Food Stabilizer Market is Expected to Reach USD 9.26 Billion by 2021

2024-12-25 06:45:31 Lifestyle

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According to a new market report published by Transparency Market Research ?Food Stabilizer Market - Global Industry Analysis, Trend, Size, Share and Forecast 2015 - 2021?, the global food stabilizer market was valued at USD 7.04 billion in 2014 and is expected to reach USD 9.26 billion by 2021, growing at a CAGR of 4.0% from 2015 to 2021.

The global food stabilizer market is primarily driven by increasing demand for convenience food among consumers. Busy lifestyle and changing eating pattern are driving the growth of convenience food products and this in turn is driving the growth of the food stabilizer market. Food stabilizers are used in processed food, convenience food and other ready to eat food products. Food stabilizers are primarily used in order to improve stability, texture, shelf stability and mouth feel of food products. The increasing demand for these food products is expected to drive the food stabilizer market. Furthermore, increasing demand for organic food items is also driving the market for food stabilizer. Food stabilizers are being added to the finished product to increase the shelf life and to maintain the overall quality of organic food products. Increasing health concerns of people across the globe is driving the market for organic food items which in turn is driving the growth of the food stabilizer globally.

Browse full Food Stabilizer Market report at:http://www.transparencymarketresearch.com/food-stabilizer-market.html

The food stabilizer market is segmented on the basis of application, function and geography. The application segment is further bifurcated into bakery, confectionary, dairy products, beverages, convenience food and others. On the basis of function, food stabilizer market is classified as stabilizing function, texturing function, moisturing function and others. By geography, the market has been segmented into North America, Europe, Asia-Pacific and Rest of the World (ROW).

Among the different applications, dairy product segment held the highest market share in 2014. The market is predicted to grow at a CAGR of 1.1% from 2015 to 2021 and accounted for 25.0% of the overall food stabilizer market. Europe is the largest market for food stabilizers with high market penetration. Owing to this, food stabilizers market in Europe is expected to have stable growth throughout the forecast period. In addition, developing countries such as China, Japan and India are some of the major countries with high market potential for food stabilizers. Huge demand for packaged and ready to eat food owing to changing lifestyle, rising disposable income and growing awareness about organic products are the major factors fueling the demand for food stabilizers in these regions.

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Cargill Inc., Advanced Food System Inc., Aishland Inc, Glanbia Nutritionals and E.I. Dupont De Nemours & Company among others are some of the major players operating in food stabilizer market.

The market has been segmented as follows;-

Global Food Stabilizers Market, By Application
Bakery
Confectionary
Dairy Products
Beverages
Convenience Food
Others

Global Food Stabilizers Market, By Function
Stabilizing Function
Texturing Function
Moisturing Function
Others

Global Food Stabilizers Market, 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

Browse the full Press Release:http://www.transparencymarketresearch.com/pressrelease/food-stabilizer-market.htm

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