Thickening agents, or thickeners, are hydrocolloids that surge the viscosity of a solution or mixture without considerably affecting its other properties, such as taste. Hydrocolloids are a heterogeneous group of long-chain polymers that, when dispersed in water, create a thickening or viscous and gelling effect.
As food additives, food thickeners also alleviate food products by growing the suspension and emulsification of colloids, comprising gels, sols, and emulsions. The procedure of thickening comprises a non-specific entanglement of polysaccharide and protein polymer chains. The thickening effect generated by hydrocolloids depends on numerous factors, including the pH and temperature of the food product as well as the hydrocolloid type and concentration.
Market Dynamics- Global Food Thickeners Market
Mounting demand for convenience food along with rising disposable income, and the advantages & various functions linked with the use of food thickeners fuel the global food thickeners market. Moreover, growing health awareness among consumers is likely to provide a substantial growth opportunity to the global industry players. However, variation in prices of food thickeners and high R&D cost related with their production may hinder the market development.
Food Thickeners Market Segmental Overview
The study analyses global Food Thickeners market based on type, source, application and geography.
Food Thickeners Market by Type
Starch, protein, hydrocolloids etc. are some of the major food thickeners accessible to the customers. Hydrocolloid segment is anticipated to dominate the market over the forecast period. The various types of hydrocolloids used as food thickeners include alginate, pectin, locust bean gum, guar gum, xanthan gum, carrageenan gum, and beta-glucan. The steady nature of hydrocolloids under low pH makes them fiber rich, thus, improving its application in the food & beverage industry.
Food Thickeners Market by Source
Plant, animal and microbial are the major sources of food thickeners. However, the plant segment is likely to hold majority share of the market owing to its various applications in bakery, confectionery, ready-to-eat meals etc. Food thickeners obtained from plants are sustainable and hugely demanded by customers owing to the increased trend of veganism and vegetarian diets, specifically in food products such as bakery, confectionery, and processed food.
Food Thickeners Market by Application
The market finds application in Bakery, Confectionery, Sauces, Dressings, Marinades and Gravies, Beverages, Dairy & Frozen Desserts, Convenience & Processed Foods etc. Amongst them, the bakery segment is likely to dominate the market over the forecast period. Various aspects such as growing demand for nutritional breakfast, organic and natural goods are projected to boost this segment. However, producers are also enlarging their product portfolio by embracing exotic flavors, functional ingredients, and organic herbal fillings in their product preparations to serve to the changing consumer tastes. These issues are expected to drive the demand for confectionery products, thereby augmenting the need for the product in confectionery over the forecast period.
Food Thickeners Market by Geography
Geographically, the study is comprised of the key countries of North America, Europe, Asia-Pacific and Rest of the World. North America is likely to hold a major share for the global food thickeners market over the forecast period. Europe followed by the Asia Pacific region have also witnessed high demand for food thickeners owing to increasing consumer inclinations towards nutritional food products. Moreover, from supply side, changing technology and automation of the whole production process is the recent trend noticed in the food and beverages industry. These evolving trend in the industry are expected to drive the food thickeners market in coming years. Europe is expected to witness the fastest growth over the forecast period owing to increase in demand for bakery and confectionery products.
Global Food Thickeners Market-Key Players
The key competitors of this market include Archer Daniels Midland Company, Cargill, Inc., DuPont, Ingredion Inc., Kerry Group PLC, CP Kelco, Darling Ingredients, Tate & Lyle PLC, Ashland Specialty Ingredients, TIC GUMS and among others.
The study analyses global food thickeners market based on type, source, application and geography. Starch, protein, hydrocolloids etc. are some of the major food thickeners accessible to the customers. Hydrocolloid segment is anticipated to dominate the market over the forecast period. Plant, animal and microbial are the major sources of food thickeners. However, the plant segment is likely to hold majority share of the market owing to its various applications in bakery, confectionery, ready-to-eat meals etc. The market finds application in Bakery, Confectionery, Sauces, Dressings, Marinades and Gravies, Beverages, Dairy & Frozen Desserts, Convenience & Processed Foods etc. Amongst them, the bakery segment is likely to dominate the market. Geographically, the study is comprised of the key countries of North America, Europe, Asia-Pacific and Rest of the World. North America is likely to hold a major share for the global food thickeners market over the forecast period.
Why to buy this report:
- The report offers changing market dynamics in the Food Thickeners market industry, presenting historical, current and projected market size in terms of value (USD Million)
- The research study provides an in-depth analysis of the industry value chain focusing on the peer and parent markets of the Food Thickeners market
- It presents a comprehensive assessment of geographical regions exhibiting promising growth, potential and niche segments and a neutral perspective of the Food Thickeners market performance
- The report also offers strategic recommendations in key business segments based on the market estimations and competitive landscape, mapping the key common trends of Food Thickeners market
