Global Food Stabilizer Market to Rise to US$9.3 bn by 2021 due to Growing Demand for Convenience Food

Transparency Market Research (TMR) has announced the addition of a new market study on the global food stabilizer market. The report analyzes the drivers and restraints of the market, and the impact of these on the demand for food stabilizers during the forecast period from 2015 to 2021. The findings of the report show that the market is expected to stand at US$9.3 bn by the end of 2021, increasing from US$7 bn in 2014 at a modest CAGR of 4.0% from 2015 to 2021.The report is titled “Food Stabilizer Market - Global Industry Analysis, Trend, Size, Share and Forecast 2015 - 2021.” Based on the information provided in the report regarding the challenges that new entrants face, the strategies used by leading companies in the food stabilizer market, and the market trends, an interested individual or enterprise can effectively make smart decisions regarding investment in the market.

Food stabilizers are an essential additive in food products and are used to maintain the quality of food in terms of texture and viscosity. Food stabilizers are also used to extend the shelf life of packaged and convenience food products by protecting them from microbial growth and reactions with environmental reagents such as oxygen. Stabilization of food products can be done through natural and synthetic food stabilizers. Natural food stabilizers include agar, guar, and sodium alginate. Synthetic food stabilizers include glycerin, sodium triphosphate, ammonium phosphatide, and dicalcium diphosphate.

The increasing use of food stabilizers in various categories of food such as dairy products, bakery products, beverages, confectionaries, and convenience foods is driving the market. The global food stabilizer market is driven majorly by the rising demand for convenience food among consumers. The busy lifestyle of consumers around the world is encourage more and more people to consume convenience foods. Similarly, changing eating habits of consumers is driving the global food stabilizer market. Furthermore, the rising demand for organic food is also expected boost the food stabilizer market in the period from 2015 to 2021.

The global food stabilizers market faces many challenges, as they can pose a threat if consumed in excess. There are many side effects associated with food stabilizers: Gelatin causes allergies, alginate has adverse effects on pregnant women, and guar gum increases the risk of loose motions, gas production, and diarrhea. Thus, stringent government regulations across the world aimed at ensuring the safety of the consumers are restraining the global food stabilizer market. The FDA, for instance, has laid down a set of safety standards that determine whether a stabilizer is safe.

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The global food stabilizer market is segmented on the basis of geography, application, and function. On the basis of application, the dairy segment held the largest market share in 2014, owing to the rising awareness about the benefits of dairy products among the population. Regionally, Europe held the largest market share of 40% in the global food stabilizer market. Europe is followed by North America. Growth in Asia Pacific is mainly attributed to the economic development in India, China, and Japan, which has led to an increase in the disposable income of the people. This in turn is leading to more purchase of ready to eat or convenience foods, driving the market.

The report profiles the following key players in the global food stabilizer market: Cargill Inc., Aishland Inc, Advanced Food System Inc., E.I. Dupont De Nemours & Company, and Glanbia Nutritionals.

The market has been segmented as follows:

Application

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

Function

• Stabilizing Function
• Texturing Function
• Moisturing Function
• Others

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