According to the latest report by IMARC Group, titled, “Food Thickeners Market:Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026″, the global food thickeners market grew at a CAGR of around 5% during 2015-2020 expects the market to exhibit moderate growth during the next five years.
Food thickeners are food modifying agents that are added to an aqueous mixtureto increase viscosity without substantially altering other properties like taste. They are usually obtained from plant sources that increase the bulkiness and consistency of the product by absorbing water present in the food item. Some of the widely preferred food thickeners are hydrocolloids, tapioca, arrowroot, gelatin, collagen, potato starch, cornstarch, sago, and xanthan gum. They are primarily used in sauces, desserts, puddings, and gravies to provide a consistent texture, improve the suspension of ingredients and enhance the stability of different dishes.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Food Thickeners Market Trends:
The increasing demand for ready-to-eat (RTE) and convenience food products on account of rapid urbanization,changing dietary patterns, and inflating income levels of consumersrepresents one of the key factors driving the market. In addition, food thickeners are utilized to maintain the required texture of meat, poultry, and dairy-based food items.Moreover, the launch of innovative variants with enhanced organoleptic properties, ingredient emulsification, and palatability is creating a positive outlook for the market.
Global Food Thickeners Market 2021-2026 Analysis and Segmentation:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Archer Daniels Midland Company, Ashland Global Holdings Inc., Cargill Incorporated, CP Kelco U.S. Inc. (J.M. Huber Corporation), Darling Ingredients Inc., DuPont De Nemours Inc., Ingredion Incorporated, Kerry Inc. (Kerry Group Plc), Medline Industries Inc. and Tate & Lyle Plc.
The report has segmented the market on the based on region, type, source and application.
Breakup by Type:
Breakup by Source:
Breakup by Application:
Breakup by Region:
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Key highlights of the report:
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