Market Overview:
The global food grade alginate market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for food grade alginates from various applications such as food and beverage, feed additives, pharmaceuticals and others. In terms of volume, Asia Pacific is expected to lead the global market with a share of more than 35% by 2030.
Product Definition:
Food grade alginate is a thickening agent that is derived from brown seaweed. It can be used to thicken liquids and to create gels. Food grade alginate is important because it helps to improve the texture of food and makes it more palatable. It also helps to retain moisture, which can be important for keeping food fresh and preventing it from drying out.
Powders:
Powders are food-grade alginates, which are used as thickening agents and stabilizers in the food industry. They have a wide range of applications such as bakery products, meat products, sauces & dressing and confectionery among others. The growth factor for this market is increasing demand from the fast-food sector due to its ease of use and high efficiency in terms of taste consistency.
Liquid Forms:
Alginate is a form of hydrocolloids used in food and beverage applications as an emulsifier, thickening agent, stabilizer, and gelling agent. It is obtained from the extraction of the gel formed by certain types of seaweeds. The most commonly used type of seaweed to obtain alginate is Laminaria hyperborea which is also known as kombu in Japan.
Application Insights:
The global food grade alginate market is segmented based on application into food and beverage, feed additives, pharmaceuticals and others. The others segment includes personal care products, textiles and detergents. Food applications of the product accounted for over 60% of the overall demand in 2017. Alginates are used as thickening agents in sauces & salad dressings to improve consistency as well as enhance taste. They are also used to thicken gravies, soups and stews owing to their high viscosity property which enhances the mouthfeel of foods without adding calories or additional texture making them suitable for consumption by diabetic patients among other health-conscious consumers.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region accounts for a significant share of global population, which makes it a potential consumer market for food grade alginate-based products. Moreover, increasing demand from end-use industries such as pharmaceuticals and feed additives is anticipated to drive growth over the coming years.
The presence of key manufacturers in countries such as India, China and Japan has made these markets highly competitive on account of low manufacturing costs coupled with easy availability of skilled workforce & capital resources.
Europe accounted for more than 20% revenue share in 2017 owing to high demand from several end-use industries across Germany, U.K., Italy and France among others).
Growth Factors:
- Increasing demand for processed and convenience foods: The global food processing industry is expected to grow at a CAGR of 5.4% from 2016 to 2021. This is driven by the increasing demand for processed and convenience foods, which alginate can be used in to improve texture, stability, and shelf life.
- Rising awareness of the health benefits of alginates: Alginates are known for their many health benefits such as weight management, improved digestion, reduced inflammation, etc. This is driving more people to include them in their diets, thereby boosting the demand for food grade alginate products.
- Growing popularity of plant-based diets: There has been a growing trend towards plant-based diets in recent years due to the numerous health benefits they offer such as reduced risk of chronic diseases, lower environmental impact, etc. Alginates are derived from seaweed which is a plant-based product so this will help drive its growth even further in the coming years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Food Grade Alginate Market Research Report
By Type
Powders, Liquid Forms, Crystals
By Application
Food and Beverage, Feed Additives, Pharmaceuticals, Others
By Companies
KIMICA, IRO Alginate Industry, Ceamsa Algae, SNAP Natural & Alginate Product, Algaia, Marine Biopolymers Limited (MBL), DuPont de Nemours, Inc., Ingredients Solutions, Inc, Shandong Jiejing Group Corporation
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
189
Number of Tables & Figures
133
Customization Available
Yes, the report can be customized as per your need.
Global Food Grade Alginate Market Report Segments:
The global Food Grade Alginate market is segmented on the basis of:
Types
Powders, Liquid Forms, Crystals
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food and Beverage, Feed Additives, Pharmaceuticals, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- KIMICA
- IRO Alginate Industry
- Ceamsa Algae
- SNAP Natural & Alginate Product
- Algaia
- Marine Biopolymers Limited (MBL)
- DuPont de Nemours, Inc.
- Ingredients Solutions, Inc
- Shandong Jiejing Group Corporation
Highlights of The Food Grade Alginate Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Powders
- Liquid Forms
- Crystals
- By Application:
- Food and Beverage
- Feed Additives
- Pharmaceuticals
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Food Grade Alginate Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Food grade alginate is a type of food additive that is derived from seaweed. It is used as a thickening agent and emulsifier in foods.
Some of the major players in the food grade alginate market are KIMICA, IRO Alginate Industry, Ceamsa Algae, SNAP Natural & Alginate Product, Algaia, Marine Biopolymers Limited (MBL), DuPont de Nemours, Inc., Ingredients Solutions, Inc, Shandong Jiejing Group Corporation.
The food grade alginate market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Food Grade Alginate Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Food Grade Alginate Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Food Grade Alginate Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Food Grade Alginate Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Food Grade Alginate Market Size & Forecast, 2018-2028
4.5.1 Food Grade Alginate Market Size and Y-o-Y Growth
4.5.2 Food Grade Alginate Market Absolute $ Opportunity
Chapter 5 Global Food Grade Alginate Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Food Grade Alginate Market Size Forecast by Type
5.2.1 Powders
5.2.2 Liquid Forms
5.2.3 Crystals
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Food Grade Alginate Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Food Grade Alginate Market Size Forecast by Applications
6.2.1 Food and Beverage
6.2.2 Feed Additives
6.2.3 Pharmaceuticals
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Food Grade Alginate Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Food Grade Alginate Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Food Grade Alginate Analysis and Forecast
9.1 Introduction
9.2 North America Food Grade Alginate Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Food Grade Alginate Market Size Forecast by Type
9.6.1 Powders
9.6.2 Liquid Forms
9.6.3 Crystals
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Food Grade Alginate Market Size Forecast by Applications
9.10.1 Food and Beverage
9.10.2 Feed Additives
9.10.3 Pharmaceuticals
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Food Grade Alginate Analysis and Forecast
10.1 Introduction
10.2 Europe Food Grade Alginate Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Food Grade Alginate Market Size Forecast by Type
10.6.1 Powders
10.6.2 Liquid Forms
10.6.3 Crystals
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Food Grade Alginate Market Size Forecast by Applications
10.10.1 Food and Beverage
10.10.2 Feed Additives
10.10.3 Pharmaceuticals
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Food Grade Alginate Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Food Grade Alginate Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Food Grade Alginate Market Size Forecast by Type
11.6.1 Powders
11.6.2 Liquid Forms
11.6.3 Crystals
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Food Grade Alginate Market Size Forecast by Applications
11.10.1 Food and Beverage
11.10.2 Feed Additives
11.10.3 Pharmaceuticals
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Food Grade Alginate Analysis and Forecast
12.1 Introduction
12.2 Latin America Food Grade Alginate Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Food Grade Alginate Market Size Forecast by Type
12.6.1 Powders
12.6.2 Liquid Forms
12.6.3 Crystals
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Food Grade Alginate Market Size Forecast by Applications
12.10.1 Food and Beverage
12.10.2 Feed Additives
12.10.3 Pharmaceuticals
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Food Grade Alginate Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Food Grade Alginate Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Food Grade Alginate Market Size Forecast by Type
13.6.1 Powders
13.6.2 Liquid Forms
13.6.3 Crystals
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Food Grade Alginate Market Size Forecast by Applications
13.10.1 Food and Beverage
13.10.2 Feed Additives
13.10.3 Pharmaceuticals
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Food Grade Alginate Market: Competitive Dashboard
14.2 Global Food Grade Alginate Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 KIMICA
14.3.2 IRO Alginate Industry
14.3.3 Ceamsa Algae
14.3.4 SNAP Natural & Alginate Product
14.3.5 Algaia
14.3.6 Marine Biopolymers Limited (MBL)
14.3.7 DuPont de Nemours, Inc.
14.3.8 Ingredients Solutions, Inc
14.3.9 Shandong Jiejing Group Corporation
