Asia Pacific Food Thickeners Market Size & Outlook
The food thickeners market in Asia Pacific is expected to reach a projected revenue of US$ 4,213.9 million by 2027. A compound annual growth rate of 6.7% is expected of Asia Pacific food thickeners market from 2020 to 2027.
Revenue, 2019 (US$M)
$2,514.7
Forecast, 2027 (US$M)
$4,213.9
CAGR, 2020 - 2027
6.7%
Report Coverage
Asia Pacific
Asia Pacific food thickeners market, 2018-2027 (US$M)
Related Markets
Asia Pacific food thickeners market highlights
- The Asia Pacific food thickeners market generated a revenue of USD 2,514.7 million in 2019.
- The market is expected to grow at a CAGR of 6.7% from 2020 to 2027.
- In terms of segment, hydrocolloids was the largest revenue generating type in 2019.
- Protein is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2020 to 2027.
Asia Pacific data book summary
| Market revenue in 2019 | USD 2,514.7 million |
| Market revenue in 2027 | USD 4,213.9 million |
| Growth rate | 6.7% (CAGR from 2019 to 2027) |
| Largest segment | Hydrocolloids |
| Fastest growing segment | Protein |
| Historical data covered | 2018 - 2018 |
| Base year for estimation | 2019 |
| Forecast period covered | 2020 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Protein, Starch, Hydrocolloids |
| Key market players worldwide | Archer-Daniels Midland Co, DuPont de Nemours Inc, Tate & Lyle PLC, Kerry Group PLC Class A, Ingredion Inc, Ashland Inc, Darling Ingredients Inc, Huvis, Cargill, CP Kelco, TIC Gums, Naturex, Medline Industries |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 19.2% of the global food thickeners market in 2019.
- Globally, North America is projected to lead the regional market in terms of revenue in 2027.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 4,213.9 million by 2027.
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Food Thickeners Market Scope
Food thickeners market segmentation & scope
Food Thickeners Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Asia Pacific 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 41.84% in 2019. Horizon Databook has segmented the Asia Pacific food thickeners market based on protein, starch, hydrocolloids covering the revenue growth of each sub-segment from 2018 to 2027.
- Asia Pacific Food Thickeners Type Outlook (Revenue, USD Million, 2018-2027)
- Protein
- Starch
- Hydrocolloids
- Gelatin
- Xanthan Gum
- Agar
- Pectin
- Others
- Asia Pacific Food Thickeners Source Outlook (Revenue, USD Million, 2018-2027)
- Animal
- Plant
- Microbial
- Asia Pacific Food Thickeners Application Outlook (Revenue, USD Million, 2018-2027)
- Bakery
- Confectionery
- Sauces & Dips
- Beverages
- Convenience & Processed Food
- Others
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific food thickeners market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific food thickeners market from 2018 to 2027, including revenue numbers, major trends, and company profiles.
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Asia Pacific food thickeners market size, by country, 2018-2027 (US$M)
Asia Pacific Food Thickeners Market Outlook Share, 2019 & 2027 (US$M)
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