UAE Food Thickeners Market Size & Outlook, 2019-2027
UAE food thickeners market, 2018-2027 (US$M)
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UAE food thickeners market highlights
- The UAE food thickeners market generated a revenue of USD 96.7 million in 2019 and is expected to reach USD 142.0 million by 2027.
- The UAE market is expected to grow at a CAGR of 4.9% 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 96.7 million |
| Market revenue in 2027 | USD 142.0 million |
| Growth rate | 4.9% (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, UAE accounted for 0.7% 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 Middle East & Africa, South Africa food thickeners market is projected to lead the regional market in terms of revenue in 2027.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 142.0 million by 2027.
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Food Thickeners Market Scope
Food Thickeners Market Companies
| Name | Profile | # Employees | HQ | Website |
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UAE 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 41.26% in 2019. Horizon Databook has segmented the UAE food thickeners market based on protein, starch, hydrocolloids covering the revenue growth of each sub-segment from 2018 to 2027.
The food & beverage industry in UAE has witnessed a steady growth over the past few years, despite sluggish economic growth caused due to declining oil prices. Abu Dhabi’s Vision 2030 diversification plans have resulted in augmenting the number of construction and sustainability projects in the country.
This, in turn, has led to the addition hotels, malls, and restaurants, thereby increasing the consumer base for food thickeners in the country. The growing tourism industry, coupled with the presence of around 80% of foreign nationals in the country, contributes to the availability of a diverse cuisine in UAE.
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Target buyers of UAE food thickeners market databook
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Our clientele includes a mix of food thickeners market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the UAE food thickeners market , including forecasts for subscribers. This country databook contains high-level insights into UAE food thickeners market from 2018 to 2027, including revenue numbers, major trends, and company profiles.
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UAE food thickeners market size, by type, 2018-2027 (US$M)
UAE Food Thickeners Market Outlook Share, 2019 & 2027 (US$M)
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