Europe Food Thickeners Market was worth USD 2,348.33 million in 2022 & it will grow at a CAGR of 5.3% till 2029

April 21, 2023

Market Analysis and Insights: Europe Food Thickeners Market

Europe food thickeners market is expected to gain market growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses that the market is growing with a CAGR of 5.3% in the forecast period of 2022 to 2029 and is expected to reach USD 2,348.33 million by 2029. Rising demand for non-alcoholic drinks, including fruit juices and energy drinks, is expected to drive the Europe food thickeners market growth.

Food thickeners are defined as the food modifying agents that are used to modify the texture structure of food & beverages. They are used to increase the thickness of food & beverages, helping absorb the water content in the edibles once they are integrated into the products. These products are majorly utilized to modify the viscosity of these products, giving them a consistent overall structure. The market's most widely used food thickeners are starches, followed by hydrocolloids and proteins. Food thickeners are used in food applications such as bakery products, confectionery products, sauces, dressings, marinades, gravies, beverages, dairy, frozen desserts, convenience, processed food, among others.

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Europe Food Thickeners Market Scope and Market Size

Europe food thickeners market is segmented based on type, form, nature, source, and application. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.

On the basis of type, the Europe food thickeners market is segmented into protein, starch, hydrocolloids, pectin, and others. In 2022, the hydrocolloids segment is expected to dominate the market due to its growing usage across the food industry.
On the basis of form, the Europe food thickeners market is segmented into gel, powder, granules, and others. In 2022, the powder segment is expected to dominate the market as it is easy to mix and prepare the final food product.
On the basis of nature, the Europe food thickeners market is segmented into GMO and non-GMO. In 2022, the non-GMO segment is expected to dominate the market due to the increasing popularity of organic food in the region.
On the basis of source, the Europe food thickeners market is segmented into plant-based, animal-based, marine, and microbial. In 2022, the plant-based segment is expected to dominate the market due to the increasing trend and shift towards vegan adoption.
On the basis of application, the Europe food thickeners market is segmented into food and beverages. In 2022, the food segment is expected to dominate the market due to the growing usage of food thickeners in different food segments.

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Competitive Landscape and Food Thickeners Market Share Analysis

Europe food thickeners market competitive landscape provides details by a competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the company's focus related to the food thickeners market.

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