Asia Pacific Food Stabilizers Market - Growth, Trends and Forecasts (2015-2020)
LONDON, March 8, 2016 /PRNewswire/ -- The Asia Pacific Food stabilizers market was estimated to be $XX million in 2014 and expected to reach $XX million by 2020 at a CAGR of 5.1% during the forecasted period 2015-2020. Food Stabilizers are substances which makes it possible to maintain the physico-chemical state of a foodstuff; stabilizers include substances which enable the maintenance of a homogenous dispersion of two or more immiscible substances in a foodstuff and also include substances which stabilize, retain or intensify an existing color of a foodstuff.
Asia Pacific food stabilizer market is the third largest market both in terms of value and volume due to its growing population, rise in demand for convenience food and organic food, Influence of westernized food consumption pattern and raising disposable income increases the growth of convenience food which in turn raise the food stabilizers market. Rising preference for specialized and customized blends by F&B manufactures, food stabilizers also gives competitive advantage for food industry from market players. Owing to these factors food stabilizers are expected to grow exponentially during the forecasted period. However lack of infrastructure and transportation facilities lead to wastage of agro-produce in turn affecting food stabilizers manufactures, consumer preference for fresh food has become hurdle in the growth of the market.
Market is further segmented into stability, Texture, Moisture Retention and others like mouth feel, egg replacement, and ice crystallization based on their function. Food stabilizers find major applications in Bakery, confectionary, dairy foods, beverages, convenience food, snacks, and meat and poultry food products. Convenience food segment is the fastest growing segment among the applications due to consumer exposure to packaged food and raise in disposable income.
Asia pacific food stabilizer market is dominated by China followed by Japan and India. China accounts 40% of the Asia pacific food stabilizer market due to the increasing population and economic growth and heavy demand for food stabilizers in food and beverage industry.
The major players in the market are Cargill Inc., DuPont, Tate & Lyle plc, Kerry Group plc, Royal DSM. Tate & Lyle plc is one of the major players in the market with 7.2% market share followed by Royal DSM which is one of the emerging players in Asia pacific food stabilizers market. To increase the market share companies are concentrating on development of innovative and multi-functional food stabilizers. The market is also observing new entrants who are investing in emerging markets.
Key Deliverables
Market analysis for the Global Food stabilizers Market, with region specific assessments and competition analysis on global and regional scales
Market definition along with the identification of key drivers and restraints
Identification of factors instrumental in changing the market scenarios, rising prospective opportunities, and identification of key companies that can influence this market on a global and regional scale
Extensively researched competitive landscape section with profiles of major companies along with their market shares
Identification and analysis of the macro and micro factors that affect the global Plant protein Market on both global and regional scales
A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information
A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market
Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
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