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Food Binders Market Share

Report ID: GMI3246
Published Date: Sep 2024
Report Format: PDF

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Food Binders Market Share

Global Food Binders Market Company Share, (2023)

The food binders industry is dominated by a range of prominent players, each bringing specialized products and innovations to the industry. Tate & Lyle is renowned for its extensive portfolio of specialty starches that cater to various applications. Visco Starch excels in providing high-performance starch products tailored for diverse industrial needs. Alltech stands out for its innovative solutions in fermentation and enzymes, which complement its starch offerings. Dupont contributes to the market with a broad range of industrial and food-grade starches, while BASF SE offers advanced solutions in starch modification to enhance functionality. ADM and Cargill Incorporated are significant players with extensive selections of corn and wheat starches, addressing both food and industrial sectors.

Additionally, FMC Corporation focuses on functional starches that meet specific application requirements, and Darling Ingredients is noted for its sustainable and functional starch solutions. Gelita AG specializes in specialty gelatin and collagen products, adding value through unique properties. CP Kelco provides hydrocolloid solutions that enhance texture and stability in various products. Avebe, a cooperative, is known for its high-quality potato starches, and Emsland Group offers a diverse range of potato and pea starches. Borregaard AS stands out for its sustainable and high-performance starch derivatives, contributing to the industry's drive towards more eco-friendly solutions.

Food Binders Market Companies

Top companies operating in the food binders industry include:

Tate & Lyle
Visco Starch
Alltech
Dupont
BASF SE
ADM
Cargill Incorporated
FMC Corporation
Darling Ingredients
Gelita AG
CP Kelco
Avebe
Emsland Group
Borregaard AS

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of global food binders was reached USD 1.7 billion in 2023 and is projected to grow at a 4.6% CAGR from 2024 to 2032, driven by increasing demand for convenience foods and the expansion of the food processing industry.

The bakery and confectionery segment is expected to reach USD 400 million by 2024 and is set to grow at a CAGR of 4.7% from 2024 to 2032. This growth is fueled by consumer demand for baked goods with superior texture, moisture retention, and extended shelf life. The increasing popularity of gluten-free, low-calorie, and health-oriented products also drives demand for specialized binders in this segment.

The Asia Pacific food binders market is projected to reach USD 600 million by 2032, driven by the rising demand for processed and convenience foods in rapidly urbanizing populations across China, India, and Southeast Asia. Factors like rising disposable incomes, growing middle-class populations, and expanding retail chains are propelling this growth.

Leading companies in the food binders market include Tate & Lyle, Visco Starch, Alltech, Dupont, BASF SE, ADM, Cargill Incorporated, FMC Corporation, Darling Ingredients, Gelita AG, CP Kelco, Avebe, Emsland Group, and Borregaard AS. These companies offer a wide range of starch-based and other food binders, with some specializing in sustainable and clean-label solutions.