Food Stabilizer Market

Guar Gum is the largest segment driving the growth of Food Stabilizer Market

by

The global Food Stabilizer Market is estimated to be valued at US$ 5801.12 Bn or Mn in 2023 and is expected to exhibit a CAGR of 6.9% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market Overview:

Food stabilizers are used extensively in food products to maintain stability, freshness, and quality during processing, transportation, and storage. They prevent crystallization of sugars, control acidity, viscosity and other physic-chemical characteristics in food products.

Market key trends:

One of the key trends in the food stabilizer market is the growing demand for clean label and natural products. Consumers are increasingly preferring food products with simple and easy-to-understand ingredient lists, without artificial additives. This has increased the demand for natural food stabilizers such as gelatin, pectin, agar, and carrageenan. Manufacturers are investing in research and development to develop innovative clean label and natural food stabilizers from plant and fruit sources to meet consumer expectations.

Market key trends:

The food stabilizer market has been witnessing increasing demand for clean label and natural stabilizers. Consumers are preferring food products with easy-to-understand labels and without artificial ingredients. Hence, manufacturers are focusing on developing clean label and natural stabilizers obtained from plants and fruits to stabilize various food products like dairy, confectionery, beverages etc. For example, carrageenan extracted from seaweed is being used as an alternative to gelatin to stabilize dairy products and fruit-based beverages.

SWOT Analysis

Strength: Wide applications in various food products like dairy, confectionery, beverages etc. allows market to grow.
Weakness: Stricter regulations regarding use of certain chemical stabilizers.
Opportunity: Rising demand for clean label and natural stabilizers provides opportunities for alternative natural sources.
Threats: Price fluctuation of raw materials used for stabilizer production can increase product cost.

Key Takeaways

The Global Food Stabilizer Market Size is expected to witness high growth, exhibiting CAGR of 6.9% over the forecast period, due to increasing health consciousness. The market size for 2023 is US$ 5801.12 billion. North America dominates the market currently due to high consumption of packaged and convenience food. Key players operating in the food stabilizer market are 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.

Regional analysis:

North America currently dominates the global food stabilizer market owing to changing food consumption patterns and high demand for packaged food products in countries like U.S. and Canada. Europe is the second largest market followed by Asia Pacific. The Asia Pacific market is expected to witness fastest growth over the forecast period owing to growing population, rising disposable income, and increasing demand for food stabilizers from China, India and other developing countries in the region.

Key players:

Key players operating in the food stabilizer market are 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. BASF SE provides food stabilizers under the brand name E versa while DuPont and Cargill Inc. provides food stabilizers under the brand name Keltrol and Tru Texture respectively.

 

*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it