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According to the European Union law, food product manufacturers must provide information about any food additives, such as antioxidants, sweeteners, stabilizers, emulsifiers, and others used in the food they have produced. As food stabilizers are a crucial part of the food and beverage industry, transparency in the type and amount of food stabilizers used in food products are expected to strengthen their market growth during the foreseeable years. Agar, alginate, ammonium carrageenan, calcium gluconate, furcelleran, oat gum, potassium alginate, sodium aluminium phosphate, and others are some of the commonly permitted food stabilizers used by the food & beverage industry.
Key companies operating in the global food stabilizers market are focusing on the launch of innovative food stabilizers and emulsifiers that are versatile and hence can be used in the preparation of multiple food products. These companies are further centering on increasing their customer-base by formulating specialized blends. CP Kelco, Kerry Group Plc., Cargill, and Archer Daniels Midland Company are some of the key companies operating in the global food stabilizers market.
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Food stabilizers are food additives that are used to smoothen the food texture along with giving them a definite body. The food stabilizers allow the food ingredients that suffer to mix well with other ingredients, remain in a homogenous state. Food stabilizers are capable of holding flavoring compounds in dispersion, hence their application is broad and is used in the preparation of a number of food products.
The food stabilizers market is projected to grow at a significant pace during the forecast years, attributed by increasing demand for convenience food products, across the globe. The demand for food products made up from naturally sourced raw material is increasing significantly owing to their low environmental impact which is expected to contribute to the growth of global food stabilizers market. Availability of a wide range of food stabilizers in the market such as alginic acid, pectin, agar-agar, and others, coupled with their efficacy to enhance the overall texture of the food and making them more desirable is further boosting the market growth of food stabilizers.
Increasing demand for customized blends and specialized blends by food manufacturers is expected to enhance the market growth during the upcoming years. Furthermore, active participation of international market players in developing advanced food stabilizers that can be used for multiple applications and is of high-quality is anticipated to fuel the growth of global food stabilizers market. However, increasing inclination of consumers based in developed economies towards fresh food, coupled with negative health impacts caused due to the use of an unregulated or high amount of food stabilizers in food products are some of the restraining factors for the growth of global food stabilizers market.
Some of the major companies that are present in the global food stabilizers market are Archer Daniels Midland Company, BASF SE, Tate & Lyle Plc., Cargill Inc., CP Kelco, Ashland Inc., Ingredion Incorporated, DowDuPont, Koninklijke DSM N.V., Glanbia Nutritionals and E.I, and Associated British Foods Plc.
The demand for food texturizing agents is high among food manufacturers, hence the segment dominated in the year 2017. Food stabilizers are widely used in food products to enhance their texture and provide them desirable viscosity, thickness, pulpiness, creaminess, and various other characteristics required by particular products. Various texturizing agents, such as pectin, cellulose gum, starch-based gelling agents, alginate, and others are highly preferred by food manufacturers to bring a desirable texture in food items. The demand for food stabilizers in stabilizing the food products is projected to grow at a rapid pace during the forecast years, due to the availability of the different type of advanced food stabilizers along with their growing uses.
The application of food stabilizers in bakery & confectionery segment is anticipated to grow at an impressive CAGR during the forecast years, owing to the growing bakery industry across developed as well as developing economies. Growth in demand for conventional as well as organic confectionery products is further anticipated to boost the demand for food stabilizers, which will ultimately aid the growth of global food stabilizers market in the forthcoming years. The demand for food stabilizers in meat & poultry products is anticipated to grow at a considerable pace as they are highly perishable in nature, and hence with the use of stabilizers they can be kept safe for longer.
Europe is anticipated to hold the major market share in the global food stabilizers market, followed by North America during the forecast years. The reason for the dominance of Europe can be attributed to well-established processed food industry across the region where the demand for high-quality food ingredients is comparatively higher. Presence of significant market players in developed economies of Europe and North America, coupled with increasing efforts by the market players to develop high quality and advanced food stabilizers that can be used for multiple food applications are projected to further fuel the market growth during the foreseeable years.
The market in Asia Pacific is anticipated to witness significant growth during the forecast years, due to rising awareness and adoption of food stabilizers by the growing food and beverage processing industry. Rising population in countries such as China, India, and others which in turn is propelling the food & beverage demand, coupled with increasing spending of customers on high-quality food products are projected to further escalate the Asia Pacific food stabilizers market during the foreseeable years.
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