What is the global market size of Food Stabilizers (Blends & Systems) Market?

Food Stabilizers (Blends & Systems) Market size was valued at USD 2.4 billion in 2021 and is poised to grow from USD 2.5 billion in 2022 to USD 3.4 billion by 2030, growing at a CAGR of 4.1% in the forecast period (2023-2030).

Global Food Stabilizers (Blends & Systems) Market Size, Share, Growth Analysis, By Type(Alginate, Agar), By Function(Texturizing, Stabilizing), By Application(Bakery, Confectionery) - Industry Forecast 2024-2031

Report ID: SQSG30C2003 | Region: Global | Published Date: February, 2024
Pages: 165 | Tables: 101 | Figures: 76

Global Food Stabilizers (Blends & Systems) Market Insights

Food Stabilizers (Blends & Systems) Market size was valued at USD 2.4 billion in 2019 and is poised to grow from USD 2.5 billion in 2023 to USD 3.4 billion by 2031, growing at a CAGR of 4.1% in the forecast period (2024-2031).

Food stabilizers are generally produced from natural raw materials that help maintain the food’s chemical state. Substances that regularly disperse more than two immiscible ingredients within food stabilize, retain, or intensify a foods existing color. The growing worldwide population, and growth of the middle-class in developing economies, and the growing threat of food supplies are driving manufacturers of food and beverages to focus on developing innovative solutions to solve the evolving problems. Blending and stabilizing ingredients have played an important role in the development of innovative food solutions by allowing manufacturers to create foodstuff that improves the nutritional profile of the product without hampering its texture or taste. The trend that has impacted the additives market is the growing popularity of natural food products that are driving demand for natural additives from natural sources. Another trend driving the market growth is the rising consumer demand for processed food and beverage products.

US Food Stabilizers (Blends & Systems) Market is poised to grow at a sustainable CAGR for the next forecast year.

Global Food Stabilizers (Blends & Systems) Market Report Snapshots

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The Global Food Stabilizers (Blends & Systems) Market is relatively fragmented, with a high level of competition. Few large players, like Archer Daniels Midland Company, BASF SE, and Cargill Inc., now control the market in terms of market share. These industry leaders are extending their customer base across several areas, and many corporations are creating strategic and collaborative initiatives with other start-up enterprises to enhance their market share and profitability. 'Cargill Inc.', 'DowDuPont', 'Palsgaard', 'E. I. du Pont de Nemours and Company', 'Kerry Group plc', 'Ingredion Incorporated', 'Tate & Lyle PLC', 'Ashland Global Holdings Inc.', 'Glanbia plc', 'CP Kelco', 'Archer Daniels Midland Company', 'BASF SE', 'Chr. Hansen Holding A/S', 'Advanced Food Systems Inc.', 'Nexira SAS', 'Hydrosol GmbH & Co. KG', 'Royal DSM N.V.', 'Givaudan SA', 'Jungbunzlauer Suisse AG', 'Naturex SA'

Food stabilizers are used in the bakery industry to extend the shelf life and retain moisture in cakes, bread, and other baked goods. The use of cellulose gum in frozen pie fillings prevents moisture loss and maintains fluffiness, which improves the texture of the meal and hence, increases the demand for the product.

Growing preference for specialized blends by bakery product manufacturers is driving demand for food stabilizers worldwide. The demand for healthy and natural ingredients in packaged food has influenced buying habits and is expected to drive the demand for food stabilizers globally.

The US is the largest market for food stabilizers (blends and systems) in North America, with a market value of USD 645.8 million and a 26.34% share of the global stabilizer industry. The world’s second-largest economy China is predicted to reach a market size of USD 399.70 million with a CAGR of 4.9% throughout the analysis period. Japan and Canada are predicted to grow by 2.8% and 3.3% respectively over the period being one of the major economies globally. Germany is predicted to grow at approximately 2.9% CAGR while the European market will reach a valuation of around USD 417 million by the year 2028.

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Global Food Stabilizers (Blends & Systems) Market Size, Share, Growth Analysis, By Type(Alginate, Agar), By Function(Texturizing, Stabilizing), By Application(Bakery, Confectionery) - Industry Forecast 2024-2031

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