HOME Top Market Reports Food Stabilizers (Blends/Systems) Market by Application (Bakery, Confectionery, Dairy, Sauces, Dressings, Meat, Poultry, Convenience, Beverage), by Function (Stability, Texture, Moisture Retention) & by Geography - Global Trend & Forecast to 2018

Food Stabilizers (Blends/Systems) Market by Application (Bakery, Confectionery, Dairy, Sauces, Dressings, Meat, Poultry, Convenience, Beverage), by Function (Stability, Texture, Moisture Retention) & by Geography - Global Trend & Forecast to 2018

By: marketsandmarkets.com
Publishing Date: March 2014
Report Code: FB 2260

 

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Food stabilizers (blend/system) are manufactured by blending two or more hydrocolloids and emulsifiers. The rising popularity for processed food such as ready-to-eat and convenience food has increased the demand for food stabilizers blends from food & beverage manufacturers. The food stabilizer systems market is projected to grow at a CAGR of 4.2% from 2013 to 2018. The market was dominated by Europe that accounted for a value share of about 45% in 2012.

The Asia-Pacific region is estimated to be the fastest growing market for food stabilizer systems from 2013 to 2018. The demand for stabilizer blends in the emerging Asia-Pacific countries such as India and China drives the market with the increasing F&B manufacturers in the region. The economic development in the emerging countries has further increased the consumption of processed food due to the rising disposable income.

The food stabilizers blends has a wide range of applications in the F&B industry. They are used to obtain proper texture, shelf stability, and softness in the food products. The blends are used in beverages to impart volume and mouth feel.

The market was segmented on the basis of blends applications, functions, and geography in terms of both value and volume. The market segments by application include bakery, confectionery, dairy, beverages, meat & poultry, and convenience foods. The market segments for functions of blends include stability, texture, moisture retention, and others. The geographic segmentation includes market value and volume for key countries in North America, Europe, Asia-Pacific, and Rest of the World (ROW).

The report provides a full analysis of key companies and competitive analysis of developments recorded in the industry during the past three years. Market drivers, restraints, opportunities, and burning issues of the market are discussed in detail. The leading players in the market such as DuPont (U.S.), Cargill, Inc. (U.S.), and Tate & Lyle (U.K.) have been profiled in this report.

Stabilizer Blends (Systems) Market Value, by Application, 2012–2018 ($Million)

Functional Stabilizer Blends (Systems) Marke

P - Projected

Source: MarketsandMarkets Analysis

In 2012, the dairy application was the largest market for food stabilizer blends. The market application for convenience food is estimated to grow at the fastest CAGR with its increasing market and popularity in the emerging regions. The key players of food stabilizers systems were recorded to prefer new product launches and expansion strategies to garner a larger share in the market. The leading F&B players are focusing on the emerging countries that are estimated to show potential demand for food stabilizer blends in the near future.

Scope of the Report

This report focuses on the food stabilizer blends market for the F&B industry. The market was segmented on the basis of applications, functions, and geography.

On the basis of applications

  • Bakery
  • Confectionery
  • Dairy & dairy products
  • Sauces & dressings
  • Meat & poultry products
  • Beverages
  • Convenience food
  • Others

On the basis of functions

  • Stability
  • Texture
  • Moisture retention
  • Others (mouth feel, egg replacement, etc.)

On the basis of geography

  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World (ROW)

Customization Options

Company-specific needs can be met by the customization option offered by the MnM assessment. The report can be customized to provide an in-depth analysis and exhaustive industry information for the following considerations:

Market Trend Analysis

  • Detailed impact analysis of stabilizer blends in different applications (bakery & confectionery, meat & poultry products, dairy products)
  • Opportunity mapping for new products (systems for beverages, dairy products, confectionery)

Competitive Intelligence

  • Benchmarking of companies based on revenues, products and location [Cargill, Inc. (U.S.), Tate & Lyle Plc (U.K.), DuPont (U.S.)]
  • Pricing strategy and profitability

Customer-Perception Matrix

  • Experts’ opinion on usage of types of stabilizer blends based on their function (stability, texture, moisture retention) and application
  • Consumer opinions on product trends and acceptance (E-numbers)
  • Detailed analysis of distributors and customers perception to identify gaps

Product Portfolio

  • New product developments and innovations leading to growth in functional stabilizer blends market (blends for beverages)
  • Manufacturing capacities of key players to produce new products
  • Matrix of product - application detailing technical specifications

Periodic Updates

  • Analysis of periodic updates on major trends impacting the market
  • Tracking of changing drivers, restrains, opportunities in the market

Table Of Contents 
 
1 Introduction (Page No. - 18)
  1.1 Key Take-Aways
  1.2 Report Description
  1.3 Markets Covered
  1.4 Stakeholders
  1.5 Research Methodology
      1.5.1 Market Size Estimation
            1.5.1.1 Market Crackdown & Data Triangulation
            1.5.1.2 Assumptions Made For Food Stabilizers Blends Market
            1.5.1.3 Key Data Points Taken From Secondary Sources
            1.5.1.4 Key Data Points Taken From Primary Sources

2 Executive Summary (Page No. - 30)
 
3 Premium Insights (Page No. - 32)
 
4 Industry Analysis (Page No. - 41)
  4.1 Introduction
  4.2 Core Industry Analysis
  4.3 Supply Chain Analysis

5 Market Overview (Page No. - 45)
  5.1 Introduction
      5.1.1 Quality Food Products Drive The Market
  5.2 Market Trends & Insights
      5.2.1 Stabilizer Blends For Food Application
      5.2.2 Natural Variants Of Food Additives
      5.2.3 Focus On Alternate Systems
      5.2.4 Economic Development Of Country Directly Influences The Market

6 Market Analysis (Page No. - 48)
  6.1 Introduction
  6.2 Winning Imperatives
      6.2.1 Introduction Of New Or Customized Food Stabilizers Blends & Systems
            6.2.1.1 Customized Blends & Systems
            6.2.1.2 Exchange Of Global Recipes For Blends & Systems
            6.2.1.3 Demand For Alternatives
      6.2.2 Companies Invest In Expansion Strategy
            6.2.2.1 Product Line Expansion
            6.2.2.2 New Market Expansion
  6.3 Burning Issues
      6.3.1 Fluctuating Prices Of Raw Materials Leading To Uncertainty In The Market
            6.3.1.1 Raw Material Cost
                    6.3.1.1.1 Climatic Changes & Raw Material Price Hike
            6.3.1.2 Energy And Fuel Cost
      6.3.2 Increasing Awareness & Health Consciousness Among Consumers
            6.3.2.1 E-Numbers For Food Additives
  6.4 Market Dynamics
      6.4.1 Drivers
            6.4.1.1 Increasing Demand For Food Stabilizers Blends By F&B Manufacturers
                    6.4.1.1.1 Increasing Population And Economic Development
                    6.4.1.1.2 Shelf Stability And Varied Functions Of Stabilizers
            6.4.1.2 Increasing Consumption Of Convenience & Ready-To-Eat Food
      6.4.2 Restraint
            6.4.2.1 Use Of Alternatives To Blends
      6.4.3 Opportunities
            6.4.3.1 Increasing Population & Potential Food Demand
            6.4.3.2 Changing Lifestyle Of Consumers
            6.4.3.3 Emerging Market Shows Growth Potential
  6.5 Porter’s Five Forces Model
      6.5.1 Degree Of Competition
      6.5.2 Bargaining Power Of Suppliers
      6.5.3 Bargaining Power Of Buyers
      6.5.4 Threat Of Substitutes
      6.5.5 Threat Of New Entrants

7 Stabilizer Blends Market, By Applications (Page No. - 74)
  7.1 Introduction
  7.2 Bakery
  7.3 Confectionery
  7.4 Dairy & Dairy Products
  7.5 Sauces & Dressing
  7.6 Beverages
  7.7 Convenience Food
  7.8 Meat & Poultry Products
  7.9 Other Food Applications
 
8 Stabilizer Blends Market, By Functions (Page No. - 85)
  8.1 Introduction
      8.1.1 North America
      8.1.2 Europe
      8.1.3 Asia-Pacific
      8.1.4 Row
  8.2 Stabilizing Function
  8.3 Texturizing Function
  8.4 Moisture Retaining Function
  8.5 Other Functions
     
9 Stabilizer Blends Market, By Geography (Page No. - 114)
  9.1 Introduction
  9.2 North America
      9.2.1 U.S.
      9.2.2 Canada
      9.2.3 Mexico
  9.3 Europe
      9.3.1 U.K.
      9.3.2 Germany
      9.3.3 France
      9.3.4 Italy
      9.3.5 Spain
      9.3.6 Russia
      9.3.7 The Netherlands
      9.3.8 Rest Of Europe
  9.4 Asia-Pacific
      9.4.1 China
      9.4.2 Japan
      9.4.3 India
      9.4.4 Australia
      9.4.5 Rest Of Asia-Pacific
  9.5 Rest Of The World
      9.5.1 Latin America
      9.5.2 The Middle East
      9.5.3 Rest Of Row
     
10 Competitive Landscape (Page No. - 168)
   10.1 Introduction
   10.2 Competitive Food Stabilizer Blends Market
        10.2.1 Annual Development Strategies
        10.2.2 Leading Companies Active From 2009 To 2013
   10.3 New Product Launch: Most Preferred Strategic Approach
        10.3.1 New Products Actively Launched By Premium Ingredients
   10.4 Key Market Strategies
        10.4.1 Active Developments By Companies To Sustain In The Market
   10.5 Expansion & Investment: The Second Most Preferred Strategy
   10.6 Market Share Analysis
     
11 Company Profiles (Overview, Financials, Products & Services, Strategy, And Developments)*  (Page No. - 179)
   11.1 Advanced Food Systems Inc.
   11.2 Ashland Inc.
   11.3 Cargill, Incorporated
   11.4 Chemelco International Bv
   11.5 E.I. Dupont De Nemours & Company
   11.6 Glanbia Nutritionals
   11.7 Kerry Group
   11.8 Nexira
   11.9 Palsgaard A/S
   11.1 Tate & Lyle Plc *Details On Overview, Financials, Product & Services, Strategy, And Developments Might Not Be Captured In Case Of Unlisted Companies. 

Appendix (Page No. - 226)

Mergers & Acquisitions
New Product Launches
Expansions & Investments
Agreements, Partnerships & Collaborations
 
 
List Of Tables  (107 Tables)
 
Table 1 Food Stabilizers Blends Market Size Estimation
Table 2 Composition Stabilizers In Different Ice Creams
Table 3 E-Number For Common Stabilizers Used In Blends & Systems
Table 4 Food Stabilizer Systems Market Value, By Application, 2011–2018 ($Million) 
Table 5 Stabilizer Blends Market Volume, By Application, 2011–2018 (Kt) 
Table 6 Stabilizer Blends Bakery Application Market Value, By Geography, 2011–2018 ($Million) 
Table 7 Food Stabilizers Blends Bakery Application Market Volume, By Geography, 2011–2018 (Kt) 
Table 8 Stabilizer Blends Confectionery Application Market Value, By Geography, 2011–2018 ($Million)
Table 9 Food Stabilizer Blends Confectionery Application Market Volume, By Geography, 2011–2018 (Kt)
Table 10 Stabilizer Blends Dairy & Dairy Products Application Market Value, By Geography, 2011–2018 ($Million)
Table 11 Stabilizer Blends Dairy & Dairy Products Application Market Volume, By Geography, 2011–2018 (Kt)
Table 12 Food Stabilizers Blends Sauces & Dressing Application Market Value, By Geography, 2011–2018 ($Million)
Table 13 Stabilizer Blends Sauces & Dressing Application Market Volume, By Geography, 2011–2018 (Kt)
Table 14 Food Stabilizers Systems Beverages Application Market Value, By Geography, 2011–2018 ($Million) 
Table 15 Stabilizer Blends Beverages Application Market Volume, By Geography, 2011–2018 (Kt) 
Table 16 Food Stabilizers Blends Convenience Food Application Market Value, By Geography, 2011–2018 ($Million)
Table 17 Stabilizer Blends Convenience Food Application Market Volume, By Geography, 2011–2018 (Kt)
Table 18 Stabilizer Blends Meat & Poultry Products Application Market Value, By Geography, 2011–2018 ($Million)
Table 19 Food Stabilizers Blends Meat & Poultry Products Application Market Volume, By Geography, 2011–2018 (Kt)
Table 20 Stabilizer Blends Other Applications Market Value, By Geography, 2011–2018 ($Million) 
Table 21 Food Stabilizers Blends Other Food Applications Market Volume, By Geography, 2011–2018 (Kt) 
Table 22 Application Of Stabilizer Blends
Table 23 Stabilizer Blends Market Value, By Function, 2011–2018 ($Million) 
Table 24 U.S.: Stabilizer Blends Market Value, By Function, 2011–2018 ($Million) 
Table 25 Canada: Food Stabilizers Systems Market Value, By Function, 2011–2018 ($Million) 
Table 26 Mexico: Stabilizer Blends Market Value, By Function, 2011–2018 ($Million) 
Table 27 U.K.: Food Stabilizer Blends Market Value, By Function, 2011–2018 ($Million) 
Table 28 France: Food Stabilizer Systems Market Value, By Function, 2011–2018 ($Million) 
Table 29 Germany: Stabilizer Blends Market Value, By Function, 2011–2018 ($Million) 
Table 30 Italy: Food Stabilizers Blends Market Value, By Function, 2011–2018 ($Million) 
Table 31 Russia: Stabilizer Blends Market Value, By Function, 2011–2018 ($Million) 
Table 32 Spain: Food Stabilizers Blends Market Value, By Function, 2011–2018 ($Million) 
Table 33 The Netherlands: Food Stabilizer Systems Market Value, By Function, 2011–2018 ($Million) 
Table 34 Rest Of Europe: Stabilizer Blends Market Value, By Function, 2011–2018 ($Million)
Table 35 China: Stabilizer Blends Market Value, By Function, 2011–2018 ($Million) 
Table 36 Japan: Food Stabilizers Systems Market Value, By Function, 2011–2018 ($Million) 
Table 37 India: Stabilizer Blends Market Value, By Function, 2011–2018 ($Million) 
Table 38 Australia: Food Stabilizers Systems Market Value, By Function, 2011–2018 ($Million)
Table 39 Rest Of The Asia-Pacific: Stabilizer Blends Market Value, By Function, 2011–2018 ($Million) 
Table 40 Latin America: Food Stabilizer Blends Market Value, By Function, 2011–2018 ($Million)
Table 41 The Middle East: Food Stabilizers Systems Market Value, By Function, 2011–2018 ($Million) 
Table 42 Rest Of Row: Stabilizer Blends Market Value, By Function, 2011–2018 ($Million)
Table 43 Food Stabilizers Systems Stability Function Market Value, By Geography, 2011–2018 ($Million) 
Table 44 Food Stabilizer Blends Texturizing Function Market Value, By Geography, 2011–2018 ($Million) 
Table 45 Moisture Retention Stabilizer Blends Market Value, By Geography, 2011–2018 ($Million) 
Table 46 Food Stabilizer Blends Other Functions Market Value, By Geography, 2011–2018 ($Million) 
Table 47 Food Stabilizer Systems Market Value, By Geography, 2011–2018 ($Million) 
Table 48 Stabilizer Blends Market Volume, By Geography, 2011–2018 (Kt) 
Table 49 North America: Food Stabilizers Blends Market Value, By Country, 2011–2018 ($Million)
Table 50 North America: Food Stabilizers Systems Market Volume, By Country, 2011–2018 (Kt)
Table 51 U.S.: Stabilizer Blends Market Value, By Application, 2011–2018 ($Million) 
Table 52 U.S.: Stabilizer Blends Market Volume, By Application, 2011–2018 (Kt) 
Table 53 Canada: Food Stabilizers Blends Market Value, By Application, 2011–2018 ($Million)
Table 54 Canada: Stabilizer Blends Market Volume, By Application, 2011–2018 (Kt)
Table 55 Mexico: Food Stabilizers Blends Market Value, By Application, 2011–2018 ($Million) 
Table 56 Mexico: Stabilizer Blends Market Volume, By Application, 2011–2018 (Kt)
Table 57 Europe: Food Stabilizer Systems Market Value, By Country, 2011–2018 ($Million) 
Table 58 Europe: Stabilizer Blends Market Volume, By Country, 2011–2018 (Kt) 
Table 59 U.K.: Stabilizer Blends Market Value, By Application, 2011–2018 ($Million) 
Table 60 U.K.: Food Stabilizers Systems Market Volume, By Application, 2011–2018 (Kt) 
Table 61 Germany: Stabilizer Blends Market Value, By Application, 2011–2018 ($Million)
Table 62 Germany: Stabilizer Blends Market Volume, By Application, 2011–2018 (Kt)
Table 63 France: Food Stabilizer Systems Market Value, By Application, 2011–2018 ($Million) 
Table 64 France: Stabilizer Blends Market Volume, By Application, 2011–2018 (Kt)
Table 65 Italy: Stabilizer Blends Market Value, By Application, 2011–2018 ($Million) 
Table 66 Italy: Food Stabilizers Blends Market Volume, By Application, 2011–2018 (Kt) 
Table 67 Spain: Food Stabilizer Systems Market Value, By Application, 2011–2018 ($Million) 
Table 68 Spain: Stabilizer Blends Market Volume, By Application, 2011–2018 (Kt) 
Table 69 Russia: Stabilizer Blends Market Value, By Application, 2011–2018 ($Million) 
Table 70 Russia: Food Stabilizer Blends Market Volume, By Application, 2011–2018 (Kt)
Table 71 The Netherlands: Stabilizer Blends Market Value, By Application, 2011–2018 ($Million) 
Table 72 The Netherlands: Food Stabilizers Systems Market Volume, By Application, 2011–2018 (Kt) 
Table 73 Rest Of Europe: Stabilizer Blends Market Value, By Application, 2011–2018 ($Million) 
Table 74 Rest Of Europe: Food Stabilizers System Market Volume, By Application, 2011–2018 (Kt) 
Table 75 Asia-Pacific: Stabilizer Blends Market Value, By Country, 2011–2018 ($Million)
Table 76 Asia-Pacific: Food Stabilizers Systems Market Volume, By Country, 2011–2018 (Kt)
Table 77 China: Stabilizer Blends Market Value, By Application, 2011–2018 ($Million) 
Table 78 China: Food Stabilizer System Market Volume, By Applicatiojn, 2011–2018 (Kt)
Table 79 Japan: Food Stabilizers Blends Market Value, By Application, 2011–2018 ($Million) 
Table 80 Japan: Stabilizer Blends Market Volume, By Application, 2011–2018 (Kt) 
Table 81 India: Stabilizer Blends Market Value, By Application, 2011–2018 ($Million) 
Table 82 India: Stabilizer Blends Market Volume, By Application, 2011–2018 (Kt) 
Table 83 Australia: Stabilizer Blends Market Value, By Application, 2011–2018 ($Million)
Table 84 Australia: Stabilizer Blends Market Volume, By Application, 2011–2018 (Kt)
Table 85 Rest Of Asia-Pacific: Stabilizer Blends Market Value, By Application, 2011–2018 ($Million) 
Table 86 Rest Of Asia-Pacific: Stabilizer Blends Market Volume, By Application, 2011–2018 (Kt) 
Table 87 Row: Stabilizer Blends Market Value, By Geography, 2011–2018 ($Million) 
Table 88 Row: Food Stabilizers Systems Market Volume, By Geography, 2011–2018 (Kt) 
Table 89 Latin America: Stabilizer Blends Market Value, By Application, 2011–2018 ($Million) 
Table 90 Latin America: Stabilizer Blends Market Volume, By Application, 2011–2018 (Kt) 
Table 91 The Middle East: Stabilizer Blends Market Value, By Application, 2011–2018 ($Million) 
Table 92 The Middle East: Food Stabilizers Systems Market Volume, By Application, 2011–2018 (Kt) 
Table 93 Rest Of Row: Stabilizer Blends Market Value, By Application, 2011–2018 ($Million)
Table 94 Rest Of Row: Stabilizer Blends Market Volume, By Application, 2011–2018 (Kt) 
Table 95 Advanced Food Systems: Products & Their Descriptions
Table 96 Ashland: Products & Their Descriptions
Table 97 Cargill: Products & Their Descriptions
Table 98 Chemelco: Products & Their Descriptions
Table 99 Dupont: Products & Their Descriptions
Table 100 Glanbia: Products &Their Descriptions
Table 101 Nexira: Products &Their Descriptions
Table 102 Palsgaard: Products & Their Descriptions
Table 103 Tate & Lyle: Products &Their Descriptions
Table 104 Mergers & Acquisitions, 2009
Table 105 New Product Launches, 2009–2013
Table 106 Expansions & Investments, 2010–2013
Table 107 Agreements, Partnerships & Collaborations, 2012–2013


List Of Figures  (39 Figures)
 
Figure 1 Research Methodology
Figure 2 Food Stabilizers Systems Market Size Estimation Methodology
Figure 3 Stabilizer Blends Market Value Share, By Geography, 2012
Figure 4 Stabilizer Blends Market Segmentation
Figure 5 Food Stabilizers Systems Market Value, By Geography, 2013–2018 ($Million) 
Figure 6 Stabilizer Blends Market Value, By Geography, 2012 ($Million) 
Figure 7 Life Cycle For Stabilizer Blends Market, By Geography, 2012–2018 
Figure 8 Stabilizer Blends Market Value, By Application, 2013 ($Million) 
Figure 9 Stabilizer Blends Market Value Share, By Function, 2012
Figure 10 Stabilizer Blends Market Dynamics
Figure 11 Food Stabilizers Systems Market Strategies & Competitive Landscape
Figure 12 Annual Stabilizer Blends Market Development,  By Growth Strategy, 2009–2013
Figure 13 Food Additives In Different Food Applications
Figure 14 Food Additives Market Value Analysis, 2012
Figure 15 Supply Chain Analysis Of Stabilizer Blends
Figure 16 Stabilizer Blends Market Segmentation
Figure 17 Impact Analysis Of Stabilizer Blends Market
Figure 18 Porter’s Five Forces Analysis
Figure 19 Stabilizer Blends Market Value, By Application, 2012 ($Million) 
Figure 20 Functions Of Stabilizer Blends
Figure 21 Stabilizing Function & Application Of Stabilizer Blends
Figure 22 Texturizing Function & Application Of Stabilizer Blends
Figure 23 Stabilizer Blends Market Value, By Geography, 2012
Figure 24 North America: Food Stabilizer Systems Market Value Share, By Country, 2012 
Figure 25 Europe: Stabilizer Blends Market Value Share, By Country, 2012
Figure 26 Asia-Pacific: Stabilizer Blends Market Value Share, By Country, 2012 
Figure 27 Stabilizer Blends Market, By Product & Development Portfolio, 2010–2013
Figure 28 Stabilizer Blends Market Annual Development Strategies, 2009-2013
Figure 29 Stabilizer Blends Annual Development Share, By Company, 2009–2013
Figure 30 Food Stabilizer Systems Market Development Share, By Growth Strategies, 2009–2013
Figure 31 Stabilizer Blends Market New Product Launch Share, By Company, 2009–2013 
Figure 32 Stabilizer Blends Market Developments, By Growth Strategy, 2009–2013
Figure 33 Food Stabilizers Systems Market Development Share, By Company, 2009–2013
Figure 34 Stabilizer Blends Market Expansion & Investment Share, By Company, 2010–2013 
Figure 35 Market Share Analysis Of Stabilizer Blends, By Leading Company, 2012
Figure 36 Ashland: SWOT Analysis
Figure 37 Cargill: SWOT Analysis
Figure 38 Dupont: SWOT Analysis
Figure 39 Kerry: SWOT Analysis

    Food stabilizer blends impart essential aesthetic properties such as improved texture, shape, volume, mouth feel, and softness to the food. The market value for food stabilizers systems application in food is projected to grow at a CAGR of 4.2% from 2013 to 2018. The market growth is attributed to the fact that the demand for processed food has been increasing and blends are essential food additives to maintain the shelf stability of the products.

    Economic development in the emerging markets such as China and India has led to the increase in purchasing power of the consumers. The changing lifestyle and busy schedule has further driven the convenience food market in such countries. Moreover, the leading F&B players have started concentrating in the emerging markets. This has led to an increase in the demand for blends in the region.

    The blends market was segmented on the basis of applications, functions, and geography. The food stabilizers blends application includes bakery, confectionery, dairy, meat & poultry, beverages, and convenience food. The market segmentation on the basis of functions includes stability, texture, moisture retention, and others such as egg replacement. The geographic segmentation of the market includes North America, Europe, Asia-Pacific, and Rest of the World (ROW).

    Stabilizer blends (Systems) market value, by geography, 2012–2018 ($million)

    Functional Stabilizer Blends (Systems) Marke

    P - Projected

    Source: MarketsandMarkets Analysis

    The food stabilizers systems market is projected to grow at a CAGR of 4.2%, with Europe as the largest consumer. The Asia-Pacific region is projected to be the fastest growing market for blends because of the high population base and increasing demand for convenience foods. The leading market players that include DuPont (U.S.), Cargill, Inc. (U.S.), and Tate & Lyle (U.K.) prefer development strategies such as expansion and new product launch to increase their global reach and productivity.

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