I\'m looking for suggestions for an efficient algorithm for finding all matches in a large body of text. Terms to search for will be contained in a list and can have 1000+ p
As in the case of single patterns, there are several algorithms for multiple-pattern matching, and you will have to find the one that fits your purpose best. The paper A fast algorithm for multi-pattern searching (archived copy) does a review of most of them, including Aho-Corasick (which is kind of the multi-pattern version of the Knuth-Morris-Pratt algorithm, with linear complexity) and Commentz-Walter (a combination of Boyer-Moore and Aho-Corasick), and introduces a new one, which uses ideas from Boyer-Moore for the task of matching multiple patterns.
An alternative, hash-based algorithm not mentioned in that paper, is the Rabin-Karp algorithm, which has a worst-case complexity bigger than other algorithms, but compensates it by reducing the linear factor via hashing. Which one is better depends ultimately on your use case. You may need to implement several of them and compare them in your application if you want to choose the fastest one.