Beverage Stabilizers Market report categorizes the Global Market by Application (Fruit Drinks, Dairy Products, and Soft Drinks), Type (Xanthan Gum, Carrageenan, Gum Arabic, and CMC), Function (Stabilization, Texturization, and Viscosification), and Region. The global beverage stabilizers market was valued at USD 110.9 million in 2017 and is projected to reach USD 153.8 million by 2023, at a CAGR of 5.6% from 2018. The key drivers for the market’s growth are the rise in beverage consumption, the multi-functionality of beverage stabilizers, and the increase in the use of natural ingredients in foods due to increasing consumer awareness about healthy diets. However, adherence to international quality standards and regulations for beverage additives such as stabilizers and the fluctuation of raw material prices act as restraints for the market’s growth. Innovation in technology and emerging applications using customized stabilizer blends are significant growth opportunities for the market.
Objectives of the study are as follows:
- To define, segment, and measure the beverage stabilizers market with respect to its type, application, function, and region
- To provide detailed information about the major factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges)
- To analyze the complete value chain and supply chain of beverage stabilizers
- To analyze the opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders
- To profile the key players and comprehensively analyze their core competencies
- To analyze the competitive developments-new product developments, mergers & acquisitions, investments, expansions, joint ventures, collaborations, and supply contracts-in the beverage stabilizers market
- To profile the key beverage stabilizers companies with respect to the business overview, recent financials, segmental revenue mix, geographic presence, and information about the products & services
Research Methodology
This report includes estimations of the market size in terms of value (USD million) and volume (KT). The top-down and bottom-up approaches have been used to estimate and validate the size of the beverage stabilizers market and to estimate the size of various other dependent submarkets in the overall market. The key players in the market have been identified through secondary research; some of these sources are press releases, paid databases such as Factiva and Bloomberg, annual reports, and financial journals, ICBA (International Council of Beverage Associations), Food and Agricultural Organization (FAO), American Beverage Association (ABA), and Global Food & Beverage Association (GFBA); their market share in respective regions have also been determined through primary and secondary research processes. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources. The figure below shows the breakdown of profiles of industry experts that participated in primary discussions.
