Latin America Food Thickeners Market Growth Propelled by Rising Demand for Ready-to-Eat

El nuevo estudio de Informes de Expertos titulado "Mercado Latinoamericano de Espesantes de Alimentos, Informe y Pronostico 2022-2027?, ofrece un análisis profundo del mercado, evaluándolo por el tipo, la fuente, la aplicación, y las regiones clave. El informe analiza los factores clave de éxito y las limitaciones, también rastrea las últimas tendencias en la industria y estudia su impacto en el mercado en general. Además, evalúa la dinámica del mercado, cubriendo los indicadores clave de demanda y precio, junto con el análisis del mercado basado en los modelos FODA y las Cinco Fuerzas de Porter.

The new report by Informes de Expertos titled, ‘Latin America Food Thickeners Market Report and Forecast 2022-2027’, gives an in-depth analysis of the market for food thickeners in Latin America, assessing the market based on the type, source, application, and key regions. The report analyses key success factors and constraints, tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analyzing the market based on the SWOT and Porter’s Five Forces models.

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The key highlights of the report include:

Market Overview (2017-2027)

• Forecast CAGR (2022-2027): X%

The market for food thickeners in Latin America is growing due to the rising demand for ready-to-eat and processed products, as these thickeners are used to produce ready-to-eat dairy and frozen products, sauces and dressings, bakery and confectionery products, among many others.

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Moreover, the increasing population and growth of the food and beverage industry are escalating the demand for food thickening agents. This, together with an increased desire among people to consume a healthy diet and healthy snacks having natural ingredients, is significantly boosting the industry.

Other growth stimulating factors include increased disposable income and shifting consumption patterns. In addition, constant innovation and greater investments in R&D activities are also paving the way for market growth.

Industry Definition and Major Segments

A food thickening agent or a food thickener is a substance which increases the viscosity of a liquid. They are used to increase the thickness of sauces, soups, and puddings without changing their taste. Some examples of thickening agents include all purpose flour, butter, oil, lards, polysaccharides, among many others.

By type, the market is classified into:

• Protein
• Starch
• Hydrocolloids
• Others

By source, the industry is segmented into:

• Plant
• Animal
• Microbial

By application, the industry is divided into:

• Bakery
• Confectionery
• Sauces and Dips
• Convenience and Processed Food
• Beverages
• Others

Key regions covered include:

• Brazil
• Argentina
• Mexico
• Chile
• Others

Market Trends

One of the key trends being witnessed is the rising demand for convenience and processed food. Due to hectic schedules and the fast-paced lives of people, the demand for such food is very high, which is stimulating the market for food thickeners. In addition to thickening, some food thickeners such as agar, alginate, carrageenan, and guar gums also function as gelling and stabilizing agents.

Moreover, the preference for non-alcoholic drinks, such as fruit juices and energy drinks, is surging due to increased health consciousness among consumers. This, together with favourable government regulations related to the food and beverage industry and implementation of schemes promoting a healthy lifestyle, are anticipated to bolster the growth of the food thickeners market in LATAM countries. Furthermore, innovations and the introduction of variants in the market will also promote growth.

Key Industry Players

The major players in the industry are:

• Cargill Incorporated
• Ingredion Incorporated
• Tate and Lyle Plc
• Archer Daniels Midland Company
• DuPont De Nemours Inc.
• Ashland Global Holdings Inc.
• Others

This report covers their profiles and provides information on expansions, investments and mergers and acquisitions, among other latest industry developments.

About Us:Informes de Expertos (https://informesdeexpertos.com), the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.

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Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.

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We at Informes de Expertos always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

I am Alice Addy, a Corporate Sales Specialist operating in the Latin American region. We are experts in Market Research. We provide market reports across various industry verticals and also help with procurement and supply chain intelligence.