Food Stabilizer Market to exceed USD 10,100 million by 2023, and to grow at 4.1% CAGR from 2017 to 2023, According to report published by Allied Market Research. Food stabilizers market growth is propelled by increased demand for food stabilizers in a wide range of applications such as bakery, confectionary, dairy product, beverage, meat & poultry product, sauce & dressing, and convenience food.
Food stabilizers are used in a wide range of food products in minimal quantities to ensure that they do not affect the nutritional properties of the food. However, limitations on the usage of certain stabilizer blends, stringent government regulations on usage & quantity, and consumer preference for fresh food hamper the market growth.
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Food stabilizers are food additives that are added to food products to maintain color, shape, texture, consistency, and stability. It maintains the physio-chemical properties of food product to ensure homogeneous dispersion. Pectin, carrageenan, gelatin, agar-agar, starch, guar gum, and calcium chloride are the commonly used food stabilizers, which are used in various applications such as salad dressing, frozen dessert, confection, beverage product, pudding, jam, and others. Food stabilizers play a vital role in viscosity management, prevention of liquid/solid separation, enhancement of flavor & mouth feel, protection against protein destabilization, and provision of desirable eating qualities.
Food stabilizer market, gelatin is the leading type segment, as it exhibits unique gelling properties, which are capable of affecting the mobility of water. Gelatin is a polysaccharide protein, which produces diverse textures in food. It is used in various dairy products, such as butter milk, cottage cheese, cream cheese, sour cream, and yogurt, which functions as texture enhancement, stabilization, and fat & protein replacement.
The bakery application segment dominated the global food stabilizer market, with around one-fifth of the total market share in 2016. In bakery application, stabilizers are used for icing formulations to prepare bakery jellies, baked products, and as a texturizer & bulking agent in powdered bakery mixes.
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In 2016, Europe dominated the global food stabilizer market, owing to the support of European Food Safety Authority and other government agencies for the approval of safe food additives & stabilizers. Furthermore, in terms of value, Asia-Pacific is projected to witness the highest CAGR of 4.8%, followed by North America, which is expected to register a CAGR of 4.2%.
The key companies profiled in the food stabilizer market include Glanbia Nutritionals, E. I. DuPont de Nemours and Company, Kerry Inc., Cargill, Inc., Ashland Inc., Associated British Foods Plc., Koninklijke DSM N.V., Chemelco International B.V., Archer Daniels Midland Company, and Advanced food systems.
Key offerings of the report:
· Key drivers & Opportunities: Detailed analysis on driving factors and opportunities in different segments for strategizing.
· Current trends & forecasts: Comprehensive analysis on latest trends, development, and forecasts for next few years to take next steps.
· Segmental analysis: Each segment analysis and driving factors along with revenue forecasts and growth rate analysis.
· Regional Analysis: Thorough analysis of each region help market players devise expansion strategies and take a leap.
· Competitive Landscape: Extensive insights on each of the leading market players for outlining competitive scenario and take steps accordingly.
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Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.