Rheological Modifiers Market by Types (Xanthan Gum, Guar Gum, Carrageenan, Pectin, Starch, Gelatin & Collagen, & Others), by Application (Food, Feed & Others), by Function (Gelling Agents, Emulsifiers & Thickeners) - Global Trends and Forecasts to 2019
The market for Rheological Modifiers is observed to be growing at a moderate rate in developing economies such as Asia-Pacific, Latin America as compared to developed regions due to the matured food and feed sector in the latter. The food sector is still major consumer of Rheological Modifiers, and this consumption is expected to grow at a healthy rate.
This market is bifurcated into application (Food, feed and Others),function(Gelling Agents, Emulsifiers, Thickeners), type (Xanthan Gum, Guar Gum, Carrageenan, Pectin, Starch, Gelatin & Collagen, and Others), and region (North America, Europe, Asia-Pacific, and Rest of the world).
A major factor contributing to the growth of the Rheological Modifiers market in Asia-Pacific is the increasing demand of food and feed. Asia-Pacific is the fastest growing and emerging market for the same.
The market is dominated by many large companies and comprises various regional large- and medium-scale players. The giants identified in the Rheological Modifiers industry are BASF (Germany), DOW CHEMICAL COMPANY (U.S.), CARGILL(U.S.), LONZA(Switzerland), EVONIK(Germany) with technical and geographical advantage to gain a substantial market share.
The market is segmented as mentioned below:-
By Type
- Xanthan Gum
- Guar Gum
- Carageenan
- Pectin
- Starch
- Gelatin & Collagen
- Others
By Application
- Food
- Feed
- Others
By Function
- Gelling Agents
- Emulsifiers
- Thickeners
By Geography
- North America
- Europe
- Asia-Pacific
- ROW
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Growth opportunities and latent adjacency in Rheological Modifiers Market