Market Size in 2021 | Market Forecast in 2028 | CAGR (in %) | Base Year |
---|---|---|---|
USD 2.35 Billion | USD 3 Billion | 3.61% | 2021 |
FrequentlyAsked Questions
The global food stabilizers (blends & systems) market is expected to benefit from the highly efficient output provided by food stabilizers in maintaining or enhancing food textures, even when stored for a longer time. Even without any technological growth in this sector, food stabilizers have been into existence in various forms like in the preservation of pickles and other packaged food.
According to study, the global food stabilizers (blends & systems) market size was worth around USD 2.35 billion in 2021 and is predicted to grow to around USD 3 billion by 2028 with a compound annual growth rate (CAGR) of roughly 3.61% between 2022 and 2028.
The global food stabilizers (blends & systems) market is expected to witness the highest CAGR in North America due to the extremely high-valued food & beverage sectors of the United States, Canada, and Mexico. The US is ranked number one in terms of the largest food exporters in the world.
The global food stabilizers (blends & systems) market is led by players like DuPont de Nemours, Inc., Cargill, Incorporated Ingredion Incorporated, Tate & Lyle PLC, Ashland Global Holdings Inc, Archer Daniels Midland Company, Kerry Group plc, Palsgaard A/S, DowDuPont, BASF SE, CP Kelco, Hydrosol GmbH & Co. KG, Corbion N.V., Nexira SAS, Koninklijke DSM N.V.
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