Argentina Food Hydrocolloids Market Size
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 4.23 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Argentina Food Hydrocolloids Market Analysis
Argentina Food Hydrocolloids Market is projected to register a CAGR of 4.23% during the forecast period, 2020-2025.
- The demand for natural food products is increasing among health-conscious consumers. This has resulted in the tremendous growth of the global hydrocolloids market. Hydrocolloids function as binding agents, stabilizers, emulsifiers, thickeners, and gelling agents.
- When compared to other regions South America is the slowest growing market. However, increasing consumption of convenience and processed foods is expected to create demand in these regions.
Argentina Food Hydrocolloids Market Trends
This section covers the major market trends shaping the Argentina Food Hydrocolloids Market according to our research experts:
Growing Demand For Processed Foods in the Country
Countries in South America like Brazil and Argentina showed rapid demand for processed foods in the past few years. Ultra-processed foods are the market segment that found faster growth in Argentina. The nutritional profile of the fraction of ultra-processed food consumption showed higher energy density, higher overall fat content, higher saturated and trans fat, higher levels of free sugar and less fiber, protein, sodium, and potassium, when compared to the fraction of consumption related to natural or minimally processed foods have propelled the demand. Thus the growing demand for processed food in the country is expected to boost the sales of the market.
Meat and Seafood Holds A Prominent Share
The increased consumption of meat in the country is due to increasing consciousness among the people about their protein intake in their daily diet. Moreover, owing to the growing health awareness among consumers in the country, manufacturers are focusing on offering processed meat products with healthy ingredients.
The demand for antibiotic, preservative, and gluten-free processed meat products is gaining popularity across the country. Furthermore, the rising middle-class population and the increasing number of working women will also boost the demand for processed meat as these items have improved shelf life and reduce the preparation, cooking, and clean up times. The strong demand for processed meat will lead to growth in the market studied.
Argentina Food Hydrocolloids Industry Overview
Argentina Food Hydrocolloids Market is competitive with the presence of several players and the major players include Cargill, Incorporated, Ingredion Inc, W Hydrocolloids, Inc, DuPont among others. The key strategies being used by these market players are that of focusing on the expansion of new facilities and launching new products & Services.
Argentina Food Hydrocolloids Market Leaders
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Cargill, Inc.
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Ingredion Incorporated
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DuPont
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CP Kelco
*Disclaimer: Major Players sorted in no particular order
Argentina Food Hydrocolloids Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Deliverables and Study Assumptions
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
- 4.1 Market Drivers
- 4.2 Market Restraints
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4.3 Porter's Five Forces Analysis
- 4.3.1 Threat of New Entrants
- 4.3.2 Bargaining Power of Buyers/Consumers
- 4.3.3 Bargaining Power of Suppliers
- 4.3.4 Threat of Substitute Products
- 4.3.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
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5.1 By Type
- 5.1.1 Gelatin Gum
- 5.1.2 Pectin
- 5.1.3 Xanthan Gum
- 5.1.4 Other
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5.2 By Application
- 5.2.1 Bakery & Confectionery
- 5.2.2 Dairy and Frozen Products
- 5.2.3 Beverages
- 5.2.4 Meat and Seafood Products
- 5.2.5 Oils and Fats
- 5.2.6 Other Applications
6. COMPETITIVE LANDSCAPE
- 6.1 Most Adopted Strategies
- 6.2 Market Position Analysis
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6.3 Company Profiles
- 6.3.1 Cargill, Incorporated.
- 6.3.2 DuPont de Nemours, Inc
- 6.3.3 Ingredion Inc.
- 6.3.4 CP Kelco
- 6.3.5 W Hydrocolloids, Inc.
- 6.3.6 AgarGel
- 6.3.7 Vogler Ingredients
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Argentina Food Hydrocolloids Industry Segmentation
Argentina Food Hydrocolloids Market is segmented by Type into Gelatin Gum, Pectin, Xanthan Gum, and Other Types. The market is segmented by Application into Dairy and Frozen Products, Bakery, Beverages, Confectionery, Meat and Seafood Products, Oils and Fats, and Other Applications.
By Type | Gelatin Gum |
Pectin | |
Xanthan Gum | |
Other | |
By Application | Bakery & Confectionery |
Dairy and Frozen Products | |
Beverages | |
Meat and Seafood Products | |
Oils and Fats | |
Other Applications |
Argentina Food Hydrocolloids Market Research FAQs
What is the current Argentina Food Hydrocolloids Market size?
The Argentina Food Hydrocolloids Market is projected to register a CAGR of 4.23% during the forecast period (2024-2029)
Who are the key players in Argentina Food Hydrocolloids Market?
Cargill, Inc., Ingredion Incorporated, DuPont and CP Kelco are the major companies operating in the Argentina Food Hydrocolloids Market.
What years does this Argentina Food Hydrocolloids Market cover?
The report covers the Argentina Food Hydrocolloids Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Argentina Food Hydrocolloids Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Argentina Food Hydrocolloids Industry Report
Statistics for the 2024 Argentina Food Hydrocolloids market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Argentina Food Hydrocolloids analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.