Food Thickening Agents Market Size Report- Industry Growth Analysis
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Simplicity maintained in research method and application of best tools and techniques makes Food Thickening Agents Market research report an exceptional. This market report provides an ideal window to the industry which explains what market definition, classifications, applications, engagements and market trends are. The report also gives description about the complete market analysis with inputs from industry experts. A market research analysis and estimations carried out in the credible Food Thickening Agents Market report aids businesses in gaining knowledge about what is already there in the market, what market looks forward to, the competitive background and steps to be followed for outdoing the rivals.
Data Bridge Market Research analyses that the food thickening agents market was valued at USD 13.08 billion in 2021 and is expected to reach the value of USD 20.85 billion by 2029, at a CAGR of 6.00% during the forecast period of 2022-2029.
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Food Thickening Agents Market Scope and Segmentation
REPORT METRIC | DETAILS |
Forecast Period | 2022 to 2029 |
Base Year | 2021 |
Historic Years | 2020 (Customizable to 2014 - 2019) |
Quantitative Units | Revenue in USD Billion, Volumes in Units, Pricing in USD |
Segments Covered | Source (Plant, Seaweed, Microbial, Animal (Gelatine), Synthetic), Application (Bakery and Confectionery, Meat and Poultry, Sauces and Dressings, Beverages, Dairy Products, Other Applications), Type (Hydrocolloids, Protein, Starch) |
Countries Covered | U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA) |
Market Players Covered | Dun & Bradstreet Corporation (U.S.), Conagra Brands, Inc. (U.S.), London Dairy (U.K.), Danone S.A. (France), ADM (U.S.), DAIYA FOODS INC. (Canada), Grupo Bimbo (Mexico), Associated British Foods PLC (U.K.), General Mills Inc. (U.S.), Lantmännen Unibake (Denmark), Aryzta AG (Switzerland), Vandemoortele NV (Belgium), Europastry S.A. (Spain), Cole’s Quality Food Inc. (U.S.) |
Opportunities | The enrichment of animal feed products and rising alcoholic consumptionThe rise of urbanisation and Western cultureGrowing popularity of bakery products |
Market Definition
Food thickeners, also known as thickening agents, are substances that are added to a mixture or food to increase its viscosity without significantly altering its other properties. It improves the suspension of other ingredients and increases the product's stability. Thickeners are used in the food industry to improve a variety of basic properties of food products such as viscosity, texture, density, stability, and flavour.
Food Thickening Agents Market Dynamics
Drivers
- Changing Consumer Tastes and Preferences
The primary factors ensuring the global thickening agents market's steady growth are widespread modernization, sweeping migration (particularly in developing countries), and the prevalence of chronic illnesses due to poor dietary habits, and changing consumer tastes and preferences. People's living standards have improved as a result of increased migration to cities, where resources are more readily available than in deprived areas. As a result, consumers are becoming more interested in confectionery and bakery products.
- High demand from the confectionery industry
The bakery industry was the first to use food thickening agents as an important ingredient. Breads, rye breads, whole wheat bread, buns, white breads, brown breads, and a variety of other bakery products are in high demand around the world. These dominant factors are driving the market forward.
Opportunity
The global thickening agents market's revenue index is expected to rise in the coming years, primarily due to bakery products' growing popularity. Several food and beverage companies have introduced ancillaries in the baking and confectionary industries. This factor will drive the global thickening agent market forward in the coming years. The rise of urbanisation and Western culture has increased demand for bakery products. Furthermore, the enrichment of animal feed products and rising alcoholic consumption are driving demand for food thickening agents.
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What insights readers can gather from the Food Thickening Agents Market report?
Learn the behavior pattern of every Global Food Thickening Agents Market -product launches, expansions, collaborations and acquisitions in the market currently.
Examine and study the progress outlook of the global Food Thickening Agents Market landscape, which includes, revenue, production & consumption and historical & forecast.
Understand important drivers, restraints, opportunities and trends (DROT Analysis).
Important trends, such as carbon footprint, R&D developments, prototype technologies, and globalization.
Why choose Data Bridge Market Research?
Modern technologies, such as artificial intelligence, to provide updated industry growth.
DBMR team provides clients with the top notch Food Thickening Agents Market research report.
Interaction with research scientists and development heads to understand the nature of the Food Thickening Agents Market more precisely.
24/7 availability of services.
Data collection from implementation vendors, service providers, and raw material suppliers to provide a clear perspective with Forecast period.
DBMR team uses very fair means to gather information that is scrutinized at every stage while structuring an influential Food Thickening Agents Market size
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