Food Thickeners: Evolution in Food Industry

Food Thickeners: Evolution in Food Industry

Global Food Thickeners Market is expected to grow at a CAGR of 5.3% By 2030

2021-10-18

Food thickeners, which are often based on polysaccharides or proteins, have been discovered to have an important role in modifying the viscosity of food items. The kind of thickener used might vary greatly. The criteria for consistency vary greatly based on aspects such as flavor, clarity, and environmental conditions. The requirement for food thickeners with strong thickening capabilities to fit a variety of food items is critical to the market's development.

The market is growing as the general public becomes more aware of how food thickeners should be used. Furthermore, a surge in consumer health awareness is likely to create a significant development potential for global industry participants.

Exploring Market Drivers and Restraints

Multifunctionality and Compatibility With Other Ingredients to Drive the Consumption Growth of Food Thickeners

With the increased demand for convenience foods, consumer awareness of a nutritious diet and better lives, and the many functions and benefits associated with the usage of food thickeners, the demand for food thickeners is expected to rise. 

Food thickener manufacturers are constantly investing in and focusing on product innovation to expand their product portfolios and improve functional properties such as flavor, texture, and other organoleptic properties of their products, which is driving the global demand for food thickeners.

Fluctuations in Raw Material Costs

However, significant R&D expenditures involved with the development and production of food thickeners, as well as changes in hydrocolloid raw material prices, are important market limitations.

Emerging Key Trends

Food thickeners may reduce the probability of dysphagia in patients by making swallowing easier. As a consequence, people who have trouble swallowing food due to cancer, injuries, age, or neurological diseases might benefit from the food thickening. 

Food thickeners are also prescribed for babies who cannot digest breast milk. It also assists in the nutritious content of food absorption. Manufacturers of food thickeners are continuously seeking new methods to innovate in order to extend their portfolios and make major investments. All of these causes are driving up the need for food thickeners.

Market Key Players & Competitive Insights

Major market players prioritize new product development through significant R&D investments and innovative technologies to produce high-quality products at low prices. Important players in the food thickeners industry are forming joint ventures, partnerships, mergers, and acquisitions to broaden their geographic reach and strengthen their market position.

Top Companies in the Food Thickeners Market

  • Cargill
  • Archer Daniels Midland Company
  • Ingredion Incorporation
  • Ashland and Dupont

To comprehensively understand the Food Thickeners Market and its growth potential, request a sample report from DataM Intelligence. Obtain valuable insights on market size, growth, market share, market analysis, and more to stay ahead in this competitive industry.

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