“The beverage stabilizers market is projected to grow at a CAGR of 5.6%.”
The beverage stabilizers market is estimated at USD 117.1 million in 2018, and projected to grow at a CAGR of 5.6%, to reach USD 153.8 million by 2023. The growth of the beverage stabilizers market is driven by the rising demand for healthier and natural food ingredients from the food industry. The key drivers for the market’s growth are the rise in beverage consumption, the multi-functionality of beverage stabilizers, and the growth in the use of natural ingredients in foods due to increasing consumer awareness about healthy diets. The growing demand for beverages has resulted in increased demand for beverage stabilizers. Asia Pacific is projected to be the fastest-growing regional market. Asian countries, especially China, have emerged as leading destinations, thereby facilitating the market shift from developed economies to developing economies. One of the major restraints in the growth of the beverage stabilizers market is stringent international quality standards and regulations.
“Stabilizations of beverages is estimated to account for the largest share in terms of function in 2018.”
Based on function, the stabilization segment is estimated to account for the largest share in the beverage stabilizers market in 2018. In the food industry, beverage stabilizers prevent the coalescence of oil droplets, which would promote the separation of the oil phase from the aqueous phase. Hence, the demand for stabilizers in the beverage industry is increasing.
“Gum arabic is touted to be the fastest-growing type of beverage stabilizers.”
Based on the type, the gum arabic segment is projected to be the fastest-growing during the forecast period. This segment is rapidly growing mainly due to its used in beverages and as an emulsifying agent in citrus and cola flavored oils for soft drink preparations; hence, the demand for gum arabic is increasing day-by-day. Different types are chosen depending on the properties of the sources and the desired end application.
“High growth is projected in the Asia Pacific beverage stabilizers market.”
Asia Pacific is projected to be the fastest-growing market for the period considered for this study, due to the rise in disposable income and increase in demand for beverages, along with the growing industrial base, leading to increased demand for beverage stabilizers in the region. In addition, the market is driven by the growing demand for beverages in developing countries such as India, China, Indonesia, and Thailand.
Break-up of Primaries:
- By Company Type: Tier 1 - 45 %, Tier 2 - 33%, and Tier 3 - 22%
- By Designation: Directors - 33%, C Level - 45%, and Others* - 22%
- By Region: North America - 11%, Europe -11%, Asia-Pacific - 45% and RoW - 33%,
*Others include sales managers, marketing managers, and product managers.
Leading players profiled in this report:
• Cargill (US)
• DowDupont (US)
• Palsgaard (Denmark)
• Ingredion Incorporated (US)
• CP Kelco (US)
• Glanbia Nutritionals (Ireland)
• Archer Daniels Midland Company (US)
• Tate & Lyle (UK)
• W.R. Grace & Co. (US)
• Nexira (France)
• Ashland (US)
• BASF (Germany)
• Advanced Food systems (US)
• Kerry Group (Ireland)
• Chemelco International (Netherlands)
The report segments the beverage stabilizers market on the basis of function, type, application, and region. In terms of insights, this report has focused on various levels of analyses?competitive landscape, end-use analysis, and company profiles?which together comprise and discuss views on the emerging & high-growth segments of the global beverage stabilizers, high-growth regions, countries, government initiatives, drivers, restraints, opportunities, and challenges.
Reasons To buy this report:
- To get a comprehensive overview of the beverage stabilizers
- To gain wide-ranging information about the top players in this industry, their product portfolios, and key strategies adopted by them
- To gain insights about the major countries/regions in which the beverage stabilizers is flourishing