What's driving the Food Thickeners market trends? Cargill, Ingredion Incorporated, CP Kelco, Darling Ingredients, Archer Daniels Midland Company, DowDuPont, Tate & Lyle, Fooding Group Limited, Ashland, Jungbunzlauer, Edaesang
2. Ingredion Incorporated
3. CP Kelco
4. Darling Ingredients
5. Archer Daniels Midland Company
7. Tate & Lyle
8. Fooding Group Limited
U.S. food thickeners industry size is anticipated to observe gains of up to 5% in forecast timeframe. Rapid growth of restaurant sector due to changing consumer eating preferences is anticipated to drive regional growth. Thickening agents majorly used in curry preparation in order enhance flavors and ingredient binding which should drive industry growth.
Food thickeners industry size from dairy & frozen desserts application may exceed USD 1.9 billion by 2025. Rising demand for dairy & frozen desserts along with growth in consumer focus on daily health management and protein intake will boost market growth. Escalating utilization of thickening agent including hydrocolloids, starch and protein in milk, curd and whipped cream for maintaining flavor & consistency along with improving soluble fiber content in dairy based products, thus stimulating industry growth.
UK food thickeners market size from bakery & confectionery application may observe gains of 4% in anticipated timeframe. Rising demand for instant healthy & nutritious baked consumables due to growing number of hypermarkets, supermarkets and retail chains along with easy products availability should support market growth. They are majorly used in bakery products for consistent thickness and freshness, thus propelling food thickeners industry size.
Hydrocolloids food thickeners market size will witness substantial gains over 5% in forecast timeframe. They have condensation and stabilization properties due to which they are utilized in sauces, meat products, bakery and beverages. These factors should propel industry growth.
China food thickeners market size from food & nutrition application may observe gains up to 5% in projected timeframe. Rising demand for baby nutrition products in the region due to rising adoption of western culture is anticipated to stimulate industry growth. Thickening agents are predominantly used in baby dietary preparations to increase viscosity and prevent choking.
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Egg white based food thickeners market size may surpass USD 3 billion at the end of 2025 owing to its utilization for producing sauces, custard and curd due to their superior moisture holding ability. Rising demand for protein rich consumables including Greek yogurt and cottage cheese, which extensively utilizes thickeners is projected to boost industry size.
Food thickeners industry share is a slightly fragmented market with key market players includes, Cargill, ADM, Ingredion Incorporated, DowDuPont, Tate & Lyle PLC, Jungbunzlauer and Ashland Specialty Ingredients.
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