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Food Thickeners Market Trends

Report ID: GMI1294
Published Date: Mar 2019
Report Format: PDF

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Food Thickeners Market Trends

The ongoing R&D efforts for the discovery as well as creation of new food thickeners and texture-enhancing ingredients will prove favorable for the industry growth. For instance, in October 2021, Cargill added a new kappa carrageenan, Satiagel VPC614 to its portfolio of carrageenans to cater to high gelling applications and solid formulations in eco-friendly personal care products. Increasing innovations in hydrocolloids and starches are also expanding options to food manufacturers to enable them to meet the rising consumer requirements for unique textures and enhanced sensory experiences.

Authors: Kunal Ahuja, Sarita Bayas

Frequently Asked Questions (FAQ) :

The market size of food thickeners is set to record more than 5.9% CAGR during 2023 to 2032, due to the increasing advances across the food & beverage sector.

Demand for plant-sourced food thickeners segment is projected to witness 5% CAGR from 2023 to 2032, attributed to the rising preference for fat free alternatives over microbial and animal-based thickeners.

Asia Pacific market, led by China, Japan and India, is poised to witness over 5.5% CAGR through 2032, on account of the higher demand for ready-to-eat meals and convenience foods.

Some of the major companies include Cargill, Ingredion, Ashland Specialty Ingredients ADM Company, Edesang, C P Kelko, Fooding Group, DowDuPont, and Jungbunzlauer.