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Food Thickeners Market Bakery Global Forecast to 2022 studies Confectionery, Sauces, Marinades & Gravies, Beverages, Dairy, and Convenience Foods

Press Release   •   Feb 21, 2017 06:01 EST

The report "Food Thickeners Market by Type (Hydrocolloids, Protein, Starch), Source (Plant, Animal, Microbial), Application (Bakery, Confectionery, Sauces, Marinades & Gravies, Beverages, Dairy, Convenience Foods), and Region - Global Forecast to 2022" projects the growth of +5% CAGR the forecast is from 2016 to 2022

The report analyzes the food thickeners market across different applications verticals and regions. It aims at estimating the market size and future growth potential of this market across different segments such as type, source, application, and region. Furthermore, the report also includes an in-depth competitive analysis of the key players in the market along with their company profiles, recent developments, and key market strategies.

The report will help the market leaders/new entrants in this market by providing them the closest approximations of the revenue numbers for the overall food thickeners market and the subsegments. This report will help stakeholders to better understand the competitor landscape and gain more insights to better position their businesses and make suitable go-to-market strategies. The report will also help the stakeholders to understand the market and provide them information on key market drivers, restraints, challenges, and opportunities.

Browse 91 market data tables and 48 figures spread through 171 pages and in-depth TOC on“Food Thickeners Market by Type (Hydrocolloids, Protein, Starch), Source (Plant, Animal, Microbial), Application (Bakery, Confectionery, Sauces, Marinades & Gravies, Beverages, Dairy, Convenience Foods), and Region - Global Forecast to 2022" http://www.rnrmarketresearch.com/food-thickeners-market-by-type-hydrocolloids-protein-starch-source-plant-animal-microbial-application-bakery-confectionery-sauces-marinades-gravies-beverages-dairy-convenience-foods-and-region-st-to-2022-market-report.html

The food thickeners market is projected to reach 15.80 billion by 2022 at a CAGR of +5% from 2016 to 2022.The market is driven by factors such as growth in demand for convenience foods, consumer awareness toward healthy diet, and multiple functionalities and advantages associated with the use of food thickeners. High R&D costs associated with the development and manufacturing of food thickeners, and fluctuations in raw material prices of hydrocolloids are the major restraints for this market.

Based on type, the market for starch was the largest in 2015 and is also projected to be the fastest-growing. Factors that are largely driving the consumption of starch as food thickeners are their easy availability and abundant supply across regions, optimum functionality, and relatively lower price in comparison to other food thickeners. They are also preferred because they do not negatively impact the organoleptic properties of food.

The market for plant-sourced food thickeners in the food thickeners market is projected to be the fastest-growing from 2016 to 2022. The high demand for plant-sourced food thickeners is mainly due to the four factors—cost effectiveness of plant source, abundant supply & ready availability with a large number of suppliers, nutritional value at par with other sources, and greater level of acceptance by both, vegan and non-vegan populations.

The food thickeners market, by application, was dominated by the dairy & frozen desserts segment in 2015. This is due to the wide usage of food thickeners such as hydrocolloids, starch, and proteins, for thickening as well as for other functional purposes such as flavor and texture enhancement in products.

The food thickeners market in the Asia-Pacific region is driven by the growing volume consumption of various types of food thickeners, as food & beverage manufacturers focus on product innovation, health aspects, and improving functional characteristics such as texture, flavor, and other organoleptic properties of their products.

North America was the largest food thickeners market in 2015. The dominant share of the North American region is attributed to its high consumption of hydrocolloids, proteins, and starch & starch derivatives in a diverse range of food & beverage applications. Asia-Pacific is projected to be the fastest-growing region during the forecast period. This is attributed to the growing volume consumption of various types of food thickeners in Asia-Pacific, as food & beverage manufacturers focus on product innovation, health aspects, and improving the functional characteristics such as texture, flavor, and other organoleptic properties of their products.

For sample copy of this report: http://www.rnrmarketresearch.com/contacts/request-sample?rname=865856

This report includes a study of marketing and development strategies, along with the product portfolios of leading companies. It includes the profiles of leading companies such as Cargill (U.S.), Archer Daniels Midland Company (U.S.), E. I. du Pont de Nemours and Company (U.S.), Ingredion Incorporated (U.S.), and Kerry Group Plc (Ireland). Other players that are active in the industry are Darling Ingredients (U.S.), Tate & Lyle PLC (U.K.), Ashland Specialty Ingredients (U.S.), CP Kelco (U.S.), TIC Gums (U.S.), and Fuerst Day Lawson (U.K.).

The report will help the market leaders/new entrants in this market by providing them the closest approximations of the revenue numbers for the overall food thickeners market and the subsegments. This report will help stakeholders to better understand the competitor landscape and gain more insights to better position their businesses and make suitable go-to-market strategies. The report will also help the stakeholders to understand the market and provide them information on key market drivers, restraints, challenges, and opportunities.