Food Thickening Agents Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)
The global food thickening agents market has experienced substantial growth during forecat period , culminating in a valuation of US$ 2.8 billion in 2024. A recent study by Fairfield Market Research indicates that the market is set to continue its upward trajectory, reaching a market size of US$ 3.8 billion by the end of 2031.
Key Trends Driving the Demand for Food Thickening Agents
1. Increasing Demand for Food Products with Good Taste and Mouth Feel
Food manufacturers are under pressure to innovate and create new food products while preserving their original taste and quality. Food thickening agents, with their ability to enhance viscosity without altering other properties, have become a preferred choice for food companies seeking to meet consumer expectations for taste and mouthfeel.
2. Rising Prevalence of Swallowing Difficulty among Aging Adults
Dysphagia, or difficulty in swallowing, has become more prevalent, especially among the aging population. Food thickening agents help slow down the transit of fluids and food, providing individuals with dysphagia more time to coordinate the swallowing process. Consequently, people with dysphagia increasingly prefer food products that incorporate these agents to modify the consistency of their meals.
3. Inclination towards Clean Label Ingredients
Consumer awareness regarding food ingredients has led to the rise of clean label products in the food industry. Consumers demand natural and simple ingredients in their food products. Food thickening agents, derived from plant and vegetable sources, align with this demand for products without artificial additives or ingredients.
4. Growing Demand for Food Thickening Agents in Infant Nutrition
The concerns related to dysphagia and gastroesophageal reflux disease have driven the use of food thickening agents in neonatal intensive care units (NICUs) for infants. These agents increase the weight of food without altering its original texture, preventing food from regurgitating in the esophagus. This presents significant opportunities for food thickener manufacturers to cater to the growing demand in the baby feed market.
Challenges in the Adoption of Food Thickening Agents
Fluctuations in Food Thickening Agents Prices
Food thickening agents, primarily those derived from plants, are highly sought after due to the increasing demand for natural food products. However, these thickeners are subject to price fluctuations because of their seasonal harvest and low yields. Additionally, the R&D facilities required for processing these plants into thickeners are not easily accessible, further contributing to increased prices.
Competitive Landscape
The development of new products, production techniques, and strategic initiatives are expected to intensify competition in the global food thickening agents market, resulting in increased market share for key players.
Key Companies Profiled
Cargill Inc.
Archer Daniels Midland Company
Gustav Heese GmbH
Henry Lamotte Oils GmbH
Krishi Oils Limited
Natrol LLC.
AOS Products Pvt. Ltd.
Jajoo Brothers
OPW Ingredients
Spectrum Chemical Mfg. Corp.
Sanmark Corp.
Sarika Ventures Pvt. Ltd.
Alberdingk Boley GmbH
Hangzhou Choisun Bio-tech Co. Ltd.
ECO Overseas
A.G. Industries
Vandeputte Group
Bartoline Ltd.
Grupo Plimon
Merck KGaA
Food Thickening Agents Industry Research Segmentation
By Source:
Plant
Guar Gum
Gum Arabic
Locust Bean Gum
Pectin
Starches
Others
Seaweed
Carrageenan
Agar
Alginate
Microbial
Gellan Gum
Curdlan
Xanthum Gum
Animal (Gelatin)
Synthetic
Carboxy Methyl Cellulose (CMC)
Methyl Cellulose
By Application:
Bakery and Confectionery
Meat & Poultry
Sauces & Dressings
Beverages
Dairy products
Others
By Region:
North America
Latin America
Europe
South Asia & Pacific
East Asia
Middle East & Africa
Table of Contents
1. Executive Summary
1.1. Global Food Thickening Agents Market Snapshot
1.2. Future Projections
1.3. Key Market Trends
1.4. Regional Snapshot, by Value, 2023
1.5. Analyst Recommendations
2. Market Overview
2.1. Market Definitions and Segmentations
2.2. Market Dynamics
2.2.1. Drivers
2.2.2. Restraints
2.2.3. Market Opportunities
2.3. Value Chain Analysis
2.4. Porter's Five Forces Analysis
2.5. COVID-19 Impact Analysis
2.5.1. Supply
2.5.2. Demand
2.6. Impact of Ukraine-Russia Conflict
2.7. Economic Overview
2.7.1. World Economic Projections
2.8. PESTLE Analysis
3. Global Food Thickening Agents Market Outlook, 2018 - 2031
3.1. Global Food Thickening Agents Market Outlook, by Source, Value (US$ Bn), 2018 - 2031
3.1.1. Key Highlights
3.1.1.1. Plant
3.1.1.1.1. Guar Gum
3.1.1.1.2. Gum Arabic
3.1.1.1.3. Locust Bean Gum
3.1.1.1.4. Pectin
3.1.1.1.5. Starches
3.1.1.1.6. Others
3.1.1.2. Seaweed
3.1.1.2.1. Carrageenan
3.1.1.2.2. Agar
3.1.1.2.3. Alginate
3.1.1.2.4. Microbial
3.1.1.2.5. Gellan Gum
3.1.1.2.6. Curdlan
3.1.1.2.7. Xanthum Gum
3.1.1.2.8. Animal (Gelatin)
3.1.1.3. Synthetic
3.1.1.3.1. Carboxy Methyl Cellulose (CMC)
3.1.1.3.2. Methyl Cellulose
3.2. Global Food Thickening Agents Market Outlook, by Application, Value (US$ Bn), 2018 - 2031
3.2.1. Key Highlights
3.2.1.1. Bakery and Confectionery
3.2.1.2. Meat & Poultry
3.2.1.3. Sauces & Dressings
3.2.1.4. Beverages
3.2.1.5. Dairy products
3.2.1.6. Others
3.3. Global Food Thickening Agents Market Outlook, by Region, Value (US$ Bn), 2018 - 2031
3.3.1. Key Highlights
3.3.1.1. North America
3.3.1.2. Europe
3.3.1.3. Asia Pacific
3.3.1.4. Latin America
3.3.1.5. Middle East & Africa
4. North America Food Thickening Agents Market Outlook, 2018 - 2031
4.1. North America Food Thickening Agents Market Outlook, by Source, Value (US$ Bn), 2018 - 2031
4.1.1. Key Highlights
4.1.1.1. Plant
4.1.1.1.1. Guar Gum
4.1.1.1.2. Gum Arabic
4.1.1.1.3. Locust Bean Gum
4.1.1.1.4. Pectin
4.1.1.1.5. Starches
4.1.1.1.6. Others
4.1.1.2. Seaweed
4.1.1.2.1. Carrageenan
4.1.1.2.2. Agar
4.1.1.2.3. Alginate
4.1.1.2.4. Microbial
4.1.1.2.5. Gellan Gum
4.1.1.2.6. Curdlan
4.1.1.2.7. Xanthum Gum
4.1.1.2.8. Animal (Gelatin)
4.1.1.3. Synthetic
4.1.1.3.1. Carboxy Methyl Cellulose (CMC)
4.1.1.3.2. Methyl Cellulose
4.2. North America Food Thickening Agents Market Outlook, by Application, Value (US$ Bn), 2018 - 2031