Food Stabilizer Market - Global Market Share, Trends, Analysis and Forecast 2023 - 2032
The global food stabilizer market was valued at US$ 2.61 billion in 2020 and is expected to grow at a CAGR of 3.7% through 2032.
A food stabilizer is an ingredient added to a food product to preserve its structure, enhance its original taste and also maintain its overall quality. It is also used to maintain the freshness, texture, and stability of the food product. It is added to preserve both the physical and chemical characteristics of food products. Food stabilizers add the practical purpose of preserving the food and at the same time help in serving as an appetizer. They are sourced either naturally or synthetically. The main function of a stabilizer is to add a thickening agent and to gel the food to maintain consistency.
Market driving factors
The Food stabilizer market is expected to gain significant growth in the forecast period from 2022 to 2032. The growing consumer awareness regarding healthy food is driving the need for the food stabilizer market. The rise in consumption of processed and convenience food is also one of the top factors for the increase in the demand for food stabilizer products. Another point to note is that food stabilizers offer a wide range of multi-functionality across a wide range of products. They also provide the required moisture and enhance mouthfeel quality in the food products.
Industry Trends
The market for food stabilizers is growing due to the rising population and the global economic development. There is a growth potential for food stabilizers across categories as bakery, meat, beverages, convenience food, and so on. Today’s modern consumer in the developed and developing economies is characterized by the changing lifestyles, along with higher disposable incomes. This in turn drives the market demand for food stabilizers.
Another point to note is that food stabilizers make up a minute part of the final food product but their impact is manifold. Various products such as fat-free dressing, sauces, processed foods, along with meat products require a wide range of functional ingredients to provide optimization in terms of stability, water absorption, and others.
Global Food Stabilizer Market- Share Analysis, by Geography (2021)
The report titled “Global Food Stabilizer Market- Global Market Share, Trends, Analysis and Forecasts, 2022-2032” offers market estimates for a period 2022 to 2032, wherein 2020 is historic period, 2021 is the base year, and 2022 to 2032 is forecast period. Additionally, the study takes into consideration the competitive landscape, wherein the report would provide company overview and market outlook for leading players in the Global Food Stabilizer Market. Furthermore, the report would reflect the key developments, global & regional sales network, business strategies, research & development activities, employee strength, and key executive, for all the major players operating in the market.
Product Analysis
Alginate used as a stabilizer of nanosuspension and used as a stabilizing ability in liquid or solid state. Agar is used for thickening of the food without adding any thickness. Gelatin is used to provide a smooth texture, uniformity and for blending of the product. Guar Gum is used as a thickening agent and stabilizer and is also beneficial for diabetes and bowel problems. Cellulose most common food stabilizer used for stabilizing the maximum food products.
Geographically, Europe is the largest market in terms of customized blends and confectionery food stabilizers. Asia-Pacific is the upcoming market, the reason being the rise in disposable incomes and the demand for processed food with a growing and robust industrial base. The market is driven by the change in consumer preferences across several developing countries such as Japan, China, and Australia. It is also growing rapidly due to demand for convenience food in this region.
The report on the food stabilizers market makes a comprehensive analysis of the key market trends significant for the growth of the market, driving factors, and the geographical distribution of the market.
The Top Industry players include Archer Daniels Midland company, Ashland, BASF SE, Cp Kelco, Nexia among others.
Market Segmentation
By Product Type
- Alginate
- Agar
- Gelatin
- Guar Gum
- Cellulose
- Others
By Application
- Baking and Confectionery
- Dairy Products
- Meat and Poultry
- Beverages
- Sauces
- Others
By Geography
- North America
- United States
- Canada
- Rest of North America
- Europe
- Germany
- United Kingdom
- Italy
- France
- Spain
- Rest of Europe
- Asia Pacific
- Japan
- India
- China
- Australia
- Rest of Asia Pacific
- Middle East & Africa
- UAE
- Saudi Arabia
- South Africa
- Rest of the Middle East & Africa
- South America
- Brazil
- Rest of South America