Power to the plant:
The Plant segment is dominating the food stabilizers (blends & systems) market with a share of 35.30%.
The food stabilizers extracted from plants hold high importance and there is a high demand for natural food additives in developed countries. Plant-based stabilizers are preferred owing to their nutritional values and they are also used in organic food products.
Clean label movement:
The clean-label trend represents an opportunity for natural additives and foodstuffs with the colorant, antioxidant, preservative, thickening, or emulsifying properties.
Tapping into texture:
Texturizing segment is growing with the highest CAGR of 7.89% over the forecast period. Seven in 10 (70%) of consumers say the texture gives food and beverages a more interesting experience. In particular, younger consumers agreed more with the statement, “I care more for the texture experience than for the ingredient list of a food product.”
Dairy is on the rise:
Dairy & dairy products segment dominated the market, Due to the rising consumption rate of functional food and economic development in the emerging economies.
Fastest-growing Asia-Pacific Area:
The Asia-Pacific area is expected to be the fastest-growing food stabilizer(blends systems) market for the next five years. Owing to the increase in population, rise in disposable income, reforms in food preferences, and increase in demand for convenience food.