Food Thickening Agents Market

Food Thickening Agents Market - Global Market Share, Trends, Analysis and Forecast, 2023-2032
Frequently asked questions about this report

The food thickening agents market size is expected to reach US$ 25.28 Billion by 2032.

The food thickening agents market is expected grow at a CAGR of 6.5% between 2023 to 2032.

The food thickening agents market is being driven by several factors, including increasing demand for convenience foods, rising demand for food products with improved texture and mouthfeel, and the growth of the food and beverage industry.

The food thickening agents market size was estimated to be US$ 13.47 Billion in 2022.

Food thickening agents are largely used in the Beverages, Bakery and Confectionery, Dairy and Frozen Desserts, Convenience and Processed Foods, Sauces, Dressings, and Condiments, others.

North America is the largest market for food thickening agents, driven by factors such as the high demand for convenience and processed foods, the growing demand for clean-label and natural food products, and the presence of established food and beverage companies in the region.

The largest segment in the global food thickening agents market is the Convenience and Processed Foods segment. This is due to the increasing demand for convenience foods worldwide, driven by factors such as busy lifestyles, urbanization, and the rising demand for ready-to-eat meals and snacks.

Archer Daniels Midland Company, Ashland Global Holdings Inc., Cargill, Incorporated, CP Kelco, DuPont de Nemours, Inc., FMC Corporation, Ingredion Incorporated, Kerry Group plc, Koninklijke DSM N.V., Lonza Group AG, Nestlé S.A., PPG Industries, Inc., Tate & Lyle PLC, The Dow Chemical Company, Univar Solutions Inc among others, are the major players in this market.