Market Size in 2024 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 159.67 Million | USD 276.94 Million | 6.31% | 2023 |
The global beverage stabilizers market size was evaluated at $159.67 million in 2023 and is slated to hit $276.94 million by the end of 2032 with a CAGR of nearly 6.31% between 2024 and 2032.
The study includes drivers and restraints for the beverage stabilizers market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities and threats to the beverage stabilizers market on a global level.
To understand the competitive landscape in the market, an analysis of Porter’s Five Forces model for the beverage stabilizers market has also been included. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.
Stabilizers are compounds that help in maintaining the physical and chemical properties of beverages. They primarily stabilize water and oil emulsions and are used by beverage manufacturers to maintain the stability of end-products. The process of delivering the product to consumers after manufacturing is a time-consuming process. Hence, it is important to maintain product quality to increase its shelf life.
The increasing promotional and marketing strategies applied by beverage manufacturers and producers are affecting the global beverage market positively. Growing awareness among people regarding the benefits of healthy beverages has increased the beverage demand among consumers. This, in turn, is fuelling the consumer base that prefers drinking beverages on a daily basis, which is expected to boost the beverage stabilizers market expansion in the future. This growth is majorly driven by changing lifestyles and busy daily schedules of people. In addition, the increased use of natural ingredients in the beverage industry is likely to drive the demand for beverage stabilizers. However, the increasing cost of raw materials might hinder this market in the upcoming years.
The study provides a decisive view of the beverage stabilizers market by segmenting the market based on type, application, function, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2018 to 2024.
Based on the type, the global beverage stabilizers market is segmented into xanthan gum, carrageenan, gum Arabic, and CMC. Xanthan gum is anticipated to dominate the market in terms of revenue, owing to its wide range of application in the beverage industry.
Based on application, the beverage stabilizers market is segmented into fruit drinks, dairy products, and soft drinks. Fruit drinks are anticipated to grow at the fastest rate in terms of revenue.
Based on function, the beverage stabilizers market is further segmented into stabilization, texturization, and viscosification.
The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa with its further division into major countries including the U.S., Germany, France, UK, China, Japan, India, and Brazil.
By geography, Asia Pacific is projected to be the fastest growing region in terms of revenue in the upcoming years. Evolving economies with an increasing population base and growing beverages demand are likely to drive this regional market. North America and Europe are the prominent regions that are likely to hold major market shares in terms of revenue. Both regions are anticipated to show significant growth in the beverage market, owing to the increasing popularity of healthy beverage options, which, in turn, is anticipated to fuel the beverage stabilizers market in the future. The Middle Eastern and African region is projected to show considerable growth during the forecast time period, due to the growing beverage demand. Latin America is anticipated to witness a high beverage demand due to growing tourism in the region, which is anticipated to boost this regional market in the future.
Report Attributes | Report Details |
---|---|
Report Name | Beverage Stabilizers Market Research Report |
Market Size in 2024 | USD 159.67 Million |
Market Forecast in 2032 | USD 276.94 Million |
Growth Rate | CAGR of 6.31% |
Number of Pages | 215 |
Key Companies Covered | Glanbia Nutritionals, Cargill Inc., Nexira, Dow Du Pont, Palsgaard, Kerry Group, Advanced Food Systems, Chemelco International, Ashland, and Tate & Lyle, among others. |
Segments Covered | By Type, By Application, By Function and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
The detailed description of the companies operating in the global beverage stabilizers market includes parameters such as financial overview, business strategy, key developments, and company overview of the company.
Some key players of the beverage stabilizers market include Glanbia Nutritionals, Cargill Inc., Nexira, Dow Du Pont, Palsgaard, Kerry Group, Advanced Food Systems, Chemelco International, Ashland, and Tate & Lyle, among others.
The global beverage stabilizers market profiles key players such as:
Global Beverage Stabilizers Market: Type Analysis
Global Beverage Stabilizers Market: Application Analysis
Global Beverage Stabilizers Market: Function Analysis
Global Beverage Stabilizers Market: Regional Analysis
FrequentlyAsked Questions
Beverage stabilizers are additives or substances utilized within the food and beverage sector to improve and sustain the appearance, texture, stability, and storage life of a wide range of beverages. Stabilizers are of the utmost importance as they serve to inhibit constituent separation or degradation, enhance mouthfeel, and preserve the beverage's overall quality over its entire shelf life. A wide range of beverages, including soft drinks, juices, dairy-based drinks, and alcoholic beverages, frequently contain stabilizers.
The increasing preference of consumers for convenient and pre-made goods is anticipated to drive the demand for stabilized beverages. These beverages possess an extended expiration life and ensure consistent quality throughout. The worldwide phenomenon of heightened packaged beverage consumption, encompassing ready-to-drink teas, coffees, soft drinks, and fruits, is a substantial factor propelling the market for beverage stabilizers. Stabilizers assist in preserving the visual and sensory qualities of these products.
The global beverage stabilizers market size was evaluated at $159.67 million in 2023 and is slated to hit $276.94 million by the end of 2032.
The global beverage stabilizers market with a CAGR of nearly 6.31% between 2024 and 2032.
The regional segmentation comprises present and projected demand for the following regions: North America, Europe, Asia-Pacific, Latin America, the Middle East, and Africa. Additionally, it is subdivided into important countries such as the United States, Germany, France, United Kingdom, China, Japan, India, and Brazil.
Glanbia Nutritionals, Cargill Inc., Nexira, Dow Du Pont, Palsgaard, Kerry Group, Advanced Food Systems, Chemelco International, Ashland, and Tate & Lyle
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