Press release
Edible Thickener Market Size 2024 to 2031.
Market Overview and Report CoverageEdible thickener is a substance used to increase the viscosity of a liquid without altering its other properties. It is commonly used in food and beverage products to improve texture and stability.
The Edible Thickener Market is anticipated to witness significant growth in the coming years, with a projected CAGR of 9.50% during the forecasted period. Factors driving this growth include the increasing demand for convenience foods, changing dietary preferences, and growing awareness about food texture and mouthfeel among consumers.
Additionally, the rising prevalence of various health conditions such as dysphagia, which requires thickened liquids for safe swallowing, is expected to fuel the demand for edible thickeners in the healthcare sector. The market is also likely to benefit from innovations in product formulations and technological advancements in food processing.
Furthermore, the expanding food and beverage industry, particularly in developing regions, is creating lucrative opportunities for market players to introduce new and improved edible thickener products. Overall, the future outlook for the Edible Thickener Market looks promising, with sustained growth expected in the years ahead.
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Market Segmentation
The Edible Thickener Market Analysis by types is segmented into:
• Animal Glue
• Vegetable Gum
• Seaweed Gum
• Microbial Glue
• Starch
• Others
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Edible thickener market types include animal glue, vegetable gum, seaweed gum, microbial glue, starch, and others. Animal glue is derived from animal collagen, while vegetable gum comes from plants like guar gum and xanthan gum. Seaweed gum, derived from seaweed, is rich in fiber and minerals. Microbial glue is produced by microorganisms like bacteria and fungi. Starch, commonly sourced from corn, potatoes, and rice, is a popular thickening agent. Other types of edible thickeners include gums and pectin.
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The Edible Thickener Market Industry Research by Application is segmented into:
• Cold Food
• Drink
• Dairy Products
• Condiment
• Pastry
• Others
Edible thickeners are widely used in various food and beverage applications including cold food, drinks, dairy products, condiments, pastries, and others. These thickeners help improve the texture, consistency, and stability of food and beverage products. In cold food and drinks, they prevent separation and provide a smooth mouthfeel. In dairy products, they enhance creaminess and prevent syneresis. In condiments, they improve viscosity and cling. In pastries, they help create the desired texture and structure. Overall, edible thickeners play a crucial role in enhancing the overall sensory experience of various food and beverage products.
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In terms of Region, the Edible Thickener Market Players available by Region are:
North America:
• United States
• Canada
Europe:
• Germany
• France
• U.K.
• Italy
• Russia
Asia-Pacific:
• China
• Japan
• South Korea
• India
• Australia
• China Taiwan
• Indonesia
• Thailand
• Malaysia
Latin America:
• Mexico
• Brazil
• Argentina Korea
• Colombia
Middle East & Africa:
• Turkey
• Saudi
• Arabia
• UAE
• Korea
What are the Emerging Trends in the Global Edible Thickener market?
Some emerging trends in the global edible thickener market include the growing demand for plant-based and natural thickeners due to increasing health consciousness among consumers. There is also a rising interest in clean label products, leading to the development of thickeners derived from natural sources such as seaweed, tapioca, and guar gum. Additionally, there is a shift towards innovative thickening solutions that cater to specific dietary requirements, such as gluten-free, vegan, and non-GMO options. The market is also witnessing advancements in technology, leading to the creation of stable, versatile, and cost-effective thickening agents for various food and beverage applications.
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Major Market Players
Ingredion is a leading global ingredient solutions provider serving customers in more than 120 countries. The company has a rich history dating back to 1906 when it was founded as Corn Products Company. Over the years, Ingredion has grown through mergers and acquisitions to become a key player in the edible thickener market.
Ingredion has experienced steady market growth due to its innovative product offerings and focus on customer satisfaction. The company has a diverse product portfolio that includes starches, sweeteners, and nutrition ingredients. Its products are used in a wide range of applications, including food and beverage, personal care, pharmaceuticals, and industrial products.
Another major player in the edible thickener market is Cargill, a global food corporation with a history dating back to 1865. Cargill is known for its strong presence in the agriculture and food industries, with a focus on sustainable practices and responsible sourcing.
Cargill's sales revenue in 2020 was reported to be around $114.7 billion, making it one of the largest companies in the edible thickener market. The company's growth can be attributed to its global reach, diverse product portfolio, and commitment to innovation and sustainability.
Roquette is another key player in the edible thickener market, with a history dating back to 1933. The company specializes in plant-based ingredients and solutions, with a focus on sustainability and nutrition. Roquette's sales revenue in 2020 was reported to be around $4.1 billion.
Overall, the edible thickener market is highly competitive, with multiple players vying for market share. Companies like Ingredion, Cargill, and Roquette have established themselves as leaders in the industry through innovation, product quality, and customer service. As consumer demand for clean-label and plant-based ingredients continues to grow, these companies are well-positioned to capitalize on market trends and drive further growth in the coming years.
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