Global Beverage Stabilizer Market Size study & Forecast, by Product (Gum Arabic, Carboxymethyl Cellulose, Xanthan Gum, Carrageenan, Pectin, Others), by Application (Fruit Drinks, Dairy Beverage, Soft Drinks, Alcoholic Beverages, Others) and Regional Analysis, 2022-2029
Global Beverage Stabilizer Market is valued at approximately USD 1.5 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 7.28% over the forecast period 2022-2029. Stabilizers are food additives that maintain a beverage's color, taste, and texture. Beverage stabilizers are used in many fast-food restaurants to increase the shelf life and appearance of the product. The beverage stabilizers market is growing due to rising demand in the food and beverage industry, and the adoption of nutritious foods & functional beverages are the key factors responsible for the Beverage Stabilizer Market growth over the forecast period of 2022-2029.
The primary key factor anticipated to accelerate the growth of the Beverage Stabilizer Market is the higher demand for healthier, and natural food ingredients in the food and beverage industry, various product launches and other strategic alliances by market players will accelerate the market growth. For instance- In July 2019, DuPont announced the launch of naturally sourced stabilizers GRINDSTED® Gellan VEG 200. The new stabilizer would enhance the performance of plant-based and vegan beverages. Also, in December 2019, RPM International Inc. announced that its Mantrose-Haeuser Co., Inc. business had acquired Profile Food Ingredients, LLC, a manufacturer of stabilizer and emulsifier blends for the food industry. Moreover, the rising number of restaurant services and evolving of modern technologies in the beverage industry are anticipated to create a positive outlook for the market. However, stringent government regulation and volatile raw material prices stifle market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Beverage Stabilizer Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue owing to factors such as rising demand for beverage stabilizers, significant use of products in this region and high demand from various end-use industries such as food & beverages, pharmaceuticals, cosmetics, and others. Europe region is expected to score the highest CAGR due to the increased awareness, government funding for research and development and technological advancement.
Major market player included in this report are:
Archer Daniels Company
Ashland Global Holdings Inc.
Cargill Incorporated
CP Kelco U.S. Inc
Tate & Lyle PLC.
Ingredion Inc.
Kerry Group PLC
Palsgaard A/S
DuPont
Glanbia Nutritionals Germany GmbH
Recent Developments in the Market:
⮚ In May 2022, Glanbia acquired Sterling Technology, a US-based manufacturer of dairy bioactive solutions derived from bovine colostrum, for $60 million plus deferred consideration. Asia markets with a focus on pediatric and medical nutrition, dietary supplements, and sports nutrition. The acquisition will build on Glanbia Nutritionals’ offering in immunity solutions.
Global Beverage Stabilizer Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Product, Application, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product:
Gum Arabic
Carboxymethyl Cellulose
Xanthan Gum
Carrageenan
Pectin
Others
By Application:
Fruit Drinks
Dairy Beverage
Soft Drinks
Alcoholic Beverages
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Companies MentionedArcher Daniels Company
Ashland Global Holdings Inc.
Cargill Incorporated
CP Kelco U.S. Inc
Tate & Lyle PLC.
Ingredion Inc.
Kerry Group PLC
Palsgaard A/S
DuPont
Glanbia Nutritionals Germany GmbH
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