Germany Food Thickeners Market Size & Outlook, 2019-2027
Germany food thickeners market, 2018-2027 (US$M)
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Germany food thickeners market highlights
- The Germany food thickeners market generated a revenue of USD 1,171.7 million in 2019 and is expected to reach USD 2,058.1 million by 2027.
- The Germany market is expected to grow at a CAGR of 7.3% 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.
Food thickeners market data book summary
| Market revenue in 2019 | USD 1,171.7 million |
| Market revenue in 2027 | USD 2,058.1 million |
| Growth rate | 7.3% (CAGR from 2019 to 2027) |
| Largest segment | Hydrocolloids |
| Fastest growing segment | Protein |
| Historical data | 2018 - 2018 |
| Base year | 2019 |
| Forecast period | 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, Germany accounted for 8.9% of the global food thickeners market in 2019.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2027.
- In Europe, Germany food thickeners market is projected to lead the regional market in terms of revenue in 2027.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 2,058.1 million by 2027.
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Food Thickeners Market Scope
Food Thickeners Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany 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 43.31% in 2019. Horizon Databook has segmented the Germany food thickeners market based on protein, starch, hydrocolloids covering the revenue growth of each sub-segment from 2018 to 2027.
According to the European Commission, Germany was the largest food & beverage consumer in Europe in 2019 owing to the presence of numerous end-use manufacturers including confectionery, bakery, and dairy.
In addition, high demand for natural food thickeners by the consumers in the country is expected to drive the growth of food thickeners market over the forecast period.
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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 country-level data and insights on the Germany food thickeners market , including forecasts for subscribers. This country databook contains high-level insights into Germany food thickeners market from 2018 to 2027, including revenue numbers, major trends, and company profiles.
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Germany food thickeners market size, by type, 2018-2027 (US$M)
Germany Food Thickeners Market Outlook Share, 2019 & 2027 (US$M)
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