Global Food Grade Bentonite Market Growth 2023-2029
Bentonite is a clay mineral with montmorillonite as the main component. The clay has good cohesiveness, swelling, adsorption, plasticity, dispersibility, lubricity, and cation exchange. After being exchanged with other bases and lithium bases, it has quite strong suspensibility, and has excellent decolorization after acidification. Therefore, it can be made into various suspending agents, adsorbents, decolorizing agents, and purifying agents, which are widely used in the food industry.
LPI (LP Information)' newest research report, the “Food Grade Bentonite Industry Forecast” looks at past sales and reviews total world Food Grade Bentonite sales in 2022, providing a comprehensive analysis by region and market sector of projected Food Grade Bentonite sales for 2023 through 2029. With Food Grade Bentonite sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Food Grade Bentonite industry.
This Insight Report provides a comprehensive analysis of the global Food Grade Bentonite landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Food Grade Bentonite portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Food Grade Bentonite market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Food Grade Bentonite and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Food Grade Bentonite.
The global Food Grade Bentonite market size is projected to grow from US$ 67 million in 2022 to US$ 107.9 million in 2029; it is expected to grow at a CAGR of 107.9 from 2023 to 2029.
US is the largest producer of food grade bentonite. Key players in US include Minerals Technologies (Amcol) and Bentonite Performance Minerals LLC (BPM). Minerals Technologies (Amcol) is the largest manufacturer of Bentonite and the food grade bentonite in the world.In the food grade bentonite, this company has a share about nearly 30 % of global market. Other key players include Clariant, Bentonite Performance Minerals LLC (BPM), Bentonite Company LLC, Laviosa Minerals SpA, Wyo-Ben Inc, Xinjiang Nonmetallic Minerals Xiazijie Bentonite. China is also an important player, with several small companies in this industry. Chinese players hold a share about 10% of all food grade bentonite market.
Europe is the largest consumer of food grade bentonite, with a share about 35%, followed by Asia-Pacific and North America, with 33% 19 % share, respectively.
The key applications of food grade bentonite are wine and juice clarification agent, edible oil purification agent, food desiccant and other applications, Other areas include white vinegar, soy sauce, monosodium glutamate, etc. The share of food-grade bentonite as a wine and juice clarifier has a share over 60 percent in 2019.
This report presents a comprehensive overview, market shares, and growth opportunities of Food Grade Bentonite market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Sodium Bentonite
Calcium Bentonite
Segmentation by application
Wine and Juice
Edible Oil Purification
Food Desiccant
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Minerals Technologies
Bentonite Performance Minerals LLC (BPM)
Clariant
Wyo-Ben Inc
Bentonite Company LLC (Russia)
Laviosa Minerals Srl
G & W Mineral Resources
Hojun
Ningcheng Tianyu
Huawei Bentonite
China Jianping Cuican
Xinjiang Nonmetallic Minerals Xiazijie Bentonite
Key Questions Addressed in this Report
What is the 10-year outlook for the global Food Grade Bentonite market?
What factors are driving Food Grade Bentonite market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Food Grade Bentonite market opportunities vary by end market size?
How does Food Grade Bentonite break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook