Food thickeners are the food agents that help in increasing the consistency or thickness of the food without affecting the flavor or any other property of the food. The food thickener absorbs the fluid from the beverage making it thick. In the food & beverage industry, food thickeners are widely used to increase the viscosity of food products and the beverages which include sauces and puddings in combination with various ingredients.
Global Food Thickeners Market: Key Players
The research study includes profiles of leading companies operating in the global Food Thickeners market. Key players profiled in the report include: Cargill, Ingredion, CP Kelco, Darling Ingredients, Archer Daniels Midland, DowDuPont, Tate and Lyle, Fooding Group Limited, Ashland, and Jungbunzlauer.
These players have a strong geographical presence with large production plants, high investment capacities, and a well-established supply chain.
Drivers for the Global Food Thickeners Market:
Increasing population across the globe has enhanced the requirement of convenience foods which drives the market of food thickeners. Further, consumer now-a-days prefer healthier lifestyles which propel rise in awareness of healthy diet. Thus it boosts food thickeners market. Additionally, rise in disposable income, and the advantages & various functions associated with the use of food thickeners drive the global food thickeners market.
Opportunities for the Global Food Thickeners Market:
Rising awareness regarding advantages and functionalities of food thickeners in diet food can create huge opportunities in coming years. Additionally, manufacturers are continuously making effort in order to make product innovation so that they can enlarge the portfolio of their product which will propel the market of food thickeners.
Restrains for the Global Food Thickeners Market:
However, high cost involved in the research and development activities of food thickeners can hinder the growth of market. In addition to this, rigorous regulations regarding permitted levels of thickener in dietary products can hamper the growth of food thickeners market.
Region Wise, Global Food Thickeners Market Analysis:
North America followed by Europe shows significant market share in food thickeners market owing to high consumption of hydrocolloids, starch, protein, and starch derivatives. Thus, it drives the food thickeners market in these regions. Asia Pacific region is anticipated to grow at high CAGR in coming years due to growing volume consumption in several varieties of the food thickeners as well as increasing requirement for food thickeners. Additional factors responsible for the growth of market in this region involves: rising population, increase in disposable income and awareness of healthy lifestyle.
Covid-19: Impact and Recovery Analysis for Global Food Thickeners Market:
The world is greatly affected by the uncertain raise of the covid-19 Pandemic among the population. The Corona virus outbreak has disrupted & disturbed every sector of business as well as human activity. In most parts of the world there has been a complete restriction set by governments regarding various activities and in turn this is greatly affecting the financial stability of industries. With Covid-19 infections raising globally, the apprehension regarding a shortage of essential life-saving devices and other essential supplies in order to prevent the spread of this pandemic and provide optimum care to the infected also widen. However, demand across the organic and healthy food sector has registered a growth that finds end applications in healthcare and food.
Global Food Thickeners Market: Product analysis
Global Food Thickeners Market: Applications analysis
- Convenience & processed foods
Global Food Thickeners Market: Region analysis
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of L.A.
- Middle East and Africa
- South Africa
- Rest of Middle East