The Beverage Stabilizer market has witnessed remarkable growth in recent years, driven by the increasing demand for enhanced product quality and shelf life in the beverage industry. Beverage stabilizers are additives that help maintain the physical and chemical properties of beverages, preventing separation, sedimentation, or deterioration during storage and distribution.
Given the increased prevalence of health-promoting and non-alcoholic beverage consumption, Future Market Insights (FMI), an ESOMAR-certified company, predicts that the worldwide beverage stabilizers market will grow to astounding heights.
According to W.H.O., over 3 million fatalities (~6%) in 2012 were attributed to excessive alcohol consumption. Thus, governments worldwide have promoted various awareness campaigns to reduce alcohol intake. As a result, sales of non-alcoholic functional and non-functional beverages has soared.
Since COVID-19’s outbreak, there is a general tilt towards consuming health-boosting beverages, which has opened up new revenue generation frontiers for beverage stabilizer manufacturers. A study revealed that nearly 6 out of 10 consumers intended to reduce unhealthy beverage intake and switch to a healthier lifestyle to avoid complications.
However, the return to a pre-COVID-19 status quo is highly unlikely, given the considerable time required by the economy to revert to complete normalcy. Hence, a certain degree of sluggishness is also on the cards.
The Beverage Stabilizer Market plays a crucial role in the beverage industry by ensuring the consistency, texture, and shelf life of various beverages. Here are some key points about this market:
1. Market Overview:
- Beverage stabilizers are additives used to maintain the physical and chemical properties of beverages. They prevent the separation of ingredients, sedimentation, or the alteration of texture and flavor.
- These stabilizers are used in various beverages like carbonated soft drinks, fruit juices, energy drinks, dairy-based beverages, and alcoholic drinks.
2. Key Stabilizer Types:
- Xanthan Gum: Commonly used in fruit juices and sauces for its excellent stabilizing properties.
- Pectin: Used in beverages to control viscosity and prevent the separation of ingredients, especially in fruit-based drinks.
- Carrageenan: Mainly used in dairy and plant-based beverages to prevent phase separation and provide a smooth mouthfeel.
- Gum Arabic: A natural stabilizer used to improve texture and stability in a wide range of beverages.
3. Market Drivers:
- Rising Demand for Convenience Foods and Beverages: The increasing demand for ready-to-drink beverages drives the need for stabilizers that can extend shelf life and maintain consistency.
- Growth in Functional Beverages: The growing trend toward health-focused beverages (e.g., vitamin-infused drinks, energy drinks, plant-based beverages) has increased the demand for beverage stabilizers.
- Innovation in Beverage Formulations: As beverage manufacturers experiment with new formulations, stabilizers are crucial to maintaining product quality and texture.
Key Takeaways
- Global beverage stabilizers to expand at a positive CAGR through 2030
- Xanthan gum derived stabilizers to retain lucrativeness, gum Arabic gaining significant ground
- India & China to emerge as promising growth hotspots, owing to rapid urbanization and surging income levels
- Soft drinks to remain primary application area across the forecast period
Competitive Landscape
The global beverage stabilizers market is interspersed with prominent manufacturers such as Archer Daniels Midland Company, DuPont, CP Kelco, Ashland Global Holdings Inc., Ingredion Inc., Nexira, Kerry Group, Glambia Nutritionals and DSM to name a few.
Their primary expansion strategies involve collaborations, acquisitions, expansion of business and product portfolios and new product releases. Lucrative opportunities are in store across the developing world, owing to rising food consumption in the wake of a rapidly growing population.
In October 2020, Archer Daniels invested a significant portion of its revenue in constructing a new state-of-the-art facility in Valencia, Spain. This expansion has been undertaken with the objective of broadening its probiotic foods business segment. This new facility represents a five-fold increase in the company’s production capacity.
In June 2020, Cargill Foods Inc., forayed into the chocolate market in India, with production scheduled to begin from mid-2021 and will initially produce 10,000 tons of chocolate compounds. Growing demand due to enhanced living standards has motivated the food giant to foray into the South Asian market.
BEVERAGE STABILIZER MARKET TAXONOMY
Product Type
- Gum Arabic
- Carboxymethyl Cellulose
- Xanthan Gum
- Carrageenan
- Pectin
- Others
Application
- Fruit Drinks
- Dairy Beverages
- Soft Drinks
- Alcoholic Beverages
- Others
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Frequently Asked Questions
- How will the beverage stabilizers market grow until 2030?
- What drives the global beverage stabilizers market?
- How will COVID-19 impact near-term growth prospects?
- Which is the largest beverage stabilizers market?
- Which are the prominent beverage stabilizers market players?
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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