Market Overview:
The global instant thickener market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as rising demand for convenience foods, increasing disposable income, and growing awareness about health and nutrition. Based on type, the cornstarch segment is expected to lead the global instant thickener market during the forecast period. This can be attributed to its properties such as high viscosity and stability at high temperatures. Based on application, food service is expected to lead the global instant thickener market during the forecast period. This can be attributed to rising demand for convenience foods from this segment across regions.
Product Definition:
Instant Thickener is a powder that is mixed with liquids to create a thicker consistency. It can be used in soups, sauces, and other dishes to add thickness and body.
Cornstarch:
Cornstarch is a carbohydrate polymer, generally derived from corn. It has the ability to thicken liquid without the addition of salt or other seasonings. It can be used as an alternative for flour in various food products such as sauces, soups and gravies, pies fillings and coatings.
Pre-Gelatinized Starches:
Pre-gelatinized starches are highly refined, bleached, and dextrinated starch products. They are used as stabilizers in the manufacturing of thickening agents and emulsifiers. The product is widely used in food & beverage industry for processing milk, cream cheese, juices; meat products; salad dressings; sauces & gravies to provide stability and thickness without altering the taste or quality.
Application Insights:
The food service segment accounted for the largest share of more than 70.0% in 2017. Instant thickeners are used in sauces, soups, gravies and other liquids to improve the consistency of the end product without changing its taste. The growing trend of home cooking as a result of increasing disposable income levels has led to an increased demand for thickening agents in sauces and other liquids at restaurants and hotels across various regions including Asia Pacific, North America and Europe.
The supermarkets/hypermarkets segment is expected to witness significant growth over the forecast period owing to rising consumer awareness regarding health & hygiene issues coupled with rising purchasing power parity (PPP) across various developing countries including India, China Brazil etc.
Regional Analysis:
North America was the largest regional market in 2017 owing to growing consumer demand for convenience food and increasing awareness about health & nutrition. The region is expected to maintain its dominance over the forecast period due to high consumption of thickening agents in various applications such as bakery and confectionery, dairy products, sauces & gravies, meat products.
Asia Pacific is anticipated to be one of the fastest-growing regions with a CAGR of XX% from 2018 to 2030 owing rising population and changing lifestyle resulting in increased demand for packaged foods such as frozen desserts, snacks & meals on-the-go etc., which will drive product adoption across various industries including food service sector.
Growth Factors:
- Increasing demand for convenience foods: The growing demand for convenience foods is one of the key growth drivers for the instant thickener market. Convenience foods are those that can be prepared or cooked quickly and easily, without much effort. This has led to an increase in the number of people who are looking for products that can help them save time in the kitchen. Instant thickeners offer this advantage, and as a result, they are becoming increasingly popular among consumers.
- Rising awareness about health benefits: Another key growth driver for the instant thickener market is rising awareness about health benefits among consumers worldwide. Instant thickeners are considered to be healthier than other food additives such as preservatives and artificial colors, which is why their popularity is increasing rapidly among consumers who are looking for healthier alternatives to processed foods.
- Growing trend of home cooking: A third growth driver for the instant thickener market is the growing trend of home cooking among consumers worldwide. With more people getting interested in learning how to cook their own meals from scratch, there is a greater demand for products that can help make cooking easier and faster – something that instant thickeners excel at doing!
Scope Of The Report
Report Attributes
Report Details
Report Title
Instant Thickener Market Research Report
By Type
Cornstarch, Pre-Gelatinized Starches, Arrowroot, Agar-Agar, Algin (Sodium Alginate), Carrageenan or Irish Moss, GelatinizedGum Arabic or Acacia, Gum Tragacanth, Others
By Application
Food Service, Supermarkets/Hypermarkets, Speciality Stores, Online Retail
By Companies
Ingredion, Kent Precision Foods Group, Inc, Hormel Health Labs, Nestle, SimplyThick LLC, Precise, Fresenius Kabi, Abbott, Danone, Flavour Creations, Medtrition Inc.
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
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Instant Thickener Market Report Segments:
The global Instant Thickener market is segmented on the basis of:
Types
Cornstarch, Pre-Gelatinized Starches, Arrowroot, Agar-Agar, Algin (Sodium Alginate), Carrageenan or Irish Moss, GelatinizedGum Arabic or Acacia, Gum Tragacanth, Others
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
Food Service, Supermarkets/Hypermarkets, Speciality Stores, Online Retail
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:
- Ingredion
- Kent Precision Foods Group, Inc
- Hormel Health Labs
- Nestle
- SimplyThick LLC
- Precise
- Fresenius Kabi
- Abbott
- Danone
- Flavour Creations
- Medtrition Inc.
Highlights of The Instant Thickener 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:
- Cornstarch
- Pre-Gelatinized Starches
- Arrowroot
- Agar-Agar
- Algin (Sodium Alginate)
- Carrageenan or Irish Moss
- GelatinizedGum Arabic or Acacia
- Gum Tragacanth
- Others
- By Application:
- Food Service
- Supermarkets/Hypermarkets
- Speciality Stores
- Online Retail
- 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 Instant Thickener 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
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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?
Instant Thickener is a type of thickener that is used in food and beverage products. It helps to thicken the mixture without having to wait for it to set.
Some of the major players in the instant thickener market are Ingredion, Kent Precision Foods Group, Inc, Hormel Health Labs, Nestle, SimplyThick LLC, Precise, Fresenius Kabi, Abbott, Danone, Flavour Creations, Medtrition Inc..
The instant thickener market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Instant Thickener Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Instant Thickener Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Instant Thickener Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Instant Thickener Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Instant Thickener Market Size & Forecast, 2020-2028
4.5.1 Instant Thickener Market Size and Y-o-Y Growth
4.5.2 Instant Thickener Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Cornstarch
5.2.2 Pre-Gelatinized Starches
5.2.3 Arrowroot
5.2.4 Agar-Agar
5.2.5 Algin (Sodium Alginate)
5.2.6 Carrageenan or Irish Moss
5.2.7 GelatinizedGum Arabic or Acacia
5.2.8 Gum Tragacanth
5.2.9 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Food Service
6.2.2 Supermarkets/Hypermarkets
6.2.3 Speciality Stores
6.2.4 Online Retail
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Instant Thickener Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Instant Thickener Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Cornstarch
9.6.2 Pre-Gelatinized Starches
9.6.3 Arrowroot
9.6.4 Agar-Agar
9.6.5 Algin (Sodium Alginate)
9.6.6 Carrageenan or Irish Moss
9.6.7 GelatinizedGum Arabic or Acacia
9.6.8 Gum Tragacanth
9.6.9 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Food Service
9.10.2 Supermarkets/Hypermarkets
9.10.3 Speciality Stores
9.10.4 Online Retail
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Cornstarch
10.6.2 Pre-Gelatinized Starches
10.6.3 Arrowroot
10.6.4 Agar-Agar
10.6.5 Algin (Sodium Alginate)
10.6.6 Carrageenan or Irish Moss
10.6.7 GelatinizedGum Arabic or Acacia
10.6.8 Gum Tragacanth
10.6.9 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Food Service
10.10.2 Supermarkets/Hypermarkets
10.10.3 Speciality Stores
10.10.4 Online Retail
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Cornstarch
11.6.2 Pre-Gelatinized Starches
11.6.3 Arrowroot
11.6.4 Agar-Agar
11.6.5 Algin (Sodium Alginate)
11.6.6 Carrageenan or Irish Moss
11.6.7 GelatinizedGum Arabic or Acacia
11.6.8 Gum Tragacanth
11.6.9 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Food Service
11.10.2 Supermarkets/Hypermarkets
11.10.3 Speciality Stores
11.10.4 Online Retail
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Cornstarch
12.6.2 Pre-Gelatinized Starches
12.6.3 Arrowroot
12.6.4 Agar-Agar
12.6.5 Algin (Sodium Alginate)
12.6.6 Carrageenan or Irish Moss
12.6.7 GelatinizedGum Arabic or Acacia
12.6.8 Gum Tragacanth
12.6.9 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Food Service
12.10.2 Supermarkets/Hypermarkets
12.10.3 Speciality Stores
12.10.4 Online Retail
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Cornstarch
13.6.2 Pre-Gelatinized Starches
13.6.3 Arrowroot
13.6.4 Agar-Agar
13.6.5 Algin (Sodium Alginate)
13.6.6 Carrageenan or Irish Moss
13.6.7 GelatinizedGum Arabic or Acacia
13.6.8 Gum Tragacanth
13.6.9 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Food Service
13.10.2 Supermarkets/Hypermarkets
13.10.3 Speciality Stores
13.10.4 Online Retail
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Instant Thickener Market: Competitive Dashboard
14.2 Global Instant Thickener Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Ingredion
14.3.2 Kent Precision Foods Group, Inc
14.3.3 Hormel Health Labs
14.3.4 Nestle
14.3.5 SimplyThick LLC
14.3.6 Precise
14.3.7 Fresenius Kabi
14.3.8 Abbott
14.3.9 Danone
14.3.10 Flavour Creations
14.3.11 Medtrition Inc.
