Mark Twain's blog : Alginate Market Share & Global Industry Forecast Report, 2021-2028
Global Alginate Market
In accordance with the GMI Research report, the Alginate Market will encounter a significant number of opportunities over the forecast period. This is because of the robust prevalence of leading players, increasing application across food, personal care, healthcare, and cosmetics industry.
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Introduction of Alginate Market
Alginate is an ingredient needed to produce pharmaceutical items, such as gaviscon, a mixture of bio carbonate to supress reflux.
Alginate Market Dynamics
The sudden drift towards fast food items as a result of the increasing preference for sugar-coated products made up of alginate has supplemented the growth of the global alginate market size. Apart from conventionally used thickening and gelling agents, alginates have witnessed an acceleration in the demand over past years. For example, The Life Science Informatics Publication stated that nearly 30,000 metric tons of alginate are implemented as a surfactant in various applications. Thus, the aggravating demand for economic thickeners and stabilizers will fuel the market growth. Moreover, as per the Global Alginate Market Analysis, favorable initiatives by leading market players and increasing research and development activities have raised the market growth. For instance, French bio marine group Algaia, in 2018, officially declared the enlargement of the production base with intensified investments in seaweed extracts and marine ingredients. Also, alginate helps in attaining the flexibility of seaweed which has stimulated the revenue of the overall market. Furthermore, the surging adoption across personal care, medical and pharmaceutical items is further paving the way for market growth. However, the costly plantation of brown seaweeds is hindering Alginate Market Size.
Alginate Market Segmentation:
Segmentation by Product
- Sodium Alginate
- Calcium Alginate
- Potassium Alginate
- Propylene Glycol Alginate
Segmentation by Application
- Food & Beverages
- Bakery
- Confectionery
- Meat Products
- Dairy Products
- Sauces & Dressings
- Beverage
- Others
Segmentation by Region:
- Europe
- United Kingdom
- Germany
- France
- Spain
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Rest of APAC
- North America
- United States of America
- Canada
- RoW
- UAE
- Brazil
- South Africa
- Saudi Arabia
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