Canada Hydrocolloids Market Size & Outlook, 2022-2030
Canada hydrocolloids market, 2016-2030 (US$M)
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Canada hydrocolloids market highlights
- The Canada hydrocolloids market generated a revenue of USD 546.4 million in 2022 and is expected to reach USD 850.1 million by 2030.
- The Canada market is expected to grow at a CAGR of 5.7% from 2023 to 2030.
- In terms of segment, gelatin was the largest revenue generating product in 2022.
- Pectin is the most lucrative product segment registering the fastest growth during the forecast period.
Hydrocolloids market data book summary
| Market revenue in 2022 | USD 546.4 million |
| Market revenue in 2030 | USD 850.1 million |
| Growth rate | 5.7% (CAGR from 2022 to 2030) |
| Largest segment | Gelatin |
| Fastest growing segment | Pectin |
| Historical data | 2016 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Gelatin, Xanthan Gum, Carrageenan, Alginates, Pectin, Guar gum, Gum arabic, Carboxy Methyl Cellulose, Agar, Locust Bean Gum |
| Key market players worldwide | DuPont de Nemours Inc, Palsgaard, Ingredion Inc, Kerry Group PLC Class A, BASF, Ashland Inc, CP Kelco, Glanbia PLC, Darling Ingredients Inc, Tate & Lyle PLC, Cargill, Fuerst Day Lawson, Koninklijke DSM NV, Archer-Daniels Midland Co |
Other key industry trends
- In terms of revenue, Canada accounted for 4.9% of the global hydrocolloids market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. hydrocolloids market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 850.1 million by 2030.
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Hydrocolloids Market Scope
Hydrocolloids Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Canada hydrocolloids market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to hydrocolloids market will help companies and investors design strategic landscapes.
Gelatin was the largest segment with a revenue share of 22.88% in 2022. Horizon Databook has segmented the Canada hydrocolloids market based on gelatin, xanthan gum, carrageenan, alginates, pectin, guar gum, gum arabic, carboxy methyl cellulose, agar, locust bean gum covering the revenue growth of each sub-segment from 2016 to 2030.
- Canada Hydrocolloids Product Outlook (Revenue, USD million, 2016-2030)
- Gelatin
- Xanthan Gum
- Carrageenan
- Alginates
- Pectin
- Guar gum
- Gum arabic
- Carboxy Methyl Cellulose
- Agar
- Locust Bean Gum
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada hydrocolloids market , including forecasts for subscribers. This country databook contains high-level insights into Canada hydrocolloids market from 2016 to 2030, including revenue numbers, major trends, and company profiles.
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Canada hydrocolloids market size, by product, 2016-2030 (US$M)
Canada Hydrocolloids Market Outlook Share, 2022 & 2030 (US$M)
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