Market Share of China Food Hydrocolloids Industry
The Chinese food hydrocolloids market is fragmented, with the presence of major global and regional players as well as a host of local manufacturers. The major players in the market are Cargill, CP Kelco, and ADM. Companies use various strategies, such as acquisitions, new product launches, expansions, and joint ventures, to expand their market share. DSM is the most active company in the market studied, and it is engaged in product launches, expansions, and other strategies. For instance, in January 2019, DSM launched a new product range for its gellan gum and xanthan gum portfolios, by seeking new opportunities in 'cross-segment' applications.
China Food Hydrocolloids Market Leaders
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CP Kelco
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DuPont de Nemours, Inc.
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DSM
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Cargill, Incorporated
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Archer Daniels Midland Company
*Disclaimer: Major Players sorted in no particular order