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Food Binders Market

Global Food Binders Market Share, Size, Trends, Analysis: By Source: Animal Based, Plant Based, Hydrocolloids; By Type: Sugar Type, Starch Type, Protein Type; By Application: Bakery and Confectionary, Beverages, Dairy and Frozen Desserts, Others; Regional Analysis; Competitive Landscape; Key Trends and Developments in the Market; 2024-2032

Global Food Binders Market Outlook

The global food binders market is expected to grow at a CAGR of 4.8% between 2024 and 2032 to reach a value of about USD 11.77 billion by 2032, driven by increasing demands for packaged and ready-to-eat foods.

 

food binders market

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Key Trends in the Market

Food binders are known as food additives that are added to any food product with the intent of enhancing the texture by binding or thickening the ingredients together. The food and beverage industry uses food binders that have an extended shelf-life whereas households prefer binders that are easily accessible. Eggs are considered among the most commonly used food binders in household kitchens.

 

The increasing demand for ready-to-eat and packaged food products is expected to drive the food binders market across the globe owing to changing lifestyles and increasing disposable incomes. This is further expected to increase the utilisation of binding agents in the food and beverage industry.

 

With the increasing usage of food binders in liquid formulations and sports supplements due to their cohesive nature, the market growth of food binders is expected to escalate.

 

An upsurge in the number of fitness centres along with various health clubs is likely to boost the market growth of food binders due to surging health awareness among consumers. This is further expected to positively impact the nutraceutical industry across the globe over the coming years.

 

Market Analysis

 

food binders market by segments

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Based on source, the food binders market can be segmented into animal based, plant based, and hydrocolloids. On the basis of type, the market is categorised into sugar type, starch type, and protein type. Based on application, the market is categorised into bakery and confectionary, beverages, dairy and frozen desserts, sports nutrition, sauces and dressing, and meat products, among others. The regional markets can be divided into the North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. 

 

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter’s five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global food binders market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.

 

  • Tate & Lyle PLC
  • Archer Daniels Midland Company
  • Ingredion, Inc.
  • DuPont de Nemours, Inc.
  • CP Kelco (Huber)
  • Roquette Frères
  • Gelita AG
  • Nexira
  • Others

 

Market Share by Source

The plant based segment is expected to gain momentum in the food binders market at a global level on account of the growing trend for vegetarian diets and veganism. As more consumers focus on the detailed ingredients used in foods they purchase and consume, there is growing demand for entirely vegetarian or vegan foods, fuelling the plant based segment growth the market of food binders across the globe. The nutritional advantages of plant based food binders are further expected to positively influence consumers and enhance the demand for the plant based segment in the market. 

 

Market Share by Region

Geographically, the Asia Pacific region is expected to augment the food binders market on account of the rapid urbanisation and surging demand for convenience foods. With globalisation of various food and beverage brands, there is increasing demand in countries such as India and China for items that are popularised on social media in other countries. Food binders help in enhancing the taste of new products for regional markets, as well as extending the shelf life for long distance transportation.  

 

Meanwhile, the North American region is projected to propel over the forecast period on account of the strong foundation of the food and beverage manufacturing industry in the region and large volume of packaged food production.

 

food binders market by region

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Competitive Landscape

Tate & Lyle PLC is a global leading company in ingredient solutions for healthier food as well as beverages. The company aims to transform lives with help of food science along with technical capabilities and deep knowledge about the food and beverage industry.

 

Archer Daniels Midland Company is a leading nutrition company across the globe for both animals and humans. The company unlocks the strength of nature, transforming crops into ingredients and solutions for beverages, foods, and supplements for consumers across the globe. It offers a full variety of services and solutions for aquaculture, pets, and livestock. 

 

Ingredion, Inc. provides solutions required to produce delicious and improved products for food and beverage producers. Its taste, insights, sensory science, and texture experts aid in removing formulation barriers and rapidly meet evolving consumer demands. 

 

Other market players include DuPont de Nemours, Inc., CP Kelco (Huber), Roquette Frères, Gelita AG, and Nexira, among others.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Source
  • Type
  • Application
  • Region
Breakup by Source
  • Animal Based
  • Plant Based
  • Hydrocolloids
Breakup by Type
  • Sugar Type
  • Starch Type
  • Protein Type
Breakup by Application
  • Bakery and Confectionary
  • Beverages
  • Dairy and Frozen Desserts
  • Sport Nutrition
  • Sauces and Dressing
  • Meat Products
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT
  • Porter's Five Forces
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Tate & Lyle PLC
  • Archer Daniels Midland Company
  • Ingredion, Inc.
  • DuPont de Nemours, Inc.
  • CP Kelco (Huber)
  • Roquette Frères
  • Gelita AG
  • Nexira
  • Others

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties 
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Market Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Food Binders Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Food Binders Historical Market (2018-2023) 
    8.3    Global Food Binders Market Forecast (2024-2032)
    8.4    Global Food Binders Market by Source
        8.4.1    Animal Based
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2018-2023)
            8.4.1.3    Forecast Trend (2024-2032)
        8.4.2    Plant Based
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2018-2023)
            8.4.2.3    Forecast Trend (2024-2032)
        8.4.3    Hydrocolloids
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2018-2023)
            8.4.3.3    Forecast Trend (2024-2032)
    8.5    Global Food Binders Market by Type
        8.5.1    Sugar Type
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2018-2023)
            8.5.1.3    Forecast Trend (2024-2032)
        8.5.2    Starch Type
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2018-2023)
            8.5.2.3    Forecast Trend (2024-2032)
        8.5.3    Protein Type
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2018-2023)
            8.5.3.3    Forecast Trend (2024-2032)
    8.6    Global Food Binders Market by Application
        8.6.1    Bakery and Confectionary
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2018-2023)
            8.6.1.3    Forecast Trend (2024-2032)
        8.6.2    Beverages
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2018-2023)
            8.6.2.3    Forecast Trend (2024-2032)
        8.6.3    Dairy and Frozen Desserts
            8.6.3.1    Market Share
            8.6.3.2    Historical Trend (2018-2023)
            8.6.3.3    Forecast Trend (2024-2032)
        8.6.4    Sport Nutrition
            8.6.4.1    Market Share
            8.6.4.2    Historical Trend (2018-2023)
            8.6.4.3    Forecast Trend (2024-2032)
        8.6.5    Sauces and Dressing
            8.6.5.1    Market Share
            8.6.5.2    Historical Trend (2018-2023)
            8.6.5.3    Forecast Trend (2024-2032)
        8.6.6    Meat Products
            8.6.6.1    Market Share
            8.6.6.2    Historical Trend (2018-2023)
            8.6.6.3    Forecast Trend (2024-2032)
        8.6.7    Others
    8.7    Global Food Binders Market by Region
        8.7.1    North America
            8.7.1.1    Market Share
            8.7.1.2    Historical Trend (2018-2023) 
            8.7.1.3    Forecast Trend (2024-2032)
        8.7.2    Europe
            8.7.2.1    Market Share
            8.7.2.2    Historical Trend (2018-2023) 
            8.7.2.3    Forecast Trend (2024-2032)
        8.7.3    Asia Pacific
            8.7.3.1    Market Share
            8.7.3.2    Historical Trend (2018-2023) 
            8.7.3.3    Forecast Trend (2024-2032)
        8.7.4    Latin America
            8.7.4.1    Market Share
            8.7.4.2    Historical Trend (2018-2023) 
            8.7.4.3    Forecast Trend (2024-2032)
        8.7.5    Middle East and Africa
            8.7.5.1    Market Share
            8.7.5.2    Historical Trend (2018-2023) 
            8.7.5.3    Forecast Trend (2024-2032)
9    North America Food Binders Market Analysis
    9.1    United States of America 
        9.1.1    Market Share
        9.1.2    Historical Trend (2018-2023) 
        9.1.3    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Market Share
        9.2.2    Historical Trend (2018-2023) 
        9.2.3    Forecast Trend (2024-2032)
10    Europe Food Binders Market Analysis
    10.1    United Kingdom
        10.1.1    Market Share
        10.1.2    Historical Trend (2018-2023) 
        10.1.3    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Market Share
        10.2.2    Historical Trend (2018-2023) 
        10.2.3    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Market Share
        10.3.2    Historical Trend (2018-2023) 
        10.3.3    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Market Share
        10.4.2    Historical Trend (2018-2023) 
        10.4.3    Forecast Trend (2024-2032)
    10.5    Ireland
        10.5.1    Market Share
        10.5.2    Historical Trend (2018-2023) 
        10.5.3    Forecast Trend (2024-2032)
    10.6    Others
11    Asia Pacific Food Binders Market Analysis
    11.1    China
        11.1.1    Market Share
        11.1.2    Historical Trend (2018-2023) 
        11.1.3    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Market Share
        11.2.2    Historical Trend (2018-2023) 
        11.2.3    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Market Share
        11.3.2    Historical Trend (2018-2023) 
        11.3.3    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Market Share
        11.4.2    Historical Trend (2018-2023) 
        11.4.3    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Market Share
        11.5.2    Historical Trend (2018-2023) 
        11.5.3    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Food Binders Market Analysis
    12.1    Brazil
        12.1.1    Market Share
        12.1.2    Historical Trend (2018-2023) 
        12.1.3    Forecast Trend (2024-2032)
    12.2    Mexico
        12.2.1    Market Share
        12.2.2    Historical Trend (2018-2023) 
        12.2.3    Forecast Trend (2024-2032)
    12.3    Argentina
        12.3.1    Market Share
        12.3.2    Historical Trend (2018-2023) 
        12.3.3    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Food Binders Market Analysis
    13.1    Saudi Arabia
        13.1.1    Market Share
        13.1.2    Historical Trend (2018-2023) 
        13.1.3    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Market Share
        13.2.2    Historical Trend (2018-2023) 
        13.2.3    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Market Share
        13.3.2    Historical Trend (2018-2023) 
        13.3.3    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Market Share
        13.4.2    Historical Trend (2018-2023) 
        13.4.3    Forecast Trend (2024-2032)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Competitive Landscape
    15.1    Market Structure
    15.2    Company Profile
        15.2.1    Tate & Lyle PLC
            15.2.1.1    Company Overview
            15.2.1.2    Product Portfolio
            15.2.1.3    Demographic Reach and Achievements
            15.2.1.4    Certifications
        15.2.2    Archer Daniels Midland Company
            15.2.2.1    Company Overview
            15.2.2.2    Product Portfolio
            15.2.2.3    Demographic Reach and Achievements
            15.2.2.4    Certifications
        15.2.3    Ingredion, Inc.
            15.2.3.1    Company Overview
            15.2.3.2    Product Portfolio
            15.2.3.3    Demographic Reach and Achievements
            15.2.3.4    Certifications
        15.2.4    DuPont de Nemours, Inc.
            15.2.4.1    Company Overview
            15.2.4.2    Product Portfolio
            15.2.4.3    Demographic Reach and Achievements
            15.2.4.4    Certifications
        15.2.5    CP Kelco (Huber)
            15.2.5.1    Company Overview
            15.2.5.2    Product Portfolio
            15.2.5.3    Demographic Reach and Achievements
            15.2.5.4    Certifications
        15.2.6    Roquette Frères
            15.2.6.1    Company Overview
            15.2.6.2    Product Portfolio
            15.2.6.3    Demographic Reach and Achievements
            15.2.6.4    Certifications
        15.2.7    Gelita AG
            15.2.7.1    Company Overview
            15.2.7.2    Product Portfolio
            15.2.7.3    Demographic Reach and Achievements
            15.2.7.4    Certifications
        15.2.8    Nexira
            15.2.8.1    Company Overview
            15.2.8.2    Product Portfolio
            15.2.8.3    Demographic Reach and Achievements
            15.2.8.4    Certifications
        15.2.9    Others
16    Key Trends and Developments in the Market

 

List of Figures and Tables

1.    Global Food Binders Market: Key Industry Highlights, 2018 and 2032
2.    Global Food Binders Historical Market: Breakup by Source (USD Million), 2018-2023
3.    Global Food Binders Market Forecast: Breakup by Source (USD Million), 2024-2032
4.    Global Food Binders Historical Market: Breakup by Type (USD Million), 2018-2023
5.    Global Food Binders Market Forecast: Breakup by Type (USD Million), 2024-2032
6.    Global Food Binders Historical Market: Breakup by Application (USD Million), 2018-2023
7.    Global Food Binders Market Forecast: Breakup by Application (USD Million), 2024-2032
8.    Global Food Binders Historical Market: Breakup by Region (USD Million), 2018-2023
9.    Global Food Binders Market Forecast: Breakup by Region (USD Million), 2024-2032
10.    North America Food Binders Historical Market: Breakup by Country (USD Million), 2018-2023
11.    North America Food Binders Market Forecast: Breakup by Country (USD Million), 2024-2032
12.    Europe Food Binders Historical Market: Breakup by Country (USD Million), 2018-2023
13.    Europe Food Binders Market Forecast: Breakup by Country (USD Million), 2024-2032
14.    Asia Pacific Food Binders Historical Market: Breakup by Country (USD Million), 2018-2023
15.    Asia Pacific Food Binders Market Forecast: Breakup by Country (USD Million), 2024-2032
16.    Latin America Food Binders Historical Market: Breakup by Country (USD Million), 2018-2023
17.    Latin America Food Binders Market Forecast: Breakup by Country (USD Million), 2024-2032
18.    Middle East and Africa Food Binders Historical Market: Breakup by Country (USD Million), 2018-2023
19.    Middle East and Africa Food Binders Market Forecast: Breakup by Country (USD Million), 2024-2032
20.    Global Food Binders Market Structure

Key Questions Answered in the Report

The market is assessed to grow at a CAGR of 4.8% between 2024 and 2032.

The major market drivers are the growing urban population along with the increasing preference for convenience foods.

The key market trends include the increasing disposable income among people and the growing popularity of vegetarian and vegan diets.

The various types in the market for food binders include sugar type, starch type, protein type, and protein type.

The various sources in the market for food binders include animal based, plant based, and hydrocolloids.

The primary applications in the market for food binders include bakery and confectionary, beverages, dairy and frozen desserts, sports nutrition, sauces and dressing, and meat products, among others.

The major players in the food binders market are Tate & Lyle PLC, Archer Daniels Midland Company, Ingredion, Inc., DuPont de Nemours, Inc., CP Kelco (Huber), Roquette Frères, Gelita AG, and Nexira, among others.

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