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The Role Of Food Thickeners In Elevating Food And Beverage Market: Key Factor Driving The Growth In The Food Thickeners Market
The Food Thickeners Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].What Is the Expected Food Thickeners Market Size During the Forecast Period?
In the past few years, there has been robust growth in the size of the food thickeners market. The market, which was valued at $13.24 billion in 2024, is projected to reach $14.27 billion in 2025, with a compound annual growth rate (CAGR) of 7.8%. Factors contributing to this historic period of growth encompass increased demand for processed and convenience foods, a growing elderly population struggling with dysphagia, the requirement for texture modification in food products, expansion of the global food and beverage industry, regulatory approval and safe usage of food thickeners, as well as a surge in the occurrence of neurological disorders affecting swallowing.
The market for food thickeners is predicted to experience marked growth in the coming years, with its worth predicted to reach $19.12 billion in 2029, with an annual growth rate of 7.6%. The expansion during the forecast period is due to the increasing adoption of plant-based and algae-derived thickeners, a focus on altering textures in health and elderly care diets, innovative research and development in specialized thickening agents for targeted applications, the rising demand for thickeners in health and functional food products, the broadening use of thickeners in pet food and nutraceuticals, and a burgeoning interest in personalized texture solutions for the foodservice sector. Emerging trends in the forecast period comprise thickeners derived from plants and algae, personalized texture solutions, texture alterations for dysphagia management, transparency and unambiguous label claims, modification in pet food textures, and functional thickeners that offer health benefits.
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What Are the High-Growth Segments in the Food Thickeners Market?
The food thickeners market covered in this report 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
Subsegments:
1) By Starch: Modified Starch, Native Starch, Dextrins
2) By Protein: Gelatin, Whey Protein, Soy Protein
3) By Hydrocolloids: Gum Arabic, Xanthan Gum, Guar Gum, Carrageenan, Agar-Agar, Pectin
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What Key Drivers Are Expected to Influence Future Food Thickeners Market Growth?
The food thickeners market is projected to expand with its high usage in the food and beverage sector. It revolves around companies belonging to the division of food processing, packaging, as well as dissemination of prepared and packaged meals along with alcoholic and non-alcoholic drinks. The purpose of food thickeners is to amplify the viscosity of a food item or drink while securing its consistency. For example, the India Food Services Report-2024, released in July 2024 by the National Restaurants Association of India (NRAI), an India-oriented restaurant industry business association, declared that the food services sector was contributing 1.9% to the national GDP. The sector, valued at INR 5.69 trillion ($68 billion), is anticipated to elevate to INR 7.76 trillion ($92 billion) by 2028. The augmentation denotes a compounded annual growth rate (CAGR) of 8.1% from 2024 to 2028, demonstrating the sector's robustness and potential contribution to the Indian economy. Therefore, the broad use in food and drinks plays a role in the growth trajectory of the food thickener market.
Which Companies Hold the Largest Share Across Different Food Thickeners Market Segments?
Major companies operating in the food thickeners market include Cargill Incorporated, Archer Daniels Midland Company, Ingredion Incorporated, Ashland Global Holdings Inc., CP Kelco ApS, DuPont de Nemours Inc., Kerry Group plc, Darling Ingredients Inc., Tate & Lyle PLC, Medline Industries Inc., Guar Resources LLC, Deosen Biochemical (Ordos) Ltd., GELITA AG, Solvay S.A., VIKAS WSP Ltd., Koninklijke DSM N.V., Jungbunzlauer Suisse AG, DuPont Nutrition & Biosciences ApS, Biorigin SA, Fuerst Day Lawson, FMC Corporation, Naturex, Nexira, Palsgaard A/S, Premium Ingredients International, Taiyo International, TIC Gums Inc., W Hydrocolloids Inc.
What Trends Are Driving Growth in The Food Thickeners Market?
The emergence of product innovations is a significant trend being witnessed in the food thickeners industry. Dominant companies in the food thickeners sector are inventing new items to secure their standing in the market. For instance, Ingredion Incorporated, a renowned global provider of special ingredient solutions to the food and beverage industry based in the US and a forerunner in clean label ingredients, unveiled NOVATION Indulge 2940 starch in February 2024. This new addition to their clean label texturizers line is the first non-GMO functional native corn starch that offers a distinctive texture for gelling and co-texturizing sought-after dairy and alternative dairy products and desserts.
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What Are the Emerging Geographies for The Food Thickeners Market Growth?
Europe was the largest region in the food thickeners market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the food thickeners market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Food Thickeners Market?
2. What is the CAGR expected in the Food Thickeners Market?
3. What Are the Key Innovations Transforming the Food Thickeners Industry?
4. Which Region Is Leading the Food Thickeners Market?
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