About Food Thickeners
The food thickeners are the food agents that help in rising the consistency or thickness of the food without affecting the flavor or any others property of the foods. The food thickeners offer latest features such as modified certain vegetable gums, food starch or polysaccharide. Major driving factors for the food thickeners market is increase its viscosity without substantially altering its other properties, rise in disposable income and Increase in demand for convenience food . This factor is expected to boost the global market. The major companies are adding more proven technologies systematically and strategically in Asia-Pacific countries as these countries are focused on fastest-growing verticals in the food industry and bakery sector.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 6.4% |
The market is seeing moderate market players, by seeing huge growth in this market the key leading vendors are highly focusing on production technologies, efficiency enhancement, and product life. There are various growth opportunities in this market which are captured by leading players via tracking the ongoing process enhancement and huge investment in market growth strategies. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Food Thickeners market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Archer Daniels Midland Company (United States), Cargill, Inc. (United States), E. I. DuPont de Nemours and Company (United States), Ingredion Incorporated (United States), Kerry Group Plc. (Ireland), CP Kelco (United States), Darling Ingredients (United States), Tate & Lyle PLC. (United Kingdom) and Ashland Specialty Ingredients (United Kingdom) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are TIC Gums (United States) and Fuerst Day Lawson(United Kingdom.
Segmentation Overview
AMA Research has segmented the market of Global Food Thickeners market by Type (Hydrocolloids [Xanthan, Gelatin Gum, Guar Gum, Others], Protein [Egg white, Gelatin, Collagen] and Starch [Corn, Potato]), Application (Bakery, Confectionery, Sauces, Beverages, Convenience Foods, Dressings, Marinades & Gravies and Dairy & Frozen Desserts ) and Region.
On the basis of geography, the market of Food Thickeners has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Form, the sub-segment i.e. Gel Type will boost the Food Thickeners market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Source, the sub-segment i.e. Plant will boost the Food Thickeners market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Value Oriented Consumers and Upsurge demand due to huge product portfolio and distribution network.
Market Growth Drivers:
Rapid Healthier Lifestyles and Convenience Foods Propelled the Food Thickeners Market. and Increase in Demand of Wheel Loaders in Construction and Military & Defense.
Challenges:
Food Thickeners Lead to Health Issues Due to Presence of Aspartame, Saccharin, Nitrites and Benzoates.
Restraints:
High Cost Associated With Research and Developments of Food Thickeners. and Price Fluctuations in Raw Materials Hamper the Growth of Food Thickeners Market.
Opportunities:
The Food Thickeners are used in Food and Beverages Industries to Increase the Viscosity of Food Products. and Improvements in Functional and Other Organoleptic Properties of the Products.
Market Leaders and their expansionary development strategies
In October 2022, Tate & Lyle plc launched its new STABILOSE, which is a line of starches and texturizers designed to improve the stability and thickness of food products.
“According to food and drug administration , it’s denoted that the additive is a polysaccharide gum derived from Xanthomonas campestris by a pure-culture fermentation process and purified by recovery with isopropyl alcohol. It contains D-glucose, D-mannose, and D-glucuronic acid as the dominant hexose units and is manufactured as the sodium, potassium, or calcium salt.”
Key Target Audience
Food Thickeners Manufacturers, Food Thickeners Traders, End-Use Market Participants of Different Segments of Food Thickeners, Government and Research Organizations, Associations and Industrial Bodies, Research and Consulting Firms, R&D Institutions and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.