Beverage Stabilizers Market Segmentation, Driving Factors and Leading Players
The market for beverage stabilizers is estimated at USD 117.1 million in 2018, and it is projected to grow at a CAGR of 5.6% to reach a value of USD 153.8 million by 2023. 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 the growth in 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. Download PDF Brochure The beverage stabilizers market is segmented on the basis of function, application, type, and region. The functions of beverage stabilizers include stabilization, texturization, viscosification, and others such as ...