Liquid Thickeners: Market Outlook
The food ingredients which are used to increase the consistency of the product by keeping the taste and quality unchanged are commonly known as the thickening agents. The liquid food thickeners have various applications I food processing industry such as bakery and confectionery products, dairy products, soups and sauces, and others. Polysaccharides and proteins are the main sources of food thickeners. The food thickeners are the results of processed polysaccharides and proteins. The consumers are demanding the food thickeners derived from the organic products as they give more importance to the origin of food which they consume.
The liquid thickeners provide the expected consistency to the food product. The binding properties of the food product get increased due to the use of liquid thickeners in while preparing the food. The demand for liquid thickeners is increasing due to the increasing application of liquid thickeners in convenience food. The demand for convenience food increasing hence the demand for liquid thickeners is also increasing across the globe. The use of liquid thickeners is also increasing the texture of the food product, this is driving the market demand for liquid thickeners in the global market.
The changing food preference of the consumers is driving the growth of the liquid thickeners market
The demand for convenience food is increasing due to the change in the lifestyle of the consumers. The urban population of the world is living the fast-moving life and this increases the demand for convenience food. This increasing demand driving the market growth of the liquid thickeners market. The growing trend of veganism is forcing manufacturers to use plant-based products. This trend is expected to boost the market growth of the plant-based liquid thickeners. The liquid thickeners also have the applications in the cosmetics and personal care industry due to its excellent binding, thickening, and texturizing properties. The liquid thickeners provide particular consistency and texture to the cosmetic products like moisturizers and beauty creams. This increasing demand for the liquid thickeners in the cosmetics and personal care industry is expected to boost the market growth of the liquid thickeners.
Global Liquid Thickeners Market: Market Segmentation
On the basis of Product Type, global liquid thickeners market has been segmented as,
On the basis of Source, global liquid thickeners market has been segmented as,
On the basis of Application, global liquid thickeners market has been segmented as,
Liquid Thickeners Market: Market Participants
The market participants in the global liquid thickeners market identified across the value chain include Ingredion Incorporated, Archer Daniels Midland Company, Ashland Specialty Ingredients, E. I. du Pont de Nemours and Company, Kerry Group Plc., Acuro Organics Limited, TIC Gums, Inc., Fuerst Day Lawson Ltd among the others liquid thickeners manufacturers.
Opportunities for the Participants in the Liquid Thickeners Market
The increasing use of liquid thickeners in the convenience food and processed food is increasing the demand for the liquid thickeners in the food and beverage industry. The growing demand for the convenience food across the globe is significantly driving the market growth of the liquid thickeners market. The properties of the liquid thickeners allow them to increase the stability, consistency and improve the flavor of the processed food. Consumers are opting for the healthier food options, their changing lifestyle and increasing demand for the instance beverages is expected to grow the market demand for the liquid thickeners across the globe during the forecasted period.
In cosmetics and personal care industry, stabilizers are important to maintain the stability of an emulsion, the liquid thickeners are used as the stabilizers in the cosmetic product such as skincare products, hair care products, etc. The stabilization and texturizing properties of the liquid thickeners are also beneficial in the petrochemical industry, paint industry, and printing industry. The use of liquid thickeners in the infant food formulation in the regions like South Asia and East Asia is driving the market growth of the liquid thickeners across the globe over the forecasted period.