Food Binders Market
Food Binders Market Analysis, By Source (Plant-based Food Binders, Animal-based Food Binders), By Sales Channel (B2B, B2C), By End User (Commercial, Retail Buyers), By Region - Global Market Insights 2022 to 2032
Analysis of Food Binders market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Food Binders Market Outlook (2022 to 2032)
The global food binders market has reached a valuation of US$ 7.4 billion and is predicted to expand at a CAGR of 4.6% to climb to US$ 11.6 billion by the end of 2032.
Sales of food binders account for more than 4% share of the global food additives market at present.
Report Attributes | Details |
---|---|
Food Binders Market Size (2021A) | US$ 7.1 Billion |
Estimated Market Value (2022E) | US$ 7.4 Billion |
Forecasted Market Value (2032F) | US$ 11.6 Billion |
Global Market Growth Rate (2022 to 2032) | 4.6% CAGR |
North America Market Share (2021) | ~18.2% |
East Asia Market Growth Rate (2022 to 2032) | ~4.9% CAGR |
United States Market Growth Rate (2022 to 2032) | ~4.2% CAGR |
Market Share of Top 5 Companies | ~17.8% |
Key Companies Profiled | Cargill; Meron; Ettlinger Corporation; Ingredion; Archer Daniels Midland Company (ADM); Tate & Lyle; Nature's Harvest; Roquette frères; DUPont Nutrition & Health; Avebe; Foodchem International |
Don't Need a Global Report?
save 40%! on Country & Region specific reports
Sales Analysis of Food Binders (2017 to 2021) Vs. Market Outlook (2022 to 2032)
Across all markets and regions, customers and regulations are driving the need for biodegradable ingredients that are better for people and the environment alike, and food binders are no exception.
Food binders are food additives that are known to improve food texture by thickening and binding the ingredients together. They play an important role in the fast food industry, which is in high demand among the youth. Today, there are 1.2 billion young people, making up 16% of the global population, and, as such, there is increasing demand for fast food. This has guided a compound annual growth of 1.6% for the sales of food binders over the 2017 to 2021 period.
Moreover, increased government funding for sustainable products and the gradual shift from non-vegetarian diets to a more sustainable vegetarian diet are creating a great opportunity for food binder suppliers. Also, the characteristics of food binders such as improving the texture, volume, and juiciness of food are a major reason for their popularity among consumers and in the food industry.
The advantage of taste with increased volume is expected to guide the growth of the food binders market over the forecast period. Fact.MR suggests that the global food binders market will be valued at US$ 11.6 billion by 2032-end, expanding at a CAGR of 4.6%.
- Short Term (2022 Q2 to 2025): Increased implementation and integration of food binders in bakery & confectionery, processed food, beverages, sauces, and dressings, etc., to positively impact market growth. Over the short term (2022 to 2025), global food binder sales are expected to provide an incremental dollar opportunity of US$ 1.3 billion.
- Medium Term (2025 to 2028): Due to rising reliance on fast food and delivery systems, as well as supportive government programs, Asia Pacific and North America are expected to see high demand for food binders. In the medium-term forecast period (2025 to 2028), Fact.MR forecasts an increased opportunity of US$ 1.7 billion.
- Long Term (2028 to 2032): Demand for food binders will ultimately be driven by the rise in their use to increase food volume without compromising its nutritional value. During 2028 to 2032, Fact.MR projects an incremental opportunity of US$ 2.4 billion for the global food binders market.
Over the 2017 to 2021 historical period, the global food binders market registered a CAGR of 1.6%, and according to the in-depth analysis by Fact.MR, a market research and competitive intelligence provider, the industry is projected to expand at 4.6% CAGR between 2022 and 2032.
Market share analysis of food binders based on source and region is provided in the above image. Under source, plant-based food binders lead with 57.1% market share in 2022.
Why is Usage of Food Binders Steadily Increasing?
“Changing Consumer Eating Behaviors and Ever-rising Spending on Food”
Rising per capita income in developed as well as developing economies is encouraging higher spending on ready-to-eat foods, which has led to an increase in the usage of food binders.
When it comes to food, not only does it cost money to buy but it also takes time to prepare, which has caused customers to choose simple solutions. This trend has driven the fast food, processed food, and other food markets, which has had a beneficial impact on the market for food binders since these industries widely utilize them.
- The National Household Food Acquisition and Purchase Survey suggest that families with all adults working spend 70% more on food from restaurants and 10% less on ready-to-eat food from grocery stores than families with all adults unemployed.
As such, rising family income creates time constraints and drives the demand for grocery store foods and restaurant meals.
Additionally, the beneficial qualities of food binders such as an increase in food volume and juiciness elevate their popularity in food industries, including fast food, processed food, convenience foods, restaurant meals, and ready-to-eat food from grocery stores.
“Online Food Delivery - A Growing Trend Stimulating Market Expansion”
The benefits of online food delivery have been seen by foodservice industries such as HoReCa due to the busy lifestyle and time constraints of the global population. Online food delivery has become widely accepted due to factors such as industrial growth, rising living standards, increased food consumption, etc.
In recent years, the market for food binders has seen a profound shift due to an increase in HoReCa and food service companies. Food delivery services by such industries are hailed as the lifeline for the food binders market as the food prepared at such chains accounts for the high utilization of food binders.
Even before the pandemic, ordering meals online and having them delivered was standard practice in developed nations. However, after COVID-19, this trend accelerated in emerging nations as well. The HoReCa industry has benefited from this development, which has also benefited the market for food binders.
More Insights, Lesser Cost (-50% off)
Insights on import/export production,
pricing analysis, and more – Only @ Fact.MR
What Do Food Binders Producers Need to Watch Out For?
“Increasing Awareness about Health Effects of Processed & Fast Foods”
Increasing awareness of the health effects of processed and fast food can hinder the growth of the food binders market. Although ready-to-eat snacks and fast food are a common category of food consumed by people away from home, these foods have higher calorie content and less water, fiber, and other nutrients than natural foods.
Rising popularity of fast food among young people has raised concerns since it increases high fat consumption, which can lead to obesity and associated problems. The market for food binders is projected to experience a slowdown to some extent due to the several health issues associated with eating fast food.
Country-wise Insights
Will the Huge Demand for Fast Food in the U.S. Drive Demand for Food Binders?
The United States food binders market is currently worth US$ 1.1 billion and is expected to reach US$ 1.7 billion by 2032.
Rise of household income levels and the expansion of fast food chains have primarily driven market expansion in the country. The U.S. is recognized as the largest market for snacks, which need food binders as a binding agent. It is a well-known market for food binders owing to rising fast food consumption and changing lifestyles among the high number of younger individuals in the country.
Why is the Europe Food Binders Market Expected to Be Highly Lucrative?
Europe is one of the biggest and most significant markets in the world for food binders due to the rise in tourism and the high demand for natural food additives, as food companies and consumers shift away from synthetic ingredients towards more natural and sustainable ingredients.
Additionally, demand for food items that resemble meat and animal products but are not made from meat has increased as a large part of the European population has shifted from non-vegetarian to vegetarian diets. This is where food binders enter into the picture.
As a result, Fact.MR reveals that the European market for food binders is worth US$ 2.2 billion.
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
Category-wise Insights
Why are Plant-based Food Binders So Popular?
Much of the world is trending towards vegetarian diets and veganism, and this global shift from non-vegetation diets has boosted the demand for plant-based food products as well as plant-derived food binders.
Additionally, the rise of both, plant-based foods and plant-based food binders have also been attributed to the increased awareness of animal abuse in conventional dairy farming methods and the nutritional advantages of plant-based dairy products.
Thus, increasing demand for plant-based food products has spurred the plant-based food binders market, surpassing a market valuation of US$ 4.1 billion in 2021.
Furthermore, with the global economy on the way up, the plant-based food binders segment is predicted to expand at a CAGR of 4.5% through 2032.
How is Increasing Sales of Online Food Driving Food Binder Consumption?
The emergence of COVID-19 shifted consumer buying preferences from offline to online. Moreover, in the new normal or post-COVID, consumers are not willing to change their buying preferences from online to offline, and this factor is a major supporter of the rising online consumption of food binders.
Additionally, suppliers in the HoReCa sector are also favouring selling their products through online sales channels, which eventually boosts the sales of food binders through online sales channels.
The online sales channel segment is anticipated to create an absolute $ opportunity of US$ 600 million by the end of the assessment period.
Competitive Landscape
Prominent food binder manufacturers are Meron, Ettlinger Corporation, Ingredion, Cargill, Archer Daniels Midland Company, Tate & Lyle, Nature's Harvest, Roquette frères, DUPont Nutrition & Health, Avebe, Foodchem International, CP Kelco, Gelita, Fufeng Group, and Dornish.
Key manufacturers of food binders are trying to cater to changing trends by enhancing their product portfolios with a range of nature-based ingredients and additives that are specially designed to withstand modern food processing techniques.
Market players are not only focusing on increasing their product portfolios but also on delivering nutritional products, better taste, and texture ingredients, with great cost efficiency, to meet the needs of global food and beverage manufacturers.
- In March 2022, AAK, Chr. Hansen, Givaudan, and Ingredion used MISTA’s curated collaboration effort to co-create a novel plant-based yogurt base.
- In July 2020, Ingredion, a leading provider of ingredient solutions, launched three novel organic native starches - organic native corn starch (PURITY Bio 201), organic native tapioca starch (PURITY Bio 301), organic native waxy rice starch (PURITY 805).
Fact.MR has provided detailed information about the price points of key manufacturers of food binders positioned across regions, sales growth, production capacity, and speculative technological expansion, in the recently published report.
Segmentation of Food Binders Industry Research
-
By Source :
- Plant-based Food Binders
- Starch
- Flax Seeds
- Chia Seeds
- Aquafaba
- Carrageenan
- Guar Gum
- Xanthan Gum
- Agar
- Natural Resins
- Waxes
- Others
- Animal-based Food Binders
- Eggs
- Gelatin
- Whey
- Plant-based Food Binders
-
By End User :
- Commercial
- Processed Food Industry
- HoReCa/QSR
- Bakery and Confectionary
- Dairy Industry
- Meat and Poultry Industry
- Sports and Nutrition Industry
- Retail Buyers
- Commercial
-
By Sales Channel :
- B2B
- B2C
- Offline
- Online
-
By Region :
- North America
- Latin America
- Europe
- East Asia
- South Asia & ASEAN
- Oceania
- MEA
Table of Content
- 1. Food Binders Market - Executive Summary
- 2. Market Overview
- 3. Market Background and Foundation Data
- 4. Global Food Binders Market - Pricing Analysis
- 5. Global Food Binders Market Value (US$ Billion) Analysis and Forecast
- 6. Global Food Binders Market Analysis and Forecast, By Source
- 6.1. Plant-based Food Binders
- 6.1.1. Starch
- 6.1.2. Flax seeds
- 6.1.3. Chia seeds
- 6.1.4. Aquafaba
- 6.1.5. Carrageenan
- 6.1.6. Guar Gum
- 6.1.7. Xanthan gum
- 6.1.8. Agar
- 6.1.9. Natural Resins
- 6.1.10. Waxes
- 6.1.11. Others
- 6.2. Animal-based Food Binders
- 6.2.1. Egg
- 6.2.2. Gelatin
- 6.2.3. Whey
- 6.1. Plant-based Food Binders
- 7. Global Food Binders Market Analysis and Forecast, By End Users
- 7.1. Commercial
- 7.1.1. Processed Food Industry
- 7.1.2. HoReCa/QSR
- 7.1.3. Bakery and Confectionary
- 7.1.4. Dairy Industry
- 7.1.5. Meat and Poultry Industry
- 7.1.6. Sports and Nutrition Industry
- 7.2. Retail Buyers
- 7.1. Commercial
- 8. Global Food Binders Market Analysis and Forecast, By Sales Channel
- 8.1. B2B
- 8.2. B2C
- 8.2.1. Offline
- 8.2.2. Online
- 9. Global Food Binders Market Analysis and Forecast, By Region
- 9.1. North America
- 9.2. Latin America
- 9.3. Europe
- 9.4. East Asia
- 9.5. South Asia & ASEAN
- 9.6. Oceania
- 9.7. Middle East & Africa
- 10. North America Food Binders Market Analysis and Forecast
- 11. Latin America Food Binders Market Analysis and Forecast
- 12. Europe Food Binders Market Analysis and Forecast
- 13. East Asia Food Binders Market Analysis and Forecast
- 14. South Asia & ASEAN Food Binders Market Analysis and Forecast
- 15. Oceania Food Binders Market Analysis and Forecast
- 16. Middle East & Africa Food Binders Market Analysis and Forecast
- 17. Country-level Food Binders Market Analysis and Forecast
- 18. Food Binders Market Structure Analysis
- 19. Food Binders Market Competition Analysis
- 19.1. Cargill
- 19.2. Meron
- 19.3. Ettlinger Corporation
- 19.4. Ingredion
- 19.5. Archer Daniels Midland Company
- 19.6. Tate & Lyle
- 19.7. Nature's Harvest
- 19.8. Roquette frères
- 19.9. DUPont Nutrition & Health
- 19.10. Avebe
- 19.11. Foodchem International
- 19.12. CP Kelco
- 19.13. Gelita
- 19.14. Fufeng Group
- 19.15. Kellogg NA Co.
- 19.16. Tyson Foods Inc
- 20. Assumptions & Acronyms Used
- 21. Research Methodology
Don't Need a Global Report?
save 40%! on Country & Region specific reports
List Of Table
Table 01: Global Market Value (USD Billion) and Forecast by Region, 2017 to 2021
Table 02: Global Market Value (USD Billion) and Forecast by Region, 2022 to 2032
Table 03: Global Market Value (USD Billion) and Forecast by Source, 2017 to 2021
Table 04: Global Market Value (USD Billion) and Forecast by Source, 2022 to 2032
Table 05: Global Market Value (USD Billion) and Forecast by End Users, 2017 to 2021
Table 06: Global Market Value (USD Billion) and Forecast by End Users, 2022 to 2032
Table 07: Global Market Value (USD Billion) and Forecast by Sales Channel, 2017 to 2021
Table 08: Global Market Value (USD Billion) and Forecast by Sales Channel, 2022 to 2032
Table 09: North America Market Value (USD Billion) and Forecast by Country, 2017 to 2021
Table 10: North America Market Value (USD Billion) and Forecast by Country, 2022 to 2032
Table 11: North America Market Value (USD Billion) and Forecast by Source, 2017 to 2021
Table 12: North America Market Value (USD Billion) and Forecast by Source, 2022 to 2032
Table 13: North America Market Value (USD Billion) and Forecast by End Users, 2017 to 2021
Table 14: North America Market Value (USD Billion) and Forecast by End Users, 2022 to 2032
Table 15: North America Market Value (USD Billion) and Forecast by Sales Channel, 2017 to 2021
Table 16: North America Market Value (USD Billion) and Forecast by Sales Channel, 2022 to 2032
Table 17: Latin America Market Value (USD Billion) and Forecast by Country, 2017 to 2021
Table 18: Latin America Market Value (USD Billion) and Forecast by Country, 2022 to 2032
Table 19: Latin America Market Value (USD Billion) and Forecast by Source, 2017 to 2021
Table 20: Latin America Market Value (USD Billion) and Forecast by Source, 2022 to 2032
Table 21: Latin America Market Value (USD Billion) and Forecast by End Users, 2017 to 2021
Table 22: Latin America Market Value (USD Billion) and Forecast by End Users, 2022 to 2032
Table 23: Latin America Market Value (USD Billion) and Forecast by Sales Channel, 2017 to 2021
Table 24: Latin America Market Value (USD Billion) and Forecast by Sales Channel, 2022 to 2032
Table 25: Europe Market Value (USD Billion) and Forecast by Country, 2017 to 2021
Table 26: Europe Market Value (USD Billion) and Forecast by Country, 2022 to 2032
Table 27: Europe Market Value (USD Billion) and Forecast by Source, 2017 to 2021
Table 28: Europe Market Value (USD Billion) and Forecast by Source, 2022 to 2032
Table 29: Europe Market Value (USD Billion) and Forecast by End Users, 2017 to 2021
Table 30: Europe Market Value (USD Billion) and Forecast by End Users, 2022 to 2032
Table 31: Europe Market Value (USD Billion) and Forecast by Sales Channel, 2017 to 2021
Table 32: Europe Market Value (USD Billion) and Forecast by Sales Channel, 2022 to 2032
Table 33: East Asia Market Value (USD Billion) and Forecast by Country, 2017 to 2021
Table 34: East Asia Market Value (USD Billion) and Forecast by Country, 2022 to 2032
Table 35: East Asia Market Value (USD Billion) and Forecast by Source, 2017 to 2021
Table 36: East Asia Market Value (USD Billion) and Forecast by Source, 2022 to 2032
Table 37: East Asia Market Value (USD Billion) and Forecast by End Users, 2017 to 2021
Table 38: East Asia Market Value (USD Billion) and Forecast by End Users, 2022 to 2032
Table 39: East Asia Market Value (USD Billion) and Forecast by Sales Channel, 2017 to 2021
Table 40: East Asia Market Value (USD Billion) and Forecast by Sales Channel, 2022 to 2032
Table 41: South Asia Market Value (USD Billion) and Forecast by Country, 2017 to 2021
Table 42: South Asia Market Value (USD Billion) and Forecast by Country, 2022 to 2032
Table 43: South Asia Market Value (USD Billion) and Forecast by Source, 2017 to 2021
Table 44: South Asia Market Value (USD Billion) and Forecast by Source, 2022 to 2032
Table 45: South Asia Market Value (USD Billion) and Forecast by End Users, 2017 to 2021
Table 46: South Asia Market Value (USD Billion) and Forecast by End Users, 2022 to 2032
Table 47: South Asia Market Value (USD Billion) and Forecast by Sales Channel, 2017 to 2021
Table 48: South Asia Market Value (USD Billion) and Forecast by Sales Channel, 2022 to 2032
Table 49: Oceania Market Value (USD Billion) and Forecast by Country, 2017 to 2021
Table 50: Oceania Market Value (USD Billion) and Forecast by Country, 2022 to 2032
Table 51: Oceania Market Value (USD Billion) and Forecast by Source, 2017 to 2021
Table 52: Oceania Market Value (USD Billion) and Forecast by Source, 2022 to 2032
Table 53: Oceania Market Value (USD Billion) and Forecast by End Users, 2017 to 2021
Table 54: Oceania Market Value (USD Billion) and Forecast by End Users, 2022 to 2032
Table 55: Oceania Market Value (USD Billion) and Forecast by Sales Channel, 2017 to 2021
Table 56: Oceania Market Value (USD Billion) and Forecast by Sales Channel, 2022 to 2032
Table 57: MEA Market Value (USD Billion) and Forecast by Country, 2017 to 2021
Table 58: MEA Market Value (USD Billion) and Forecast by Country, 2022 to 2032
Table 59: MEA Market Value (USD Billion) and Forecast by Source, 2017 to 2021
Table 60: MEA Market Value (USD Billion) and Forecast by Source, 2022 to 2032
Table 61: MEA Market Value (USD Billion) and Forecast by End Users, 2017 to 2021
Table 62: MEA Market Value (USD Billion) and Forecast by End Users, 2022 to 2032
Table 63: MEA Market Value (USD Billion) and Forecast by Sales Channel, 2017 to 2021
Table 64: MEA Market Value (USD Billion) and Forecast by Sales Channel, 2022 to 2032
More Insights, Lesser Cost (-50% off)
Insights on import/export production,
pricing analysis, and more – Only @ Fact.MR
List Of Figures
Figure 01: Global Market Value (USD Billion) Forecast, 2022 to 2032
Figure 02: Global Market Absolute $ Opportunity (USD Billion), 2022 to 2032
Figure 03: Global Market Value (USD Billion) by Region, 2022 & 2032
Figure 04: Global Market Y-o-Y Growth Rate by Region, 2022 to 2032
Figure 05: Global Market Value (USD Billion) by Source, 2022 & 2032
Figure 06: Global Market Y-o-Y Growth Rate by Source, 2022 to 2032
Figure 07: Global Market Value (USD Billion) by End Users, 2022 & 2032
Figure 08: Global Market Y-o-Y Growth Rate by End Users, 2022 to 2032
Figure 09: Global Market Value (USD Billion) by Sales Channel, 2022 & 2032
Figure 10: Global Market Y-o-Y Growth Rate by Sales Channel, 2022 to 2032
Figure 11: North America Market Value (USD Billion) Forecast, 2022 to 2032
Figure 12: North America Market Absolute $ Opportunity (USD Billion), 2022 to 2032
Figure 13: North America Market Value (USD Billion) by Country, 2022 & 2032
Figure 14: North America Market Y-o-Y Growth Rate by Country, 2022 to 2032
Figure 15: North America Market Value (USD Billion) by Source, 2022 & 2032
Figure 16: North America Market Y-o-Y Growth Rate by Source, 2022 to 2032
Figure 17: North America Market Value (USD Billion) by End Users, 2022 & 2032
Figure 18: North America Market Y-o-Y Growth Rate by End Users, 2022 to 2032
Figure 19: North America Market Value (USD Billion) by Sales Channel, 2022 & 2032
Figure 20: North America Market Y-o-Y Growth Rate by Sales Channel, 2022 to 2032
Figure 21: North America Market Attractiveness Analysis by Country, 2022 to 2032
Figure 22: North America Market Attractiveness Analysis by Source, 2022 to 2032
Figure 23: North America Market Attractiveness Analysis by End Users, 2022 to 2032
Figure 24: North America Market Attractiveness Analysis by Sales Channel, 2022 to 2032
Figure 25: Latin America Market Value (USD Billion) Forecast, 2022 to 2032
Figure 26: Latin America Market Absolute $ Opportunity (USD Billion), 2022 to 2032
Figure 27: Latin America Market Value (USD Billion) by Country, 2022 & 2032
Figure 28: Latin America Market Y-o-Y Growth Rate by Country, 2022 to 2032
Figure 29: Latin America Market Value (USD Billion) by Source, 2022 & 2032
Figure 30: Latin America Market Y-o-Y Growth Rate by Source, 2022 to 2032
Figure 31: Latin America Market Value (USD Billion) by End Users, 2022 & 2032
Figure 32: Latin America Market Y-o-Y Growth Rate by End Users, 2022 to 2032
Figure 33: Latin America Market Value (USD Billion) by Sales Channel, 2022 & 2032
Figure 34: Latin America Market Y-o-Y Growth Rate by Sales Channel, 2022 to 2032
Figure 35: Latin America Market Attractiveness Analysis by Country, 2022 to 2032
Figure 36: Latin America Market Attractiveness Analysis by Source, 2022 to 2032
Figure 37: Latin America Market Attractiveness Analysis by End Users, 2022 to 2032
Figure 38: Latin America Market Attractiveness Analysis by Sales Channel, 2022 to 2032
Figure 39: Europe Market Value (USD Billion) Forecast, 2022 to 2032
Figure 40: Europe Market Absolute $ Opportunity (USD Billion), 2022 to 2032
Figure 41: Europe Market Value (USD Billion) by Country, 2022 & 2032
Figure 42: Europe Market Y-o-Y Growth Rate by Country, 2022 to 2032
Figure 43: Europe Market Value (USD Billion) by Source, 2022 & 2032
Figure 44: Europe Market Y-o-Y Growth Rate by Source, 2022 to 2032
Figure 45: Europe Market Value (USD Billion) by End Users, 2022 & 2032
Figure 46: Europe Market Y-o-Y Growth Rate by End Users, 2022 to 2032
Figure 47: Europe Market Value (USD Billion) by Sales Channel, 2022 & 2032
Figure 48: Europe Market Y-o-Y Growth Rate by Sales Channel, 2022 to 2032
Figure 49: Europe Market Attractiveness Analysis by Country, 2022 to 2032
Figure 50: Europe Market Attractiveness Analysis by Source, 2022 to 2032
Figure 51: Europe Market Attractiveness Analysis by End Users, 2022 to 2032
Figure 52: Europe Market Attractiveness Analysis by Sales Channel, 2022 to 2032
Figure 53: East Asia Market Value (USD Billion) Forecast, 2022 to 2032
Figure 54: East Asia Market Absolute $ Opportunity (USD Billion), 2022 to 2032
Figure 55: East Asia Market Value (USD Billion) by Country, 2022 & 2032
Figure 56: East Asia Market Y-o-Y Growth Rate by Country, 2022 to 2032
Figure 57: East Asia Market Value (USD Billion) by Source, 2022 & 2032
Figure 58: East Asia Market Y-o-Y Growth Rate by Source, 2022 to 2032
Figure 59: East Asia Market Value (USD Billion) by End Users, 2022 & 2032
Figure 60: East Asia Market Y-o-Y Growth Rate by End Users, 2022 to 2032
Figure 61: East Asia Market Value (USD Billion) by Sales Channel, 2022 & 2032
Figure 62: East Asia Market Y-o-Y Growth Rate by Sales Channel, 2022 to 2032
Figure 63: East Asia Market Attractiveness Analysis by Country, 2022 to 2032
Figure 64: East Asia Market Attractiveness Analysis by Source, 2022 to 2032
Figure 65: East Asia Market Attractiveness Analysis by End Users, 2022 to 2032
Figure 66: East Asia Market Attractiveness Analysis by Sales Channel, 2022 to 2032
Figure 67: South Asia & ASEAN Market Value (USD Billion) Forecast, 2022 to 2032
Figure 68: South Asia & ASEAN Market Absolute $ Opportunity (USD Billion), 2022 to 2032
Figure 69: South Asia & ASEAN Market Value (USD Billion) by Country, 2022 & 2032
Figure 70: South Asia & ASEAN Market Y-o-Y Growth Rate by Country, 2022 to 2032
Figure 71: South Asia & ASEAN Market Value (USD Billion) by Source, 2022 & 2032
Figure 72: South Asia & ASEAN Market Y-o-Y Growth Rate by Source, 2022 to 2032
Figure 73: South Asia & ASEAN Market Value (USD Billion) by End Users, 2022 & 2032
Figure 74: South Asia & ASEAN Market Y-o-Y Growth Rate by End Users, 2022 to 2032
Figure 75: South Asia & ASEAN Market Value (USD Billion) by Sales Channel, 2022 & 2032
Figure 76: South Asia & ASEAN Market Y-o-Y Growth Rate by Sales Channel, 2022 to 2032
Figure 77: South Asia & ASEAN Market Attractiveness Analysis by Country, 2022 to 2032
Figure 78: South Asia & ASEAN Market Attractiveness Analysis by Source, 2022 to 2032
Figure 79: South Asia & ASEAN Market Attractiveness Analysis by End Users, 2022 to 2032
Figure 80: South Asia & ASEAN Market Attractiveness Analysis by Sales Channel, 2022 to 2032
Figure 81: Oceania Market Value (USD Billion) Forecast, 2022 to 2032
Figure 82: Oceania Market Absolute $ Opportunity (USD Billion), 2022 to 2032
Figure 83: Oceania Market Value (USD Billion) by Country, 2022 & 2032
Figure 84: Oceania Market Y-o-Y Growth Rate by Country, 2022 to 2032
Figure 85: Oceania Market Value (USD Billion) by Source, 2022 & 2032
Figure 86: Oceania Market Y-o-Y Growth Rate by Source, 2022 to 2032
Figure 87: Oceania Market Value (USD Billion) by End Users, 2022 & 2032
Figure 88: Oceania Market Y-o-Y Growth Rate by End Users, 2022 to 2032
Figure 89: Oceania Market Value (USD Billion) by Sales Channel, 2022 & 2032
Figure 90: Oceania Market Y-o-Y Growth Rate by Sales Channel, 2022 to 2032
Figure 91: Oceania Market Attractiveness Analysis by Country, 2022 to 2032
Figure 92: Oceania Market Attractiveness Analysis by Source, 2022 to 2032
Figure 93: Oceania Market Attractiveness Analysis by End Users, 2022 to 2032
Figure 94: Oceania Market Attractiveness Analysis by Sales Channel, 2022 to 2032
Figure 95: MEA Market Value (USD Billion) Forecast, 2022 to 2032
Figure 96: MEA Market Absolute $ Opportunity (USD Billion), 2022 to 2032
Figure 97: MEA Market Value (USD Billion) by Country, 2022 & 2032
Figure 98: MEA Market Y-o-Y Growth Rate by Country, 2022 to 2032
Figure 99: MEA Market Value (USD Billion) by Source, 2022 & 2032
Figure 100: MEA Market Y-o-Y Growth Rate by Source, 2022 to 2032
Figure 101: MEA Market Value (USD Billion) by End Users, 2022 & 2032
Figure 102: MEA Market Y-o-Y Growth Rate by End Users, 2022 to 2032
Figure 103: MEA Market Value (USD Billion) by Sales Channel, 2022 & 2032
Figure 104: MEA Market Y-o-Y Growth Rate by Sales Channel, 2022 to 2032
Figure 105: MEA Market Attractiveness Analysis by Country, 2022 to 2032
Figure 106: MEA Market Attractiveness Analysis by Source, 2022 to 2032
Figure 107: MEA Market Attractiveness Analysis by End Users, 2022 to 2032
Figure 108: MEA Market Attractiveness Analysis by Sales Channel, 2022 to 2032
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
What is the global food binders market valued at?
The global food binders market is worth US$ 7.4 billion in 2022.
How is the market for food binders expected to fare in the future?
Worldwide demand for food binders is anticipated to reach US$ 11.6 billion by 2032.
How did the market perform over the past few years?
From 2017 to 2021, worldwide sales of food binders increased at 1.6% CAGR.
Which region leads the global food binders market?
Europe accounted for a leading 30% market share at the end of 2021.
Which type of food binders are seeing rapidly rising demand?
Plant-based food binders account for 57.1% share of the global market.