Food Thickeners Market by Type (Starch, Protein, and Hydrocolloid), Source (Plant, Animal, and Microbial) and Application (Bakery; Confectionery; Sauces, Dressings, Marinades, & Gravies; Beverages; Dairy & Frozen Desserts; and Convenience & Processed Food) - Global Opportunity Analysis and Industry Forecast, 2017-2023

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.

In 2016, Europe was the leading region, in terms of value, owing to the availability of healthy food products developed by food & beverages manufactures considering consumers’ health. Moreover, consumer demand for healthy and low-fat food boosts growth of in Europe.

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. On the basis of type, it is divided into starch, protein, and hydrocolloid. On the basis of source, it is classified into plant, animal, and microbial. On the basis of application, it is categorized into bakery; confectionery; sauces, dressings, marinades, & gravies; beverages; dairy & frozen desserts; and convenience & processed food. Based on region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

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 BENEFITS FOR STAKEHOLDERS

This report provides an extensive analysis of the current & emerging trends and dynamics of the global food thickeners market.
In-depth analysis of all regions is conducted by constructing the market estimations for key segments between 2017 and 2023 to identify the prevailing opportunities.
The report assists to understand the strategies adopted by the companies for market expansion.
This study evaluates the competitive landscape to understand the market scenario across various regions.
Extensive analysis is conducted by following the key player positioning and monitoring the top competitors within the market framework.

KEY MARKET SEGMENTS

By Type

Starch
Protein
Hydrocolloid

By Source

Plant
Animal
Microbial

By Application

Bakery
Confectionery
Sauces, Dressings, Marinades, & Gravies
Beverages
Dairy & Frozen Desserts
Convenience & Processed Food

By Region

North America
- U.S.
- Canada
- Mexico
Europe
- Germany
- Spain
- UK
- Russia
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- Australia
- Korea
- Rest of Asia-Pacific
LAMEA
- Brazil
- Turkey
- South Africa
- Rest of LAMEA

The other major players in the industry include the following

Fuerst Day Lawson
The Dow Chemical Company
Naturex SA
Medline Industries Inc.

*The above list of companies is not profiled in the report, but can be added based on interest.

CHAPTER 1. INTRODUCTION

1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS
1.3. KEY MARKET SEGMENT
1.4. RESEARCH METHODOLOGY

1.4.1. Secondary Research
1.4.2. Primary Research
1.4.3. Analyst Tool & Model

CHAPTER 2. EXECUTIVE SUMMARY

2.1. MARKET SNAPSHOT
2.2. CXO PERSPECTIVES

CHAPTER 3. MARKET OVERVIEW

3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS

3.2.1. Top Investment Pockets
3.2.2. Top winning strategies

3.3. KEY PLAYER POSITIONING
3.4. PORTERS FIVE FORCES ANALYSIS
3.5. MARKET DYNAMICS

3.5.1. Drivers

3.5.1.1. Increase in demand for convenience food
3.5.1.2. Rise in disposable income
3.5.1.3. Advantages and several functions associated with the use of food thickeners

3.5.2. Restraints

3.5.2.1. Fluctuating prices of food thickeners

3.5.3. Opportunity

3.5.3.1. Consumers inclination towards the healthy food and lifestyle

3.6. MARKET SHARE ANALYSIS, 2016 (%)

CHAPTER 4. GLOBAL FOOD THICKENERS MARKET, BY TYPE

4.1. INTRODUCTION

4.1.1. Market Size and Forecast

4.2. STARCH

4.2.1. Key Market Trends, Growth Factors and Opportunities
4.2.2. Market Size and Forecast

4.3. PROTEIN

4.3.1. Key Market Trends, Growth Factors and Opportunities
4.3.2. Market Size and Forecast

4.4. HYDROCOLLOID

4.4.1. Key Market Trends, Growth Factors and Opportunities
4.4.2. Market Size and Forecast

CHAPTER 5. GLOBAL FOOD THICKENERS MARKET, BY SOURCE

5.1. INTRODUCTION

5.1.1. Market Size and Forecast

5.2. PLANT

5.2.1. Key Market Trends, Growth Factors and Opportunities
5.2.2. Market Size and Forecast

5.3. ANIMAL

5.3.1. Key Market Trends, Growth Factors and Opportunities
5.3.2. Market Size and Forecast

5.4. MICROBIAL

5.4.1. Key Market Trends, Growth Factors and Opportunities
5.4.2. Market Size and Forecast

CHAPTER 6. GLOBAL FOOD THICKENERS MARKET, BY APPLICATION

6.1. INTRODUCTION

6.1.1. Market Size and Forecast

6.2. BAKERY

6.2.1. Key Market Trends, Growth Factors and Opportunities
6.2.2. Market Size and Forecast

6.3. CONFECTIONERY

6.3.1. Key Market Trends, Growth Factors and Opportunities
6.3.2. Market Size and Forecast

6.4. SAUCES, DRESSINGS, MARINADES, AND GRAVIES

6.4.1. Key Market Trends, Growth Factors and Opportunities
6.4.2. Market Size and Forecast

6.5. BEVERAGES

6.5.1. Key Market Trends, Growth Factors and Opportunities
6.5.2. Market Size and Forecast

6.6. DAIRY & FROZEN DESSERTS

6.6.1. Key Market Trends, Growth Factors and Opportunities
6.6.2. Market Size and Forecast

6.7. CONVENIENCE & PROCESSED FOODS

6.7.1. Key Market Trends, Growth Factors and Opportunities
6.7.2. Market Size and Forecast

CHAPTER 7. GLOBAL FOOD THICKENERS MARKET, BY GEOGRAPHY

7.1. INTRODUCTION

7.1.1. Market Size and Forecast

7.2. NORTH AMERICA

7.2.1. Key Market Trends, Growth Factors and Opportunities
7.2.2. Market Size and Forecast
7.2.3. U.S.

7.2.3.1. Market size and forecast, by application

7.2.4. Canada

7.2.4.1. Market size and forecast, by application

7.2.5. Mexico

7.2.5.1. Market size and forecast, by application

7.3. EUROPE

7.3.1. Key Market Trends, Growth Factors and Opportunities
7.3.2. Market Size and Forecast
7.3.3. Germany

7.3.3.1. Market size and forecast, by application

7.3.4. Spain

7.3.4.1. Market size and forecast, by application

7.3.5. UK

7.3.5.1. Market size and forecast, by application

7.3.6. Russia

7.3.6.1. Market size and forecast, by application

7.3.7. France

7.3.7.1. Market size and forecast, by application

7.3.8. Rest of Europe

7.3.8.1. Market size and forecast, by application

7.4. ASIA-PACIFIC

7.4.1. Key Market Trends, Growth Factors and Opportunities
7.4.2. Market Size and Forecast
7.4.3. China

7.4.3.1. Market size and forecast, by application

7.4.4. India

7.4.4.1. Market size and forecast, by application

7.4.5. Japan

7.4.5.1. Market size and forecast, by application

7.4.6. Australia

7.4.6.1. Market size and forecast, by application

7.4.7. Korea

7.4.7.1. Market size and forecast, by application

7.4.8. Rest of Asia-Pacific

7.4.8.1. Market size and forecast, by application

7.5. LAMEA

7.5.1. Key Market Trends, Growth Factors and Opportunities
7.5.2. Market Size and Forecast
7.5.3. Brazil

7.5.3.1. Market size and forecast, by application

7.5.4. Turkey

7.5.4.1. Market size and forecast, by application

7.5.5. South Africa

7.5.5.1. Market size and forecast, by application

7.5.6. Rest of LAMEA

7.5.6.1. Market size and forecast, by application

CHAPTER 8. COMPANY PROFILES

8.1. ARCHER DANIELS MIDLAND COMPANY

8.1.1. Company Overview
8.1.2. Company Snapshot
8.1.3. Operating Business Segments
8.1.4. Business Performance
8.1.5. Key Strategic Moves and Developments

8.2. CARGILL, INC.

8.2.1. Company Overview
8.2.2. Company Snapshot
8.2.3. Operating Business Segments
8.2.4. Business Performance
8.2.5. Key Strategic Moves and Developments

8.3. E. I. DUPONT DE NEMOURS AND COMPANY

8.3.1. Company Overview
8.3.2. Company Snapshot
8.3.3. Operating Business Segments
8.3.4. Business Performance
8.3.5. Key Strategic Moves and Developments

8.4. INGREDION INCORPORATED

8.4.1. Company Overview
8.4.2. Company Snapshot
8.4.3. Operating Business Segments
8.4.4. Business Performance
8.4.5. Key Strategic Moves and Developments

8.5. KERRY GROUP PLC.

8.5.1. Company Overview
8.5.2. Company Snapshot
8.5.3. Operating Business Segments
8.5.4. Business Performance
8.5.5. Key Strategic Moves and Developments

8.6. CP KELCO

8.6.1. Company Overview
8.6.2. Company Snapshot
8.6.3. Operating Business Segments
8.6.4. Business Performance
8.6.5. Key Strategic Moves and Developments

8.7. DARLING INGREDIENTS

8.7.1. Company Overview
8.7.2. Company Snapshot
8.7.3. Operating Business Segments
8.7.4. Business Performance
8.7.5. Key Strategic Moves and Developments

8.8. TATE & LYLE PLC.

8.8.1. Company Overview
8.8.2. Company Snapshot
8.8.3. Operating Business Segments
8.8.4. Business Performance
8.8.5. Key Strategic Moves and Developments

8.9. ASHLAND SPECIALTY INGREDIENTS

8.9.1. Company Overview
8.9.2. Company Snapshot
8.9.3. Operating Business Segments
8.9.4. Business Performance
8.9.5. Key Strategic Moves and Developments

8.10. TIC GUMS

8.10.1. Company Overview
8.10.2. Company Snapshot
8.10.3. Operating Business Segments
8.10.4. Business Performance
8.10.5. Key Strategic Moves and Developments

List of Tables

TABLE 1. GLOBAL FOOD THICKENERS MARKET VALUE, BY TYPE, 2016-2023 ($MILLION)
TABLE 2. GLOBAL STARCH FOOD THICKENERS MARKET VALUE, BY REGION, 2016-2023 ($MILLION)
TABLE 3. GLOBAL PROTEIN FOOD THICKENERS MARKET VALUE, BY REGION, 2016-2023 ($MILLION)
TABLE 4. GLOBAL HYDROCOLLOID FOOD THICKENERS MARKET VALUE, BY REGION, 2016-2023 ($MILLION)
TABLE 5. GLOBAL FOOD THICKENERS MARKET VALUE, BY SOURCE, 2016-2023 ($MILLION)
TABLE 6. GLOBAL PLANT FOOD THICKENERS MARKET VALUE, BY REGION, 2016-2023 ($MILLION)
TABLE 7. GLOBAL ANIMAL FOOD THICKENERS MARKET VALUE, BY REGION, 2016-2023 ($MILLION)
TABLE 8. GLOBAL MICROBIAL FOOD THICKENERS MARKET VALUE, BY REGION, 2016-2023 ($MILLION)
TABLE 9. GLOBAL FOOD THICKENERS MARKET VALUE, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 10. GLOBAL FOOD THICKENERS IN BAKERY MARKET VALUE, BY REGION, 2016-2023 ($MILLION)
TABLE 11. GLOBAL FOOD THICKENERS IN CONFECTIONERY MARKET VALUE, BY REGION, 2016-2023 ($MILLION)
TABLE 12. GLOBAL FOOD THICKENERS IN SAUCES, DRESSINGS, MARINADES, AND GRAVIES MARKET VALUE, BY REGION, 2016-2023 ($MILLION)
TABLE 13. GLOBAL FOOD THICKENERS IN BEVERAGES MARKET VALUE, BY REGION, 2016-2023 ($MILLION)
TABLE 14. GLOBAL FOOD THICKENERS IN DAIRY & FROZEN DESSERTS FOOD MARKET VALUE, BY REGION, 2016-2023 ($MILLION)
TABLE 15. GLOBAL FOOD THICKENERS IN CONVENIENCE & PROCESSED FOODS MARKET VALUE, BY REGION, 2016-2023 ($MILLION)
TABLE 16. GLOBAL FOOD THICKENERS MARKET VALUE, BY REGION, 2016-2023 ($MILLION)
TABLE 17. NORTH AMERICA FOOD THICKENERS MARKET VALUE, BY TYPE, 2016-2023 ($MILLION)
TABLE 18. NORTH AMERICA FOOD THICKENERS MARKET VALUE, BY SOURCE, 2016-2023 ($MILLION)
TABLE 19. NORTH AMERICA FOOD THICKENERS MARKET VALUE, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 20. NORTH AMERICA FOOD THICKENERS MARKET VALUE, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 21. U.S. FOOD THICKENERS MARKET VALUE, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 22. CANADA FOOD THICKENERS MARKET VALUE, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 23. MEXICO FOOD THICKENERS MARKET VALUE, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 24. EUROPE FOOD THICKENERS MARKET VALUE, BY TYPE, 2016-2023 ($MILLION)
TABLE 25. EUROPE FOOD THICKENERS MARKET VALUE, BY SOURCE, 2016-2023 ($MILLION)
TABLE 26. EUROPE FOOD THICKENERS MARKET VALUE, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 27. EUROPE FOOD THICKENERS MARKET VALUE, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 28. GERMANY FOOD THICKENERS MARKET VALUE, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 29. SPAIN FOOD THICKENERS MARKET VALUE, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 30. UK FOOD THICKENERS MARKET VALUE, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 31. RUSSIA FOOD THICKENERS MARKET VALUE, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 32. FRANCE FOOD THICKENERS MARKET VALUE, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 33. REST OF EUROPE FOOD THICKENERS MARKET VALUE, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 34. ASIA-PACIFIC FOOD THICKENERS MARKET VALUE, BY TYPE, 2016-2023 ($MILLION)
TABLE 35. ASIA-PACIFIC FOOD THICKENERS MARKET VALUE, BY SOURCE, 2016-2023 ($MILLION)
TABLE 36. ASIA-PACIFIC FOOD THICKENERS MARKET VALUE, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 37. ASIA-PACIFIC FOOD THICKENERS MARKET VALUE, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 38. CHINA FOOD THICKENERS MARKET VALUE, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 39. INDIA FOOD THICKENERS MARKET VALUE, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 40. JAPAN FOOD THICKENERS MARKET VALUE, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 41. AUSTRALIA FOOD THICKENERS MARKET VALUE, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 42. KOREA FOOD THICKENERS MARKET VALUE, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 43. REST OF ASIA-PACIFIC FOOD THICKENERS MARKET VALUE, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 44. LAMEA FOOD THICKENERS MARKET VALUE, BY TYPE, 2016-2023 ($MILLION)
TABLE 45. LAMEA FOOD THICKENERS MARKET VALUE, BY SOURCE, 2016-2023 ($MILLION)
TABLE 46. LAMEA FOOD THICKENERS MARKET VALUE, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 47. LAMEA FOOD THICKENERS MARKET VALUE, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 48. BRAZIL FOOD THICKENERS MARKET VALUE, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 49. TURKEY FOOD THICKENERS MARKET VALUE, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 50. SOUTH AFRICA FOOD THICKENERS MARKET VALUE, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 51. REST OF LAMEA FOOD THICKENERS MARKET VALUE, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 52. ARCHER DANIELS MIDLAND COMPANY: COMPANY SNAPSHOT
TABLE 53. ARCHER DANIELS MIDLAND COMPANY: OPERATING SEGMENTS
TABLE 54. CARGILL, INC.: COMPANY SNAPSHOT
TABLE 55. CARGILL, INC.: OPERATING SEGMENTS
TABLE 56. E. I. DUPONT DE NEMOURS AND COMPANY: COMPANY SNAPSHOT
TABLE 57. E. I. DUPONT DE NEMOURS AND COMPANY: OPERATING SEGMENTS
TABLE 58. INGREDION INCORPORATED: COMPANY SNAPSHOT
TABLE 59. INGREDION INCORPORATED: OPERATING SEGMENTS
TABLE 60. KERRY GROUP PLC.: COMPANY SNAPSHOT
TABLE 61. KERRY GROUP PLC.: OPERATING SEGMENTS
TABLE 62. CP KELCO: COMPANY SNAPSHOT
TABLE 63. CP KELCO: OPERATING SEGMENTS
TABLE 64. DARLING INGREDIENTS: COMPANY SNAPSHOT
TABLE 65. DARLING INGREDIENTS: OPERATING SEGMENTS
TABLE 66. TATE & LYLE PLC: COMPANY SNAPSHOT
TABLE 67. TATE & LYLE PLC: OPERATING SEGMENTS
TABLE 68. ASHLAND SPECIALTY INGREDIENTS: COMPANY SNAPSHOT
TABLE 69. ASHLAND SPECIALTY INGREDIENTS: OPERATING SEGMENTS
TABLE 70. TIC GUMS: COMPANY SNAPSHOT
TABLE 71. TIC GUMS: OPERATING SEGMENTS

List of Figures

FIGURE 1. GLOBAL FOOD THICKENERS MARKET: SEGMENTATION
FIGURE 2. GLOBAL FOOD THICKENERS MARKET SHARE, BY TYPE, 2016 (%)
FIGURE 3. TOP INVESTMENT POCKETS, BY APPLICATION
FIGURE 4. TOP WINNING STRATEGIES
FIGURE 5. BARGAINING POWER OF SUPPLIERS
FIGURE 6. BARGAINING POWER OF BUYERS
FIGURE 7. THREAT OF NEW ENTRANTS
FIGURE 8. THREAT OF SUBSTITUTES
FIGURE 9. COMPETITIVE RIVALRY
FIGURE 10. U.S. FOOD THICKENERS MARKET VALUE, 2016-2023 ($MILLION)
FIGURE 11. CANADA FOOD THICKENERS MARKET VALUE, 2016-2023 ($MILLION)
FIGURE 12. MEXICO FOOD THICKENERS MARKET VALUE, 2016-2023 ($MILLION)
FIGURE 13. GERMANY FOOD THICKENERS MARKET VALUE, 2016-2023 ($MILLION)
FIGURE 14. SPAIN FOOD THICKENERS MARKET VALUE, 2016-2023 ($MILLION)
FIGURE 15. UK FOOD THICKENERS MARKET VALUE, 2016-2023 ($MILLION)
FIGURE 16. RUSSIA FOOD THICKENERS MARKET VALUE, 2016-2023 ($MILLION)
FIGURE 17. FRANCE FOOD THICKENERS MARKET VALUE, 2016-2023 ($MILLION)
FIGURE 18. REST OF EUROPE FOOD THICKENERS MARKET VALUE, 2016-2023 ($MILLION)
FIGURE 19. CHINA FOOD THICKENERS MARKET VALUE, 2016-2023 ($MILLION)
FIGURE 20. INDIA FOOD THICKENERS MARKET VALUE, 2016-2023 ($MILLION)
FIGURE 21. JAPAN FOOD THICKENERS MARKET VALUE, 2016-2023 ($MILLION)
FIGURE 22. AUSTRALIA FOOD THICKENERS MARKET VALUE, 2016-2023 ($MILLION)
FIGURE 23. KOREA FOOD THICKENERS MARKET VALUE, 2016-2023 ($MILLION)
FIGURE 24. REST OF ASIA-PACIFIC FOOD THICKENERS MARKET VALUE, 2016-2023 ($MILLION)
FIGURE 25. BRAZIL FOOD THICKENERS MARKET VALUE, 2016-2023 ($MILLION)
FIGURE 26. TURKEY FOOD THICKENERS MARKET VALUE, 2016-2023 ($MILLION)
FIGURE 27. SOUTH AFRICA FOOD THICKENERS MARKET VALUE, 2016-2023 ($MILLION)
FIGURE 28. REST OF LAMEA FOOD THICKENERS MARKET VALUE, 2016-2023 ($MILLION)

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