Food Grade Thickener Market
Food Grade Thickener Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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Food Grade Thickener Market Size and Growth
The Food Grade Thickener market is experiencing significant growth, driven by rising demand in the food and beverage industry. In 2023, the market size is estimated at USD 4.2 billion, with a projected CAGR of 6.5% through 2030. Key trends include an emphasis on natural ingredients and clean label products.
Companies Covered
(Covid 19 Impact Covered)
◍ Ashland
◍ ADM
◍ CP Kelco
◍ Cargill
◍ Nanjing Jiayi Sunway Chemical
◍ BASF
◍ DuPont
◍ Dow Inc
◍ Celanese
◍ Eastman Chemical
◍ Henkel
◍ Kerry Group
◍ DSM
◍ Elementis
◍ BYK
The Food Grade Thickener Market features key players like Ashland, ADM, and Cargill, who innovate products enhancing texture and stability. These companies drive market growth through R&D, strategic partnerships, and expanding applications in food and beverage. Revenue estimates include:
- Cargill: $134 billion
- ADM: $85 billion
- BASF: $88 billion
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Market Segmentation
By Application
Bakery Products
Meat Products
Fruit Drinks
Others
By Product
◍ Synthetic Polymer
Natural Polymer and Its Derivatives
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Market Growth
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$ X Billion USD
