Food Thickeners Market By Type (Hydrocolloids, Protein, Starch), By Source (Plants, Animal, Microbial, Others), By Application (Bakery & Confectionery, Diary, Conventional & Processed foods, Others), Global Analysis 2024 to 2032
Published Date: July - 2024 | Publisher: MIR | No of Pages: 240 | Industry: Food and Beverage | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationFood Thickeners Market By Type (Hydrocolloids, Protein, Starch), By Source (Plants, Animal, Microbial, Others), By Application (Bakery & Confectionery, Diary, Conventional & Processed foods, Others), Global Analysis 2024 to 2032
Food Thickeners Market By Type (Hydrocolloids, Protein, Starch), By Source (Plants, Animal, Microbial, Others), By Application (Bakery & Confectionery, Diary, Conventional & Processed foods, Others), Global Analysis 2024 to 2032
Food Thickeners Market Valuation – 2024-2032
According to the new report titled " Food Thickeners Market By Type (Hydrocolloids, Protein, Starch), By Source (Plants, Animal, Microbial, Others), By Application (Bakery & Confectionery, Diary, Conventional & Processed foods, Others), Global Analysis to 2023", the valuation of the -
Food Thickeners market was $15.0 Billion in 2023 and is projected to reach $25.0 Billion by 2032, at a CAGR of 5.79% from 2023 to 2032.
Imagine your favorite thick and creamy soup or the smooth texture of your favorite sauce. Food thickeners are the secret ingredients that make these foods so enjoyable. In 2023, the food thickener industry was worth a whopping $15 billion, and it's only going to keep growing. That's because they're essential for making processed foods taste and feel their best. Food thickeners help create that perfect consistency, whether it's a rich gravy or a silky pudding. They can also enhance the texture of everything from soups and sauces to desserts and dairy products, making them more satisfying and enjoyable. As people around the world get busier, the demand for convenience foods is skyrocketing. And with that, the need for food thickeners goes up too. They make it possible to create tasty, quick-to-prepare meals that are perfect for busy lifestyles. But it's not just about convenience. Consumers are also becoming more health-conscious, seeking foods with fewer artificial ingredients and more natural options. Food thickeners are responding by offering plant-based alternatives and ingredients that reduce calories, fat, and sugar. So, whether you're looking for that perfect texture in your favorite soup or a quick and easy meal, food thickeners play a vital role in making it happen. They're the unsung heroes of the food industry, making food taste and feel its best.
Hydrocolloids held the largest share in the Food Thickeners market
Let's talk about Food Thickeners, which can be categorized into three main typesHydrocolloids, Protein, and Starch. Among these, Hydrocolloids shine as the star players. Hydrocolloids are like superheroes in the food world. They have magical abilities that make them perfect for thickening up your favorite dishes. They can thicken, gel, stabilize, emulsify (blend ingredients that normally don't mix), and suspend (keep ingredients from sinking or floating). These amazing qualities make hydrocolloids the secret ingredient in all sorts of foods like sauces, dressings, soups, dairy products, desserts, and even drinks. They give these foods their smooth, creamy, and bouncy textures that make them so enjoyable. Nowadays, people are more interested in natural ingredients, so hydrocolloids from plants are becoming the go-to choice. Guar gum, locust bean gum, xanthan gum, and agar-agar are all plant-based hydrocolloids that can work just as well as synthetic thickeners, without any artificial aftertaste.
Asia Pacific headed the Food Thickeners market in 2023
In the vast and colorful culinary landscape of the Asia-Pacific region, food thickeners have become an essential ingredient in both traditional delicacies and modern conveniences. From rich sauces to hearty soups, chewy noodles to tempting desserts, and even refreshing beverages, these thickeners add texture and substance, making our food more enjoyable. As people in this vibrant region move into cities, their eating habits have evolved too. They're looking for quick and easy options, such as ready-to-eat meals and processed foods. Food thickeners step up to the plate, helping these products maintain their texture, stability, and sensory appeal, making them a hit with busy urban consumers. Sports enthusiasts, health-conscious individuals, and those looking for a pick-me-up have found a new favorite in functional beverages. These drinks, including sports drinks, energy boosters, and health concoctions, rely on food thickeners to provide that satisfying texture and stability, ensuring they stay smooth and flavorful. Plus, these thickeners help keep added ingredients—like vitamins, minerals, and herbal extracts—suspended, maximizing their nutritional value. With more people opting for processed and convenient foods, the demand for food thickeners in the Asia-Pacific region is skyrocketing. They're the secret sauce in instant noodles, ready-to-cook sauces, instant soups, and frozen desserts, giving them that irresistible consistency and appeal.
Report Scope-
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| STUDY PERIOD |
2018-2031 |
| GROWTH RATE |
CAGR of ~5.53% from 2024 to 2031 |
| BASE YEAR FOR VALUATION |
2023 |
| HISTORICAL PERIOD |
2018-2022 |
| FORECAST PERIOD |
2024-2031 |
| QUANTITATIVE UNITS |
Value in USD Billion |
| REPORT COVERAGE |
Historical and Forecast Revenue Forecast, Historical and Forecast Volume, Growth Factors, Trends, Competitive Landscape, Key Players, Segmentation Analysis |
| SEGMENTS COVERED |
|
| REGIONS COVERED |
|
| KEY PLAYERS |
|
| CUSTOMIZATION |
Key market players operating in the market that are profiled in the report are-
TIC Gums, Inc., FDL Limited, Naturex S.A., Medline Industries, Inc., Darling Ingredients Inc., Cargill, Inc., Archer Daniels Midland Company, DuPont De Nemours, Inc., Tate & Lyle PLC, CP Kelco, Kerry Inc. etc.
Competitive Landscape
The Food Thickeners Market is competitive, with a wide range of firms striving for market share and innovation. Product quality, price strategies, distribution networks, and technical improvements are all key drivers of competitiveness.
Some of the prominent players operating in the Food Thickeners Market include
- Cargill Incorporated
- Archer Daniels Midland Company
- Ingredion Incorporated
- Kerry Group plc
- I. du Pont de Nemours and Company
- Tate & Lyle PLC
- CP Kelco
- Darling Ingredients
- Ashland Global Holdings Inc.
- TIC Gums Inc.
- Naturex S.A.
- Medline Industries Inc.
- Roquette Frères
- Jungbunzlauer Suisse AG
- Penford Food Products
Food Thickeners Market, By Category
Type
- Protein
- Starch
- Hydrocolloids
- Gelatin
- Xanthan Gum
- Agar
- Pectin
- Others
Source
- Animal
- Plant
- Microbial
Application
- Bakery
- Confectionery
- Sauces & Dips
- Beverages
- Convenience & Processed Food
- Others
Region
- North America
- Europe
- Asia-Pacific
- South America
- Middle East & Africa
Reasons to Purchase this Report
Market Deep Dive We'll break down the market into bite-sized pieces, considering both how much people spend and their reasons for buying. We'll tell you how big each segment is in dollars and show you which ones are growing fastest. Regional Breakdown Get ready for a globe-trotting adventure! We'll map out product and service consumption across regions, pinpointing the ones with the biggest potential and the factors driving growth. Who's Who in the Industry? Meet the top players in the market. We'll give you their rankings, scoop on new products and partnerships, and dish on their business expansions and acquisitions. In-Depth Company Profiles We'll put the spotlight on major market players, digging into their history, strengths, and weaknesses. Get a behind-the-scenes look at their products and a clear picture of where they stand. Market Forecast Fasten your seatbelts for a glimpse into the market's future. We'll analyze the latest trends, challenges, and opportunities to give you a clear view of what's ahead. Analytical Toolkit Get a deeper understanding with our tools. We'll use Porter's Five Forces Analysis and the Value Chain to dissect the market from every angle. Growth Opportunities Discover the potential for future growth and where the best opportunities lie. We'll help you stay ahead of the curve and capitalize on emerging trends. Expert Support Call on our expert analysts for up to 6 months after your purchase. They'll be there to guide you through your market journey and answer any questions that arise.
Table of Content
1 INTRODUCTION OF GLOBAL FOOD THICKENERS MARKET
1.1 Overview of the Market
1.2 Scope of Report
1.3 Assumptions
2 EXECUTIVE SUMMARY
3 RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH
3.1 Data Mining
3.2 Validation
3.3 Primary Interviews
3.4 List of Data Sources
4 GLOBAL FOOD THICKENERS MARKET OUTLOOK
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 GLOBAL FOOD THICKENERS MARKET, BY TYPE
5.1 Overview
5.2 Protein
5.3 Starch
5.4 Hydrocolloids
5.4.1 Gelatin
5.4.2 Xanthan Gum
5.4.3 Agar
5.4.4 Pectin
5.4.5 Others
6 GLOBAL FOOD THICKENERS MARKET, BY SOURCE
6.1 Overview
6.2 Animal
6.3 Plant
6.4 Microbial
7 GLOBAL FOOD THICKENERS MARKET, BY APPLICATION
7.1 Overview
7.2 Bakery
7.3 Confectionery
7.4 Sauces & Dips
7.5 Beverages
7.6 Convenience & Processed Food
7.7 Others
8 GLOBAL FOOD THICKENERS MARKET, BY GEOGRAPHY
8.1 Overview
8.2 North America
8.2.1 U.S.
8.2.2 Canada
8.2.3 Mexico
8.3 Europe
8.3.1 Germany
8.3.2 U.K.
8.3.3 France
8.3.4 Rest of Europe
8.4 Asia Pacific
8.4.1 China
8.4.2 Japan
8.4.3 India
8.4.4 Rest of Asia Pacific
8.5 Rest of the World
8.5.1 Latin America
8.5.2 Middle East and Africa
9 GLOBAL FOOD THICKENERS MARKET COMPETITIVE LANDSCAPE
9.1 Overview
9.2 Company Market Ranking
9.3 Key Development Strategies
10 COMPANY PROFILES
10.1 ARCHER DANIELS MIDLAND COMPANY
10.1.1 Overview
10.1.2 Financial Performance
10.1.3 Product Outlook
10.1.4 Key Developments
10.2 CARGILL INCORPORATED
10.2.1 Overview
10.2.2 Financial Performance
10.2.3 Product Outlook
10.2.4 Key Developments
10.3 INGREDION INCORPORATED
10.3.1 Overview
10.3.2 Financial Performance
10.3.3 Product Outlook
10.3.4 Key Developments
10.4 KERRY GROUP PLC
10.4.1 Overview
10.4.2 Financial Performance
10.4.3 Product Outlook
10.4.4 Key Developments
10.5 E. I. DU PONT DE NEMOURS AND COMPANY
10.5.1 Overview
10.5.2 Financial Performance
10.5.3 Product Outlook
10.5.4 Key Developments
10.6 TATE & LYLE PLC
10.6.1 Overview
10.6.2 Financial Performance
10.6.3 Product Outlook
10.6.4 Key Developments
10.7 CP KELCO
10.7.1 Overview
10.7.2 Financial Performance
10.7.3 Product Outlook
10.7.4 Key Developments
10.8 DARLING INGREDIENTS
10.8.1 Overview
10.8.2 Financial Performance
10.8.3 Product Outlook
10.8.4 Key Developments
10.9 ASHLAND GLOBAL HOLDINGS INC.
10.9.1 Overview
10.9.2 Financial Performance
10.9.3 Product Outlook
10.9.4 Key Developments
10.10 TIC GUMS INC.
10.10.1 Overview
10.10.2 Financial Performance
10.10.3 Product Outlook
10.10.4 Key Developments
11 KEY DEVELOPMENTS
11.1 Product Launches/Developments
11.2 Mergers and Acquisitions
11.3 Business Expansions
11.4 Partnerships and Collaborations
12 Appendix
12.1 Related Research
- Cargill Incorporated
- Archer Daniels Midland Company
- Ingredion Incorporated
- Kerry Group plc
- I. du Pont de Nemours and Company
- Tate & Lyle PLC
- CP Kelco
- Darling Ingredients
- Ashland Global Holdings Inc.
- TIC Gums Inc.
- Naturex S.A.
- Medline Industries Inc.
- Roquette Frères
- Jungbunzlauer Suisse AG
- Penford Food Products
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