Market Size of Food Stabilizers Industry
| 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.
