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Natural Gelling Agents Market

Health-conscious Population to Drive Demand Growth of Natural Gelling Agents Market, Evaluates Fact.MR

Published : 17 Feb 2022 Industry: Chemical & Materials

As per latest market analysis on natural gelling agents by Fact.MR, a market research and competitive intelligence provider, the global market is projected to be valued at US$ 3.27 billion in 2022, and expand a CAGR of around 6.8% over the period of 2022-2032. High market growth is mainly attributed to rising demand for products containing natural ingredients.

Historically, consumption of natural gelling agents has been driven increased use case in personal care and food & beverage products. Over the years, the number of health-conscious consumers has increased substantially across the world. Preferences have now has shifted towards products containing natural ingredients such as plant and animal extracts. Since artificial gelling agents undergoes various chemical processes, they have a negative impact on health; thus, demand for artificial gelling agents has seen a dip, providing a positive outlook for natural gelling agent manufacturers.

Key Takeaways from Market Study

  • By product type, gelatin natural gelling agents are projected to provide an absolute $ opportunity worth US$ 923 million over the forecast period of 2022 to 2032.
  • Based on application, natural gelling agents’ use case in food & beverages is projected to increase at high CAGR of around 6.8% over the decade.
  • On the basis of application, consumption of natural gelling agents for the production of various personal care products is poised to expand 1.8X by 2032.
  • China is projected to capture around 13% of the global natural gelling agents market share by 2032.
  • Europe is set to provide an absolute dollar opportunity worth US$ 588 million by 2032-end.

“Rise in awareness regarding animal cruelty and growing veganism driving the consumption of natural gelling agents,” says a Fact.MR analyst.

Winning Strategy

Market players involved in the production of natural gelling agents have shifted their focus towards product development and innovation. Additionally, companies are diversifying their product portfolios with the introduction of eco-friendly and sustainable products. As consumer preferences are changing, key companies are enhancing their strategies to gain a competitive market advantage.

More Valuable Insights Available

Fact.MR, in its new offering, presents an unbiased analysis of the natural gelling agents market, presenting historical market data (2017-2021) and forecast statistics for the period of 2022-2032.

The study reveals essential insights on the basis of product type (xanthan gum, gellan gum [low acyl and high acyl], guar gum, pectin, and gelatin), application (personal care [bath products {bubble bath & body wash liquids and shampoo}, skin care products {moisturizing creams, facial creams, and lotions}, and oral care], makeup products formulation and food & beverages [fruit fillings, confections, cultured dairy, jams, jellies, and others]), and across six major regions of the world (North America, Latin America, Europe, East Asia, South Asia, Oceania, and MEA).

About the Chemicals and Materials Division at Fact.MR

Expert analysis, actionable insights, and strategic recommendations of the highly seasoned chemicals and materials team at Fact.MR helps clients from across the globe with their unique business intelligence needs. With a repertoire of over thousand reports and 1 million-plus data points, the team has analysed the chemicals industry across 50+ countries for over a decade. The team provides unmatched end-to-end research and consulting services. Reach out to explore how we can help.

For more information, refer to our market research report or contact the PR author.

Yash Pathak

Fact.MR

Client Partner – Chemicals & Materials

E-mail: yash@factmr.com

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Natural Gelling Agents Market

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Natural Gelling Agents Market Analysis by Product Type (Xanthan Gum, Gellan Gum, Guar Gum, Pectin), by Application (Personal Care, Makeup Products Formulation, Food & Beverages), by Region - Global Forecast 2022-2032