Beverage Stabilizer Market By Product Type (Gum Arabic, Carboxymethyl Cellulose, Xanthan Gum, Carrageenan), Application(Fruit Drinks, Dairy Beverages, Soft Drinks) & Region - Forecast to 2020 - 2030
Beverage Stabilizer Market - Analysis, Outlook, Growth, Trends, Forecasts
- November 2020
- 315 pages
- Food and Beverage
As the COVID-19 pandemic rages on, consumers are changing their food & beverage consumption habits. The trend of healthy eating and drinking has prompted manufacturers to introduce innovative combinations offering enhanced taste as well as health benefits, thus accelerating prospects of beverage stabilizers eventually.
Since the pandemic’s outbreak, alcohol consumption witnessed a substantial decline, with around 14 million U.K citizens ceasing consumption in the previous quarters, leading to an upswing in healthy beverage consumption. Avrox Technologies, a prominent UK beverage company, has especially witnessed climbing sales of its EI8IIT Energy beverage.
Updated Regulatory Provisions
Rising incidences of beverage adulteration and contamination have compelled governments to enforce stringent regulations to ensure availability of good quality beverages, thus heightening usage of stabilizers in various alcoholic and non-alcoholic drinks in recent years.
In 2019, the Food Safety and Standards Authority of India (FSSAI) published a draft document for the regulation of ethyl alcohol content in alcoholic beverages. According to Regulation 1.3.2, the tolerance limit for alcohol must be around 0.3% for up to 20% ABV and 1.0% for over 20% ABV.
To achieve this regulation, sales of alcoholic beverage stabilizers have witnessed a steady increase. For example, Gujarat Enterprise, a prominent West Indian manufacturers, offers stabilizer solutions for cocktail formulations, besides carbonated beverages and other non-alcoholic drinks.
Xanthan Gum Holds Maximum Sway
Based on product type, xanthan gum is likely to find maximum application across beverage formulations. Numerous manufacturers are specializing in xanthan gum production, attributed to its ability to enhance longevity of food & beverage products. DuPont is a prominent xanthan manufacturer, marketing the GRINDSTED ® Xanthan product line.
Simultaneously, gum Arabic is surging in popularity, expected to expand at a steady growth rate in the short and long-term forecasts. The product is highly preferred due to its natural origin. Norevo is a prominent gum Arabic manufacturers, marketing the Quick Gum product line which offers highly efficient suspending, stabilizing and emulsifying properties.
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Soft Drinks to Remain Primary Application Area
While reliance on alcoholic beverages is declining, consumption of soft drinks and aerated beverages has remained consistent. However, certain shifts are evident within the soft drinks industry. For instance, nearly 2 out of 5 soft drink sales are sugar free, keeping in mind increased health consciousness.
In Australia, for instance, per capita sales of water-based, non-alcoholic and sweetened beverages increased by 14% until 2018. As a result, demand for stabilizers across the soft drinks segment is witnessing a credible increase. Likewise, other functional beverages are also surging in popularity, owing to rising emphasis on good health.
Asia-Pacific to be Key Revenue Engine
Lucrative growth opportunities exist across the Asia-Pacific region, with India & China representing maximum potential. According to estimates, India’s per-capita soft drink consumption is expected to rise twofold, reaching 84 bottles annually by 2021. Rapid urbanization has eroded the rural-urban consumer gap, the former more willing to spend on consumer goods.
Also, China is one of the fastest growing beverage markets in the world, becoming the largest in 2015. Until 2014, the East Asian giant yielded over 30% revenue share, with prominent manufacturers establishing their production facilities. From 2015-2017, Coca Cola invested US$ 4 billion to expand its customer outreach.
Beverage Stabilizers Market- Prominent Players
The global beverage stabilizers market is composed of the following prominent vendors*:
- Archer Daniels Midland Company
- Ashland Global Holdings Inc.
- Cargill Incorporated
- CP Kelco
- Ingredion Inc.
- Kerry Group
- Palsgaard A/S
- Tate & Lyle Plc
- Glanbia Nutritionals
- W.R Grace & Co.
- Advanced Food Systems Inc.
*This list is indicative- full details about the beverage stabilizer players is available upon request.
These players rely on portfolio expansions, extension of business facilities, collaborations, partnerships, product launches and acquisitions. Furthermore, these manufacturers are tapping growth potential across developing economies in order to secure a broad customer base.
Beverage Stabilizers Market- Report Scope
Historical Data Available for
US$ Mn for Value
Key Regions Covered
North America, Latin America, Europe, South Asia, East Asia, Oceania and Middle East & Africa
Key Countries Covered
U.S, Canada, Mexico, Brazil, Germany, Italy, France, U.K, Spain, Russia, BENELUX, Nordics, Poland, China, Japan, South Korea, India, Thailand, Indonesia, Malaysia, Australia, New Zealand, GCC, Turkey & South Africa
Key Segments Covered
Product Type & Application
Key Companies Profiled
Archer Daniels Midland Company, Ashland Global Holdings Inc., Cargill Incorporated, CP Kelco, DuPont, Ingredion Inc., Kerry Group, Palsgaard A/S, Tate & Lyle Plc, DSM, Actaris, Glanbia Nutritionals, Nexira, W.R Grace & Co., Advanced Food Systems Inc., Chemelco International BV, Lanxess Deutschland GmbH, Silvateam S.p.A., TIC Gums & Brisan Group.
Market Overview, Key Market Trends, Key Success Factors, Demand Analysis, Market Background, COVID-19 Impact Analysis, Segmental Overview, Regional Profiling, Market Structure Analysis & Competition Analysis
Customization & Pricing
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BEVERAGE STABILIZER MARKET TAXONOMY
- Gum Arabic
- Carboxymethyl Cellulose
- Xanthan Gum
- Fruit Drinks
- Dairy Beverages
- Soft Drinks
- Alcoholic Beverages
- North America (U.S & Canada)
- Latin America (Brazil, Mexico & Rest of Latin America)
- Europe (Germany, Italy, France, Spain, U.K., BENELUX, Nordics, Russia, Poland & Rest of Europe)
- South Asia (India, Thailand, Malaysia, Indonesia & Rest of South Asia)
- East Asia (China, Japan & South Korea)
- Oceania (Australia & New Zealand)
- Middle East & Africa (GCC, Northern Africa, South Africa, Turkey & Rest of MEA)