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.
The large scale Global Food Thickeners Market report is a comprehensive background analysis of the food and Beverages industry which includes an assessment of the parental market. The report is a professional and a detailed market study focusing on primary and secondary drivers, market share, leading segments and geographical analysis. The report also guides in prioritizing market goals and attain profitable business. This marketing report consists of most recent market information with which companies can attain in depth analysis of food and Beverages industry and future trends. Global Food Thickeners Market business report gives an examination of various segments that are relied upon to witness the quickest development amid the estimate forecast frame.
Market research analysis covered in the finest Global Food Thickeners Market report helps the management of a firm in planning by providing accurate and up- to-date information about the consumer’s demands, their changing tastes, attitudes, preferences, and buying intentions etc. It endows guidelines about planning of advertising and sales promotion efforts. The market report also includes a comprehensive evaluation of the market’s growth prospects and restrictions. With the data covered in this business report, marketing of goods can be made efficient and economical which leads to elimination of all type of wastage. As a result, an influential Global Food Thickeners Market survey report is an indispensable model to have increments in business activities, qualitative work done, and enhanced profits.
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.
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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.
- The global food thickeners market report provides details of market share, new developments, and product pipeline analysis, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market.
- An increase in the change in lifestyle of the consumers resulting in an increased focus on their diet is a vital factor escalating the market growth. Also, a rise in the product's benefits offering more than just thickening capabilities at low costs may fuel the global food thickeners market. However, increased research and development costs associated with the development and manufacturing of food thickeners and continuous fluctuations in raw material prices of hydrocolloids are the major factors, among others, expected to restrain the global food thickeners market in the forecast period.
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
Some of the major players operating in the global food thickeners market are Ingredion Incorporated, Cargill, Incorporated, CP Kelco U.S., Inc., Tate & Lyle, DuPont Nutrition Bioscience ApS, Ashland, ADM, Jungbunzlauer Suisse AG, Deosen Biochemical (Ordos) Ltd., GELITA AG, Solvay, VIKAS WSP LTD., DSM, Guar Resources, LLC., Medline Industries, LP, Kent Precision Foods Group, Inc., Chimique (India) Ltd, Fooding Group Limited, HL Agro Products Pvt. Ltd., Emsland Group, among others.
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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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