Global food stabilizer market to Grow at 4.0% CAGR through 2021

The global food stabilizer market will exhibit a CAGR of 4.0% within a forecast period of 2015 to 2021. This market was valued at US$7.04 bn in 2014. The global food stabilizer market will reach US$9.26 bn by 2021, according to a research report released by Transparency Market Research, titled “Food Stabilizer Market - Global Industry Analysis, Trend, Size, Share and Forecast 2015 - 2021”. The report covers all aspects that influence this market and is available for sale on the company website.

According to the report, the global food stabilizer market is primarily driven by the growing demand by consumers for convenience foods. This is caused by increasingly busy lifestyles and the altering styles of eating and diet maintenance. These modifications to the modern consumer’s diet are boosting the global food stabilizer market.

The report also elaborates the factors that threaten the global food stabilizer market, including the health consequences of over-consumption of food stabilizers. The report also explains the aversion of certain food stabilizers such as gelatin by consumers due to possibilities of allergic reactions. Other chemicals that can harm consumers include algin, the over-consumption of which can have an adverse effect on pregnant women. Algin is used for maintaining high viscosity of certain foods. Other adverse effects include the over-consumption of guar gum which can cause excessive production of gas, diarrhea, and loose motions.

Other factors that can restrain the global food stabilizer market include the stringent government regulations pertaining to specific chemicals that are harmful. To counter these restraints, the global food stabilizer market has to shift towards healthier and more natural alternatives in order to keep up with an increasing consumer demand while maintaining health standards.

From the point of view of applications, the global food stabilizer market was led by the dairy product segment in 2014, when it held nearly 25% of the market. This segment is expected to progress at a CAGR of 1.1% during the report’s given forecast period.

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From a geographical perspective, the global food stabilizer market was led by Europe in 2014 owing to a high market penetration rate. The report expects Europe to retain a stable growth pattern over the given forecast period. The global food stabilizer market’s future will be largely influenced by the developing economies of the world, particularly India, China, and Japan. These nations are showing a high rate of interest in food additives owing to changing lifestyles of consumers and the increasing number of consumers with disposable incomes. These regions have bolstered the demand for packaged foods and have shown a higher rate of interest towards organic foods and food additives, further increasing the scope of growth for the global food stabilizer market.

The key players in the global food stabilizer market are E.I. DuPont De Nemours & Company, Glanbia Nutritionals, Aishland, Inc., Advanced Food System, Inc., and Cargill, Inc.

Key segments of the Global Food Stabilizer Market

By Application

• Bakery
• Confectionary
• Dairy Products
• Beverages
• Convenience Food
• Others

By Function

• Stabilizing Function
• Texturing Function
• Moisturing Function
• Others

By Geography

North America

• U.S.
• Canada
• Mexico

Europe

• U.K.
• France
• Germany
• Italy
• Others

Asia-Pacific

• India
• China
• Japan
• Others

Rest of the World (RoW)

• Middle East
• Latin America
• Africa