U.S. Food Thickeners Market Size & Outlook, 2019-2027
U.S. food thickeners market, 2018-2027 (US$M)
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U.S. food thickeners market highlights
- The U.S. food thickeners market generated a revenue of USD 3,094.1 million in 2019 and is expected to reach USD 5,046.2 million by 2027.
- The U.S. market is expected to grow at a CAGR of 6.3% 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 3,094.1 million |
| Market revenue in 2027 | USD 5,046.2 million |
| Growth rate | 6.3% (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, U.S. accounted for 23.6% 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 North America, U.S. food thickeners market is projected to lead the regional market in terms of revenue in 2027.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 5,046.2 million by 2027.
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Food Thickeners Market Scope
Food Thickeners Market Companies
| Name | Profile | # Employees | HQ | Website |
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U.S. 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 40.58% in 2019. Horizon Databook has segmented the U.S. food thickeners market based on protein, starch, hydrocolloids covering the revenue growth of each sub-segment from 2018 to 2027.
Rising product demand in the manufacturing of bakery & confectionery products and strong presence of food manufacturers in the country are expected to ascend the market growth over the forecast period.
The U.S. population is also increasingly becoming health-conscious, thereby driving manufacturers to focus and produce natural, organic, and gluten-free food items with a label depicting nutrition facts.
Manufacturers are, therefore, switching to natural ingredients to tap the rising demand and gain higher market share.
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Target buyers of U.S. 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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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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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. food thickeners market , including forecasts for subscribers. This country databook contains high-level insights into U.S. food thickeners market from 2018 to 2027, including revenue numbers, major trends, and company profiles.
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U.S. food thickeners market size, by type, 2018-2027 (US$M)
U.S. Food Thickeners Market Outlook Share, 2019 & 2027 (US$M)
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