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 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 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.

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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.

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. 

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.  

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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 By Application 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.

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.

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

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.

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.

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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.

Global Carrageenan Market is anticipated to grow at a significant CAGR of close to 8% in the upcoming period as the scope, product types, and its applications are increasing across the globe. Carrageenan is a hydrocolloid derived from red seaweed. It is mainly used as a constituent in several food products, such as dairy, bakery, meat products, and sauces. The factors that propel the growth of the carrageenan market include the alternative to animal-sourced gelatin, growing demand for hydrocolloids, rising of processed foods. On the other hand, there are factors that may hamper the growth of the market including the availability of substitutes and changing raw material prices and the high cost of products.

The market could be explored by source type, type, food grade, application, and geography. Market by type could span Lambda, Iota, and Kappa. The “Kappa” segment led the market in 2017 and will continue to lead in the forecast period. The key factors that could be attributed to the growth of the market such as it acts as an emulsifier, stabilizer, and bodying agent in chocolate, cheese, puddings, and ice cream. The market may be explored by source type as Gelling Agent, Thickener, Stabilizer, and Others. The market may be explored by food grade as E407a, E407, and Others.

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The key applications that could be explored in the carrageenan market include Pharmaceuticals, Food may further comprise as Confectionery, Bakery, Meat & poultry products, Sauces & dressing, Beverage, Dairy products and others. The “Food and Beverages” segment led the carrageenan market in 2017 and will continue to lead in the forecast period. The key factors that could be attributed to the growth of market such as it is extensively used in water-based desserts, fruit preparation and it stabilizes ice creams. Also, used for desired texture to confectionary products and increasing application of carrageenan in meat products to regulate water content.

EMEA accounted for the major share of the carrageenan market Size in 2017 and will continue to lead in the forecast period. The factors that could be attributed to the growth include rising acceptance of carrageenan, rising number of applications and significant of dairy products in the region. EMEA is followed by the Asia-Pacific region.

Some of the key players that fuel the growth of the market comprise BLG Shanghai & Zhejiang Plants, Kachabo Gums, Marinalg international, Scalzo Food Industries, Altrafine Gums, FMC Corporation, TIC Gums Incorporation, Cargill Inc and Gum Technology Corporation. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.

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RRI offers 8-year forecast for the carrageenan gum market between 2018 and 2025. In terms of value, the market is expected to register a CAGR of X.X % during the projected period. In terms of volume, the market is expected to register a CAGR of X.X% during the forecast period.The primary objective of the report is to offer insights on the advancements in the carrageenan gum market. The study demonstrates market dynamics that are expected to influence the current environment and future status of the global carrageenan gum market over the forecast period. The primary objective of this report is to offer updates on trends, drivers, restraints, value forecasts, and opportunities for manufacturers operating in the global carrageenan gum market.

Carrageenan gum iswidely used as a substitute for animal-based gelatins in various foodproducts for vegan consumers. Carrageenan gum is also used invarious food applications such as confectioneries, beverages andbakery products. Hence, increasing carrageenan gum consumptionin various processed foods across the globe is in turn anticipated to boost overall growth of the global carrageenan gum market to acertain extent over the forecast period.

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A section of report discusses on how the overall competition in the market is steadily increasing. It discusses various factors that are shaping internal as well as external competition in the market. Overall internal competition in the carrageenan gum market is studied to be comparatively high owing to larger number of major providers of carrageenan gum in the market. Various barriers to entry in the industry are analyzed and rated on the basis of their impact on the competition level in the market.

The report analyses the market share of the carrageenan gum on the basis of application, and region. A section of the report highlights carrageenan gum demand, region-wise. It provides a market outlook for 2025 and sets the forecast within the context of the carrageenan gum ecosystem, including the new technological developments as well as product offerings in the global carrageenan gum market. This study discusses key region trends contributing to growth of the carrageenan gum market globally, as well as analyses the degree to which drivers are influencing the market in each region. Key regions assessed in this report include North America, Latin America, Europe, Asia Pacific, and Middle East and Africa.

In the final section of the report, a competitive landscape has been included to provide report audiences with a dashboard view. Key categories of providers covered in the report are carrageenan gum suppliers and customers.Detailed profiles of the providers are also included in the scope of the report to evaluate their long-term and short-term strategies, key offerings and recent developments in the carrageenan gum space. Key players in the global carrageenan gum market CP Kelco ApS, Marcel Carrageenan Corporation, FMC Corporation, E. I. du Pont de Nemours and Co., Extractos Naturales Gelymar S. A., Ingredients Solutions, Inc., Kerry Group, Cargill Incorporated, Altrafine Gums, W Hydrocolloids, Inc. 

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Key Segments Covered

• By Application

       - Food & Beverage 

               -Dairy Products

               -Meat Products

               -Confectionery & Bakery

               -Beverages

              -Salads & dressings

- Personal Care & Toiletries 

        -Toothpaste

        -Air Fresheners

        -Cosmetics

- Pharmaceuticals 

- Feed & Pet Food 

On the basis of application, the market is segmented into food & beverage, personal care & toiletries, pharmaceuticals and feed & pet food. In addition, food & beverage industry further segmented into dairy products, meat products, confectionery & bakery, beverages and salads& dressings. Also, personal care & toiletries market further segmented into toothpaste, air fresheners and cosmetics.A detailed analysis has been provided for every segment in terms of market size analysis for carrageenan gum market across the globe.

In addition, it is imperative to note that in an ever-fluctuating global economy, we not only conduct forecasts in terms of CAGR, but also analyze on the basis of key parameters such as year-on-year (Y-o-Y) growth to understand the predictability of the market and to identify the right opportunities.

Also, another key feature of this report is the analysis of all key segments in terms of absolute dollar. This is traditionally overlooked while forecasting the market. However, absolute dollar opportunity is critical in assessing the level of opportunity that a provider can look to achieve, as well as to identify potential resources from a sales and delivery perspective in the global carrageenan gum market.

Key Regions/Countries Covered

• North America

- U.S.

- Canada

• Latin America

- Brazil

- Mexico

- Rest of Latin America

• Europe

- EU5

- Nordic

- Russia

- Poland

- BENELUX

- Rest of Europe

• Asia Pacific

- China

- India

- Japan

- ASEAN

- Australia and New Zealand

- Rest of APAC

• Middle East & Africa

- GCC

- North Africa

- South Africa

- Rest of MEA

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Global Kappa-Carrageenan (Cas 11114-20-8) market size will increase to Million US$ by 2025, from Million US$ in 2017, at a CAGR of during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Kappa-Carrageenan (Cas 11114-20-8). This report researches the worldwide Kappa-Carrageenan (Cas 11114-20-8) market size (value, capacity, production and consumption) in key regions like North America, Europe, Asia Pacific (China, Japan) and other regions.

This report focuses on the top manufacturers' Kappa-Carrageenan (Cas 11114-20-8) capacity, production, value, price and market share of Kappa-Carrageenan (Cas 11114-20-8) in global market. The following manufacturers are covered in this report:

• CP Kelco
• Cargill
• Karagen Indonesia
• FMC Biopolymer
• Topmost Manufacturers
  

Kappa-Carrageenan (Cas 11114-20-8) Breakdown Data by Type

• K Type
• I Type
• L Type

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Kappa-Carrageenan (Cas 11114-20-8) Breakdown Data by Application

• Jelly
• Dessert
• Cold Food
• Other

Kappa-Carrageenan (Cas 11114-20-8) Production Breakdown Data by Region

• United States
• Europe
• China
• Japan
• Other Regions

For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

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