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Food Thickeners Market: A Look at the Industry’s Growth and Future Prospects

The Global Food Thickeners Market Report, released by Emergen Research, provides an overall analysis of the Food Thickeners Market, taking into account all of the major driving forces behind the sector’s expansion. The most recent research study includes a thorough examination of the micro- and macroeconomic aspects that affect the growth of the global market from 2021 to 2028.

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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.

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.

The report studies the impact of the COVID-19 pandemic on the Food Thickeners market and its crucial segments. The supply chain disruptions and economic instability have negatively impacted the growth of the market in several key regions. The report offers an in-depth analysis of the market size, market share, and market growth and its estimation through the forecast years on the basis of the COVID-19 crisis. The report examines the recent COVID-19 crisis and its impact on the global market. The report explores the present and future impact of the pandemic and provides an insight into the post-pandemic market scenario.

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Segments Covered in this report are:

  • Type Outlook (Revenue, USD Billion; 2018–2028)

    • Starch
    • Protein
    • Hydrocolloids
      1. Agar
      2. Gelatin
      3. Pectin
      4. Xanthan Gum
      5. 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

Competitive Outlook:

The global Food Thickeners market is highly consolidated due to the presence of a large number of companies across this industry. These companies are known to make hefty investments in research and development projects. Also, they control a considerable portion of the overall market share, thus limiting the entry of new players into the sector. The global Food Thickeners market report studies the prudent tactics undertaken by the leading market players, such as partnerships and collaborations, mergers acquisitions, new product launches, and joint ventures.

Key Companies Profiled in the Report are:

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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The report aims to provide a complete analysis of the global Food Thickeners market with important details about the key market players from insightful primary and secondary research data. The report also aims to benefit the user by providing constructive data to gain insight into market growth, size, and investment approaches. Additionally, the report provides an extensive analysis of the Food Thickeners market, including key data, such as factors influencing the growth of the market, buyers and vendors, production and consumption, and revenue.

Key regions in the market include:

North America

U.S.

Canada

Europe

U.K.

Italy

Germany

France

Rest of EU

Asia Pacific

India

Japan

China

South Korea

Australia

Rest of APAC

Latin America

Chile

Brazil

Argentina

Rest of Latin America

Middle East & Africa

Saudi Arabia

U.A.E.

South Africa

Rest of MEA

Highlights of Table of Contents (TOC):

Overview of Global Food Thickeners Market

Competitive analysis of the Food Thickeners market

Regional analysis of Global Food Thickeners market production and revenue

Regional analysis of Global Food Thickeners market supply, consumption, and export & import

Type-based market analysis of global Food Thickeners production, revenue, and price trends

Application-based analysis of the global Food Thickeners market

Manufacturer profiles, manufacturing cost, and upstream and downstream analysis of global Food Thickeners market

Global Food Thickeners market forecast (2021-2028)

Conclusion of the research report

Appendix

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