The Food Thickeners market is expected to grow from USD 13.91 billion in 2020 to USD 22.51 billion by 2028, at a CAGR of 6.2% during the forecast period 2021-2028.
A food thickener is a substance that can increase the viscosity of a liquid without significantly changing its other properties. Food thickeners are commonly used to thicken sauces, soups and desserts without changing their flavor; condensers are also used in cosmetics, paints, explosives and inks.Thickeners may also improve ingredient suspensions or other emulsifiers, increasing the product stability. Thickening agents are often seen as food additives and as ingredients for cosmetics and personal hygiene products. Some of the thickening agents are gelling agents (gallant), forming a gel, and dissolving in the liquid phase as a colloidal mixture that includes a poorly cohesive internal structure. Others act as thixotropic mechanical additives with separate molecules that stick or intertwine to resist stress.
The increasing change in consumers' lifestyle, which leads to an increased focus on their diet, is vital in escalating market growth and growing the benefits associated with a product that provides more than just thickness. Fewer costs of the product give an increase in children's development, an increase in the demand for nutritional products, and an increase in the rate of obesity. The increased consumption of low-calorie food products and the increased demand for bakery products may increase the size of the food thickeners market among the main factors driving the food thickeners market.Moreover, the rise in new product innovation and increased R&D activities in the market will create new opportunities for the nutritional supplement market in the projected period from 2021 to 2028.The increase in research and development investment associated with the development and manufacture of food thickeners and the continuous fluctuations in the raw material prices of hydrocolloids are significant factors that act as restraints and will challenge the food condensate market further in the forecast period.
This study delivers a comprehensive analysis of type, source, application and region. The type segment includes starch, hydrocolloids and protein.Hydrocolloids as food thickeners accounted for the largest share of global revenue in 2020. The different types of hydrocolloids used as food thickeners are alginate, pectin, bean gum, guar gum, xanthan gum, carrageenan gum, and beta-glucan. The source segment includes plant and animal. Plant food thickeners topped the market and accounted for the largest share of global revenue in the year 2020. Vegetarian products are the most used ingredients in most applications like bakery, desserts, ready-to-eat meals etc., which can be attributed to their high efficacy and competitive price.The application segment includes confectionery and bakery. The bakery is the largest food-thickeners application division and accounts for the largest share in the market. Factors like the growing demand for natural baked goods and healthy snacks are expected to increase the demand for food thickeners during the forecast period.
The market has been divided into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. North America dominated the market with the largest share due to the high demand for products from various industries located in the United States and Canada. The industryin North America is mainly driven by the highly developed food and beverage market in the United States and Canada. The market also benefits from several key players, which is increasing demand for the product.
Some of the notable players in the market are Darling Ingredients Inc., Naturex S.A., TIC Gums, Inc., Ingredion Incorporated, CP Kelco, DuPont De Nemours, Inc., Cargill, Archer Daniels Midland Company, Tate & Lyle PLC, Kerry Inc., Ashland, FDL Limited and Medline Industries Inc.Most of the products have applications similar to themselves, which makes the products challenging to distinguish. Product differentiation in the market is being achieved by a few players, including ADM and Ingredion Incorporated.
Food Thickeners Market Analysis and Forecast, Type
Food Thickeners Market Analysis and Forecast, Source
Food Thickeners Market Analysis and Forecast, Application
Food Thickeners Market Analysis and Forecast, Region
Report Description:
1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency
1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis By Type
4.3.2. Market Attractiveness Analysis By Source
4.3.3. Market Attractiveness Analysis By Application
4.3.4. Market Attractiveness Analysis By Region
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.2.1. Change in consumers' lifestyle
5.2.2. Increased consumption of low-calorie food products
5.2.3. Strengthening government food regulations
5.3. Restraints
5.3.1. Fluctuations in the raw material prices of hydrocolloids
5.4. Opportunities
5.4.1. The rise in new product innovation
6. Global Food Thickeners Market Analysis and Forecast, By Type
6.1. Segment Overview
6.2. Starch
6.3. Hydrocolloids
6.4. Protein
7. Global Food Thickeners Market Analysis and Forecast, By Source
7.1. Segment Overview
7.2. Plants
7.3. Animals
8. Global Food Thickeners Market Analysis and Forecast, By Application
8.1. Segment Overview
8.2. Confectionary
8.3. Bakery
9. Global Food Thickeners Market Analysis and Forecast, By Regional Analysis
9.1. Segment Overview
9.2. North America
9.2.1. U.S.
9.2.2. Canada
9.2.3. Mexico
9.3. Europe
9.3.1. Germany
9.3.2. France
9.3.3. U.K.
9.3.4. Italy
9.3.5. Spain
9.4. Asia-Pacific
9.4.1. Japan
9.4.2. China
9.4.3. India
9.5. South America
9.5.1. Brazil
9.6. Middle East and Africa
9.6.1. UAE
9.6.2. South Africa
10. Global Food Thickeners Market-Competitive Landscape
10.1. Overview
10.2. Market Share of Key Players in Global Food Thickeners Market
10.2.1. Global Company Market Share
10.2.2. North America Company Market Share
10.2.3. Europe Company Market Share
10.2.4. APAC Company Market Share
10.3. Competitive Situations and Trends
10.3.1. Product Launches and Developments
10.3.2. Partnerships, Collaborations, and Agreements
10.3.3. Mergers & Acquisitions
10.3.4. Expansions
11. Company Profiles
11.1. Darling Ingredients Inc
11.1.1. Business Overview
11.1.2. Company Snapshot
11.1.3. Company Market Share Analysis
11.1.4. Company Source Portfolio
11.1.5. Recent Developments
11.1.6. SWOT Analysis
11.2. Naturex S.A.
11.2.1. Business Overview
11.2.2. Company Snapshot
11.2.3. Company Market Share Analysis
11.2.4. Company Source Portfolio
11.2.5. Recent Developments
11.2.6. SWOT Analysis
11.3. TIC Gums, Inc.
11.3.1. Business Overview
11.3.2. Company Snapshot
11.3.3. Company Market Share Analysis
11.3.4. Company Source Portfolio
11.3.5. Recent Developments
11.3.6. SWOT Analysis
11.4. Ingredion Incorporated
11.4.1. Business Overview
11.4.2. Company Snapshot
11.4.3. Company Market Share Analysis
11.4.4. Company Source Portfolio
11.4.5. Recent Developments
11.4.6. SWOT Analysis
11.5. CP Kelco
11.5.1. Business Overview
11.5.2. Company Snapshot
11.5.3. Company Market Share Analysis
11.5.4. Company Source Portfolio
11.5.5. Recent Developments
11.5.6. SWOT Analysis
11.6. DuPont De Nemours, Inc.
11.6.1. Business Overview
11.6.2. Company Snapshot
11.6.3. Company Market Share Analysis
11.6.4. Company Source Portfolio
11.6.5. Recent Developments
11.6.6. SWOT Analysis
11.7. Cargill
11.7.1. Business Overview
11.7.2. Company Snapshot
11.7.3. Company Market Share Analysis
11.7.4. Company Source Portfolio
11.7.5. Recent Developments
11.7.6. SWOT Analysis
11.8. Archer Daniels Midland Company
11.8.1. Business Overview
11.8.2. Company Snapshot
11.8.3. Company Market Share Analysis
11.8.4. Company Source Portfolio
11.8.5. Recent Developments
11.8.6. SWOT Analysis
11.9. Tate & Lyle PLC
11.9.1. Business Overview
11.9.2. Company Snapshot
11.9.3. Company Market Share Analysis
11.9.4. Company Source Portfolio
11.9.5. Recent Developments
11.9.6. SWOT Analysis
11.10. Kerry Inc.
11.10.1. Business Overview
11.10.2. Company Snapshot
11.10.3. Company Market Share Analysis
11.10.4. Company Source Portfolio
11.10.5. Recent Developments
11.10.6. SWOT Analysis
11.11. Ashland
11.11.1. Business Overview
11.11.2. Company Snapshot
11.11.3. Company Market Share Analysis
11.11.4. Company Source Portfolio
11.11.5. Recent Developments
11.11.6. SWOT Analysis
11.12. FDL Limited
11.12.1. Business Overview
11.12.2. Company Snapshot
11.12.3. Company Market Share Analysis
11.12.4. Company Source Portfolio
11.12.5. Recent Developments
11.12.6. SWOT Analysis
11.13. Medline Industries Inc.
11.13.1. Business Overview
11.13.2. Company Snapshot
11.13.3. Company Market Share Analysis
11.13.4. Company Source Portfolio
11.13.5. Recent Developments
11.13.6. SWOT Analysis
List of Table
1. Global Food Thickeners Market, By Type, 2018 - 2028 (USD Billion)
2. Global Starch, Food Thickeners Market, By Region, 2018 - 2028 (USD Billion)
3. Global Hydrocolloids, Food Thickeners Market, By Region, 2018 - 2028 (USD Billion)
4. Global Protein, Food Thickeners Market, By Region, 2018 - 2028 (USD Billion)
5. Global Food Thickeners Market, By Source, 2018 - 2028 (USD Billion)
6. Global Plants, Food Thickeners Market, By Region, 2018 - 2028 (USD Billion)
7. Global Animal, Food Thickeners Market, By Region, 2018 - 2028 (USD Billion)
8. Global Food Thickeners Market, By Application, 2018 - 2028 (USD Billion)
9. Global Bakery, Food Thickeners Market, By Region, 2018 - 2028 (USD Billion)
10. Global Confectionary, Food Thickeners Market, By Region, 2018 - 2028 (USD Billion)
11. North America Food Thickeners Market, By Type, 2018 - 2028 (USD Billion)
12. North America Food Thickeners Market, By Source, 2018 - 2028 (USD Billion)
13. North America Food Thickeners Market, By Application, 2018 - 2028 (USD Billion)
14. U.S. Food Thickeners Market, By Type, 2018 - 2028 (USD Billion)
15. U.S. Food Thickeners Market, By Source, 2018 - 2028 (USD Billion)
16. U.S. Food Thickeners Market, By Application,2018 - 2028 (USD Billion)
17. Canada Food Thickeners Market, By Type, 2018 - 2028 (USD Billion)
18. Canada Food Thickeners Market, By Source, 2018 - 2028 (USD Billion)
19. Canada Food Thickeners Market, By Application,2018 - 2028 (USD Billion)
20. Mexico Food Thickeners Market, By Type, 2018 - 2028 (USD Billion)
21. Mexico Food Thickeners Market, By Source, 2018 - 2028 (USD Billion)
22. Mexico Food Thickeners Market, By Application,2018 - 2028 (USD Billion)
23. Europe Food Thickeners Market, By Type, 2018 - 2028 (USD Billion)
24. Europe Food Thickeners Market, By Source, 2018 - 2028 (USD Billion)
25. Europe Food Thickeners Market, By Application,2018 - 2028 (USD Billion)
26. Germany Food Thickeners Market, By Type, 2018 - 2028 (USD Billion)
27. Germany Food Thickeners Market, By Source, 2018 - 2028 (USD Billion)
28. Germany Food Thickeners Market, By Application,2018 - 2028 (USD Billion)
29. France Food Thickeners Market, By Type, 2018 - 2028 (USD Billion)
30. France Food Thickeners Market, By Source, 2018 - 2028 (USD Billion)
31. France Food Thickeners Market, By Application,2018 - 2028 (USD Billion)
32. U.K. Food Thickeners Market, By Type, 2018 - 2028 (USD Billion)
33. U.K. Food Thickeners Market, By Source, 2018 - 2028 (USD Billion)
34. U.K. Food Thickeners Market, By Application,2018 - 2028 (USD Billion)
35. Italy Food Thickeners Market, By Type, 2018 - 2028 (USD Billion)
36. Italy Food Thickeners Market, By Source, 2018 - 2028 (USD Billion)
37. Italy Food Thickeners Market, By Application,2018 - 2028 (USD Billion)
38. Spain Food Thickeners Market, By Type, 2018 - 2028 (USD Billion)
39. Spain Food Thickeners Market, By Source, 2018 - 2028 (USD Billion)
40. Spain Food Thickeners Market, By Application,2018 - 2028 (USD Billion)
41. Asia Pacific Food Thickeners Market, By Type, 2018 - 2028 (USD Billion)
42. Asia Pacific Food Thickeners Market, By Source, 2018 - 2028 (USD Billion)
43. Asia Pacific Food Thickeners Market, By Application,2018 - 2028 (USD Billion)
44. Japan Food Thickeners Market, By Type, 2018 - 2028 (USD Billion)
45. Japan Food Thickeners Market, By Source, 2018 - 2028 (USD Billion)
46. Japan Food Thickeners Market, By Application,2018 - 2028 (USD Billion)
47. China Food Thickeners Market, By Type, 2018 - 2028 (USD Billion)
48. China Food Thickeners Market, By Source, 2018 - 2028 (USD Billion)
49. China Food Thickeners Market, By Application,2018 - 2028 (USD Billion)
50. India Food Thickeners Market, By Type, 2018 - 2028 (USD Billion)
51. India Food Thickeners Market, By Source, 2018 - 2028 (USD Billion)
52. India Food Thickeners Market, By Application,2018 - 2028 (USD Billion)
53. South America Food Thickeners Market, By Type, 2018 - 2028 (USD Billion)
54. South America Food Thickeners Market, By Source, 2018 - 2028 (USD Billion)
55. South America Food Thickeners Market, By Application,2018 - 2028 (USD Billion)
56. Brazil Food Thickeners Market, By Type, 2018 - 2028 (USD Billion)
57. Brazil Food Thickeners Market, By Source, 2018 - 2028 (USD Billion)
58. Brazil Food Thickeners Market, By Application,2018 - 2028 (USD Billion)
59. Middle East and Africa Food Thickeners Market, By Type, 2018 - 2028 (USD Billion)
60. Middle East and Africa Food Thickeners Market, By Source, 2018 - 2028 (USD Billion)
61. Middle East and Africa Food Thickeners Market, By Application,2018 - 2028 (USD Billion)
62. UAE Food Thickeners Market, By Type, 2018 - 2028 (USD Billion)
63. UAE Food Thickeners Market, By Source, 2018 - 2028 (USD Billion)
64. UAE Food Thickeners Market, By Application,2018 - 2028 (USD Billion)
65. South Africa Food Thickeners Market, By Type, 2018 - 2028 (USD Billion)
66. South Africa Food Thickeners Market, By Source, 2018 - 2028 (USD Billion)
67. South Africa Food Thickeners Market, By Application,2018 - 2028 (USD Billion)
List of Figures
1. Global Food Thickeners Market Segmentation
2. Global Food Thickeners Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Food Thickeners Market Attractiveness Analysis By Type
9. Global Food Thickeners Market Attractiveness Analysis By Source
10. Global Food Thickeners Market Attractiveness Analysis By Application
11. Global Food Thickeners Market Attractiveness Analysis By Region
12. Global Food Thickeners Market: Dynamics
13. Global Food Thickeners Market Share by Type(2021 & 2028)
14. Global Food Thickeners Market Share by Source (2021 & 2028)
15. Global Food Thickeners Market Share by Regions (2021 & 2028)
16. Global Food Thickeners Market Share by Company (2020)
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