Business News
Food Thickeners Market Size is Predicted to Attain $22,336.8 Million by 2031
WILMINGTON, DELAWARE, USA, September 1, 2024 /EINPresswire.com/ — According to a new report published by Allied Market Research, titled, âFood Thickeners Market by Type, Source, and Application: Global Opportunity Analysis and Industry Forecast, 2022â2031,â In 2021, the starch segment accounted for more than two-thirds of food thickeners market share.
The global food thickeners market was valued at $13,085.2 million in 2021, and is estimated to reach $22,336.8 million by 2031, registering a CAGR of 5.6% from 2022 to 2031. Food thickeners are used in the food industry to enhance several basic properties of food products such as viscosity, texture, stability, taste, and flavor. Moreover, these substances enhance the appearance of food stuffs and can replace high fat oils &creams in numerous recipes. These are used in a wide range of application to improve texture, food structure, mouth feel, and shelf-life.
Request Sample PDF Of This Report: https://www.alliedmarketresearch.com/request-sample/4043
Archer Daniels Midland Company, Cargill, Inc., E. I. DuPont de Nemours and Company, Ingredion Incorporated, Kerry Group Plc., CP Kelco, Darling Ingredients, Tate & Lyle PLC., Ashland Specialty Ingredients, and TIC Gums and others are some of the key players in the food thickeners industry.
Rise in demand for convenience & processed food and consumer inclination toward dietary meals favor the market growth. Further, rise in health consciousness among individuals is expected to deliver a substantial growth opportunity to the global industry players. However, variation in prices and surge in R&D costs associated with the production of food thickeners are projected to impede the food thickeners market growth. In 2021, starch was the leading thickener type segment, as it is the most common food thickener used for soup, sauces, stew, and gravies. It is the most common carbohydrate in human diet and is present in large amount in staple foods such as wheat, potatoes, rice, maize, and cassava.
Starch when dissolved in warm water forms a wheat-paste that can be used as a thickening, stiffening, or gluing agent. In 2021, dairy & frozen desserts segment was the leading segment, and it is anticipated to continue to lead during the forecast period. In frozen food, thickeners produce light foam and add texture to dishes. Functional proteins, starch, and hydrocolloid help to achieve right consistency in drinks & desserts and improve the productâs shelf life. In 2021, plant-based sources of food thickeners were the leading segment as these thickeners were commercially important and employed in a wide range of applications. Thus, the food thickeners market demand is growing among the food manufacturers especially in developing nations such as India, Indonesia, and others.
Buy This Report (263 Pages PDF with Insights, Charts, Tables, and Figures): https://www.alliedmarketresearch.com/checkout-final/dc672edf45e57e054d8ae694ce86676f
The food thickeners market is segmented on the basis of type, source, application, and region. By type, it is divided into starch, protein, and hydrocolloid. By source, it is classified into plant, animals, and microbial. On the basis of application, it is categorized as bakery, confectionery, sauces, dressings, marinades & gravies, beverages, dairy & frozen desserts, and convenience & processed foods. By region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Request For Customization: https://www.alliedmarketresearch.com/request-for-customization/4043
Key Findings of the Study
By type, the food thickeners market size of starch segment remained the dominant segment in the year 2020, and is expected to maintain the market share in the coming years.
By source, plant segment account for nearly 60% of the revenue, followed by animal and microbial.
By application, dairy and frozen dairy category is the major category in terms of value; however, beverage is expected to be the fastest growing segment during the forecast period.
Food thickeners market analysis by region indicates that Europe led in terms of the global food thickeners market share in 2021, and is expected to retain its dominance during the food thickeners market forecast period.
David Correa
Allied Market Research
+1 800-792-5285
email us here
Visit us on social media:
Facebook
X
Legal Disclaimer:
EIN Presswire provides this news content “as is” without warranty of any kind. We do not accept any responsibility or liability
for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this
article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
WILMINGTON, DELAWARE, USA, September 1, 2024 /EINPresswire.com/ — According to a new report published by Allied Market Research, titled, âFood Thickeners Market by Type, Source, and Application: Global Opportunity Analysis and Industry Forecast, 2022â2031,â In 2021, the starch segment accounted for more than two-thirds of food thickeners market share.
The global food thickeners market was valued at $13,085.2 million in 2021, and is estimated to reach $22,336.8 million by 2031, registering a CAGR of 5.6% from 2022 to 2031. Food thickeners are used in the food industry to enhance several basic properties of food products such as viscosity, texture, stability, taste, and flavor. Moreover, these substances enhance the appearance of food stuffs and can replace high fat oils &creams in numerous recipes. These are used in a wide range of application to improve texture, food structure, mouth feel, and shelf-life.
Request Sample PDF Of This Report: https://www.alliedmarketresearch.com/request-sample/4043
Archer Daniels Midland Company, Cargill, Inc., E. I. DuPont de Nemours and Company, Ingredion Incorporated, Kerry Group Plc., CP Kelco, Darling Ingredients, Tate & Lyle PLC., Ashland Specialty Ingredients, and TIC Gums and others are some of the key players in the food thickeners industry.
Rise in demand for convenience & processed food and consumer inclination toward dietary meals favor the market growth. Further, rise in health consciousness among individuals is expected to deliver a substantial growth opportunity to the global industry players. However, variation in prices and surge in R&D costs associated with the production of food thickeners are projected to impede the food thickeners market growth. In 2021, starch was the leading thickener type segment, as it is the most common food thickener used for soup, sauces, stew, and gravies. It is the most common carbohydrate in human diet and is present in large amount in staple foods such as wheat, potatoes, rice, maize, and cassava.
Starch when dissolved in warm water forms a wheat-paste that can be used as a thickening, stiffening, or gluing agent. In 2021, dairy & frozen desserts segment was the leading segment, and it is anticipated to continue to lead during the forecast period. In frozen food, thickeners produce light foam and add texture to dishes. Functional proteins, starch, and hydrocolloid help to achieve right consistency in drinks & desserts and improve the productâs shelf life. In 2021, plant-based sources of food thickeners were the leading segment as these thickeners were commercially important and employed in a wide range of applications. Thus, the food thickeners market demand is growing among the food manufacturers especially in developing nations such as India, Indonesia, and others.
Buy This Report (263 Pages PDF with Insights, Charts, Tables, and Figures): https://www.alliedmarketresearch.com/checkout-final/dc672edf45e57e054d8ae694ce86676f
The food thickeners market is segmented on the basis of type, source, application, and region. By type, it is divided into starch, protein, and hydrocolloid. By source, it is classified into plant, animals, and microbial. On the basis of application, it is categorized as bakery, confectionery, sauces, dressings, marinades & gravies, beverages, dairy & frozen desserts, and convenience & processed foods. By region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Request For Customization: https://www.alliedmarketresearch.com/request-for-customization/4043
Key Findings of the Study
By type, the food thickeners market size of starch segment remained the dominant segment in the year 2020, and is expected to maintain the market share in the coming years.
By source, plant segment account for nearly 60% of the revenue, followed by animal and microbial.
By application, dairy and frozen dairy category is the major category in terms of value; however, beverage is expected to be the fastest growing segment during the forecast period.
Food thickeners market analysis by region indicates that Europe led in terms of the global food thickeners market share in 2021, and is expected to retain its dominance during the food thickeners market forecast period.
David Correa
Allied Market Research
+1 800-792-5285
email us here
Visit us on social media:
Facebook
X
Legal Disclaimer:
EIN Presswire provides this news content “as is” without warranty of any kind. We do not accept any responsibility or liability
for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this
article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
Discover more from URBT News
Subscribe to get the latest posts sent to your email.
Judy Rodriguez
September 4, 2024 at 8:48 pm
In conclusion, the food thickeners market is poised for significant growth, projected to reach $22,336.8 million by 2031, driven by a rising demand for convenience and processed foods, as well as a growing consumer focus on health-conscious dietary choices. With starch leading the segment due to its widespread use across various food applications, and plant-based sources dominating revenue generation, the market is set to evolve in response to consumer preferences. Key players such as Archer Daniels Midland Company, Cargill, and Ingredion Incorporated are positioned to capitalize on these trends, despite challenges such as fluctuating prices and increasing R&D costs. Overall, the outlook for the food thickeners market remains promising, particularly in emerging markets where demand is steadily increasing.
Martha Hughes
September 5, 2024 at 2:38 am
In conclusion, the food thickeners market is poised for significant growth, projected to reach $22,336.8 million by 2031, driven by rising demand for convenience and processed foods, alongside growing health consciousness among consumers. Starch remains the dominant segment within this market, reflecting its importance in improving texture and consistency across various food applications. The market’s expansion is supported by key industry players and an increasing preference for plant-based thickeners, particularly in emerging economies. Despite challenges such as price fluctuations and rising R&D costs, the positive outlook for food thickeners suggests ample opportunities for innovation and product development in the coming years.
Carol Bailey
September 6, 2024 at 7:10 am
The food thickeners market is poised for significant growth, projected to reach $22,336.8 million by 2031, driven by rising consumer demand for convenience and dietary food options. With starch maintaining its dominant position due to its widespread applications in various food items, and an increasing preference for plant-based thickeners, the market demonstrates robust potential across diverse segments. Although challenges such as fluctuating raw material costs and R&D expenses may pose some constraints, the overall outlook remains optimistic, particularly in developing regions where health-conscious trends continue to gain traction. Key industry players are positioned to leverage these trends, ensuring that food thickeners remain integral to enhancing texture, stability, and overall food quality.
emily bailey
September 6, 2024 at 10:06 am
The food thickeners market is poised for significant growth, expected to reach $22,336.8 million by 2031, driven by rising demand for convenient and processed foods as well as a growing interest in healthier dietary options. The dominant role of starch as a preferred thickener, combined with emerging opportunities in plant-based sources and functional proteins, supports this upward trend. Key market players, including industry giants like Archer Daniels Midland Company and Cargill, are well-positioned to capitalize on these developments. Nevertheless, challenges such as fluctuating prices and rising R&D costs may impact long-term growth. Overall, the food thickeners market presents a promising landscape for innovation and investment in the coming years.
Joyce Hughes
September 8, 2024 at 8:12 am
In conclusion, the food thickeners market is poised for significant growth, projected to reach $22,336.8 million by 2031, driven by increasing consumer demand for convenience foods and health-conscious dietary options. The dominance of the starch segment, along with the rise of plant-based thickeners, underscores a shift toward healthier, more versatile food ingredients. While challenges such as price fluctuations and high R&D costs remain, key players in the industry are well-positioned to capitalize on emerging opportunities, particularly in developing markets. As food manufacturers seek to enhance product quality and shelf life, the importance of food thickeners in the global food industry is set to expand, making it a critical area of focus for innovation and investment.
Evan Walker
September 8, 2024 at 9:11 pm
In conclusion, the food thickeners market is poised for significant growth, with projections indicating it will reach $22,336.8 million by 2031, driven by rising consumer demand for convenience and health-focused food options. Starch continues to dominate the market due to its widespread application in various food products, while plant-based sources are gaining traction among manufacturers. The forecast highlights key opportunities, particularly in the dairy and frozen desserts segment, as well as in emerging markets. Despite challenges such as fluctuating prices and R&D costs, the overall outlook remains positive, affirming the essential role of food thickeners in enhancing food quality and consumer satisfaction across the global food industry.