The global meat stabilizers blends market is on a positive growth trajectory, with growth projected to observe an impressive rate of 7.8% during the forecast period (2020-2030), according to a market study by Future Market Insights (FMI). Factors predominantly fueling the growth are growing awareness regarding stabilizing agents in improving the texture and smoothness of the finished goods, coupled with the expansion of the meat industry.

However, the market is passing through a turbulent period on the back of a perception among consumers that coronavirus spreads through meat. Moreover, North America – the leading regional market – being severely hit by the pandemic, is witnessing a change in consumer behavior.

“North America, Europe and Asia are witnessing more or less similar conditions during this global pandemic. The revenue of market could take a severe hit in the immediate future,” says the report.

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The market however may enter into a tough period as the world grapples under the spread of coronavirus or COVID-19. Overall meat consumption is likely to reduce due to rumours linking it to the spread of coronavirus. The market might have to a take a blow due to these unforeseen events.

Segmental Highlights

• Animal & synthetic sources segment is expected to hold the lion’s share, owing to applications as emulsifiers, clarifiers, nutritional components, and color additives.
• Fruits & vegetable ingredients segment is growing at a relatively higher rate than other sources, owing to rising adoption in end-use industries.
• Food & beverage industry will contribute to substantial revenue opportunities on the back of growing demand for bakery products, meat, and snacks, among other food products that utilize stabilizer blends.
• North America will remain the leading regional market, accounting for 1/3rd of overall market share, on the back of increased consumption of meat products such as hot dogs, bacon, and ham, coupled with high usage in beef and poultry industries in the region.
• Europe is projected to witness a spike in sales due to the growing demand for processed meat in the region.
• The Asia Pacific is projected to grow its market share at a higher rate compared to other regions on the back of large-scale production of meat products such as beef, pork, and poultry, coupled with booming food processing industries in countries such as India, Vietnam, and Pakistan.

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Rising Consumption of Organic Food Will Boost Growth

Meat stabilizers help to improve the texture of meat products by providing smoothness and improving colour. These blends are used extensively in developing economies such as India and China due to the rising demand for broiler meat there. Meat stabilizer blends are also used in commercial applications such as hotel kitchens and restaurants. Higher amounts spent in eateries and dining places among millennials are expected to support market growth.

Analyst’s viewpoint:

Increased consumption of processed food, multi-functionality of food stabilizers, and the growth in the use of natural ingredients on the back of consumer awareness about healthy diet are the factors giving a boost to the market growth. However, changing consumer preferences as a result of a pandemic is likely to hinder the demand.

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Table Of Content:

1. Executive Summary

1.1. Global Market Outlook

1.2. Demand Side Trends

1.3. Supply Side Trends

1.4. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

3. Key Market Trends

3.1. Key Trends Impacting the Market

3.2. Product Innovation / Development Trends

4. Key Success Factors

4.1. Product Adoption / Usage Analysis

4.2. Product USPs / Features

5. Global Beverage Stabilizers Market – Pricing Analysis

5.1. Regional Pricing Analysis

5.2. Global Average Pricing Analysis Benchmark

6. Global Beverage Stabilizers Market Demand (in Value or Size in US$ Mn) Analysis 2015-2019 and Forecast, 2020-2030

6.1. Historical Market Value (US$ Mn) Analysis, 2015-2019

6.2. Current and Future Market Value (US$ Mn) Projections, 2020-2030

6.2.1. Y-o-Y Growth Trend Analysis

6.2.2. Absolute $ Opportunity Analysis