FOOD, NUTRITION AND ANIMAL FEED

Top 5 trends impacting frozen bakery additives market share

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The global frozen bakery additives market is poised to attain substantial growth in the upcoming years, owing to the shifting patterns in food consumption and demand. Although additives aren’t the most significant ingredient in baked goods, any baked item is almost impossible to make without additives. Moreover, additives offer bakers with endless opportunities to customize and develop new recipes, paving way for new food trends. In consequence, this would positively impact frozen bakery additives market share.

U.S. Frozen Bakery Additives Market Size, By Application, 2018 & 2025, (Kilo Tons)
U.S. Frozen Bakery Additives Market Size, By Application, 2018 & 2025, (Kilo Tons)

Enlisted below are some significant food trends most likely to influence frozen bakery additives industry share in the coming years:

Artisanal Bread

The desire to consume a traditionally baked loaf of bread packed with rich flavors, soft textures, and a distinct character has observed a spike among the global population. Artisan or Artesano style bread is considered more art than food among bread lovers and is gaining popularity across the globe.

The retail giant Kroger is reportedly bringing its range of artisan bread Moulin Francais to over 100 stores in the Mid-Atlantic. Increasing demand for this style, be it from restaurants or residential establishments, will increase the frozen food additives market share from frozen breads application segment.

Use of Natural Colors

With increasing health awareness, consumers are actively looking for natural ingredients. As per credible baking predictions for 2019, the baking industry will lean towards natural color, produced from vegetables, fruits, and other plant extracts.

Natural coloring not only enhances the appearance and taste of the baked good, but it also offers an array of health benefits. This trend could surge the adoption of natural colorants over the following years, thereby boosting the frozen bakery additives market share.

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CBD-infused foods

After its legalization in certain countries, the use of CBD in foods has observed a dramatic rise over the past year and is said to experience an exponential increase in the coming years as well. Despite the buzz surrounding CBD-infused food items, the ones that have actually made it to the market are CBD-infused Pizzas and cookies. Customers are seen flocking outside South Florida eateries to grab a slice of pizza spritzed with cannabis oil.

Oreo producer Mondelez is reportedly planning on making CBD infused cookies and snacks as well, claim reports. Considering the high anticipation amongst consumers, it is safe to assume that the success of these products will positively impact enzymes market – given that food enzymes are commonly used in doughs. In consequence, this trend is likely to impel frozen bakery additives industry share.

Healthy snacking

Irrefutably, the demand for healthy and more nutritious food is rising at a consistent pace. The frozen foods industry is pitching on this trend and offering plenty of options for health-conscious consumers. For instance, whole grain breads and biscuits are quite popular among fitness enthusiasts. The increasing demand for healthy frozen baked goods will trigger the demand for additives, thereby supporting the frozen bakery additives market growth.

Food pairing

The ideology behind food pairings is quite simple – the more aromatic compounds two foods have in common, the more delightful they are together.  Food pairing, although not a new concept, has started making strides in the frozen bakery industry. In a recent instance, Veroni, the Italian food firm, paired the excellence of craft food with the convenience of microwave-ready food.

The company has introduced a range of flavorful panini using pizza base, instead of the traditional Italian bread. Additives such as baking powder and ascorbic acid are some of the significant ingredients in pizza doughs, which makes this infrequent pairing rather popular, boosting frozen bakery additives market size.

The rising need to enhance production capacity and the burgeoning demand for baked goods are poised to augment the remuneration potential of frozen bakery market. Powered by a slew of advantages the frozen bakery additives are known to enhance, taste, texture, and shelf life of the product, along with maximizing production and accomplishing greater volume within a shorter span of time.
According to a research report by Global Market Insights, Inc. the overall frozen bakery additives market share is projected to exceed $2.30 billion by 2025.

Author NameKrithika Krishnan

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The future of whiskey market: rising number of distilleries and changing perceptions toward alcohol consumption to impact the industry size

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Strong demand for premium alcoholic beverage triggered by growing disposable incomes will foster the global whiskey market growth over the ensuing years. The drink presently offers consumers a substantial spectrum of price range and taste profiles, with local producers and renowned brands equally contributing to the trend. The availability of a plethora of options and the whole brigade of engaging flavors to choose from offers a significant push to the global whiskey industry size.

North America Whiskey Market, By Product, 2018 & 2025, (Million Liters)

North America Whiskey Market, By Product, 2018 & 2025, (Million Liters)

Moreover, the transformations that this market has undergone with respect to pricing, flavors, packaging, distribution, customization, and marketing has helped it in beating all the odds. Without doubt, whiskey market size has continued to show an increase with the changing perceptions and attitudes surrounding dark spirits.

How have various geographical territories contributed to the upward trend in the whiskey industry?

The North American sub-continent, Canada produces more than 21 million cases of whiskey, known for its light and smooth style and is home to nearly 30 distilleries. India is emerging as the fastest growing global center for whiskey production, with sales of over 120 million cases and the production of 3468.4 million liters of whiskey in 2018.

Meanwhile, Japan produces nearly 94.5 million liters every year and is the fourth largest whiskey producer in the world. The United States is also one of the largest producers of whiskey – the country as a matter of fact, gave the world popular brands like Jack Daniels and Jim Beam. In addition, the growing travel & tourism industry along with the emergence of the middle-class population in Asia, Africa, and South America have stimulated the consumption rate.

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Given the above backdrop, it is safe to assume that the constant increase in production and consumption rates across the world will provide substantial momentum to the whiskey market over the coming years.

In terms of geographical growth, Asia Pacific is anticipated to emerge as a strong contender in the global market. According to a research report by Global Market Insights, Inc., the Asia Pacific whiskey market size is estimated to surpass $37 billion by 2025. Some important factors stimulating regional growth include rising production from nations like India, Japan, Taiwan and more, rapid urbanization, rising population of consumers within legal drinking age and heavy spending on high-quality alcohol.

Is age-mix impacting the growth trajectory of the whiskey industry?

Today, it would be wrong to believe that whiskey as a category doesn’t resonate with the youth. The drink is starting to shed its conservative image and has gained significant popularity. Lately, the youth population across the globe are increasingly leaning to scotch whiskeys, bourbons, and Irish whiskeys as opposed to staple beers, vodkas, rum, and others.

The key factor propelling whiskey consumption across individuals of all age groups is the rising cocktail and mixology culture, which is strongly influenced by social media networks like Instagram. Speaking of the cocktail culture, countries like the U.S. have observed rising appreciation for bourbon whiskey among millennials, which has considerably magnified the nation’s sales and the regional whiskey market size.

Moreover, owing to millennials’ rising preference for premium-quality alcohol, the country’s sale of Irish whiskey has also jumped 9.4% in the past year. Thanks to the beverage’s growing millennial appeal and heavy inclusion in cocktails, whiskey market will continue to thrive in the global alcoholic beverage industry.

What does the rising number of distilleries mean for the whiskey industry?

The rise in the count of distilleries offering consumers a wide range of whiskeys also serves as a major factor accelerating market growth. According to credible reports, over 200 new distilleries have opened in the UK over the last five years, whereas, there has been an addition of 18 new distilleries in Scotland, owing to the rising demand for Scotch whiskey.

Additionally, the growing interest in craft whiskeys and regional variations have triggered development among independent and artisan distillers. The United States is home to more than 1,500 active craft distillers, with whiskey being their chief offering. Increasing distillery numbers would be a key driver for enhancing whiskey industry size over the foreseeable years.

Of late, it has been observed that consumer perceptions regarding alcohol are changing and they are becoming more aware of the kind of beverages they consume. Having said that, the grain-based whiskey segment has amassed a significant share of the whiskey industry, owing to its health benefits and superior quality.

Regardless of the cold attitude towards alcoholic beverages, whiskey industry size is slated to touch newer heights in the ensuing years owing to the growing number of distilleries, amplified regional contribution, rising product popularity amid youth consumers, and burgeoning product innovations. With regards to the growth projection, it has been speculated that global whiskey market size is estimated to cross $84 billion by the end of 2025.

Author NameKrithika Krishnan

How will food biotechnology market share increase over 2019-2025 driven by the efforts of core industry contenders pertaining to manufacturing innovative products?

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In an era characterized by the prevalence of consistent R&D programs, food biotechnology market share has shown quite a major increase. Biotechnology has always been of immense significance in the global F&B industry, given that it has aided the production of higher crop yields, reduction of the tilling of farmland, and reduction in the use of agricultural chemicals directed to lower runoff of these products into the environment.

North America Food Biotechnology Market, By Application, 2018 & 2025, (USD Million)

North America Food Biotechnology Market, By Application, 2018 & 2025, (USD Million)
That apart, the deployment of biotechnology in the food sector has also enabled the growth of crops with improved nutrition profiles to resolve nutritional deficiencies, produce allergen and toxin-free foods, and much more. It does not come as a surprise that these technological developments have helped improve food production patterns and will continue to enhance the future of food biotechnology market.

Biotechnology today makes available revolutionary products and technologies for modifying our food. Speaking of which, the first genetically modified product to be approved by the FDA for commercialization was Flavr Savr tomato. In 1994, scientists at the Calgene company inhibited the ripening process by intruding with the natural softening of the tomato. They toiled to grow tomatoes possessing much longer shelf-lives than the traditional types on the market leveraging an antisense gene to block the creation of an enzyme involved in cell wall breakdown.

Despite regulations and legislations over genetically modified organisms (GMOs) and bioengineered additives, advancements are still being worked on throughout the world. The prevalence of such consistent efforts by the companies pertaining to technological advancements will have a significant impact on food biotechnology market growth.

Gene modification has been in the experimental phase since 1994. It has been recently noted that Brazilian researchers are working to grow spicy tomatoes through Crispr gene-editing techniques as chilly farming is way more difficult than tomato farming. Food biotechnology market, as on today, is characterized by a slew of innovative product launches and funding for R&D programs.

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A food biotechnology leader Clara food has recently announced to raise an undisclosed amount in Series B funding round led by Ingredion to accelerate commercialization of the first animal-free egg protein in the world, expand research and development capabilities, and broaden the product road map. As a part of the round, both the companies will sign an agreement to work together to establish a global platform serving the food and beverage industry. Many such companies opt for collaborations as a pivotal strategy that will help boost food biotechnology market share.

Apart from collaborations and fund raisings, there are also companies working toward innovations for increasing consumer base in market. Recently, Minnesota-based Calyxt, Inc. has rolled out a new gene edited soybean oil. The company has simply edited the genes within the crops with the use of technology to speed up a process which could have occurred naturally. The launch of such innovative edible products is likely to expand the consumer base of food biotechnology market and upsurge the industry share.

The Future of food biotechnology market

Rigorous efforts and product innovations aside, the global food biotechnology market is still vulnerable as far as mass consumer acceptance is concerned. According IFIC’s 2008 Food Biotechnology: A Study of US Consumer Trends, the majority (53%) of customers have neutral insights about plant biotechnology.

A greater part of consumers will purchase foods produced through biotechnology for specific benefits including delivering more healthy fats (78%), like saturated fat (75%), reducing trans (76%) and Omega-3; and making foods taste better or fresher (67%). In the years to come, as consumer preference for food produced via biotechnology depicts a rise and core companies continue to cater to changing customer demands, food biotechnology market share is likely to showcase an upsurge.

Author Name :Anchal Solanki

Flavouring agents market to accrue substantial revenues from the beverages segment over 2019-2025, use of natural flavors to offer significant growth prospects to the industry

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Increasing production of processed food products and beverages has proliferated flavouring  agents market share, owing to evolving consumer lifestyles and the consistent demand for all sorts of snacks, confectionaries as well as alcoholic and non-alcoholic drinks. Consumption trends can differ according to specific geographical areas, such as products mainly suited for Asian countries may not always be acceptable in Europe. The diversity in taste preferences and categories of food or beverages consumed offers considerable growth opportunities to the flavouring  agents industry. Soaring inclination of health conscious people towards beverages containing natural flavors will stimulate notable R&D efforts among industry players.

North America Flavouring Agents Market, By Application, 2018 & 2025, (Kilo Tons)
North America Flavouring Agents Market, By Application, 2018 & 2025, (Kilo Tons)

A prominent driver for the natural flavouring  agents market has been the support from regulators and food safety agencies with regards to the specification and application of numerous flavors in different product types. The U.S. FDA, for instance, has issued a list of natural flavors and adjuvants that can be safely used in processed food, alcohols and other consumables. Under FDA’s support, the Flavor and Extract Manufacturers Association of the U.S. researches the safety of available flavors and consists of ingredient suppliers, flavor users and other associated parties. It is aimed at ensuring a continuous supply of safe flavor substances for use in the country, enormously boosting the regional flavouring  agents industry.

It is believed that worldwide, consumers are now more mindful of the ingredients present in their drinks and their functional value, making it imperative to not only include natural substances in them but also to provide a clear and informative labelling. From fruit juices and coffee flavored beverages to soft drinks, natural flavors are being used to meet the growing expectations of people and delivering innovative, health-friendly products. Apparently, enhancing the taste of nutritious drinks would influence customers to buy them more often, while doing so with natural ingredients will guarantee a wider consumer base for them. According to the European Association of Juice Manufacturers, around 9.18 billion liters of fruit juice was consumed in the region in 2017, indicating tremendous prospects for the natural flavouring  agents market.

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Beverage giants like Coca-Cola, Dr Pepper and Pepsi have supposedly taken major steps to adopt naturally-sourced substances and sweeteners to improve the taste and address health concerns related to their products. The flavouring  agents market can be expected to witness significant demand from major soft drink manufacturers over the coming years, attributed to the fact that Coca-Cola alone sells more than 1.9 billion drinks all over the world every day . In addition, natural ingredients seem to allow development of high-quality brewery products, an area which has been one of the most promising segments for the flavouring  agents industry globally.

Essentially, producers of beer and other alcoholic drinks can take advantage of natural agents to achieve required properties like natural colors and fruity taste, to offer consumers an inimitable sensory experience. Breweries can develop products with popular tastes like ginger, lemon, grapefruit, among others, using plant-derived flavors. The beer, wine and spirits industry is one of the prominent GDP contributors across the world, understandably becoming a vital revenue source for the natural flavouring  agents market. Demonstrating the massive prospects for suppliers of natural flavors, U.S. itself boasted of over 5,600 breweries in 2017 and domestically sells more than $119.3 billion worth malt beverages and beer annually.

All in all, anticipated to reach a global valuation of over $21.2 billion by 2025, the flavouring  agents market will amass remarkable proceeds from the application of natural flavors in beverage production. Firmenich, Frutarom Industries, Givaudan, International Flavors & Fragrances Inc., Sensient Technologies, Symrise AG and Takasago International are some of the key industry participants continuously seeking to expand the reach of their innovative products.

Author NamePankaj Singh

Supermarkets to hold highest infant formula market share by 2025, APAC to emerge as a prominent revenue pocket

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Increased demand for baby nutrition resulting from consistent growth of population will reinforce the global infant formula market, with evolving lifestyles of parents influencing their purchasing behavior as well as the availability of essential products. In recent times, continuous economic development worldwide has affected the workforce diversity as more women are now working to support families and have busier lives, needing healthy but read-to-make baby food. The infant formula industry has gained traction specifically on account of modern mothers wanting various products offered that contain necessary ingredients like proteins, minerals, vitamins, carbohydrates and fats. These products are being considered as a suitable alternative to human milk and increasing awareness about baby health will thus further drive the market demand.

U.S. Infant Formula Market Size, By Product, 2014 – 2025 (USD Million)
U.S. Infant Formula Market Size, By Product, 2014 - 2025 (USD Million)

Rapid proliferation of the infant formula market has also stemmed from favorable regulations on the production and quality of products. The U.S. FDA categorizes infant formula under its Federal Food and Drug and Cosmetics act, citing various added requirements and minimum needed concentration of various vital nutrients infused in the formula. The FDA apparently carries out inspection of manufacturing facilities where formula is made, ensuring the quality and safety of every batch of product released. Similar monitoring of facilities and implementation of food regulations globally will boost the confidence in product quality among consumers, fueling the infant formula industry expansion.

Specialty infant formulas are emerging as a novel application area in baby healthcare, as they are designed to address different ailments a baby can suffer, including galactosemia, reflux, spit up or lactose-intolerance. Augmented consumption of specialty formulas will certainly accelerate development of the infant formula market, in concurrence with the explosion in consumer purchasing power. The presence of large supermarket chains worldwide has made products easily accessible to majority of customers as well as helped to propagate their benefits. The Asia-Pacific (APAC) infant formula market, projected to record more than 10% CAGR over 2019-2025, will particularly advance through in-store product sales.

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Elaborating further, although e-commerce has garnered tremendous momentum in APAC, most parents in the region are expected to purchase baby food in the traditional way, in convenience stores and supermarkets. The region has experienced massive rise in the number of supermarket chains over the last few decades, where both domestic and international brands have established a foothold and loyal customer base. Anticipated to surpass a population of 4.7 billion by 2025, Asia will undoubtedly represent the biggest target base for infant formula industry players, in turn providing lucrative prospects for supermarkets to leverage on the incessant consumption of a crucial food product category.

A leading retail brand based in China, Lianhua, operates around 3,421 supermarket and convenience store outlets across 17 municipalities and provinces in the country. The Chinese market is home to several other domestic supermarket chains, including Yonghui, Wu-Mart and Haihang Commercial, along with few global names. U.S. retail giant Walmart, for instance, serves customers in China through 412 Walmart Supercenter and 23 Sam’s Club outlets in the nation. Thousands of existing supermarkets spread throughout rural and urban areas in the region will provide higher consumer access and a remarkable growth platform for the infant formula market in Asia. Incidentally, supermarkets also held the highest revenue share in 2018 amounting to USD 18 billion and are expected to account for the maximum of infant formula market share by 2025.

Speaking further on the enormous opportunities derived from retail, Australia-based Woolworths is the biggest supermarket chain in the country and runs nearly 995 stores all over the continent. The company allows its customers to not only gain access to numerous key products in stores, but also lets them shop online. Such efforts by supermarkets to digitize their process and allow customers to browse, choose and pay for products online will incredibly transform the APAC infant formula industry by helping specific products reach a wider audience. It will, in addition, assist them in competing with e-commerce and online grocery delivery services.

As the retail sector in APAC region keeps pace with the requirements of a surging infant population, significant consumption of novel milk substitutes can be expected due to ever-changing consumer preference. Propelled by a broader access to distribution channels like supermarkets, hypermarkets and online stores, the global infant formula market is forecast to reach an annual valuation of more than $98 billion by 2025.

Author NamePankaj Singh

Global plant based ingredients market remuneration to cross a mammoth USD 3 trillion by 2025, surging demand for dietary supplements to propel the industry expansion

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The plant based ingredients market has recently been growing at a remarkable pace, characterized by the rising preference towards non-meat diets, along with the robust demand for nutritional content. A rise in the consumer consciousness on high fiber and allergen-free food products has pushed them towards milk substitutes for delivering essential protein requirement, which in turn will propel the plant based ingredients market.

U.S. Soy Based Ingredients Market Size, By Application, 2018 & 2025, (Million Tons)
U.S. Soy Based Ingredients Market Size, By Application, 2018 & 2025, (Million Tons)

An increase in awareness about animal health among animal feed manufacturers and farmers will surge the demand for plant based ingredients since these help to improve the livestock growth efficiency. There has also been a surge in the demand for dietary and sports supplements owing to their high nutritional specifications in contrast with other synthetic proteins. Additionally, the demand graph incorporates the rising requirement from various health and fitness centers, creating commendable growth opportunities, which will drive the expansion of plant based ingredients market in the years to come.

Escalating demand for chemical-free products has raised the usage of plant based ingredients in the cosmetic industry, pertaining to the anti-aging properties of these ingredients. There has also been a spurt of requirement for natural skincare products owing to a rise in health concerns due to synthetic chemicals. The rising demand for nutrient rich feed as well as increasing awareness about healthy eating among consumers will steer the growth map of the overall plant based ingredients market.

Consumers in recent times have also been paying more attention to the label claims while buying food products. This has led to an increase in the demand for natural ingredient based product due to their high level of protein, thereby augmenting the growth of plant based ingredients market.

Enumerated below is a gist of the key applications that will help catapult the growth of plant based ingredients market:

Unveiling plant based ingredients market trends from the food & beverage sector:

The food and beverage (F&B) industry has been witnessing a healthy growth spectrum of sorts, globally, over the last decade. The expansion is likely to continue not only in the developed economies of the U.S. and Europe, but also in in the emerging markets spanning the Middle East & Africa and Asia Pacific. According to reliable reports, the U.S. holds a major share in the global F&B industry, followed by other nations such as China, Japan, and India. It has been observed that plant-based diets are gaining huge prominence in the mature F&B markets. As per a Nielsen Homescan survey in 2017, around 39% of Americans were actively trying to consume more plant-based foods.

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The prevailing focus on natural foods and plant-based diets owing to health awareness among consumers will foster the plant based ingredients market from the food & beverages applications. Not to mention, as the F&B industry continues to expand, prominent beverage companies and meal & snack firms have been upping their portfolio by including healthy, natural ingredients, considering the rising consumer interest in plant foods and the ongoing trend of health consciousness. This would in consequence, have a pivotal impact on the commercialization scale of the global plant based ingredients market.

Unveiling plant based ingredients market trends from dietary supplements applications:

The dietary supplements sector is expected to emerge as one of the most profitable application avenues for plant based ingredients market. Undeniably, this growth could be credited toward the escalating health awareness and the aging population across the globe. An increase in the awareness about the multitude of benefits of minimally-processed, natural supplements over synthetic supplements will also help impel the plant based ingredients market size from dietary supplements in the years ahead.

Another factor driving the plant based ingredients industry trend from dietary supplements is the rising demand from health and fitness centers. Say for instance, pea protein market has been gaining commendable traction, especially from the sports supplement industry, owing to the product’s extensive nutritional parameters. Indeed, plant based ingredients market share from pea products is anticipated to register a CAGR of 5% over 2019-2025.

Endorsed by a huge application terrain, the plant based ingredients market is anticipated to showcase a highly lucrative growth in the forthcoming years. According to estimates, the valuation of the overall plant based ingredients market would cross a colossal US$13 trillion by the end of 2025.

Author NamePankaj Singh

Global food thickeners market from dairy and frozen dessert applications to procure modest proceeds by 2025, escalating demand for processed foods worldwide to fuel the industry growth

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A robust rise in the hospitality industry and the subsequent rise in the number of restaurants worldwide will primarily impact food thickeners market over the years to come. Besides the basic need of meal and beverage consumption, restaurants have also served as a perfect spot for building connections and shaping social relations. With the rapid urbanization and globalization of emerging economies and a growing number of small businesses in developed nations, restaurants are occupying a significant place in shaping the overall economy and make up of cities across the world.

China Food Thickeners Market Size, By Product, 2018 & 2025, (Kilo Tons)

China Food Thickeners Market Size, By Product, 2018 & 2025, (Kilo Tons)

In Dubai, the total number of operational restaurants reached over 11,810 by the end of 2018, spurred by the city’s sophisticated infrastructure and its favorable environment for conducting businesses transactions. Meanwhile, the United States is witnessing a massive boom in the mobile food business. This business is less risky and more diverse compared to brick and mortar restaurants since it requires significantly lower upfront investment and provides plenty of opportunities to experiment with new menu items. The growing number of restaurants and food spots will thus favor the global food thickeners market as the product is extensively used to thicken liquid food and as a binding ingredient.

Increasing development in the dairy and frozen desserts sector, especially in parts of Asia Pacific like India are one of the supportive factors driving the growth of food thickeners industry. India is the world’s largest producers and consumers of dairy products accounting for 20% of the world production. The regional market is witnessing rapid growth and is estimated to grow even further over the foreseeable years. Increase in production is further favored by growth in online milk shopping, increasing purchasing power, rapid urbanization, shifting food habits and demographic growth.

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With rising disposable incomes, consumers have started improving their protein intake and are slowly shifting toward high-quality packaged dairy products and frozen desserts. Recently, Mondelez India partnered with Hindustan Unilever Limited to merge Cadbury Oreo and Cadbury Gems with HUL’s Kwality Walls line of frozen desserts to satisfy consumer’s growing demand for newer eating experiences. Thickening agents are a common ingredient in milk, yogurt, frozen desserts, and other dairy-based products, thus, it is rather overt that increasing dairy consumption will stimulate the food thickeners industry growth. A research report by Global Market Insights, Inc., even estimates the global food thickeners market size from dairy and frozen dessert application to surpass $1.9 billion by 2025.

Lately, processed and packaged foods have witnessed a considerable rise in demand. Although not the best in terms of taste compared to freshly cooked meals, processed foods are popular because of their easy availability. Processed foods are easy to grab when on the go, getting customers accustomed to not plan much time to cook a full-fledged meal. This habit can be blamed on rapid urbanization paired with increasing disposable incomes and subsequent affordability.

The population in emerging and developed cities is robustly increasing, exhibiting a visible change in lifestyles and food habits of consumers. People are slowly shifting from traditional food to adapting urban packaged food habits. Moreover, given the growing population in urban areas, the number of retail stores has also grown, attracting customers through a wider range of products under one roof. Furthermore, an increasing number of working hours and working members within a family leaves less time for preparing home-cooked meals, leading to increased consumption of packaged food and beverages. Since thickeners are extensively used in processed and ready-to-eat meals, it goes without saying that their increasing demand and production will propel the food thickeners market growth over 2019-2025.

Some healthy food trends like increasing consumption of gluten-free foods, especially baked food items will also boost the demand for gluten-free food thickeners like Xanthan gum, carob bean gum, guar gum which are great alternatives for gluten. Given the consumers’ constantly shifting food habits, the global food thickeners market will continue to depict an exponential growth in the coming years. Moreover, the global food thickeners market is estimated to exceed a valuation of $12.5 billion by 2025, according to a research report by Global Market Insights, Inc.

Author NameKrithika Krishnan