The food stabilizers market is valued at US$ 2.8 Bn in 2022 and is projected to grow at a CAGR of 5.5% during the forecast period, to reach a valuation of US$ 4.7 Bn by 2032. Furthermore, with rising application of food stabilizers in bakery products, confectionery items, dairy products, beverages, etc. the overall food stabilizers demand is projected to grow at a year-on-year (Y-o-Y) growth rate of 4.8% in 2022.
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Food stabilizer, an external agent which is added to food products, assists in enhancing the products chemical and physical characteristics, and improves product texture. Available in plenty, food stabilizers can be found naturally (agar agar, carrageenan, pectin, and others) or made synthetically (phosphates, diphosphates, pyrophosphates, and others). They preserve the structure of foods and make them more appetizing to consumers.
Rising usage of food stabilizers for preventing oil, water emulsions from separating in products such as salad dressings, eliminating the ice crystal formation in frozen foods, and preventing fruit from settling in products like jams and yoghurt, is likely to bolster food stabilizers sales during the assessment period.
The global food stabilizers demand is slated to grow at 5.5% CAGR between 2022 and 2032, in comparison to 4.6% CAGR registered between 2017 and 2021. Increasing production and consumption of packaged food products and growing demand for preserving foods for longer durations are driving growth in the food stabilizers market.
Food product manufacturers rely on food stabilizers to ensure that the end products can maintain the highest possible quality in transit to the customers. As the shelf life of food products gets extended while using food stabilizers, the product has been in demand among food products manufacturers as well as consumers who want to preserve food at home.
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Within food stabilizers market, pectin, plant source, stability as function, dairy and desserts as application, and B2C sales channel segments are projected to reflect favorable growth outlook in terms of revenue, according to the annual market analysis conducted by Future Market Insights.
Rising Consumption of Packaged Food Products to Ignite Food Stabilizer Sales”
With rapidly growing population and increasing disposable income, there has been a robust surge in the production and consumption of packaged food products. Consumer across the world spend large amounts on processed and packaged food products.
In order to improve the quality of these packaged food products as well as to increase their shelf life, manufacturers are increasingly using additives like food stabilizers and emulsifiers.
Thus, rise in production and consumption of food stabilizers will eventually boost food stabilizer sales, which in turn will expand the food stabilizers market size during the forecast period.
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