Food Thickeners Market Scope:

The food thickeners market industry is projected to grow from USD 9.42 Billion in 2023 to USD 13.29 billion by 2030, food thickeners market could anticipate a CAGR of 5.9% over the evaluation period (2023 to 2030), reveals Market Research Future (MRFR). MRFR expects the amplified preference for convenience foods, confectionery and bakery products worldwide to be a major reason for the strong demand for Food Thickeners Market in the food sector.

The Canadian Food Thickeners Market is a vital segment of the food industry, driven by factors such as changing consumer lifestyles, increasing demand for processed and convenience foods, and growing applications in foodservice and industrial sectors. Food thickeners play a critical role in improving texture, mouthfeel, and stability in various food products, including dairy, bakery, sauces, and ready-to-eat meals. In Canada, the market is characterized by a diverse range of thickening agents, including starches, hydrocolloids, gums, and proteins, catering to different functional requirements and dietary preferences. Manufacturers are focusing on product innovation and development to introduce clean-label and sustainable thickening solutions that meet consumer demands for healthier, tastier, and environmentally friendly food products.

Key Boosters and Restraints:

The dramatic growth of the food sector, especially the bakery and dairy sectors have been quite favorable for the food thickeners market. Factors including frequent product development, soaring consumer preferences for premium quality products, and strict food regulations will further facilitate market growth in the upcoming years. 

Food thickeners like hydrocolloids, proteins, and starch have extensive applications within the baking industry, where these are predominantly utilized as stabilizing, gelling, and thickening agents. Additionally, mounting consumption of ready-to-eat, protein-rich snacks will also enhance the demand for food thickeners in the following years.

Segmental Review:

Food thickeners market, with respect to origin, caters to plants, animals, as well as microorganisms.

Food thickeners are available in different types in the global market, some of which include vegetable gums, proteins, starches, and more.

Food thickeners industry, depending on product type, has been considered for alginin, cornstarch, xanthan gum, guar gum, gelatin, collagen, carrageenan, agar, and more.

Food thickeners’ major applications are in convenience foods, soups and gravies, confectionery, beverages, bakery, dressings and marinades, dairy products, and more.

Affluent Vendors:

Ingredion Incorporated (U.S.), Archer Daniels Midland (U.S.), Kerry Group Plc (Ireland), Cargill (U.S.), E. I. du Pont de Nemours and Company (U.S.), Tate & Lyle PLC (U.K.), TIC Gums (U.S.) are the top Key Food Thickeners Market Players developers highlighted in the extensive study.

These firms channelize their attempts at developing cutting-edge technologies & products, utilizing innovative techniques to produce cost-effective products. They also strive to bring down risks in their supply chains to strictly adhere to the delivery needs. Big multinational firms are collaborating with smaller vendors to gain a stronghold in regional markets. Another strategic move made by these companies is focusing on expanding their production capacity, to accommodate the rapid increase in the product demand.

To illustrate, in November 2021, CP Kelco introduced Kelcogel DFA Gellan Gum, which is a dual-function, single-ingredient solution for use in dairy alternative beverages. With the company’s newly launched gellan gum grade product, manufacturers will be able to deliver a cleaner product label and also bring down the total costs while maintaining the quality.

Related Reports:

Ready To Drink Market Research Report Information By Type (Probiotic Drinks, Sports Drinks, Energy Drinks, Fruit & Vegetable Juices and Others), By Distribution Channel (Store-Based and Non-Store Based), And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) – Market Forecast Till 2030

Rapport d'étude de marché sur les chips cuites au four : informations par source (légumes, fruits, céréales, céréales et autres), fonctionnalité (biologique, sans gluten, faible teneur en calories, faible teneur en sodium et autres), canal de distribution (en magasin et hors magasin), par région — Prévisions jusqu'en 2027

Marktinformationen für ätherische Öle und Aromatherapie nach Produkttyp (ätherische Öle, Mischöle, Trägeröle und andere), Aromen (Früchte, Gewürze, Blumen, Kräuter und andere), Anwendung (Lebensmittel und Getränke, Medizin, Körperpflege (Kosmetik, Toilettenartikel, Düfte und andere), Homecare, Spa & Wellness Produkte und andere) und Regionsprognose bis 2027

Food Thickeners Companies

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