By Type (High Mannuronate, High Guluronate), By Product (Sodium Alginate, Calcium Alginate, Potassium Alginate, Propylene Glycol Alginate), By Application (Food &Beverages, Pharmac......euticals, Industrial, Others), By Region (North America, South America, Europe, The Middle East & Africa, Asia-Pacific), By Company (Algaia, Marine Biopolymers Limited [MBL], DuPont de Nemours, Inc., Ingredients Solutions, Inc., KIMICA, IRO Alginate Industry Co., Ltd., Ceamsa, Hyzlin, SNAP Natural & Alginate Product Pvt. Ltd., Zibo Wangfei Seaweed Tech Co., Ltd., Marine Biopolymers Limited, Qingdao Gfuri Seaweed Industrial Co., Ltd., Meron Group, Others) Read more
- Chemicals
- Jul 2023
- 192
- PDF, Excel, PPT
Market Definition
A natural polymer derived from the seaweed, primarily from the brown algae is termed as Alginate or algin. Due its qualities like biocompatibility, gel-forming capabilities, and ease to use nature makes it popular among the food & beverage, pharmaceuticals, biomedical, etc.
Market Insights & Analysis: Global Alginate Market (2023-28):
The Global Alginate Market is estimated to grow at a CAGR of around 5.7% during the forecast period, i.e., 2023-28. The market is presumed to grow owing to the rising demand from the food & beverage sectors as well surging adoption of natural ingredients among several industries. As it is generally available in granular & filamentous forms & can bind with water to form a sticky gum, therefore it is broadly utilized for thickening food products, casting dental molds, etc.
It is largely consumed by the food & beverage industry for the production of food items, such as jellies, ice creams, frozen desserts, jams, instant noodles, fruit fillings, and many more to give a nice gel-like texture to them. It is also used to produce condensed flavors & as a coating for several edible items for enhancing their appearance. Also, with the regulatory grants received from US Food & Drug Administration (FDA) & the European Commission as well as its wide acceptance in the food & beverage sector, it is projected that the demand for alginate would grow are a rapid pace.
| Report Coverage | Details |
|---|---|
| Study Period | Historical Data: 2018-21 |
| Base Year: 2022 | |
| Forecast Period: 2023-28 | |
| CAGR (2023-2028) | 5.7% |
| Regions Covered | North America: US, Canada, Mexico |
| Europe: Germany, The UK, France, Spain, Italy, Rest of Europe | |
| Asia-Pacific: China, India, Japan, South Korea, Australia, Rest of Asia-Pacific | |
| South America: Brazil, Argentina, Rest of South America | |
| Middle East & Africa: UAE, Saudi Arabia, South Africa, Rest of MEA | |
| Key Companies Profiled | Algaia, Marine Biopolymers Limited [MBL], DuPont de Nemours, Inc., Ingredients Solutions, Inc., KIMICA, IRO Alginate Industry Co., Ltd., Ceamsa, Hyzlin, SNAP Natural & Alginate Product Pvt. Ltd., Zibo Wangfei Seaweed Tech Co., Ltd., Marine Biopolymers Limited, Qingdao Gfuri Seaweed Industrial Co., Ltd., Meron Group, Others |
| Unit Denominations | USD Million/Billion |
Furthermore, customer appetite for retail products such as clothing, food, and other products is supplementing across the world. With the rising need, the textile sector is anticipated to expand to meet the novel demand, eventually contributing in enhancing the Alginate Market size. In highly industrialized areas, such as North America, textile factories are more likely to produce technical products, such as technical textiles, than commodity goods, thus yielding demand for technical grade sodium alginate, further redirecting their focus from generic to specialized specialty textiles.Alginate also has a wide presence in the medical sector as they are used during the process of healing wounds & to cure infections. With its ability to form hydrogels, alginate is used in hospitals for drug delivery & tissue engineering applications, contributing to upscaling the market growth.
Moreover, it has a significant adoption from the cosmetic or skincare industry as a thickener & emulsifier in numerous products, like creams, shampoos, lotions, hand wash, etc. Therefore, owing to the rising adoption from several industries, the Global Alginate Market is predicted to flourish in the future years.
Global Alginate Market Research Report (2023-2028) - Table of Contents
- Market Segmentation
- Introduction
- Product Definition
- Research Process
- Assumptions
- Executive Summary
- Global Alginate Market Regulations & Policy
- Global Alginate Market Trends & Developments
- Global Alginate Market Dynamics
- Drivers
- Challenges
- Global Alginate Market Hotspot & Opportunities
- Global Alginate Market Outlook, 2018-2028F
- Market Size & Analysis
- By Revenues (USD Million)
- By Volume (Tons)
- Market Share & Analysis
- By Type
- High Mannuronate - Market Size & Forecast 2018-2028, (Tons)
- High Guluronate - Market Size & Forecast 2018-2028, (Tons)
- By Product
- Sodium Alginate - Market Size & Forecast 2018-2028, (Tons)
- Calcium Alginate- Market Size & Forecast 2018-2028, (Tons)
- Potassium Alginate - Market Size & Forecast 2018-2028, (Tons)
- Propylene Glycol Alginate- Market Size & Forecast 2018-2028, (Tons)
- By Application
- Food & Beverages - Market Size & Forecast 2018-2028, (Tons)
- Bakery- Market Size & Forecast 2018-2028, (Tons)
- Confectionery- Market Size & Forecast 2018-2028, (Tons)
- Meat Products- Market Size & Forecast 2018-2028, (Tons)
- Dairy Products- Market Size & Forecast 2018-2028, (Tons)
- Sauces & Dressings- Market Size & Forecast 2018-2028, (Tons)
- Beverages- Market Size & Forecast 2018-2028, (Tons)
- Others- Market Size & Forecast 2018-2028, (Tons)
- Pharmaceutical - Market Size & Forecast 2018-2028, (Tons)
- Industrial- Market Size & Forecast 2018-2028, (Tons)
- Others- Market Size & Forecast 2018-2028, (Tons)
- Food & Beverages - Market Size & Forecast 2018-2028, (Tons)
- By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
- By Company
- Market Share
- Competition Characteristics
- By Type
- Market Size & Analysis
- North America Alginate Market Outlook, 2018-2028F
- Market Size & Analysis
- By Revenues (USD Million)
- By Volume (Tons)
- Market Share & Analysis
- By Type- Market Size & Forecast 2018-2028, (Tons)
- By Product - Market Size & Forecast 2018-2028, (Tons)
- By Application - Market Size & Forecast 2018-2028, (Tons)
- By Country
- The US
- Canada
- Mexico
- The US Alginate Market Outlook, 2018-2028F
- Market Size & Analysis
- By Revenues (USD Million)
- By Volume (Tons)
- Market Share & Analysis
- By Type- Market Size & Forecast 2018-2028, (Tons)
- By Product - Market Size & Forecast 2018-2028, (Tons)
- By Application - Market Size & Forecast 2018-2028, (Tons)
- Market Size & Analysis
- Canada Alginate Market Outlook, 2018-2028F
- Market Size & Analysis
- By Revenues (USD Million)
- By Volume (Tons)
- Market Share & Analysis
- By Type- Market Size & Forecast 2018-2028, (Tons)
- By Product - Market Size & Forecast 2018-2028, (Tons)
- By Application - Market Size & Forecast 2018-2028, (Tons)
- Market Size & Analysis
- Mexico Alginate Market Outlook, 2018-2028F
- Market Size & Analysis
- By Revenues (USD Million)
- By Volume (Tons)
- Market Share & Analysis
- By Type- Market Size & Forecast 2018-2028, (Tons)
- By Product - Market Size & Forecast 2018-2028, (Tons)
- By Application - Market Size & Forecast 2018-2028, (Tons)
- Market Size & Analysis
- Market Size & Analysis
- South America Alginate Market Outlook, 2018-2028F
- Market Size & Analysis
- By Revenues (USD Million)
- By Volume (Tons)
- Market Share & Analysis
- By Type- Market Size & Forecast 2018-2028, (Tons)
- By Product - Market Size & Forecast 2018-2028, (Tons)
- By Application - Market Size & Forecast 2018-2028, (Tons)
- By Country
- Brazil
- Argentina
- Rest of South America
- Brazil Alginate Market Outlook, 2018-2028F
- Market Size & Analysis
- By Revenues (USD Million)
- By Volume (Tons)
- Market Share & Analysis
- By Type- Market Size & Forecast 2018-2028, (Tons)
- By Product - Market Size & Forecast 2018-2028, (Tons)
- By Application - Market Size & Forecast 2018-2028, (Tons)
- Market Size & Analysis
- Argentina Alginate Market Outlook, 2018-2028F
- Market Size & Analysis
- By Revenues (USD Million)
- By Volume (Tons)
- Market Share & Analysis
- By Type- Market Size & Forecast 2018-2028, (Tons)
- By Product - Market Size & Forecast 2018-2028, (Tons)
- By Application - Market Size & Forecast 2018-2028, (Tons)
- Market Size & Analysis
- Market Size & Analysis
- Europe Alginate Market Outlook, 2018-2028F
- Market Size & Analysis
- By Revenues (USD Million)
- By Volume (Tons)
- Market Share & Analysis
- By Type- Market Size & Forecast 2018-2028, (Tons)
- By Product - Market Size & Forecast 2018-2028, (Tons)
- By Application - Market Size & Forecast 2018-2028, (Tons)
- By Country
- Germany
- The UK
- France
- Italy
- Spain
- Rest of Europe
- Germany Alginate Market Outlook, 2018-2028F
- Market Size & Analysis
- By Revenues (USD Million)
- By Volume (Tons)
- Market Share & Analysis
- By Type- Market Size & Forecast 2018-2028, (Tons)
- By Product - Market Size & Forecast 2018-2028, (Tons)
- By Application - Market Size & Forecast 2018-2028, (Tons)
- Market Size & Analysis
- The UK Alginate Market Outlook, 2018-2028F
- Market Size & Analysis
- By Revenues (USD Million)
- By Volume (Tons)
- Market Share & Analysis
- By Type- Market Size & Forecast 2018-2028, (Tons)
- By Product - Market Size & Forecast 2018-2028, (Tons)
- By Application - Market Size & Forecast 2018-2028, (Tons)
- Market Size & Analysis
- France Alginate Market Outlook, 2018-2028F
- Market Size & Analysis
- By Revenues (USD Million)
- By Volume (Tons)
- Market Share & Analysis
- By Type- Market Size & Forecast 2018-2028, (Tons)
- By Product - Market Size & Forecast 2018-2028, (Tons)
- By Application - Market Size & Forecast 2018-2028, (Tons)
- Market Size & Analysis
- Italy Alginate Market Outlook, 2018-2028F
- Market Size & Analysis
- By Revenues (USD Million)
- By Volume (Tons)
- Market Share & Analysis
- By Type- Market Size & Forecast 2018-2028, (Tons)
- By Product - Market Size & Forecast 2018-2028, (Tons)
- By Application - Market Size & Forecast 2018-2028, (Tons)
- Market Size & Analysis
- Spain Alginate Market Outlook, 2018-2028F
- Market Size & Analysis
- By Revenues (USD Million)
- By Volume (Tons)
- Market Share & Analysis
- By Type- Market Size & Forecast 2018-2028, (Tons)
- By Product - Market Size & Forecast 2018-2028, (Tons)
- By Application - Market Size & Forecast 2018-2028, (Tons)
- Market Size & Analysis
- Market Size & Analysis
- The Middle East & Africa Alginate Market Outlook, 2018-2028F
- Market Size & Analysis
- By Revenues (USD Million)
- By Volume (Tons)
- Market Share & Analysis
- By Type- Market Size & Forecast 2018-2028, (Tons)
- By Product - Market Size & Forecast 2018-2028, (Tons)
- By Application - Market Size & Forecast 2018-2028, (Tons)
- South Africa
- The UAE
- Saudi Arabia
- Rest of Middle East & Africa
- South Africa Alginate Market Outlook, 2018-2028F
- Market Size & Analysis
- By Revenues (USD Million)
- By Volume (Tons)
- Market Share & Analysis
- By Type- Market Size & Forecast 2018-2028, (Tons)
- By Product - Market Size & Forecast 2018-2028, (Tons)
- By Application - Market Size & Forecast 2018-2028, (Tons)
- Market Size & Analysis
- The UAE Alginate Market Outlook, 2018-2028F
- Market Size & Analysis
- By Revenues (USD Million)
- By Volume (Tons)
- Market Share & Analysis
- By Type- Market Size & Forecast 2018-2028, (Tons)
- By Product - Market Size & Forecast 2018-2028, (Tons)
- By Application - Market Size & Forecast 2018-2028, (Tons)
- Market Size & Analysis
- Saudi Arabia Alginate Market Outlook, 2018-2028F
- Market Size & Analysis
- By Revenues (USD Million)
- By Volume (Tons)
- Market Share & Analysis
- By Type- Market Size & Forecast 2018-2028, (Tons)
- By Product - Market Size & Forecast 2018-2028, (Tons)
- By Application - Market Size & Forecast 2018-2028, (Tons)
- Market Size & Analysis
- Market Size & Analysis
- Asia-Pacific Alginate Market Outlook, 2018-2028F
- Market Size & Analysis
- By Revenues (USD Million)
- By Volume (Tons)
- Market Share & Analysis
- By Type- Market Size & Forecast 2018-2028, (Tons)
- By Product - Market Size & Forecast 2018-2028, (Tons)
- By Application - Market Size & Forecast 2018-2028, (Tons)
- By Country
- China
- Japan
- Australia
- India
- South Korea
- Rest of Asia-Pacific
- China Alginate Market Outlook, 2018-2028F
- Market Size & Analysis
- By Revenues (USD Million)
- By Volume (Tons)
- Market Share & Analysis
- By Type- Market Size & Forecast 2018-2028, (Tons)
- By Product - Market Size & Forecast 2018-2028, (Tons)
- By Application - Market Size & Forecast 2018-2028, (Tons)
- Market Size & Analysis
- Japan Alginate Market Outlook, 2018-2028F
- Market Size & Analysis
- By Revenues (USD Million)
- By Volume (Tons)
- Market Share & Analysis
- By Type- Market Size & Forecast 2018-2028, (Tons)
- By Product - Market Size & Forecast 2018-2028, (Tons)
- By Application - Market Size & Forecast 2018-2028, (Tons)
- Market Size & Analysis
- Australia Alginate Market Outlook, 2018-2028F
- Market Size & Analysis
- By Revenues (USD Million)
- By Volume (Tons)
- Market Share & Analysis
- By Type- Market Size & Forecast 2018-2028, (Tons)
- By Product - Market Size & Forecast 2018-2028, (Tons)
- By Application - Market Size & Forecast 2018-2028, (Tons)
- Market Size & Analysis
- India Alginate Market Outlook, 2018-2028F
- Market Size & Analysis
- By Revenues (USD Million)
- By Volume (Tons)
- Market Share & Analysis
- By Type- Market Size & Forecast 2018-2028, (Tons)
- By Product - Market Size & Forecast 2018-2028, (Tons)
- By Application - Market Size & Forecast 2018-2028, (Tons)
- Market Size & Analysis
- South Korea Alginate Market Outlook, 2018-2028F
- Market Size & Analysis
- By Revenues (USD Million)
- By Volume (Tons)
- Market Share & Analysis
- By Type- Market Size & Forecast 2018-2028, (Tons)
- By Product - Market Size & Forecast 2018-2028, (Tons)
- By Application - Market Size & Forecast 2018-2028, (Tons)
- Market Size & Analysis
- Market Size & Analysis
- Competitive Outlook
- Company Profiles
- Algaia
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Marine Biopolymers Limited (MBL)
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- DuPont de Nemours, Inc.
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Ingredients Solutions, Inc.
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- KIMICA
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- IRO Alginate Industry Co., Ltd.
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Ceamsa
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Hyzlin
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- SNAP Natural & Alginate Product Pvt. Ltd.
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Shandong Jiejing Group Corporation
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Zibo Wangfei Seaweed Tech Co., Ltd.
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Marine Biopolymers Limited
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Qingdao Gfuri Seaweed Industrial Co., Ltd.
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Meron Group
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Others
- Algaia
- Company Profiles
- Disclaimer
MarkNtel Advisors follows a robust and iterative research methodology designed to ensure maximum accuracy and minimize deviation in market estimates and forecasts. Our approach combines both bottom-up and top-down techniques to effectively segment and quantify various aspects of the market. A consistent feature across all our research reports is data triangulation, which examines the market from three distinct perspectives to validate findings. Key components of our research process include:
1. Scope & Research Design At the outset, MarkNtel Advisors define the research objectives and formulate pertinent questions. This phase involves determining the type of research—qualitative or quantitative—and designing a methodology that outlines data collection methods, target demographics, and analytical tools. They also establish timelines and budgets to ensure the research aligns with client goals.
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3. Data Analysis and Validation Once data is collected, MarkNtel Advisors undertake a rigorous analysis process. This includes cleaning the data to remove inconsistencies, employing statistical software for quantitative analysis, and thematic analysis for qualitative data. Validation steps are taken to ensure the accuracy and reliability of the findings, minimizing biases and errors.
4. Data Forecast and FinalizationThe final phase involves forecasting future market trends based on the analyzed data. MarkNtel Advisors utilize predictive modeling and time series analysis to anticipate market behaviors. The insights are then compiled into comprehensive reports, featuring visual aids like charts and graphs, and include strategic recommendations to inform client decision-making