Food Thickeners Market to Grow with a CAGR of 5.7% through 2028
Growing demand for functional thickeners, and the
expansion of the food and beverage industry are factors driving the global Food
Thickeners market in the forecast period 2024-2028.
According to TechSci Research report, “Food
Thickeners Market – Global Industry
Size, Share, Trends, Competition Forecast & Opportunities, 2028”,
the Global Food Thickeners Market stood
at USD14.32 billion in 2022 and is anticipated to grow with a CAGR of 5.7% in
the forecast period, 2024-2028. The global food thickeners market is
experiencing steady growth driven by diverse factors. Consumer preferences for
enhanced textures and stable consistencies in food and beverages have fueled
the demand for thickeners across various segments. The market is characterized
by a wide range of thickeners derived from both natural and synthetic sources,
offering versatility to manufacturers. Rising health consciousness has prompted
the use of natural thickeners like agar, pectin, and starches, aligning with
clean label trends. Additionally, the aging population and increased instances
of dysphagia have amplified the adoption of thickeners in healthcare settings. The
food industry's continuous quest for innovation, from molecular gastronomy to
convenience foods, is spurring the exploration of new textural experiences
achievable through thickeners. However, challenges such as raw material price
volatility and regulatory constraints on certain synthetics persist, driving
manufacturers to balance functionality with compliance. Consumer consciousness regarding health and wellness
has ignited a revolution in food preferences, particularly in North America. An
increasing number of consumers are scrutinizing food labels for ingredients
that are familiar and natural. This burgeoning demand for transparency has
steered the market towards natural and plant-based food thickeners. Ingredients
like tapioca starch, agar, and xanthan gum have become go-to choices for
manufacturers looking to meet clean label expectations. The preference for
natural ingredients extends beyond health considerations. Consumers are
embracing these thickeners due to their sustainable and ethical implications.
The rising awareness of environmental impact and the desire to support
sustainable sourcing aligns with the natural food thickeners trend, which
continues to drive market growth. Moreover, the graying population in North
America is another pivotal factor catalyzing the expansion of the food
thickeners market. With an increased prevalence of health conditions like
dysphagia, which affects swallowing, the demand for modified-texture diets has
surged. Individuals with dysphagia require thickened foods and liquids for safe
consumption, driving the adoption of food thickeners in healthcare settings. These
modified diets have created a niche for specialized thickeners that cater to
this demographic's unique needs. The need to provide nutrition while ensuring
safety has led to heightened adoption of food thickeners, creating a
significant market avenue in North America's healthcare and culinary sectors. The
global food thickeners market is segmented into type, source, application,
regional distribution, and company.
Browse over XX market data Figures spread through XX Pages and an in-depth TOC on "Global Food Thickeners Market.”
Based on type the market is segmented into protein,
starch, hydrocolloids, and others. Starch stands as the fastest-growing segment in the
global food thickeners market, fueled by its versatile applications, natural
origin, and consumer demand for clean-label ingredients. Widely utilized across
various culinary and industrial domains, starches offer excellent thickening
properties and adaptability. As consumers lean toward healthier choices,
starches meet the criteria by being plant-derived and free from synthetic
additives. The increasing emphasis on texture innovation and the expansion of
convenience food products also contribute to starch's rapid growth, solidifying
its pivotal role in shaping the evolving landscape of food and beverages. Based on source the market is further
segmented into plant, animal. Based on application the market is
segmented into bakery, confectionery, dairy & frozen desserts, sauces,
convenience food, and others. Based on region the market is segmented
into five regions Asia Pacific, North America, Europe, Middle East & Africa,
and South America.
Major companies operating in Global Food
Thickeners Market are:
- Cargill, Inc.
- DuPont De Nemours, Inc.
- Kerry Inc.
- Guar Resources, LLC.
- Kent Precision Foods Group, Inc.
- TIC Gums, Inc.
- Naturex S.A.
- Medline Industries, Inc.
- Fooding Group Limited
- Emsland Group
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“The global food thickeners market is on a progressive
trajectory, driven by shifting consumer preferences, technological
advancements, and health considerations. The market showcases a broad spectrum
of thickeners sourced from natural and synthetic origins, responding to the
diverse demands of the food and beverage industry. As consumers increasingly
seek recognizable ingredients, natural thickeners like agar and pectin have
gained prominence. Additionally, the rise of health-related concerns, including
dysphagia, has fueled the adoption of thickeners in healthcare settings,
catering to modified diets. Culinary innovation and molecular gastronomy have
expanded the textural possibilities achievable with thickeners, transcending
traditional boundaries,” said Mr. Karan Chechi, Research Director with TechSci
Research, a research-based management consulting firm.
“Food Thickeners Market By Type (Protein, Starch,
Hydrocolloids, and Others), By Source (Plant, Animal), By Application (Bakery,
Confectionery, Dairy & Frozen Desserts, Sauces, Convenience food, and
Others), By Region, By Region, By Competition
Forecast & Opportunities, 2018-2028F”, has evaluated
the future growth potential of global food thickeners market and provides statistics
& information on market size, structure, and future market growth. The
report intends to provide cutting-edge market intelligence and help decision
makers take sound investment decisions. Besides, the report also identifies and
analyzes the emerging trends along with essential drivers, challenges, and
opportunities in the global food thickeners market.
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