On March 5, 2020, Ingredion Incorporated – a U.S. based edible thickening agents manufacturer launched EVANESSE CB6194 Clean Label Emulsifier as a replacement for egg-based emulsifier in low and high-fat vegan dressings, cooking sauces and ready meals.
On January 15, 2020, Dutch based company Aviko, one of Europe’s largest producers of fresh, frozen, dried and specialty potato products and part of Royal Cosun Company, acquired 90% shares in Hongyuan Louis – a frozen French fries producer based out of china.
Author Credits: Parul Atri
Report ID: 2570
Published Date: Oct 15, 2024
Report Format: PDF, PPT
Frequently Asked Questions (FAQ)
In the year 2024, the industry size of food thickeners is assessed at USD 9.35 billion.
Food Thickeners Market size was valued at USD 8.94 billion in 2023 and is expected to reach USD 18.61 billion by 2036, registering around 5.8% CAGR during the forecast period i.e., between 2024-2036.
North America industry is estimated to account for largest revenue share by 2036, propelled by increase in demand for convenience food, beverages and veganism in the region.
The major players in the market are Cargill, Incorporated, Emsland Group, Tate & Lyle, TIC Gums, Inc., ADM, DuPont. DuPontâ„¢, Fosters + Partners, A ROYAL COSUN COMPANY, Tereos, and others.