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Plant Hydrocolloids Market Projected to Register 6.7% CAGR through 2017 to 2026

The aforementioned aspects are paving high demand for plant hydrocolloid in the food industries. Significant surge in adoption of low-fat & low-calorie foods is likely to bolster adoption of plant hydrocolloid. Preferences of consumers are changing, coupled with technological developments, for nutritional & healthy foods, which in turn is resulting into soaring requirement for natural hydrocolloid as a consequence, such as plant hydrocolloid. On the other hand, volatile prices of plant hydrocolloid owing to the seasonal nature of production will create hindrances to the market expansion. Growing demand and supply gap is further likely to negatively impact growth of the plant hydrocolloid market globally.

 

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