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Food Binders Market Analysis

  • Report ID: GMI3246
  • Published Date: Apr 2019
  • Report Format: PDF

Food Binders Market Analysis

Plant based food binders market demand is set to exceed 130 kilo tons by 2025. Plant based binding agents including starch and hydrocolloids are extracted from stems, leaves, seeds, & roots of plants and are added to processed edible products. These are mixed to breads and pastries due to their binding and volume enhancing properties. Increasing bread consumption due to changing consumer preferences and busy lifestyles will foster product demand.

Hydrocolloids-based food binders is expected to register over 4.5% CAGR in the forecast timeline. Hydrocolloids are added to edible products owing to their water binding properties. The product includes xanthan gum, guar gum, agar, pectin, carrageenan & cellulose gum which have applications in jellies, jams, candies, cakes, and creams. Rising demand for new jelly flavours will fortify jelly and jam industry which will escalate the industry share.

Pectin based food binders market revenue is expected to surpass USD 170 million by 2025. The product owing to its stabilizing and gelating properties is added to cheese, jams, cakes, and fruit juice powder. The product prevents cake hardening and helps to improve cheese quality. Rising cheese demand due to its diverse applications for pizza, pasta, sandwich, and noodles will foster food binders industry outlook.

Food binders market from meat products application is expected to exceed USD 665 million by 2025. The product helps to retain water due to its affinity for liquid content hence preventing fat clumping. Growing demand of meat products owing to their high protein content will foster industry outlook.

Food binders industry from processed food application is expected to register over 5% CAGR in the forecast timeframe. Potato starch owing to its neutral taste, volume enhancing, and strong binding properties is widely added to several processed food including packaged desserts, grated cheese, hot dogs, chips, and instant soups. Increasing demand of packaged edible products due to hectic work schedules and changing lifestyle will boost potato starch demand, thus escalating industry landscape.

Asia Pacific led by South Korea, India, and Japan food binders market is predicted to witness more than 5.5% CAGR in the forecast timeline. The product has its applications in chewing gums, potato chips, and candies owing to its bonding properties. Growing urbanization and distribution channels including hypermarkets and convenience stores in the region will have a positive impact on confectionary industry, hence stimulating the regional market demand.

North America driven food binders market is set to surpass USD 620 million by 2025. Binding agents are added to sports supplements and drinks owing to their cohesive properties. Rising inclination for sports activities in the region owing to increasing awareness for physical fitness will foster supplements demand. This will enhance food binders industry statistics.

Authors: Kunal Ahuja, Sarita Bayas

Food Binders Market Scope

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Premium Report Details

  • Base Year: 2018
  • Companies covered: 15
  • Tables & Figures: 500
  • Countries covered: 24
  • Pages: 350
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