Mexico Hydrocolloids Market is expected to reach at a CAGR of 9.8% in the forecast period of 2018 to 2025. The new market report contains data for the historic year 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
Market Segmentation
By Source (Natural Hydrocolloids, Synthetic Hydrocolloids), Type (Gelatin, Carrageenan, Alginates, Agar, Pectin, Gum, Carboxymethyl Cellulose and Others), Application (Bakery, Confectionery, Meat & Poultry Products, Sauces & Dressings, Beverages, Dairy Products, Personal Care, and Others), Function (Thickener, Stabilizer, Gelling Agent, Fat Replacer and Coating Material)

Major growing sectors under the market segmentation are as follows;

In Source, the natural hydrocolloids are highly utilized because of its growing application in food and beverage industry. Consumers perception towards natural and organic ingredients is paving the way for natural hydrocolloids in Mexico

In Type pectin are growing at the highest CAGR because growing usage in personal care products such as face cream, ant-aging cream and others

In Application, personal care is growing with highest CAGR rate because launches of new innovative personal care products which uses hydrocolloids for various functions

In Function, thickener is highly utilized due to growing demand for ice cream and bakery products.


Key Market Players

The key market players for Mexico hydrocolloids market are listed below;

DuPont
Cargill, Incorporated
Ashland Global Specialty Chemical Incorporation
INGREDION Incorporated
CP Kelco
Archer Daniels Midland Company
Darling Ingredients Inc.
B. Braun Melsungen AG
Koninkluke DSM N.V.
Fiberstar