Global Food Thickeners Market 2028 - Trends, Opportunities & Forecast
- varunkpdelhi
- May 23, 2023
- 3 min read
Global Food Thickeners Market is expected to reach USD 15.92 Billion by 2028, in value terms, growing at a CAGR of over 6% during 2023-2028. The major factors contributing to the growth of the market are rising disposable income, increasing population, increasing demand for convenience foods, and rising health consciousness among consumers. Based on type, the market is segmented into Hydrocolloids, Protein and Starch. In 2022, the starch segment dominated the market and is further expected to maintain its dominance over the next five years as well due to the growing consumption of starch globally. Based on application, the market has been segmented into confectionery, sauces, dressings, marinades & gravies, beverages, dairy & frozen desserts, bakery, and convenience & processed foods. In 2022, the dairy & frozen desserts application segment dominated the market due to its wide applications in various products and whereas, the beverages segment is expected to dominate the market over the next five years due to a growing number of innovations in beverages and growing beverage demand globally.
Some of the leading players in the global food thickeners market
Kerry Group PLC
Ashland Specialty Ingredients
CP Kelco
TIC Gums, Inc.
Fuerst Day Lawson Ltd
E. I. Du Pont De Nemours and Company Ingredion Incorporated, Cargill, Archer Daniels Midland Company, etc.
The Objective of the Study:
To analyze and forecast the market size of the global food thickeners market, in terms of value and volume.
To classify and forecast global food thickeners based on type, source, application, and regional distribution.
To identify drivers and challenges for global food thickeners.
To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global food thickeners.
To conduct the pricing analysis for food thickeners.
To identify and analyze the profile of leading players involved in the manufacturing of global food thickeners.
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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the service offerings, distribution channels, and presence of all major collaboration manufacturers across the globe.
TechSci Research calculated the market size of global food thickeners using a bottom-up approach, where data for various end-user industries and their application across various product types were recorded and forecasted for the future years. TechSci Research sourced these values from industry experts and company representatives and externally validated them by analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations, and financial reports were also used by TechSci Research.
Key Target Audience:
Food Thickeners Manufacturers
Food processors & food manufacturers
Raw material manufacturers
Dealers/Distributors
Research organizations and consulting companies.
Research Institutes
Industry associations
Market research and consulting firm.
The study is helpful in providing answers to several critical questions that are important for the industry stakeholders such as collaboration service providers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
Attribute
Details
Base Year
2022
Historical Data
2018 – 2021
Estimated Year
2023
Forecast Period
2024 – 2028
Quantitative Units
Revenue in USD Million, Volume in Units, and CAGR for 2018-2022 and 2023E-2028F
Report Coverage
Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends
Segments covered
· Type
· Source
· Application
Regional scope
North America; Europe; Asia Pacific; South America; Middle East & Africa
Country scope
United States, Mexico, Canada, China, India, Japan, South Korea, Australia; Singapore, Malaysia, Germany, France, United Kingdom, Spain, Italy, South Africa, UAE, Saudi Arabia, Qatar, Brazil, Argentina, Colombia
Key companies profiled
Kerry Group PLC, Ashland Specialty Ingredients, CP Kelco, TIC Gums, Inc., Fuerst Day Lawson Ltd, E. I. Du Pont De Nemours and Company Ingredion Incorporated, Cargill, Archer Daniels Midland Company.
Customization scope
10% free report customization with purchase. Addition or alteration to country, regional & segment scope.
Pricing and purchase options
Avail customized purchase options to meet your exact research needs. Explore purchase options
Delivery Format
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)
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Report Scope:
In this report, the global food thickeners market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
Global Food Thickeners Market, By Type:
Protein,
Hydrocolloids
Starch
Global Food Thickeners Market, By Source:
Animal
Plant
Microbial
Global Food Thickeners Market, By Application:
Confectionery
Sauces
Dressings
Marinades & Gravies
Beverages
Dairy & Frozen Desserts
Bakery and Convenience & Processed Foods
Global Food Thickeners Market, by Region:
Asia Pacific
China
India
Japan
South Korea
Australia
Singapore
Malaysia
Europe & CIS
France
Germany
United Kingdom
Italy
Spain
North America
United States
Mexico
Canada
South America
Brazil
Argentina
Colombia
Middle East and Africa
South Africa
Saudi Arabia
UAE
Qatar
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in the global food thickeners market.
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