Food Stabilizers Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 4.80 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Food Stabilizers Market Analysis
The food stabilizer market is projected to record a CAGR of 4.8% over the forecast period.
The food stabilizer market is driven by the increasing demand for convenience food and the rising influence of Westernized food consumption patterns, along with a growing preference for specialized and customized blends by food and beverage processing, propelling the application of food stabilizers in the market. Stabilizers can be used to impart an oily mouthfeel and increase viscosity. The emergence of oil-less salad dressing among health-conscious consumers propels the stabilizer market. The increasing demand for quick-service restaurants worldwide is driving the food stabilizer market due to the ever-increasing demand for different cuisines from various parts of the world. Consumers in developing countries have changed lifestyles and more disposable income, fueling the market for processed food products.
Stabilizers, such as alginates and carrageenan, have also been in high demand for their source for vegan consumers. The recommendation of low-fat, whole plant-based diets for maintaining optimal health conditions and reversing certain diseases, such as cancer, diabetes, and heart diseases, garnered attention from consumers globally. It showed excellent functions in applying the delivery system, making them an ideal choice for protecting nutrients and active ingredients in food products. Several organizations like the Food and Drug Administration (FDA) and the World Health Organization (WHO) are constantly involved in the introduction of the General Standard for Food Additives (GSFA) to establish common safety standards, thus increasing the trading of ingredients among different countries across the world.
Food Stabilizers Market Trends
Increased Demand for Processed Food
With changing lifestyles, consumers prefer more healthy foods than those with a high percentage of oil and fats. The demand for prepared and convenient food products such as baked goods, breakfast cereals, cheese, meat, and other beverages has increased due to the benefits of convenience food, such as lesser preparation time and easy handling. According to USDA Foreign Agricultural Service, in 2021, the sales volume of savory snacks in the Indian packaged food market amounted to about 1.4 million metric tons. Food stabilizers make up a tiny part of the final product, but they significantly impact the final packaged product. For instance, products ranging from fat-free dressing, low-fat mayonnaise, sauces, processed meat products, etc., require various functional ingredients to optimize stability, creaminess, shelf-life, viscosity, and water absorption.
Gelatin has gelling and thickening jelly-like properties, making it an ideal hydrocolloid gummy candy. Gummy candy is trendy among children due to its attractive shapes and colors. As per the National Confectioners Association, in the United States, the gums and mints category of the confectionery market was valued at over USD 3.1 billion in 2021. It witnesses strong growth due to its high popularity among children. Thus, the expanding demand for gummies globally is expected to augment the growth of food stabilizers over the forecast period. The growing prevalence of gelatin ingredients in exotic delicacies like aspic and desserts helps the market gain significant traction worldwide. The versatility of food stabilizers in various food and beverage products may propel the market's growth.
Europe Holds a Prominent Share in the Market
Food stabilizers play a significant role in providing better aroma, color, and texture. Growing preference for specialized and customized blends by confectionery and bakery product manufacturers is driving demand for food stabilizers in the region. The demand for natural ingredients in packaged food has influenced ingredient buying behavior, which is expected to drive the demand for natural stabilizers in the region. According to the Office for National Statistics (UK), in 2021, an average of 349 grams of processed fruit and fruit products was consumed per person per week. Eventually, the key players in the market focus on expansion and product development to gain market share in the food stabilizer market.
The consumers in the region are attracted to bakery products. Food stabilizers are mainly used in the food industry due to their thickening and stabilizing properties. They also improve the texture, consistency, flavor, shelf life, and appearance of food products. Increasing disposable income and changing lifestyles fuel the market's growth. According to the Office for National Statistics (UK), in 2021, the annual average of the Consumer Price Index (CPI) of food in the United Kingdom was 103.8. Stabilizers also prevent foods from separating and allow them to flow smoothly out of their containers. Food stabilizers are commonly employed in the formulations of bakery products, fruit juices, soups, ice cream, sauces, gravies, and gluten-free products.
Food Stabilizers Industry Overview
The food stabilizer market is highly competitive due to the presence of domestic and international players in this sector. The major players in the industry are Cargill Incorporated, Tate & Lyle PLC, Kerry Group PLC, DuPont de Nemours Inc., and BASF SE. Key players focus on product development and innovation to meet the consumer's needs by offering a variety of tastes and product quality to maintain premiumization. Some major players use mergers and acquisitions as their key strategy to sustain and secure a leading position in the industry and maintain dominance over other players.
Food Stabilizers Market Leaders
Cargill, Incorporated
Tate & Lyle PLC
Kerry Group plc
BASF SE
DuPont de Nemours, Inc.
*Disclaimer: Major Players sorted in no particular order
Food Stabilizers Market News
- In November 2021, Herbstreith & Fox Corporate Group introduced high-quality citrus and apple pectin for use in various applications across Europe. The company claims that pectin is used as a gelling ingredient in vegan confectionary products, OTC gummies, enhanced gummies made with plant extracts, and soft, chewy gummies with minimal or no sugar.
- In February 2021, DuPont's Nutrition & Biosciences Business merged with IFF (International Flavor and Fragrance), an expert in food and biosciences. According to the company, the merger enabled IFF's expertise in food flavors and fragrances and helped DuPont achieve a leading position in taste, texture, nutrition, enzymes, cultures, soy proteins and probiotics, enzymes, and food protection.
- In January 2021, Nitta Gelatin India launched food-grade gelatin in the HoReCa category for various applications, including desserts, jellies, frozen sweets, soft candies, and marshmallows.
Food Stabilizers Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Drivers
4.2 Market Restraints
4.3 Porter's Five Forces Analysis
4.3.1 Threat of New Entrants
4.3.2 Bargaining Power of Buyers/Consumers
4.3.3 Bargaining Power of Suppliers
4.3.4 Threat of Substitute Products
4.3.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1 Source
5.1.1 Natural
5.1.1.1 Plant
5.1.1.2 Microbial
5.1.1.3 Animal
5.1.2 Synthetic
5.2 Type
5.2.1 Alginate
5.2.2 Agar
5.2.3 Gelatin
5.2.4 Guar Gum
5.2.5 Cellulose and Cellulose Derivative
5.2.6 Other Types
5.3 Application
5.3.1 Bakery and Confectionery
5.3.2 Dairy
5.3.3 Meat and Poultry
5.3.4 Beverages
5.3.5 Sauces and Dressings
5.3.6 Other Applications
5.4 Geography
5.4.1 North America
5.4.1.1 United States
5.4.1.2 Canada
5.4.1.3 Mexico
5.4.1.4 Rest of North America
5.4.2 Europe
5.4.2.1 Spain
5.4.2.2 United Kingdom
5.4.2.3 Germany
5.4.2.4 France
5.4.2.5 Italy
5.4.2.6 Russia
5.4.2.7 Rest of Europe
5.4.3 Asia-Pacific
5.4.3.1 China
5.4.3.2 Japan
5.4.3.3 India
5.4.3.4 Australia
5.4.3.5 Rest of Asia-Pacific
5.4.4 South America
5.4.4.1 Brazil
5.4.4.2 Argentina
5.4.4.3 Rest of South America
5.4.5 Middle East and Africa
5.4.5.1 South Africa
5.4.5.2 United Arab Emirates
5.4.5.3 Rest of Middle East and Africa
6. COMPETITIVE LANDSCAPE
6.1 Most Adopted Strategies
6.2 Market Share Analysis
6.3 Company Profiles
6.3.1 Cargill Incorporated
6.3.2 Tate & Lyle PLC
6.3.3 Archer Daniels Midland Company
6.3.4 Ashland Inc.
6.3.5 Kerry Group PLC
6.3.6 Palsgaard
6.3.7 Nexira
6.3.8 DuPont de Nemours Inc.
6.3.9 Ingredion Incorporated
6.3.10 BASF SE
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Food Stabilizers Industry Segmentation
A stabilizer is an additive to food that helps preserve its structure. The food stabilizer market is segmented by source, type, application, and geography. Based on source, the market is segmented into natural and synthetic. Natural stabilizer is further sub-segmented into plant, microbial, and animal-sourced food stabilizers. By type, the market is segmented into alginate, agar, gelatin, guar gum, cellulose and cellulose derivatives, and other types. By application, the market is segmented into bakery/confectionery, dairy, meat/poultry, beverages, sauces and dressings, and other applications. By geography, the market is segmented into North America, Europe, Asia-Pacific, South America, and Middle East and Africa. The report offers market size and forecasts in value (USD million) for the above segments.
| Source | |||||
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| Synthetic |
| Type | |
| Alginate | |
| Agar | |
| Gelatin | |
| Guar Gum | |
| Cellulose and Cellulose Derivative | |
| Other Types |
| Application | |
| Bakery and Confectionery | |
| Dairy | |
| Meat and Poultry | |
| Beverages | |
| Sauces and Dressings | |
| Other Applications |
| Geography | |||||||||
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Food Stabilizers Market Research FAQs
What is the current Food Stabilizers Market size?
The Food Stabilizers Market is projected to register a CAGR of 4.80% during the forecast period (2024-2029)
Who are the key players in Food Stabilizers Market?
Cargill, Incorporated, Tate & Lyle PLC, Kerry Group plc, BASF SE and DuPont de Nemours, Inc. are the major companies operating in the Food Stabilizers Market.
Which is the fastest growing region in Food Stabilizers Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Food Stabilizers Market?
In 2024, the North America accounts for the largest market share in Food Stabilizers Market.
What years does this Food Stabilizers Market cover?
The report covers the Food Stabilizers Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Food Stabilizers Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Food Stabilizer Industry Report
Statistics for the 2024 Food Stabilizer market share, size and revenue growth rate, created by Mordor Intelligenceā¢ Industry Reports. Food Stabilizer analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
