Japan Food Thickeners Market Size & Outlook, 2019-2027
Japan food thickeners market, 2018-2027 (US$M)
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Japan food thickeners market highlights
- The Japan food thickeners market generated a revenue of USD 320.6 million in 2019 and is expected to reach USD 550.8 million by 2027.
- The Japan market is expected to grow at a CAGR of 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.
Food thickeners market data book summary
| Market revenue in 2019 | USD 320.6 million |
| Market revenue in 2027 | USD 550.8 million |
| Growth rate | 7% (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, Japan accounted for 2.4% 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 Asia Pacific, China food thickeners market is projected to lead the regional market in terms of revenue in 2027.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 907.7 million by 2027.
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Food Thickeners Market Scope
Food Thickeners Market Companies
| Name | Profile | # Employees | HQ | Website |
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Japan 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 42.42% in 2019. Horizon Databook has segmented the Japan food thickeners market based on protein, starch, hydrocolloids covering the revenue growth of each sub-segment from 2018 to 2027.
According to the Food Export Association of USA, Japan witnessed a growth of 1% GDP in 2019 as compared to that in 2018. Private companies remain to be weak due to the high consumption tax levied by the government.
Japan is majorly dependent on imports for food products; however, bakery is expected to remain to be the major domestic food production segment in the country.
Increased demand for bakery products, due to a longer working schedule of most employees in the country, is likely to drive the Japan food thickeners market.
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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 Japan food thickeners market , including forecasts for subscribers. This country databook contains high-level insights into Japan food thickeners market from 2018 to 2027, including revenue numbers, major trends, and company profiles.
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Japan food thickeners market size, by type, 2018-2027 (US$M)
Japan Food Thickeners Market Outlook Share, 2019 & 2027 (US$M)
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