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Food Thickeners Market Size
- Report ID: GMI1294
- Published Date: Mar 2019
- Report Format: PDF
Food Thickeners Market Size
Food Thickeners Market size is estimated to observe around 5.9% CAGR from 2023 to 2032, due to the surging popularity of plant-based diets to cater to the fast-growing vegan and vegetarian population. As per the World Animal Foundation’s Stats of 2023, there are around 88 million vegans across the globe.
The growing burden of diabetes, obesity and blood pressure has led to the higher preference for organic products to counter high contamination issues in conventional dietary goods, further driving the demand for plant-based food thickeners. As per World Heart Foundation, 1 billion people globally, including 1 in 7 men and 1 in 5 women, are likely to live with obesity by 2030. The rising efforts towards the reduction of the environmental impacts of production processes leading to the development of eco-friendly packaging for thickeners will also contribute to the industry expansion.
| Report Attribute | Details |
|---|---|
| Base Year: | 2022 |
| Forecast Period: | 2023 to 2032 |
| Forecast Period 2023 to 2032 CAGR: | 5.9% |
| Historical Data for: | 2018 to 2022 |
| No. of Pages: | 300 |
| Tables, Charts & Figures: | 488 |
| Segments covered: | Product, Application and Region |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Frequently Asked Questions (FAQ) :
Food Thickeners Market Scope
