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The Asia Pacific Food Thickeners Market would witness market growth of 6% CAGR during the forecast period (2017 - 2023). Food thickeners or thickening agents are added into a mixture or foodstuff to raise the viscosity while still maintaining the other properties. Growing demand for convenience food, rising disposable income among the middle-class population, and the benefits & other functions associated with the use of food thickeners are the factors that are driving the growth off the global food thickeners market. Additionally, a growing health-conscious population would present a potential market for the industry participants.
Nevertheless, price fluctuations of food thickeners and significant R&D cost would limit the growth during the forecast period. Based on Product, the market report segments the market into Starch, Hydrocolloids, and Protein. Based on End User, the market report segments the market into Dairy, Beverages, Bakery, Confectionery, and Others. Based on Countries, the Food Thickeners market segments the market into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the Food Thickeners Market. Key companies profiled in the report include Cargill, Inc., Archer Daniels Midland Company, E. I. Du Pont De Nemours and Company, Kerry Group Plc., Ingredion Incorporated, Tate & Lyle Plc., Darling Ingredients Inc., Ashland Asia Pacific Holdings Inc., Fuerst Day Lawson Ltd., and CP Kelco.