Market Overview:
The global Kappa Carrageenan market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The food grade segment is expected to dominate the market in terms of revenue share, followed by the pharmaceutical grade and others segments. In terms of application, the food industry segment is expected to account for a major share of the global Kappa Carrageenan market in 2018. This segment is also projected to register highest CAGR during the forecast period.
Product Definition:
Kappa carrageenan is a type of carrageenan that is extracted from red seaweed. It has a high molecular weight and a high degree of sulfation. Kappa carrageenan is used as an emulsifier, thickener, and stabilizer in food products.
Food Grade:
Food grade is the quality of products that are intended for human consumption. Food grade carrageenan mainly consists of two types, namely, i) Kappa and ii) Iota. The difference between them is only in their sizes - iota has smaller chains than kappa. They both have similar chemical properties and applications which are used to produce a variety of food additives such as gelling agents, thickeners, stabilizers emulsifiers and others (Tablets & capsules).
Pharmaceutical Grade:
Pharmaceutical grade is a highly regulated and tested by authorities industry. It has to comply with various regulations such as U.S Pharmacopeia, British Pharmacopeia, European pharmacopeia and Japanese pharmacopeia in order to be used for commercial purpose. Pharmaceutical grade kappa carrageenan can be distinguished from food-grade Kappa Carrageenan because of its higher purity level as per the international standards which is more than 90%.
Application Insights:
The food application segment led the market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. Kappa carrageenan finds applications in frozen foods, processed foods, bakery products, dairy products and beverages among others. The product helps maintain the texture of foodstuffs during processing as well as storage which aids their acceptance by consumers.
Kappa carrageenan is used for manufacturing cosmetics on a commercial scale since 2015 owing to its ability to adjust water solubility & permeability properties without changing pH or becoming slimy like other colloids do when they are mixed with water or another liquid solvent medium.
Regional Analysis:
Asia Pacific is expected to be the largest and fastest-growing regional market over the forecast period. The growth can be attributed to increasing product demand from various end-use industries, such as food & beverage, pharmaceuticals, cosmetics and biochemistry. Rising awareness regarding health benefits associated with kappa carrageenan is also anticipated to fuel industry expansion in this region.
The Asia Pacific held a dominant share of more than 40% in 2017 owing to high product consumption from countries like Japan and South Korea that are majorly driven by consumer electronics manufacturing hubs. China has emerged as one of the leading producers of these products due their cheap cost coupled with easy availability of raw materials; however, stringent regulations by Chinese government may hinder future growth for some segments while enabling others through regulatory reforms concerning food additives & contaminants in foods along with environmental protection agencies (EPA).
Growth Factors:
- Increasing demand for natural and healthy food products: The global Kappa Carrageenan market is expected to grow at a CAGR of 5.5% during the forecast period, owing to the increasing demand for natural and healthy food products.
- Rising awareness about the health benefits of Kappa Carrageenan: The growing awareness about the health benefits of Kappa Carrageenan is another major factor driving its growth. It helps in reducing cholesterol levels, blood pressure, and inflammation, among others.
- Growing popularity of plant-based diets: The popularity of plant-based diets is also contributing to the growth of the Kappa Carrageenan market as it helps in reducing animal product consumption, which leads to lower greenhouse gas emissions from livestock farming operations.
Scope Of The Report
Report Attributes
Report Details
Report Title
Kappa Carrageenan Market Research Report
By Type
Food Grade, Pharmaceutical Grade, Others
By Application
Food Industry, Daily Cosmetics, Pharmaceutical Industry, Biochemistry, Others
By Companies
CP Kelco, Cargill, Karagen Indonesia, FMC, AEP Colloids, MSK Specialist Ingredients, NiranBio, Gillco, Marcel Carrageenan, Shemberg, CEAMSA, Danisco, Gelymar, TBK, LONGRUN, Global Ocean, Gather Great Ocean, Xieli
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
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Kappa Carrageenan Market Report Segments:
The global Kappa Carrageenan market is segmented on the basis of:
Types
Food Grade, Pharmaceutical Grade, Others
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 Industry, Daily Cosmetics, Pharmaceutical Industry, Biochemistry, 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:
- CP Kelco
- Cargill
- Karagen Indonesia
- FMC
- AEP Colloids
- MSK Specialist Ingredients
- NiranBio
- Gillco
- Marcel Carrageenan
- Shemberg
- CEAMSA
- Danisco
- Gelymar
- TBK
- LONGRUN
- Global Ocean
- Gather Great Ocean
- Xieli
Highlights of The Kappa Carrageenan 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:
- Food Grade
- Pharmaceutical Grade
- Others
- By Application:
- Food Industry
- Daily Cosmetics
- Pharmaceutical Industry
- Biochemistry
- 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 Kappa Carrageenan 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Understanding Competition Scenario
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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?
Kappa carrageenan is a type of seaweed extract that has been used in food and beverage products for many years. It is a thick, white powder that can be dissolved in water or other liquids to create a suspension. Kappa carrageenan can help thicken foods and beverages, add texture, and improve the consistency of sauces and gravies.
Some of the major companies in the kappa carrageenan market are CP Kelco, Cargill, Karagen Indonesia, FMC, AEP Colloids, MSK Specialist Ingredients, NiranBio, Gillco, Marcel Carrageenan, Shemberg, CEAMSA, Danisco, Gelymar, TBK, LONGRUN, Global Ocean, Gather Great Ocean, Xieli.
The kappa carrageenan 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 Kappa Carrageenan 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 Kappa Carrageenan Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Kappa Carrageenan 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 Kappa Carrageenan 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 Kappa Carrageenan Market Size & Forecast, 2018-2028
4.5.1 Kappa Carrageenan Market Size and Y-o-Y Growth
4.5.2 Kappa Carrageenan Market Absolute $ Opportunity
Chapter 5 Global Kappa Carrageenan 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 Kappa Carrageenan Market Size Forecast by Type
5.2.1 Food Grade
5.2.2 Pharmaceutical Grade
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Kappa Carrageenan 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 Kappa Carrageenan Market Size Forecast by Applications
6.2.1 Food Industry
6.2.2 Daily Cosmetics
6.2.3 Pharmaceutical Industry
6.2.4 Biochemistry
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Kappa Carrageenan 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 Kappa Carrageenan 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 Kappa Carrageenan Analysis and Forecast
9.1 Introduction
9.2 North America Kappa Carrageenan 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 Kappa Carrageenan Market Size Forecast by Type
9.6.1 Food Grade
9.6.2 Pharmaceutical Grade
9.6.3 Others
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 Kappa Carrageenan Market Size Forecast by Applications
9.10.1 Food Industry
9.10.2 Daily Cosmetics
9.10.3 Pharmaceutical Industry
9.10.4 Biochemistry
9.10.5 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 Kappa Carrageenan Analysis and Forecast
10.1 Introduction
10.2 Europe Kappa Carrageenan 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 Kappa Carrageenan Market Size Forecast by Type
10.6.1 Food Grade
10.6.2 Pharmaceutical Grade
10.6.3 Others
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 Kappa Carrageenan Market Size Forecast by Applications
10.10.1 Food Industry
10.10.2 Daily Cosmetics
10.10.3 Pharmaceutical Industry
10.10.4 Biochemistry
10.10.5 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 Kappa Carrageenan Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Kappa Carrageenan 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 Kappa Carrageenan Market Size Forecast by Type
11.6.1 Food Grade
11.6.2 Pharmaceutical Grade
11.6.3 Others
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 Kappa Carrageenan Market Size Forecast by Applications
11.10.1 Food Industry
11.10.2 Daily Cosmetics
11.10.3 Pharmaceutical Industry
11.10.4 Biochemistry
11.10.5 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 Kappa Carrageenan Analysis and Forecast
12.1 Introduction
12.2 Latin America Kappa Carrageenan 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 Kappa Carrageenan Market Size Forecast by Type
12.6.1 Food Grade
12.6.2 Pharmaceutical Grade
12.6.3 Others
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 Kappa Carrageenan Market Size Forecast by Applications
12.10.1 Food Industry
12.10.2 Daily Cosmetics
12.10.3 Pharmaceutical Industry
12.10.4 Biochemistry
12.10.5 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) Kappa Carrageenan Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Kappa Carrageenan 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) Kappa Carrageenan Market Size Forecast by Type
13.6.1 Food Grade
13.6.2 Pharmaceutical Grade
13.6.3 Others
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) Kappa Carrageenan Market Size Forecast by Applications
13.10.1 Food Industry
13.10.2 Daily Cosmetics
13.10.3 Pharmaceutical Industry
13.10.4 Biochemistry
13.10.5 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 Kappa Carrageenan Market: Competitive Dashboard
14.2 Global Kappa Carrageenan Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 CP Kelco
14.3.2 Cargill
14.3.3 Karagen Indonesia
14.3.4 FMC
14.3.5 AEP Colloids
14.3.6 MSK Specialist Ingredients
14.3.7 NiranBio
14.3.8 Gillco
14.3.9 Marcel Carrageenan
14.3.10 Shemberg
14.3.11 CEAMSA
14.3.12 Danisco
14.3.13 Gelymar
14.3.14 TBK
14.3.15 LONGRUN
14.3.16 Global Ocean
14.3.17 Gather Great Ocean
14.3.18 Xieli
