Edible Thickening Agents Market Size

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. In the year 2024, the industry size of food thickeners is assessed at USD 9.35 billion.

Rising global food consumption levels and increasing affinity towards desserts and sugar-rich foods are some of the significant factors estimated to boost the market growth. Additionally, the growing vegan movement globally is expected to drive the market, on account of which the food thickeners market is estimated to grow with substantial CAGR during the forecast period,