Food Stabilizer Market

The global food stabilizer market size is projected to expand at a CAGR of 4.8% during the forecast period, 2021-2028. The growth of the market is attributed to rising demand for convenience food products owing to benefits such as reduced preparation time and ease of handling, which benefit consumers in their busy lives.

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Food stabilizers improves the texture of finished food products in a considerable manner. Moreover, it positively impact the food packaging. Microorganisms, land and marine plants, and animal connective tissues are few of the natural raw materials that are used to make food stabilizers.

Fat-free dressings, low-fat mayonnaise, sauces, and processed meat products, among others require a wide range of functional ingredients to optimize stability, creaminess, shelf-life, viscosity, and water absorption. Thus, food stabilizers regulate moisture levels and improve food products shape, flow, stability, and texture. Food and beverage businesses profit financially from adopting food stabilizer blends and systems, which has led to a rise in demand across the globe.

Food safety regulations are governed by international bodies such as the National Food Safety and Quality Service (SENASA), the Canadian Food Inspection Agency (CFIA), the United States Food and Drug Administration (FDA), the World Health Organization (WHO), and the Committee on the Environment, Public Health, and Food Safety (EU). These organizations are in charge of the use of certain chemicals and materials. Regulatory approval of a food additive is crucial in the face of severe international requirements. The additive has no market or role in food without the authorization of the necessary government organizations. Getting regulatory approval for a novel ingredient has become time-consuming and expensive for manufacturers.

Market Trends, Drivers, Restraints, and Opportunities

• Increasing demand for processed food products is expected to fuel the market growth.
• Growing consumer demand for ready-to-eat meals is anticipated to drive the market growth
• High cost of raw material may hinder the market growth.
• Stringent regulations can hamper the growth of the market.
• Development of natural food stabilizer is anticipated to create immense opportunities for the market players.

Scope of the Report

The report on the global food stabilizer market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Food Stabilizers Market Segment Insights:

 Natural segment to exhibit a high CAGR

Based on types, the market is segregated into natural and synthetic. Natural additives are compounds that are taken from one food and used in another. Beet juice, for example, can be used to color other meals, such as desserts, because of its bright purple color. Although regulatory organizations allow the use of natural colorants in food due to their safe and harmless nature, synthetic dyes are strictly regulated in all food products due to their toxicity. Artificial colors must be approved by regulatory agencies before they may be consumed by humans.

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Dairy segment to account a large market share

On the basis of applications, the food stabilizer market is segregated into bakery/confectionery, dairy, meat/poultry, beverages, sauces & dressings, and others. The dairy segment accounted for a major market share, followed by the confectionary segment. Growing demand for dairy products that have longer shelf life, taste better, and are free of hazardous microorganisms is fostering the growth of the market segment.

 Europe is projected to hold a significant market share

In terms of regions, the market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. Europe to account for a significant market share in the projected timeline. Increasing support from European food safety authorities and other government agencies for the approval of safe food additives and stabilizers, as well as increased demand for food stabilizers in various applications such as confectionery products and convenience foods are the some of the key drivers of the growth of the market in the region. On the other hand, the market in North America is anticipated to exhibit a robust CAGR during the forecast period due to rising number of food manufacturing facilities and growing demand for convenience foods.

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Segments

Segments Covered in the Report

The global food stabilizer market is segmented on the basis of

Types

• Natural
• Synthetic

End-users

• Bakery/Confectionery
• Dairy
• Meat/Poultry
• Beverages
• Sauces & Dressings
• Others

Regions

• Asia Pacific
• North America
• Latin America
• Europe
• Middle East & Africa

Key Players

• Cargill, Incorporated
• Tate and Lyle PLC
• Archer Daniels Midland Company
• Ashland Inc
• Kerry Group plc

Competitive Landscape

The major players in the food stabilizer market include Cargill, Incorporated, Tate and Lyle PLC, Archer Daniels Midland Company, Ashland Inc, and Kerry Group plc.
Companies are engaging in mergers, acquisitions and partnerships to expand their market share. Kerry opened a production unit in Moscow, Russia, in September 2018.
In November 2017, DowDuPontTM purchased FMC Corporation's Health & Nutrition business (FMC H&N)  with the exception of the Omega-3 business unit. The company's specialty ingredient business was strengthened as a result of this acquisition.