Beverages segment to be the most most lucrative in the Food Thickeners Market by 2023

Global Food Thickeners Market was valued at $10,520 million in 2016, and is expected to reach $15,150 million by 2023, registering a CAGR of 5.2% from 2017 to 2023. Food thickeners or thickening agents are substances added to a mixture or foodstuff to increase its viscosity without substantially altering its other properties. It also improves the suspension of other ingredients and increases the stability of the product. In the food industry, thickeners are used to enhance numerous basic properties of food products such as viscosity, texture, density, stability, and flavor.

Increase in demand for convenience food, rise in disposable income, and the advantages & various functions associated with the use of food thickeners drive the global food thickeners market. Further, rise in health consciousness among consumers is expected to present a substantial growth opportunity to the global industry players. However, fluctuation in prices of food thickeners and high R&D cost associated with their production may restrain the growth.

Get Sample Report: https://www.alliedmarketresearch.com/request-sample/4043?utm_source=openpr

The report emphasizes on the major types of food thickeners such as starch, protein, and hydrocolloid. Based on source, the market is classified into plant, animal, and microbial. Based on application, it is divided into bakery; confectionery; sauces, dressings, marinades, & gravies; beverages; dairy & frozen desserts; and convenience & processed food. Based on region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA. In addition, it highlights factors that impact the growth of the global market, such as key drivers, restraints, growth opportunities, and the role of different key players. It presents the quantitative data, in terms of both value and volume, which are obtained from the secondary sources, such as company publications, Factiva, Hoovers, OneSource, and others.

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 foodstuffs and can replace high fat oils and creams in numerous recipes. These are used in a wide range of application to improve texture, food structure, mouth feel, and shelf-life.

For Purchase Inquiry: https://www.alliedmarketresearch.com/purchase-enquiry/4043?utm_source=openpr

Rise in demand for convenience & processed food and consumer inclination towards 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 surging R&D costs associated with the production of food thickeners may impede the market growth.

In 2016, 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 2016, 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 products shelf life. In 2016, plant-based sources of food thickeners was the leading segment as these thickeners are commercially important and employed in a wide range of applications.

About Us:-

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact Us:-

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com

This release was published on openPR.