Global Food Thickeners Market is Growing with a CAGR of 5.5% in the Forecast Period of 2022 to 2029

Global Food Thickeners Market is growing with factors such as growth in investments and collaborations in the meat processing business and preference for animal-based proteins over plant-based proteins also acts as a major factor for the growth of the market. Growing fast foods and restaurant chains have also given bloom to the global food thickeners market. Significant innovation and new product launches are anticipated to propel the demand of the market.

However, stringent government regulations for food thickeners may impede the demand of the market.

Global Food thickeners Market Scenario                                 

According to Data Bridge Market Research, the market for global food thickeners in Asia-Pacific has the highest market share, followed by North America and Europe. The market leader is Ingredion Incorporated which accounts for an estimated market share of approximately 3.17% in the global food thickeners market. The company has gained outstanding sales by providing novel food thickeners.

  • In February 2021, Ingredion Incorporated signed an agreement to create a joint venture with Grupo Arcor to produce value-added ingredients, such as glucose syrups, maltose, fructose, and starch. This has helped the company in regional expiation

Food Thickeners MarketTrends Impacting the Market

Now the question is which other regions Ingredion Incorporated, Cargill, Incorporated, and ADM are targeting? Data Bridge Market Research has forecasted a large growth in the Asia-Pacific food thickeners market and the market leaders targeting China to be their next pocket revenue for 2021.

The food thickeners market is becoming more competitive with companies such as Ingredion Incorporated, Cargill, Incorporated, and ADM among others are the top dominating companies in food thickeners market and have launched novel services and consumables in the market. The data bridge market research new reports highlight the major growth factors and opportunities in the global food thickeners market.

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Food Thickeners Market Recent Developments

  • In January 2021, Tate & Lyle expanded its line of tapioca-based starches. The expansion includes the launch of new REZISTA MAX thickening starches and BRIOGEL gelling starches. This has helped the company to widen its product portfolio
  • In May 2019, Bioriginal introduced a new product named XanFlax, which is a natural thickening agent that can be used as a non-GMO replacement for xanthan gum in a variety of food applications

Scope of the Food Thickeners Market

The global food thickeners market is segmented on the basis of countries into the U.S., Canada and Mexico, the U.K., Germany, France, Spain, Italy, Netherlands, Switzerland, Russia, Turkey, Belgium and the Rest of Europe, China, South Korea, Japan, India, Australia, Singapore, Malaysia, Indonesia, Thailand, Philippines and rest of Asia-Pacific, South Africa, Saudi Arabia, U.A.E., Kuwait and rest of the Middle East and Africa, Brazil, Argentina and Rest of South America.

The global food thickeners market is segmented into five notable segments based on type, form, nature, source, and application. On the basis of type, the global food thickeners market is segmented into protein, starch, hydrocolloids, pectin, and others. On the basis of form, the global food thickeners market is segmented into gel, powder, granules, and others. On the basis of nature, the global food thickeners market is segmented into GMO and non-GMO. On the basis of source, the global food thickeners market is segmented into plant-based, animal-based, marine, and microbial. On the basis of application, the global food thickeners market is segmented into food and beverage.

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Key Pointers Covered in Food Thickeners Market Industry Trends and Forecast to 2029

  • Market size
  • Top to bottom market analysis
  • Recent developments for market competitors
  • Recent market value for different countries
  • Market value and overview of food thickeners market
  • Company profiling of top eight players of food thickeners market

Key Market Competitors Covered in the Report

  • Ingredion Incorporated
  • Cargill, Incorporated
  • CP Kelco U.S., Inc.
  • Tate & Lyle
  • DuPont Nutrition Bioscience ApS
  • Ashland
  • ADM
  • Jungbunzlauer Suisse AG
  • Deosen Biochemical (Ordos) Ltd.
  • GELITA AG
  • Solvay
  • VIKAS WSP LTD.
  • DSM
  • Guar Resources, LLC.
  • Medline Industries, LP
  • Kent Precision Foods Group, Inc.
  • Chimique (India) Ltd
  • Fooding Group Limited
  • HL Agro Products Pvt. Ltd.
  • Emsland Group

Above are the key players covered in the report, to know about more and exhaustive list of global food thickeners companies’, contact us- https://www.databridgemarketresearch.com/toc/?dbmr=global-food-thickeners-market

Research Methodology: Global Food Thickeners Market

Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or can drop down your inquiry.

The key research methodology used by the DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market timeline analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis, and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Primary Respondents

  • Demand Side: Manufacturer, Pathologists, Healthcare Industry, Scientists, Research Laboratories
  • Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers, among others.

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