The global food thickeners market is expected to grow in the forecast period of 2022 to 2029. Data Bridge Market Research analyses that the market is growing with a CAGR of 5.5% in the forecast period of 2022 to 2029 and is expected to reach USD 13,140.12 million by 2029 from USD 8,558.00 million in 2021.
Key Pointers Covered in Global Food Thickeners Market Industry Trends and Forecast to 2029
Top to bottom market analysis
Recent developments for market competitors
Recent market value for different countries
Market value and overview of food thickeners market
Company profiling of top eight players of food thickeners market
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Global Food Thickeners Market Scope and Market Size
The global food thickeners market is segmented into five notable segments based on type, form, nature, source and application. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
On the basis of type, the global food thickeners market is segmented into protein, starch, hydrocolloids, pectin, and others. In 2022, the hydrocolloids food thickeners segment is expected to dominate the market due to growing use of hydrocolloids in confectionery products which mainly include jam, jelly, marmalade, chewing gum, and low sugar/calorie gels.
On the basis of form, the global food thickeners market is segmented into gel, powder, granules, and others. In 2022, the powder segment is expected to dominate the market due to easy to use nature of powder form and maintain as compared to other form food thickeners.
On the basis of nature, the global food thickeners market is segmented into GMO and non-GMO. In 2022, non-GMO segment is expected to dominate the market due to the growing demand for organic, naturally grown foods.
On the basis of source, the global food thickeners market is segmented into plant-based, animal-based, marine, and microbial. In 2022, the plant-based segment is expected to dominate the market due to the growing popularity of plant-based food thickeners such as starch that are extracted from grains such as corn, wheat, or rice and root vegetables such as potato, cassava, and arrowroot.
On the basis of application, the global food thickeners market is segmented into food and beverage. In 2022, the food segment is expected to dominate the market due to a rise in the benefits associated with the product offering more than just thickening capabilities.
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Some of the key questions answered in this report:
How has the Global Food Thickeners Market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the Global Food Thickeners Market?
What are the key regional markets?
What is the breakup of the market based on the procedure?
What is the breakup of the market based on the injury location?
What is the breakup of the market based on the end user?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the Global Food Thickeners Market and who are the key players?
What is the degree of competition in the industry?
Trends Impacting the Market
Now the question is which other regions Ingredion Incorporated, Cargill, Incorporated, and ADM are targeting? Data Bridge Market Research has forecasted a large growth in the Asia-Pacific food thickeners market and the market leaders targeting China to be their next pocket revenue for 2021.
The food thickeners market is becoming more competitive with companies such as Ingredion Incorporated, Cargill, Incorporated, and ADM among others are the top dominating companies in food thickeners market and have launched novel services and consumables in the market. The data bridge market research new reports highlight the major growth factors and opportunities in the global food thickeners market.
For more analysis on the global food thickeners market, request for a briefing with our analysts
Market Analysis and Insights: Global Food Thickeners Market
Food thickeners are defined as the food modifying agents that are used to modify the texture structure of food & beverages. They are used to increase the thickness of food & beverages, helping absorb the water content in the edibles once they are integrated into the products. These products are majorly utilized to modify the viscosity of these products, giving them a consistent overall structure. The market's most widely used food thickeners are starches, followed by hydrocolloids and proteins. Food thickeners are used in food applications such as bakery products, confectionery products, sauces, dressings, marinades, gravies, beverages, dairy, frozen desserts, convenience, processed food, among others.
A rise in the new product innovation and increase in the research and development activities in the market will further create new opportunities for the global food thickeners market. On the other hand, possible health concerns regarding xanthan gum and carrageenan may challenge the growth of the global food thickeners market.
The premium Global Food Thickeners Market document is an entire overview of the market, covering various aspects including product definition, customary vendor landscape, and market segmentation based on various parameters such as type of product, its components, type of management and geography. This report contains a deep knowledge and information on what the market’s definition, classifications, applications, and engagements are while explaining the drivers and restraints of the market which is derived from SWOT analysis. Market shares of key players in the major areas of the globe such as Europe, North America, Asia Pacific, South America, Middle East and Africa is also studied in the worldwide Global Food Thickeners Market business report.
No stone is left unturned while preparing the widespread Global Food Thickeners Market research report and others. This market report is an excellent resource that provides current as well as upcoming technical and financial details of the Food & Beverage industry to 2029. Moreover, competitive analysis gives an obvious idea about the strategies used by the major competitors in the market which perks up their penetration in the market. The strategies in this report include but are not limited to new product launches, expansions, agreements, joint ventures, partnerships, and acquisitions. Global Food Thickeners Market document has studied key opportunities in the market and influencing factors which is useful to take the business to the new level.
Global Food Thickeners Market Country Level Analysis
The countries covered in the global food thickeners market report are the U.S., Canada and Mexico, the U.K., Germany, France, Spain, Italy, Netherlands, Switzerland, Russia, Turkey, Belgium and the Rest of Europe, China, South Korea, Japan, India, Australia, Singapore, Malaysia, Indonesia, Thailand, Philippines and rest of Asia-Pacific, South Africa, Saudi Arabia, U.A.E., Kuwait and rest of the Middle East and Africa, Brazil, Argentina and Rest of South America.
Global Food Thickeners Market Share Analysis
The global food thickeners market competitive landscape provides details by the competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width, and breadth, application dominance, technology lifeline curve. The above data points are only related to the company's focus on the global food thickeners market.
Key player Global Food Thickeners Market
CP Kelco U.S., Inc.
Tate & Lyle
DuPont Nutrition Bioscience ApS
Jungbunzlauer Suisse AG
Deosen Biochemical (Ordos) Ltd.
VIKAS WSP LTD.
Guar Resources, LLC.
Medline Industries, LP
Kent Precision Foods Group, Inc.
Chimique (India) Ltd
Fooding Group Limited
HL Agro Products Pvt. Ltd.
MAJOR TOC OF THE REPORT
Chapter One: Introduction
Chapter Two: Market Segmentation
Chapter Three: Market Overview
Chapter Four: Executive Summary
Chapter Five: Premium Insights
Chapter Six: Global Food Thickeners Market Share by Product & Procedure type
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