According to a research report published by Spherical Insights & Consulting, The Global Food Thickeners Market Size is Expected to Grow from USD 15.18 Billion in 2023 to USD 22.74 Billion by 2033, Growing at a CAGR of 4.12 % during the forecast period 2023-2033.

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Food thickeners are compounds that thicken liquids without substantially changing their flavor or other properties. Microorganisms, plants, and animals are some of the sources of food thickeners. Food thickeners are widely used in the food and beverage industry to thicken puddings, soups, and sauces without changing their flavor. Food thickeners alter the texture of food by absorbing its liquids and thickening it. One of the various drivers propelling the global market for food thickeners is the growing awareness of the need to lead a healthy lifestyle. owing to the many features and benefits they offer, the growing demand for convenience meals, individuals choosing better lifestyles, and increased awareness of healthy eating, the global market is experiencing a growth in demand. The benefits and variety of applications of food thickeners, as well as the growing demand for prepared foods and discretionary income, are also factors. In addition to rising consumer awareness of health issues, international businesses operating in the region should have substantial growth potential. However, natural ingredients such as starches and gums, which are used to make most food thickeners, are subject to weather and crop yields, among other factors.

Browse key industry insights spread across 200 pages with 110 Market data tables and figures & charts from the report on the Global Food Thickeners Market Size, Share, and COVID-19 Impact Analysis, By Type (Protein, Starch, Hydrocolloids & Others), By Source (Animal, Plant & Others), By Application (Bakery, Confectionery & Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033.

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The hydrocolloid segment is predicted to hold the largest market share through the forecast period.

Based on the type, the food thickeners market is divided into protein, starch, hydrocolloids, and others. Among these, the hydrocolloid segment is predicted to hold the largest market share through the forecast period. The several kinds of hydrocolloids that are used to thicken food include beta-glucan, xanthan gum, locust bean gum, guar gum, alginate, pectin, and carrageenan gum. Hydrocolloids’ ability to remain stable at low pH levels and their high fiber content increase their use in the food and beverage sector.

The plant segment is expected to hold the largest market share of the global food thickeners market during the forecast period. 

Based on the source, the food thickeners market is classified into animal, plant, and others. Among these, the plant segment is predicted to hold the largest market share of the global food thickeners market during the forecast period. Plant-based food thickeners such as pectin, rice flour, xanthan gum, corn starch, tapioca, and agar are commonly utilized. Plant-based products are widely used in a variety of industries, such as bakeries, confections, and ready-to-eat meals, due to their high efficacy and affordability.

The bakery segment is predicted to hold the largest market share of the global food thickeners market during the forecast period.

Based on the application, the food thickeners market is categorized into bakery, confectionery, and others. Among these, the bakery segment is predicted to hold the largest market share of the global food thickeners market during the forecast period. Rising disposable incomes and rapidly urbanizing lifestyles have altered food consumption patterns, contributing to an increase demand for the bakery segment throughout the course of the projection period.

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North America is estimated to hold the largest share of the food thickeners market over the forecast period.

North America is estimated to hold the largest share of the food thickeners market over the forecast period. The highly developed food and beverage industries in the United States and Canada are the main drivers of the North American market. The market also gains from the existence of numerous international food manufacturing and processing firms, which raises consumer demand for the product. The demand for goods such as pastries, muffins, and cupcakes has been rising throughout North America in recent years. By using various thickeners, companies in the bread and confectionery sectors are introducing innovation into their goods.

Europe is predicted to hold the fastest share of the food thickeners market over the forecast period. European manufacturers of food thickeners export products with additional value, such as mixes of thickeners and flavorings. In Eastern Europe, producers are expanding their operations steadily, whereas exporters are primarily situated in Western Europe. In addition to growing consumer demand, the bakery and confectionery industries are thriving.

Major key players in the food thickeners market include Cargill, Inc., Archer Daniels Midland Company, DuPont De Nemours, Inc., Tate & Lyle PLC, CP Kelco, Kerry Inc., Ingredion Incorporated, Ashland, TIC Gums, Inc., FDL Limited, Naturex S.A., Medline Industries, Inc., Darling Ingredients Inc., and Others.

Recent Developments

• In February 2024, the clean-label tapioca starch from Ingredion was made available for use in baked items, soups, and sauces. Consumer demand for natural, allergy-free, and non-GMO thickeners is being satisfied by this new product.

 Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the food thickeners market based on the below-mentioned segments:

 Global Food Thickeners Market, By Type

• Protein
• Starch
• Hydrocolloids
• Others

Global Food Thickeners Market, By Source

• Animal
• Plant
• Others

Global Food Thickeners Market, By Application

• Bakery
• Confectionery
• Others

Global Food Thickeners Market, By Regional Analysis

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa

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About the Spherical Insights & Consulting

Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.

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