The global meat stabilizers blends market size is expected to reach US$ 6241.8 Mn by the end of 2030. According to a study by Future Market Insights (FMI), the market will show a steady rise at 7.8% CAGR between 2022 and 2030. According to the report, rising importance of stabilizing agents for improving texture and smoothness of the finished goods is expected to drive the growth. The report offers a comprehensive overview of the market, covering key growth drivers, restraints, opportunities, and prevailing trends. It uses unique research methods to offer the most accurate analysis of the market.
Feed stabilizers are derived from a wide variety of natural raw materials including micro-organisms, plants of land and sea, and connective tissues of animals. They control the moisture and provide qualities in food products such as structure, flow, stability and mouthfeel. Food & beverage producers are gaining economic benefits by using mixtures and systems of food stabilizers which have increased demand for them. For example, xanthan is commonly used in bakery products to help maintain water in baking food and thus improve the food’s shelf-life.
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The market however may enter into a tough period as the world grapples under the spread of coronavirus or COVID-19. Overall meat consumption is likely to reduce due to rumours linking it to the spread of coronavirus. The market might have to a take a blow due to these unforeseen events.
It includes in-depth insights into the meat stabilizers blends market. Some of these are:
- The estimated value of the market was at US$ 2956.1 Mn in 2020. Through the course of the report’s forecast period, the market is exhibited to show a steady pace of growth.
- Dairy & dairy products is estimated to lead the market.
- The spread of the virus has triggered panic across the world and shaken the confidence of investors.
- The texturizing function segment is projected to be the fastest-growing in the food stabilizers (blends & systems) market during the forecast period.
- Plant-sourced stabilizers to be the fastest growing source for food stabilizers.
- High growth is expected in the Asia Pacific food stabilizers market.
Rising Consumption of Organic Food Will Boost Growth
Meat stabilizers help to improve the texture of meat products by providing smoothness and improving colour. These blends are used extensively in developing economies such as India and China due to the rising demand for broiler meat there. Meat stabilizer blends are also used in commercial applications such as hotel kitchens and restaurants. Higher amounts spent in eateries and dining places among millennials are expected to support market growth.
Improving standards of living and increasing disposable incomes are other major factors that are boosting the trend of eating out, thereby, positively influencing this market. Increasing research & development activities are being undertaken to examine the scope for organic stabilizer blends and to expand the application of these products. Rising consumption of organic food products, especially in countries such as the UK, the US, France, and Germany is expected to contribute significantly to achieving this end. Such factors are essential for revenue growth over the foreseeable future.
However, in the future growth witnessed in market may get hampered due to the impact of coronavirus. Rumours linking meat consumption to the spread of disease may restrain the market to an extent. Also some of the most lucrative markets located in the U.S., U.K, Germany, and China may suffer due to the coronavirus outbreak.
Who is Winning?
Some of the leading players in the global meat stabilizer blends market are Meat Cracks Technologie GmbH, Cargill Inc., Pacific Blends Ltd., International Food Products Corporation, GC Ingredients Inc., Hydrosol GmbH & Co. KG, Firmas FPS Food Processing System, Tate & Lyle PLC, Van Hees GmbH, Caragum International, REGIS Sp. z o.o., Caldic B.V.
Increasing demand for organic foods in the developed countries including U.S., Germany, France, and U.K. is expected to expand the scope of application for the organic stabilizing agents in the industry. Manufacturers focus on R&D of organic products to meet the consumer demand. Growing number of organic meat producers on a global scale is expected to expand the utility of various stabilizing additives in near future.
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MEAT STABILIZERS BLENDS MARKET TAXONOMY
The global Meat Stabilizers Blends market is segmented in detail to cover every aspect of the market and present complete market intelligence to readers.
- Color Stabilizer
- Flavor Enhancer
- pH Stabilizer
- Moisture Retention
- Thickening Agent
- Meat Processing
- Food Premixes
- Pet Food
- North America
- Latin America
- East Asia
- South Asia
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About Future Market Insights (FMI)
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.