Brand Story
17 Nov 2022, 15:45 GMT+10
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.
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Key Segments Covered
Global Food Thickening Agents Market - By Source
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Global Food Thickening Agents Market - By Application
Global Food Thickening Agents Market - By Region
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Explore FMI's Other Extensive Reports of Food & Beverage:
Food Encapsulation Market Share : In 2022, the global food encapsulation market projected an estimated worth of USD 5819 Mn. By 2032
Food Additives Market Size : The global Food Additives Market is expected to grow at a CAGR of 6.6%, from USD1800 Mn in the year 2021 to USD 3410 Mn in 2032.
Functional Proteins Market Growth : The global functional proteins market size is estimated to be valued at USD 6.6 billion in 2022 and projected to reach USD 9.8 billion by 2032
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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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The post Rising Demand for Thickening such as Agar in the Bakery and Confectionary Industry Propels the Growth of the Food Thickener Agents Market Says FMI appeared first on Future Market Insights.
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