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Global Food Stabilizer Market Research Report:
The latest report by IMARC, titled “ Food Stabilizer Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2 028
” " the global food stabilizer market size reached US$ 6.9 Billion in 2022.
Food stabilizer obtained from natural and synthetic sources, such as plants, animals, and seaweed, which are used on unblended food for maintaining or improving its texture, appearance, consistency, and shelf life. It comprises proteins, sweeteners, buffering salts, alginates, hydrocolloids, vitamins, minerals, and emulsifiers. It aids in retaining the shape, consistency, and color of the products, saving time, and maintaining the nutritional value of the food products and freshness.
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There is an increase in the use of food stabilizers in the preparation of various food products and beverages, including cheese, fruit juices, flavored water, bread, cakes, cookies, pastries, chocolates, candies, salads, sauces, soups, ice creams, jellies, jams, and yogurt. This, coupled with the flourishing food and beverage (F&B) industry, represents one of the major factors spurring the market growth around the world. Moreover, the increasing consumption of processed and ready-to-eat (RTE) food products on account of rapid urbanization and the expanding purchasing power of consumers is augmenting the growth of the market. In addition, the growing demand for dairy alternatives, including plant-based milk due to the rising adoption of veganism is influencing the market positively.
Apart from this, the increasing utilization of food stabilizers in the production of infant formula and baby food to improve their texture, consistency, and nutritional quality is favoring the growth of the market. Furthermore, key players are introducing natural and bio-based food stabilizers that have minimal impact on health and are considered environment. On account of the aforementioned factors, the market is anticipated to reach a value of US$ 9.1 Billion by 2028, exhibiting a CAGR of 4.1% during 2023-2028.
Looking forward, the market value is projected to reach a strong growth during the forecast period (2023-2028).
Market Summary:
Breakup by Source:
• Plant
• Seaweed
• Microbial
• Animal
• Synthetic
Breakup by Function:
• Texturizing
• Stabilizing
• Moisture Retention
• Others
Breakup by Application:
• Dairy and Dairy Products
• Confectionery Products
• Convenience Foods
• Bakery Products
• Meat and Poultry Products
• Beverages
• Sauces and Dressings
• Others
Breakup by Region:
• North America
• United States
• Canada
• Asia-Pacific
• China
• Japan
• India
• South Korea
• Australia
• Indonesia
• Others
• Europe
• Germany
• France
• United Kingdom
• Italy
• Spain
• Russia
• Others
• Latin America
• Brazil
• Mexico
• Others
• Middle East and Africa
Competitive Landscape with Key Players:
• Advanced Food Systems Inc
• Archer Daniels Midland Company
• Ashland Inc.
• Cargill Incorporated.
• Chemelco International B.V.
• Crest Foods Co. Inc.
• Glanbia plc
• Kerry Group plc
• Koninklijke DSM N.V.
• Nexira
• Palsgaard A/S
• Tate & Lyle PLC.
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