Global Meat Stabilizers Blends Market Size to Worth USD 3.93 Billion by 2033
According to a research report published by Spherical Insights & Consulting, The Global Meat Stabilizers Blends Market Size is Estimated to Grow from USD 2.23 Billion in 2023 to USD 3.93 Billion by 2033, Growing at a CAGR of 5.83% during the forecast period 2023-2033.
Browse key industry insights spread across 215 pages with 110 Market data tables and figures & charts from the report on the Global Meat Stabilizers Blends Market Size, Share, and COVID-19 Impact Analysis, By Source (Seaweed, Animal, Plant, and Others), By Application (HoReCa, Meat Processing, Pet Food, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033.
The market for substances that help preserve and enhance the quality of meat products is known as the global meat stabilizer blends market. The market is expanding due to the growing demand for processed meat products, especially in developing nations such as China and India. The market is developing as a result of consumers' growing preference for convenience foods and the growing significance of stabilizing agents for enhancing the texture and smoothness of meat products. The demand for natural and organic meat stabilizers is also fueled by consumer health consciousness and the emphasis on food safety. Market expansion is also supported by the growing use of meat stabilizers in the pet food and pharmaceutical sectors. However, the availability and price of meat stabilizers can be impacted by supply chain disruptions caused by problems including delays in transit, shortages of raw materials, and geopolitical unrest.
The animal segment held the largest share of 28.49% in 2023 and is estimated to grow at a CAGR of 3.78% throughout the projection period.
Based on the source, the global meat stabilizers blends market is categorized into seaweed, animal, plant, and others. Among these, the animal segment held the largest share of 28.49% in 2023 and is estimated to grow at a CAGR of 3.78% throughout the projection period. The growing demand for processed meat products, which need efficient stabilizers to preserve quality and shelf life, is one of the causes driving this dominance. In addition, the demand for trustworthy stabilizers has increased due to developments in meat processing technology and the expanding popularity of convenience foods. The segment's impressive performance is also a result of the focus on meat products' smoothness and texture.
The meat processing segment accounted for the largest share in 2023 and is anticipated to grow at a significant CAGR during the forecast period.
Based on the application, the global meat stabilizers blends market is classified into HoReCa, meat processing, pet food, and others. Among these, the meat processing segment accounted for the largest share in 2023 and is anticipated to grow at a significant CAGR during the forecast period. It is anticipated that the rise of the broiler meat sector in developing nations such as Brazil, China, and India will continue to be aided by lower production costs and higher investments in cutting-edge technology.
Asia Pacific is expected to hold the largest share of the global meat stabilizers blends market through the forecast period.
Asia Pacific is expected to hold the largest share of the global meat stabilizers blends market through the forecast period. The growing demand for processed meat products and the region's growing meat processing industry are two of the main drivers of this dominance. Higher rates of consumption are also being influenced by the expansion of the middle class and rising disposable incomes.
Europe is predicted to grow at the fastest CAGR of the global meat stabilizers blends market over the forecast period. The desire for premium meat products and Europe's expanding meat population are expected to drive market expansion. The market's growth is also supported by the region's food industry's rapid expansion, the high demand for food safety and quality, and technological advancements in meat processing.
Company Profiling
Major key players in the global meat stabilizers blends market include DuPont, Cargill, Firmenich International SA, Incorporated, Arthur Branwell, Tate & Lyle, Palsgaard, ADM, Frutarom Israel Ltd, Ashland, ICL Innovation, Cp Kelco, and others.
Recent Developments
- In September 2023, Brenntag SE, a US-based distributor of materials and chemicals, purchased Colony Gums, Inc. for an unknown sum. With the addition of Brenntag's extensive product and solution portfolio, the acquisition is anticipated to enhance and broaden Brenntag's life sciences product and service offerings, particularly in the area of nutrition, and to bring in specialized stabilizer mixes and specific hydrocolloids. Based in the US, Colony Gums Inc. produces stabilizer blends and offers blending services.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the global meat stabilizers blends market based on the below-mentioned segments:
Global Meat Stabilizers Blends Market, By Source
- Seaweed
- Animal
- Plant
- Others
Global Meat Stabilizers Blends Market, By Application
- HoReCa
- Meat Processing
- Pet Food
- Others
Global Meat Stabilizers Blends Market, By Regional Analysis
- North America
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa