Global Food Grade HPMC Market Overview:
Food grade HPMC is a chemical with a moderate hydroxypropyl substitute, which is a plant-derived cellulose generally used in the food industry. The HPMC's temperature is controlled and managed between 58 to 70 degrees which can be used in food products such as sauces, pastries, seafood, confectionery products, etc. It can be used as a thicker, binder, suspension agent as this kind of food requires adhesives and coatings for proper binding and texture. Some of the players profiled in the study are DuPont de Nemours, Inc. (United States), HARKE Group (Germany), Dow Inc. (United States), Lotte Corporation (South Korea), Ashland Global Specialty Chemicals Inc. (United States), Shin-Etsu Chemical Co., Ltd. (Japan) and Celotech Chemical Co., Ltd. (China).
On the basis of geography, the market of Food Grade HPMC has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Function, the sub-segment i.e. Emulsifier will boost the Food Grade HPMC market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Sales Channel, the sub-segment i.e. Offline will boost the Food Grade HPMC market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Growth Drivers
- Growing Demand for Bakery and Confectionery Products
- Need for Thickening and Binding Agents in Food Grade Application
- Increasing Consumption of Low Viscosity Food Grade HPMC
- Risk of Side Effects Involved in Food Grade HPMC
- Innovation in Various Kinds of Food Products will Boost the Food Grade HPMC Market
- Surging Demand for Food Grade HPMC from Developing Industry
- Stringent Regulatory Guidelines and Standards on Food Grade HPMC
"Hydroxypropyl methylcellulose is manufactured from high purity cellulose in compliance with GMP and HACCP. In codes and regulations, this product is also known as HPMC, E464, or modified cellulose. The food additive hydroxypropyl methylcellulose (CAS Reg. No. 9004-65-3) may be safely used in food, except in standardized foods which do not provide for such use if: The additive complies with the definition and specifications prescribed in the National Formulary, 12th edition. It is used or intended for use as an emulsifier, film former, protective colloid, stabilizer, suspending agent, or thickener, in accordance with good manufacturing practice.To insure safe use of the additive, the container of the additive, in addition to being labeled as required by the general provisions of the act, shall be accompanied by labeling."
Target Audience:Food Grade HPMC Manufacturers, Food Grade HPMC International Traders, Food Grade HPMC Distributors and Suppliers, Research and Development Institutes, Potential Investors, Regulatory Bodies and Others
Major Objectives Focused through this Study To define, describe, and forecast the Global Food Grade HPMC market on the basis of product [Low Viscosity, Middle Viscosity and High Viscosity] , application [Bakery, Confectionery, Dairy and Others], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Food Grade HPMC market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Food Grade HPMC industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization: Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Vendors which are also part of the research are .
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Food Grade HPMC market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.