The North America food stabilizers market size is projected to register a considerable CAGR of 4.3% during the forecast period, 2021-2028. The growth of market is attributed to increasing demand for natural and healthy food ingredients.
Food stabilizers help consumers provide the healthy food particularly organic food. Food stabilizers are additions or components that are created either naturally by plants, animals, or bacteria or synthetically. These additives are used to extend the life of products and packaged foods, and they aid in the preservation of the ingredients and the final product.
The Covid-19 pandemic affected the demand and supply of North America food stabilizers market. Lockdown across the globe, supply chain disorders, and oscillating supply of raw materials forced manufacturers to shut down production leading to unfortunate decline in market growth. Launch of vaccines to combat the Covid-19 pandemic is expected to contribute to the market growth over the forecast period.
The report on the North America food stabilizers market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes |
Details |
Report Title |
Food Stabilizers Market - North America Industry Analysis, Growth, Share, Size, Trends, and Forecast |
Base Year |
2020 |
Historic Data |
2018–2019 |
Forecast Period |
2021–2028 |
Segmentation |
Sources (Natural and Synthetic), Applications (Bakery & Confectionery, Dairy, Meat & Poultry, Beverages, Sauces & Dressings, and Others) |
Geographical Scope |
The United States, Canada, Mexico, and rest of North America |
Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
Key Players Covered in the Report |
Tate & Lyle PLC.; Cargilla, Incorporated.; Archer Daniels Midland Company.; Ashland Inc.; Kerry Group |
Based on sources, the North America food stabilizers market is bifurcated into natural and synthetic. The natural segment is expected to grow at a rapid pace during the forecast period. Natural source is most demanding in today’s era because everyone prefer healthy life style along with minimal adverse effect.
Based on applications, the North America food stabilizers market is divided in bakery & confectionery, dairy & dairy products, meat & poultry, beverages, sauces & dressings, and others. The dairy & dairy products segment is projected to expand at a high CAGR during the forecast period due to increasing demand from consumers. Food stabilizers are being used more frequently in dairy products including ice cream and frozen desserts, as well as flavored milk. Stabilizers like guar gum and carrageenans are commonly utilized in dairy applications, and with rising developments in the dairy product, these ingredients are becoming popular.
In terms of geography, the North America food stabilizers market is classified as United States, Canada, Mexico, and Rest of North America. North America is expected to constitute a key share of the market during the projected period owing to high demand of food stabilizers for healthy diet.
The North America food stabilizers market has been segmented on the basis of
Sources
Applications
Geography
Key Players
Key players competing in the North America food stabilizers market include Tate & Lyle PLC.; Cargilla, Incorporated.; Archer Daniels Midland Company.; Ashland Inc.; Kerry Group.
Some of these players are using several market strategies such as acquisitions, merger, collaborations, partnerships, capacity expansion, and product launches to enhance their market shares and to generate revenue and raise their production line of the business in the coming years.
The North America food stabilizers market has been segmented on the basis of
Sources
Applications
Geography
Key Players
Key players competing in the North America food stabilizers market include Tate & Lyle PLC.; Cargilla, Incorporated.; Archer Daniels Midland Company.; Ashland Inc.; Kerry Group.
Some of these players are using several market strategies such as acquisitions, merger, collaborations, partnerships, capacity expansion, and product launches to enhance their market shares and to generate revenue and raise their production line of the business in the coming years.
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