Global Food Thickener Market: Snapshot
Food thickeners are usually based on polysaccharides or proteins, and have found to play key role in changing the viscosity of food products. The choice of the type of thickeners may vary widely The consistency requirements vary widely depending on factors such as taste, clarity, and the environmental conditions. The demand for food thickeners with a good thickening capability to suit a range of food products is key to the evolution of the food thickener market. Growing awareness about the way food thickeners should be used in general populace is boosting the market.
A promising avenue the food thickener market is targeting is older adults those who suffer from swallowing problem. The problem is prevalent in geriatric populations are hard to prevent, given the fact that the problem may be caused by several factors. Health reasons can be neurological diseases, strokes, and cancers. Another concern is tooth loss. A growing body of evidence has suggested that food thickeners do reduce the problem aspiration in seniors. The impact of food thickeners has been assessed mainly by speech pathologists. This has helped them bring new strategies to light to expand the scope of the use of food thickeners in countering the swallowing problem. Further, the range of texture and taste that commercial thickeners come with help caregivers offer variety of options for elderly patients in mitigating the swallowing problem by thickening. Research on the rheology of thickening compounds has been focused on increasing the stability of added ingredients in a food preparation. Growing use of gelling agents as food thickeners in desserts, candies, and jellies. Over the past few years, vigorous studies have been done by food companies to understand the thickening process. This has enabled them to unveil new thickening agents, especially for stews and sauces. The growing science behind thickening sauces has made a mark on the demand dynamic in the food thickener market.
Food thickener, agents used to increase the viscosity of the liquid without changing the property of it. Food thickener is used as food additive which increases the suspension and emulsification of the product to stabilize it. Food thickener is predominantly used in food and beverage production like puddings, sauces, and soups etc. Entirely solid food may cause choking while swallowing while thickened liquid passes so easily so nutrients can’t be acquired to the body so food thickener is used to maintain the balance. Since the ingredient is used as thickening agent in food and beverage industry, the growth in demand for food thickener is highly correlated with the performance of overall food & beverages industry.
Food thickener is a boon for the patient of cancer, trauma, and neurology disorder who can’t swallow food. Food thickener is also prescribed to infants who can’t digest the breastfeeding. High-calorie consumption is the major issue for health conscious people, food thickener provides fewer calories in the diet.
Market Segmentation: Food Thickener
Food thickener can be segmented on the basis of base ingredient, type, application, and distribution channel.
Based on the base ingredient, Food thickener can be segmented into:
- Vegetable gum
On the basis of type, food thickener can be segmented into:
- Natural- Coconut flour, oat fiber, agar agar, and xanthan gum are majorly used as the natural food thickener.
- Synthetic- Alginic acid, alginate acid are the majorly used synthetic food thickener.
Based on the application; food thickener can be segmented into:
Food thickener is further segmented on the basis of distribution channel which includes:
- Convenience stores
- Specialty stores
- Grocery stores
- Online retailing
Food thickener is expected to register relatively higher value share from Supermarket/hypermarket than another channel during the forecast period. Increasing penetration of hypermarket/supermarket especially in developing countries coupled is expected to drive the segment growth of food thickener over the forecast period. Online dispense is expected to register relatively higher growth in food thickener market over the forecast period. Rising consumer inclination towards online purchasing of products is expected to support the growth of food thickener over the forecast period.
Food Thickener Market: Regional Outlook
In terms of geography, the global rice vinegar market has been divided into five key regions including North America, Latin America, Europe, Asia-Pacific and Middle East & Africa.
Asia-Pacific region is the fastest-growing region of the food thickener market while North American and Europe countries are the major markets of the Food thickener. The countries of the Middle East and Africa are also consuming food thickener in various products.
Food Thickener Market: Drivers and Restraints
Adaption of western culture globally especially packaged food which is majorly consumed by European and North American countries. Increasing number of working professionals, increasing demand for bottled juice, and preference of energy drink. The demand of food thickener is also increased for patients who can’t swallow the solid food. Odorless and colorless nature of food thickener which doesn’t diminish the originality of food. Food thickener produces no or low calories, the demand of low-calorie diet by health-conscious people also give the kick in food thickener market. Increasing rate birth of malnourished baby those can’t digest milk of mother directly need the thickened milk. Thus these consumers are also expected to boost the demand of food thickener during the forecasted period. Whether it may cause constipation in people, is the restraints for food thickener market.
Food Thickener Market: Key Player
Some of the key players operating in food thickener market include Nestlé Health Science, Sigma-Aldrich Co. LLC., Kent Precision Foods Group, Inc., Nutricia, Hormel Foods Corporation, Walgreen Co., SimplyThick, LLC.,
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.