Beverage Stabilizer Market to Hit $1,938.2 Million by 2025

AMR team is working exclusively on COVID-19 impact on various Beverage Stabilizers market. The COVID-19 update is in progress and our research team is doing primary research activity to find out the revised growth curve of across all the industries at country level. Conducting an exclusive study keeping COVID-19 in mind would help client to interpret the economic impact in near-terms of and long term future. AMR research team is also tracking the changing dynamics of Beverage Stabilizers industry along with its immediate impact on the market.

Beverage Stabilizers market was pegged at $1.36 billion in 2018 and is estimated to reach $1.94 billion by 2025, registering a CAGR of 6.1% from 2018 to 2025.

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Rise in a number of quick service restaurants (QSRs), the surge in consumption of packaged and convenience goods, and rapid developments in the food & beverage industry are the major factors that drive the growth of the global beverage stabilizers market. However, fluctuating prices of raw materials hamper the market growth. On the contrary, growth in functional beverages consumption is projected to create remunerative opportunities in the near future.

The global beverage stabilizers market is segmented on the basis of product type, beverage type, and geography. Based on product type, the market is categorized on the basis of gum Arabic, carboxymethyl cellulose, xanthan gum, carrageenan, pectin, and others. The xanthan gum segment held the largest share in 2018, accounting for more than one-fourth of the market and is projected to manifest the fastest CAGR of 6.6% through 2025.

On the basis of beverage type, the market is divided into fruit drinks, dairy beverages, soft drinks, alcoholic beverages, and others. The soft drinks segment held the lion's share in 2017, contributing nearly three-tenths of the market and is estimated to maintain its dominance throughout the market. However, the other beverages segment is estimated to register the fastest CAGR of 7.5% during the forecast period.

The global beverage stabilizers market is analyzed across various regions such as North America, Europe, Asia-Pacific, and LAMEA. The market across the Asia-Pacific region dominated the market in 2017 and is projected to continue its trend through 2025, owing to rapid advancements in retail infrastructure that enables the production of packaged goods.

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Major Players: Cargill, Archer Daniels Midland Company, Ashland Global Holdings Inc., Incorporated, CP Kelco, DowDuPont Inc., Ingredion, Inc., Kerry Group, Palsgaard A/S, Tate & Lyle Plc., and Royal DSM.

Key Findings of the Beverage Stabilizer Market:

o Based on product type, the xanthan gum segment was the largest contributor to the beverage stabilizer market, in 2018, and is expected to grow at the highest CAGR of 6.6% from 2018 to 2025.
o Based on beverage type, the soft drinks segment was the highest contributor to the market in terms of value in 2018 and is estimated to grow at a CAGR of 4.0% from 2018 to 2025.
o Based on beverage type, the others segment is expected to grow at the highest CAGR of 7.5% from 2018 to 2025.
o Based on product type, pectin accounted for 23.4% of the beverage stabilizer market share in 2018 and is estimated to grow at a CAGR of 5.9%.

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