“The Asia-Pacific food and beverages stabilizers and systems market is estimated to grow at a CAGR of 5.2% from 2014 to 2019. The Asia-Pacific market is lagging behind the European and Asia-Pacific food and beverages stabilizers and systems because of lack of infrastructure, storage facilities, advanced logistics, and transportation systems, which lead to substantial wastage of agro-produce, adversely affecting farmers and food additive manufacturers.
In this report, the Asia-Pacific food and beverages stabilizers and systems market has been broadly discussed by applications such as bakery, confectionery, dairy, sauces, dressing meat, poultry, convenience food, and beverages. The application of food stabilizers blends in convenience food is estimated to grow at the highest CAGR from 2014 to 2019. The in-depth analysis of food and beverages stabilizers and systems market by function such as stability, texture, and moisture retention has been provided in this report.
China is the largest food stabilizer blends market among Asia-Pacific countries with a market share of 37.77%, followed by Japan and India. China is also projected to grow at the highest CAGR for the estimated period. The major factors driving the growth in the Chinese market are the increasing population and rapid expansion of the processed food market.
Tate & Lyle (U.K.) held a major chunk in the Asia-Pacific market in terms of market share. Other firms such as Royal DSM (The Netherlands), Cargill Inc. (U.S.), DuPont (U.S.), and Kerry (Ireland) are also competing in this region. These companies are developing market strategies, such as mergers and acquisitions, joint ventures, new product development, and expansions to increase their market share in the Asia-Pacific food and beverages stabilizers and systems market.
