$150+ Million Beverage Stabilizers (Xanthan Gum, Carrageenan, Gum Arabic, and CMC) Market - Global Forecast to 2023 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Sep 17, 2018--The “Beverage Stabilizers Market by Type (Xanthan Gum, Carrageenan, Gum Arabic, and CMC), Function (Stabilization, Texturization, and Viscosification), Application (Fruit Drinks, Dairy Products, and Soft Drinks), and Region - Global Forecast to 2023” report has been added to ResearchAndMarkets.com’s offering.
The beverage stabilizers market is estimated at USD 117.1 million in 2018, and projected to grow at a CAGR of 5.6%, to reach USD 153.8 million by 2023.
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.
The growing demand for beverages has resulted in increased demand for beverage stabilizers. Asia Pacific is projected to be the fastest-growing regional market. Asian countries, especially China, have emerged as leading destinations, thereby facilitating the market shift from developed economies to developing economies. One of the major restraints in the growth of the beverage stabilizers market is stringent international quality standards and regulations.
Based on function, the stabilization segment is estimated to account for the largest share in the beverage stabilizers market in 2018. In the food industry, beverage stabilizers prevent the coalescence of oil droplets, which would promote the separation of the oil phase from the aqueous phase. Hence, the demand for stabilizers in the beverage industry is increasing.
Based on the type, the gum arabic segment is projected to be the fastest-growing during the forecast period. This segment is rapidly growing mainly due to its used in beverages and as an emulsifying agent in citrus and cola flavored oils for soft drink preparations; hence, the demand for gum arabic is increasing day-by-day. Different types are chosen depending on the properties of the sources and the desired end application.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Beverage Stabilizers Market: Regulatory Framework
7 Beverage Stabilizers Market, By Type
8 Beverage Stabilizers Market, By Function
9 Beverage Stabilizers Market, By Application
10 Beverage Stabilizers Market, By Region
11 Competitive Landscape
12 Company ProfilesAdvanced Food Systems Inc. Archer Daniels Midland Company (ADM) Ashland BASF Cargill Chemelco International Bv CP Kelco Dowdupont Glanbia Nutritionals Ingredion Incorporated Kerry Group Nexira Palsgaard A/S Tate & Lyle PLC W.R. Grace & Co. For more information about this report visit https://www.researchandmarkets.com/research/g392jj/150_million?w=4
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INDUSTRY KEYWORD: RETAIL FOOD/BEVERAGE
SOURCE: Research and Markets
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PUB: 09/17/2018 09:38 AM/DISC: 09/17/2018 09:38 AM