The Alginate market is gaining popularity among various industries owing to its increasing application. Market Research Future, a firm which specializes in market reports related to the Food and Beverage sector among others, recently forecasted in its report on Global Alginate Market Research Report- Forecast to 2027 that the market will demonstrate a remarkable growth during the forecast period.
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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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. Among all, the thickener segment dominates the market based on high demand for thickeners from food and beverages, pharmaceuticals, and personal care manufacturing industries.
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. Asia-Pacific is the fastest growing region for alginates market, owing to the developing economy and improved procurement practices in the emerging markets of China, India, and Japan.
High R&D investments are expected to support the growth of the global alginates market during the forecast period, 2017-2023. Investments by manufacturers in procurement technology have supported in increasing the production capacity of alginates, thereby, increasing its availability across the globe.
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
Jan 2017 Algaia has bolstered its growth in specialty marine ingredients by completing the acquisition of Cargill’s Alginate business and manufacturing plant.
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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