Consumer inclination towards plant-based food thickening agents is estimated to grow, especially among vegans, in the coming years.
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.
Health Benefits Pushing Adoption of Food Thickening Agents
Food thickening agents are commonly used for texture and consistency enhancement, without compromising on taste or savory. Moreover, health benefits associated with food thickening agents is also driving the overall sales. Thickens agents such as gums and starches are used a fat replacers, fibre bearing ingredients gums naturally resist digestion whereas starches act as primary energy sources, and the ability to replace high-carb ingredients by reducing the overall calorie content of the food are some key reasons behind enhanced consumption of food thickening agents.
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Consumer inclination towards plant-based food thickening agents is estimated to grow, especially among vegans, in the coming years. Economically priced starch offering high stability and viscosity will make it the fastest growing product segment through 2028.
Application in bakery and confectionary coupled with rising demand for gluten-free bakery products is projected to dominate the global consumption of food thickening agents. The ability of thickening agents to increase the viscosity without altering other taste aspects of the food and beverages and providing an improved mouth feel has made it immensely popular among food manufacturers.
Multiple Functionalities of Food Thickening Agents to Provide Product Innovation Opportunities for Manufacturers
Incidences of medical conditions such as difficulty in swallowing or dysphagia, has led to a greater adoption of food thickening agents as it helps in slowing down the transit of fluids and food, providing more coordination time for the swallowing process.
Additionally, cases of dysphagia in infants has created opportunities for food thickening agents manufacturers to come up with innovative baby food, addressing the concern pertaining to rising back of food in the oesophagus, among infants. Since, food thickening agents are also used as stabilizers, providing a longer shelf life to processed food, manufacturers of pet food see this an opportunity to come up with canned food for dogs and cats. Listed in Annex of the Council Directive of Europe, Cassia Gum is considered safe for canned pet foods.
Key Segments Covered
Global Food Thickening Agents Market – By Source
Global Food Thickening Agents Market – By Application
Global Food Thickening Agents Market – By Region
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Food Thickening Agents Market , Food Thickening Agents Market Share , Food Thickening Agents Market Size
Aug 08, 2022