Alginates Market 2018: Business Growth, Top Key Players Update, Forecast till 2023

Alginates are a group of naturally occurring anionic polysaccharides, obtained from brown algae cell walls. Alginates have potential application in biomedical and pharmaceutical sectors. Furthermore, they are also used in food products based on their thickening and stabilizing properties. They have wide application in the food industry and are used in the preparation of jams, jellies, and marmalades.

Global Key Players and Competition Analysis

Some of the key players profiled in the global alginates market are CP Kelco, Ingredients Solutions Inc., Algaia, Marine Biopolymers Limited, Dohler Group, Danisco A/S, FMC Corporation, Kimica Corporation, IRO Alginate Industry Co., Ltd., and SNAP Natural & Alginate Products Pvt Ltd.

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Segmentation Analysis

The global alginates market is segmented by source and function. By source, it is segmented into laminaria, macrocystis, ascophyllum, and others. By function, the market is segmented into thickener, emulsifier, stabilizer, acidity regulator, and others. Additionally, potential application of alginates as a stabilizer in cosmetics is one of the major reasons for its high share in the personal care products.

Regional Analysis

The Global Alginates Market is segmented into North America, Europe, Asia-Pacific, and Rest of the World. North America is dominating the alginates market followed by Europe. The U.S., in North America, is experiencing a high demand for alginates owing to increasing demand in food and beverages. Moreover, increased demand for alginates in personal care products is further supporting the sales of alginates in the global market.

Market Scope

Escalating demand for sweetened confectionery products has directly influenced the sales of gelling agents across the globe. Apart from the conventionally used thickening and gelling agents, the sales of alginates have been continuously witnessing a surge. The demand for potential low-cost thickeners and stabilizers is also driving the market of alginates across various industries. Alginates are used in personal care products and hence, the market is witnessing huge demand.

Browse the market data and information spread across 115 pages with 43 data tables and 12 figures of the report Alginates Market Research Report – Forecast to 2023 in-depth alongside table of content (TOC) at: https://www.marketresearchfuture.com/reports/alginates-market-1581

Industry News

Nov 2017 Algaia S.A. introduces Satialgine DVA, a next-generation seaweed extract ingredient for dairy and non-dairy desserts. This alginate line provides a unique rich and creamy texture in desserts such as low-fat dairy flans.

May 2017 Algaia, S.A., and AIDP, Inc. announce their entry into a distribution partnership to market Algaia’s alginates and other specialty marine-based solutions to customers in Canada, USA and Mexico.

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