North America is Estimated to Dominate the Beverage Stabilizers Market

The Beverage Stabilizers Market is estimated at USD 117.1 million in 2018 and is projected to reach a value of USD 153.8 million by 2023, at a CAGR of 5.6%. 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.

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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.

Europe and North America were the dominant regions in the market in 2017, as North America has several national institutes that support consumption of natural products that support the growth of this market in the North American region. However, Asia Pacific is projected to be the fastest-growing market during the forecast period, due to increased awareness and government funding and research for and on proteomics and increasing R&D investments in the region.

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Key participants in the market are manufacturers, beverage stabilizers manufacturers, distributors & suppliers, associations & industry bodies, and end users.

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) are the leading players in this market.

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