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Food Stabilizer Market report categorizes global market by Food Categories (Dairy Products, Confectionary, Meat and poultry, Sauces and Dressing, Bakery, Ready to eat Food), Functionality (Texture, Stability, Moisture Retention), and Geography - Ins
Food Stabilizer Market, By Food Categories, Functionality,
and Geography - Insights, Opportunity Analysis, and
Industry Forecast till 2025
Food stabilizers are additive materials that are applied or sprayed to preserve the
texture and quality of the food. Gelatin, gaur gum, starch, cellulose and
carrageen are commonly used as food stabilizers. Growing urbanization,
changing lifestyle, increasing disposable income and rapid adoption of
convenience food are major factor augmenting demand for food stabilizers.
Increasing prevalence of foodborne diseases and rising awareness about the
various advantages of food stabilizers against bacteria creates a highly favorable
environment for growth of the food stabilizers market, especially in Europe and
North America. Moreover, increasing working population in urban areas and
growing demand for processed and ready to eat food in emerging economies of
India and China is expected to drive market growth.
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Regional Insights
Asia Pacific, followed by Europe and North America accounts for major share
in global food stabilizers market both in terms of value and volume in 2016. In
2016, Asia Pacific accounted for a market share of 29.68% in terms of value,
followed by Europe 24.55% in terms of revenue. Ready to eat segment in Asia
Pacific is dominating the market, due to rapid increase in disposable income of
Asia Pacific and adoption of convenience food. Moreover, growing urbanization
and increasing working population is propelling the growth of food stabilizers
market. According to a stats provided by Coherent Market Insights, the global
confectionary food market in Latin America is expected to be the fastest
growing at a CAGR of 6.75% during 2017-2025 according to Coherent Market
Insights analysis.
Multinational players need to tap potential addressable market in the
emerging regions with the help of geographical expansion
Major players in the global food stabilizers market include BASF SE, Cargill
Inc., Celanese Corporation, Chr. Hansen A/S, DuPont, JEY'S F.I. INC, Kerry
Group, Koninklijke DSM N.V., and The Archer Daniels Midland Company,
among others.
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pallavi.reddy
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