Seattle, WA -- (SBWire) -- 09/24/2019 --Food stabilizer are additives that are either applied or sprayed to preserve the quality and consistency of the food. Cellulose, gelatin, starch, gaur gum, and carrageen are some of the common food stabilizers. Increasing disposable income, rapidly changing lifestyle and growing urbanization is expected to drive growth global food stabilizers market during the forecast period.

Increasing incidences of foodborne disease and growing awareness among populace about various advantages of food stabilizers against bacteria is expected to create lucrative environment for growth of global food stabilizers market during the forecast period. Moreover, growing working population coupled with increasing demand for processed and read-to-eat food in emerging economies such as China and India is expected to drive the global food stabilizers market growth.

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Furthermore, growing demand for bakery, frozen, processed, and confectionary food product is expected to drive growth of the global food stabilizers market. Growing health awareness and increasing number of diabetes patients are expected to drive the market growth.

Overdose of food stabilizers or above recommended use of these products can pose a serious threat. For instance, overdose of 'alginate' as a food viscosifier may have negative impact on pregnant women, which is expected to be one of the key challenge for food stabilizers industry. The stringent government regulations imposed by Food and Drug Administration of U.S. on April 01, 2016, has directed gaur gum as a natural substance which is obtained from maceration of the seed of the gaur plant are safe and can be used in specified limit, which in turn is propelling the growth of the food stabilizer market during 2017-2025.

The global food stabilizers market size is estimated at US$ 7.95 billion and is expected to expand at a CAGR of 6.59% in terms of revenue during 2017 – 2025.

Detailed Segmentation:

Global Food Stabilizer Market, By Food Categories:

Dairy Products
Confectionary
Meat and poultry
Sauces and Dressing
Bakery
Ready to eat Food
Others

Global Food Stabilizer Market, By Functionality:

Texture
Gelling Agent
Thickening Agent
Stability
Moisture Retention

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Growing of application of food stabilizers in dairy products is expected to drive growth of global food stabilizers market.

Dairy industry is one of the most lucrative sectors owing to a variety of products including milk, cheese, yoghurt, butter, ice cream, and more. These products are highly perishable, which is why food stabilizers are broadly used to maintain the quality of these products. On global scale, Asia Pacific holds dominant position in the global dairy market in terms of revenue, owing to growing demand for yoghurt, cheese, and functional dairy products. Increasing investment from key players in the dairy industry is expected to drive growth of global food stabilizers market. For instance, Gujarat Cooperative Milk Marketing Federation (GCMMF), known as 'Amul', has planned to invest US$ 733.6 million in India, to establish ten new processing plants by 2020 with capacity of 32 million liters per day. This is expected to increasing demand for food stabilizers and thereby growth of the market. Moreover, various food stabilizers such as ammonium alginate, potassium alginate, sodium alginate, and hydroxyl propyl methyl cellulose are used in dairy products to improve the products' texture, shelf life, protein stability, and water retention. Increasing demand for these stabilizers is expected to drive growth of global food stabilizers market.

Regional Insights

Asia Pacific, followed by Europe and North America accounts for major share in global food stabilizers market both in terms of value and volume in 2016. In 2016, Asia Pacific accounted for a market share of 29.68% in terms of value, followed by Europe 24.55% in terms of revenue. Ready to eat segment in Asia Pacific is dominating the market, due to rapid increase in disposable income of Asia Pacific and adoption of convenience food. Moreover, growing urbanization and increasing working population is propelling the growth of food stabilizers market. According to a stats provided by Coherent Market Insights, the global confectionary food market in Latin America is expected to be the fastest growing at a CAGR of 6.75% during 2017-2025 according to Coherent Market Insights analysis.

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Multinational players need to tap potential addressable market in the emerging regions with the help of geographical expansion

Major players in the global food stabilizers market include BASF SE, Cargill Inc., Celanese Corporation, Chr. Hansen A/S, DuPont, JEY'S F.I. INC, Kerry Group, Koninklijke DSM N.V., and The Archer Daniels Midland Company, among others.

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