Global Food Carrageenan Market is Driven by Rise in the Consumption of Convenience Foods

Food Carrageenan Market is estimated to grow at a CAGR of 5.80% for 2021 to 2028 with factors such as rapid urbanization along with increasing levels of disposable income of the people.

However, volatility in the prices of raw material along with demand supply imbalance and availability of alternatives is a vital factor restraining the market growth.

Food carrageenan market has shown an exceptional penetration in developed economies in Asia-Pacific due to rise in the retail industry and increased working professionals in the region.

Food carrageenan market Scenario

According to Data Bridge Market Research food carrageenan market is witnessing a significant growth in developed economies during the forecast period of 2021-2028 due to factors such as, rising usages of product in meat and poultry and bakery and confectionery products, increasing number of population across the globe, rising awareness about the ingredients in the packaged foods and increasing usage of carrageenan rather than gelatine in production process of vegan products.

Now the question is which are the other regions food carrageenan market is targeting? Data Bridge Market Research has estimated a large growth in Asia-Pacific food carrageenan market. The Data bridge market research new reports highlight the major growth factors and opportunities in the food carrageenan market.

For more analysis on the food carrageenan market request for a briefing with our analysts

Scope of the Food Carrageenan Market

Food carrageenan market is segmented on the basis of countries into U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, rest of South America, U.A.E., Saudi Arabia, Oman, Qatar, Kuwait, South Africa, rest of Middle East and Africa.

  • All country based analysis of food carrageenan market is further analyzed based on maximum granularity into further segmentation. On the basis of source, the food carrageenan market is segmented into gigartina, chondrus, iridaea, and eucheuma. Based on type, the food carrageenan market is segmented into kappa, lota, and lambda. Based on the application, the food carrageenan market is segmented into bakery, confectionery, meat and poultry products, sauces and dressing, beverage, dairy products, and others. The food carrageenan market is also segmented on the basis of function. The function is segmented into thickener, stabilizer, gelling agent, and others. Based on grade, the food carrageenan market is segmented into semi-refined carrageenan (SRC), and refined carrageenan (RC).
  • Carrageenan is a class of polysaccharides of linear sulphate derived from red edible seaweed. They are usually used for their gelling, thickening, and stabilising properties in the food industry. It acts as a vegan alternative to gelatin in some applications.

To know more about the study

Key Pointers Covered in Food Carrageenan Market and Forecast to 2028

  • Market Size
  •  Market New Sales Volumes
  •  Market Replacement Sales Volumes
  •  Market By Brands
  •  Market Procedure Volumes
  •  Market Product Price Analysis
  • Market Regulatory Framework and Changes
  •  Market Shares in Different Regions
  •  Recent Developments for Market Competitors
  •  Market Upcoming Applications
  •  Market Innovators Study

Key Market Competitors Covered in the report

  • DuPont
  • CP Kelco U.S., Inc
  • Ceamsa
  • W Hydrocolloids, Inc
  • Innovative Food Solutions LAUTA
  • Aquarev Industries
  • MCPI Corporation
  • Marcel Trading Corporation
  • TBK Manufacturing Corporation
  • ACCEL Carrageenan Corporation
  • Ingredion Incorporated
  • Cargill, Incorporated
  • Ashland
  • TIC Gums, Inc
  • AEP Colloids
  • Gelymar
  • Shemberg Food Ingredients Corporation
  • FMC Corporation
  • Devson Impex Private Limited (Head Office)
  • Aquarev Industries

Above are the key players covered in the report, to know about more and exhaustive list of food carrageenan market companies, contact us.

Research Methodology: Food Carrageenan Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and estimated using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Related Reports

Browse in Food and Beverage Category Related Reports@