Food Stabilizers Market, By Food Categories (Dairy Products, Confectionary, Meat and poultry, Sauces and Dressing, Bakery, Ready- to- eat Food, Others), By Functionality (Texture, Gelling Agent, Thickening Agent, Stability, Moisture Retention), By Region (North America, Latin America, Europe, Middle East, Africa, Asia Pacific)- Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030
Food stabilizer are additive materials that are applied or sprayed in food to preserve its texture. It is used to protect oil from separating in foods which includes salad dressing, preventing frozen food from forming ice crystals, and settling of fruits in jam, jelly, and yoghurt among others. Gelatin, gaur gum, starch, xanthan gum, cellulose, agar, alginate, and carrageen are among the most widely used food stabilizers. Growing demand for convenience and organic food in North America and Europe is expected to fuel the market of food stabilizers. Moreover, increasing awareness of food- borne diseases and health consciousness in Europe and North America is expected to boost the market growth. Changing lifestyles in Asia Pacific, and rapid adoption of western culture fuels demand for convenience food in the region.
Burgeoning growth of the food industry across the globe is driving growth of the global food stabilizer market. For instance, according to Indian Brand Equity Foundation (IBEF), a trust established by the Department of Commerce, Ministry of Commerce and Industry, Government of India, the Indian food industry is growing at a CAGR of 11%. Moreover, the food stabilizer provides various competitive advantages to the food industry such as maintaining the quality, and increasing the life span of a particular food. Increasing disposable income, growing urbanization, hectic lifestyle, and women workforce tends to incline towards convenience food. For instance, in 2019 The U.S. Department of Labor conducted a study that reported 127.1 million women are working in U.S.
Market Dynamics
Growing demand for food stabilizers from confectionary and dairy industry is expected to be a key factor that will drive growth of the global market. In order to increase self-life of food, enhance water holding capacity, protein stability, and various stabilizers and emulsifiers such as ammonium alginate and potassium alginate are used. Increasing demand for convenience food, growing public awareness against food-borne diseases, and the combat of food stabilizers against the bacteria is expected to propel growth of the food stabilizer market during 2023-2030. Moreover, the Indian food processing industry is one of the largest industries in India and contributes 14% to India’s GDP in 2022. For instance, in Union Budget 2023-2030.
Asia Pacific and Europe are the largest markets for food stabilizer due to increasing demand for convenience and organic food. The market in Asia Pacific is expected to expand at a CAGR of 6.54% during 2023-2030, as per Coherent Market Insights analysis. Growing economy, increasing urbanization, and disposable income, China, India, Japan, and Brazil is projected to provide major growth to global food stabilizers market during the forecast period.
Market Taxonomy
This report segments the global food stabilizer market on the basis of food categories, functionality, and region. On the basis of food categories, the market is segmented as dairy products, confectionary, meat and poultry, sauces & dressing, bakery, ready- to- eat food, and others. On the basis of functionality, the global food stabilizer market is segmented as texture, stability, and moisture retention. The texture is further sub-segmented into gelling agent and thickening agent.
Key features of the study:
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