Food stabilizers are chemicals that provide viscosity to the food. These stabilizers play a vital role in the food and beverage industry, which in turn, is expected to strengthen the food stabilizers market size during the forecast period. Some of the most commonly used food stabilizers are agar, ammonium carrageenan, alginate, calcium gluconate, oat gum, furcelleran, sodium aluminium phosphate, and potassium alginate. These chemicals have several functional benefits and have the ability to extend the shelf-life of food products. Food stabilizers are used to prepare different types of food products and have the ability to hold flavouring compounds. All these applications are expected to drive the food stabilizers market growth during the forecast period.
List of prominent companies that are operating in the global Food Stabilizers Market are:
- Archer Daniels Midland Company
- BASF SE
- Tate & Lyle Plc.
- Cargill Inc.
- CP Kelco
- Ashland Inc.
- Ingredion Incorporated
- Koninklijke DSM N.V.
- Glanbia Nutritionals and E.I
- Associated British Foods Plc.
Fortune Business Insights offers a detailed overview of the global market in a report, titled “Industrial Wax Market Size, Share & Industry Analysis, By Type (Fossil based Wax, Synthetic based wax, Bio-based wax), By Application (Candles, Packaging, Coatings & Polishing, Tire & Rubber, Food, Cosmetics, Adhesives, Others) and Regional Forecast, 2019-2026.” The report offers a comprehensive overview of the market by furnishing significant information on the food and beverage industry. Furthermore, the study explicitly highlights factors responsible for driving the market.
It further highlights the present and future scenario of the market, thereby helping clients to make business decisions. Also, the report offers a detailed competitive landscape of the market by focussing on key growth strategies, product offerings, and other specific industry developments. The information has been gathered from primary and secondary sources and covers all the important aspects of the global market.
Rising Demand for Naturally-made Food Products to Give Impetus
Rising demand for convenience foods across the world is one of the primary factors responsible for driving the food stabilizers market. Increasing focus on enhancing the appearance and quality of food products will give significant impetus to the market. Naturally sourced food is one of the hottest food stabilizers market trend and the demand for these products is increasing at a rapid rate. Companies are also planning to tout this trend owing to the low environmental impact of these food products. Some of the most widely available food stabilizers are agar-agar, alginic acid, and pectin.
These chemicals have the ability to enhance the texture of food, which in turn, stokes their demand across the globe. Increasing demand for specialized and customized blends from food manufacturers is helping the market to gain traction. Several international companies are planning to develop advanced food stabilizers to maintain their foothold in the market. Such factors are expected to create numerous growth opportunities for the market over the projected horizon.
The report highlights ongoing food stabilizers market trends focussing on different functions including texturing, stabilizing, moisture retention, and others. Manufacturers prefer food texturing agents and this segment was leading in the year 2017. Some of the know food texturing agents include alginate, starch-based gelling agents, cellulose gum, and pectin. As per application, bakery and confectionery is expected to register a substantial CAGR during the forecast years. The growth is attributable to the expansion of bakery industry in developed and developing countries. Rising demand for organic and conventional products is anticipated to boost the segment’s growth.
Major Segments includes:
- Moisture Retention
- Bakery & Confectionery
- Dairy Products
- Meat & Poultry Products
- Sauces & Dressings
- Snack Products
Market in Europe to Emerge Dominant, Presence of Recognized Food Processing Industry to Aid in Expansion
From a geographical standpoint, the market in Europe is expected to hold the major portion of the global food stabilizers market share. Presence of a well-known food processing industry is the main factor driving the market in this region. The demand for high-quality food products in this region is comparatively higher than other regions. Following Europe, the market in North America is expected to rise at a considerable rate during the forecast period. Presence of key players in developed countries of North America and Europe is anticipated to push the market in these regions.
The market in Asia Pacific is likely to exhibit noticeable growth through the forecast years. Rising adoption of food stabilizers, coupled with the rising awareness about these chemicals, is expected to create growth opportunities for the market in this region. Rising population in countries such as India and China is expected to propel the demand for food and beverage products. Lastly, consumers are increasingly spending on high-quality food products, which is another factor responsible for positively impacting the market in this region.
Some of the recent industry developments made by companies are mentioned below:
October 2018: CP Kelco launched a texturing agent called GENU Explorer Pectin ND-200. This agent is used in desserts which include panna cotta, cream desserts, and others.
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