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Food Thickening Agents Market

Market Insights on Food Thickening Agents covering sales outlook, demand forecast & up-to-date key trends

Food Thickeners Agents Market by Source (Plant, Seaweed, Microbial, Animal, Synthetic) & Region - Forecast 2022 - 2032

Food Thickeners Agents Market - Overview

[350 Pages Report] The global food thickeners agents market size is estimated to be USD 2.6 Bn in 2022 and is expected to grow at a compounded annual growth rate (CAGR) of 3.8% from 2022 to 2032 and reach a valuation of USD 3.8 Bn by 2032 end.

Attribute

Details

Market Size Value in 2022

USD 2.6 Bn

Market Forecast Value in 2032

USD 3.8 Bn

Global Growth Rate

3.8%

Forecast Period

2022-2032

Consumer preferences are constantly varying, and there is a continual shift toward convenience foods. Factors such as a busy lifestyle, the retail industry's increasing traction, introduction of new conveniently packaged food products along with added nutritional benefits, and high demand for ready-to-eat products are all driving market revenue growth for processed foods.

Market expansion is being fuelled by a rise in global exports and imports, as well as trade operations associated to processed foods, all of which are aimed at enhancing and maintaining food quality and cleanliness.

The ability of agar gels to survive extreme temps is boosting their appeal and choice in the confectionery and baking business as a stabiliser and thickening in pie icings and fillings. Agars developed from Gracilaria chilensis, in particular, are commonly employed in high-sugar confectionary, such as fruit sweets. Because agar has no flavour and has no effect on the taste of foods, its use in various food and beverage items is growing.

During the forecast period, rising demand for dressings and sauces is likely to fuel market expansion. Hydrocolloids are thickening agents used in sauces. Alginates, locust bean gum, and starches are widely used to replace synthetic waxes like sorbitan monostearate and polyoxyethylene. Alginates, locust bean gum, and xanthan gum are used to thicken dressings, whereas starch is used to thicken sauces. Various thickeners, including gum Arabic, are employed in sauces and dressings depending on thickener accessibility. Multi-functional flours are used as thickening ingredients in commercial sauces.

In the near future, rising demand for non-alcoholic beverages is likely to boost market revenue growth. In a variety of beverage applications, food thickeners such as xanthan gum, agar, alginate, and CMC are often used. Aside from that, thickeners like arabinogalactan are used by numerous beverage manufacturers (bio-polymer). The thickening process for beverages includes procedures such as suspended, clinging, mouthfeel, pour, pump, and sprays. Food thickeners are commonly used in fruit-based drinks around the world.

However, high R&D expenditures incurred by food thickener manufacture, as well as volatility in prices of hydrocolloid raw material, are likely to stifle revenue growth in the worldwide food thickeners agents market throughout the forecast period.

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Regional Analysis

Due to rising demand for food thickeners in countries like the United States, Canada, and Mexico, North America is likely to account for a greater revenue share among other markets during the forecast period. The highly developed food and beverage industries in these nations are projected to continue to drive revenue growth in the North American market.

Food thickeners are in high demand because to the strong presence of many worldwide food processing and production enterprises. Muffins, cakes, and pastries have seen an increase in popularity in North America in recent years. Companies in the baking and confectionery industries are introducing innovations into their offerings by using various thickeners, which is projected to enhance market growth.

Food Thickening Agents Market Download Report Brochure

During the forecast period, Europe is anticipated to have a significantly consistent revenue growth rate. In Europe, demand for food thickeners is likely to be driven by a well-developed bakery and confectionery sector, as well as increased consumer demand for related products.

In the future, rising demand for energy drinks and packaged juice is likely to drive market revenue growth. Several food thickener companies in Europe export value-added goods such mixtures of various thickeners and flavour additives. The majority of exporters are based in Western Europe, whereas producers are expanding their footprint in Eastern Europe.

Category-Wise Insights

Plant-based Food Thickening Agents Exhibit High Growth

Due to the rising popularity of vegan foods, food thickeners made from plants are in great demand among customers, notably in the confectionery, bakery, and packaged food industries. The segment's revenue growth is predicted to be aided by the easy availability of raw materials for the development of food thickeners derived from plants.

 Because of their great effectiveness and low cost, plant-based components are the most extensively used ingredients in most applications, including bakery, confectionery, and ready-to-eat meals. Corn-starch, agar, tapioca, pectin, xanthan gum, and rice flour are some of the most often used plant-based food thickeners

Bakery and Confectionery Segment to drive Food Thickeners Market

Bakery is predicted to lead the global market in terms of revenue contribution over the forecast period, based on application. This segment's sales is predicted to expand due to rising demand for organic baked goods and a quick shift toward healthier snacks. Cakes, pizzas, brownies, cookies and bread are just a few of the baked goods that contain food thickeners.

The most common use of hydrocolloid-based food thickeners is in bakery items. Food thickeners provide the appropriate viscosity without compromising nutritious content, and such products are frequently used in fruit pulps and energetic beverages, hence revenue in the beverages category is predicted to grow at a considerable CAGR throughout the forecast period.

The adoption of a healthy lifestyle by consumers has resulted in an increase in demand for healthy drinks, which will drive demand for food thickeners in beverages application.

Nandini Roy Choudhury
Principal Consultant
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Competition Landscape: Top Food Thickener Manufacturers

Top manufacturers have been attempting to build a foothold in the industry by expanding regionally. In the food thickeners manufacturing business, key players are using numerous strategies, including strategic agreements, mergers and acquisitions, and contracts, adopting more advanced technologies, and creating, testing, and releasing new and more efficient food thickeners.

According to the market research Cargill Inc., Ingredion Incorporated., Archer Daniels Midland Company, Kerry Group plc, DuPont de Nemours Inc., Tate & Lyle PLC, TIC Gums, Inc., CP Kelco U.S., Medline Industries, Inc., Inc., Fuerst Day Lawson Limited, are among the key players in the Micronized Salt market.

Scope of Report

Attribute

Details

Market Size Value in 2022

USD 2.6 Bn

Market Forecast Value in 2032

USD 3.8 Bn

Global Growth Rate

3.8%

Forecast Period

2022-2032

Historical Data Available for

2017-2021

Market Analysis

MT for Volume and USD Bn for Value.

Key Regions Covered

North America, Latin America, Europe, East Asia, South Asia, Oceania and Middle East and Africa

Key Countries Covered

United States, Canada, Brazil, Mexico, Germany, UK, France, Italy, Spain, Nordic, Russia, Poland, China, India, Thailand, Indonesia, Australia and New Zealand, Japan, GCC countries, North Africa, South Africa, others.

Key Market Segments Covered

Source, Application, and Region

Key Companies Profiled

Pricing

Available upon Request

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Key Segments Covered

By Source:

  • Plant
    • Guar Gum
    • Gum Arabic
    • Locust Bean Gum
    • Pectin
    • Starches
    • Other Plant Sources
  • Seaweed
    • Carrageenan
    • Agar
    • Alginate
  • Microbial
    • Gellan Gum
    • Curdlan
    • Xanthan Gum
  • Animal (Gelatin)
  • Synthetic
    • Carboxy Methyl Cellulose
    • Methyl Cellulose

By Application:

  • Bakery & Confectionery
  • Meat & Poultry
  • Sauces & Dressings
  • Beverages
  • Dairy Products
  • Other Applications

By Region:

  • North America
  • Western Europe
  • Eastern Europe
  • Latin America
  • Asia Pacific excluding Japan
  • Japan
  • Middle East & Africa

Frequently Asked Questions

Currently food thickening agents market is worth more than USD 2.5 Bn.

Food thickening agents’ consumption is expected to grow at a CAGR of around 3.8% during the period 2022-2032.

In terms of revenue, food thickening agents grew at a CAGR of around 2.5% during 2017-2021

The primary factor driving the growth of the food thickening agents market is the rising appeal in the processed food industry due to its consistency and purity.

Market players are opting for technological advancement, new product developments and production capacity expansion.

The top 5 producers of food thickening agents hold around 15-17% of the market share.

The US, and UK are the major countries driving demand for food thickening agents.

The major players involved in the food thickening agents market are Cargill Inc. , Ingredion Incorporated., Archer Daniels Midland Company , Kerry Group plc, DuPont de Nemours Inc., Tate & Lyle PLC, TIC Gums, Inc., CP Kelco U.S., Medline Industries, Inc. , Inc., Fuerst Day Lawson Limited.

North America holds around 36.5% of the total food thickening agents’ revenue share.

US food thickening agents market is projected to grow at a CAGR of around 3.5% over the next ten years.

Table of Content

1. Market Overview

    1.1. Market Coverage / Taxonomy

    1.2. Market Definition / Scope / Limitations

2. The Massive Impact of the Crisis

    2.1. Global Food Thickening Agent Market Forecast Scenario Comparison of Annual Growth Rates for Short Term (2022-2025) and Long Term (2026-2032)

        2.1.1. Optimistic Scenario

            2.1.1.1. China

            2.1.1.2. US

            2.1.1.3. India

            2.1.1.4. Euro Zone

            2.1.1.5. Asia Pacific 

            2.1.1.6. Rest of the World

        2.1.2. Likely Scenario

            2.1.2.1. China

            2.1.2.2. US

            2.1.2.3. India

            2.1.2.4. Euro Zone

            2.1.2.5. Asia Pacific 

            2.1.2.6. Rest of the World

        2.1.3. Pessimistic Scenario

            2.1.3.1. China

            2.1.3.2. US

            2.1.3.3. India

            2.1.3.4. Euro Zone

            2.1.3.5. Asia Pacific 

            2.1.3.6. Rest of the World

    2.2. Key Factors Impacting the Market

    2.3. Note: Market Assessment shall be Provided for Likely Scenario

3. Market Background

    3.1. Global Food Thickening Agent Production Outlook 

    3.2. Import and Export Overview: Food Thickening Agent Market 

    3.3. Application Opportunities of Food Thickening Agent 

    3.4. Product Claims & Nutritional Information Scan by Buyers

    3.5. Macro-Economic Factors

    3.6. Forecast Factors - Relevance & Impact

    3.7. Consumers Survey Analysis

    3.8. Market Dynamics

        3.8.1. Supply Side Drivers

        3.8.2. Demand Side drivers

        3.8.3. Economic Side Drivers

        3.8.4. Restraints

        3.8.5. Opportunity

        3.8.6. Trends

4. Key Regulations

    4.1. FDA Regulations 

    4.2. EU Regulations 

    4.3. Packaging & Labelling Regulations

    4.4. Certifications and Certifying Agency Overview

    4.5. Import/Export Policies

5. Global Food Thickening Agent Market- Production and Trade Analysis

    5.1. Total Production Volume (MT), (2022E)

        5.1.1. North America

        5.1.2. Latin America

        5.1.3. Europe

        5.1.4. East Asia

        5.1.5. South Asia

        5.1.6. Oceania

        5.1.7. Middle East and Africa (MEA)

    5.2. Food Thickening Agent Market- Exports to the World

        5.2.1. Key Exporting Countries/Regions- Market Share Analysis (2022E)

        5.2.2. Value (USD Bn) of Export/ Volume (MT) of Export

    5.3. Food Thickening Agent Market- Imports to the World

        5.3.1. Key importing Countries/Regions- Market Share Analysis (2022E)

        5.3.2. Value (USD Bn) of Import/ Volume (MT) of Import

    5.4. Comparative Analysis of Brands by Key Importing Countries

    5.5. Global Food Thickening Agent Market- Supply Demand Scenario (Global Production, Sales, Import, Export)

6. Global Food Thickening Agent Market Demand Analysis 2017-2021 and Forecast, 2022-2032

    6.1. Historical Market Volume (Metric Tons) Analysis, 2017-2021 

    6.2. Current and Future Market Volume (Metric Tons) Projections, 2022-2032

    6.3. Y-o-Y Growth Trend Analysis 2022-2032

7. Global Food Thickening Agent Market - Pricing Analysis

    7.1. Regional Pricing Analysis (USD/Metric Ton) By Application (2017,2022,2032)

        7.1.1. Purity 98% - 99.5%

        7.1.2. Purity Above 99.5%

    7.2. Pricing Break-up (2017,2022,2032)

        7.2.1. Producer Level Pricing

        7.2.2. Distributor Level Pricing

        7.2.3. Retailer Level Pricing

    7.3. Global Average Pricing Analysis Benchmark

8. Global Food Thickening Agent Market Demand (Size in USD Bn) Analysis 2017-2021 and Forecast, 2022-2032

    8.1. Historical Market Value (USD Bn) Analysis, 2017-2021 

    8.2. Current and Future Market Value (USD Bn) Projections, 2022-2032

        8.2.1. Y-o-Y Growth Trend Analysis

        8.2.2. Absolute $ Opportunity Analysis

9. Global Food Thickening Agent Market Analysis 2017-2021 and Forecast 2022-2032, By Application

    9.1. Introduction / Key Findings

    9.2. Historical Market Size (USD Bn) and Volume Analysis By Application, 2017-2021 

    9.3. Current and Future Market Size (USD Bn) and Volume Analysis and Forecast By Application, 2022-2032

        9.3.1. Bakery & Confectionery

        9.3.2. Meat & Poultry

        9.3.3. Sauces & Dressings

        9.3.4. Beverages

        9.3.5. Dairy Products

        9.3.6. Others 

    9.4. Market Attractiveness Analysis By Application

10. Global Food Thickening Agent Market Analysis 2017-2021 and Forecast 2022-2032, By Source

    10.1. Introduction / Key Findings

    10.2. Historical Market Size (USD Bn) and Volume Analysis By Source, 2017-2021 

    10.3. Current and Future Market Size (USD Bn) and Volume Analysis and Forecast By Source, 2022-2032

        10.3.1. Plant

            10.3.1.1. Guar Gum

            10.3.1.2. Pectin

            10.3.1.3. Gum Arabic

            10.3.1.4. Locust Bean Gum

            10.3.1.5. Starches

            10.3.1.6. Others

        10.3.2. Seaweed

            10.3.2.1. Alginate

            10.3.2.2. Agar

            10.3.2.3. Carrageenan

        10.3.3. Microbial

            10.3.3.1. Curdlan

            10.3.3.2. Gellan Gum

            10.3.3.3. Xanthum Gum

        10.3.4. Animal (Gelatin)

        10.3.5. Synthetic

            10.3.5.1. Methyl Cellulose

            10.3.5.2. Carboxy Methyl Cellulose (CMC)

    10.4. Market Attractiveness Analysis By Source

11. Global Food Thickening Agent Market Analysis 2017-2021 and Forecast 2022-2032, By Region

    11.1. Introduction / Key Findings

    11.2. Historical Market Size (USD Bn) and Volume Analysis By Region, 2017-2021 

    11.3. Current and Future Market Size (USD Bn) and Volume Analysis and Forecast By Region, 2022-2032

        11.3.1. North America

        11.3.2. South America

        11.3.3. Europe

        11.3.4. East Asia

        11.3.5. South Asia

        11.3.6. Oceania

        11.3.7. MEA

    11.4. Market Attractiveness Analysis By Region

12. North America Food Thickening Agent Market Analysis 2017-2021 and Forecast 2022-2032

    12.1. Introduction

    12.2. Pricing Analysis

    12.3. Historical Market Size (USD Bn) and Volume Trend Analysis By Market Taxonomy, 2017-2021 

    12.4. Market Size (USD Bn) and Volume Forecast By Market Taxonomy, 2022 - 2032

        12.4.1.  By Country

            12.4.1.1. U.S.

            12.4.1.2. Canada

        12.4.2. By Application

        12.4.3. By Source

    12.5. Market Attractiveness Analysis

        12.5.1. By Application

        12.5.2. By Source

    12.6. Market Trends

    12.7. Key Market Participants - Intensity Mapping

    12.8. Drivers and Restraints - Impact Analysis

13. Latin America Food Thickening Agent Market Analysis 2017-2021 and Forecast 2022-2032

    13.1. Introduction

    13.2. Pricing Analysis

    13.3. Historical Market Size (USD Bn) and Volume Trend Analysis By Market Taxonomy, 2017-2021 

    13.4. Market Size (USD Bn) and Volume Forecast By Market Taxonomy, 2022 - 2032

        13.4.1.  By Country

            13.4.1.1. Brazil

            13.4.1.2. Mexico

            13.4.1.3. Argentina

            13.4.1.4. Chile

            13.4.1.5. Peru

            13.4.1.6. Rest of Latin America

        13.4.2. By Application

        13.4.3. By Source

    13.5. Market Attractiveness Analysis

        13.5.1. By Application

        13.5.2. By Source

    13.6. Market Trends

    13.7. Key Market Participants - Intensity Mapping

    13.8. Drivers and Restraints - Impact Analysis

14. Europe Food Thickening Agent Market Analysis 2017-2021and Forecast 2022-2032

    14.1. Introduction

    14.2. Pricing Analysis

    14.3. Historical Market Size (USD Bn) and Volume Trend Analysis By Market Taxonomy, 2017-2021 

    14.4. Market Size (USD Bn) and Volume Forecast By Market Taxonomy, 2022 - 2032

        14.4.1.  By Country

            14.4.1.1. Germany

            14.4.1.2. Italy

            14.4.1.3. France 

            14.4.1.4. U.K

            14.4.1.5. Spain

            14.4.1.6. BENELUX

            14.4.1.7. Nordic

            14.4.1.8. Russia

            14.4.1.9. Poland

            14.4.1.10. Rest of Europe 

        14.4.2. By Application

        14.4.3. By Source

    14.5. Market Attractiveness Analysis

        14.5.1. By Application

        14.5.2. By Source

    14.6. Market Trends

    14.7. Key Market Participants - Intensity Mapping

    14.8. Drivers and Restraints - Impact Analysis

15. East Asia Food Thickening Agent Market Analysis 2017-2021 and Forecast 2022-2032

    15.1. Introduction

    15.2. Pricing Analysis

    15.3. Historical Market Size (USD Bn) and Volume Trend Analysis By Market Taxonomy, 2017-2021 

    15.4. Market Size (USD Bn) and Volume Forecast By Market Taxonomy, 2022 - 2032

        15.4.1.  By Country

            15.4.1.1. China

            15.4.1.2. Japan 

            15.4.1.3. South Korea

        15.4.2. By Application

        15.4.3. By Source

    15.5. Market Attractiveness Analysis

        15.5.1. By Application

        15.5.2. By Source

    15.6. Market Trends

    15.7. Key Market Participants - Intensity Mapping

    15.8. Drivers and Restraints - Impact Analysis

16. South Asia Food Thickening Agent Market Analysis 2017-2021 and Forecast 2022-2032

    16.1. Introduction

    16.2. Pricing Analysis

    16.3. Historical Market Size (USD Bn) and Volume Trend Analysis By Market Taxonomy, 2017-2021 

    16.4. Market Size (USD Bn) and Volume Forecast By Market Taxonomy, 2022 - 2032

        16.4.1.  By Country

            16.4.1.1. India

            16.4.1.2. Indonesia

            16.4.1.3. Malaysia

            16.4.1.4. Thailand 

            16.4.1.5. Rest of South Asia

        16.4.2. By Application

        16.4.3. By Source

    16.5. Market Attractiveness Analysis

        16.5.1. By Application

        16.5.2. By Source

    16.6. Market Trends

    16.7. Key Market Participants - Intensity Mapping

    16.8. Drivers and Restraints - Impact Analysis

17. Oceania Food Thickening Agent Market Analysis 2017-2021 and Forecast 2022-2032

    17.1. Introduction

    17.2. Pricing Analysis

    17.3. Historical Market Size (USD Bn) and Volume Trend Analysis By Market Taxonomy, 2017-2021 

    17.4. Market Size (USD Bn) and Volume Forecast By Market Taxonomy, 2022 - 2032

        17.4.1.  By Country

            17.4.1.1. Australia

            17.4.1.2. New-Zealand 

        17.4.2. By Application

        17.4.3. By Source

    17.5. Market Attractiveness Analysis

        17.5.1. By Application

        17.5.2. By Source

    17.6. Market Trends

    17.7. Key Market Participants - Intensity Mapping

    17.8. Drivers and Restraints - Impact Analysis

18. Middle East and Africa Food Thickening Agent Market Analysis 2017-2021 and Forecast 2022-2032

    18.1. Introduction

    18.2. Pricing Analysis

    18.3. Historical Market Size (USD Bn) and Volume Trend Analysis By Market Taxonomy, 2017-2021 

    18.4. Market Size (USD Bn) and Volume Forecast By Market Taxonomy, 2022 - 2032

        18.4.1.  By Country

            18.4.1.1. GCC Countries

            18.4.1.2. North Africa

            18.4.1.3. South Africa

            18.4.1.4. Turkey

            18.4.1.5. Rest of MEA

        18.4.2. By Application

        18.4.3. By Source

    18.5. Market Attractiveness Analysis

        18.5.1. By Application

        18.5.2. By Source

    18.6. Market Trends

    18.7. Key Market Participants - Intensity Mapping

    18.8. Drivers and Restraints - Impact Analysis

19. Key Countries Food Thickening Agent Market Analysis 2017–2021 and Forecast 2022–2032

    19.1. U.S.

        19.1.1. Pricing Analysis (2017, 2022, 2032)

        19.1.2. Market Value and Volume Analysis 2017–2021 and Forecast 2022–2032

            19.1.2.1. By Application

            19.1.2.2. By Source

    19.2. Canada

        19.2.1. Pricing Analysis (2017, 2022, 2032)

        19.2.2. Market Value and Volume Analysis 2017–2021 and Forecast 2022–2032

            19.2.2.1. By Application

            19.2.2.2. By Source

    19.3. Brazil

        19.3.1. Pricing Analysis (2017, 2022, 2032)

        19.3.2. Market Value and Volume Analysis 2017–2021 and Forecast 2022–2032

            19.3.2.1. By Application

            19.3.2.2. By Source

    19.4. Mexico

        19.4.1. Pricing Analysis (2017, 2022, 2032)

        19.4.2. Market Value and Volume Analysis 2017–2021 and Forecast 2022–2032

            19.4.2.1. By Application

            19.4.2.2. By Source

    19.5. Russia

        19.5.1. Pricing Analysis (2017, 2022, 2032)

        19.5.2. Market Value and Volume Analysis 2017–2021 and Forecast 2022–2032

            19.5.2.1. By Application

            19.5.2.2. By Source

    19.6. Poland

        19.6.1. Pricing Analysis (2017, 2022, 2032)

        19.6.2. Market Value and Volume Analysis 2017–2021 and Forecast 2022–2032

            19.6.2.1. By Application

            19.6.2.2. By Source

    19.7. Germany

        19.7.1. Pricing Analysis (2017, 2022, 2032)

        19.7.2. Market Value and Volume Analysis 2017–2021 and Forecast 2022–2032

            19.7.2.1. By Application

            19.7.2.2. By Source

    19.8. United Kingdom

        19.8.1. Pricing Analysis (2017, 2022, 2032)

        19.8.2. Market Value and Volume Analysis 2017–2021 and Forecast 2022–2032

            19.8.2.1. By Application

            19.8.2.2. By Source

    19.9. France

        19.9.1. Pricing Analysis (2017, 2022, 2032)

        19.9.2. Market Value and Volume Analysis 2017–2021 and Forecast 2022–2032

            19.9.2.1. By Application

            19.9.2.2. By Source

    19.10. Italy

        19.10.1. Pricing Analysis (2017, 2022, 2032)

        19.10.2. Market Value and Volume Analysis 2017–2021 and Forecast 2022–2032

            19.10.2.1. By Application

            19.10.2.2. By Source

    19.11. Spain

        19.11.1. Pricing Analysis (2017, 2022, 2032)

        19.11.2. Market Value and Volume Analysis 2017–2021 and Forecast 2022–2032

            19.11.2.1. By Application

            19.11.2.2. By Source

    19.12. China

        19.12.1. Pricing Analysis (2017, 2022, 2032)

        19.12.2. Market Value and Volume Analysis 2017–2021 and Forecast 2022–2032

            19.12.2.1. By Application

            19.12.2.2. By Source

    19.13. India

        19.13.1. Pricing Analysis (2017, 2022, 2032)

        19.13.2. Market Value and Volume Analysis 2017–2021 and Forecast 2022–2032

            19.13.2.1. By Application

            19.13.2.2. By Source

    19.14. Australia and New Zealand

        19.14.1. Pricing Analysis (2017, 2022, 2032)

        19.14.2. Market Value and Volume Analysis 2017–2021 and Forecast 2022–2032

            19.14.2.1. By Application

            19.14.2.2. By Source

    19.15. ASEAN

        19.15.1. Pricing Analysis (2017, 2022, 2032)

        19.15.2. Market Value and Volume Analysis 2017–2021 and Forecast 2022–2032

            19.15.2.1. By Application

            19.15.2.2. By Source

    19.16. Japan

        19.16.1. Pricing Analysis (2017, 2022, 2032)

        19.16.2. Market Value and Volume Analysis 2017–2021 and Forecast 2022–2032

            19.16.2.1. By Application

            19.16.2.2. By Source

    19.17. GCC Countries

        19.17.1. Pricing Analysis (2017, 2022, 2032)

        19.17.2. Market Value and Volume Analysis 2017–2021 and Forecast 2022–2032

            19.17.2.1. By Application

            19.17.2.2. By Source

    19.18. South Africa

        19.18.1. Pricing Analysis (2017, 2022, 2032)

        19.18.2. Market Value and Volume Analysis 2017–2021 and Forecast 2022–2032

            19.18.2.1. By Application

            19.18.2.2. By Source

20. Market Structure Analysis

    20.1. Market Analysis by Tier of Companies 

    20.2. Company Share Analysis of Top Players

        20.2.1. By Application

        20.2.2. By Region

    20.3. Market Presence Analysis

        20.3.1. By Regional Footprint of Players

        20.3.2. Product Footprint by Players

        20.3.3. Channel Footprint by Players

21. Competition Deep Dive (Tentative List)

    21.1. Cargill Inc.

            21.1.1.1. Overview

            21.1.1.2. Product Portfolio

            21.1.1.3. Profitability by Market Segments 

            21.1.1.4. Sales Footprint

            21.1.1.5. SWOT Analysis

            21.1.1.6. Strategy Overview

                21.1.1.6.1. Product Strategy

                21.1.1.6.2. Channel Strategy

    21.2. ICL Group

            21.2.1.1. Overview

            21.2.1.2. Product Portfolio

            21.2.1.3. Profitability by Market Segments 

            21.2.1.4. Sales Footprint

            21.2.1.5. SWOT Analysis

            21.2.1.6. Strategy Overview

                21.2.1.6.1. Product Strategy

                21.2.1.6.2. Channel Strategy

    21.3. Ingredion Incorporated.

            21.3.1.1. Overview

            21.3.1.2. Product Portfolio

            21.3.1.3. Profitability by Market Segments 

            21.3.1.4. Sales Footprint

            21.3.1.5. SWOT Analysis

            21.3.1.6. Strategy Overview

                21.3.1.6.1. Product Strategy

                21.3.1.6.2. Channel Strategy

    21.4. Archer Daniels Midland Company

            21.4.1.1. Overview

            21.4.1.2. Product Portfolio

            21.4.1.3. Profitability by Market Segments 

            21.4.1.4. Sales Footprint

            21.4.1.5. SWOT Analysis

            21.4.1.6. Strategy Overview

                21.4.1.6.1. Product Strategy

                21.4.1.6.2. Channel Strategy

    21.5. Kerry Group plc

            21.5.1.1. Overview

            21.5.1.2. Product Portfolio

            21.5.1.3. Profitability by Market Segments 

            21.5.1.4. Sales Footprint

            21.5.1.5. SWOT Analysis

            21.5.1.6. Strategy Overview

                21.5.1.6.1. Product Strategy

                21.5.1.6.2. Channel Strategy

    21.6. DuPont de Nemours Inc.

            21.6.1.1. Overview

            21.6.1.2. Product Portfolio

            21.6.1.3. Profitability by Market Segments 

            21.6.1.4. Sales Footprint

            21.6.1.5. SWOT Analysis

            21.6.1.6. Strategy Overview

                21.6.1.6.1. Product Strategy

                21.6.1.6.2. Channel Strategy

    21.7. Tate & Lyle PLC

            21.7.1.1. Overview

            21.7.1.2. Product Portfolio

            21.7.1.3. Profitability by Market Segments 

            21.7.1.4. Sales Footprint

            21.7.1.5. SWOT Analysis

            21.7.1.6. Strategy Overview

                21.7.1.6.1. Product Strategy

                21.7.1.6.2. Channel Strategy

    21.8. TIC Gums, Inc.

            21.8.1.1. Overview

            21.8.1.2. Product Portfolio

            21.8.1.3. Profitability by Market Segments 

            21.8.1.4. Sales Footprint

            21.8.1.5. SWOT Analysis

            21.8.1.6. Strategy Overview

                21.8.1.6.1. Product Strategy

                21.8.1.6.2. Channel Strategy

    21.9. CP Kelco U.S.

            21.9.1.1. Overview

            21.9.1.2. Product Portfolio

            21.9.1.3. Profitability by Market Segments 

            21.9.1.4. Sales Footprint

            21.9.1.5. SWOT Analysis

            21.9.1.6. Strategy Overview

                21.9.1.6.1. Product Strategy

                21.9.1.6.2. Channel Strategy

    21.10. Medline Industries, Inc.

            21.10.1.1. Overview

            21.10.1.2. Product Portfolio

            21.10.1.3. Profitability by Market Segments 

            21.10.1.4. Sales Footprint

            21.10.1.5. SWOT Analysis

            21.10.1.6. Strategy Overview

                21.10.1.6.1. Product Strategy

                21.10.1.6.2. Channel Strategy

    21.11. Fuerst Day Lawson Limited

            21.11.1.1. Overview

            21.11.1.2. Product Portfolio

            21.11.1.3. Profitability by Market Segments 

            21.11.1.4. Sales Footprint

            21.11.1.5. SWOT Analysis

            21.11.1.6. Strategy Overview

                21.11.1.6.1. Product Strategy

                21.11.1.6.2. Channel Strategy

Note: Above list is subjected to change during the course of study 

22. Assumptions and Acronyms Used

23. Research Methodology

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List of Tables

Table 1: Global Food Thickening Agent Market  Value (USD Bn) and Forecast by Region, 2017–2021 

Table 2: Global Food Thickening Agent Market  Value (USD Bn) and Forecast by Region,2022–2032

Table 3: Global Food Thickening Agent Market  Volume (MT) and Forecast by Region, 2017–2021 

Table 4: Global Food Thickening Agent Market  Volume (MT) and Forecast by Region,2022–2032

Table 5: Global Food Thickening Agent Market  Value (USD Bn) and Forecast By Application ,  2017–2021 

Table 6: Global Food Thickening Agent Market  Value (USD Bn) and Forecast By Application , 2022–2032

Table 7: Global Food Thickening Agent Market  Volume (MT) and Forecast By Application ,  2017–2021 

Table 8: Global Food Thickening Agent Market  Volume (MT) and Forecast By Application , 2022–2032

Table 9: Global Food Thickening Agent Market  Value (USD Bn) and Forecast By Source,  2017–2021 

Table 10: Global Food Thickening Agent Market  Value (USD Bn) and Forecast By Source,2022–2032

Table 11: Global Food Thickening Agent Market  Volume (MT) and Forecast By Source,  2017–2021 

Table 12: Global Food Thickening Agent Market  Volume (MT) and Forecast By Source,2022–2032

Table 17: North America Food Thickening Agent Market Value (USD Bn) and Forecast by Country, 2017–2021 

Table 18: North America Food Thickening Agent Market Value (USD Bn) and Forecast by Country, 2022–2032

Table 19: North America Food Thickening Agent Market Volume (MT) and Forecast by Country, 2017–2021 

Table 20: North America Food Thickening Agent Market Volume (MT) and Forecast by Country, 2022–2032

Table 21: North America Food Thickening Agent Market Value (USD Bn) and Forecast By Application ,  2017–2021 

Table 22: North America Food Thickening Agent Market Value (USD Bn) and Forecast By Application , 2022–2032

Table 23: North America Food Thickening Agent Market Volume (MT) and Forecast By Application ,  2017–2021 

Table 24: North America Food Thickening Agent Market Volume (MT) and Forecast By Application ,2022–2032

Table 25: North America Food Thickening Agent Market Value (USD Bn) and Forecast By Source,  2017–2021 

Table 26: North America Food Thickening Agent Market Value (USD Bn) and Forecast By Source,2022–2032

Table 27: North America Food Thickening Agent Market Volume (MT) and Forecast By Source,  2017–2021 

Table 28: North America Food Thickening Agent Market Volume (MT) and Forecast By Source,2022–2032

Table 33: Latin  America Food Thickening Agent Market Value (USD Bn) and Forecast by Country, 2017–2021 

Table 34: Latin  America Food Thickening Agent Market Value (USD Bn) and Forecast by Country, 2022–2032

Table 35: Latin  America Food Thickening Agent Market Volume (MT) and Forecast by Country, 2017–2021 

Table 36: Latin  America Food Thickening Agent Market Volume (MT) and Forecast by Country, 2022–2032

Table 37: Latin  America Food Thickening Agent Market Value (USD Bn) and Forecast By Application ,  2017–2021 

Table 38: Latin  America Food Thickening Agent Market Value (USD Bn) and Forecast By Application , 2022–2032

Table 39: Latin  America Food Thickening Agent Market Volume (MT) and Forecast By Application ,  2017–2021 

Table 40: Latin  America Food Thickening Agent Market Volume (MT) and Forecast By Application ,2022–2032

Table 41: Latin  America Food Thickening Agent Market Value (USD Bn) and Forecast By Source,  2017–2021 

Table 42: Latin  America Food Thickening Agent Market Value (USD Bn) and Forecast By Source,2022–2032

Table 43: Latin  America Food Thickening Agent Market Volume (MT) and Forecast By Source,  2017–2021 

Table 44: Latin  America Food Thickening Agent Market Volume (MT) and Forecast By Source,2022–2032

Table 49: Europe  Food Thickening Agent Market Value (USD Bn) and Forecast by Country, 2017–2021 

Table 50: Europe  Food Thickening Agent Market Value (USD Bn) and Forecast by Country, 2022–2032

Table 51: Europe  Food Thickening Agent Market Volume (MT) and Forecast by Country, 2017–2021 

Table 52: Europe  Food Thickening Agent Market Volume (MT) and Forecast by Country, 2022–2032

Table 53: Europe  Food Thickening Agent Market Value (USD Bn) and Forecast By Application ,  2017–2021 

Table 54: Europe  Food Thickening Agent Market Value (USD Bn) and Forecast By Application , 2022–2032

Table 55: Europe  Food Thickening Agent Market Volume (MT) and Forecast By Application ,  2017–2021 

Table 56: Europe  Food Thickening Agent Market Volume (MT) and Forecast By Application ,2022–2032

Table 57: Europe  Food Thickening Agent Market Value (USD Bn) and Forecast By Source,  2017–2021 

Table 58: Europe  Food Thickening Agent Market Value (USD Bn) and Forecast By Source,2022–2032

Table 59: Europe  Food Thickening Agent Market Volume (MT) and Forecast By Source,  2017–2021 

Table 60: Europe  Food Thickening Agent Market Volume (MT) and Forecast By Source,2022–2032

Table 65: South Asia  Food Thickening Agent Market Value (USD Bn) and Forecast by Country, 2017–2021 

Table 66: South Asia  Food Thickening Agent Market Value (USD Bn) and Forecast by Country, 2022–2032

Table 67: South Asia  Food Thickening Agent Market Volume (MT) and Forecast by Country, 2017–2021 

Table 68: South Asia  Food Thickening Agent Market Volume (MT) and Forecast by Country, 2022–2032

Table 69: South Asia  Food Thickening Agent Market Value (USD Bn) and Forecast By Application ,  2017–2021 

Table 70: South Asia  Food Thickening Agent Market Value (USD Bn) and Forecast By Application , 2022–2032

Table 71: South Asia  Food Thickening Agent Market Volume (MT) and Forecast By Application ,  2017–2021 

Table 72: South Asia  Food Thickening Agent Market Volume (MT) and Forecast By Application ,2022–2032

Table 73: South Asia  Food Thickening Agent Market Value (USD Bn) and Forecast By Source,  2017–2021 

Table 74: South Asia  Food Thickening Agent Market Value (USD Bn) and Forecast By Source,2022–2032

Table 75: South Asia  Food Thickening Agent Market Volume (MT) and Forecast By Source,  2017–2021 

Table 76: South Asia  Food Thickening Agent Market Volume (MT) and Forecast By Source,2022–2032

Table 81: East Asia  Food Thickening Agent Market Value (USD Bn) and Forecast by Country, 2017–2021 

Table 82: East Asia  Food Thickening Agent Market Value (USD Bn) and Forecast by Country, 2022–2032

Table 83: East Asia  Food Thickening Agent Market Volume (MT) and Forecast by Country, 2017–2021 

Table 84: East Asia  Food Thickening Agent Market Volume (MT) and Forecast by Country, 2022–2032

Table 85: East Asia  Food Thickening Agent Market Value (USD Bn) and Forecast By Application ,  2017–2021 

Table 86: East Asia  Food Thickening Agent Market Value (USD Bn) and Forecast By Application , 2022–2032

Table 87: East Asia  Food Thickening Agent Market Volume (MT) and Forecast By Application ,  2017–2021 

Table 88: East Asia  Food Thickening Agent Market Volume (MT) and Forecast By Application ,2022–2032

Table 89: East Asia  Food Thickening Agent Market Value (USD Bn) and Forecast By Source,  2017–2021 

Table 90: East Asia  Food Thickening Agent Market Value (USD Bn) and Forecast By Source,2022–2032

Table 91: East Asia  Food Thickening Agent Market Volume (MT) and Forecast By Source,  2017–2021 

Table 92: East Asia  Food Thickening Agent Market Volume (MT) and Forecast By Source,2022–2032

Table 97: Oceania  Food Thickening Agent Market Value (USD Bn) and Forecast by Country, 2017–2021 

Table 98: Oceania  Food Thickening Agent Market Value (USD Bn) and Forecast by Country, 2022–2032

Table 99: Oceania  Food Thickening Agent Market Volume (MT) and Forecast by Country, 2017–2021 

Table 100: Oceania  Food Thickening Agent Market Volume (MT) and Forecast by Country, 2022–2032

Table 101: Oceania  Food Thickening Agent Market Value (USD Bn) and Forecast By Application ,  2017–2021 

Table 102: Oceania  Food Thickening Agent Market Value (USD Bn) and Forecast By Application , 2022–2032

Table 103: Oceania  Food Thickening Agent Market Volume (MT) and Forecast By Application ,  2017–2021 

Table 104: Oceania  Food Thickening Agent Market Volume (MT) and Forecast By Application ,2022–2032

Table 105: Oceania  Food Thickening Agent Market Value (USD Bn) and Forecast By Source,  2017–2021 

Table 106: Oceania  Food Thickening Agent Market Value (USD Bn) and Forecast By Source,2022–2032

Table 107: Oceania  Food Thickening Agent Market Volume (MT) and Forecast By Source,  2017–2021 

Table 108: Oceania  Food Thickening Agent Market Volume (MT) and Forecast By Source, 2022–2032

Table 113: MEA  Food Thickening Agent Market Value (USD Bn) and Forecast by Country, 2017–2021 

Table 114: MEA  Food Thickening Agent Market Value (USD Bn) and Forecast by Country, 2022–2032

Table 115: MEA  Food Thickening Agent Market Volume (MT) and Forecast by Country, 2017–2021 

Table 116: MEA  Food Thickening Agent Market Volume (MT) and Forecast by Country, 2022–2032

Table 117: MEA  Food Thickening Agent Market Value (USD Bn) and Forecast By Application ,  2017–2021 

Table 118: MEA  Food Thickening Agent Market Value (USD Bn) and Forecast By Application , 2022–2032

Table 119: MEA  Food Thickening Agent Market Volume (MT) and Forecast By Application ,  2017–2021 

Table 120: MEA  Food Thickening Agent Market Volume (MT) and Forecast By Application ,2022–2032

Table 121: MEA  Food Thickening Agent Market Value (USD Bn) and Forecast By Source,  2017–2021 

Table 122: MEA  Food Thickening Agent Market Value (USD Bn) and Forecast By Source,2022–2032

Table 123: MEA  Food Thickening Agent Market Volume (MT) and Forecast By Source,  2017–2021 

Table 124: MEA  Food Thickening Agent Market Volume (MT) and Forecast By Source,2022–2032

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List of Charts

Figure 1: Global Food Thickening Agent Market Value Share (%) and BPS Analysis by Region, 2017 & 2022 & 2032 

Figure 2: Global Food Thickening Agent Market Y-o-Y Analysis by Region, 2022 to 2032

Figure 3: Global Food Thickening Agent Market Attractiveness, by Region, 2022 to 2032

Figure 4: Global Food Thickening Agent Market Value Share (%) and BPS Analysis By Application, 2017 & 2022 & 2032

Figure 5: Global Food Thickening Agent Market Y-o-Y Analysis By Application, 2022 to 2032

Figure 6: Global Food Thickening Agent Market Attractiveness, By Application, 2022 to 2032

Figure 7: Global Food Thickening Agent Market Value Share (%) and BPS Analysis By Source, 2017 & 2022 & 2032

Figure 8: Global Food Thickening Agent Market Y-o-Y Analysis By Source, 2022 to 2032

Figure 9: Global Food Thickening Agent Market Attractiveness, By Source, 2022 to 2032

Figure 10: North America Food Thickening Agent Market Value Share (%) and BPS Analysis by Country, 2017 & 2022 & 2032 

Figure 11: North America Food Thickening Agent Market Y-o-Y Analysis by Country, 2022 to 2032

Figure 12: North America Food Thickening Agent Market Attractiveness, by Country, 2022 to 2032

Figure 13: North America Food Thickening Agent Market Value Share (%) and BPS Analysis By Application, 2017 & 2022 & 2032

Figure 14: North America Food Thickening Agent Market Y-o-Y Analysis By Application, 2022 to 2032

Figure 15: North America Food Thickening Agent Market Attractiveness, By Application, 2022 to 2032

Figure 16: North America Food Thickening Agent Market Value Share (%) and BPS Analysis By Source, 2017 & 2022 & 2032

Figure 17: North America Food Thickening Agent Market Y-o-Y Analysis By Source, 2022 to 2032

Figure 18: North America Food Thickening Agent Market Attractiveness, By Source, 2022 to 2032

Figure 19: Latin America Food Thickening Agent Market Value Share (%) and BPS Analysis by Country, 2017 & 2022 & 2032 

Figure 20: Latin America Food Thickening Agent Market Y-o-Y Analysis by Country, 2022 to 2032

Figure 21: Latin America Food Thickening Agent Market Attractiveness, by Country, 2022 to 2032

Figure 22: Latin America Food Thickening Agent Market Value Share (%) and BPS Analysis By Application, 2017 & 2022 & 2032

Figure 23: Latin America Food Thickening Agent Market Y-o-Y Analysis By Application, 2022 to 2032

Figure 24: Latin America Food Thickening Agent Market Attractiveness, By Application, 2022 to 2032

Figure 25: Latin America Food Thickening Agent Market Value Share (%) and BPS Analysis By Source, 2017 & 2022 & 2032

Figure 26: Latin America Food Thickening Agent Market Y-o-Y Analysis By Source, 2022 to 2032

Figure 27: Latin America Food Thickening Agent Market Attractiveness, By Source, 2022 to 2032

Figure 28: Europe Food Thickening Agent Market Value Share (%) and BPS Analysis by Country, 2017 & 2022 & 2032 

Figure 29: Europe Food Thickening Agent Market Y-o-Y Analysis by Country, 2022 to 2032

Figure 30: Europe Food Thickening Agent Market Attractiveness, by Country, 2022 to 2032

Figure 31: Europe Food Thickening Agent Market Value Share (%) and BPS Analysis By Application, 2017 & 2022 & 2032

Figure 32: Europe Food Thickening Agent Market Y-o-Y Analysis By Application, 2022 to 2032

Figure 33: Europe Food Thickening Agent Market Attractiveness, By Application, 2022 to 2032

Figure 34: Europe Food Thickening Agent Market Value Share (%) and BPS Analysis By Source, 2017 & 2022 & 2032

Figure 35: Europe Food Thickening Agent Market Y-o-Y Analysis By Source, 2022 to 2032

Figure 36: Europe Food Thickening Agent Market Attractiveness, By Source, 2022 to 2032

Figure 37: South Asia Food Thickening Agent Market Value Share (%) and BPS Analysis by Country, 2017 & 2022 & 2032 

Figure 38: South Asia Food Thickening Agent Market Y-o-Y Analysis by Country, 2022 to 2032

Figure 39: South Asia Food Thickening Agent Market Attractiveness, by Country, 2022 to 2032

Figure 40: South Asia Food Thickening Agent Market Value Share (%) and BPS Analysis By Application, 2017 & 2022 & 2032

Figure 41: South Asia Food Thickening Agent Market Y-o-Y Analysis By Application, 2022 to 2032

Figure 42: South Asia Food Thickening Agent Market Attractiveness, By Application, 2022 to 2032

Figure 43: South Asia Food Thickening Agent Market Value Share (%) and BPS Analysis By Source, 2017 & 2022 & 2032

Figure 44: South Asia Food Thickening Agent Market Y-o-Y Analysis By Source, 2022 to 2032

Figure 45: South Asia Food Thickening Agent Market Attractiveness, By Source, 2022 to 2032

Figure 46: East Asia Food Thickening Agent Market Value Share (%) and BPS Analysis by Country, 2017 & 2022 & 2032 

Figure 47: East Asia Food Thickening Agent Market Y-o-Y Analysis by Country, 2022 to 2032

Figure 48: East Asia Food Thickening Agent Market Attractiveness, by Country, 2022 to 2032

Figure 49: East Asia Food Thickening Agent Market Value Share (%) and BPS Analysis By Application, 2017 & 2022 & 2032

Figure 50: East Asia Food Thickening Agent Market Y-o-Y Analysis By Application, 2022 to 2032

Figure 51: East Asia Food Thickening Agent Market Attractiveness, By Application, 2022 to 2032

Figure 52: East Asia Food Thickening Agent Market Value Share (%) and BPS Analysis By Source, 2017 & 2022 & 2032

Figure 53: East Asia Food Thickening Agent Market Y-o-Y Analysis By Source, 2022 to 2032

Figure 54: East Asia Food Thickening Agent Market Attractiveness, By Source, 2022 to 2032

Figure 55: Oceania Food Thickening Agent Market Value Share (%) and BPS Analysis by Country, 2017 & 2022 & 2032 

Figure 56: Oceania Food Thickening Agent Market Y-o-Y Analysis by Country, 2022 to 2032

Figure 57: Oceania Food Thickening Agent Market Attractiveness, by Country, 2022 to 2032

Figure 58: Oceania Food Thickening Agent Market Value Share (%) and BPS Analysis By Application, 2017 & 2022 & 2032

Figure 59: Oceania Food Thickening Agent Market Y-o-Y Analysis By Application, 2022 to 2032

Figure 60: Oceania Food Thickening Agent Market Attractiveness, By Application, 2022 to 2032

Figure 61: Oceania Food Thickening Agent Market Value Share (%) and BPS Analysis By Source, 2017 & 2022 & 2032

Figure 62: Oceania Food Thickening Agent Market Y-o-Y Analysis By Source, 2022 to 2032

Figure 63: Oceania Food Thickening Agent Market Attractiveness, By Source, 2022 to 2032

Figure 64: MEA Food Thickening Agent Market Value Share (%) and BPS Analysis by Country, 2017 & 2022 & 2032 

Figure 65: MEA Food Thickening Agent Market Y-o-Y Analysis by Country, 2022 to 2032

Figure 66: MEA Food Thickening Agent Market Attractiveness, by Country, 2022 to 2032

Figure 67: MEA Food Thickening Agent Market Value Share (%) and BPS Analysis By Application, 2017 & 2022 & 2032

Figure 68: MEA Food Thickening Agent Market Y-o-Y Analysis By Application, 2022 to 2032

Figure 69: MEA Food Thickening Agent Market Attractiveness, By Application, 2022 to 2032

Figure 70: MEA Food Thickening Agent Market Value Share (%) and BPS Analysis By Source, 2017 & 2022 & 2032

Figure 71: MEA Food Thickening Agent Market Y-o-Y Analysis By Source, 2022 to 2032

Figure 72: MEA Food Thickening Agent Market Attractiveness, By Source, 2022 to 2032

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