Beverage Stabilizers Market

Growth opportunities in the beverage stabilizers market look promising over the next six years. This is mainly due to the growing popularity of the western cuisines due to the rising young population and escalating use by owners to improve the appearance of food.

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Beverage Stabilizers Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)

Key Drivers

The surging number of quick-service restaurants (QSRs) throughout the world accounts to be the crucial driver responsible for the growing prominence of the global beverage stabilizer market. Also, the accelerating penetration of foreign and local fast food restaurant chains like KFC, McDonald's, and Burger King adds to market growth. The increasing inclination of individuals in favor of ready-to-eat fast food products owing to their improved taste and convenience further stimulates the beverage stabilizers market size.

The usage of this stabilizer by the owners of fast-food restaurants to raise the shell life and appearance of food products along with the augmenting admiration of western cuisines led by the increasing young population with high disposable income promotes the market growth. Moreover, individuals across the nation are cutting down the intake of high sugar drinks and are increasingly choosing beverages with better nutritional content and natural and organic products. Additionally, these stabilizers help blend the flavors, enhance protein, abstain from a particular matter, and improve the mouth sensation of drinks. However, the growing health consciousness associated with the fuelling consumption of preserved food & beverage products and reducing consumption of fresh items are likely to obstruct the beverage stabilizers market share.

Application Segment Drivers

Based on the application, the soft drinks are expected to witness a higher CAGR over the forecast period. This is because of the increasing consumption of aerated drinks. These stabilizers are majorly used to raise the thickness to enhance the overall flavor and impede the sedimentation, thereby keeping the ingredients refrained within the finished product. There has been a remarkable switch towards the consumption of alcohol from soft drinks and aerated beverages. According to the Australian Bureau of Statistics, a total of 14.5 million tonnes of food and non-alcoholic beverages were sold in 2019-2020, which is 4.0% more than in 2018-2019.

Regional Drivers

Based on the regional coverage, Asia-Pacific is predicted to lead the market during the forecast period. This is primarily attributed to the massive prevalence of quick-service restaurants (QSRs) coupled with the growing reliance on convenience goods. Additionally, the rising demand for organic beverage products is propelling the market growth. ASEAN, the seventh-largest economy in the APAC region, is experiencing an alteration in individuals towards the consumption of nutritional food products.

Beverage Stabilizers Market’s leading Manufacturers:

· Ashland

· Kerry

· ADM

· Palsgaard

· Ingredion

· Glanbia plc

· BASF SE

· CP Kelco U.S., Inc.

· Cargill, Incorporated

· DuPont

Beverage Stabilizers Market Segmentation:

Segmentation by Product Type

· Xanthan Gum

· Carrageenan

· Gum Arabic

· Carboxymethyl Cellulose (CMC)

· Others

Segmentation by Function

· Stabilization

· Viscosification

· Texturization

· Others

Segmentation by Application

· Fruit Drinks

· Dairy Products

· Soft Drinks

· Alcoholic Beverages

· Others

Segmentation by Region:

· North America

o United States of America

o Canada

· Asia Pacific

o China

o Japan

o India

o Rest of APAC

· Europe

o United Kingdom

o Germany

o France

o Spain

o Rest of Europe

· RoW

o Brazil

o South Africa

o Saudi Arabia

o UAE

o Rest of the world (remaining countries of the LAMEA region)

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