Spain Food Thickeners Market Size & Outlook, 2019-2027
Spain food thickeners market, 2018-2027 (US$M)
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Spain food thickeners market highlights
- The Spain food thickeners market generated a revenue of USD 344.5 million in 2019 and is expected to reach USD 578.9 million by 2027.
- The Spain 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.
Food thickeners market data book summary
| Market revenue in 2019 | USD 344.5 million |
| Market revenue in 2027 | USD 578.9 million |
| Growth rate | 6.7% (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, Spain accounted for 2.6% 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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Spain 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 41.07% in 2019. Horizon Databook has segmented the Spain 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), in 2019, Spain was the 14th largest economy in the world and fifth-largest in the European Union (EU). In the EU, the country is also a major producer of food & agricultural products and is one of the fastest-growing economies.
Bakery industry in the country has been thriving since the past few years and is a major segment in the Spanish food industry.
Technological advances, shift in consumer preference for fresh baked goods, increased incorporation of exotic ingredients in bakery products are collectively projected to boost food thickeners market in the country.
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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 Spain food thickeners market , including forecasts for subscribers. This country databook contains high-level insights into Spain food thickeners market from 2018 to 2027, including revenue numbers, major trends, and company profiles.
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Spain food thickeners market size, by type, 2018-2027 (US$M)
Spain Food Thickeners Market Outlook Share, 2019 & 2027 (US$M)
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