Market Overview:
The global food binders market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for convenience foods and rising awareness about the health benefits of food binders. Based on type, the global food binders market is segmented into sugar type, starch type, protein type, and gel type. The sugar type segment is projected to lead the global food binders market in terms of revenue during the forecast period from 2018 to 2030. This can be attributed to its growing use in bakery products and confectioneries owing to its ability to improve texture, flavor stability, and shelf life. Based on application, the global food binders market is segmented into household applications, factory applications (including processed meat & poultry products), and restaurant applications. The household application segment accounted for a major share of revenue in 2017 owing to its widespread use across various types of foods such as bakery items, ready-to-eat meals,, snacks etc.
Product Definition:
A food binder is a substance that is used to hold other ingredients together in a food product. Food binders are often used in products such as cakes, cookies, and other baked goods. They help to create a cohesive texture and ensure that the ingredients stay together.
Sugar Type:
Sugar type is a major ingredient in food binders. Food binders are used to enhance the viscosity of food products and hold ingredients together. They can be natural or artificial in nature, for example, agar-agar is an artificial binder used in vegan foods such as jellies and desserts whereas guar gum is derived from plant seeds and has natural binding properties.
Starch Type:
starch type is a carbohydrate that occurs in plants and is responsible for providing the viscosity or glue to foods. The most common types of starches used as food binders are amylopectin, glycogen, and starch arabic. Starch can be extracted from various sources including rice, wheat, maize (corn), potato, sweet potatoes; it varies according to its source and different applications in end-use industries.
Application Insights:
The global food binders market is segmented on the basis of application into household, restaurants and food factories. The household segment dominated the overall market in terms of revenue in 2017. This high share is attributable to rising demand for convenience foods such as ready-to-eat meals, frozen meals and snack foods that require minimal preparation time. Moreover, increasing disposable income coupled with changing lifestyles has led to an increase in demand for packaged products such as cereals, cookies and snacks among other convenience products across the globe.
Protein binder was one of the largest segments within this industry owing to its wide applications including bakery & confectionery product manufacturing which include cakes, pastries pies crusts etc., dairy product manufacturing which include cheese spreads yogurts parfaits ice creams etc.
Regional Analysis:
North America was the largest market for food binders, accounting for more than 35% of global revenue in 2017. The region is expected to maintain its dominance over the forecast period. Increasing meat consumption in North America and rising awareness regarding food safety are likely to drive product demand further. Rising consumer preference for convenience foods such as burgers, sandwiches, and ready-to-eat meals is also expected to propel industry growth over the coming years.
Asia Pacific is anticipated to be one of the fastest growing markets with a CAGR exceeding 6% from 2018 to 2030 owing to rapid industrialization along with increasing population in countries such as China and India that has led towards an increase in household income levels which has resulted into increased spending on home cooked meals by consumers thus driving product demand across various applications including restaurants and households across these countries.
Growth Factors:
- Increasing demand for convenience foods: The growing demand for convenience foods is one of the key growth drivers for the food binders market. Convenience foods are those that can be prepared or served quickly and easily, without much effort. They are generally pre-packaged and ready to eat. Such foods are becoming increasingly popular among consumers, especially working professionals and young adults, due to their busy lifestyles. This is driving the demand for food binders, as they help in preparing convenient food products quickly and easily.
- Rising awareness about health benefits of dietary fiber: There has been a rising awareness among consumers about the health benefits of dietary fiber in recent years. Dietary fiber helps in maintaining a healthy digestive system and prevents various diseases such as obesity, heart disease, etcetera . This is leading more people to include high-fiber foods in their diets, which is boosting the demand for food binders worldwide .
Scope Of The Report
Report Attributes
Report Details
Report Title
Food Binders Market Research Report
By Type
Sugar Type, Starch Type, Protein Type, Gel Type
By Application
Household, Food Factory, Restaurants
By Companies
ADM, Bavaria Corp, Advanced Food Systems, Brenntag North America, Ingredion, Cargill, Solvaira Specialties, Nexira, Innophos, ICL Food Specialties, Advanced Food Systems, Newly Weds Foods, SK Food International, Franklin Foods West
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Food Binders Market Report Segments:
The global Food Binders market is segmented on the basis of:
Types
Sugar Type, Starch Type, Protein Type, Gel Type
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Household, Food Factory, Restaurants
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- ADM
- Bavaria Corp
- Advanced Food Systems
- Brenntag North America
- Ingredion
- Cargill
- Solvaira Specialties
- Nexira
- Innophos
- ICL Food Specialties
- Advanced Food Systems
- Newly Weds Foods
- SK Food International
- Franklin Foods West
Highlights of The Food Binders Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Sugar Type
- Starch Type
- Protein Type
- Gel Type
- By Application:
- Household
- Food Factory
- Restaurants
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Food Binders Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Food binders are a type of adhesive that is used to keep food together. They can be found in a variety of forms, including liquid, powder, and paste.
Some of the major companies in the food binders market are ADM, Bavaria Corp, Advanced Food Systems, Brenntag North America, Ingredion, Cargill, Solvaira Specialties, Nexira, Innophos, ICL Food Specialties, Advanced Food Systems, Newly Weds Foods, SK Food International, Franklin Foods West.
The food binders market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Food Binders Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Food Binders Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Food Binders Market - Supply Chain
4.5. Global Food Binders Market Forecast
4.5.1. Food Binders Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Food Binders Market Size (000 Units) and Y-o-Y Growth
4.5.3. Food Binders Market Absolute $ Opportunity
5. Global Food Binders Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Food Binders Market Size and Volume Forecast by Type
5.3.1. Sugar Type
5.3.2. Starch Type
5.3.3. Protein Type
5.3.4. Gel Type
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Food Binders Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Food Binders Market Size and Volume Forecast by Application
6.3.1. Household
6.3.2. Food Factory
6.3.3. Restaurants
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Food Binders Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Food Binders Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Food Binders Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Food Binders Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Food Binders Demand Share Forecast, 2019-2026
9. North America Food Binders Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Food Binders Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Food Binders Market Size and Volume Forecast by Application
9.4.1. Household
9.4.2. Food Factory
9.4.3. Restaurants
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Food Binders Market Size and Volume Forecast by Type
9.7.1. Sugar Type
9.7.2. Starch Type
9.7.3. Protein Type
9.7.4. Gel Type
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Food Binders Demand Share Forecast, 2019-2026
10. Latin America Food Binders Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Food Binders Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Food Binders Market Size and Volume Forecast by Application
10.4.1. Household
10.4.2. Food Factory
10.4.3. Restaurants
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Food Binders Market Size and Volume Forecast by Type
10.7.1. Sugar Type
10.7.2. Starch Type
10.7.3. Protein Type
10.7.4. Gel Type
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Food Binders Demand Share Forecast, 2019-2026
11. Europe Food Binders Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Food Binders Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Food Binders Market Size and Volume Forecast by Application
11.4.1. Household
11.4.2. Food Factory
11.4.3. Restaurants
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Food Binders Market Size and Volume Forecast by Type
11.7.1. Sugar Type
11.7.2. Starch Type
11.7.3. Protein Type
11.7.4. Gel Type
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Food Binders Demand Share, 2019-2026
12. Asia Pacific Food Binders Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Food Binders Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Food Binders Market Size and Volume Forecast by Application
12.4.1. Household
12.4.2. Food Factory
12.4.3. Restaurants
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Food Binders Market Size and Volume Forecast by Type
12.7.1. Sugar Type
12.7.2. Starch Type
12.7.3. Protein Type
12.7.4. Gel Type
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Food Binders Demand Share, 2019-2026
13. Middle East & Africa Food Binders Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Food Binders Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Food Binders Market Size and Volume Forecast by Application
13.4.1. Household
13.4.2. Food Factory
13.4.3. Restaurants
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Food Binders Market Size and Volume Forecast by Type
13.7.1. Sugar Type
13.7.2. Starch Type
13.7.3. Protein Type
13.7.4. Gel Type
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Food Binders Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Food Binders Market: Market Share Analysis
14.2. Food Binders Distributors and Customers
14.3. Food Binders Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. ADM
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Bavaria Corp
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Advanced Food Systems
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Brenntag North America
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Ingredion
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Cargill
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Solvaira Specialties
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Nexira
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Innophos
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. ICL Food Specialties
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Advanced Food Systems
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Newly Weds Foods
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. SK Food International
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Franklin Foods West
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
