Food Thickeners Market Analysis (2024-2033)- Opportunity Assessment, Business Insights, Growth Factors, Future Scope And Top Key Players | Cargill Incorporated, Archer Daniels Midland Company, Ingredion Incorporated, Ashland Global Holdings Inc., CP Kelco ApS

Overview and Scope
The food thickeners are used to maintain the texture of food and also help to create texture. A food thickener refers to a substance, agent, or ingredient that is added to food to change its viscosity, with the help of thickeners, the food becomes stiffer and denser.

Sizing and Forecast
The food thickeners market size has grown strongly in recent years. It will grow from $12.28 billion in 2024 to $13.24 billion in 2024 at a compound annual growth rate (CAGR) of 7.8%. The growth in the historic period can be attributed to increased demand for processed and convenience foods, growth in aging population with swallowing difficulties (dysphagia), need for texture modification in food products, expansion of the food and beverage industry globally, regulatory approval and safe usage of food thickeners, rise in prevalence of neurological disorders affecting swallowing.

The food thickeners market size is expected to see strong growth in the next few years. It will grow to $17.79 billion in 2028 at a compound annual growth rate (CAGR) of 7.7%. The growth in the forecast period can be attributed to adoption of plant-based and algae-derived thickeners, emphasis on texture-modified diets in healthcare and geriatric care, research and development in novel thickening agents for specific applications
demand for thickeners in nutritional and functional food products, expansion of thickener applications in pet food and nutraceuticals, growing interest in customized texture solutions for foodservice industry. Major trends in the forecast period include plant-based and algae-derived thickeners, customized texture solutions, texture modification for dysphagia management, transparency and clean label claims, texture-modified pet food, functional thickeners with health benefits.

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Segmentation & Regional Insights
The food thickeners market covered in this report is segmented –
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

Top 5 Major Players:

• Cargill Incorporated
• Archer Daniels Midland Company
• Ingredion Incorporated,
• Ashland Global Holdings Inc
• CP Kelco ApS

Europe was the largest region in the food thickeners market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the food thickeners market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

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Major Driver Impacting Market Growth
Extensive use in food and beverages is expected to propel the growth of the food thickeners market going forward. The food and beverage industry refers to the companies that engage in food processing, packaging, and distribution of packaged and freshly prepared dishes, as well as alcoholic and non-alcoholic beverages. Food thickeners help the food and beverages industry by raising the viscosity of a diet or beverage and maintaining its consistency. For instance, according to the Agricultural and Processed Food Products Export Development Authority (APEDA), an Indian Apex-export trade promotion active government body, processed food product exports increased from $11,671 million in 2020-21 to $ 13,261 million in 2021-22. Therefore, extensive use in food and beverages is driving the growth of the food thickener market.

Key Industry Players
Major companies operating in the food thickeners market include Cargill Incorporated, Archer Daniels Midland Company, Ingredion Incorporated, Ashland Global Holdings Inc., CP Kelco ApS, DuPont de Nemours Inc., Kerry Group plc, Darling Ingredients Inc., Tate & Lyle PLC, Medline Industries Inc., Guar Resources LLC, Deosen Biochemical (Ordos) Ltd., GELITA AG, Solvay S.A., VIKAS WSP Ltd., Koninklijke DSM N.V., Jungbunzlauer Suisse AG, DuPont Nutrition & Biosciences ApS, Biorigin SA, Fuerst Day Lawson, FMC Corporation, Naturex, Nexira, Palsgaard A/S, Premium Ingredients International, Taiyo International, TIC Gums Inc., W Hydrocolloids Inc.

The food thickeners market report table of contents includes:
1. Executive Summary
2. Food Thickeners Market Characteristics
3. Food Thickeners Market Trends And Strategies
4. Food Thickeners Market – Macro Economic Scenario
5. Global Food Thickeners Market Size and Growth

…..

31. Global Food Thickeners Market Competitive Benchmarking
32. Global Food Thickeners Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Food Thickeners Market
34. Food Thickeners Market Future Outlook and Potential Analysis
35. Appendix

List Of Tables:
Table 1: Global Historic Market Growth, 2018-2023, $ Billion
Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Table 3: Global Food Thickeners Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 4: Global Food Thickeners Market, Segmentation By Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 5: Global Food Thickeners Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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Table 74: Cargill Incorporated Financial Performance
Table 75: Archer Daniels Midland Company Financial Performance
Table 76: Ingredion Incorporated Financial Performance
Table 77: Ashland Global Holdings Inc. Financial Performance
Table 78: CP Kelco ApS Financial Performance

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