Alginates Market: Recent Market Trends and Projected Market Size by 2018 – 2023
The Alginate market is gaining popularity among various industries owing to its increasing application. Market Research Future, a firm which specializes in market reports related to the Food and Beverage sector among others, recently forecasted in its report on Global Alginate Market Research Report- Forecast to 2027 that the market will demonstrate a remarkable growth during the forecast period. Sodium alginate is widely used in various industries including food, textile printing and pharmaceutical. Dental impression material utilizes alginate as its means of gelling.
Some of the key players profiled in the global alginates market are CP Kelco, Ingredients Solutions Inc., Algaia, Marine Biopolymers Limited, Dohler Group, Danisco A/S, FMC Corporation, Kimica Corporation, IRO Alginate Industry Co., Ltd., and SNAP Natural & Alginate Products Pvt Ltd.
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The global alginates market is segmented by source and function. By source, it is segmented into laminaria, macrocystis, ascophyllum, and others. By function, the market is segmented into thickener, emulsifier, stabilizer, acidity regulator, and others. Additionally, potential application of alginates as a stabilizer in cosmetics is one of the major reasons for its high share in the personal care products.
The global alginates market is segmented into North America, Europe, Asia-Pacific, and Rest of the World. North America is dominating the alginates market followed by Europe. The U.S., in North America, is experiencing a high demand for alginates owing to increasing demand in food and beverages.
Escalating demand for sweetened confectionery products has directly influenced the sales of gelling agents across the globe. Apart from the conventionally used thickening and gelling agents, the sales of alginates have been continuously witnessing a surge. High R&D investments are expected to support the growth of the global alginates market during the forecast period, 2017-2023.
Browse the market data and information spread across 115 pages with 43 data tables and 12 figures of the report “Alginates Market Research Report - Forecast to 2023” in-depth alongside table of content (TOC) at: https://www.marketresearchfuture.com/reports/energy-drinks-market-1916
Nov 2017 Algaia S.A. introduces Satialgine DVA, a next-generation seaweed extract ingredient for dairy and non-dairy desserts. This alginate line provides a unique rich and creamy texture in desserts such as low-fat dairy flans.
Jan 2017 Algaia has bolstered its growth in specialty marine ingredients by completing the acquisition of Cargill’s Alginate business and manufacturing plant.
To stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
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