Italy Food Thickeners Market Size & Outlook, 2019-2027
Italy food thickeners market, 2018-2027 (US$M)
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Italy food thickeners market highlights
- The Italy food thickeners market generated a revenue of USD 574.8 million in 2019 and is expected to reach USD 931.6 million by 2027.
- The Italy market is expected to grow at a CAGR of 6.2% 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 574.8 million |
| Market revenue in 2027 | USD 931.6 million |
| Growth rate | 6.2% (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, Italy accounted for 4.4% 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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Italy 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 41.6% in 2019. Horizon Databook has segmented the Italy food thickeners market based on protein, starch, hydrocolloids covering the revenue growth of each sub-segment from 2018 to 2027.
According to the United States Department of Agriculture (USDA), Italy’s economic strength lies in its food processing industry; most of the raw material required by this industry are imported from other countries.
the U.S. imports for final processed food from Italy were valued to be USD 5.2 billion, and the imports are expected to grow further over the forecast period.
Growing demand for processed food and expanding export markets of Italy for food products are expected to have a positive impact on the Italy food thickeners market in the coming years.
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Horizon Databook provides a detailed overview of country-level data and insights on the Italy food thickeners market , including forecasts for subscribers. This country databook contains high-level insights into Italy food thickeners market from 2018 to 2027, including revenue numbers, major trends, and company profiles.
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Italy food thickeners market size, by type, 2018-2027 (US$M)
Italy Food Thickeners Market Outlook Share, 2019 & 2027 (US$M)
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