Global Food Thickener Market Size, Share, Growth, Trends, and Forecast (2024 - 2031)
Global Food Thickener Market Scope: Historical Data (2021 – 2022), Base Year (2023), Forecast Period (2024 – 2031)
Market Segmentation: By Category (Natural, and Synthetic), Type (Hydrocolloids, (Gelatin, Xanthan Gum, Agar, Pectin, and Others), Protein, and Starch), Application (Bakery & Confectionery, Dairy, Sauces & Dressings, Beverages, and Others), and Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)
Market Overview
The Global Food Thickener Market was valued at USD 16,853.9 million in 2023 and is expected to reach USD 26,660.5 million by 2031 while growing at a CAGR of 5.9% during the forecast period (2024-2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Market Dynamics
This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global food thickener market growth. A food thickener enhances viscosity, providing a thicker and more consistent texture to foods and beverages. It plays a crucial role in modifying physical properties like texture, mouthfeel, and stability in both processed and home-cooked foods.
Increasing demand for processed and convenience foods, along with the functional benefits in texture enhancement, drives the growth of the food thickener market. However, obstacles like health and safety concerns, as well as regulatory challenges and labelling requirements, may impede market expansion.
Furthermore, the global food thickener industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.
Segmentation – By Category Analysis
The Global Food Thickener Market is segmented among Natural, and Synthetic, based on Category. In 2023, Natural accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Segmentation – By Type Analysis
The Global Food Thickener Market is segmented among Hydrocolloids, Protein, and Starch, based on Type. In 2023, Starch accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Global Food Thickener Market: Regional Analysis
Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, Europe dominated the market with the highest market share, while North America is expected to grow with the highest CAGR during the forecast period (2024 – 2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Competitive Landscape
Some of the key players operating in the market are Cargill, Incorporated, Archer Daniels Midland Company, Ingredion Incorporated, Kerry Group Plc, DuPont, Darling Ingredients, and Tate & Lyle PLC.
Table of Contents:
1. Research Methodology and Market Scope
Research Methodology
Market Scope
2. Executive Summary
3. Global Food Thickener Market Dynamics
Drivers
Restraints
Opportunity
4. Global Food Thickener Industry Analysis
PEST Analysis
Porter's Five Force Analysis
Recent Deals Analysis
5. Global Food Thickener Market Segmentation, By Category
Global Food Thickener Market Share Analysis, By Category
Global Food Thickener Market Growth Analysis, By Category
Global Food Thickener Market Trends, By Category
o Natural
o Synthetic
6. Global Food Thickener Market Segmentation, By Type
Global Food Thickener Market Share Analysis, By Type
Global Food Thickener Market Growth Analysis, By Type
Global Food Thickener Market Trends, By Type
o Hydrocolloids
Ø Gelatin
Ø Xanthan Gum
Ø Agar
Ø Pectin
Ø Others
o Protein
o Starch
7. Global Food Thickener Market Segmentation, By Application
Global Food Thickener Market Share Analysis, By Application
Global Food Thickener Market Growth Analysis, By Application
Global Food Thickener Market Trends, By Application
o Bakery & Confectionery
o Dairy
o Sauces & Dressings
o Beverages
o Others
8. Global Food Thickener Market Segmentation, By Region
Global Food Thickener Market Share Analysis, By Region
Global Food Thickener Market Growth Analysis, By Region
Global Food Thickener Market Trends, By Region
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East
o Africa
9. Competitive Landscape
Cargill, Inc.*
o Company Overview
o Financial Performance
o Key Development/Strategies
o SWOT Analysis
Incorporated
Archer Daniels Midland Company
Ingredion Incorporated
Kerry Group Plc
DuPont
Darling Ingredients
Tate & Lyle PLC
*Similar analysis will be provided for each company listed above.