Food Thickening Agents Market is expected to grow at a compounded annual growth rate (CAGR) of 3.8% from 2022 to 2032

Food Thickening Agents Market is expected to grow at a compounded annual growth rate (CAGR) of 3.8% from 2022 to 2032

The global food thickeners agents market size is estimated to be USD 2.6 Bn in 2022 and is expected to grow at a compounded annual growth rate (CAGR) of 3.8% from 2022 to 2032 and reach a valuation of USD 3.8 Bn by 2032 end.

Health Benefits Pushing Adoption of Food Thickening Agents

Food thickening agents are commonly used for texture and consistency enhancement, without compromising on taste or savory. Moreover, health benefits associated with food thickening agents is also driving the overall sales. Thickens agents such as gums and starches are used a fat replacers, fibre bearing ingredients gums naturally resist digestion whereas starches act as primary energy sources, and the ability to replace high-carb ingredients by reducing the overall calorie content of the food are some key reasons behind enhanced consumption of food thickening agents.

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Consumer inclination towards plant-based food thickening agents is estimated to grow, especially among vegans, in the coming years. Economically priced starch offering high stability and viscosity will make it the fastest growing product segment through 2028.

Application in bakery and confectionary coupled with rising demand for gluten-free bakery products is projected to dominate the global consumption of food thickening agents. The ability of thickening agents to increase the viscosity without altering other taste aspects of the food and beverages and providing an improved mouth feel has made it immensely popular among food manufacturers.

Multiple Functionalities of Food Thickening Agents to Provide Product Innovation Opportunities for Manufacturers

Incidences of medical conditions such as difficulty in swallowing or dysphagia, has led to a greater adoption of food thickening agents as it helps in slowing down the transit of fluids and food, providing more coordination time for the swallowing process. Additionally, cases of dysphagia in infants has created opportunities for food thickening agents manufacturers to come up with innovative baby food, addressing the concern pertaining to rising back of food in the oesophagus, among infants. Since, food thickening agents are also used as stabilizers, providing a longer shelf life to processed food, manufacturers of pet food see this an opportunity to come up with canned food for dogs and cats. Listed in Annex of the Council Directive of Europe, Cassia Gum is considered safe for canned pet foods.

Key Segments Covered

Global Food Thickening Agents Market – By Source

  • Plant
    • Guar Gum
    • Gum Arabic
    • Locust Bean Gum
    • Pectin
    • Starches
    • Other Plant Sources
  • Seaweed
    • Carrageenan
    • Agar
    • Alginate
  • Microbial
    • Gellan Gum
    • Curdlan
    • Xanthan Gum
  • Animal (Gelatin)
  • Synthetic
    • Carboxy Methyl Cellulose
    • Methyl Cellulose

Global Food Thickening Agents Market – By Application

  • Bakery & Confectionery
  • Meat & Poultry
  • Sauces & Dressings
  • Beverages
  • Dairy Products
  • Other Applications

Global Food Thickening Agents Market – By Region

  • North America
  • Western Europe
  • Eastern Europe
  • Latin America
  • Asia Pacific excluding Japan
  • Japan
  • Middle East & Africa

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Frequently Asked Questions

  • How much is the food thickening agents market current worth?
  • At what CAGR is the market expected to grow?
  • How was the performance in the last five years?
  • What is boosting food thickening agent’s sales?
  • How are market players reacting to the new developments in the market?
  • How much share does the top 5 companies hold?
  • Which are the major countries driving demand for food thickening agents?
  • Who are the major players in food thickening agents market?
  • What outlook does North America provide?
  • At what rate will the U.S. food thickening agents market grow?

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Published Wed, 18 May 2022 19:58:16 -0500

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