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The food thickeners market, by value, is projected to reach 15.80 Billion by 2022, at a CAGR of 5.95% from 2016 to 2022. Growth in demand for convenience foods, consumer awareness toward healthy diet, and multiple functionalities and advantages associated with the use of food thickeners are the factors driving this market.
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MarketsandMarkets Presents Food Thickeners Market by Type, Application, Region - 2022
The report "Food Thickeners Market by Type (Hydrocolloids, Protein, Starch), Source (Plant, Animal, Microbial), Application (Bakery, Confectionery, Sauces, Marinades & Gravies, Beverages, Dairy, Convenience Foods), and Region - Global Forecast to 2022", The food thickeners market is projected to reach USD 15.80 Billion by 2022, at a CAGR of 5.95% from 2016 to 2022. The market is driven by factors such as growth in demand for convenience foods, consumer awareness toward healthy diet, and multiple functionalities and advantages associated with the use of food thickeners. North America accounted for the largest market share in the market. The dominant share of the North American region is attributed to its high consumption of hydrocolloids, proteins, and starch & starch derivatives in a diverse range of food & beverage applications. Asia-Pacific is projected to be the fastest-growing region. This is attributed to the growing volume consumption of various types of food thickeners in Asia-Pacific, as food & beverage manufacturers focus on product innovation, health aspects, and improving the functional characteristics such as texture, flavor, and other organoleptic properties of their products. Make an inquiry about this report@ https://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=168398259
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The various contributors involved in the value chain of food thickeners market include raw material suppliers, R&D institutes, food thickeners manufacturing companies such as Cargill (U.S.), Archer Daniels Midland Company (U.S.), E. I. Du Pont De Nemours and Company (U.S.), and government bodies & regulatory associations such as the United States Department of Agriculture (USDA), the Food and Drug Administration (FDA), and the European Food Safety Authority (EFSA). • Target Audience • The stakeholders for the report are as follows: • Raw material suppliers • Traders, distributors, and manufacturers & suppliers of food thickeners • Food processors & food manufacturers • Government and research organizations • Trade associations and industry bodies • Regulatory bodies such as the Food and Drugs Organization (FDA), the European Commission (EU), the European Food Safety Authority (EFSA), Health Canada, and Food Standards Australia New Zealand (FSANZ) • The food thickeners market is projected to grow at a CAGR of 5.95% from 2016 to 2022, to reach a projected value of USD 15.80 Billion by 2022. The market is driven by the growth in demand for convenience foods, consumer awareness toward healthy diet, and multiple functionalities and advantages associated with the use of food thickeners.
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