Food Stabilizers Market Size
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 2.9 Billion |
| Market Size (2029) | USD 3.80 Billion |
| CAGR (2024 - 2029) | 5.51 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Europe |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Food Stabilizers Market Analysis
The Food Stabilizers Market size is estimated at USD 2.9 billion in 2024, and is expected to reach USD 3.80 billion by 2029, growing at a CAGR of 5.51% during the forecast period (2024-2029).
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 across the world 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 Application in the Bakery and Confectionery Segment is Fueling the Growth
With changing lifestyles, consumers prefer healthy foods to those with a high percentage of oil and fats. The demand for prepared and convenient food products, such as cakes, cookies, and bread, has increased due to the benefits of convenience food, such as lesser preparation time and easy handling. According to Bikaji, the Size of the savory snacks market in India was INR 751 billion in 2022 and is expected to reach INR 1,227 billion by 2026. Food stabilizers make up a tiny part of the final product, but they significantly impact the final packaged product. For instance, guar gum is used in gluten-free baked goods like cakes, cookies, and bread, and it helps bind ingredients together and improve texture. Similarly, xanthan gum is used as a stabilizer in gluten-free bakery products to prevent ingredients from separating.
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. According to Agriculture and Agri-Food Canada, the retail sales of sugar confectionery like gummies, chews, jellies, and pastilles in the United States were USD 8,318.8 million. Thus, the expanding demand for gummies globally is expected to augment the growth of food stabilizers during 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 2022, the average purchase per person per week of fresh and processed fruit and vegetables (excluding potatoes) in the United Kingdom was 2,106 grams. Eventually, key players in the market focus on expansion and product development to gain market share in the food stabilizer market.
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 2023, the annual average of the consumer price index (CPI) of food in the United Kingdom was 132. 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.
Competitive Food Stabilizer Industry Overview
The food stabilizers market is highly fragmented due to the presence of domestic and international players in this sector. Major players in the industry are Cargill Incorporated, Tate & Lyle PLC, Kerry Group PLC, 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 Stabilizer Market Leaders
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Cargill, Incorporated
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BASF SE
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Gelita AG
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The Archer-Daniels-Midland Company
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Ingredion Inc.
*Disclaimer: Major Players sorted in no particular order
Food Stabilizer Market News
- February 2024: Ingredion launched the first functional native, clean-label starch with gelling and improved mouthfeel capabilities. The new NOVATION Indulge 2940 functional native starch is a label-friendly ingredient that meets the demand of health-conscious consumers looking for an indulgent, plant-based texture in their foods.
- March 2023: GELITA launched fast-setting gelatin for fortified gummy production. Branded CONFIXX, the new gelatin allows for the starch-free production of gummies with a sensorial profile that has previously only been attainable with a starch-based manufacturing process.
- February 2023: Ashland launched Benecel鈩� MX 100 methylcellulose designed for high-volume, large-scale production efficiency for meat alternative products while providing consumers with an enhanced eating experience. The innovative product for the nutrition industry broadens the company鈥檚 award-winning Benecel鈩� MX portfolio for plant-based protein food formulations.
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
4.1.1 Increased Demand for Processed Food Products
4.1.2 High Demand in the Dairy and Beverage Industry is Expected to Drive the Growth
4.2 Market Restraints
4.2.1 Government Regulations for Food Stabilizers Restrain Growth
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 Gelita AG
6.3.9 Ingredion Incorporated
6.3.10 BASF SE
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
8. ABOUT US
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. By 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 and confectionery, dairy, meat and 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 market sizing has been done in value (USD) for all the abovementioned 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
How big is the Food Stabilizers Market?
The Food Stabilizers Market size is expected to reach USD 2.9 billion in 2024 and grow at a CAGR of 5.51% to reach USD 3.80 billion by 2029.
What is the current Food Stabilizers Market size?
In 2024, the Food Stabilizers Market size is expected to reach USD 2.9 billion.
Who are the key players in Food Stabilizers Market?
Cargill, Incorporated, BASF SE, Gelita AG, The Archer-Daniels-Midland Company and Ingredion 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 Europe accounts for the largest market share in Food Stabilizers Market.
What years does this Food Stabilizers Market cover, and what was the market size in 2023?
In 2023, the Food Stabilizers Market size was estimated at USD 2.74 billion. 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 糖心vlog传媒鈩� 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.
