According to a recently published research by ESOMAR-certified Future Market Insights (FMI), the worldwide beverage stabilizers market is predicted to reach astonishing heights, owing to the growing incidence of health-enhancing and non-alcoholic beverage consumption.
According to the World Health Organization, excessive alcohol use was responsible for nearly 3 million deaths (or 6% of all deaths) in 2012. As a result, governments all over the world have supported numerous public awareness initiatives aimed at reducing alcohol consumption. As a result, non-alcoholic functional and non-functional beverage sales have increased dramatically.
Since the emergence of COVID-19, there has been a general trend toward drinking health-promoting beverages, which has opened up new revenue streams for beverage stabilizer makers. According to a study, nearly six out of ten customers intended to cut down on unhealthy beverage consumption and adopt a healthier lifestyle to avoid difficulties.
Important Points to Remember
Beverage stabilizers are expected to grow at a positive CAGR through 2030.
Due to increased urbanization and rising income levels, gum Arabic will gain significant ground. India and China will emerge as prospective growth hotspots.
Soft drinks will continue to be the most popular application throughout the projection period.
“Manufacturers are eager to invest in growing economies across Asia-Pacific, particularly due to rising beverage consumption as per capita earnings and living standards rise,” says the FMI analyst.
Competitive Environment
To mention a few, Archer Daniels Midland Company, DuPont, CP Kelco, Ashland Worldwide Holdings Inc., Ingredion Inc., Nexira, Kerry Group, Glanbia Nutritionals, and DSM are all present in the global beverage stabilizers market.
Their key expansion tactics are collaboration, acquisitions, company and product portfolio expansion, and new product releases. Because of expanding food consumption as a result of a fast-growing population, lucrative opportunities await in the emerging globe.
For Information On The Research Approach Used In The Report,
According to a recently published research by ESOMAR-certified Future Market Insights (FMI), the worldwide beverage stabilizers market is predicted to reach astonishing heights, owing to the growing incidence of health-enhancing and non-alcoholic beverage consumption.
According to the World Health Organization, excessive alcohol use was responsible for nearly 3 million deaths (or 6% of all deaths) in 2012. As a result, governments all over the world have supported numerous public awareness initiatives aimed at reducing alcohol consumption. As a result, non-alcoholic functional and non-functional beverage sales have increased dramatically.
Since the emergence of COVID-19, there has been a general trend toward drinking health-promoting beverages, which has opened up new revenue streams for beverage stabilizer makers. According to a study, nearly six out of ten customers intended to cut down on unhealthy beverage consumption and adopt a healthier lifestyle to avoid difficulties.
Important Points to Remember
Beverage stabilizers are expected to grow at a positive CAGR through 2030.
Due to increased urbanization and rising income levels, gum Arabic will gain significant ground. India and China will emerge as prospective growth hotspots.
Soft drinks will continue to be the most popular application throughout the projection period.
“Manufacturers are eager to invest in growing economies across Asia-Pacific, particularly due to rising beverage consumption as per capita earnings and living standards rise,” says the FMI analyst.
Competitive Environment
To mention a few, Archer Daniels Midland Company, DuPont, CP Kelco, Ashland Worldwide Holdings Inc., Ingredion Inc., Nexira, Kerry Group, Glanbia Nutritionals, and DSM are all present in the global beverage stabilizers market.
Their key expansion tactics are collaboration, acquisitions, company and product portfolio expansion, and new product releases. Because of expanding food consumption as a result of a fast-growing population, lucrative opportunities await in the emerging globe.
For Information On The Research Approach Used In The Report, Ask Analyst
