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<strong>Food</strong> <strong>Thickener</strong> <strong>Market</strong> Forecast to 2022<br />
Detailed in New Research Report<br />
<strong>Market</strong> Overview:<br />
The increasing sale of food thickeners is driven by the increase in demand for stable food product with<br />
high consistency. Improvement in economic conditions in various regions have influenced the food<br />
consumption pattern of the consumers leading to increase in consumption of bakery, confectionery and<br />
frozen dessert products. Raise in consumption of these products has a direct impact on the growth of<br />
food thickeners industry. The share of Asia-Pacific region in the food thickener market is evaluated to<br />
increase based on the growing demand for convenience food in the developed countries of the region.<br />
Globally the <strong>Food</strong> <strong>Thickener</strong>s market share in manufacturing of soups and gravies is estimated to<br />
escalate at a higher growth rate supported by the rising demand of ready-to-eat and frozen food meals. .<br />
In addition, the application of hydrocolloids in food industries is projected to increase at a higher CAGR<br />
which will include the usage of unconventional food thickeners. Use of protein as a source of food<br />
thickeners also has a potential for growth as consumers have a high demand to increase the overall<br />
protein content of the food products available commercially. Application of thickener in beverage also<br />
holds a significant share. Thus, the consumption of <strong>Food</strong> <strong>Thickener</strong>s is anticipated to experience a surge<br />
based on its multi-purpose applications of these thickeners also as a food stabilizer in various industries.<br />
Based on all these factors, the food thickeners market is calculated to grow at the CAGR of 4.5% during<br />
2016-2022.<br />
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Major Key Players:<br />
The major key players in <strong>Food</strong> <strong>Thickener</strong>s <strong>Market</strong> are<br />
<br />
<br />
<br />
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Cargill (U.S.)<br />
Tate & Lyle PLC (U.K.)<br />
Archer Daniels Midland (U.S.)<br />
Ingredion Incorporated (U.S.)<br />
E. I. du Pont de Nemours and Company (U.S.)<br />
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Kerry Group Plc (Ireland)<br />
TIC Gums (U.S.)<br />
Downstream Analysis-<br />
Application of <strong>Food</strong> <strong>Thickener</strong>s is high in bakery and confectionery industries followed by frozen dessert<br />
and dairy industries. <strong>Food</strong> <strong>Thickener</strong>s constitutes major segment in the manufacturing of the end<br />
products of these industries. <strong>Food</strong> thickeners produced from microorganisms is growing at a steady rate<br />
based on the increased focus on R &D in the food and beverage industries. Use of microorganisms in for<br />
production of these food ingredients is fueling up. Agar, Gelatin and xanthan gum are used more<br />
commonly even for household food preparations.<br />
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Regional Analysis<br />
The global food thickeners market is segmented into North America, Europe, Asia Pacific, and rest of the<br />
world (ROW). Among these North America region has the major market share followed by Europe. U.S. is<br />
amongst the major consumer of food products which have food thickeners as a major content. Increasing<br />
demands of ready-to-eat meals and drinks is supporting the growth of food thickeners market share in<br />
developed countries of North America and Europe region. Japan, Canada, Belgium, U.K. and Germany<br />
are the major importers of food thickeners. Key players are mainly focused on increasing their market<br />
share by supplying to food and beverage and ready-to-eat meal manufacturers as food thickeners is used<br />
as a common and most widely used ingredients in these industries.<br />
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