Global Food Stabilizer Market Anticipated to Witness Growth Due to Rise in Demand for Convenience Food Items
The global food stabilizer market comprises various products such as pectin, agar, carrageenan, gelatin, etc that help stabilize food textures and viscosity. These products play a vital role in improving taste, texture, and shelf life of convenience food and beverage products. The rising demand for packed and processed food items among growing population is driving the growth of the food stabilizer market. The increasing consumption of dairy, beverages, confectionery products has created significant opportunities for stabilizer manufactures. The Global food stabilizer market is estimated to be valued at US$ 9.5 Billion in 2024 and is expected to exhibit a CAGR of 6.9% over the forecast period 2023 to 2030. Key Takeaways Key players operating in the food stabilizer market are BASF SE, Cargill Inc., Celanese Corporation, Chr. Hansen A/S, DuPont, JEY'S F.I. INC, Kerry Group, Koninklijke DSM N.V, and The Archer Daniels Midland Company. These major players are focusing on new produc