Press release
Thickening Agents Market 2021 – Industry Demand, Growth Opportunities, Future Trends, Key Players To 2027
Precision Business Insights published a research report on "Thickening Agents Market: By Source (Plant, Seaweed, Microbial, Animal, and Synthetic), By Application (Bakery & Confectionery, Meat & Poultry, Sauces & Dressings, Beverages, Dairy Products, and Others) - Global/Region/Country Forecast to 2027".Thickeners, often known as thickening agents, are compounds that raise the viscosity of a fluid without affecting any of its other qualities. In the food and beverage business, thickening agents are being used to raise the viscosity of foods and beverages like savory dishes without changing their taste. In food products such as sweets, jams, and candies, thickening ingredients are also utilized as gelling agents. Thickening chemicals are also used in inks, watercolors, lotions, and other personal hygiene goods as additives. Thickening agents operate as an emulsion stabilizer in cosmetics and personal care items. In paints and dyes, thickening agents minimize settling and clustering. Minerals thickening agents and hydrogels thickening agents are two types of thickeners. Thickening additives such as silica, bentonite, cellulose, and starch are widely employed.
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Major companies' increased R&D activities for making innovative food products without reducing quality and taste, as well as increasing demands for thickening agents from the dairy sector, are driving the worldwide thickening agents’ market. Requirement from the baking and confectionery sectors, as well as the beverage industry, is likely to drive the worldwide thickening agents’ market forward. Over the projected timeframe, technological improvements by leading players in the production of cost-effective thickening agent methods are likely to provide new sources of revenue for participants in the worldwide food thickening agents market. Furthermore, the high R&D costs associated with food thickening agents are a prominent factor that is projected to limit the worldwide food thickening agent market's growth. Furthermore, the global food thickening agent market is expected to be hampered by severe regulatory regulations pertaining to chemical food additives.
The global Thickening Agents Market is fragmented on the basis of application and types. On the basis of Types, the market is segregated into Hydrocolloids , Minerals, and Others. In terms of Application, the market is classified into Paper and Paperboard, Food and Beverages, Textile and Fibers, Paints and Coatings, and Others.
The rapid growing market for thickening agents is Asia Pacific. Thickening agents, on the other hand, are in high demand in North America and Europe. The major end-users of thickening agents are food and beverage manufacturers in Europe And North America. Due to the obvious substantial manufacturing of cosmetics and paints in Europe, thickening agents are in high demand. Due to trade linearization and decreased manufacturing costs, thickening agent manufacturing has expanded dramatically in Asia Pacific and growing economies in Latin America. The need for thickening agents is predicted to increase in Asia Pacific owing to the region's growing food and beverage, as well as paints and coatings sectors. As a result, major companies in the thickening agent industry are heavily investing in emerging economies in order to increase their market share.
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some of the major players key players in the global thickening agents market, which include Cargill Incorporated, CP Kelco, Ashland, DuPont, The Dow Chemical Company, BASF SE, AKZO Nobel N.V.
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