South America Food Stabilizers Market Size
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 5.54 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
South America Food Stabilizers Market Analysis
South America food stabilizers market is anticipated to witness a CAGR of 5.54% during the forecast period (2020-2025).
- The market is mainly driven by the increase in the growth of the health consciousness of consumers in the region which has inflated the demand for processed foods that incorporate stabilizers to maintain consistency over a prolonged period.
- The natural segment holds a prominent share owing to the rise in the awareness regarding several diseases that can develop due to the over or frequent consumption of synthetic stabilizers.
- The progressing dairy sector in the region is expected to show continuous growth due to rapid industrialization and advancement of society, aided by technology.
South America Food Stabilizers Market Trends
This section covers the major market trends shaping the South America Food Stabilizers Market according to our research experts:
Bakery and Confectionery Sector is Likely to Foster the Market Growth
Growing preference for specialized and customized blends by confectionery and bakery products manufacturers is driving demand for food stabilizers in the regions. Also, the demand for natural ingredients in the confectionery and bakery industry has increased, owing to the spread of awareness regarding the ill-effects of over-consumption of synthetic ingredients. The booming demand for functional foods in the category has influenced the ingredient buying behavior of the FMCG industries and it is expected to drive the demand for natural stabilizers in the country.
Brazil is the largest Market for Food Stabilizers
Brazil is South America's largest economy and has the highest population, maximum GDP, and the greatest number of trades in South America. Hence, it provides a good opportunity for the ingredient manufacturers to offer their products to the freshly blooming local industries and establish a strong consumer base in the Brazilian market. Additionally, the extensive number of domestic manufacturers of palm oil (which is a stabilizer for peanut butter) further pump the market growth. The speeding meat-alternative industry in the country is also a major segment of potential, along with the well-established processed meat sector in the country. Thus, to evaluate the overall industrial scenario in the country to cater to the demands of both the local population and the trade requirements, the food stabilizer market is likely to witness significant growth over the forecast period.
South America Food Stabilizers Industry Overview
The South America food stabilizers market is fragmented, owing to the presence of global and regional players in the different countries of the region. Emphasis is given on the merger, expansion, acquisition, and partnership of the companies along with new product development as strategic approaches adopted by the leading companies to boost their brand presence among consumers. The global giants are expanding their businesses by strengthening their distribution network in the region to cater to the inflated demand for various food applications, as well as for other industrial uses. Moreover, Argentina and Colombia pose a major opportunity for the industry with the evolving societies in the countries. Few of the major players in this market include Cargill Incorporated, Archer Daniels Midland Company, DuPont, Ingredion Inc., and Advanced Organic Materials S.A.
South America Food Stabilizers Market Leaders
-
Cargill Inc.
-
DuPont de Nemours, Inc.
-
Archer Daniels Midland Company
-
Ingredion Inc
-
AOM SA
*Disclaimer: Major Players sorted in no particular order
South America Food Stabilizers Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Deliverables
- 1.2 Study Assumptions
- 1.3 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
- 3.1 Market Overview
4. MARKET DYNAMICS
- 4.1 Market Drivers
- 4.2 Market Restraints
-
4.3 Porter's Five Forces Analysis
- 4.3.1 Threat of New Entrants
- 4.3.2 Bargaining Power of Buyers/Consumers
- 4.3.3 Bargaining Power of Suppliers
- 4.3.4 Threat of Substitute Products
- 4.3.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
-
5.1 By Source
- 5.1.1 Natural
- 5.1.2 Synthetic
-
5.2 By Application
- 5.2.1 Bakery and Confectionery
- 5.2.2 Dairy
- 5.2.3 Meat and Poultry
- 5.2.4 Beverages
- 5.2.5 Sauces and Dressings
- 5.2.6 Others
-
5.3 By Country
- 5.3.1 Brazil
- 5.3.2 Argentina
- 5.3.3 Rest of South America
6. COMPETITIVE LANDSCAPE
- 6.1 Most Active Companies
- 6.2 Most Adopted Strategies
- 6.3 Market Share Analysis
-
6.4 Company Profiles
- 6.4.1 Cargill Inc.
- 6.4.2 DuPont de Nemours, Inc.
- 6.4.3 Archer Daniels Midland Company
- 6.4.4 Ingredion Inc
- 6.4.5 AOM SA
- 6.4.6 Meridional TCS
- 6.4.7 Bunge Limited
- 6.4.8 Fismer Lecithin
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
** Subject To AvailablitySouth America Food Stabilizers Industry Segmentation
South America food stabilizers market is segmented by source into natural and synthetic types. Based on the application, the market is segregated into bakery and confectionery, dairy, meat and poultry, beverages, sauces and dressings, and other applications. The market is also diversified by country into Brazil, Argentina, and the Rest of South America.
By Source | Natural |
Synthetic | |
By Application | Bakery and Confectionery |
Dairy | |
Meat and Poultry | |
Beverages | |
Sauces and Dressings | |
Others | |
By Country | Brazil |
Argentina | |
Rest of South America |
South America Food Stabilizers Market Research FAQs
What is the current South America Food Stabilizers Market size?
The South America Food Stabilizers Market is projected to register a CAGR of 5.54% during the forecast period (2024-2029)
Who are the key players in South America Food Stabilizers Market?
Cargill Inc., DuPont de Nemours, Inc., Archer Daniels Midland Company, Ingredion Inc and AOM SA are the major companies operating in the South America Food Stabilizers Market.
What years does this South America Food Stabilizers Market cover?
The report covers the South America Food Stabilizers Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the South America Food Stabilizers Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
South America Food Stabilizers Industry Report
Statistics for the 2024 South America Food Stabilizers market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. South America Food Stabilizers analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.