According to the latest report by IMARC Group, titled, "Food Thickeners Market:Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026", the global food thickeners market grew at a CAGR of around 5% during 2015-2020 expects the market to exhibit moderate growth during the next five years.
Food thickeners are food modifying chemicals that are added to an aqueous mixture to increase viscosity without affecting other qualities such as taste significantly. They are often derived from plant sources and add bulk and consistency to the product by absorbing water from the food item. Hydrocolloids, tapioca, arrowroot, gelatin, collagen, potato starch, cornstarch, sago, and xanthan gum are some of the most popular culinary thickeners. They are generally used in sauces, sweets, puddings, and gravies to give a consistent texture, improve ingredient suspension, and increase the stability of various foods.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Food Thickeners Market Trends:
The increasing demand for ready-to-eat (RTE) and convenience food products on account of rapid urbanization,changing dietary patterns, and inflating income levels of consumers represents one of the key factors driving the market. In addition, food thickeners are utilized to maintain the required texture of meat, poultry, and dairy-based food items.Moreover, the launch of innovative variants with enhanced organoleptic properties, ingredient emulsification, and palatability is creating a positive outlook for the market.
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Global Food Thickeners Market 2021-2026 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Archer Daniels Midland Company, Ashland Global Holdings Inc., Cargill Incorporated, CP Kelco U.S. Inc. (J.M. Huber Corporation), Darling Ingredients Inc., DuPont De Nemours Inc., Ingredion Incorporated, Kerry Inc. (Kerry Group Plc), Medline Industries Inc. and Tate Lyle Plc.
The report has segmented the market on the based on region, type, source and application.
Breakup by Type:
- Protein
- Starch
- Hydrocolloids
Breakup by Source:
- Plant
- Animal
- Microbial
Breakup by Application:
- Bakery
- Confectionery
- Sauces and Dips
- Beverages
- Convenience and Processed Food
- Others
Breakup by Region:
North America; (United States, Canada)
Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America: (Brazil, Mexico, Others)
Middle East and Africa
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Key highlights of the report:
Market Performance (2016-2021)
Market Outlook (2022- 2027)
Porter's Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization
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