Alginates Market Size to be Worth USD 0.78 billion by 2030, at a CAGR of 5.10% from 2023-2030
Feb 26, 2024
Notice: Undefined variable: cofig in /var/www/icrowdmarketing/submission/news.php on line 386
Notice: Trying to get property 'poweredby' of non-object in /var/www/icrowdmarketing/submission/news.php on line 386
iCrowdMarketing
Alginates Market Overview:
The global Alginates Market is likely to demonstrate notable growth. Rapidly developing food & beverage and pharmaceutical industries would drive market growth. Market Research Future (MRFR) asserts that the global Alginates market value is expected to escalate from USD 0.55 BN in 2022 to USD 0.78 BN by 2030, growing at a 5.10% CAGR during the forecast period (2023-2030).
Alginates are used as food additives to keep ingredients in a homogenous state after blending. These substances can add structure, stability, viscosity, texture, moisture retention, and other qualities to food products while maintaining their color. These unique functionalities increase their applications across the food and beverages industry.
The predominant application areas of Alginates include food & beverages and pharmaceutical industries. In food and beverage manufacturing, alginates are used in bakery & confectionery products, dairy & frozen desserts, oil & fats, sweet & savory snacks, meat products, and others. Augmented demand from the burgeoning food & beverages industries globally defines the growing Alginates market landscape.
On the flip side, stringent regulations are hampering the market growth. Nevertheless, the rapid growth in the bakery and confectionery sectors is anticipated to provide impetus to the growth of the global alginates market. Also, growing applications of these substances in the cosmetics and personal care industry, alongside the burgeoning pharmaceutical industry, would escalate the Alginates market value.
Get Free Sample PDF Brochure @ https://www.marketresearchfuture.com/sample_request/1581
Alginates Market - Segments
The analysis is segmented into sources, functions, and regions. The source segment is sub-segmented into laminaria, macrocystis, and Ascophyllum. The function segment is sub-segmented into thickener, emulsifier, stabilizer, acidity regulator, and others. By regions, the alginates market is segmented into the Americas, Asia-Pacific, MEA, Europe, and the rest of the world.
Alginates Market - Regional Analysis
North America is likely to retain its dominance throughout the review period. High healthcare costs, the increasing number of surgeries, and the rising need for sophisticated wound care drive the market growth. Also, the growing preference for shortened hospitalization boosts the alginates market size, fuelling the demand for wound care products. Besides, the high demand for processed foods and the growing use of food additives accelerate the region's alginates market share.
Alginates Market - Competitive Landscape
Manufacturers operating in the highly competitive alginates market strive to deliver high-quality and reliable products developed based on innovative technologies. They also seek to develop the ability to tailor-made products with the requested specifications, such as customized/bulk packaging and special requirements. Product launches, M&A activities, and collaborations remain key strategies of these market players to churn the competitive advantages.
Browse In-depth Market Research Report (115 Pages) on Alginates Market: https://www.marketresearchfuture.com/reports/alginates-market-1581
Key Players:
Leading alginates market players are Ingredients Solutions Inc., CP Kelco, SNAP Natural & Alginate Products Pvt. Ltd., Dohler Group, Algeria, Danisco A/S, Marine Biopolymers Limited, FMC Corporation, Kimica Corporation, and IRO Alginate Industry Co. Ltd., among others.
Industry/ Innovation /Related News:
Nov.16, 2022 – KIMICA, a leading seaweed alginates provider, announced its plan to continue to pioneer new applications for seaweed alginates. KIMICA leverages seaweed alginates' properties to develop high-quality food and cosmetic products. It has been working with natural algae derivatives that absorb CO2 to grow. The company will continue to develop innovative alginate-based solutions to meet the demands of the health and environmentally-conscious world.
Discover More Research Reports on Food, Beverages & Nutrition Market, by Market Research Future:
Hydrocolloids Market Research Report Information By Type (Gelatin, Xantham Gum, Carrageenan, Alginates, Pectin, Gaur Gum, Gum Arabic, Agar, Locust Bean Gum), By Function (Thickening, Gelling, Stabilizing, and Others), By Application (Food & Beverages, Pharmaceutical, Personal Care & Cosmetics, and Others) And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) –Market Forecast Till 2032
Emulsifier, Stabilizer and Thickener (EST) Market Research Report Information by Type (Starches, Gums, Pectin, Agar-Agar, Lecithin and others), Application (Bakery and Confectionery, Dairy and Frozen Desserts, Beverages, Oil and Fats, Sweet and Savory Snacks, Meat Products and others) and Region Forecast - till 2027
Food Stabilizers Market Size, Share Analysis Research Report: Information by Source (Natural, and Synthetic), Application (Dairy & Frozen Desserts, Bakery & Confectionery, Convenience Food, Meat, Poultry & Seafood, Beverages, and Others), and Region -Forecast till 2030
About Market Research Future:
Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis with regard to diverse markets and consumers worldwide. Market Research Future has the distinguished objective of providing the optimal quality research and granular research to clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help answer your most important questions.
URL : https://www.marketresearchfuture.com/reports/alginates-market-1581
Contact Information:
Market Research Future (Part of Wantstats Research and Media Private Limited)99 Hudson Street, 5Th Floor
New York, NY 10013
United States of America
+1 628 258 0071 (US)
+44 2035 002 764 (UK)
Email: sales@marketresearchfuture.com
Website: https://www.marketresearchfuture.com
Tags: English, Alginates Market,Global Alginates Market,Alginates Market Size,Alginates Market Share,Alginates Market Trends,Alginates Market Overview,Alginates Market Research,Alginates Market Analysis,Alginates Market Report,Alginates Market Demand