Plant-based food stabilizers are fastest growing segment fueling the growth of Food Stabilizer Market

The global Food Stabilizer Market is estimated to be valued at US$ 5801.12 Bn in 2023 and is expected to exhibit a CAGR of 6.9% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Food stabilizers provide texture and structure to food products and help improve their quality and stability. They are essential additives used across industries like dairy, convenience food, bakery, confectionery and beverages. With growing demand for vegan and plant-based alternatives, the plant-based food stabilizers segment is witnessing highest growth in the market.

Market Overview:
Food stabilizers are additives added to food products to maintain consistency and stability of texture, viscosity, and appearance during shelf life. They help improve quality attributes like taste, texture and mouthfeel of processed food items. Some common food stabilizers used are gelatin, pectin, guar gum, xanthan gum, carrageenan, etc. Their versatility and functionality make them highly useful food ingredients across various applications.

Market key trends:
One of the major trends witnessed is the increasing demand for clean label and naturally sourced food stabilizers. Consumers are preferring ingredients they can recognize and pronounce. This has driven manufacturers to offer plant-based stabilizers like starch, proteins, and gums derived from vegetables, fruits and legumes. For instance, producer of guar and carrageenan gums have developed non-GMO, halal and kosher certified variants. Additionally, food stabilizer producers are developing multi-functional formulations that can replace multiple emulsifiers, thickeners in a product to simplify formulations and meet demand for minimized clean labels.
Segment Analysis
The global food stabilizer market is segmented by source into plant and seaweed, microbial, animal, and synthetic. The synthetic segment dominates the market and is expected to continue dominating over the forecast period owing to its low cost and effectiveness in stabilizing a wide range of food products without altering the flavor or appearance.

Key Takeaways
The Global Food Stabilizer Market Size is expected to witness high growth, exhibiting CAGR of 6.9% over the forecast period, due to increasing demand for processed food products.

Regional analysis
Asia Pacific dominates the global market and is expected to continue dominating over the forecast period owing to rising disposable incomes, growing population, and increasing demand for processed foods in countries like China and India.

Key players
Key players operating in the food stabilizer market are BASF SE, Cargill Inc., Celanese Corporation, Chr. Hansen A/S, DuPont, JEY'S F.I. INC, Kerry Group, Koninklijke DSM N.V, and The Archer Daniels Midland Company. The global food stabilizer market is highly consolidated with the top five companies accounting for over 50% of the global market share.

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