing consumer preferences and regulatory landscapes.

Authors: Kiran Pulidindi, Manish Mohanan

Frequently Asked Questions (FAQ) :

Market size for gum hydrocolloid was USD 11.5 billion in 2022 and is expected to reach USD 19.8 billion by 2032 due to the rising number of health-conscious actively looking for cleaner labels and healthier food products.

Gum hydrocolloid industry size from the gelatin product type segment reached USD 3.3 billion in 2022 and is expected to witness robust CAGR from 2023-2032 due to its long history of usage in the food and beverage industry as a gelling agent, stabilizer, and thickening agent.

North America industry size for gum hydrocolloid reached USD 3.9 billion in 2022 and is expected to register commendable CAGR from 2023-2032 due to higher preference for products with clean labels and natural ingredients.

Nestlé, Danone, Chobani, Yoplait, Fage, Yakult, La Yogurt, Stonyfield Farms, and Greek Gods are some of the major gum hydrocolloid companies worldwide.