Substances or additives added to food and beverages to maintain their physio-chemical structure, color, texture, and consistency are mainly referred to as food stabilizers. The market players usually provide a blend or systems of chemicals or natural additives to offer stability to food and beverages. The major challenges being faced by the market players in the food stabilizers market are the fluctuating prices of raw materials and increasing awareness among consumers regarding clean label products.
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Some of the key players in the global food stabilizers market are Ingredion Incorporated (US), Tate & Lyle (UK), Nexira (France), DowDuPont (US), Cargill, Incorporated (US), Kerry Group Plc. (Ireland), Ashland (US), CP Kelco (US), Archer Daniels Midland Company (US), BASF SE (Germany), Hydrosol (Germany), and Palsgaard (Denmark)
The global Food Stabilizers Market has been segmented based on source, application, and region. By source, the global food stabilizers market has been classified as natural and synthetic. Based on application, the global food stabilizers market has been divided into dairy & frozen desserts, bakery & confectionary, convenience food, meat, poultry & seafood, beverages, and others.
Based on region, the global food stabilizers market has been segmented by North America, Europe, Asia-Pacific, and RoW. Europe is anticipated to dominate the global food stabilizers market due to the growing food processing industry in the region. In addition, the presence of several manufacturers of food stabilizers in Europe is also driving the region’s growth in the global market.
Asia-Pacific food stabilizers market is anticipated to exhibit the highest CAGR during the forecast period due to the adoption of new food processing technologies by food processors present in the region. The regional growth trend is mainly driven by the growing economies of Asia-Pacific such as India, China, and Japan.
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January 2019 Market Research Future has published a half-cooked research report on the Global Food Stabilizers Market.