Global Food Thickeners Market Overview:
“The global Food Thickeners Market size is expected to be worth around US$ xx Billion by 2021 from US$ X.xx million in 2031, growing at a CAGR of X.x% during the forecast period 2021 to 2031.”
The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global food thickeners supplement market report has been segmented on the basis of product, application, and region.
Thickening agents are the ingredients added to the food that increase the viscosity of the liquid without changing its properties.
Most of the sauces and gravies are thickened with the addition of starch. Thickener also improves the suspension of other ingredients which increases the stability of the product. Food thickeners are polysaccharide or modified food thickener, most commonly used thickeners are corn starch, gums, and wheat flour.
Food thickeners are used in non-alcoholic beverages such as juices, energy drinks, and fruit pulps. Growing demand for non-alcoholic beverages is expected to boost the food thickeners market over the forecast period.
Consumers spending on processed and convenience food products is expected to have a positive impact on the market. Growing acceptance of ready-mix products including snacks mix, dessert mix, and curry mix furthermore, changing lifestyle of consumers and dietary habits is expected to drive the food thickeners market.
Starch is projected to be the fastest growing product segment in the global food thickener market. It does not affect the taste of the food.
Properties of starch such as stability, high viscosity, and low cost are expected to boost the starch market. Moreover, availability of starch is expected to have a positive impact on the market.
Bakery product is expected to be the largest application segment. Health risks due to consumption of gluten is boosting demand for gluten-free bakery ingredients, which likely boost the demand for food thickeners in the bakery products segment.
The Asia Pacific is expected to be the fastest growing regions owing to changing lifestyle of the people and increasing disposable income of the people in the region. The market in the region is majorly driven by the growth of food & beverage industry.
Changing consumer preference and growing demand for clean label food products is expected to boost bakery and confectionery market which in turn is expected to have a positive impact on the thickener market.
Market segmentation and key players operating in the global market:
Global Food Thickeners Supplement Market segmentation, by product:
Global Food Thickeners Supplement Market segmentation, by application:
- Dairy products
Global Food Thickeners Supplement Market segmentation, by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- Archer Daniels Midland Company
- Cargill Incorporated
- Nordic Naturals Inc.
- Tate & Lyle PLC
- Kerry Inc.
- TIC Gums
- Ingredion Corporation
- Fuerst Day Lawson
- Medline Industries Inc.
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