Wednesday, 28 August 2019

Emulsion Stabilizer for Beverages Market: Latest Innovations, Drivers and Key Industry Stratergies 2018 – 2028

Global consumption of emulsion stabilizer for beverages is foreseen to surpass 210,000 MT in 2018, up from nearly 200,000 MT in 2017, as per Fact.MR valuation.  The emulsion stabilizer for beverages market is poised to grow at a moderate CAGR of 4% during the forecast period 2018-2028.

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Buoyancy in the global food and beverage industry is likely to contribute to the steady growth of the emulsion stabilizers for beverages market. Owing to the presence of a huge number of small market players, the marketplace remains highly fragmented. Fact.MR estimates that the emulsion stabilizer for beverages market will surpass US$ 1.8 Billion by the end of 2028.

Apart from their popular use as an emulsifier, F&B sector uses emulsion stabilizers for multiple functions such as texture integrity, viscosity modifications, and taste preservation. Owing to their high vulnerability to spoilage, beverage industry highly consumes emulsion stabilizers.

Fact.MR shows that gum acacia remains the highly preferred emulsion stabilizer among beverage manufacturers owing to over 3-fold price difference when compared with other counterparts such as pectin, gellan gum and carrageenan. Global consumption of gum acacia is expected to reach nearly 105,000 MT and account for about 35% of the total consumption by 2028.

The Fact.MR study opines that application of emulsion stabilizers remains highly concentrated in the UTH soy beverages and dairy beverages wherein emulsion stabilizers are used for their stability under low pH and high-temperature treatments.

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Beverage manufacturers persistently seek beverage formulators for establishing commercial formulations of beverages which can be easily reproduced for mass production. The emulsion stabilizer marketplace continues to witness demand for individual stabilizers and blends or mix of stabilizers.

In a bid to optimize raw material cost, beverage manufacturers seek stabilizer blends wherein better performance is obtained by mixing properties of premium and low-cost stabilizers. Demand for individual and stabilizer blends remains highly concentrated in the carbonated soft drinks.

The Fact.MR study opines that carbonated soft drinks will continue to register leading demand for emulsion stabilizers. By 2028, carbonated soft drinks are expected to hold over 28% of the market revenue. Plant-based beverages are projected to report the second largest demand for emulsion stabilizers and, with demand likely to reach nearly 70,000 MT by 2028 end.

RTD tea/coffee are expected to register rapid expansion with over 5% CAGR during the forecast period. Rising sales of ready-to-drink beverages among millennials, evolving consumer pallet and longing for innovation can be attributed to rapidly growing demand for emulsion stabilizers in RTD tea/coffee.

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Foraying into the clean label venture is another prominent strategy adopted by emulsion beverage manufacturers. DowDuPont launched clean label GRINDSTED GELLAN MAS 100 a gelling ingredient for beverage manufacturers to produce clean label soy, almond and other plant-based beverages.

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