According to the latest report by IMARC Group, titled, "Food Thickeners Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2021-2026", offers a comprehensive analysis of the industry, which comprises insights on the global food thickeners market share. 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.
Food thickeners are food modifying agents that are added to an aqueous mixture to increase viscosity without substantially altering other properties like the 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.
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:
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:
Breakup by Source:
Breakup by Application:
- Sauces and Dips
- Convenience and Processed Food
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
Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021- 2026)
- Porter's Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
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