Food Thickeners Market Exhibiting A CAGR Of 6.2% For The Forecast Period From 2018 To 2025 : Grand View Research Inc.

Food Thickeners Market

San Francisco, 12 November 2019: The Report Food Thickeners Market Size, Share & Trend Analysis Report By Product (Starch, Hydrocolloids, Protein), By Application (Bakery, Confectionery, Beverages, Dairy), And Segment Forecasts, 2018 – 2025

The global food thickeners market is expected to reach USD 18.98 billion by 2025, according to a new report by Grand View Research, Inc. Rising demand for the product in carbonated drinks and flavored beverages, is expected to drive the market growth over the forecast period.

Archer Daniels Midland Company, CP Kelco and Cargill Inc., are three major companies involved in manufacturing and supply of food thickeners internationally. These companies have tie-ups with farmers and other small scale raw material suppliers to procure raw material, which is then converted into various flavored food thickeners. High production volumes, huge product portfolio and wide distribution network of these players have resulted into their high market share.

The high-shelf life, wide availability, and low cost, are the factors which have made starch and its derivatives, a preferred choice for incorporation in bakery products and confectionery. Hydrocolloid based thickeners on the other hand have high stability, thickening, and gelling properties. However, its growth is expected to be hampered on account of its high price.

Manufacturers indulged in the industry stock raw materials to eliminate third-party intermediaries, and to avoid supply shortages. Major players are challenged with raw material price volatility and investments for product innovation required to survive the stiff competition in the market. The new entrants need to come up with significantly improved product quality with competitive pricing in order to sustain in the industry.

Access Research Report of Food Thickeners Market @ https://www.grandviewresearch.com/industry-analysis/food-thickeners-market

Further key findings from the report suggest:
  • The low cost, high-shelf life and easy availability of starch resulted in the product dominating the food thickeners industry with over 42% of the market share in 2016, with the trend expected to continue over the forecast period
  • Rising demand for proteins on account of the various health benefits such as weight loss, healthy aging, and muscle building, are anticipated to propel the demand for dairy products
  • The changing culinary preferences and the robust growth of the food & beverage industry in Europe has resulted in the regional market to ascend at a CAGR of 6.0% over the forecast period
  • The food thickeners market in China is expected to grow at a CAGR of 7.7% over the forecast period, on account of rapid population growth coupled with the rising demand for baby food products, sauces, and dairy products in the country
  • The major players in the market including CP Kelko, E. I. du Pont de Nemours and Company, Archer Daniels Midland Company, and Cargill Inc., dominated the industry in 2016 , accounting over 70% of the overall market share
Browse more reports of this category by Grand View Research at: https://www.grandviewresearch.com/industry/nutraceuticals-functional-foods-and-dietary-supplements

Grand View Research has segmented the global food thickeners market on the basis of product, application, and region:
Food Thickeners Product Outlook (Revenue, USD Million; 2014 - 2025)
  • Starch
  • Hydrocolloids
  • Proteins
Food Thickeners Application Outlook (Revenue, USD Million; 2014 - 2025)
  • Bakery
  • Dairy
  • Beverages
  • Confectionery
  • Others
Food Thickeners Regional Outlook (Revenue, USD Million; 2014 - 2025)
  • North America
  • Europe
  • Asia Pacific
  • Central & South America
  • The Middle East & Africa
Access Press Release of Food Thickeners Market @ https://www.grandviewresearch.com/press-release/global-food-thickeners-market

About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
For More Information: www.grandviewresearch.com

Comments

Post a Comment

Popular posts from this blog

U.K. Point Of Sale Software Market To Expand Industry Growth At USD 1.05 Billion By 2028

Image
  San Francisco, 21 Jan 2022:   The Report  U.K. Point Of Sale Software Market  Size, Share & Trends Analysis Report By Application (Fixed POS, Mobile POS), By Deployment, By Organization Size, By End-user, And Segment Forecasts, 2021 - 2028 The global U.K. point of sale software market size is expected to reach USD 1.05 billion by 2028, expanding at a CAGR of 8.1% from 2021 to 2028, according to the new study conducted by Grand View Research, Inc. The integration of a Point-Of-Sale (POS) solution with capabilities such as sales reports monitoring, cash flow recording, product demand analysis, tracking delivery status, and inventory management ensure systematic functioning and upscaling of a business. The adoption of POS software is directly impacted by the demand for POS terminals, which is witnessing growth in demand due to changing lifestyles and government policies. However, the COVID-19 pandemic disrupted the industry's business, wherein ...
Read more

Gas Detection Equipment Market Anticipated To Expand At A CAGR 9.7% From 2021 To 2028

  San Francisco, 5 May 2021:   The Report  Gas Detection Equipment Market  Size, Share & Trends Analysis Report By Product, By Technology (Infrared, Catalytic, PID), By End-use, By Region, And Segment Forecasts, 2021 - 2028 The global gas detection equipment market size is expected to reach USD 8.38 billion by 2028, according to a new report by Grand View Research, Inc. It is anticipated to expand at a CAGR of 9.7% from 2021 to 2028. The market growth can be attributed to the growing awareness among governments regarding the harmful effects of greenhouse gases, coupled with their increased efforts toward protecting the environment. Major industries such as petroleum, oil, and gas, among others are needed to comply with safety and environmental regulations which are also major factors driving the market growth. Many companies are focused on introducing drone-based gas detection equipment, which is expected to create new opportunities for market growth in...
Read more