Global food thickening agents market revenue growth expected to be driven by major revenue contribution from North America market

Major factor driving growth of the global food thickening agents market are wide applicability of food thickening agents in various end use industries such as dairy, food & beverage, and bakery.

The global food thickening agents market report has been segmented on the basis of type, source, application, and region.

The type segment in the global food thickening agents market is segmented on the basis of hydrocolloids, protein, and starch. The protein segment is expected to contribute significant revenue share in the global market.

The source segment in the global food thickening agents market is segmented on the basis of plant, animal, and microbial. The plant segment is expected to contribute significant revenue share in the global market.

The application segment in the global food thickening agents market is segmented on the basis of bakery, confectionery, sauces, dressings, marinades, and gravies, beverages, dairy & frozen desserts, and convenience & processed foods. The dairy & frozen desserts segment is expected to contribute significant revenue share in the global market.

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On the basis of region, the global food thickening agents market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East & Africa.

The market in North America is expected to dominate the global food thickening agents market and is expected to continue its dominance over the forecast period. This can be attributed to presence of prominent players operating in the economies in this region. The market in Europe is expected to contribute significant revenue share, owing to increasing demand from food & beverage industry.

Key players operating in the global food thickening agents market include Cargill, Inc.Archer Daniels Midland Company, Ingredion Inc., DowDuPont Inc., Tate & Lyle PLC, Ashland Inc., CP Kelco U.S., Inc., Kerry Group PLC, Koninklijke DSM N.V., and Fuerst Day Lawson Limited.

About the Author

Michelle Boyd
Michelle does an outstanding job, related to the Health and Medicine background. Having experience of more than 8years, have been working before with other companies related to the same field, been an expert in resolving whatever queries are being approached by the team. She likes to enjoy each and every moment of life.

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