Global Alginates and Derivatives
Market Report
2024
Alginates and derivatives market size will be USD 490 million in 2024 and will expand at a compound annual growth rate (CAGR) of 5.4% from 2024 to 2031.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global alginates and derivatives market size will be USD 490 million in 2024 and will expand at a compound annual growth rate (CAGR) of 5.4% from 2024 to 2031.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Alginates and Derivatives Market Sales Revenue 2024 | $ 490 Million |
Global Alginates and Derivatives Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 5.4% |
Market Split by Type |
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Market Split by Application |
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Market Split by Form |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Alginates and Derivatives Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Alginates are naturally occurring polysaccharides derived from brown seaweed, used in various industries for their gelling, thickening, and stabilizing properties. Derivatives like sodium alginate have applications in food, pharmaceuticals, and cosmetics. One of the key drivers propelling the growth of the alginates and derivatives market is the rising demand for natural ingredients. Consumers are demanding products made from natural sources due to health and sustainability concerns. They are used widely in food, pharmaceuticals, and personal care products as thickeners, stabilizers, and gelling agents. It is fueled by a shift towards clean-label products and eco-friendly solutions in various industries, supporting the growth of alginates and their derivatives.
Technological Developments—Technological developments are one key driver in the alginates and derivatives market. Innovations such as improved extraction methods, enzymatic modification processes, and novel applications in food, pharmaceuticals, and cosmetics have expanded market opportunities. The commencement of new techniques has enhanced efficiency and product quality. Additionally, developments in alginate-based biomaterials for wound care and tissue engineering showcase the expanding technological landscape within this sector, contributing to the market's expansion. Environmental Concerns and Sustainability.
High manufacturing costs are hindering market growth. Regulatory constraints in the alginates and derivatives market affect the growth of algae.
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In March 2023, JRS Group, a prominent manufacturer of functional ingredients derived from plant-based sources, bolstered its position in the seaweed ingredient market through the acquisition of Algaia SA. Algaia SA, known for its sustainable production of seaweed extracts and hydrocolloids, has become a strategic addition to JRS Group's portfolio. JRS Group's strategic acquisitions strengthen its overall capabilities and market share. The integration of Algaia's production site expands JRS Group's capacity and product offerings, enhancing its competitiveness in delivering high-quality seaweed-derived ingredients.
(Source: https://www.algaia.com/en/index.php/2023/03/27/algaia-acquired-by-the-jrs-group/)
Top Companies Market Share in Alginates and Derivatives Industry: (In no particular order of Rank)
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According to Cognitive Market Research, North America dominated the market in 2024 and accounted for around 40% of the global revenue due to rising demand for alginates in processed foods, sauces, dressings, and dairy products, increasing consumer awareness of health benefits, substantial product penetration in pharmaceutical applications and advanced wound care therapies utilizing alginates?. The market is expected to grow steadily despite challenges such as volatile seaweed production and competition from other biopolymers.
Asia-Pacific stands out as the fastest-growing region in the alginates and derivatives market due to increasing consumer awareness about health benefits, expanding application spectrum in multiple industries, rapid industrialization, and rising demand for natural ingredients in food and pharmaceutical applications?. Countries like China and India are key markets within the region due to their expanding industrial and food sectors.
The current report Scope analyzes Alginates and Derivatives Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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Global Alginates and Derivatives Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Alginates and Derivatives Industry growth. Alginates and Derivatives market has been segmented with the help of its Type, Application Form, and others. Alginates and Derivatives market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
According to Cognitive Market Research, sodium alginate is the dominating category. It is fueled by increasing demand for natural ingredients and sustainable solutions. It is valued for its gelling, thickening, and stabilizing properties, driving demand in food products like dairy and beverages. This broad utility underscores sodium alginate's significance across multiple sectors within the alginates and derivatives market.
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This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends and opportunities for each application of Alginates and Derivatives from 2019 to 2031. This will also help to analyze the demand for Alginates and Derivatives across different end-use industries. Our research team will also help acquire additional data such as Value Chain, Patent analysis, Company Evaluation Quadrant (Matrix), and much more confidential analysis and data insights.
Some of the key Application of Alginates and Derivatives are:
The above Graph is for representation purposes only. This chart does not depict actual Market share.
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Senior Analyst at Cognitive Market Research
I am working as a Senior Analyst with Cognitive Market Research in the areas of Industry Survey and Market Research/Analytics. I collaborate with CXOs, VPs, and other senior executives to understand their data needs and provide solutions and business strategy building.
I am working as a Senior Analyst with Cognitive Market Research in the areas of Industry Survey and Market Research/Analytics. I collaborate with CXOs, VPs, and other senior executives to understand their data needs and provide solutions and business strategy building. I fulfill data requirements with thorough research and analytics. ME and My research team provide intelligence on industry stats, market structure, company profiles/Competition Analysis, Forecast Mapping, and Recently started providing the COVID-19 Impact Analysis.
Specialties: Industry research, Company analysis, Location Strategy, Tech Research, Change Management, Process Improvement, Peer Group Benchmarking, Startup Ecosystem, Crypto Research, COVID19 Impact Analysis, etc.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Alginates and Derivatives Market is witnessing significant growth in the near future.
In 2023, the Sodium Alginate segment accounted for noticeable share of global Alginates and Derivatives Market and is projected to experience significant growth in the near future.
The Food & Beverages segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies FMC Corporation (US) , Cargill Inc (US) and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
https://www.epa.gov/regulatory-information-sector/construction-sector-naics-23
https://www.usace.army.mil/Missions/Civil-Works/Engineering-and-Construction/
https://www.abs.gov.au/statistics/industry/building-and-construction
https://business.gov.au/planning/industry-information/construction-industry
https://www.usitc.gov/research_and_analysis/tradeshifts/2021/footwear
Disclaimer:
Type | Sodium Alginate, Calcium Alginate, Potassium Alginate, PGA, Other Types |
Application | Food & Beverages, Industrial, Pharmaceuticals, Other Applications |
Form | Powder, Liquid, Gel form |
List of Competitors | FMC Corporation (US), Kimica Corporation (Japan), Cargill Inc (US), E.I. Dupont De Nemours And Company (US), The Dow Chemical Company (UK), Penford Corporation (US), Ashland Inc (US), Brenntag AG (Germany), Dastech International, Inc (US), Döhler Group (Germany), Qingdao Gfuri (China), SNP Inc (US), Mytech Inc (US), Shandong Jiejing Group Corporation (China), Ingredients Solutions Inc (US), Snap Natural & Alginate Products Pvt Ltd (India), Bright Moon Group (China) |
This chapter will help you gain GLOBAL Market Analysis of Alginates and Derivatives. Further deep in this chapter, you will be able to review Global Alginates and Derivatives Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
Chapter 3 Europe Market Analysis
Chapter 4 Asia Pacific Market Analysis
Chapter 5 South America Market Analysis
Chapter 6 Middle East and Africa Market Analysis
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Application Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 12 Market Split by Form Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Alginates and Derivatives market
Chapter 13 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Sodium Alginate have a significant impact on Alginates and Derivatives market? |
What are the key factors affecting the Sodium Alginate and Calcium Alginate of Alginates and Derivatives Market? |
What is the CAGR/Growth Rate of Food & Beverages during the forecast period? |
By type, which segment accounted for largest share of the global Alginates and Derivatives Market? |
Which region is expected to dominate the global Alginates and Derivatives Market within the forecast period? |
Segmentation Level Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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