“According to Stratistics MRC, the Global Food Thickeners Market is accounted for $10.78 billion in 2016 and is expected to reach $15.80 billion by 2022 growing at a CAGR of 6.5% during the forecast period”. Growth in the demand for convenience foods & processed foods and changing in dietary meals are some of the key factors favouring the market growth. However, costly R&D process is hampering the market. New product innovation provides ample of opportunities for the market growth.
Starch segment commanded the largest market share and is also projected to grow at highest CAGR attributed to easy availability and low cost of startch in comparison to other food thickeners. Asia Pacific is anticipated to grow at the fastest CAGR due to increasing volume consumption of several types of food thickeners.
Some of the key players in Food Thickeners market include E. I. Du Pont De Nemours and Company, Tate & Lyle PLC, Archer Daniels Midland Company, Darling Ingredients Inc., Ingredion Incorporated, CP Kelco, TIC Gums, Inc., Ashland Specialty Ingredients, Fuerst Day Lawson Ltd.,Kerry Group PLC and Cargill, Inc.
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• Sauces, dressings, marinades, and gravies
• Dairy & Frozen Deserts
• Convenience & Processed Foods
o Guar Gum
o Carboxymethyl Cellulose (CMC)
o Xanthan Gum
o Other Hydrocolloids
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o Rest of Asia Pacific
• Rest of the World
o Middle East
o South Africa
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 6 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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