
DUBLIN, Nov 19, 2018 /PRNewswire/ --
The "Food Stabilizers (Blends & Systems) Market by Source (Plant, Microbial, Seaweed, Synthetic & Animal), Application (Dairy, Bakery, Confectionery, Beverages, Convenience Foods, Meat, Sauces & Dressings), Function, and Region - Global Forecasts to 2023" report has been added to ResearchAndMarkets.com's offering.
The food stabilizers (blends & systems) market is projected to grow from USD 2.3 billion in 2018 to reach value of USD 2.8 billion by 2023 at a CAGR of 4.0% from 2018 to 2023.
The growth of the food stabilizers (blends & systems) market is driven by the rising demand for prepared and convenience food products. The rise in customized launches food stabilizer products, along with an increase in consumer demand for naturally sourced food ingredients, has fueled the market for food stabilizers.
The texturizing function segment is projected to be the fastest-growing in the food stabilizers (blends & systems) market during the forecast period
Based on function, the texturizing segment accounted for the largest share in the food stabilizers (blends & systems) market in 2017. In the food industry, the use of food stabilizers helps in improving the appearance of the product, which, in turn, encourages consumers to purchase the said products. Hence, the demand for stabilizers in the food industry is increasing.
The plant-sourced stabilizers segment is projected to account for the largest market size during the forecast period.
Plant-derived stabilizers dominated the food stabilizers (blends & systems) market during 2017. The food stabilizers derived from plants is projected to grow due to high demand for natural food additives in developed countries. Plant-sourced stabilizers are popular due to its nutritional values. Plant-based food stabilizers are preferred in organic food products as well.
Europe is projected to account for the largest market size during the forecast period
Europe is projected to dominate the food stabilizers (blends & systems) market during the forecast period. Due to the strong food processing industry, Europe accounted for the largest share of the food stabilizers (blends & systems) market, in terms of both volume and value. Food stabilizers are highly preferred in bakery and dairy products in Europe.
The global food stabilizers (blends & systems) market comprises major international players including Cargill, Inc. (US), DowDuPont (US), Tate & Lyle PLC (UK), Kerry (Ireland), CP Kelco (US), Palsgaard (Denmark), Ashland (US), ADM (US), BASF (Germany), Ingredion (US), Hydrosol (Germany), and Nexira (France).
Key players are focusing on increasing their presence through undertaking acquisitions & expansions and developing products specific to consumer tastes and preferences in these regions. These companies have a strong presence in Europe and North America. They have also set up manufacturing facilities in various regions and have a strong distribution network.
Recent Developments
- DowDuPont acquired FMC Corporation's (US) Health & Nutrition business. FMC Corporation is a leading chemical manufacturing company. This acquisition would help the company to strengthen its specialty ingredient business.
- Kerry opened a new production plant in Moscow, Russia. This new facility would serve Kerry's global and regional customer base in the Russian market; as well as in countries such as Belarus, Tajikistan, Kazakhstan, Uzbekistan, and Azerbaijan.
Key Questions addressed by the report
- What are the new trends in the food stabilizers (blends & systems) market? Which companies are exploring these trends?
- Who are the key players in the market and how intense is the competition?
- What are the upcoming growth trends that the food stabilizer manufacturers are focusing in the future?
- What are the high-growth opportunities in the food stabilizers (blends & systems) market in each segment?
- What are the key growth strategies adopted by the major market players in the food stabilizers (blends & systems) market?
Key Topics Covered:
1 Introduction
2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.2 Primary Data
2.1.2.1 Breakdown of Primaries
2.2 Market Size Estimation
2.3 Data Triangulation
2.4 Research Assumptions & Limitations
2.4.1 Assumptions
2.4.2 Limitations
2.5 Factor Analysis
2.5.1 Introduction
2.5.2 Demand-Side Analysis
2.5.2.1 Increasing Per Capita Income and Shift Towards Convenience Foods
2.5.2.2 Growing Consumer Consciousness Towards Healthy Food Products
2.5.2.3 Rise in Alcoholic Beverage Consumption in APAC and North America
2.5.3 Supply-Side Analysis
2.5.3.1 Research & Development for Better Customized Food Stabilizer Products
2.5.3.2 Changing Climatic Conditions to Impact the Use of Conventional Raw Materials
3 Executive Summary
4 Premium Insights
4.1 Attractive Opportunities in the Food Stabilizers Market
4.2 Food Stabilizers Market Share, By Function
4.3 Asia Pacific: Food Stabilizers Market, By Source & Country
4.4 Food Stabilizers Market, By Source
4.5 Food Stabilizers Market Share, By Key Country
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Multifunctionality of Food Stabilizers in Various Food & Beverage Products
5.2.1.2 Increase in Demand for Customized Products
5.2.1.3 Growth in Demand for Naturally Sourced Ingredients
5.2.2 Restraints
5.2.2.1 Stringent International Quality Standards and Regulations
5.2.2.1.1 Legal Framework of Food & Beverage Additives in Singapore
5.2.3 Opportunities
5.2.3.1 Emerging Markets: New Growth Frontiers
5.2.3.2 Increase in Investments for Research & Development to Develop New Products
5.2.4 Challenges
5.2.4.1 Fluctuation in Prices of Raw Materials
5.2.4.2 Consumer Demand for Clean Label Products and Perception of Food Labeling Thereof
6 Industry Trends
6.1 Introduction
6.1.1 Types of Food Ingredients
6.1.2 Stabilizer Blends for Food Applications
6.2 Value Chain Analysis
6.3 Supply Chain
6.4 Pest Analysis
6.4.1 Political/Legal Factors
6.4.1.1 Governmental Regulations
6.4.2 Economic Factors
6.4.2.1 Economic Changes in the Global Market Directly Influence the Food Stabilizers Market
6.4.3 Social Factors
6.4.3.1 Consumer Demand for Clean Label and Natural Ingredients to Drive the Market
6.4.4 Technological Factors
6.4.4.1 Development of Innovative Stabilizing Blend and Systems for Product Efficiency
6.5 Porter's Five Forces Analysis
6.5.1 Intensity of Competitive Rivalry
6.5.2 Bargaining Power of Suppliers
6.5.3 Bargaining Power of Buyers
6.5.4 Threat of Substitutes
6.5.5 Threat of New Entrants
7 Food Stabilizers Market, By Source
7.1 Introduction
7.2 Plant
7.2.1 Plant-Based Food Stabilizers are Widely Used in the Food & Beverage Industry Due to Its Nutritional Value and Wide Acceptance
7.3 Seaweed
7.3.1 Seaweed-Sourced Food Stabilizers Can Be Used as A Major Substitute to Plant-Based Or Synthetic-Based Food Stabilizers
7.4 Microbial
7.4.1 The Fluctuations in the Prices of Plant and Seaweed Based Food Stabilizer Have Provided Growth Opportunities to the Microbial-Sourced Food Stabilizers Market
7.5 Animal
7.5.1 Europe is the Largest Market for Animal Sourced Food Stabilizers
7.6 Synthetic
7.6.1 Synthetic Food Stabilizers Market is Driven By Increasing Demand in APAC Region
8 Food Stabilizers Market, By Function
8.1 Introduction
8.2 Texturizing
8.2.1 Texturizing Function Dominated the Food Stabilizers Market During the Forecast Period
8.3 Stabilizing
8.3.1 Stabilizing is Key Function of Food Stabilizers and Used to Stabilize Emulsion in Food Products
8.4 Moisture Retention
8.4.1 Europe Region Dominated the Moisture Retention Segment of Food Stabilizers Market in 2017
8.5 Other Functions
8.5.1 The Other Functions of Food Stabilizers Include Mouthfeel, Egg Replacement, and Synthesis Control
9 Food Stabilizers Market, By Application
9.1 Introduction
9.2 Dairy & Dairy Products
9.2.1 Dairy & Dairy Products Application Dominated the Food Stabilizers Market in 2017
9.3 Confectionery Products
9.3.1 Food Stabilizers Improve Nutritional Value, Consistency, Texture, Shape, Flavor, and Gelation of Confectionery Products
9.4 Convenience Foods
9.4.1 Europe Dominates the Connivance Foods Segment of Food Stabilizers Market
9.5 Bakery Products
9.5.1 Food Stabilizers Improve the Quality and Provide Desired Texture to the Bakery Products
9.6 Meat & Poultry Products
9.6.1 APAC Region to Drive Food Stabilizers Market With Application in Meat & Poultry Products
9.7 Beverages
9.7.1 Increasing Demand for Sports Drinks and Energy Drinks has Increased in the Market, Which, in Turn, has Increased the Demand for Stabilizers Used in Beverages
9.8 Sauces & Dressings
9.8.1 Europe Dominates the Food Stabilizers Market With the Applications in Sauces & Dressings
9.9 Others
9.9.1 Stabilizers Help to Improve Nutritional Value of Products
10 Food Stabilizers Market, By Region
10.1 Introduction
10.2 North America
10.2.1 US
10.2.1.1 The US Market Dominated the Global Food Stabilizers Markets in 2017
10.2.2 Canada
10.2.2.1 Increasing Wine Consumption to Drive the Food Stabilizers Market in Canada
10.2.3 Mexico
10.2.3.1 Increasing Commercialization of the Food Processing Industry is the Key Driver for the Food Stabilizers Market Growth in Mexico
10.3 Europe
10.3.1 France
10.3.1.1 France is the Largest Food Stabilizers Market in Europe
10.3.2 Germany
10.3.2.1 Increasing Health Conscious, is Expected to Drive the Market for Food Stabilizers in the Germany
10.3.3 UK
10.3.3.1 Presence of Major Players of Food Stabilizers in the Country to Drive Food Stabilizers Market in UK
10.3.4 Spain
10.3.4.1 Increasing Demand for Convenience Food With Better Appearance and Taste to Drive Food Stabilizers Market in Spain
10.3.5 Italy
10.3.5.1 Increasing Demand for Beverages to Drive Food Stabilizers Market Growth in Italy
10.3.6 Russia
10.3.6.1 Changing Food Preferences to Drive Food Stabilizers Market Growth in Russia
10.3.7 Netherlands
10.3.7.1 Increasing Disposable Income and Improved Standard of Living to Drive Food Stabilizers Market Growth in Netherlands
10.3.8 Rest of Europe
10.4 Asia Pacific
10.4.1 China
10.4.1.1 China is One of the Largest Markets for Food Stabilizers in APAC Region, With Significant Potential for Further Growth
10.4.2 Japan
10.4.2.1 The Japanese Market is Estimated to Be Positioned Second in the Asia Pacific Food Stabilizers Market
10.4.3 India
10.4.3.1 Convenience and Easy Availability, Coupled With Growing Disposable Incomes, Would Lead to an Increase in Buying Capability of Premium Ready to Eat Products to Drive the Food Stabilizers Market in India
10.4.4 Australia
10.4.4.1 The Growing Consumption of Food & Beverage Products has Resulted in an Increase in the Consumption of Raw Materials and Other Food Ingredients, to Drive the Australian Food Stabilizers Market
10.4.5 Rest of Asia Pacific
10.5 Rest of the World (RoW)
10.5.1 South America
10.5.1.1 Increasing Demand for Clean Label Food Additives is Expected to Drive the Food Stabilizers Market in South America
10.5.2 Middle East & Africa
10.5.2.1 Rising Population and Rapid Urbanization is Fueling the Demand for Processed Food Which is Key Driver for Food Stabilizers Market Growth in the Middle East
11 Competitive Landscape
11.1 Overview
11.2 Expansions & Investments
11.3 Mergers and Acquisitions
11.4 New Product Launches
11.5 Agreements & Joint Ventures
12 Company Profiles
12.1 Dowdupont
12.2 Cargill
12.3 Tate & Lyle
12.4 Palsgaard
12.5 ADM
12.6 Ashland
12.7 Cp Kelco
12.8 Kerry
12.9 Ingredion
12.10 Nexira
12.11 Hydrosol GmbH & Co. Kg
12.12 BASF
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