According to a new report, published by KBV research, The Global Food Thickeners Market size is expected to reach $20.9 billion by 2030, rising at a market growth of 5.8% CAGR during the forecast period. In the year 2022, the market attained a volume of 7,181.2 Kilo Tonnes, experiencing a growth of 5.6% (2019-2022).
The Hydrocolloids segment is registering a CAGR of 5.6% during (2023 - 2030). Hydrocolloids exhibit a remarkable versatility in their functionality, making them suitable for various food and beverage applications. From enhancing the texture of dairy products to stabilizing sauces, dressings, and beverages, hydrocolloids provide a versatile solution that aligns with the diverse needs of food manufacturers. These ingredients can replace traditional thickeners that may contain gluten or allergens, expanding the market reach to a broader consumer base. Additionally, they often exhibit synergy with other ingredients, enhancing their overall functionality and allowing for precise control over the texture and consistency of the final product.
The Dairy & Frozen Desserts segment is leading the Global Food Thickeners Market, by Application in 2022; thereby, achieving a market value of $6.1 billion by 2030, growing at a CAGR of 4.9 % during the forecast period. Thickeners are commonly used in dairy products such as yogurt, cream, and puddings to improve texture, mouthfeel, and consistency. They enhance the overall sensory experience, making the products more appealing. Thickeners contribute to the smooth and creamy texture of ice creams and frozen desserts. They help prevent ice crystal formation, ensuring a desirable consistency even when the product is stored at low temperatures.
The Animal segment is experiencing a CAGR of 6.3% during (2023 - 2030). Gelatin, derived from animal collagen, is a widely used gelling agent. It provides unique textural properties, including gelling and thickening capabilities, making it suitable for various applications such as desserts, gummy candies, and certain dairy products. Gelatin contributes to confectionery products' smooth and elastic texture, like marshmallows, gummies, and fruit snacks. Its ability to create a desirable mouthfeel and texture makes it a preferred choice in certain applications.
The Europe region dominated the Global Food Thickeners Market, by Region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $7.2 billion by 2030. The Asia Pacific region is poised to grow a CAGR of 6.3% during (2023 - 2030). Additionally, The North America region is anticipating a CAGR of 5.3% during (2023 - 2030).
Full Report: https://www.kbvresearch.com/food-thickeners-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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 Geography (Volume, Kilo Tonnes, USD Billion, 2019-2030)
Companies Profiled
Unique Offerings 
