Food Thickeners Market: Overview
The key drivers of the food thickener market are increased awareness of the latest food products, easy availability (multiple dedicated online platforms), and rapidly changing lifestyles. Rising processed food consumption, increased consumer awareness of healthy diets, and strengthened government food regulations are expected to drive growth in the coming years. The Global Food Thickeners Market report provides a comprehensive analysis of the market. The report provides a thorough examination of key segments, trends, drivers, restraints, the competitive landscape, and factors that are significant in the market.
Food thickeners are substances added to increase the consistency of food. Food thickeners are agents that are used to increase the viscosity of a liquid without changing its properties. They are also used to change the texture of food and to add a creamy flavour to it. They are used as a food additive to increase the product’s suspension and emulsification in order to stabilise it. Food thickeners are widely used in the production of food and beverages such as food pulps, energy drinks, puddings, sauces, and soups, among others. Cornstarch, arrowroot, Agar-Agar, and gelatin are common food thickeners.
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The main advantage of using food thickeners is that completely solid food can cause choking while swallowing, whereas thickened liquid passes so easily that nutrients cannot be absorbed by the body, so food thickeners are used to maintain the balance. Recently, the demand for processed foods has increased rapidly. For example, the bakery market is one of the primary targets of the food thickener market, and there has recently been a surge in the consumption of bakery products (increasing demands, easy availability, Food Vlogging). This opens up a wide range of market opportunities.
Global Food Thickeners Market: Major Players
Ashland Specialty Ingredients
Ingredion Incorporated
Cargill
TIC Gums
Archer Daniels Midland Company
Kerry Group
CP Kelco
E. I. Du Pont De Nemours and Company
Fuerst Day Lawson
Tate & Lyle
Darling Ingredients
Global Food Thickeners Market: Types
Hydrocolloids
Protein
Starch
Global Food Thickeners Market: Applications
Bakery
Confectionery
Sauces
Marinades & Gravies
Beverages
Dairy
Convenience Foods
The geographical factors that drive the food thickener market are extremely important. Europe is always the largest consumer of bakery products, creating a huge opportunity for the food thickener market (For example agars). Obesity is on the rise in America and India, so people are gravitating toward low-calorie foods. Demand for sauces and dressings is also on the rise. In terms of application, food thickeners are widely used in the beverage industry. In addition, rising research costs associated with the development and manufacturing of food thickeners, along with changes in food thickener raw material prices, are critical factors acting as restraints and will further challenge the hydrocolloids market during the forecast period.
Overuse of food thickener products can cause health problems; additionally, some products (such as glutton) have side effects, so most people avoid glutton products; these are the major restraints on the food thickener market. In addition, the cost of R&D in the food thickener market is high. As the number of working professionals in Asia grows, so does the consumption of packaged goods. Packaged goods are a major consumer of food thickener. Furthermore, the use of plant-based sources to produce food thickeners as an alternative to harmful raw colour substances is opening up a plethora of market opportunities.
Continuous product innovation, changing consumer preferences for high-quality products, and strengthened government food regulations are all expected to boost market growth. Favorable government regulations pertaining to the expansion of the food and beverage industry are expected to boost demand during the forecast period.
Various government agencies and non-governmental organisations have launched and implemented programmes to promote healthy lifestyles. These plans include the introduction of novel healthy products to combat diabetes, obesity, and high cholesterol levels, thereby increasing industry demand. The robust growth of the food and beverage industry, combined with the presence of a large consumer base, is expected to boost product consumption over the forecast period.
Key Market Trends:
Due to the ability of agar gels to withstand high temperatures, agar is gaining prominence as a stabiliser and thickener in pie fillings, icings, and meringues, and demand for thickening agents such as agar has been seen with an increasing trend in the bakery and confectionery industry. Some agars, particularly those derived from Gracilaria chilensis, are widely used in high-sugar confectionery, such as fruit candies. Because agar has no taste and does not interfere with the flavours of foods, its use in food and beverage products is increasing dramatically.
Key Benefits:
• The analysis provides an overview of the factors driving and limiting the growth of the market including trends, structure and others.
• Market estimation for type and geographic segments is derived from the current market scenario and expected market trends.
• Porter’s Five Force Model and SWOT analysis are used to study the global Ready-to-use Therapeutic Food market and would help stakeholders make strategic decisions.
• The analysis assists in understanding the strategies adopted by the companies for the growth of this market.
• In-depth analysis of the types of Ready-to-use Therapeutic Food would help in identifying future applications in this market.
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Objectives of the Study:
• To provide with an exhaustive analysis on the Ready-to-use Therapeutic Food Market by Product, By Application, By End User and by Region.
• To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
• To evaluate and forecast micro-markets and the overall market
• To predict the market size, in key regions— North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
• To record and evaluate competitive landscape mapping- product launches, technological advancements, mergers and expansions
