The global food thickeners agents market is anticipated to grow at a considerable CAGR of 5.4% during the forecast period. Food thickeners act like a food modifying agents, which are used to modify the texture and structure of food and beverages. The consumers used most widely food thickeners such as- starches, followed by hydrocolloids, and proteins. This thickener is used to increase the thickness of food and beverages. Moreover, food thickeners are largely utilized in bakery products, confectionary products, beverages items, processed foods, among others. Further, an increase in the life style of the consumers, resulting in a healthy diet which in result escalating the market growth. Food thickeners such as starch, hydrocolloids, and proteins becomes preferred choice for baking industry, wherein this items are used for as a thickening, gelling, and stabilizing agents. Rising prevalence for non-alcoholic drinks, soft drinks, healthy juices, and energy drinks, is another major factor that fueled the growth of the market.
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The market players are considerably contributing to the market growth by the adoption of various strategies including mergers & acquisitions, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in July 2020, Ingredion Corp. has launched three new organic starches, Purity bio 201 organic native corn starch, Purity bio 301 organic native tapioca starch, and Purity bio 805 organic native rice starch for US and Canada. The Purity bio 201 organic native corn starch and Purity bio 301 organic native tapioca starch is smooth, set to an opaque gel when cooled, and form in a strong gel after cooled in a cooked dispersion. Purity bio 805 is a waxy rice starch, which offers high viscosity, high-water holding capacity. The purpose of inventing these three brands is to provide food manufacturers an extensive range of organic ingredients to help them fulfill the growing demand of consumers.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
Global Food Thickeners Agents Market, by Type
- Hydrocolloids
- Protein
- Starch
- Others
Global Food Thickeners Agents Market, by Form
- Powder
- Granules
- Gel
Global Food Thickeners Agents Market, by Application
- Baking
- Beverage and Confectionary
- Others
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- Ashland Global Holdings Inc.
- Cargill
- Chimique Ltd.
- Darling Ingredients Inc.
- Emsland Group
- FDL Ltd.
- Guar Resources, LLC.
- HL Agro Products Pvt. Ltd.
- Ingredion Inc.
- M. HUBER
- Jungbunzlauer
- Kent Precision Foods Group, Inc.
- Kerry Group Plc
- Naturex
- Nestlé S.A
- Nippon Paper Industries Co.Ltd.
- Tate & Lyle Plc
- Vikas Wsp Ltd.
- Walgreens
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global food thickener agents market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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