Food thickeners are generally derived from polysaccharides and proteins. Currently, there has been growing demand for liquid thickeners obtained from natural organic products mainly attributable to increasing number of consumers demanding for transparency of origin in food products they consume. Liquid thickeners are thickening agents that are used as food ingredients in order to increase the consistency of a particular food product without compromising on its taste or quality. Liquid food thickeners are added to several food and beverages including, dairy products, soups and condiments, confectionery products and others. This is expected to greatly affect the market size of liquid thickeners positively in terms of revenue during the forecast period. Apart from this, liquid thickeners are also used to improve the texture of the food products thus increasing its use in the food industry.
After reading the Liquid Thickeners market report, readers can:
- Understand the drivers, restraints, opportunities and trends affecting the growth of the global Liquid Thickeners market.
- Analyze key regions holding significant share of the total Liquid Thickeners market revenue.
- Study the growth outlook of the global Liquid Thickeners market scenario, including production, consumption, history and forecast.
- Learn consumption pattern and impact of each end use on the Liquid Thickeners market growth.
- Investigate the recent R&D projects performed by each Liquid Thickeners market player.
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Global Liquid Thickeners Market: Segmentation
Global liquid thickeners market is segmented on the basis of type, source, area of application and region.
On the basis of product type, the global liquid thickeners market is segmented into:-
Starch product type segment is expected to contribute maximum growth in the overall liquid thickeners market over the forecast period. On the basis of source, the global liquid thickeners market is segmented into, animal and plant source. The plant source segment is expected to be the most dominant source category in the global liquid thickeners market owing to growing trend for clean label food products. Apart from food products, consumers also look for transparency in their cosmetics which is further driving the demand for liquid thickeners in the cosmetic industry.
On the basis of area of application, the global liquid thickeners market is segmented into:
- Food and beverages industry
- Cosmetic industry
- Industrial segment
The food and beverages segment is further sub-segmented into, bakery products, sauces and dressings, dairy and ice cream industry, confectionery products, convenience & processed foods, beverages, marinades & gravies and others. In cosmetic industry, liquid thickeners are used in cosmetic including, skin care products, hair care products, and others. Few thickeners used in cosmetic industry are also used as stabilizers in order to maintain the stability of an emulsion. The industrial application of liquid thickeners is in the paint industry, printing industry, and petrochemical industry.
On the basis of region, the global liquid thickeners market is segmented into:-
- North America
- Latin America
- The Middle East and Africa.
North America and Europe are the largest markets for liquid thickeners globally attributable to increasing demand for several food products across the regions. Apart from this, increasing application of liquid food thickeners in baby product formulations is also driving the market for liquid thickeners globally. Asia Pacific liquid thickeners is expected to be the fastest growing market during the forecast period.
Consumer Preferences for Ready to Eat Meals is Promising Growth of Liquid Thickener:-
Since, the consumer dynamics is likely to get more complex and eating habits will further diversify witness and gain more complexity, it is anticipated that the demand for convenience and ready to eat meals will further increasing. This would translate into the demand for ingredients used in such food products processing thus stimulating the demand for food hydrocolloids across all geographies, though a little higher in developing markets.
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Increasing Demand for Food Products with Good Taste and Mouth Feel
Advancements in technology and economic progress have pushed people towards a time-scarcity lifestyle. Manufacturers face pressure of coming up with innovative food products without comprising on the original taste. The ability of thickening agents to increase the viscosity of a liquid without causing an alternation in other properties and providing an improved mouth feel has caused an accelerating shift of food manufacturers towards them.
Liquid Thickeners Market Participants:
The key players involved in manufacturing and supply of liquid thickeners internationally. These companies have tie-ups small scale raw material suppliers to procure raw material, which is then converted into various liquid thickeners. High production volumes, huge product portfolio and wide distribution network of these players have resulted into their high market share.
The high-shelf life, wide availability, and low cost, are the factors which have made liquid thickeners, a preferred choice for incorporation in bakery products and confectionery. Hydrocolloid based thickeners on the other hand have high stability, thickening, and gelling properties. However, its growth is expected to be hampered on account of its high price.
Variety of liquid thickeners have been introduced by the manufacturers and some of the global market players manufacturing liquid thickeners market include; Archer Daniels Midland Company, E. I. du Pont de Nemours and Company, Ingredion Incorporated, Kerry Group Plc, Ashland Specialty Ingredients, TIC Gums, Inc., Fuerst Day Lawson Ltd., Acuro Organics Limited, and others.
The Liquid Thickeners market report answers important questions which include:
- What does the status of the Liquid Thickeners market look like after the forecast period?
- Which region has the highest contribution to the global Liquid Thickeners market and why?
- Which players remain at the top of the global Liquid Thickeners market?
- What opportunities are available for the Liquid Thickeners market players to expand their production footprint?
- Which segment has the maximum impact on the global Liquid Thickeners market?
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