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, according to the latest analysis by Emergen Research. 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.
The Global Food Thickeners Market research study published by Emergen Research is an extensive collection of insightful information The report covers the Food Thickeners Market segmentation along with a detailed outline of the size with regards to volume and valuation. The report provides comprehensive coverage of the Food Thickeners Market scenario for the current period and a forecast timeline for 2028. The Food Thickeners Market report contains an in-depth analysis of the historical, current, and projected revenues for every industry vertical, segment, end-use industry, application, and region.
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Food Thickeners Market report also includes an insightful study of the prominent players of the industry along with their business overview, strategic planning, and business expansion plans adopted by them. This assists the readers and business owners in formulating strategic expansion and investment plans. The report focuses on mergers and acquisitions, joint ventures, collaborations, partnerships, corporate and government deals, and others. The report also talks about the expansions these prominent players are vying for in the key regions of the market. The report focuses on a detailed analysis of the technological and product developments undertaken by these companies.
The key companies studied in the report are:
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
Based on regional analysis, the market is segmented into the following regions: North America, Latin America, Europe, Asia Pacific, and Middle East Africa. The market is expected to be dominated by North American nations closely followed by European countries. Asia Pacific is expected to show significant growth owing to recent advancements and rising investments in the RD sector.
Emergen Research has segmented the global food thickeners based on 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
- Others
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The report addresses the following key points:
- The report estimates the expected market size from 2018-to 2028
- The report provides a forecast of market drivers, restraints, and future opportunities for the Food Thickeners Market
- The report further analyses the changing market dynamics
- Regional analysis and segmentation of the market with analysis of the regions and segments expected to dominate the market growth
- Extensive competitive landscape mapping with profiles of the key competitors
- In-depth analysis of business strategies and collaborations such as mergers and acquisitions adopted by the key companies
- Revenue forecast, country scope, application insights, and product insights
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