Hyderabad, India -- (SBWIRE) -- 03/02/2018 -- According to a new market research report " Food Thickeners Market by Type (Hydrocolloids, Protein, Starch), Source (Plant, Animal, Microbial), Application (Bakery, Confectionery, Sauces, Marinades & Gravies, Beverages, Dairy, Convenience Foods), And By Region – Global Industry Analysis, Size, Share, Growth, Trends, And Forecasts (2016–2021)", published by MarketDataForecast™, the market is expected to reach USD 16.16 Billion by 2021 from 2016, at a CAGR of 6.1%. Factors such as increase in high disposable incomes, growing awareness about the health benefits of using thickeners are driving the growth of this market

Browse Market Data Tables and Figures spread through 178 Pages and in-depth TOC on " Food Thickeners Market"
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Starch segment accounted for the largest market share in 2016
By type, the Food Thickeners Market is classified into Hydrocolloids, Protein, Starch. The starch segment dominated the global Food Thickeners Market share in 2016. Starch is available in almost all regions of the globe and its low cost owing to its growth in this market. Food thickeners are having increased demand as they are most commonly used in the making of pies.

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In 2016, the plant segment dominated the global market share
By source, the market is segmented into Plant, Animal, Microbial. The plant segment contributed to the largest share of the global Food Thickeners Market in 2016. Compared to other sources plant is very rich in nutrition components resulting in increased demand for plant segment market. Ease of availability of plant source is also driving the market segment.

Dairy segment commanded the largest share of the market
On the basis of application, the Food Thickeners Market is segmented into Bakery, Confectionery, Sauces, Marinades & Gravies, Beverages, Dairy, Convenience Foods. The dairy segment accounted for the largest share of the global Food Thickeners Market. The beverages segment accounted for nearly half of the Thickeners & plant segments share combined and is expected to grow more.

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Asia – Pacific commanded the largest share of the market
Based on region, the Food Thickeners Market is segmented into North America, Europe, Asia, and Rest of the World (RoW). Asia – Pacific dominated the Food Thickeners Market in 2017. This is attributed to factors such as the rise in consumption of food thickeners in food & beverages industry and growing interest in health aspects, increasing population are also driving the growth in this market.

Key players in the Food Thickeners Market include Sigma-Aldrich Company LLC, Cargill, Archer Daniels Midland Company, Ingredion Incorporated, Kerry Group PLC, Tate and Lyle PLC, TIC Gums and Ashland Specialty Ingredients. Other companies include Simply Thick LLC, Walgreen Company and Hormel Foods Corporation

The scope of the report provides:
The evaluation of the current market for your product or services and the future implications of the market
Addresses the opportunities by better understanding the market through size estimates and growth rate analysis to forecast the market for the future
Extensive segmentation to understand the dynamics of market at a very granular level by splitting down the market to the smallest segment
Addresses the key market dynamics involving the drivers, restraints and challenges with an aim of providing insights for gaining market share
The factors responsible for the shaping of the industry as it is as a result of competitive environment is analyzed through Porter's Five Forces
The effects of political, economic, social, technological, legal and environmental factors on the industry is analyzed through PESTLE analysis to better understand the aspects of strategic management required to comply with the exogenous and endogenous factors
Strategic evaluation of the key players to gain insights of their performance allowing access to their product portfolio, financial performance and the strengths of their business strategic developments
Comparative study of the firms across the industry measuring their performances based on market share and recent activities in order to achieve competitive intelligence
Equip you with the information providing with the investment opportunities in the industry
Looking for more? If you are in need of a specific research study, we have an expertise in undertaking a customized study and will aid to meet your research requirement to the fullest.

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https://www.marketdataforecast.com/market-reports/global-food-emulsifiers-market-531/

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