Emergen Research’s latest document, titled ‘Global Food Thickeners Market - Forecast to 2028,’ is one of the most sought-after market reports involving an in-depth analysis of the global Food Thickeners Market. The report’s authors have offered necessary details on the latest Food Thickeners Market trends and the crucial parameters impacting both short-term and long-term market growth. Its panoramic view of the Food Thickeners Market industry entails useful insights into the estimated Food Thickeners Market size, revenue share, and sales distribution networks. Such helpful market insights are bound to help readers outline this industry’s key outcome in the near future.
The global food thickeners market size reached USD 13.61 Billion in 2020 and is expected to register a revenue CAGR of 5.6%, during the forecast period. Some of the major factors driving global food thickeners market revenue growth are increasing changes in food preference among consumers and rising demand for agar thickening agents in bakeries. Increasing demand for plant-based thickeners is also expected to boost revenue growth of the market going ahead.
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Demand for convenience food is rising as customer preferences continue to shift. Increasingly busy lifestyle, rapidly growing retail business, increasing development of new products, increasing demand for ready-to-eat food products, are driving demand for packaged foodstuffs. In addition, as the global population grows, food consumption is also increasing, which has a favorable impact on food production. Market growth is being fueled by a rise in global export and import trade activities associated with packaged foods with the objective of enhancing and maintaining the quality of food and hygiene.
Competitive Terrain:
The global Food Thickeners industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.
Leading Market Players Profiled in the Report:
Archer Daniels Midland Company, Cargill Inc., DuPont de Nemours, Inc., Kerry Group plc, Tate Lyle PLC, Medline Industries, Inc., TIC Gums, Inc., CP Kelco U.S., Inc., Fuerst Day Lawson Limited, and Ingredion Incorporated
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Key reasons to buy the Global Food Thickeners Market report:
The latest report comprehensively studies the global Food Thickeners market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
The report offers an insightful analysis of the regional outlook of the market.
It offers a detailed account of the end-use applications of the products services offered by this industry.
The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.
Emergen Research has segmented the global food thickeners on the basis of type, source, application, and region:
Type Outlook (Revenue, USD Billion; 2018–2028)
- Starch
- Protein
- Hydrocolloids
- Agar
- Gelatin
- Pectin
- Xanthan Gum
- Others
Source Outlook (Revenue, USD Billion; 2018–2028)
- Microbial
- Animal
- Plant
Application Outlook (Revenue, USD Billion; 2018–2028)
- Confectionery
- Bakery
- Beverages
- Sauces
- Convenience Processed Food
- Dairy Frozen Desserts
- Others
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Regional Outlook:
North America (the U.S., Canada, Mexico)
Europe (the U.K., Germany, France, Italy)
Asia Pacific (India, China, Japan, Korea)
Latin America (Brazil, Argentina, Ecuador, Chile)
Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran)
Key questions addressed in the report:
Who are the leading players dominating the global Food Thickeners Market?
Which factors could potentially hamper the global market growth during the forecast period?
Which regional market offers the most attractive growth opportunities to the companies operating in this market?
How is the raw material availability affecting the demand for Food Thickeners in this industry vertical?
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