Future Market Insights
Food thickeners are thickening agents that are used or applied to substances which increase the consistency or thickness of the solution without changing its taste or any property.When a food thickener is added to drink, the fluid is absorbed by thickeners and the beverage thickens. Breaking down the thickener reverses the setting action and almost all water in the drinks is available as a fluid which is absorbed by the body. Food thickeners are used in food & beverage industry to increase the viscosity of food & beverage such as for puddings & sauces in combination with various ingredients like gelatin, eggs, and starches, such as flour, rice flour, cornstarch, and arrowroot. Furthermore, food thickeners can be defined as modified certain vegetable gums, food starch or polysaccharide. Food thickeners are added to beverages, as it absorbs the fluid and the fluid gets thickened. Vegetable gums which are commonly used as food thickeneragents are agar-agar, lignin, pectin, gums and alignin, locust bean gum.
Global Food Thickeners Market: Segmentation
Food Thickeners market is segmented on five different basis which includes types, source, form, application, and regions. By types, the food thickeners types includes hydrocolloids, protein and starch. The starch segment is anticipated to grow at rapid pace in the forecast period. Food thickeners market is further segmented into the source which include plant, animal and microbial. Plant source is gaining high demand in the food thickeners market due to large numbers of suppliers, as it is rich in nutritional value at par with other sources, and is accepted by vegan and non-vegan populations. On the basis of form, food thickeners market is segmented into gel type and powder. Based on application, the food thickeners market is segmented into the bakery, confectionery, sauces, dressings, gravies, beverages, dairy & frozen projects, convenience & processed foods. Beverage segment is projected to acquire the highest share in the application segment of food thickeners market.
Global Food Thickeners Market: Drivers & Restraints
With the rising demand for convenience foods, consumer awareness toward a healthy diet, healthier lifestylesand multiple functionalities and advantages associated with the use of food thickeners, it is likely that the demand for food thickeners will accelerate. Manufacturers of food thickeners are continuously spending and focusing on product innovation to expand their product portfoliosand improving functional properties such as flavor, texture and other organoleptic properties of their products, which is driving the demand of food thickener market across the globe.
High research & developmentcosts that are relatedto the production & development of food thickeners of food thickeners and changes in raw material are some major restraints of the market.
Global Food Thickeners Market: Regional Outlook
On the basis of the geographical market segment, the food thickeners market is segmented into seven different regions: North America, Latin America, and Eastern Europe, Western Europe, and Asia-Pacific region, Japan and Middle East and Africa.Asia-Pacific is estimated to attain high volume in the global food thickeners market, as increasing volume consumption in various varieties of food thickeners in the region due to food & beverages manufacturers are focusing on health aspects, product innovation, and improving the functional features such as flavor and texture.
North America is projected to attain high value in the global food thickeners market as it is attributed to high consumption of hydrocolloids, protein, starch & starch derivatives range of food & beverages application followed by European regions.
Key Market Players in Food Thickeners Market:
Some of the key participating players identified across the value chain of the food thickeners market include Cargill, Archer Daniels Midland Company, Du Pont,Ingredion Incorporated, Tate & Lyle PLC, Ashland Specialty Ingredients, CP Kelco, TIC Gums, Inc., and others.The global manufacturers of food thickeners are anticipated to increase their business by improving their product by expanding their product portfolio and are engaging in merger & acquisitions and developing synergies to deliver healthier foods like reduced sodium and reducing sugar & fat content, with increasing protein & fiber content in their products.
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