The goal of the most recent market intelligence research, named “Global Food Thickeners Market,” is to give the target audience the knowledge they need to make informed decisions. The study includes a thorough analysis of the key drivers, obstacles, opportunities, restrictions, threats, and micro- and macroeconomic factors that affect the Food Thickeners Market. The current market environment and the underlying development possibilities are thoroughly examined in the research.
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The global food thickeners market size reached USD 13.61 Billion in 2020 and is expected to register a revenue CAGR of 5.6%, during the forecast period. Some of the major factors driving global food thickeners market revenue growth are increasing changes in food preference among consumers and rising demand for agar thickening agents in bakeries. Increasing demand for plant-based thickeners is also expected to boost revenue growth of the market going ahead.
Demand for convenience food is rising as customer preferences continue to shift. Increasingly busy lifestyle, rapidly growing retail business, increasing development of new products, increasing demand for ready-to-eat food products, are driving demand for packaged foodstuffs. In addition, as the global population grows, food consumption is also increasing, which has a favorable impact on food production. Market growth is being fueled by a rise in global export and import trade activities associated with packaged foods with the objective of enhancing and maintaining the quality of food and hygiene.
The report studies the impact of the COVID-19 pandemic on the Food Thickeners market and its crucial segments. The supply chain disruptions and economic instability have negatively impacted the growth of the market in several key regions. The report offers an in-depth analysis of the market size, market share, and market growth and its estimation through the forecast years on the basis of the COVID-19 crisis. The report examines the recent COVID-19 crisis and its impact on the global market. The report explores the present and future impact of the pandemic and provides an insight into the post-pandemic market scenario.
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Segments Covered in this report are:
-
Type Outlook (Revenue, USD Billion; 2018–2028)
- Starch
- Protein
- Hydrocolloids
- Agar
- Gelatin
- Pectin
- Xanthan Gum
- Others
-
Source Outlook (Revenue, USD Billion; 2018–2028)
- Microbial
- Animal
- Plant
-
Application Outlook (Revenue, USD Billion; 2018–2028)
- Confectionery
- Bakery
- Beverages
- Sauces
- Convenience & Processed Food
- Dairy & Frozen Desserts
- Others
Competitive Outlook:
The global Food Thickeners market is highly consolidated due to the presence of a large number of companies across this industry. These companies are known to make hefty investments in research and development projects. Also, they control a considerable portion of the overall market share, thus limiting the entry of new players into the sector. The global Food Thickeners market report studies the prudent tactics undertaken by the leading market players, such as partnerships and collaborations, mergers acquisitions, new product launches, and joint ventures.
Key Companies Profiled in the Report are:
Archer Daniels Midland Company, Cargill Inc., DuPont de Nemours, Inc., Kerry Group plc, Tate & Lyle PLC, Medline Industries, Inc., TIC Gums, Inc., CP Kelco U.S., Inc., Fuerst Day Lawson Limited, and Ingredion Incorporated
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The report aims to provide a complete analysis of the global Food Thickeners market with important details about the key market players from insightful primary and secondary research data. The report also aims to benefit the user by providing constructive data to gain insight into market growth, size, and investment approaches. Additionally, the report provides an extensive analysis of the Food Thickeners market, including key data, such as factors influencing the growth of the market, buyers and vendors, production and consumption, and revenue.
Key regions in the market include:
North America
U.S.
Canada
Europe
U.K.
Italy
Germany
France
Rest of EU
Asia Pacific
India
Japan
China
South Korea
Australia
Rest of APAC
Latin America
Chile
Brazil
Argentina
Rest of Latin America
Middle East & Africa
Saudi Arabia
U.A.E.
South Africa
Rest of MEA
Highlights of Table of Contents (TOC):
Overview of Global Food Thickeners Market
Competitive analysis of the Food Thickeners market
Regional analysis of Global Food Thickeners market production and revenue
Regional analysis of Global Food Thickeners market supply, consumption, and export & import
Type-based market analysis of global Food Thickeners production, revenue, and price trends
Application-based analysis of the global Food Thickeners market
Manufacturer profiles, manufacturing cost, and upstream and downstream analysis of global Food Thickeners market
Global Food Thickeners market forecast (2021-2028)
Conclusion of the research report
Appendix
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