Albany, NY -- (SBWIRE) -- 04/27/2016 -- Food stabilizers can be described as additives that help maintain food stability in terms of volume and texture. Such additives also prevent decomposition of food products that happens due to microbial growth and chemical reactions, thereby increasing the shelf life of food products.Recent estimates expect the global food stabilizer market to grow at a CAGR of 4.0% from 2015 to 2021. Increasing from US$7.04 billion in 2014 the market will be valued at US$9.26 billion by 2021.

Rising Awareness for Organic Foods to Aid Global Food Stabilizer Market

The main factor driving growth of the global food stabilizer market is increasing demand for convenience food among consumers. Worldwide, busy lifestyles and a shift in eating habits are driving demand for convenience foods, hence leading to growth of the food stabilizer market. Furthermore, surging demand for organic food items due to health risks associated with the use of chemical-fertilizer-cultivated foods is driving demand for food stabilizer for organic foods. Food stabilizers are added for longer shelf life and prevent spoilage of these foods.Despite several factors that are driving demand for food stabilizers, side effects associated with the additives challenge this market. For example: Gelatin is associated with allergic reactions, algin which is added to increase viscosity causes adverse effects in pregnant women. Excessive consumption of guar gum can cause gastritis and other complications.

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Additionally, stringent regulations in place from governments across the world restrain the growth of the market. Food agencies such as FDA have set standards to gauge safety of food stabilizers for their intended use. In spite of the challenges, the food stabilizer market will have positive growth in coming years.Globally, the food stabilizer market is segmented on three fronts – application, function, and geography. Bakery, dairy products, convenience foods, confectionary, beverages, and others are the sub-segments into which the application segment of the market is divided into.

Dairy Product Segment to Account for Highest Food Stabilizer Demand in Future

Among all the applications, the dairy product segment registered the highest market share in 2014. Due to increased health awareness, the demand for dairy products is rising, which in turn is driving demand for food stabilizers. For such reasons, the segment is expected to grow at 1.1% CAGR from 2015-2021.

Geography-wise, Europe enjoys the largest share accounting 40% of the market in 2014 due to high penetration of food stabilizers in the market here. The region is expected to have stable growth in the near future. North America follows Europe in terms of market share in the overall food stabilizers market. Increasing working population and growing heath consciousness is boosting demand for ready-to-eat dairy products which in turn is fueling the food stabilizer market.

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Developing countries such as China and India are high potential spaces for food stabilizers and will contribute significantly to this market in coming years. In emerging economies, surging demand for packaged and convenience foods, higher income levels, and increasing awareness for organic foods are the major factors propelling demand for food stabilizers in the region.Cargill Inc., Aishland Inc., E.I. Dupont De Nemours & Company, Advanced Food System Inc., and Glanbia Nutritionals among others are major players in the global food stabilizer market.

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