Thickening Agents Market: Global Market Estimation, Dynamics, Trends, Competitor Analysis 2015-2020 and Forecast 2021-2027

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Thickening Agents Market: By Source (Plant, Seaweed, Microbial, Animal, and Synthetic), By Application (Bakery & Confectionery, Meat & Poultry, Sauces & Dressings, Beverages, Dairy Products, and Others), By Region – Global Opportunities Forecast 2021-2027

 

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Report

Description

The global thickening agents market size valued at USD 18.05 billion in 2020 and expected to reach USD 24.47 billion by 2027, at a CAGR of 5.7% during the forecast period of 2020-2027. Thickening agents are substances utilized mainly for increasing the thickness of a fluid without altering its other properties. Food and beverages industry have great demand for these agents for increasing the thickness of food and beverages like sauces and soups without changing their tastes too. These agents also work as gelling agents in food products like hams, desserts and jellies. Moreover, they are also used as additives inks in cosmetics, paints and personal hygiene products. Thickening agents act as a stabilizer in personal hygiene products and cosmetics for an liquid. They also prevent clustering and settling in inks and paints. They are segmented into hydrocolloid and mineral thickening agents. Commonly used thickening agents include silica, cellulose, clay and starch. The exciting features of nutritious products such as abundant supply, low price, easy availability and finest functionality make them popular among people. Mounting organic products have the potent to prevent illnesses like blood pressure, diabetes, obesity and high contagion problems in conventional dietary goods which will drive the market till the year 2026.

Thickening Agents Market

MARKET SUMMARY
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5.7% CAGR
  • Study Period– 2021 – 2027
  • Base Year– 2020
  • CAGR– 5.7%
  • Largest Market– Asia-Pacific
  • Fastest Growing Market– North America

Thickening Agents Market

  • The report on global thickening agents market gives historical, current and future market sizes (US$ Bn) based on by source, by application and geographical regions.
  • thickening agents market report gives comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
Key Players
  • Cargill Incorporated
  • CP Kelco
  • Ashland
  • DuPont
  • The Dow Chemical Company
  • BASF SE
  • AKZO Nobel N.V.
Thickening Agents Market

Drivers And Restraints

Thickening agents change thickness in dietary makings consequently they benefit dysphagia sufferers with utilitarian features including ease of swallowing, bolus control and pulmonary aspiration hence booming the global market growth. Thickening agents are chiefly used in bakery application because of their properties like gelling and foaming to give cake and pastry batters proper mixing, low baking time and pH conditions. Increase in the count of specialized bakery product stores supported by growth in house baking developments will create positive effect on the global market. Adoption of healthier diet by consumers also contributes in increasing the market size of thickening agents. Another industry growing factor is increasing need for convenience nutrition products, which increased the use of thickeners because of their features such as palatability and ingredient emulsification hence increasing industry growth.


Asia-Pacific got significant share

Thickening Agents Market

Asia Pacific is among the fastest growing markets for thickening agents. There is growing demand for thickening agents in the regions like Europe and North America also because of the presence of food and beverages manufacturing industries in the regions. There is growing demand for thickening agents in Europe due to the huge manufacturing of paints as well as cosmetics. Because of the growth in food & beverages and Paints & coating industries in Asia Pacific, demand for thickening agents is anticipated to grow in the region. Hence, industry players are investing in the thickening agents greatly in rising countries for the expansion of their market place and share. Demand for thickening agents is increasing day by day due to their huge utilization in diversified functions. Increasing industrializing and changing living of standard are the important factors for increase in cosmetics and paints production and consequently driving the thickening agents market growth during the forecast period.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key


Key


Key

Thickening Agents Market Segmentation


Location

GEOGRAPHY


Report

Table Of Content

Description

The global thickening agents market size valued at USD 18.05 billion in 2020 and expected to reach USD 24.47 billion by 2027, at a CAGR of 5.7% during the forecast period of 2020-2027. Thickening agents are substances utilized mainly for increasing the thickness of a fluid without altering its other properties. Food and beverages industry have great demand for these agents for increasing the thickness of food and beverages like sauces and soups without changing their tastes too. These agents also work as gelling agents in food products like hams, desserts and jellies. Moreover, they are also used as additives inks in cosmetics, paints and personal hygiene products. Thickening agents act as a stabilizer in personal hygiene products and cosmetics for an liquid. They also prevent clustering and settling in inks and paints. They are segmented into hydrocolloid and mineral thickening agents. Commonly used thickening agents include silica, cellulose, clay and starch. The exciting features of nutritious products such as abundant supply, low price, easy availability and finest functionality make them popular among people. Mounting organic products have the potent to prevent illnesses like blood pressure, diabetes, obesity and high contagion problems in conventional dietary goods which will drive the market till the year 2026.

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