APAC Food Stabilizers Market Size
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 5.58 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
APAC Food Stabilizers Market Analysis
The Asia-Pacific food stabilizer market is projected to grow at a CAGR of 5.58% during the forecast period (2020-2025).
- The increasing consumption of ready-to-eat and ready-to-drink beverages has propelled the application of food stabilizers in the market in the Asia-Pacific region. The market is further boosted by the burgeoning demand for convenience food and organic food across.
- Technological advancements have led to the development of various stabilizer blends, which are not only multi-functional, but also cost-effective at the same time. Continuous innovations in the food stabilizer market are anticipated to offer potential opportunities to manufacturers across the region.
- The varying regulations pertaining to the approval of food stabilizer ingredients and the restrictions associated with the amount and dosage of ingredients in the final product are the key restraining factors to the market growth.
APAC Food Stabilizers Market Trends
This section covers the major market trends shaping the APAC Food Stabilizers Market according to our research experts:
Significant Usage of Stabilizers in Beverage Applications
Beverages are one of the fastest-growing food stabilizer markets as they are among the most-consumed food products among adults and children. However, the incorporation of food stabilizers in beverages, like xanthan gum, carrageenan, and pectin. This is likely to further boost the sales of food stabilizers, as it is being used in most of the low-calorie drinks, fruit juice, Energy drinks, bottled water, sports drinks, and yogurt drinks across the region. Furthermore, food stabilizers play a vital role in enhancing taste in mid-calorie and zero-calorie beverages. Thus, manufacturers across the region are using these products in beverage aids in using minimal quantities of sweeteners that are crucial in attaining texture, stability, and flavor.
China Accounts For A Significant Share In The Market
China, with the development of technology, accounts for more than 50 pectin authorized producers. The resources for extracting pectin are mainly citrus and apple pomace. At present, China, with abundant pectin resources, still can't meet the demands of the market as a low utilization rate of materials, although the pectin output appears to be increasing steadily year by year and improved infrastructure on R&D to develop new products, flavors, textures, tastes is slowly improving in the country. The domestic pectin output tends to grow rapidly in the next few years which is expected to drive the food stabilizer market growth. Kappa is the most used carrageenan in China, as it acts as a stabilizer, emulsifier, and bodying agent in cheese, chocolate, ice cream, and puddings.
APAC Food Stabilizers Industry Overview
The Asia-Pacific food stabilizers market is fragmented with the presence of several global as well as domestic food ingredient companies competing across the market. Some of them include Tate & Lyle PLC, Cargill, Incorporated, Ingredion Incorporated, Palsgaard A/S, DuPont de Nemours, Inc., Archer Daniels Midland Company, and others.
APAC Food Stabilizers Market Leaders
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Tate & Lyle PLC
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Cargill, Incorporated
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Ingredion Incorporated
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Palsgaard A/S
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DuPont de Nemours, Inc.
*Disclaimer: Major Players sorted in no particular order
APAC Food Stabilizers Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Deliverables
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1.2 Study Assumptions
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1.3 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET DYNAMICS
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4.1 Market Drivers
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4.2 Market Restraints
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4.3 Porter's Five Force Analysis
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4.3.1 Threat of New Entrants
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4.3.2 Bargaining Power of Buyers/Consumers
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4.3.3 Bargaining Power of Suppliers
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4.3.4 Threat of Substitute Products
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4.3.5 Intensity of Competitive Rivalry
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5. MARKET SEGMENTATION
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5.1 By Source
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5.1.1 Natural
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5.1.1.1 Plant
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5.1.1.2 Microbial
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5.1.1.3 Animal
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5.1.2 Synthetic
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5.2 By Application
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5.2.1 Bakery & Confectionery
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5.2.2 Dairy
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5.2.3 Meat & Poultry
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5.2.4 Beverages
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5.2.5 Sauces & Dressings
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5.2.6 Others
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5.3 By Geography
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5.3.1 China
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5.3.2 Japan
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5.3.3 India
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5.3.4 Australia
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5.3.5 Rest of Asia-Pacific
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6. COMPETITIVE LANDSCAPE
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6.1 Most Active Companies
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6.2 Most Adopted Strategies
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6.3 Market Share Analysis
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6.4 Company Profiles
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6.4.1 Tate & Lyle PLC
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6.4.2 Cargill, Incorporated
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6.4.3 Ingredion Incorporated
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6.4.4 Palsgaard A/S
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6.4.5 DuPont de Nemours, Inc.
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6.4.6 Archer Daniels Midland Company
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6.4.7 Ashland Global
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- *List Not Exhaustive
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
APAC Food Stabilizers Industry Segmentation
The Asia-Pacific food stabilizer market has been segmented by source into natural and synthetic sources of stabilizers. Natural stabilizers can be further bifurcated into the plant, microbial and animal-sourced food stabilizers. By application, the market is segmented into bakery &
confectionery, dairy, meat & poultry, beverages, sauces & dressings, and others. The geographical segmentation includes countries - China, Japan, India, Australia, Rest of Asia-Pacific.
By Source | |||||
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Synthetic |
By Application | |
Bakery & Confectionery | |
Dairy | |
Meat & Poultry | |
Beverages | |
Sauces & Dressings | |
Others |
By Geography | |
China | |
Japan | |
India | |
Australia | |
Rest of Asia-Pacific |
APAC Food Stabilizers Market Research FAQs
What is the current Asia-Pacific Food Stabilizers Market size?
The Asia-Pacific Food Stabilizers Market is projected to register a CAGR of 5.58% during the forecast period (2024-2029)
Who are the key players in Asia-Pacific Food Stabilizers Market?
Tate & Lyle PLC, Cargill, Incorporated, Ingredion Incorporated, Palsgaard A/S and DuPont de Nemours, Inc. are the major companies operating in the Asia-Pacific Food Stabilizers Market.
What years does this Asia-Pacific Food Stabilizers Market cover?
The report covers the Asia-Pacific Food Stabilizers Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Asia-Pacific Food Stabilizers Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Asia-Pacific Food Stabilizers Industry Report
Statistics for the 2024 Asia-Pacific Food Stabilizers market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Asia-Pacific Food Stabilizers analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.