Food Thickeners Agents Market
Global Food Thickeners Agents Market Size, Share & Trends Analysis Report By Type (Hydrocolloids, Protein, Starch, and Others) By Form (Powder, Granules, Gel, and Others) By Application (Baking, Beverage and Confectionary, and Others) Forecast 2022-2028
The global food thickeners agents market is anticipated to grow at a considerable CAGR of 5.4% during the forecast period. Food thickeners act like a food modifying agents, which are used to modify the texture and structure of food and beverages. The consumers used most widely food thickeners such as- starches, followed by hydrocolloids, and proteins. This thickener is used to increase the thickness of food and beverages. Moreover, food thickeners are largely utilized in bakery products, confectionary products, beverages items, processed foods, among others. Further, an increase in the life style of the consumers, resulting in a healthy diet which in result escalating the market growth. Food thickeners such as starch, hydrocolloids, and proteins becomes preferred choice for baking industry, wherein this items are used for as a thickening, gelling, and stabilizing agents. Rising prevalence for non-alcoholic drinks, soft drinks, healthy juices, and energy drinks, is another major factor that fueled the growth of the market.
The market players are considerably contributing to the market growth by the adoption of various strategies including mergers & acquisitions, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in July 2020, Ingredion Corp. has launched three new organic starches, Purity bio 201 organic native corn starch, Purity bio 301 organic native tapioca starch, and Purity bio 805 organic native rice starch for US and Canada. The Purity bio 201 organic native corn starch and Purity bio 301 organic native tapioca starch is smooth, set to an opaque gel when cooled, and form in a strong gel after cooled in a cooked dispersion. Purity bio 805 is a waxy rice starch, which offers high viscosity, high-water holding capacity. The purpose of inventing these three brands is to provide food manufacturers an extensive range of organic ingredients to help them fulfill the growing demand of consumers.
Impact of COVID-19 Pandemic on Global Food Thickeners Agents Market
COVID-19 pandemic is an uncontrollable global public health emergency that has affected almost every industry, and the effect of COVID-19 pandemic projected to impact the industries in long-run. Lockdowns announced by the governments of countries, breakdown of supply chain of the products, and shortage of labor across the globe, has hindered the growth of the market in the COVID-19 pandemic. Moreover, the closing down of bakery shops, lack of availability of basic raw materials for the manufacturing of food thickeners reduces the demand during COVID-19.
Segmental Outlook
The global food thickener agents market is segmented into based on type, form, and application. Based on type, the market is sub-segmented into hydrocolloids, protein, starch, and others. Based on form, the market is sub-categorized into powder, granules, gel, and others. Based on application, the market is further bifurcated into baking, beverage and confectionary, and others. Based on type, starch segment has fueled the growth in food thickener agents market. Owing to its property of stability and gelling, this are predominantly consumed in fast foods items such as, noodles, potato chips, soups, and hot dog sausages. Rapid urbanization in the developing countries, growing fast food chains, and development of hotel industry will further propel the growth of starch segment in food thickener agents market.
Global Food Thickener Agents Market Share by Type, 2021 (%)
The Hydrocolloids Holds the Major Share in the Global Food Thickener Agents Market
Hydrocolloids as a segment holds the lucrative share in global food thickener agents market from few years. Hydrocolloids are largely used as a food additive and thickeners, in different form such as hey are used as a sugar substitute in whipped creams, wheat flour substitute in cookies, act as coating material in nuts & dried fish, and for starch dispenser in rice. Moreover, hydrocolloids are available in different form such as, alginate, pectin, gum, guar gum, and beta-glucan. Owing to its wider application and availability in different forms enhanced the growth of hydrocolloids in food thickener agents market in coming years. Further, demand for hydrocolloids is driven by consumer trends such as –the quest for convenient foods and beverages, consumers increasing demand for dairy and plant-based protein drinks, and trend towards clean labeling.
Regional Outlooks
The global food thickener agents’ market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East &Africa, and Latin America). The North America region holds the highest revenue for the food thickener agents market, rising demand for low-fat and convenience foods, rising disposable income among the middle-class population, and increasing awareness for health, are some of the major factor which boost the market demand.
Global Food Thickener Agents Market Growth, by Region 2021-2027
The North America Region Holds the Major Share in the Global Food Thickener Agents Market
The North America region holds the major share in the growth of the food thickener market over the forecast period. Owing to the efforts of the food and beverages industry which provides healthy and low-fat foods. The health concern is the major factor that contributes to the growth of the market, as food thickener enhances the appearance of food products, and can replace high-fat oils and creams in numerous recipes, which results in a better supply of food thickeners products in the North-America region. Moreover, the changing lifestyle of people and their preferences have significantly changed their food habits, which in turn arises the need for food additives. Food thickeners help in maintaining the nutritional value of the food, without changing the taste, and preserve the food for a longer time. Owing to wider application, and higher demand among the young and generic population increases the demand of food thickener market in the North-America region over the forecast period.
Market Players Outlook
The major companies serving the global food thickener agents market are, Archer Daniels Midland Co., Danone S.A., DuPont De Nemours Inc., Hormel Foods Corp., Simply Thick LLC., Ashland Global Holdings Inc., Chimique Ltd., and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers & acquisitions, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in October 2021, Tate & Lyle PLC is expanding its partnership with Azelis in Europe into three new countries, Greece, Bulgaria, and Republic of North Macedonia. With this agreement of partnership, the company will develop new market into these three new countries. Moreover, Azelis is become distributor of Tate & Lyle’s portfolio which includes, promitor soluble fibers, claria clean label starches, and sweeteners.
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global food thickener agents market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
• Impact of COVID-19 on the Global Food Thickeners Agents Market
• Recovery Scenario of Global Food Thickeners Agents Market
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. BY Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.1.1. Archer Daniels Midland Co.
3.1.1.1. Overview
3.1.1.2. Financial Analysis
3.1.1.3. SWOT Analysis
3.1.1.4. Recent Developments
3.1.2. Danone S.A.
3.1.2.1. Overview
3.1.2.2. Financial Analysis
3.1.2.3. SWOT Analysis
3.1.2.4. Recent Developments
3.1.3. DuPont de Nemours, Inc.
3.1.3.1. Overview
3.1.3.2. Financial Analysis
3.1.3.3. SWOT Analysis
3.1.3.4. Recent Developments
3.1.4. Hormel Foods Corp.
3.1.4.1. Overview
3.1.4.2. Financial Analysis
3.1.4.3. SWOT Analysis
3.1.4.4. Recent Developments
3.1.5. Simply Thick LLC
3.1.5.1. Overview
3.1.5.2. Financial Analysis
3.1.5.3. SWOT Analysis
3.1.5.4. Recent Developments
3.2. Key Strategy Analysis
3.3. Impact of Covid-19 on Key Players
4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities
5. Market Segmentation
5.1. Global Food Thickeners Agents Market, by Type
5.1.1. Hydrocolloids
5.1.2. Protein
5.1.3. Starch
5.1.4. Others
5.2. Global Food Thickeners Agents Market, by Form
5.2.1. Powder
5.2.2. Granules
5.2.3. Gel
5.3. Global Food Thickeners Agents Market, by Application
5.3.1. Baking
5.3.2. Beverage and Confectionary
5.3.3. Others
6. Regional Analysis
6.1. North America
6.1.1. United States
6.1.2. Canada
6.2. Europe
6.2.1. UK
6.2.2. Germany
6.2.3. Italy
6.2.4. Spain
6.2.5. France
6.2.6. Rest of Europe
6.3. Asia-Pacific
6.3.1. China
6.3.2. India
6.3.3. Japan
6.3.4. South Korea
6.3.5. Rest of Asia-Pacific
6.4. Rest of the World
7. Company Profiles
7.1. Ashland Global Holdings Inc.
7.2. Cargill
7.3. Chimique Ltd.
7.4. Darling Ingredients Inc.
7.5. Emsland Group
7.6. FDL Ltd.
7.7. Guar Resources, LLC.
7.8. HL Agro Products Pvt. Ltd.
7.9. Ingredion Inc.
7.10. J.M. HUBER
7.11. Jungbunzlauer
7.12. Kent Precision Foods Group, Inc.
7.13. Kerry Group Plc
7.14. Naturex
7.15. Nestlé S.A
7.16. Nippon Paper Industries Co.Ltd.
7.17. Tate & Lyle Plc
7.18. Vikas Wsp Ltd.
7.19. Walgreens
1. GLOBAL FOOD THICKENERS AGENTS MARKET RESEARCH AND ANALYSIS BY TYPE, 2020-2027 ($ MILLION)
2. GLOBAL HYDROCOLLOIDS IN FOOD THICKENERS AGENTS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
3. GLOBAL PROTEIN IN FOOD THICKENERS AGENTS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
4. GLOBAL STARCH IN FOOD THICKENERS AGENTS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
5. GLOBAL OTHERS IN FOOD THICKENERS AGENTS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
6. GLOBAL FOOD THICKENERS AGENTS MARKET RESEARCH AND ANALYSIS BY FORM, 2020-2027 ($ MILLION)
7. GLOBAL POWDER FOOD THICKENERS AGENTS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
8. GLOBAL GRANULES FOOD THICKENERS AGENTS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
9. GLOBAL GEL FOOD THICKENERS AGENTS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
10. GLOBAL OTHERS FOOD THICKENERS AGENTS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
11. GLOBAL FOOD THICKENERS AGENTS MARKET RESEARCH AND ANALYSIS BY APPLICATION , 2020-2027 ($ MILLION)
12. GLOBAL FOOD THICKENERS AGENTS FOR BAKING MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
13. GLOBAL FOOD THICKENERS AGENTS FOR BEVERAGES AND CONFECTIONARY MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
14. GLOBAL FOOD THICKENERS AGENTS FOR OTHERS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
15. NORTH AMERICAN FOOD THICKENERS AGENTS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
16. NORTH AMERICAN FOOD THICKENERS AGENTS MARKET RESEARCH AND ANALYSIS BY TYPE , 2020-2027 ($ MILLION)
17. NORTH AMERICAN FOOD THICKENERS AGENTS MARKET RESEARCH AND ANALYSIS BY FORM, 2020-2027 ($ MILLION)
18. NORTH AMERICAN FOOD THICKENERS AGENTS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
19. EUROPEAN FOOD THICKENERS AGENTS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
20. EUROPEAN FOOD THICKENERS AGENTS MARKET RESEARCH AND ANALYSIS BY TYPE, 2020-2027 ($ MILLION)
21. EUROPEAN FOOD THICKENERS AGENTS MARKET RESEARCH AND ANALYSIS BY FORM , 2020-2027 ($ MILLION)
22. EUROPEAN FOOD THICKENERS AGENTS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
23. ASIA-PACIFIC FOOD THICKENERS AGENTS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
24. ASIA-PACIFIC FOOD THICKENERS AGENTS MARKET RESEARCH AND ANALYSIS BY TYPE , 2020-2027 ($ MILLION)
25. ASIA-PACIFIC FOOD THICKENERS AGENTS MARKET RESEARCH AND ANALYSIS BY FORM, 2020-2027 ($ MILLION)
26. ASIA-PACIFIC FOOD THICKENERS AGENTS MARKET RESEARCH AND ANALYSIS BY APPLICATION , 2020-2027 ($ MILLION)
27. REST OF THE WORLD FOOD THICKENERS AGENTS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
28. REST OF THE WORLD FOOD THICKENERS AGENTS MARKET RESEARCH AND ANALYSIS BY TYPE, 2020-2027 ($ MILLION)
29. REST OF THE WORLD FOOD THICKENERS AGENTS MARKET RESEARCH AND ANALYSIS BY FORM, 2020-2027 ($ MILLION)
30. REST OF THE WORLD FOOD THICKENERS AGENTS MARKET RESEARCH AND ANALYSIS BY APPLICATION , 2020-2027 ($ MILLION)
1. IMPACT OF COVID-19 ON GLOBAL FOOD THICKENERS AGENTS MARKET, 2020-2027 ($ MILLION)
2. IMPACT OF COVID-19 ON GLOBAL FOOD THICKENERS AGENTS MARKET BY SEGMENT, 2020-2027 ($ MILLION)
3. RECOVERY OF GLOBAL FOOD THICKENERS AGENTS MARKET, 2021-2027 (%)
4. GLOBAL FOOD THICKENERS AGENTS MARKET SHARE BY TYPE , 2020 VS 2027 (%)
5. GLOBAL HYDROCOLLOIDS IN FOOD THICKENERS AGENTS MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
6. GLOBAL PROTEIN IN FOOD THICKENERS AGENTS MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
7. GLOBAL STARCH IN FOOD THICKENERS AGENTS MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
8. GLOBAL OTHERS IN FOOD THICKENERS AGENTS MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
9. GLOBAL FOOD THICKENERS AGENTS MARKET SHARE BY FORM, 2020 VS 2027 (%)
10. GLOBAL POWDER FOOD THICKENERS AGENTS MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
11. GLOBAL GRANULES FOOD THICKENERS AGENTS MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
12. GLOBAL GEL FOOD THICKENERS AGENTS MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
13. GLOBAL OTHERS FOOD THICKENERS AGENTS MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
14. GLOBAL FOOD THICKENERS AGENTS MARKET SHARE BY APPLICATION , 2020 VS 2027 (%)
15. GLOBAL FOOD THICKENERS AGENTS FOR BAKING MARKET SHARE BY GEOGRAPHY,2020 VS 2027 (%)
16. GLOBAL FOOD THICKENERS AGENTS FOR BEVERAGE AND CONFECTIONARY MARKET SHARE BY GEOGRAPHY,2020 VS 2027 (%)
17. GLOBAL FOOD THICKENERS AGENTS FOR OTHERS MARKET SHARE BY GEOGRAPHY,2020 VS 2027 (%)
18. GLOBAL FOOD THICKENERS AGENTS MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
19. US FOOD THICKENERS AGENTS MARKET SIZE, 2020-2027 ($ MILLION)
20. CANADA FOOD THICKENERS AGENTS MARKET SIZE, 2020-2027 ($ MILLION)
21. UK FOOD THICKENERS AGENTS MARKET SIZE, 2020-2027 ($ MILLION)
22. FRANCE FOOD THICKENERS AGENTS MARKET SIZE, 2020-2027 ($ MILLION)
23. GERMANY FOOD THICKENERS AGENTS MARKET SIZE, 2020-2027 ($ MILLION)
24. ITALY FOOD THICKENERS AGENTS MARKET SIZE, 2020-2027 ($ MILLION)
25. SPAIN FOOD THICKENERS AGENTS MARKET SIZE, 2020-2027 ($ MILLION)
26. REST OF EUROPE FOOD THICKENERS AGENTS MARKET SIZE, 2020-2027 ($ MILLION)
27. INDIA FOOD THICKENERS AGENTS MARKET SIZE, 2020-2027 ($ MILLION)
28. CHINA FOOD THICKENERS AGENTS MARKET SIZE, 2020-2027 ($ MILLION)
29. JAPAN FOOD THICKENERS AGENTS MARKET SIZE, 2020-2027 ($ MILLION)
30. SOUTH KOREA FOOD THICKENERS AGENTS MARKET SIZE, 2020-2027 ($ MILLION)
31. REST OF ASIA-PACIFIC POWDERED SOFT DRINK MARKET SIZE, 2020-2027 ($ MILLION)
32. REST OF THE WORLD PRENATAL DIAGNOSTIC MARKET SIZE, 2020-2027 ($ MILLION)
