Introduction:
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. 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. This is greatly affecting the market
size of liquid thickeners positively in terms of revenue over 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.
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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 the segment in to, starch,
hydrocolloids, and proteins. 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 and others. 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, Europe, Asia Pacific and 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 are expected to be the
fastest growing market over the forecast period.
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Liquid
Thickeners Market Global Market Trends and Market Drivers:
The
growth of liquid thickeners market across the globe is expected to
depict significant growth in the overall market owing to increasing
demand for convenience food products. Liquid thickeners are not only
used to thicken the food products but also deliver stability,
consistency, strength, improves the flavor of the food product which
is driving its use among various food manufacturers across the globe.
Healthier diet, changing lifestyle, and demand for ready to drink
beverages is further expected to contribute towards the increasing
market for liquid thickeners over the forecast period.
Liquid
Thickeners Market Key Players:
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.
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