Market Overview:
The global Lambda Carrageenan 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 Lambda Carrageenan from the food industry, daily cosmetics, pharmaceutical industry and biochemistry applications. North America is expected to dominate the global Lambda Carrageenan market during the forecast period followed by Europe and Asia Pacific.
Product Definition:
A sulfated polysaccharide extracted from red seaweed, used as a thickener and stabilizer in food and other products.
Food Grade:
Food grade carrageenan is a type of seaweed, which has high content of carrageenan in it. It is widely used as thickening agent and stabilizer in food industry. Food grade carrageenan can be extracted from two different sources; one is to cultivate the natural source and other one commercially available as Eucheuma (a plant suspension culture) or Algicide (a synthetic source).
Pharmaceutical Grade:
Pharmaceutical grade carrageenan is a highly purified form of carrageenan, which has been processed to remove any trace of seaweed and other impurities. It is used as an emulsifier in the pharmaceutical industry for the production of ointments, tablets, injections and various oral products such as gels and pastes.
Application Insights:
The food industry was the largest application segment in 2017 and is expected to witness a CAGR of XX% from 2018 to 2030. The product is widely used as an emulsifier, foaming agent, and dispersant in various foods such as mayonnaise, salad dressings, dairy products (cheese), bakery products (buns), ice creams/sorbettoes/gelato etc. Lambda carrageenan finds its major use in frozen desserts owing to its ability to act as a thickening agent without adding any calories or sugar. Moreover, it helps improve the texture of frozen desserts by increasing their viscosity while maintaining their sweetness which enables better taste experiences for consumers across the world.
The daily cosmetics application segment accounted for USD 21 million in 2017.
Regional Analysis:
The market in Asia Pacific and Middle East & Africa is anticipated to grow at a significant rate over the forecast period. The growth of these regions can be attributed to increasing product demand from various end-use industries such as cosmetics, pharmaceuticals, food industry and biochemistry. Increasing R&D activities for the development of new products using lambda carrageenan are expected to drive regional demand during the forecast period.
Increasing awareness regarding health benefits associated with natural ingredients coupled with growing disposable income levels in emerging countries such as China and India are some of the major factors driving regional market growth. In addition, rising investments by key players for capacity expansion will also have a positive impact on market development over the next eight years time frame. For instance, Sinofoods Corporation announced an investment worth USD X million in 2017 for expanding its lambda carrageenan production plant located at Guangzhou city, China which is expected to increase production capacity by 30%.
Growth Factors:
- Increasing demand for natural and organic food products: The global market for natural and organic food is projected to grow at a CAGR of more than 14% from 2016 to 2021. Lambda carrageenan is a naturally derived ingredient, which makes it an attractive choice for manufacturers of natural and organic food products.
- Rising demand from the Asia Pacific region: The Asia Pacific region is the fastest-growing market for lambda carrageenan. This region is expected to grow at a CAGR of more than 15% from 2016 to 2021.
- Growing popularity of functional foods: Functional foods are those that offer additional health benefits beyond basic nutrition. They are becoming increasingly popular among consumers, especially in developed countries such as the U.S., Canada, Japan, and Germany. Lambda carrageenan can be used as an ingredient in functional foods to provide these benefits (e g., improved gut health).
Scope Of The Report
Report Attributes
Report Details
Report Title
Lambda 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
196
Number of Tables & Figures
138
Customization Available
Yes, the report can be customized as per your need.
Global Lambda Carrageenan Market Report Segments:
The global Lambda 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 Lambda 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 Lambda 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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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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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?
Lambda carrageenan is a type of seaweed that is used as a food additive. It is made from the red algae, Porphyra umbilicalis. Lambda carrageenan can be found in many foods, including ice cream and yogurt.
Some of the key players operating in the lambda 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 lambda 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 Lambda 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 Lambda Carrageenan Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Lambda 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 Lambda 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 Lambda Carrageenan Market Size & Forecast, 2018-2028
4.5.1 Lambda Carrageenan Market Size and Y-o-Y Growth
4.5.2 Lambda Carrageenan Market Absolute $ Opportunity
Chapter 5 Global Lambda 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 Lambda 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 Lambda 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 Lambda 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 Lambda 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 Lambda 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 Lambda Carrageenan Analysis and Forecast
9.1 Introduction
9.2 North America Lambda 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 Lambda 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 Lambda 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 Lambda Carrageenan Analysis and Forecast
10.1 Introduction
10.2 Europe Lambda 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 Lambda 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 Lambda 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 Lambda Carrageenan Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Lambda 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 Lambda 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 Lambda 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 Lambda Carrageenan Analysis and Forecast
12.1 Introduction
12.2 Latin America Lambda 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 Lambda 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 Lambda 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) Lambda Carrageenan Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Lambda 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) Lambda 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) Lambda 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 Lambda Carrageenan Market: Competitive Dashboard
14.2 Global Lambda 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
