Market Forecast By Type (Hydrocolloids, Protein, Starch), By Source (Plant, Animal, Microbial), By Application (Bakery, Confectionery, Sauces, dressings, marinades, and gravies, Beverages, Dairy & frozen deserts, Convenience & processed foods) And Competitive Landscape
Product Code: ETC388684 | Publication Date: Dec 2023 | Updated Date: Jan 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 2 | |
Colombia Food Thickeners Market report thoroughly covers the market by type, by source, and by application. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Colombia Food Thickeners Market has been significantly growing over the years due to the transformation is the use of food thickeners. Food thickeners are widely used in Colombia to improve the overall texture and consistency of food products. However, challenges such as high costs and lack of awareness remain a concern for the market. Nevertheless, with increasing demand for processed and convenience foods by the population in the country is surging the growth of the market.
According to 6Wresearch, the Colombia Food Thickeners Market size is market is expected to grow at a CAGR of 3.9% during the forecast period 2025-2031. The consumers are now seeking for healthy eating is one of the major factors driving the market growth. Consumers are becoming more health-conscious and are looking for food products that have low sugar content, fat, and calories. Food thickeners are used as a replacement for sugar and fat without changing the taste and texture of the food. On the other hand, some challenges the Colombia Food Thickeners industry is facing are the high cost of food thickeners and the lack of awareness regarding their benefits. Moreover, the lack of standardization in the manufacturing of food thickeners is causing a challenge in terms of quality control. However, some emerging trends are leaving a favourable impact on the market’s growth include the rising use of plant-based food thickeners in the country owing to the increasing number of vegans and vegetarians majority rate. Furthermore, the clean label trend is also driving the demand for natural food thickeners. The use of modified starches as food thickeners is also gaining traction in the Colombia market.
Colombia Food Thickeners Market share is estimated to secure a double digit rate with several government’s favourable initiatives to promote the use of food thickeners. For instance, it has reduced the import tariffs and taxes on food thickeners to make them cost effective and accessible to the consumers. Additionally, the government is encouraging population to use natural food thickeners to improve the health and well-being of its citizens. These initiatives are favourably leaving a positive impact on the market growth in the country.
Some of the leading players are operating in the Colombia food thickeners market include Ingredion, Tate & Lyle, Cargill, DuPont, and ADM. These players are focusing on the development of innovative food thickeners to cater to the growing demand in the market.
According to Dhaval, Research Manager, 6Wresearch, starches are the most used type of food thickener. As They are derived from a variety of sources such as corn, and rice. Starches thicken by absorbing water and swelling up, which increases the viscosity of a liquid.
Based on source, plant-based thickeners like arrowroot, cornstarch, and cassava flour, are leading in the market due to their several factors such as health benefits, taste, and affordability.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Colombia Food Thickeners Market Overview |
3.1 Colombia Country Macro Economic Indicators |
3.2 Colombia Food Thickeners Market Revenues & Volume, 2021 & 2031F |
3.3 Colombia Food Thickeners Market - Industry Life Cycle |
3.4 Colombia Food Thickeners Market - Porter's Five Forces |
3.5 Colombia Food Thickeners Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Colombia Food Thickeners Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.7 Colombia Food Thickeners Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Colombia Food Thickeners Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Colombia Food Thickeners Market Trends |
6 Colombia Food Thickeners Market Segmentations |
6.1 Colombia Food Thickeners Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Colombia Food Thickeners Market Revenues & Volume, By Hydrocolloids, 2021-2031F |
6.1.3 Colombia Food Thickeners Market Revenues & Volume, By Protein, 2021-2031F |
6.1.4 Colombia Food Thickeners Market Revenues & Volume, By Starch, 2021-2031F |
6.2 Colombia Food Thickeners Market, By Source |
6.2.1 Overview and Analysis |
6.2.2 Colombia Food Thickeners Market Revenues & Volume, By Plant, 2021-2031F |
6.2.3 Colombia Food Thickeners Market Revenues & Volume, By Animal, 2021-2031F |
6.2.4 Colombia Food Thickeners Market Revenues & Volume, By Microbial, 2021-2031F |
6.3 Colombia Food Thickeners Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Colombia Food Thickeners Market Revenues & Volume, By Bakery, 2021-2031F |
6.3.3 Colombia Food Thickeners Market Revenues & Volume, By Confectionery, 2021-2031F |
6.3.4 Colombia Food Thickeners Market Revenues & Volume, By Sauces, dressings, marinades, and gravies, 2021-2031F |
6.3.5 Colombia Food Thickeners Market Revenues & Volume, By Beverages, 2021-2031F |
6.3.6 Colombia Food Thickeners Market Revenues & Volume, By Dairy & frozen deserts, 2021-2031F |
6.3.7 Colombia Food Thickeners Market Revenues & Volume, By Convenience & processed foods, 2021-2031F |
7 Colombia Food Thickeners Market Import-Export Trade Statistics |
7.1 Colombia Food Thickeners Market Export to Major Countries |
7.2 Colombia Food Thickeners Market Imports from Major Countries |
8 Colombia Food Thickeners Market Key Performance Indicators |
9 Colombia Food Thickeners Market - Opportunity Assessment |
9.1 Colombia Food Thickeners Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Colombia Food Thickeners Market Opportunity Assessment, By Source, 2021 & 2031F |
9.3 Colombia Food Thickeners Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Colombia Food Thickeners Market - Competitive Landscape |
10.1 Colombia Food Thickeners Market Revenue Share, By Companies, 2024 |
10.2 Colombia Food Thickeners Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Product Code: ETC388684 | Publication Date: Aug 2022 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |