What are the Current and Future Projections for the Food Thickeners Market?
The food thickeners market has witnessed robust growth in recent years, escalating from $13.24 billion in 2024 to an estimated $14.27 billion in 2025, reflecting a compound annual growth rate (CAGR) of 7.8%. This progress can be attributed to factors such as increased demand for processed and convenience foods, a growing aging population struggling with dysthagia, an expanding global food and beverage industry, and the rise in neurological disorders affecting swallowing.
Forecasted growth in the food thickeners market predicts a surge to $19.12 billion in 2029 at a CAGR of 7.6%. This expected growth will be driven by the adoption of plant-based and algae-derived thickeners, focus on texture-modified diets in healthcare and geriatric care, and the growing demand for thickeners in nutritional and functional food products.
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What are the Key Drivers of the Food Thickeners Market?
An essential driver of the food thickeners market is the industry’s extensive use in food and beverages. Food thickeners increase the viscosity and consistency of a diet or beverage, being integral in the food and beverage industry. The resilience and long-term potential of the sector, as seen by the growth from INR 5.69 trillion ($68 billion) to INR 7.76 trillion ($92 billion) by 2028 in the India Food Services sector alone, highlight the extensive use and subsequent growth the food thickeners market can anticipate.
What are the Primary Segments of the Global Food Thickeners Market?
The food thickeners market report covers these segments –
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
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Who are the Major Players in the Food Thickeners Market?
The food thickeners market boasts participation from major companies such as Cargill Incorporated, Archer Daniels Midland Company, Ingredion Incorporated, Ashland Global Holdings Inc., and CP Kelco ApS, amongst others. Their significant market presence underscores the importance and growth of the industry.
What are the Emerging Trends in the Food Thickeners Market?
Innovation in product offerings is a leading trend in the food thickeners market. A notable example is the launch of the NOVATION Indulge 2940 Starch by Ingredion Incorporated. This product expands its range of clean label texturizers and provides unparalleled texture for various popular dairy products and desserts.
Which Regions are Showing Significant Growth in the Food Thickeners Market?
Europe was the largest region in the food thickeners market in 2024 while Asia-Pacific expects promising growth during the forecast period. The coverage includes regions like Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
What Does the Food Thickeners Market Report 2025 Offer?
The food thickeners market, bolstered by agents that alter the texture of food and beverages, offers promising growth. The Food Thickeners Market research report from The Business Research Company provides valuable market insights regarding market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
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