The objectives of this study are to define, segment, and project the size of the Food Thickeners Market based on company, product type, application and key regions.
The report offers precise information about pricing, capacity, value, gross revenue, and profit of the market. The primary aim of the report is to offer in depth details about market size, revenue growth and overall market dynamics to readers, stakeholders, companies to strengthen their share in the global Food Thickeners Market. It also provides in depth information about key factors, restraints, limitations, challenges along with various market segmentations such as product type, application and regional bifurcation.

The global food thickeners market size reached USD 13.61 Billion in 2020 and is expected to register a revenue CAGR of 5.6%, during the forecast period. Some of the major factors driving global food thickeners market revenue growth are increasing changes in food preference among consumers and rising demand for agar thickening agents in bakeries. Increasing demand for plant-based thickeners is also expected to boost revenue growth of the market going ahead.

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Demand for convenience food is rising as customer preferences continue to shift. Increasingly busy lifestyle, rapidly growing retail business, increasing development of new products, increasing demand for ready-to-eat food products, are driving demand for packaged foodstuffs. In addition, as the global population grows, food consumption is also increasing, which has a favorable impact on food production. Market growth is being fueled by a rise in global export and import trade activities associated with packaged foods with the objective of enhancing and maintaining the quality of food and hygiene.

Lack of preference among vegans for animal and microbe-derived thickeners is driving demand for plant-based food thickeners. The global trend of adopting a flexitarian diet and increase in veganism has changed the targeted demographic pools to plant-based ingredients.

Report Highlights:

The report conducts a comparative assessment of the leading market players participating in the global Food Thickeners market.

The report marks the notable developments that have recently taken place in the Food Thickeners industry

It details on the strategic initiatives undertaken by the market competitors for business expansion.

It closely examines the micro- and macro-economic growth indicators, as well as the essential elements of the Food Thickeners market value chain.

The repot further jots down the major growth prospects for the emerging market players in the leading regions of the market.

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Emergen Research has segmented the global food thickeners on the basis of type, source, application, and region:

Type Outlook (Revenue, USD Billion; 2018–2028)
Starch
Protein
Hydrocolloids
Agar
Gelatin
Pectin
Xanthan Gum
Others
Source Outlook (Revenue, USD Billion; 2018–2028)
Microbial
Animal
Plant
Application Outlook (Revenue, USD Billion; 2018–2028)
Confectionery
Bakery
Beverages
Sauces
Convenience & Processed Food
Dairy & Frozen Desserts
Others
Competitive Terrain:

The Global Food Thickeners Market is highly consolidated due to the presence of a large number of companies across this industry. The report discusses the current market standing of these companies, their past performances, demand and supply graph, production and consumption patterns, sales network, distribution channels, and growth opportunities in the market at length. The report scrutinizes the strategic approach of key market players towards expanding their product offerings and fortifying their market foothold.

Key Companies Profiled in the Report are:

Archer Daniels Midland Company, Cargill Inc., DuPont de Nemours, Inc., Kerry Group plc, Tate & Lyle PLC, Medline Industries, Inc., TIC Gums, Inc., CP Kelco U.S., Inc., Fuerst Day Lawson Limited, and Ingredion Incorporated

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Regional Outlook:

North America (the U.S., Canada, Mexico)

Europe (the U.K., Germany, France, Italy)

Asia Pacific (India, China, Japan, Korea)

Latin America (Brazil, Argentina, Ecuador, Chile)

Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran)

Key Features of the Food Thickeners Market Report:

The report offers details about key drivers, restraints, opportunities, challenges, growth prospects, limitations, and threats

The report encompasses details about the key companies, product portfolio along with specifications, production valuation, and market shares

Evaluation of key current and emerging market trends and growth prospects

It also offers research-backed estimations for the forecast period of eight years, primarily to estimate the potential market growth

Brief overview of industry with regards to research and development, technological advancements, and product development

In-depth assessment of upstream raw materials, downstream buyers, demands, and current market scenario

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