Carrageenan Market Share, Size, Regional Growth, Trends, Revenue, Overview, Forecast To 2025


Posted January 28, 2020 by nikhilkhadilkar

Global Organic Baby Food Market Research Report-Key Players: NeuroMetrix, Inc (US), Abbott Laboratories (US), AcelRx Pharmaceuticals, Inc (US), Medtronic PLC (Republic of Ierland), Boston Scientific Corporation (US), Industry analysis
 
Carrageenan Market Overview

Carrageenan is produced from several red algae or seaweeds. Carrageenan has several applications in the food & beverages industry. The global Carrageenan Market Share is projected to be valued at USD 1,250.2 million by the end of 2024, with 5.65% CAGR during the forecast period, 2019–2024.

Carrageenan (also known as carrageenin) comes under the family of linear sulphated polysaccharides which are extracted from red edible seaweeds and are broadly used in the food industry. The basic properties of Carrageenan are thickening, gelling and stabilizing and suspending agents in milk and water system. Carrageenans are widely used in the food industry applications such as dairy products and meet product as they are having a strong binding of food proteins. Carrageenan mostly found in the Atlantic Ocean near the shore of UK and North America. Carrageenans are classified into three types namely; Iota, Kappa and Lambda.

Global Carrageenan Market Key Players

Key players leading the global carrageenan market include Caldic B.V. (Netherlands), MCPI Corp (Philippines), Marcel Carrageenan (Philippines), Danlink Ingredients (Pty) Ltd. (South Africa), Ina Food Industry Co Ltd. (Japan), PT Fortuna Cahaya Cemerlang (Indonesia), and ACCEL Carrageenan Corporation (Philippines) among others.

Global Carrageenan Market – Segmentation

For enhanced understanding, the report has been segmented into three key dynamics.

By Type: Kappa Carrageenan, Lambda Carrageenan, and Iota Carrageenan among others.

By Application: Foods, Beverages, and Pharmaceuticals among others.

By Regions: Asia Pacific, North America, Europe, and the Rest-of-the-World.

Carrageenan Market: Applications

Carrageenans are mostly found in the Atlantic oceans near to North America and Europe. Carrageenans are widely used in food industries such as dairy products and meet products and very rich source of proteins. Moreover, the carrageenan are used in other industries for thickening, gelling and stabilizing. These all factors are creating a huge demand for carrageenan.

For More Information @ https://www.marketresearchfuture.com/reports/carrageenan-market-704

Global Carrageenan Market Growth Influencer

Global Carrageenan Market has seen a potential growth in the past few years. As on 2011, carrageenan had the estimated global sale of US$ 640 million where Philippines was the biggest producer of industrial carrageenan and China is the major exporter to the US and European market. Commonly used sources in carrageenan are E. spinosum (Eucheuma denticulatum) and E. cottonii (Kappaphycus alvarezii, K.striatum), together they provide about three quarters of the global population. Increasing demand for food product, dairy products and meet products have driven the carrageenan market across the globe. As large population prefers non vegetarian food however, there is a huge demand is generated from meet product segments.

Global Carrageenan Market: Regional Analysis

Europe and Asia-Pacific are considered as the key market for global carrageenan market. Increasing demand for processing food and meet products in APAC region has witnessed the huge demand for carrageenan and in Europe the dairy products are given so much of preferences which have anticipated the demand for this particular product. The Asian countries such as China, India, Japan, Indonesia, Russia and several others have projected to drive the market because of the wealthy and emerging economy. And China is considered to the largest market in APAC region because of the strong industrialization. These factors has resulted the carrageenan market to have a commendable growth in future. North America is considered to the largest market for carrageenan. Middle East & Africa is one of the most preferred meet and processed food consumption region.

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By Market Research Future
Phone 16468459312
Business Address Hadapsar, Pune
Country India
Categories Agriculture , Business , Consumer
Tags carrageenan market , carrageenan market forecast , carrageenan market region , carrageenan market segments , carrageenan market share , carrageenan market size , carrageenan market trends
Last Updated January 28, 2020