Beverage Stabilizers Market to Showcase Continued Growth in the Coming Years

Northbrook, USA, 2020-Feb-20 — /EPR Network/ — The beverage stabilizers market is estimated at USD 117.1 million in 2018, and is projected to grow at a CAGR of 5.6% to reach a value of USD 153.8 million by 2023. Beverage stabilizers impart textural properties, physical functionalities, or physical stability to the products. They primarily stabilize oil and water emulsions. Beverage stabilizers are essential food additives that have been used by food & beverage manufacturers to maintain the end-product stability, texture, shape, and color.

The worldwide demand for beverage stabilizers is on the rise, particularly in the fruit drinks industry. The demand is governed by the performance quality and functionality of the products. Increasing demand for beverage stabilizers is one of the factors supporting market development and significant innovation.

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The key drivers for the market’s growth are the rise in beverage consumption, the multi-functionality of beverage stabilizers, and the increase in the use of natural ingredients in foods due to the growth in consumer awareness about healthy diets. However, adherence to international quality standards and regulations for beverage additives such as stabilizers and the fluctuation of raw material prices act as restraints for the market’s growth. Innovation in technology and emerging applications using customized stabilizer blends are significant growth opportunities for the market.

Based on function, the stabilization segment is estimated to account for the largest market share in 2018. Stabilization is the key function of beverage stabilizers in various applications, as that improves the quality of the products. The function of beverage stabilizers such as hydrocolloids is to stabilize the emulsion and prevent separation of phases.

On the basis of type, the gum arabic segment is projected to be the fastest-growing from 2018 to 2023, because it helps to stabilize the flavor and essential oils in the production of soft drinks or concentrated juices.

Based on application, the fruit drinks segment is projected to be the fastest-growing during the forecast period. This growth is mainly associated with the rise in the demand for natural products in the beverage industry.

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The North American region is estimated to form the largest market for beverage stabilizers in 2018. North American consumers are considered to be more health-conscious and pay close attention to the ingredients used in the food products and medicine they consume. The demand for natural food ingredients influences the buying behavior of key food & beverage manufacturers in the market. The potential demand for beverage stabilizers is further driven by the foodservice industry in the region.

This report includes a study of marketing and development strategies, along with the product portfolios of the leading companies. It includes profiles of leading companies such as Cargill (US), Tate & Lyle (UK), DowDuPont (US), Ashland (US), Palsgaard (Denmark), Glanbia Nutritionals (US), Kerry Group (Ireland), Advanced Food Systems (US), Chemelco International (Netherlands), and Nexira (France).

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