Food Binders Market – Global Opportunities & Forecast, 2020-2027

GMI Research market report focuses on providing an overview of the industry through detailed market segmentation. The report has information related to the overview and scope of the market followed by the key drivers, restraints, and emerging trends in the market. This report is especially designed to include both qualitative and quantitative aspects of the industry in each region and country included in the study.

List of Significant Manufacturers in the Food Binders Market include:

·         Cargill

·         Archer Daniels Midland Company

·         Dupont

·         Tate & Lyle

·         Bavaria Corp

·         Nexira

·         Deosen Biochemical Ltd

·         Fufeng Group

·         Ingredion

·         Roquette Ferres SA.

Food Binders Market Drivers and Restraints:

Rising demand for ready to eat and packaged food products owing to the rising disposable income, coupled with the enhancing lifestyle of consumers are factors boosting the growth of the global food binders market. Moreover, the other factors surging the growth of the food binders market include rapid urbanization, the growing influence of western culture, shifting consumption patterns of the consumers, and the rising demand for instant processed food globally. The increasing trend of fast food culture due to consumers' hectic lifestyle will fuel the growth of the global food binders market.

The strong demand for food products that resemble meat products and have food binders as an essential ingredient is another factor propelling the growth of the global food binders market. Furthermore, food binders are being increasingly applied in different applications due to its texture and viscosity improvement properties without restraining the product's nutritional content. This factor will further energize the market growth during the forecast period. Additionally, the hectic lifestyle of the working population has grown the consumption of fast food and packaged foods as it needs less preparation time. On the other hand, the increasing vegan population will hamper the demand for products derived from animal sources such as Gelatin.

Segmentation: Food Binders Market

Food Binders Market: By Source

·         Plant-based

o    Hydrocolloids

§   Guar Gum

§   Pectin

§   Cellulose Gum

§   Xanthan Gum

§   Agar Agar

§   Carrageena

o    Starch

§   Potato

§   Corn

§   Tapioca

·         Animal-based

o    Whey

o    Gelatin

Food Binders Market: By Application

·         Meat Products and Meat Analogs

·         Bakery

·         Confectionery

·         Dairy

·         Processed Foods

·         Sports Nutrition Products

·         Beverages

·         HoReCa

Food Binders Market: By Region

·         North America

o   United States of America

o   Canada

·         Asia Pacific

o   China

o   Japan

o   India

o   Rest of APAC

·         Europe

o   United Kingdom

o   Germany

o   France

o   Spain

o   Rest of Europe

·         RoW

o   Brazil

o   South Africa

o   Saudi Arabia

o   UAE

o   Rest of the world (remaining countries of the LAMEA region)

 

About GMI Research

GMI Research is a market research and consulting firm which provides bespoke industry & market research to help businesses in making the toughest business decision. We know the significance of accurate data; that’s why our analyst uses a tailored methodology to study every market in detail because one size doesn’t fit all. We not only cover the traditional well-established market but also focuses on the niche market and markets in the emerging economies, where getting data and information is a challenge. This factor makes us pioneer in emerging market research space. Our syndicate reports cover multiple industries across various regions and countries.

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