Press Release

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.


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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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Mr. Ken Mathews

Techsci Research LLC

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New York, United States- 10170

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Website: www.techsciresearch.com

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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 Competition Forecast & Opportunities, 2018-2028F

Consumer Goods and Retail | Dec, 2023

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.

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