Plant Based Thickener Market Overview:
The Plant Based Thickener Market is expected to grow at a considerable rate by 2030, with a growing CAGR over the forecast period. A plant-based thickener is a substance that is added to food to increase viscosity without changing the dish's flavour or other qualities.
In order to compete with its animal equivalents, they are also heavily used to improve the mouthfeel, stability, and overall sensory appeal of a variety of products. Plant-based thickeners such as guar gum, xanthan gum, starches, pectin, arrowroot, etc. are frequently utilized.
Market Synopsis:
Plant-based thickeners are made from a variety of plant sources, including fruits, vegetables, legumes, seeds, and others. Plant-based thickeners are considered to be more environmentally friendly than animal-derived ingredients like gelatin and animal fats. These ingredients improve the food products' smoothness and consistency.
Market Growth Factors:
The growing popularity of veganism will most likely contribute to the global market's expansion.
Plant-based foods called thickeners are expected to be in high demand because more and more people are choosing to live vegan diets. These plant-based alternatives will also be advantageous for people with dietary restrictions. Producers are offering gluten-free and allergy-free food options in an effort to appeal to a larger range of consumers. This is expected to support the growing trend of plant-based thickeners in the worldwide market.
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The Plant Based Thickener Market – Segmentation
The Plant Based Thickener Market fragrance concentrates market has been sub-classified into type, application.
On the basis of ingredient type, the Plant Based Thickener Market is bifurcated into:
- Organic
- Conventional
- others
On the basis of purchaser type, the market is segmented into:
- jams and marmalades
- baked goods
- yogurt
- seasoning
- cheese cream
- canned soups and sauces
- others
The Plant Based Thickener Market –Regional Analysis
North America dominated the global Plant Based Thickener Market, Consumer desire for low-calorie and gluten-free foods is on the rise in this region. Veganism is also becoming more popular, and key businesses are coming up with creative new products to draw in customers.
Key Players in the Plant Based Thickener Market:
- Emsland Starke GmbH (Germany)
- Tate & Lyle Plc (United Kingdom)
- Cargill Inc. (United States)
- Ingredion (United States)
- Novidon (United States)
- Sudstarke GmbH (Germany)
- Avebe (Netherlands)
- Agrana (Austria)
- and Tereos (France).
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