Insights on the Food Thickeners Global Industry to 2027 - Featuring Cargill, Archer Daniels Midland & CP Kelco Among Others
The global food thickeners market size is expected to be valued at USD 20.9 billion by 2027, expanding at a CAGR of 6.0%.
- The global food thickeners market size is expected to be valued at USD 20.9 billion by 2027, expanding at a CAGR of 6.0%.
- This growth in the market can be majorly ascribed to its end-use applicability in bakery, confectionery, ready to eat products, and beverages.
- Packaged food industry has witnessed significant growth in the recent past on account of the changing eating habits of consumers.
- The challenges which may hamper the industry are the alternatives used for thickening food products.