Middle East & Africa Food Thickeners Market Size & Outlook
Related Markets
MEA food thickeners market highlights
- The MEA food thickeners market generated a revenue of USD 427.1 million in 2019.
- The market is expected to grow at a CAGR of 3.9% from 2020 to 2027.
- In terms of segment, hydrocolloids was the largest revenue generating type in 2019.
- Protein is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, UAE is expected to register the highest CAGR from 2020 to 2027.
MEA data book summary
| Market revenue in 2019 | USD 427.1 million |
| Market revenue in 2027 | USD 578.2 million |
| Growth rate | 3.9% (CAGR from 2019 to 2027) |
| Largest segment | Hydrocolloids |
| Fastest growing segment | Protein |
| Historical data covered | 2018 - 2018 |
| Base year for estimation | 2019 |
| Forecast period covered | 2020 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Protein, Starch, Hydrocolloids |
| Key market players worldwide | Archer-Daniels Midland Co, DuPont de Nemours Inc, Tate & Lyle PLC, Kerry Group PLC Class A, Ingredion Inc, Ashland Inc, Darling Ingredients Inc, Huvis, Cargill, CP Kelco, TIC Gums, Naturex, Medline Industries |
Other key industry trends
- In terms of revenue, MEA region accounted for 3.3% of the global food thickeners market in 2019.
- Globally, North America is projected to lead the regional market in terms of revenue in 2027.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 4,213.9 million by 2027.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Food Thickeners Market Scope
Food Thickeners Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Naturex | View profile | 1001-5000 | Avignon, Provence-Alpes-Cote d'Azur, France, Europe | http://www.naturex.com/ |
| TIC Gums | View profile | 101-250 | White Marsh, Maryland, United States, North America | http://www.ticgums.com/ |
| Huvis | View profile | 501-1000 | Seoul, Seoul-t'ukpyolsi, South Korea, Asia | http://www.huvis.com |
| Medline Industries | View profile | 10001+ | Mundelein, Illinois, United States, North America | http://www.medline.com/home.jsp |
| CP Kelco | View profile | 1001-5000 | Atlanta, Georgia, United States, North America | https://www.cpkelco.com |
| Cargill | View profile | 10001+ | Minneapolis, Minnesota, United States, North America | http://www.cargill.com |
| Darling Ingredients Inc | View profile | 15800 | 5601 N MacArthur Boulevard, Irving, TX, United States, 75038 | https://www.darlingii.com |
| Ashland Inc | View profile | 3800 | 8145 Blazer Drive, Wilmington, DE, United States, 19808 | http://www.ashland.com |
| Ingredion Inc | View profile | 11600 | 5 Westbrook Corporate Center, Westchester, IL, United States, 60154 | https://www.ingredion.com |
| Tate & Lyle PLC | View profile | 4591 | 5 Marble Arch, London, United Kingdom, W1H 7EJ | https://www.tateandlyle.com |
| Kerry Group PLC Class A | View profile | 21000 | Prince's Street, Tralee, Kerry, Ireland, V92 EH11 | https://www.kerry.com |
| DuPont de Nemours Inc | View profile | 24000 | 974 Centre Road, Building 730, Wilmington, DE, United States, 19805 | https://www.dupont.com |
| Archer-Daniels Midland Co | View profile | 41802 | 77 West Wacker Drive, Suite 4600, Chicago, IL, United States, 60601 | https://www.adm.com |
Middle East & Africa food thickeners market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to food thickeners market will help companies and investors design strategic landscapes.
Hydrocolloids was the largest segment with a revenue share of 40.62% in 2024. Horizon Databook has segmented the Middle East & Africa food thickeners market based on protein, starch, hydrocolloids covering the revenue growth of each sub-segment from 2018 to 2030.
The Middle East & Africa is one of the largest importers of food & beverage products. Rapid population growth, coupled with high consumer disposable income in the region, has resulted in augmenting the demand for quality and organic food.
However, the manufacturing sector in the region is growing at a slower pace as compared to other regions owing to a lack of raw material availability. As a result, product demand is expected to witness growth at a slower rate as compared to other regions over the projected period.
The food & beverage industry in the Middle East & Africa is emerging as a highly attractive market for investors on account of the high disposable incomes of consumers in the Middle East coupled with the presence of a vast middle-aged and youth population.
Reasons to subscribe to Middle East & Africa food thickeners market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Middle East & Africa food thickeners market databook
-
Our clientele includes a mix of food thickeners market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa food thickeners market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa food thickeners market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
MEA food thickeners market size, by country, 2018-2030 (US$M)
Middle East & Africa Food Thickeners Market Outlook Share, 2024 & 2030 (US$M)
Related statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
