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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.

 

Food Thickeners Market

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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.

Authors: Kunal Ahuja, Sarita Bayas

Frequently Asked Questions (FAQ) :

The market size of food thickeners is set to record more than 5.9% CAGR during 2023 to 2032, due to the increasing advances across the food & beverage sector.

Demand for plant-sourced food thickeners segment is projected to witness 5% CAGR from 2023 to 2032, attributed to the rising preference for fat free alternatives over microbial and animal-based thickeners.

Asia Pacific market, led by China, Japan and India, is poised to witness over 5.5% CAGR through 2032, on account of the higher demand for ready-to-eat meals and convenience foods.

Some of the major companies include Cargill, Ingredion, Ashland Specialty Ingredients ADM Company, Edesang, C P Kelko, Fooding Group, DowDuPont, and Jungbunzlauer.

Food Thickeners Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 11
  • Tables & Figures: 488
  • Countries covered: 24
  • Pages: 300
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