The global hydrocolloids market size is expected to experience substantial growth by reaching USD 13.30 billion by 2027 while exhibiting a CAGR of 5.13% between 2020 and 2027. This is attributable to the growing demand for convenience food products and the growing awareness regarding the benefits of clean-labeled additives such as hydrocolloids across the globe.

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Hydrocolloids Market Size, Share | Global Industry Report, 2027
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Hydrocolloids Market Size, Share | Global Industry Report, 2027

The global hydrocolloids market size accounted for USD 9.07 billion in 2019. The global impact of COVID-19 has been unprecedented and staggering, with hydrocolloids witnessing a slight negative impact on demand across all regions amid the pandem