The global demand for Food Thickening Agents Market is presumed to reach the market size of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% under the study period of 2022 - 2028. Regarding volume, the market was calculated XX MT in 2021 and forecast to touch XX MT by 2028 with a CAGR of XX% during 2022-2028.
Food thickening agents, which are often made of polysaccharides or proteins, have been discovered to play an important role in modifying the viscosity of food products. Food thickening agents are also an important part of the diet of those who suffer from medical conditions that make chewing difficult. These additions help with the preparation of a variety of foods. Food thickening agents like starches and gums are gaining popularity as fat replacers with their calorie-replacing properties. In manufacturing bakery goods and confectionery, food thickening agents are used extensively. Food thickening agents such as xanthan gum, agar, alginate, and CMC are commonly utilised in various beverage applications.
Market Dynamics
The rise in popularity of food thickening agents can be related to their increased demand among obese and diabetic people. During the projected period, the food thickening agents market is expected to benefit from a high concentration of major companies working to improve the desirability of food thickeners. Rising demand for dressings and sauces is expected to drive market growth over the forecast period. In addition, the growing demand for non-alcoholic beverages is expected to support market revenue growth in the near future.
The report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of food thickening agents. The growth and trends of Food Thickening Agents Industry provide a holistic approach to this study.
Market Segmentation
This section of the food thickening agents market report provides detailed data on the segments by analyzing them at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Source
- Plant (Guar Gum Gum Arabic, Locust Bean Gum, Pectin, Starches, Others)
- Seaweed (Carrageenan, Agar, Alginate)
- Microbial (Gellan Gum, Curdlan, Xanthum Gum)
- Animal (Gelatin)
- Synthetic (Carboxy Methyl Cellulose (Cmc), Methyl Cellulose)
By Application
- Bakery & Confectionery
- Meat & Poultry
- Sauces & Dressings
- Beverages
- Dairy Products
- Others
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Food Thickening Agents market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Food Thickening Agents Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the food thickening agents market include 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. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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