What? When? Why?
Latest Happenings in Business World
22
Nov-2019
Things to focus in the Global Food Thickeners Market
Food Thickeners Market By Type (Hydrocolloids, Protein, Starch), Source (Plant, Animal, Microbial), Application (Bakery, Confectionery, Sauces, Marinades & Gravies, Beverages, Dairy, Convenience Foods)
Food Thickeners Market Introduction:
Food thickeners are food agents that help increase the consistency or thickness of foods without affecting the taste or other properties of food. The food thickener absorbs the liquid contained in the drink, which makes it thick. In the food and beverage industry, food thickeners are widely used to increase the viscosity of food and beverage products, including sauces and puddings in combination with various ingredients.
Dynamics:
High functional potential and compatibility of thickeners with other ingredients stimulate market growth.
The market for food thickeners is dependent on the high functional potential and compatibility of thickeners with other ingredients, the expansion of research, development and innovation, the growing demand for dysphagia patients, and increasing demand for processed food products. The use of food thickeners may reduce the risk of dysphagia in patients by facilitating their ingestion. As a result, the food thickener provides benefits to patients with cancer, trauma, old age, and neurological disorders who have difficulty swallowing food. In addition, food thickeners are prescribed for babies who cannot digest breastfeeding. It also contributes to the absorption of nutrients contained in foods. Fluctuations in raw material prices and increasing consumer awareness of chemical additives are part of market restrictions.
Growth factors
Factors such as growing demand for convenience foods, consumers who prefer healthier lifestyles, increasing awareness of healthy eating, and the multiple benefits and features associated with food thickeners will accelerate their demand in the global market. Manufacturers of food thickeners are continually striving to innovate products in order to expand their portfolio and make significant investments. All these factors are driving the demand for food thickeners. Improvements in the functional and organoleptic properties of products are other factors that contribute to market growth.
Some factors will slow market growth, including the high cost of research and development of food thickener production and changes in commodities that negatively affect market growth.
Increasing demand for prepared foods, increasing disposable income, benefits and various functions associated with the use of food thickeners is the global market. Also, increased consumer awareness of health should provide substantial growth potential for global players in the sector.
The highest percentage of development is attributed to increased manufacturing of liquid non-alcoholic foods and beverages, rising per capita incomes and changing customer preferences. Therefore, this reason should motivate the demand for bakery and confectionery products, and consequently, the manufacture of food thickeners.
Market Trends:
The growth of the food processing industry is fueling the demand for liquid thickeners: -
Liquid thickeners play an essential role in the food industry, where they are used as thickeners and stabilizers. During the last decade, the food processing industry has reported on the large-scale adoption of a thickener attributed to its functional properties. In response to the demand for prepared food products, the consumption of thickeners has also increased significantly.
The growth in the market of prepared foods has reflected mixed growth rates worldwide, although it has remained above 5% in the last two years. The examination of the factors that drive the prepared food market, changes in lifestyle and the increase in the number of women in the workforce have opened the door to the US ready-to-eat food market. Innovative technology and packaging options have expanded the food options available in the market in several categories, such as frozen, refrigerated, packaged foods, etc.
Consumer preferences for ready-to-eat foods promise growth of liquid thickener:
Since it is likely that the dynamics of consumption will become more complex and that eating habits will further diversify controls and become more complex, the demand for prepared foods is expected to increase. This would result in a need for ingredients used in the processing of such food products, which would increase the demand for dietary hydrocolloids in all geographic areas, although slightly more in developing markets.
Recent Developments:
• In April 2019, CP Kelco US Inc. announced its intention to launch a new product portfolio, called "NUTRAVA Citrus Fiber", which focuses on the natural demand of consumers of own-brand products. The product will act as a thickener, stabilizer and provide gelling and water repellence for beverages, dairy products, bakery products, meats, sauces, sauces, soups and others.
• In September 2017, NIPPON PAPER INDUSTRIES CO., LTD. announced the launch of its cellulose nanofiber manufacturing facility at its plant in Gotsu, Japan. The new facility will focus on the development of cellulose nanofibers for food and cosmetic applications, and the company expects to create an improved supply chain network that supplies the product to several end users.
• In April 2017, Nestlé Health Science and the Chinese Stroke Association announced the establishment of a collaboration focused on the diagnosis and treatment of "dysphagia" for patients with stroke. Nestlé Health Science will supply its product "Thicken Up", a thickening agent that modifies the textures of food and beverages and improves the swallowing capabilities of patients.
Regional Analysis:
The geographic segmentation of the food thickeners market includes North America, Latin America, Eastern Europe, Western Europe, Asia Pacific, and the Middle East and Africa. The Asia-Pacific region plans to reach high volume in the world market for food thickeners. The factor contributing to this growth is the growth in the size of consumption of several varieties of food thickeners in the regional market of Asia Pacific, as food and beverage manufacturers give importance to health aspects, improving characteristics functional and taste, and launches product innovation. North America will reach a high value in the world market of food thickeners due to the high consumption of hydrocolloids, starch, proteins and starch derivatives, which is increasingly used in the United States. The European regions also show considerable market growth.
Key Stakeholders:
• Suppliers of raw materials.
• Traders, distributors, manufacturers and suppliers of food thickeners.
• Food processors and manufacturers
• Government and research organizations.
• Professional associations and industry organizations.
• Regulatory bodies such as the Food and Drug Organization (FDA), the European Commission (EU), the European Food Safety Authority (EFSA), Health Canada and Food Standards Australia New Zealand (FSANZ)
WRITTEN BY:
CATEGORY
RECENT POST
CLIENTS
.webp)
