Food Thickening Agents Market – Opportunities & Forecast, 2020-2027


Posted September 14, 2020 by shaqibakram

The primary factor contributing to the growth of the Global Food Thickening Agents Market includes the extensive usage of thickening agents in the food & beverage sector......

 
Food Thickening Agents is a thickening agent mainly used to increase viscosity level of the liquids without changing the properties of the food. Food Thickening Agents are often used to thicken different products such as soups, sauces, puddings, dairy products, and fruit beverages. The thickening agent absorbs the fluid and instantly adds a creamy and flavorful texture to the food product. It also improves the suspension of the ingredients, which increases the stability of the product. The food thickeners are based on polysaccharides (starches, vegetable gums, and pectin), or proteins. The flavorless powdered starches includes corn starch, wheat flour, almond flour, and other starch derivates, and the protein includes collagen, egg whites, and gelatin.

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The primary factor contributing to the growth of the Global Food Thickening Agents Market includes the extensive usage of thickening agents in the food & beverage sector, including bakery products, dressings, dairy & frozen desserts, confectionery products, and processed food. The growing consumer awareness regarding the remarkable benefits offered by thickeners such as absorption of nutrients, highly cost-effective, and compatibility with other ingredients, followed by the easy availability of food thickeners across different distribution channels, will attract a large number of consumers towards the adoption of food thickeners at the global level. Various multinational organizations are focusing on the development of the advanced extraction process of food thickeners from new natural sources to capture the growing demand of the end-users. The continuous product innovation will create new opportunities in the market, thereby drastically increasing the demand for the Global Food Thickening Agents Market over the coming years. Moreover, the increasing demand for food products with good taste and mouthfeel is encouraging food processing companies to develop innovative food products with improved taste and quality. The rising occurrence of dysphagia, a disease related to difficulty in swallowing food, among the older people is promoting the usage of food thickening agents to ease the process of swallowing. For Instance, Nestle Health launched an innovative food thickening agent, specially designed for dysphagia patients. This agent thickens the food without affecting the taste and odor of the food product. On the other hand, the stringent regulation from several regulatory bodies such as Food and Drugs Organization (FDA), the European Commission (EU), the European Food Safety Authority (EFSA), Health Canada, and Food Standards Australia New Zealand (FSANZ) for the restricted usage of thickeners will hamper the grow of the market over the coming years.

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Various notable players operating in the market include Cargill, Inc., Ingredion Inc., Archer Daniels Midland Company, DowDuPont Inc., Ashland Inc., Tate & Lyle PLC, CP Kelco, Kerry Group PLC, Nestlé Health Science S.A., Darling Ingredients, Inc., Naturex S.A., Acuro Organics Limited, Koninklijke DSM N.V., W Hydrocolloids, Inc., AkzoNobel N.V. among others.

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The Global Food Thickening Agents market has been segmented based on Source, Application, and key regions. Based on Source, the market is segmented Plant, Seaweed, Microbial, Animal (Gelatin), and Synthetic. Based on the Application, the market is segmented Bakery & Confectionery, Meat & Poultry, Sauces & Dressings, Beverages, Dairy Products and Others.

Key questions answered in this research report:

At what pace is the Global Food Thickening Agents market growing? What will be the growth trend in the future?
What are the key drivers and restraints in the current market? What will be the impact of drivers and restraints in the future?
What are the regional revenue and forecast breakdowns? Which are the major regional revenue pockets for growth in the Global Food Thickening Agents market?
What are the various application areas of Global Food Thickening Agents market and how they are poised to grow?
What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

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Last Updated September 14, 2020