Food Thickening Agents Market – Global Opportunities & Forecast, 2020-2027

 

This global study conducted by GMI Research provides an overview of the existing market trends, drivers, restrictions, and metrics and also offers a viewpoint for different segments. The market report tracks the overall demand growth during the forecast period. A regional study of the market is also carried out in North America, Asia-Pacific, Europe, and the Rest of the World. The report indicates growth parameters in the regional markets, along with leading players that are dominating the industry.

Competitive Landscape:

The leading organizations covered in the Food Thickening Agents Market are:

·         Cargill, Inc.

·         Ingredion Inc.

·         Archer Daniels Midland Company

·         DowDuPont Inc.

·         Ashland Inc.

·         Tate & Lyle PLC

·         CP Kelco

·         Kerry Group PLC

·         Nestlé Health Science S.A.

·         Darling Ingredients Inc.

·         Naturex S.A.

·         Acuro Organics Limited

·         Koninklijke DSM N.V.

·         W Hydrocolloids Inc.

·         AkzoNobel N.V.

Drivers of the Food Thickening Agents Market:

The major factor driving the growth of the global food thickening agents market includes the vast usage of thickening agents in the food & beverage sector, such as dressings, dairy & frozen desserts, bakery products, confectionery products, and processed food. The increasing consumer awareness associated with the remarkable benefits provided by thickeners such as highly cost-effective, absorption of nutrients, and compatibility with other ingredients, coupled with the easy availability of food thickeners across various distribution channels, will attract a large number of consumers towards the adoption of food thickeners globally. Several multinational organizations emphasize on the development of the advanced extraction process of food thickeners from new natural sources will enhance the growing demand of the end-users. The rapid product innovation will create new growth opportunities in the market, thus drastically raising the demand for the global food thickening agents market during the forecast period.

The rising demand for food products with good taste and mouthfeel promotes food processing companies to develop innovative food products with enhanced taste and quality. The growing occurrence of dysphagia, a disease regarding the difficulty in swallowing food, among the older people is encouraging the usage of food thickening agents to ease swallowing. For example, Nestle Health introduced an innovative food thickening agent, particularly designed for dysphagia patients. This agent thickens the food without affecting the taste and odor of the food product. On the other edge of the spectrum, the rigorous regulation from various regulatory bodies such as Health Canada, Food and Drugs Organization (FDA), the European Food Safety Authority (EFSA), the European Commission (EU), and Food Standards Australia New Zealand (FSANZ) for the restricted usage of thickeners will hinder the growth of the market during the forecast period.

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Key Benefits offered by the Food Thickening Agents Market report:

·         This study represents the analytical depiction of the Food Thickening Agents Market along with the ongoing trends and future estimations to determine the imminent investment pockets.

·         The report provides detailed information related to market drivers, restraints, and growth opportunities, followed by the analysis of the Food Thickening Agents Market share.

Segmentation of the Food Thickening Agents Market:

The Food Thickening Agents Market has been categorized into the following segments:

Breakup by Source:

·         Plant

o   Guar Gum

o   Gum Arabic

o   Locust Bean Gum

o   Pectin

o   Starches

o   Others

·         Seaweed

o   Carrageenan

o   Agar

o   Alginate

·         Microbial

o   Gellan Gum

o   Curdlan

o   Xanthum Gum

·         Animal (Gelatin)

·         Synthetic

o   Carboxy Methyl Cellulose (CMC)

o   Methyl cellulose

Breakup by Application:

·         Bakery & Confectionery

·         Meat & Poultry

·         Sauces & Dressings

·         Beverages

·         Dairy Products

·         Others

Breakup 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)

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