IMARC Group, a leading market research company, has recently releases report titled “Food Thickeners Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026” The study provides a detailed analysis of the industry, including the global food thickeners market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights
How big is the food thickeners market?
The global food thickeners market grew at a CAGR of around 5% during 2015-2020. Looking forward, IMARC Group expects the market to continue its moderate growth during 2021-2026.
What are food thickeners?
Food thickeners are food modifying agents that are added to an aqueous mixtureto increase viscosity without substantially altering other properties like taste. They are usually obtained from plant sources that increase the bulkiness and consistency of the product by absorbing water present in the food item. Some of the widely preferred food thickeners are hydrocolloids, tapioca, arrowroot, gelatin, collagen, potato starch, cornstarch, sago, and xanthan gum. They are primarily used in sauces, desserts, puddings, and gravies to provide a consistent texture, improve the suspension of ingredients and enhance the stability of different dishes.
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What are the growth prospects and trends in the food thickeners industry?
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.
What is included in market segmentation?
The report has segmented the market into the following categories:
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 (U.S. & Canada)
Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)
Latin America (Brazil, Mexico)
Middle East & Africa
Who are the key players operating in the industry?
The report covers the major market players including:
- 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.
- Tate & Lyle Plc.
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