TechNavio recognizes the following companies as the key players in the Global Hydrocolloid Market: Cargill Inc., CP Kelco, Danisco A/S, and FMC Corp.
Commenting on the report, an analyst from TechNavio’s team said: “The Global Hydrocolloid market in the Retail Industry is witnessing increased investment by vendors in their R&D activities. The market is witnessing numerous innovative products and compounds being introduced, such as the gelling process. In addition, vendors are working to reduce the cost of product distribution, and their storage and maintenance. Furthermore, rapidly changing technology and changes in consumer preferences are forcing vendors to deliver innovative preserving techniques that are highly efficient to survive the commoditization in the market. Thus, the market is expected to witness the development of innovative hydrocolloid products during the forecast period.”
According to the report, one of the major drivers in the market is the increasing demand for healthy and natural foods. Hydrocolloids are natural and healthy to consume. They also help keep food safe and fresh without the need for any added preservatives. The awareness of this fact among end-users is propelling the growth of the Global Hydrocolloid market.
Further, the report states that the major challenge faced by the market is the threat of ingredient and raw material contamination which is a major threat that vendors often face during the manufacture of products. Such issues will not only decrease the company’s sales, but will also destroy its brand image.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/report/global-hydrocolloid-market-2014-2018
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/healthcare-chemicals-food-retail
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TechNavio Announces the Publication of its Research Report -Global Hydrocolloid Market 2014-2018
