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Tuesday, April 11, 2023

Lucintel Forecasts Stabilizers in the Food Additives Market to Reach $5.5 Billion by 2028

According to the recent study the stabilizers in the food additives market is projected to reach an estimated $5.5 billion by 2028 from $4.0 billion in 2023, at a CAGR of 6.5% from 2023 to 2028. Growth in this market is primarily driven by increasing consumption of ready-to eat snacks along with rising demand for preserving foods for longer period of time.

A more than 150-page report is developed to understand trends, opportunities and forecast in stabilizers in the food additives market by product (pectin, agar, gelatin, xanthan gum, carrageenan, and guar gan), application (bakery & confectionery, beverages, dairy & frozen products, poultry & sea food products), and region (North America, Europe, Asia Pacific, and the Rest of the World).

Download sample report by clicking on below link 

https://www.lucintel.com/stabilizers-in-food-additives-market.aspx

“Pectin market is expected to remain the largest segment during the forecast period.”

Based on product type, the stabilizers in the food additives market is segmented into pectin, agar, gelatin, xanthan gum, carrageenan, and guar gan. Lucintel forecasts that the pectin market is expected to remain the largest segment as it is used in variety of food products, such as milk drinks, fruit juices, sweets, and dessert fillings.

“Within the stabilizers in the food additives market, the bakery & confectionery segment is expected to remain the largest application.”

Based on application the bakery & confectionery segment is expected to witness the highest growth over the forecast period as it helps in enhancing the texture and volume of baked goods, which results in increasing the usage of food additives in various bakery and confectionery products.

“Asia pacific will dominate the stabilizers in the food additives market in near future.”

APAC will remain the largest region due to the changing lifestyle that has increased customer's spending on high-quality food products.

Download Brochure of this report by clicking on https://www.lucintel.com/stabilizers-in-food-additives-market.aspx.

Major players of stabilizers in the food additives market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Cargill, DowDuPont, Tate & Lyle, Kerry, ADM, BASF, Nexira, and CP Kelco are among the major stabilizers in the food additives providers.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/stabilizers-in-food-additives-market.aspx  or helpdesk@lucintel.com.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. For further information, visit www.lucintel.com.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email:
roy.almaguer@lucintel.com
Tel. 972.636.5056

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