Food Thickener Market (2018 – 2023) report provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability. The Food Thickener market report lists the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the market.
“Food Thickener Market report is anticipated to register a CAGR of 6.12% over a five years forecast period (2018 – 2023).”
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List of Major Key players operating in the Global Food Thickener Market are –
- Archer Daniels Midland Company
- Ingredion Incorporated
- Tate & Lyle plc
- Darling Ingredients Inc.
- Kerry Group plc
- Ashland Specialty Ingredients
- CP Kelco
- BASF SE
- The Dow Chemical Company
- TIC Gums
- Fuerst Day Lawson Ltd
- Hormel Foods Corporation
- Walgreen Co.
- Nestlé Health Science
- Sigma-Aldrich Co. LLC.
The food thickener market size is anticipated to register a CAGR of 6.12% during the forecast period. Food thickener is used as a food additive, which stabilizes the product by increasing suspension and emulsification. Moreover, it helps in the absorption of nutrients from food. Based on the type of food thickeners, it has different food applications. For instance, arrowroot is a better choice than cornstarch, as it loses thickening potency, for acidic foods. Further, frozen food, tapioca or arrowroot are preferred over cornstarch, as the latter becomes spongy when frozen. Therefore, owing to wide functional applications of thickener in the food industry, the demand growth is significant.
High Functional Potential and Compatibility of Thickeners with Other Ingredients is Driving Market Growth
The food thickener market is driven by high functional potential and compatibility of thickeners with other ingredients, expansion of research, development and innovation, increasing demand from dysphagia patients and growth demand for processed or convenience food products. The use of food thickeners can reduce dysphagia risk in patients by providing greater swallowing ease. Hence, food thickener provide benefit for the patients with cancer, trauma, old-age and neurology disorder, who suffer difficult to swallow food. Also, food thickeners are prescribed to infants who are unable to digest breastfeeding. It also helps in the absorption of nutrients from food. The fluctuating prices of raw materials and increasing consumer awareness towards chemical additives and E numbers are some of the restraints to the market.
Based on type, food thickener market has been segmented into polysaccharides-based (starches, vegetable gum, pectin) and protein-based thickener. Starch, as food thickener, holds the highest share, owing to its easy availability, abundant supply, optimum functionality, and relatively low prices in comparison to other food thickeners. Moreover, these thickeners do not impose any negative impact the organoleptic properties of food.
Based on application, food thickener market has been segmented into bakery & confectionery, sauces & dressings, dairy & frozen desserts, snacks & savory, beverages and ‘others’. Dairy & frozen desserts segment holds the highest share. The increased usage of food thickeners such as hydrocolloids, starch, and proteins, for thickening and flavor and texture enhancement in dairy & frozen desserts products is accelerating this segment.
The Asia-Pacific region holds the highest share in the food thickener market and is estimated to increase at the fastest rate, during the forecast period. The region is driven by the increasing volume consumption of various types of food thickeners. The food & beverage manufacturers are focusing on the product innovation, health aspects, and improving functional characteristics of their end-product such as texture, flavor, and other organoleptic properties. All these factors together are driving the Asia-Pacific food thickener market.
MAJOR PLAYERS: CARGILL, INC, ARCHER DANIELS MIDLAND COMPANY, DUPONT, INGREDION INCORPORATED, TATE & LYLE PLC, DARLING INGREDIENTS INC., KERRY GROUP PLC, ASHLAND SPECIALTY INGREDIENTS, CP KELCO, BASF SE, THE DOW CHEMICAL COMPANY, TIC GUMS, INC., FUERST DAY LAWSON LTD, HORMEL FOODS CORPORATION, WALGREEN CO., NESTLÉ HEALTH SCIENCE and SIGMA-ALDRICH CO. LLC., amongst others.
Reasons to Purchase this Report
• Analyzing outlook of the market with the recent trends and Porter’s five forces analysis.
• Market dynamics, which essentially consider the factors that are impelling the present market scenario, along with growth prospects of the market over the forecast period.
• Market segmentation analysis, including qualitative and quantitative research, incorporating the impact of economic and non-economic aspects.
• Country-level analysis, integrating the demand and supply forces that are influencing the growth of the market.
• Competitive landscape involving the market share of major players, along with the key strategies adopted for development over the past five years.
• Comprehensive company profiles, covering the product offerings, key financial information,
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Scope of the Report:
The report analyses Food Thickener market, which includes –
- Analysis of the growth of Food Thickener market in global and regional level including Asia-Pacific, Americas, and EMEA.
- The report provides Food Thickener market analysis for key countries including the US, Canada, Chile, China, India, Japan, the UK, Germany, France, and Italy.
- The report offers country level Food Thickener market volume and value by end-user segment for the period 2012-2023.
- Qualitative analysis of key market drivers and restraints, and analysis of their impacts on Food Thickener market are discussed.
- The report provides competitive landscape at country level for the year 2018. It also covers key policies and initiatives, key deals, and key upcoming projects.
Highlighted points of Food Thickener Market Report:
- Varying dynamics of the Food Thickener industry.
- Prospective changes in sales volumes and worldwide share growth in upcoming years (2018-2023).
- Food Thickener market report recognizes the key drivers of growth and challenges of the key industry players.
- Competitors profiles along with product description, overview, and business data.
- A complete analysis of market risks, opportunities, limitations, and growth of the market.
- Market driving and restraining factors.
- Delivers information on the historical and current market size and the future potential of the market.
- Food Thickener market report provides a comprehensive analysis of the market with respect to market dynamics, competitive analysis, and upcoming trends of the market.
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Reasons to Purchase Food Thickener Market Report:
- The report analyses how stringent emission control norms will drive the global Food Thickener market.
- Analyzing various perspectives of the market with the help of Porter’s five forces analysis.
- Study on the product type that is expected to dominate the market.
- Study on the regions that are expected to witness the fastest growth during the forecast period.
- Identify the latest developments, market shares and strategies employed by the major Food Thickener market players.
- 3 months’ analyst support along with the Market Estimate sheet (in excel).
In this study, the years considered to estimate the market size of Food Thickener:
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2023
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