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2022 Food Thickeners Global Market Analysis And Forecast 2031 | Technologies, Demand, Growth, Research, Development And Players CP Kelco, ADM, Ingredion Incorporated, Ashland Global Specialty Chemicals Inc, Tate & Lyle PLC
Food Thickeners Market
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The global food thickeners market report by the business research company identifies extensive use in food and beverages is expected to propel the growth of the food thickeners market going forward. The food and beverage industry refers to the companies that engage in food processing, packaging, and distribution of packaged and freshly prepared dishes, as well as alcoholic and non-alcoholic beverages. Food thickeners help the food and beverages industry by raising the viscosity of a diet or beverage and maintaining its consistency. For instance, according to the Agricultural and Processed Food Products Export Development Authority (APEDA), an Indian Apex-export trade promotion active government body, processed food product exports increased from $11,671 million in 2020-21 to $ 13,261 million in 2021-22. Therefore, extensive use in food and beverages is driving the growth of the food thickener market.
The global food thickeners market size is expected to grow from $10.61 billion in 2021 to $11.35 billion in 2022 at a compound annual growth rate (CAGR) of 6.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, affecting many markets across the globe. The food thickeners market is expected to grow to $14.85 billion in 2026 at a compound annual growth rate (CAGR) of 7%.
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Europe was the largest region in the food thickeners market in 2021. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in food thickeners market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
Major players in the market are CP Kelco, ADM, Ingredion Incorporated, Ashland Global Specialty Chemicals Inc, Tate & Lyle PLC, Cargill Inc., Jungbunzlauer Suisse AG, TIC Gums, Medline Industries LP, Archer Daniels Midland Company, Deosen Biochemical (Ordos) Ltd., Solvay S.A., Vikas WSP Ltd., Guar Resources LLC, and Kent Precision Foods Group Inc.
The global Food thickeners market is segmented -
1) By Type: Starch, Protein, Hydrocolloids
2) By Source: Plant, Microbial, Animal
3) By Application: Bakery, Confectionery, Sauces, Dressings, Marinades, and Gravies, Beverages, Dairy and Frozen Desserts, Convenience and Processed Food
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The Food thickeners Market Report Contents Include
1. Executive Summary
2. Food Thickeners Market Characteristics
3. Food Thickeners Market Trends And Strategies
4. Food Thickeners Market - Macro Economic Scenario
5. Food Thickeners Market Size And Growth
.........
28. Key Mergers And Acquisitions In The Food Thickeners Market
29. Food Thickeners Market Future Outlook And Potential Analysis
30. Appendix
This report covers the trends and market dynamics of the food thickeners market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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