Registering a CAGR of 4.0% over the forecast period, the market value of Thickeners is expected to reach US$ 6877.5 million in the year 2027.
Thickeners are substances that are added to solutions to increase the viscosity of the liquid without affecting its taste or other properties significantly. The type and quantity of thickener used are determined by the final product. Thickeners are typically classified as either food-grade or non-food-grade.
Based on the Thickeners market development status, competitive landscape, and development model in different regions of the world, this report is dedicated to providing niche markets, potential risks, and comprehensive competitive strategy analysis in different fields of Materials & Chemicals. The competitive advantages of different types of products and services, the development opportunities and consumption characteristics, and structure analysis of the downstream application fields are all analyzed in detail. To Boost the Growth of Thickeners during the epidemic era, this report analyzes in detail the potential risks and opportunities which can be focused on.
The report also assesses the key opportunities in the Thickeners market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall global Thickeners Market has also been forecasted for the period 2022-2027, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.
The global Thickeners includes the identification and analysis of the various market participants competing in the global market. Prominent competitors include Ashland Global Holdings Inc. (NYSE: ASH), Archer-Daniels-Midland Company (NYSE:ADM), CP Kelco, FMC Corp, Cargill, BASF, DowDuPont, Meihua, Ingredion and others.
Recent Development:
At Excipient World in Kissimmee, Florida, Ashland debuts VialoseTM trehalose dihydrate, a high purity lyoprotectant and stabilizer for biologic medicines and other parenteral formulations.
MAY 2, 2022, WILMINGTON, DE – VialoseTM trehalose dihydrate is the newest addition to Ashland's portfolio of parenteral excipients for injectable formulations. The product will be showcased at the Excipient World Conference, which will be held May 3-4, 2022 in Kissimmee, Florida.
Ashland's trehalose dihydrate, VialoseTM, is a functional ingredient used to protect and stabilise proteins in biologic medicines. It is produced in the United States (US) in accordance with the following quality standards: USP-NF 1078> and The Joint IPEC-PQG Good Manufacturing Practices Guide for Pharmaceutical Excipients. It meets the requirements of the NF, EP, JP, and ChP monographs.
Thickeners Market is segmented based on the type, applications, companies and regions.
By Type, Thickeners Market has been segmented into
The end user’s industry application on Thickeners Market is,
The Asia Pacific led by China, Japan, and India market projected to witness gains of over 5.5% by 2025. Increasing food & beverage demand due to the growth of supermarket & e-commerce sectors with rising consumer awareness & easy product accessibility is anticipated to fuel product demand. The rising utilization of thickeners in dietary products for product texture enhancement and prolonged shelf life should stimulate industry size.
Europe driven by UK, Italy, France, and Germany’s food thickeners market is estimated to reach up to USD 2.5 billion by 2025. A significant rise in obesity among the European population has led manufacturers to produce replacement of fat-containing ingredients. Increasing demand for plant & microbial-based thickeners due to low-calorie characteristics should perpetuate industry growth.
Brazil’s market size may witness growth in the forecasted timeframe owing to growing exports of meat products. A thickening agent is utilized in improving texture, increasing juiciness and toughness reduction, thereby driving product demand.
The report incorporates an in-depth assessment of the competitive landscape, product market sizing, product benchmarking, market trends, product developments, financial analysis, strategic analysis, and so on to gauge the impact forces and potential opportunities of the market. Apart from this the report also includes a study of major developments in the market such as product launches, agreements, acquisitions, collaborations, mergers, and so on to comprehend the prevailing market dynamics at present and their impact during the forecast period 2022-2027. The report presents the analysis of the Thickeners Market for the historical period of 2017-2022 and the forecast period of 2022-2027.
The key insights of the report have been presented through the frameworks of Major Mergers & Acquisitions, Technological Innovations, and Role of Manufacturers during COVID19 Pandemic. Additionally, the major opportunities, trends, drivers and challenges of the industry has been analyzed in the report.
Reports Attributes | Report Details |
Forecast Period 2022 to 2027 CAGR | CAGR of 4.0% during the review period (2022 to 2027). |
By Type |
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By Application |
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By Companies | Ashland Global Holdings Inc. (NYSE :ASH), Archer-Daniels-Midland Company (NYSE :ADM), CP Kelco, FMC Corp, Cargill, BASF, DowDuPont, Meihua, Ingredion |
Regions Covered | • North America • Europe • Asia-Pacific • Rest of the World |
Countries Covered | • US • Canada • Germany • France • UK • Italy • Spain • Rest of Europe • China • Japan • India • Australia • South Korea • Rest of Asia-Pacific • Middle East & Africa • Latin America |
Base Year | 2022 |
Historical Year | 2017 to 2022 |
Forecast Year | 2022 to 2027 |
Number of Pages | 135 |
Customization Available | Yes, the report can be customized as per your needs |
All our reports are customizable to your company's needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report to your needs.
What is the study period of this market?
The Thickeners Market is studied from 2017 - 2027.
Who are the key players in Thickeners Market?
Ashland Global Holdings Inc. (NYSE :ASH), Archer-Daniels-Midland Company (NYSE :ADM), CP Kelco, FMC Corp, Cargill, BASF, DowDuPont, Meihua, Ingredion, Akzo Nobel, Celanese, Eastman, PPG, Lubrizol, Henkel, Tate & Lyle, Grace, PQ Corp, Kerry, DSM, BYK, Elementis, Fufeng and others.
What are the significant types of Thickeners Market?
Flame Retardant Epoxy Vinyl Ester, Phenolic Epoxy Vinyl Ester, High Crosslinking Density Epoxy Vinyl Ester, Flexible Epoxy Vinyl Ester, PU Modified Epoxy Vinyl Ester, Standard Bisphenol A Epoxy Vinyl Ester, Others
What are the major end-use applications of Thickeners Market?
Food & Beverages, Paints & Coatings, Papermaking, Textile, Detergent, Medicine, Others,
What segments are covered in the Thickeners Market report?
The Global Thickeners Market is Segmented on the basic of Product, Application, and Geography.
How can I get a sample report/company profile for the Thickeners Market?
The sample report for the Thickeners Market can be obtained on demand from the website. Also, the 24*7 chat support & direct call services are provided to procure the sample report.
All our reports are custom made to your company’s needs to a certain extent, we do provide 5 free consulting hours along with the purchase of each report, and this will allow you to request any additional data to customize the report to your needs.
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
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