Replace characters in a string with a dynamic list of key/value pairs

I have a list of key value pairs which I want to use to replace values inside a String.

I don't know what the keys/values will be so it must remain dynamic which makes using Regex a little hard.

The code I currently have, does exactly what I want but I'm thinking there has to be a cleaner more functional style of handling this?

private String replaceStringValues(final List<Sanitize> sanitizeList, final String value) {

    String sanitizedValue = "";

    for (final Sanitize sanitize : sanitizeList) {
        sanitizedValue = value.replace(sanitize.key(), sanitize.value());
    }

    return sanitizedValue;
}

Any help?