Summary

Europe food stabilizers market is projected to grow at a CAGR of 4.39% during the forecast period (2020-2025).

Key Highlights
The increasing consumption of ready-to-eat and ready-to-drink beverages has propelled the application of food stabilizers in the European market. The market is further boosted by the burgeoning demand for convenience food and organic food across the region.
Technological advancements have led to the development of various stabilizer blends, which are not only multi-functional but also cost-effective at the same time. Thus, driving to the varied application of the ingredient.
Continuous innovations in the food stabilizer market are anticipated to offer potential opportunities to manufacturers operating in the region.
The varying regulations pertaining to the approval of food stabilizer ingredients and the restrictions associated with the amount and dosage of ingredients in the final product are restraining the market growth.


Key Market Trends

Increasing Demand for Convenience Foods

The rising economy of the region has led to a hectic lifestyle of the European population. The consumers in the region are more inclined toward convenience food products, including instant soups, sauces, noodles, baked goods, and other ready meals, owing to their instant nature, i.e., lesser preparation time and easy handling. Food stabilizers make up a very small part of the final product, but they have a significant impact on the final packaged product. Products, ranging from fat-free dressing, low-fat mayonnaise, sauces, processed meat products, etc., require a broad variety of functional ingredients to provide optimization in terms of stability, creaminess, shelf-life, viscosity, and water absorption, among others. Thus, food sectors such as bakery, confectionery, and prepared food are likely to procure more food stabilizers, thus driving the market growth.

Pectin Holds Significant Share of the Market

Pectin can be used as a thickener, stabilizer, and emulsifier. It is a reversible colloid. The use and composition of pectin are regulated under food additive law in various countries. In the European Union, pectin is approved for use in accordance with Regulation (EC) 1333/2008 on food additives which leads to gaining consumer trust in the final products, especially it is used in the production of jams, as a stabilizing agent. European consumers are more inclined towards natural ingredients in their food products. Moreover, commercially pectin is prepared from citrus fruit pulp or from papaya, guava, and other fruits and it is an extracted and polished peel of grapefruit, lemons, oranges, apples, and other fruits, which makes it a natural source of food stabilizers. Thus, driving the demand in the region.

Competitive Landscape

The market is fragmented with many global players trying to gain a competitive advantage over the Europe market through various factors like innovation, design, etc. Rapid expansions of the global players to the European regions is the key strategy for the players in the food stabilizer market. Moreover, the companies operating in the market manage to adapt their strategies to augment their share in the market studied. The market is dominated by the International players such as Cargill, Tate and Lyle and other prominent players.

Additional Benefits:

The market estimate (ME) sheet in Excel format
3 months of analyst support

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