Food Thickener Market Report Analysis And Market Insights For Highly Profitable Investment Decision : Industry Outlook By 2026

The food thickeners market research report incorporates a comprehensive conjecture of the worldwide food thickeners market between the forecasted time of 2019 and 2026. The report is a believable go-to stop for some officials in the Food & beverage industry. Two of the most broadly utilized strategies to be specific SWOT analysis and Porter’s Five Forces Analysis have been connected in the entire report while setting it up. This report is an extraordinary asset that makes accessible current as well as upcoming specialized and money related subtleties of the food thickeners market for a specific figure period. To confer a preeminent quality to this report, unswerving endeavors of eager, dynamic and skilled researchers and examiners have been used.

Global food thickeners market is expected to rise to an estimated value of USD 21.21 billion by 2026, registering a substantial CAGR in the forecast period of 2019-2026. This rise in market value can be attributed to the rising levels of disposable income of individuals resulting in adoption of nutritious convenience foods utilizing organic raw materials.

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Market Definition: Global Food Thickeners Market

Food thickeners are food modifying agents that are used for the modification of texture, structure of food & beverages. They are used to increase the thickness of food & beverages, helping absorb the water content in the edibles once they are integrated in the products. These products are majorly utilized for the modification of viscosity of these products giving them a consistent overall structure.

Market Drivers:

Increasing levels of preference for convenience foods is expected to drive the growth of the market
Changes in lifestyle of the consumers resulting in increased focus on their diet; this factor is expected to drive the growth of the market
Benefits associated with the product offering more than just thickening capabilities at low costs is expected to drive the growth of the market
Market Restraints:

Requirement of large capital investments for the innovations and further development of the products is expected to restrain the growth of the market
Dependency on raw materials whose prices are vulnerable and fluctuating resulting in high costs of the products; this factor is expected to restrain the growth of the market
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Segmentation: Global Food Thickeners Market

By Product

Starch
Potato
Corn
Protein
Collagen
Gelatin
Egg Whites
Hydrocolloids
Xantham
Guar Gum
Carragennan5
Gelatin Gum
Alginate
Agar Agar
Pectin
Carboxymethyl Cellulose (CMC)
Others
By Source

Microbial
Plant
Animal
By Form
Gel
Powder
By Application

Bakery
Beverages
Confectionery
Dairy & Frozen Desserts
Sauces, Dressings, Marinades & Gravies
Meats
Convenience & Processed Foods
Others
By Geography

North America
US
Canada
Mexico
South America
Brazil
Argentina
Rest of South America
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Turkey
Belgium
Netherlands
Switzerland
Rest of Europe
Asia-Pacific
Japan
China
South Korea
India
Australia
Singapore
Malaysia
Indonesia
Thailand
Philippines
Rest of Asia-Pacific
Middle East and Africa
South Africa
Egypt
Saudi Arabia
United Arab Emirates
Israel
Rest of Middle East and Africa
Key Developments in the Market:

In April 2019, CP Kelco U.S. Inc. announced that they are looking to introduce a new product portfolio, termed as “NUTRAVA Citrus Fiber”, which focuses on the natural clean-label products demand from the consumers. The product will act as a thickening agent, stabilizer, and offers gelling & water-binding features for beverages, dairy products, bakery, meats, sauces, gravies, soups and others.
In September 2017, NIPPON PAPER INDUSTRIES CO., LTD. announced the launch of their cellulose nanofiber manufacturing plant at their Gotsu, Japan mill. The new facility will be focusing on developing cellulose nanofiber for food & cosmetics application and the company is hoping to build an enhanced network of supply chain providing the product to a number of end-users.
In April 2017, Nestlé Health Science and Chinese Stroke Association announced the establishment of a collaboration which will be focused on the diagnosis and management of “dysphagia” for patients suffering from strokes. Nestlé Health Science will provide their “Thicken Up” product which is a thickening agent that allows modification of food & beverages’ textures resulting in better swallowing capabilities in patients.
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Competitive Analysis: Global Food Thickeners Market

Global food thickeners market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of food thickeners market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Key Market Competitors: Global Food Thickeners Market

Few of the major competitors currently working in the global food thickeners market are TIC Gums, Inc.; Ashland; Cargill, Incorporated; Tate & Lyle; CP Kelco U.S. Inc.; Darling Ingredients Inc.; Archer Daniels Midland Company; Fuerst Day Lawson; DuPont; NIPPON PAPER INDUSTRIES CO., LTD.; Kerry Group; Ingredion Incorporated; Jungbunzlauer Suisse AG; NATUREX; Medline Industries, Inc.; Hormel Foods Corporation and Nestlé Health Science.

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