Global Food Thickeners Market Size & Outlook, 2019-2027

The food thickeners industry worldwide is expected to reach a projected revenue of US$ 20,896.0 million by 2027. A compound annual growth rate of 6% is expected of the worldwide food thickeners industry from 2020 to 2027.
Revenue, 2019 (US$M)
$13,116.0
Forecast, 2027 (US$M)
$20,896.0
CAGR, 2020 - 2027
6%
Report Coverage
Worldwide

Global food thickeners market highlights

  • The global food thickeners market generated a revenue of USD 13,116.0 million in 2019 and is expected to reach USD 20,896.0 million by 2027.
  • The market is expected to grow at a CAGR (2020 - 2027) of 6% by 2027.
  • In terms of segment, hydrocolloids accounted for a revenue of USD 5,401.9 million in 2019.
  • Protein is the most lucrative type segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2019.
  • Country-wise, South Africa is expected to register the highest CAGR from 2020 to 2027.

Global data book summary

Market revenue in 2019USD 13,116.0 million
Market revenue in 2027USD 20,896.0 million
Growth rate6% (CAGR from 2019 to 2027)
Largest segmentHydrocolloids
Fastest growing segmentProtein
Historical data covered2018 - 2018
Base year for estimation2019
Forecast period covered2020 - 2027
Quantitative unitsRevenue in USD million
Market segmentationProtein, Starch, Hydrocolloids

Other key industry trends

  • In terms of revenue, the North America accounted for 38.9% of the global food thickeners market in 2019.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2027.
  • By country, South Africa is the fastest growing regional market and is projected to reach USD 212.4 million by 2027.

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Food Thickeners Market Companies

Name Profile # Employees HQ Website

Global food thickeners market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to food thickeners market will help companies and investors design strategic landscapes.


Hydrocolloids was the largest segment with a revenue share of 41.19% in 2019. Horizon Databook has segmented the Global food thickeners market based on protein, starch, hydrocolloids covering the revenue growth of each sub-segment from 2018 to 2027.


  • Global Food Thickeners Type Outlook (Revenue, USD Million, 2018-2027)
    • Protein
    • Starch
    • Hydrocolloids
      • Gelatin
      • Xanthan Gum
      • Agar
      • Pectin
      • Others
  • Global Food Thickeners Source Outlook (Revenue, USD Million, 2018-2027)
    • Animal
    • Plant
    • Microbial
  • Global Food Thickeners Application Outlook (Revenue, USD Million, 2018-2027)
    • Bakery
    • Confectionery
    • Sauces & Dips
    • Beverages
    • Convenience & Processed Food
    • Others

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  • Our clientele includes a mix of food thickeners market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global food thickeners market , including forecasts for subscribers. This global databook contains high-level insights into Global food thickeners market from 2018 to 2027, including revenue numbers, major trends, and company profiles.

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Global food thickeners market size, by regions, 2018-2027 (US$M)

Top 10 countries: Food thickeners market size, 2019 (US$M)

Global food thickeners market share, by type, 2019 & 2027 (%, US$M)

Food thickeners market: Opportunity assessment by country

Global food thickeners market, by region, 2019 (US$M)

Global food thickeners market size, by regions, 2018-2027 (US$M)

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