Beverage Stabilizers: Solution for Preventing Degradation in Beverages
What are the Various Functions of Beverage Stabilizers?
Beverage stabilizers are referred to as the additives that help in preventing degradation in beverages. The other functionalities of beverage stabilizers include preventing sedimentation and adding viscosity to improve consistency and enhance the flavor of a beverage. Some of the commonly used beverage stabilizers include pectin, carrageenan, modified starch, and modified starch, among others.
Soft Drinks Expected to Play a Crucial Role in the Growth of the Beverage Stabilizers Market
The soft drinks segment is one of the most important beverage types for beverage stabilizers. The increasing consumption of aerated drinks across the world is one of the most prominent factors aiding the growth of the segment. The growth in the demand for soft drinks has been substantial in recent years. For instance, the per capita consumption of soft drinks in India is expected to reach 84 bottles in 2021 as against 44 bottles in 2016. Fruit drinks expected to be another major segment to use beverage stabilizers in the coming years.
Asia Pacific Beverage Stabilizers Industry Outlook
The demand for beverage stabilizers has increased significantly in recent years. The contribution of the Asia Pacific in this context has been substantial. Busy lifestyle, coupled with changing food habits, have led to the increasing demand for convenience food in the region. Moreover, in recent years, the rising no. of quick-service restaurants and fast-food restaurants, especially in countries such as India and China, is contributing to the beverage stabilizers market growth. For instance, in India, QSRs are very popular in urban areas. The fact that India’s urban population is expected to increase to 52 crores by 2020 from 34 crores in 2017 will play a prominent role in the beverage stabilizer market growth in the country.
Increasing demand for convenience foods is one of the most prominent factors driving the beverage stabilizers market growth. Changing lifestyle, coupled with changing food habits, are the primary factors driving this growth. Moreover, the rising number of quick-service restaurants (QSRs) across the world is another important factor driving the beverage stabilizers market. Beverage stabilizers are used by QSRs and fast-food restaurants to improve the visual appeal and at the same time prolong the shelf life of food item. These factors are contributing to the growth of the beverage stabilizers market.
Key Companies Outlook
The manufacturers in the beverage stabilizers industry to thrive in the competitive market are adopting multiple strategies. Mergers and acquisitions are among the most common strategies adopted by the players operating in the market. For instance, recently, MidOcean Partner acquired Florida Food Products (“FFP” or the “Company”), a leading manufacturer of natural and clean label ingredients. This strategy will help the company to expand its product offerings and customer base in current and new markets. Some of the leading players operating in the market include Ashland Global Holdings, Inc., Archer Daniels Midland Company, CP Kelco, Cargill, Incorporated, Ingredion, Inc., DowDuPont Inc., Kerry Group, Ingredion, Inc., Royal DSM, Palsgaard A/S, and Tate & Lyle Plc. among others. The beverage stabilizer’s top 10 companies are competing amongst themselves to improve their beverage stabilizers market share.