The Europe Food Thickeners Market would witness market growth of 5.2% CAGR during the forecast period (2023-2030). In the year 2020, the Europe market's volume surged to 1,695.7 Kilo Tonnes, showcasing a growth of 5.2% (2019-2022).
Microencapsulation techniques, for example, are being employed to enhance the stability and release of thickeners in specific food formulations. Consumers are increasingly seeking personalized food experiences. This trend is driving the development of customizable thickeners that allow individuals to tailor the texture of their food and beverages according to personal preferences. As health and wellness remain paramount, thickeners, which provide texture and nutritional benefits, are increasingly emphasized. This includes the incorporation of fiber-rich thickeners to enhance the nutritional profile of products.
Baked goods and confectioneries, thickeners contribute to the mouthfeel and stability of icings, fillings, and glazes. The ability to control viscosity is crucial in creating the perfect texture in cakes, pastries, and other sweet treats. Creamy yogurts, luscious puddings, and indulgent ice creams owe much of their appeal to these thickeners. These additives enhance the viscosity and creaminess, ensuring a delightful sensory experience for consumers. They prevent separation and ensure a smooth, appealing texture, elevating the culinary experience. In processed foods, thickeners enhance the texture of soups, gravies, and ready-to-eat meals. Their ability to impart viscosity and stability is crucial for maintaining product integrity during processing and storage.
According to Germany Trade and Invest, the food and beverage industry is the fourth largest industry in Germany, with a production value of 185.3 billion euros in 2020. By production value, the greatest industry segments were dairy products (15.5%), baked goods (9.4%), and confectionery (7.8%). France has a rich culinary tradition with diverse dishes and baked goods. They are utilized in both traditional and innovative French recipes to achieve specific textures, enhance stability, and improve overall culinary experiences. French chefs and food manufacturers are known for culinary innovation and creativity. France has a strong dairy product and dessert industry. All these factors will uplift the regional market’s expansion in coming years.
The Germany market dominated the Europe Food Thickeners Market, by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $1,587.5 million by 2030. The UK market is exhibiting a CAGR of 4.3% during (2023 - 2030). Additionally, The France market would experience a CAGR of 6% during (2023 - 2030).
Based on Type, the market is segmented into Starch, Hydrocolloids, and Protein. Based on Application, the market is segmented into Dairy & Frozen Desserts, Bakery, Convenience & Processed Food, Beverages, Sauces, Dressings, Marinades, & Gravies, and Confectionery. Based on Source, the market is segmented into Plant, Animal, and Microbe. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Food Thickeners Market will Hit $20.9 Billion by 2030, at a CAGR of 5.8%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Cargill, Incorporated, Archer Daniels Midland Company, DuPont de Nemours, Inc., Kerry Group, Plc., Tate & Lyle Plc., Fuerst Day Lawson Ltd., Ingredion Incorporated, Darling Ingredients Inc., Ashland Inc. and CP Kelco U.S., Inc.
By Type (Volume, Kilo Tonnes, USD Billion, 2019-2030)
By Application (Volume, Kilo Tonnes, USD Billion, 2019-2030)
By Source
By Country (Volume, Kilo Tonnes, USD Billion, 2019-2030)
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