Global Food Binders Market - Trends, COVID-19 impact and Growth Forecasts to 2026
Global Food Binders Market by source (Plant, Animal, and Hydrocolloids), by region (Asia-Pacific, North America, Europe, South America, Middle East and Africa), with forecasts till 2026 (value and volume)
Global Food Binders Market - Trends, COVID-19 impact and Growth Forecasts to 2026
ChemIntel360’s global Food Binders Market study is a 120 slide report containing in-depth analysis on historical and forecasted spending and consumption patterns in the sector. We offer granular value and volume data from a global, regional, and sources perspective. The industry is expected to be valued at US$ 1.26 billion in 2020 and is expected to grow at a CAGR of 5.0% during the forecast period mainly due to growing consumption of the chemical, which is used in the production of packaged food products.
Figure 1: Global Food Binders Market during 2015-2026 in USD billion
Figure 2: Global Food Binders market by source in 2020
Covid Impact on the market
The food binders industry was adversely impacted by the Covid-19 pandemic as the demand of the chemical saw a significant decline in the initial six months of 2020. This is due to closure of eateries, bakeries, and restaurants, which stalled the growth of food binders market. The lockdowns enforced across the globe to stem the spread of multiple Covid waves led to the fall in the industry demand. In addition, bottlenecks in the supply chain also had a negative effect on the sale of food binders. Trade constraints in the global economy negatively affected the food binders market.
Drivers
Due to their binding property, Food binders are used extensively in sports supplements and other formulations. They aid in binding together in liquid formulations. The Global sports supplements market is projected to witness strong growth during the forecast period, aided by the increasing number of gyms across the globe. This, in turn, will support the Food Binders market growth. It also plays a crucial part in improving the viscosity and enhancing the texture of food substrates.
Opportunities
Processed food industry is expected at a robust pace during the forecast period. This can be attributed to the overloaded work agendas and shifting lifestyle of the global middle class. The growth of processed food industry would in turn boost Food binders market. Food Binders are used typically used to fast food for its strong binding and volume enhancement characteristics
Challenges
Some Food binders such as Xanthan Gums can cause irritable bowel syndrome as well other variants of autoimmune disorder in small percentage of the general population. The negative effects of these food binders can hinder the market growth during the forecast period.
Trends
The key trend observed in the market is that the unsweetened food binders are demonstrating to be an economically viable alternative compared to conventional options such as egg, starch and corn syrup.
Key Companies
The key companies operating in this market are Dupont, Cargill, Tate & Lyle, Ingredion, Roquette Ferres SA and Archer Daniels Midland Company.
Developments
Archer Daniels Midland, a firm specializing in food processing applied a patent for VegeFull, a bean derive food binder in August 2018.
Scope of the report
|
Report Parameters |
Details |
|
Time period considered for the study |
2015-2026 |
|
Historical Period |
2015-2020 |
|
Forecast Period |
2021-2026 |
|
Units considered |
Value (USD) and Volume (Kiloton) |
|
Segments |
By Source By Region |
|
Regions included in the study |
APAC, North America, Europe, Middle East and Africa, South America |
|
Companies Profiled |
Dupont, Cargill, Tate & Lyle, Ingredion, Roquette Ferres SA and Archer Daniels Midland Company |
This research study classifies the Castor Oil market on the basis of Source, and region.
By Application:
- Plant
- Animal
- Hydrocolloids
By Region:
- APAC
- Europe
- North America
- Middle East & Africa
- South America
Table of Contents
Executive summary
Table of contents
List of tables
List of figures
Chapter-1: Introduction
1.1 Objective of the report
1.2 Market Definition
1.3 Scope of the report
1.3.1 Markets covered
1.3.2 Years covered
1.4 Conventions
1.5 Stakeholder
1.6 Summary Methodology
1.7 Data Collection
1.7.1 Secondary research
1.7.2 Primary research
1.8 Market size estimation
1.8.1 Bottom-up approach
1.8.2 Top-down approach
1.9 Data triangulation
1.10 Assumptions and limitations
1.11 COVID-19 Impact
Chapter-2: Market Overview
2.1 Introduction
2.2 Covid impact on the market
2.3 Market Dynamics
2.3.1 Drivers
2.3.2 Restraints
2.3.3 Opportunities
2.3.4 Challenges
2.4 Key Players
2.5 Trends
2.6 Recent Developments
Chapter-3: Segment Analysis
3.1.1 Market overview, 2015-2026 (US$ billion)
3.1.2 Market overview, 2015-2026 (kilo tons)
3.2.1 Food Binders market: Plant (US$ billion)
3.2.2 Food Binders market: Plant (kilo tons)
3.3.1 Food Binders market: Animal (US$ billion)
3.3.2 Food Binders market: Animal (kilo tons)
3.4.1 Food Binders market: Hydrocolloids (US$ billion)
3.4.2 Food Binders market: Hydrocolloids (US$ kilo tons)
Chapter-4: Regional Analysis
4.1 Market overview, 2015-2026
4.2.1 Market overview, 2015-2026 (US$ billion)
4.2.2 Market overview, 2015-2026 (kilo tons)
4.3.1 Food Binders market: Asia Pacific (US$ billion)
4.3.2 Food Binders market: Asia Pacific (kilo tons)
4.4.1 Food Binders market: North America (US$ billion)
4.4.2 Food Binders market: North America (US$ billion)
4.5.1 Food Binders market: Europe (US$ billion)
4.5.2 Food Binders market: Europe (kilo tons)
4.6.1 Food Binders market: South America (US$ billion)
4.6.2 Food Binders market: South America (kilo tons)
4.7.1 Food Binders market: Middle East and Africa (US$ billion)
4.7.2 Food Binders market: Middle East and Africa (kilo tons)
Chapter-5: Regional market Analysis by Source
5.1 Food Binders regional market source composition
5.1.1 Food Binders market: APAC Animal (US$ billion)
5.1.2 Food Binders market: APAC Animal (kilo tons)
5.2.1 Food Binders market: APAC Hydrocolloids (US$ billion)
5.2.2 Food Binders market: APAC Hydrocolloids (kilo tons)
5.3.1 Food Binders market: APAC Plant (US$ billion)
5.3.2 Food Binders market: APAC Plant (kilo tons)
5.4.1 Food Binders market: North America Hydrocolloids (US$ billion)
5.4.2 Food Binders market: North America Hydrocolloids (kilo tons)
5.5.1 Food Binders market: North America Animal (US$ billion)
5.5.2 Food Binders market: North America Animal (kilo tons)
5.6.1 Food Binders market: North America Plant (US$ billion)
5.6.2 Food Binders market: North America Plant (kilo tons)
5.7.1 Food Binders market: Europe Hydrocolloids (US$ billion)
5.7.2 Food Binders market: Europe Hydrocolloids (kilo tons)
5.8.1 Food Binders market: Europe Animal (US$ billion)
5.8.2 Food Binders market: Europe Animal (kilo tons)
5.9.1 Food Binders market: Europe Plant (US$ billion)
5.9.2 Food Binders market: Europe Plant (kilo tons)
5.10.1 Food Binders market: South America Hydrocolloids (US$ billion)
5.10.2 Food Binders market: South America Hydrocolloids (kilo tons)
5.11.1 Food Binders market: South America Animal (US$ billion)
5.11.2 Food Binders market: South America Animal (kilo tons)
5.12.1 Food Binders market: South America Plant (US$ billion)
5.12.2 Food Binders market: South America Plant (kilo tons)
5.13.1 Food Binders market: Middle East and Africa Hydrocolloids (US$ billion)
5.13.2 Food Binders market: Middle East and Africa Hydrocolloids (kilo tons)
5.14.1 Food Binders market: Middle East and Africa Animal (US$ billion)
5.14.2 Food Binders market: Middle East and Africa Animal (kilo tons)
5.15.1 Food Binders market: Middle East and Africa Plant (US$ billion)
5.15.2 Food Binders market: Middle East and Africa Plant (kilo tons)
Chapter-6: Key Markets Analysis
6.1 Food Binders key market size composition
6.1.1 Market overview, 2015-2026 (US$ billion)
6.1.2 Market overview, 2015-2026 (kilo tons)
6.2.1 Food Binders market: US, North America (US$ billion)
6.2.2 Food Binders market: US, North America (kilo tons)
6.3.1 Food Binders market: Canada, North America (US$ billion)
6.3.2 Food Binders market: Canada, North America (kilo tons)
6.4.1 Food Binders market: Mexico, North America (US$ billion)
6.4.2 Food Binders market: Mexico, North America (kilo tons)
6.5.1 Food Binders market: Germany, Europe (US$ billion)
6.5.2 Food Binders market: Germany, Europe (kilo tons)
6.6.1 Food Binders market: Italy, Europe (US$ billion)
6.6.2 Food Binders market: Italy, Europe (kilo tons)
6.7.1 Food Binders market: France, Europe (US$ billion)
6.7.2 Food Binders market: France, Europe (kilo tons)
6.8.1 Food Binders market: China, Asia Pacific (US$ billion)
6.8.2 Food Binders market: China, Asia Pacific (kilo tons)
6.9.1 Food Binders market: India, Asia Pacific (US$ billion)
6.9.2 Food Binders market: India, Asia Pacific (kilo tons)
6.10.1 Food Binders market: Japan, Asia Pacific (US$ billion)
6.10.2 Food Binders market: Japan, Asia Pacific (kilo tons)
6.11.1 Food Binders market: Brazil, South America (US$ billion)
6.11.2 Food Binders market: Brazil, South America (kilo tons)
6.12.1 Food Binders market: Argentina, South America (US$ billion)
6.12.2 Food Binders market: Argentina, South America (kilo tons)
6.13.1 Food Binders market: Colombia, South America (US$ billion)
6.13.2 Food Binders market: Colombia, South America (kilo tons)
6.14.1 Food Binders market: South Africa, Middle East and Africa (US$ billion)
6.14.2 Food Binders market: South Africa, Middle East and Africa (kilo tons)
6.15.1 Food Binders market: UAE, Middle East and Africa (US$ billion)
6.15.2 Food Binders market: UAE, Middle East and Africa (kilo tons)
6.16.1 Food Binders market: Saudi Arabia, Middle East and Africa (US$ billion)
6.16.2 Food Binders market: Saudi Arabia, Middle East and Africa (kilo tons)
Chapter 7: Company Profile
7.1 Dupont
7.2 Cargill
7.3 Tate & Lyle
7.4 Ingredion
7.5 Roquette Ferres SA
7.6 Archer Daniels Midland Company
Appendix
Glossary of terms
Disclaimer
About Us
List of Tables
Table 1: By value: Food Binders market by source during 2015-2026 in US$ billion
Table 2: By volume: Food Binders market by source during 2015-2026 in kilo tons
Table 3: By value: Food Binders Market by region during 2015-2026 in US$ billion
Table 4: By volume: Food Binders Market by region during 2015-2026 in
kilo tons
Table 5: By Value: key Food Binders markets in US$ billion
Table 6: By Volume: key Food Binders markets in kilo tons
List of Figures
Figure 1: By value: Food Binders market segment share during 2015-2026 in %
Figure 2: By volume: Food Binders market segment share during 2015-2026 in %
Figure 3: By value: Share of Plant in Food Binders market
during 2015-2026 in %
Figure 4: By value: Plant in Food Binders market during
2015-2026 in US$ billion
Figure 5: By volume: Share of Plant market during 2015-2026 in %
Figure 6: By volume: Plant market during 2015-2026 in kilo tons
Figure 7: By value: Share of Animal market during 2015-2026 in %
Figure 8: By value: Animal market during 2015-2026 in US$ billion
Figure 9: By volume: Share of Animal market during 2015-2026 in %
Figure 10: By volume: Animal market during 2015-2026
in kilo tons
Figure 11: By value: Share of Hydrocolloids market during 2015-2026 in %
Figure 12: By value: Hydrocolloids market during 2015-2026 in US$ billion
Figure 13: By volume: Share of Hydrocolloids market during 2015-2026 in %
Figure 14: By volume: Hydrocolloids market during 2015-2026 in kilo tons
Figure 15: By Value: key Food Binders regional markets in US$ billion
Figure 16: By Volume: key Food Binders regional markets in kilo tons
Figure 17: By value: Food Binders market region share during 2015-2026 in %
Figure 18: By volume: Food Binders market region share during 2015-2026 in %
Figure 19: By value: Share of Asia Pacific market during 2015-2026 in %
Figure 20: By value: Asia Pacific market during 2015-2026 in US$ billion
Figure 21: By volume: Share of Asia Pacific market during 2015-2026 in %
Figure 22: By volume: APAC market during 2015-2026 in kilo tons
Figure 23: By value: Share of North America market during 2015-2026 in %
Figure 24: By value: North America market during 2015-2026 in US$ billion
Figure 25: By volume: Share of North America market during 2015-2026 in %
Figure 26: By volume: North America market during 2015-2026 in kilo tons
Figure 27: By value: Share of Europe market during 2015-2026 in
Figure 28: By value: Europe market during 2015-2026 in US$ billion
Figure 29: By volume: Share of Europe market during 2015-2026 in %
Figure 30: By volume: Europe market during 2015-2026 in kilo tons
Figure 31: By value: Share of South America market during 2015-2026 in %
Figure 32: By value: South America market during 2015-2026 in US$ billion
Figure 33: By volume: Share of South America market during 2015-2026 in %
Figure 34: By volume: South America market during 2015-2026 in kilo tons
Figure 35: By value: Share of Middle east and Africa market during 2015-2026 in %
Figure 35: By value: Middle East and Africa market during 2015-2026 in US$ billion
Figure 36: By volume: Share of Middle East and Africa market during
2015-2026 in %
Figure 37: By volume: Middle East and Africa market during 2015-2026
in kilo tons
Figure 38: By value: Share of APAC Plant market during 2015-2026 in %
Figure 39: By value: APAC Plant market during 2015-2026 in US$ billion
Figure 40: By volume: Share of APAC Plant market during 2015-2026 in %
Figure 41: By volume: APAC Plant market during 2015-2026 in kilo tons
Figure 42: By value: Share of APAC Hydrocolloids market during
2015-2026 in %
Figure 43: By value: APAC Hydrocolloids market during 2015-2026 in US$ billion
Figure 44: By volume: Share of APAC Hydrocolloids market during
2015-2026 in %
Figure 45: By volume: APAC Hydrocolloids market during 2015-2026
in kilo tons
Figure 46: By value: Share of APAC Animal market during 2015-2026 in %
Figure 47: By value: APAC Animal market during 2015-2026 in US$ billion
Figure 48: By volume: Share of APAC Animal market during 2015-2026 in %
Figure 49: By volume: APAC Animal market during 2015-2026 in kilo tons
Figure 50: By value: Share of North America Plant market during
2015-2026 in %
Figure 51: By value: North America Plant market during 2015-2026
in US$ billion
Figure 52: By volume: Share of North America Plant market during
2015-2026 in %
Figure 53: By volume: North America Plant market during 2015-2026 in
kilo tons
Figure 54: By value: Share of North America Animal
market during 2015-2026 in %
Figure 55: By value: North America Animal market during
2015-2026 in US$ billion
Figure 56: By volume: Share of North America Animal
market during 2015-2026 in %
Figure 57: By volume: North America Animal market
during 2015-2026 in kilo tons
Figure 58: By value: Share of North America Hydrocolloids market
during 2015-2026 in %
Figure 59: By value: North America Plant Hydrocolloids during 2015-2026
in US$ billion
Figure 60: By volume: Share of North America Hydrocolloids market during
2015-2026 in %
Figure 61: By volume: North America Hydrocolloids market during 2015-2026
in kilo tons
Figure 62: By value: Share of Europe Plant market during 2015-2026 in %
Figure 63: By value: Europe Plant market during 2015-2026 in US$ billion
Figure 64: By volume: Share of Europe Plant market during 2015-2026 in %
Figure 65: By volume: Europe Plant market during 2015-2026 in kilo tons
Figure 66: By value: Share of Europe Animal market during
2015-2026 in %
Figure 67: By value: Europe Animal market during 2015-2026
in US$ billion
Figure 68: By volume: Share of Europe Animal market
during 2015-2026 in %
Figure 69: By volume: Europe Animal market during
2015-2026 in kilo tons
Figure 70: By value: Share of Europe Hydrocolloids market during
2015-2026 in %
Figure 71: By value: Europe Hydrocolloids market during 2015-2026
in US$ billion
Figure 72: By volume: Share of Europe Hydrocolloids market during
2015-2026 in %
Figure 73: By volume: Europe Hydrocolloids market during 2015-2026
in kilo tons
Figure 74: By value: Share of South America Hydrocolloids market during
2015-2026 in %
Figure 75: By value: South America Hydrocolloids market during 2015-2026
in US$ billion
Figure 76: By volume: Share of South America Hydrocolloids market during
2015-2026 in %
Figure 77: By volume: South America Hydrocolloids market during 2015-2026
in kilo tons
Figure 78: By value: Share of South America Animal
market during 2015-2026 in %
Figure 79: By value: South America Animal market
during 2015-2026 in US$ billion
Figure 80: By volume: Share of South America Animal
market during 2015-2026 in %
Figure 81: By volume: South America Animal market
during 2015-2026 in kilo tons
Figure 82: By value: Share of South America Plant market
during 2015-2026 in %
Figure 83: By value: Share of South America Plant market
during 2015-2026 in kilo tons
Figure 84: By volume: Share of South America Plant market
during 2015-2026 in %
Figure 85: By volume: South America Plant market during
2015-2026 in kilo tons
Figure 86: By value: Share of Middle East and Africa Hydrocolloids market during
2015-2026 in %
Figure 87: By value: Middle East and Africa Hydrocolloids market during 2015-2026
in US$ billion
Figure 88: By volume: Share of Middle East and Africa Hydrocolloids market during
2015-2026 in %
Figure 89: By volume: Middle East and Africa Hydrocolloids market during
2015-2026 in kilo tons
Figure 90: By value: Share of Middle East and Africa Animal
market during 2015-2026 in %
Figure 91: By value: Middle East and Africa Animal market
during 2015-2026 in US$ billion
Figure 92: By volume: Share of Middle East and Africa Animal
market during 2015-2026 in %
Figure 93: By volume: Middle East and Africa Animal market
during 2015-2026 in kilo tons
Figure 94: By value: Share of Middle East and Africa Plant market
during 2015-2026 in %
Figure 95: By value: Middle East and Africa Plant market during
2015-2026 in kilo tons
Figure 96: By volume: Share of Middle East and Africa Plant
market during 2015-2026 in %
Figure 97: By volume: Middle East and Africa Plant market during
2015-2026 in kilo tons
Figure 98: By Value: key Food Binders regional markets in US$ billion
Figure 99: By Value: key Food Binders regional markets in kilo tons
Figure 100: By value: Share of US market during 2015-2026 in %
Figure 101: By value: US market during 2015-2026 in US$ billion
Figure 102: By volume: Share of US market during 2015-2026 in %
Figure 103: By volume: US market during 2015-2026 in kilo tons
Figure 104: By value: Share of Canada market during 2015-2026 in %
Figure 105: By value: Canada market during 2015-2026 in US$ billion
Figure 106: By volume: Share of Canada market during 2015-2026 in %
Figure 107: By volume: Canada market during 2015-2026 in kilo tons
Figure 108: By value: Share of Mexico market during 2015-2026 in %
Figure 109: By value: Mexico market during 2015-2026 in US$ billion
Figure 110: By volume: Share of Mexico market during 2015-2026 in %
Figure 111: By volume: Mexico market during 2015-2026 in kilo tons
Figure 112: By value: Share of Germany market during 2015-2026 in %
Figure 113: By value: Germany market during 2015-2026 in US$ billion
Figure 114: By volume: Share of Germany market during 2015-2026 in %
Figure 115: By volume: Germany market during 2015-2026 in kilo tons
Figure 116: By value: Share of Italy market during 2015-2026 in %
Figure 117: By value: Italy market during 2015-2026 in US$ billion
Figure 118: By volume: Share of Italy market during 2015-2026 in %
Figure 119: By volume: Italy market during 2015-2026 in kilo tons
Figure 120: By value: Share of France market during 2015-2026 in %
Figure 121: By value: France market during 2015-2026 in US$ billion
Figure 122: By volume: Share of France market during 2015-2026 in %
Figure 123: By volume: France market during 2015-2026 in kilo tons
Figure 124: By value: Share of China market during 2015-2026 in %
Figure 125: By value: China market during 2015-2026 in US$ billion
Figure 126: By volume: Share of China market during 2015-2026 in %
Figure 127: By volume: China market during 2015-2026 in kilo tons
Figure 128: By value: Share of India market during 2015-2026 in %
Figure 129: By value: India market during 2015-2026 in US$ billion
Figure 130: By volume: Share of India market during 2015-2026 in %
Figure 131: By volume: India market during 2015-2026 in kilo tons
Figure 132: By value: Share of Japan market during 2015-2026 in %
Figure 133: By value: Japan market during 2015-2026 in US$ billion
Figure 134: By volume: Share of Japan market during 2015-2026 in %
Figure 135: By volume: Japan market during 2015-2026 in kilo tons
Figure 136: By value: Share of Brazil market during 2015-2026 in %
Figure 137: By value: Brazil market during 2015-2026 in US$ billion
Figure 138: By volume: Share of Brazil market during 2015-2026 in %
Figure 139: By volume: Brazil market during 2015-2026 in kilo tons
Figure 140: By value: Share of Argentina market during 2015-2026 in %
Figure 141: By value: Argentina market during 2015-2026 in US$ billion
Figure 142: By volume: Share of Argentina market during 2015-2026 in %
Figure 143: By volume: Argentina market during 2015-2026 in kilo tons
Figure 144: By value: Share of Colombia market during 2015-2026 in %
Figure 145: By value: Colombia market during 2015-2026 in US$ billion
Figure 146: By volume: Share of Colombia market during 2015-2026 in %
Figure 147: By volume: Colombia market during 2015-2026 in kilo tons
Figure 148: By value: Share of South Africa market during 2015-2026 in %
Figure 149: By value: South Africa market during 2015-2026 in US$ billion
Figure 150: By volume: Share of South Africa market during 2015-2026 in %
Figure 151: By volume: South Africa maarket during 2015-2026 in kilo tons
Figure 152: By value: Share of UAE market during 2015-2026 in %
Figure 153: By value: UAE market during 2015-2026 in US$ billion
Figure 154: By volume: Share of UAE market during 2015-2026 in %
Figure 155: By volume: UAE market during 2015-2026 in kilo tons
Figure 156: By value: Share of Saudi Arabia market during 2015-2026 in %
Figure 157: By value: Saudi Arabia market during 2015-2026 in US$ billion
Figure 158: By volume: Share of Saudi Arabia market during 2015-2026 in %
Figure 159: By volume: Saudi Arabia market during 2015-2026 in kilo tons
Figure 160: Dupont
Figure 161: Cargill
Figure 162: Tate & Lyle
Figure 163: Ingredion
Figure 164: Roquette Ferres SA
Figure 165: Archer Daniels Midland Company
Research Methodology
This report uses a comprehensive and iterative research methodology including bottom-up and top-down approaches, to minimize deviance and consequently provide accurate market estimates and forecasts. Additionally, we make use of market breakdown and data triangulation procedures to validate our findings.
Secondary Research
We strictly make use of authentic and credible secondary sources such as company filings, white papers published by reputable authorities and institutions, journals, articles published by industry experts and other gold and silver standard databases such as Bloomberg, Dunn & Bradstreet, Standard & Poor’s and Thomson Reuters, among others.
Primary Research
Our findings from secondary sources are then validated by exhaustive primary interviews either through online surveys or on the phone. Importantly, we conduct these interviews all across the world, either internally or through channel partners in various locations, to get critical local insights as well.
| Report Parameters | Details |
|---|---|
| Time Period Considered | |
| Historical Period | |
| Forecast Period | |
| Units considered | |
| Report Coverage | |
| COVID-19 | |
| Segments | |
| Regions included in the study | |
| Companies Profiled |