A notable surge in urban consumption has led to heightened demand for processed food. Consequently, this has propelled the utilization of allied ingredients such as food thickening agents. In the absence of close substitutes for food thickening agents, per ton increase in production of bakery and confectionery items, sausages, dressings, and soups are directly augmenting the demand for food thickening agents. Alongside, processed food manufacturers are focusing on making their products more functional. Food thickening agents possessing attributes to address dysphagia, have garnered attention of processed food manufacturers, which has boosted its demand in the past half-decade. On the back of these dynamic consumption and production trends, demand for food thickening agents is expected to register a steady CAGR of 4%.
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Food thickening Agents Market: Segmentation
On the basis of Source, the Food Thickening Agents Market study consists of:
Locust Bean Gum
Carboxy Methyl Cellulose (CMC)
On the basis of Application, the Food Thickening Agents Market study incorporates:
Bakery & Confectionery
Meat & Poultry
Sauces & Dressings
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On the basis of region, the Food Thickening Agents Market study contains:
North America (US, Canada)
Latin America (Brazil, Mexico)
Europe (Germany, Italy)
East Asia (China, Japan)
Key players analyzed in the Food Thickening Agents Market study:
Cargill Inc., Archer Daniels Midland Company, Ingredion Inc., Tate & Lyle PLC, Ashland Inc., CP Kelco Inc., Kerry Group PLC and others.
Queries addressed in the Food Thickening Agents Market report:
Why are the Food Thickening Agents Market players targeting region for increased product sales?
What patented technologies are the players utilizing in the global Food Thickening Agents Market?
Which regions are displaying the fastest growth in the Food Thickening Agents Market?
What are the underlying micro- macroeconomic factors affecting the global Food Thickening Agents Market?
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