Market Overview:
The global potassium 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 potassium alginate from various end-use industries such as medical, food, cosmetic, and others. In addition, rising awareness about the benefits of using potassium alginate is also propelling the growth of this market. On the basis of type, food grade accounted for a major share of the global potassium alginate market in 2017.
Product Definition:
Potassium Alginate (Cas 9005-36-1) is a white or light yellow odorless powder that is used as a thickener, stabilizer, and emulsifier in food products.
Food Grade:
Food grade is a product that has been tested and certified by the Food & Drug Administration (FDA) for its safety, quality, and effectiveness in food applications. It is also used as an ingredient in various food products such as bakery goods, dairy items, frozen foods, beverages (alcoholic and non-alcoholic), sauces/dressing etc.
Pharma Grade:
Pharma grade is the highest quality available in the market. It is used to make pharmaceutical products such as wound dressings, creams & ointments, and other skin care products. The high quality of this product has led to its increased usage by various pharma companies for making their medicines and other healthcare products which are used worldwide.
Application Insights:
The market is segmented by application into the food, medical, and other industries. The food industry was the largest application segment in 2017 and is expected to witness significant growth over the forecast period. Rising demand for potassium alginate from various industries including fruit processing, dairy products, bakery & confectionery is anticipated to drive product demand over the coming years.
Potassium alginate has a high potential as an industrial grade additive owing to its ability to enhance water absorption properties of soil and increase plant root development. It can be used as a fertilizer or soil conditioner in agricultural lands where it helps improve uptake of nutrients by plants through direct contact with soil or when applied as a foliar spray on leaves. These factors are projected to expand its scope in industrial applications over the coming years.
Regional Analysis:
Europe potassium alginate market led the global industry and accounted for over 35% of the total volume in 2016. The region is expected to dominate the market throughout the forecast period owing to growing demand from various end-use industries such as food & beverage, pharmaceuticals, cosmetics and others.
The presence of a large number of processing units coupled with stringent regulations regarding quality in Europe has resulted in high product demand. Furthermore, increasing R&D activities by research institutes coupled with rising awareness about potential applications are some factors that are likely to boost regional growth during the forecast period.
Asia Pacific is anticipated to be one of fastest-growing regions due to rapid industrialization along with increasing population especially in China and India which have a strong base for processed foods & beverages including confectioneries and savory snacks among others’ products requiring packaging material application expertise thus resulting Potassium Alginate Cas 9005 36 1 Market Size In terms of revenue at an estimated CAGR 6.
Growth Factors:
- Increasing demand for functional foods and beverages
- Rising awareness about the health benefits of potassium alginate
- Growing popularity of processed foods and convenience items
- Proliferation of new applications for potassium alginate in food industry
- Technological advancements in production processes
Scope Of The Report
Report Attributes
Report Details
Report Title
Potassium Alginate (Cas 9005-36-1) Market Research Report
By Type
Food Grade, Pharma Grade, Industrial Grade
By Application
Medical Industry, Food Industry, Cosmetic Industry, Others
By Companies
FMC BioPolymer, KIMICA, SNAP Natural & Alginate Products, Cargill, Shandong Jiejing Group, JiuLong Seaweed Industry, Allforlong Bio-Tech, Bright Moon Seaweed, Lianyungang Huanyu Seaweed, Xiangyu Seaweed, FMC BioPolymer, GFURI Seaweed, IRO Group
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
224
Number of Tables & Figures
157
Customization Available
Yes, the report can be customized as per your need.
Global Potassium Alginate (Cas 9005-36-1) Market Report Segments:
The global Potassium Alginate (Cas 9005-36-1) market is segmented on the basis of:
Types
Food Grade, Pharma Grade, Industrial Grade
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
Medical Industry, Food Industry, Cosmetic Industry, 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:
- FMC BioPolymer
- KIMICA
- SNAP Natural & Alginate Products
- Cargill
- Shandong Jiejing Group
- JiuLong Seaweed Industry
- Allforlong Bio-Tech
- Bright Moon Seaweed
- Lianyungang Huanyu Seaweed
- Xiangyu Seaweed
- FMC BioPolymer
- GFURI Seaweed
- IRO Group
Highlights of The Potassium Alginate (Cas 9005-36-1) 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
- Pharma Grade
- Industrial Grade
- By Application:
- Medical Industry
- Food Industry
- Cosmetic Industry
- 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 Potassium Alginate (Cas 9005-36-1) 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?
Potassium alginate is a white, odorless powder that is derived from seaweed. It can be used as an agricultural fertilizer or in cosmetics and pharmaceuticals.
Some of the major players in the potassium alginate (cas 9005-36-1) market are FMC BioPolymer, KIMICA, SNAP Natural & Alginate Products, Cargill, Shandong Jiejing Group, JiuLong Seaweed Industry, Allforlong Bio-Tech, Bright Moon Seaweed, Lianyungang Huanyu Seaweed, Xiangyu Seaweed, FMC BioPolymer, GFURI Seaweed, IRO Group.
The potassium alginate (cas 9005-36-1) market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Potassium Alginate (Cas 9005-36-1) 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 Potassium Alginate (Cas 9005-36-1) Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Potassium Alginate (Cas 9005-36-1) 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 Potassium Alginate (Cas 9005-36-1) 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 Potassium Alginate (Cas 9005-36-1) Market Size & Forecast, 2020-2028 4.5.1 Potassium Alginate (Cas 9005-36-1) Market Size and Y-o-Y Growth 4.5.2 Potassium Alginate (Cas 9005-36-1) Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Food Grade
5.2.2 Pharma Grade
5.2.3 Industrial Grade
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Medical Industry
6.2.2 Food Industry
6.2.3 Cosmetic Industry
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Potassium Alginate (Cas 9005-36-1) 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 Potassium Alginate (Cas 9005-36-1) 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Food Grade
9.6.2 Pharma Grade
9.6.3 Industrial Grade
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 Market Size Forecast by Applications
9.10.1 Medical Industry
9.10.2 Food Industry
9.10.3 Cosmetic Industry
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Food Grade
10.6.2 Pharma Grade
10.6.3 Industrial Grade
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 Market Size Forecast by Applications
10.10.1 Medical Industry
10.10.2 Food Industry
10.10.3 Cosmetic Industry
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Food Grade
11.6.2 Pharma Grade
11.6.3 Industrial Grade
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 Market Size Forecast by Applications
11.10.1 Medical Industry
11.10.2 Food Industry
11.10.3 Cosmetic Industry
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Food Grade
12.6.2 Pharma Grade
12.6.3 Industrial Grade
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 Market Size Forecast by Applications
12.10.1 Medical Industry
12.10.2 Food Industry
12.10.3 Cosmetic Industry
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Food Grade
13.6.2 Pharma Grade
13.6.3 Industrial Grade
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) Market Size Forecast by Applications
13.10.1 Medical Industry
13.10.2 Food Industry
13.10.3 Cosmetic Industry
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 Potassium Alginate (Cas 9005-36-1) Market: Competitive Dashboard
14.2 Global Potassium Alginate (Cas 9005-36-1) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 FMC BioPolymer
14.3.2 KIMICA
14.3.3 SNAP Natural & Alginate Products
14.3.4 Cargill
14.3.5 Shandong Jiejing Group
14.3.6 JiuLong Seaweed Industry
14.3.7 Allforlong Bio-Tech
14.3.8 Bright Moon Seaweed
14.3.9 Lianyungang Huanyu Seaweed
14.3.10 Xiangyu Seaweed
14.3.11 FMC BioPolymer
14.3.12 GFURI Seaweed
14.3.13 IRO Group