DUBLIN--(BUSINESS WIRE)--The "Food Thickeners Market by Type - Global Opportunity Analysis and Industry Forecast, 2017-2023" report has been added to Research and Markets' offering.
The global food thickeners market was valued at $10,520 million in 2016, and is expected to grow at a CAGR of 5.2% from 2017 to 2023 to reach $15,150 million by 2023.
Food thickeners or thickening agents provide texture, improve stability, and increase suspension of added ingredient to increase the viscosity of aqueous mixture, without modifying its other properties, specifically taste. In food & beverages applications, thickeners are used to give palatability, texture, bulking, and other properties to food products. These are extensively used in a range of food products such as sauces, seasonings, condiments, soups, meat, poultry, snack foods, cereals, and breakfast.
Factors such as increase in demand for convenience food, rise in disposable income, and the advantages & various functions associated with the use of food thickeners is expected to drive the global market during the forecast period. Further, consumer's inclination towards healthy food and lifestyle is expected to create a major growth opportunity to the global industry players. However, volatile cost and high R&D cost associated with the production of food thickeners may impede the market growth.
The global food thickeners market is segmented based on type, source, application, and region.
The major market players profiled in the report are as follows:
- Archer Daniels Midland Company
- Cargill, Inc.
- E. I. DuPont de Nemours and Company
- Ingredion Incorporated
- Kerry Group Plc.
- CP Kelco
- Darling Ingredients
- Tate & Lyle PLC.
- Ashland Specialty Ingredients
- TIC Gums
Key Topics Covered:
Chapter 1 - Introduction
Chapter 2 - Executive Summary
Chapter 3 - Market Overview
Chapter 4 - Global Food Thickeners Market, By Type
Chapter 5 - Global Food Thickeners Market, By Source
Chapter 6 - Global Food Thickeners Market, By Application
Chapter 7 - Global Food Thickeners Market, By Geography
Chapter 8 - Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/fgk8js/food_thickeners