Global Alginate Derivatives Market 2023-2027
The alginate derivatives market is forecasted to grow by USD 140.51 mn during 2022-2027, accelerating at a CAGR of 5.05% during the forecast period. The report on the alginate derivatives market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing usage of alginates in biomedical applications, growing consumer demand for natural food additives, and rising demand for alginates and derivatives from textile industry.
Technavio's alginate derivatives market is segmented as below:
By Type
- Sodium alginate
- Calcium alginate
- Potassium alginate
- PGA
- Others
By Application
- Food and beverages
- Industrial
- Pharmaceutical
- Others
By Geographical Landscape
- North America
- APAC
- Europe
- South America
- Middle East and Africa
This study identifies the growing consumption of processed and convenience food as one of the prime reasons driving the alginate derivatives market growth during the next few years. Also, growing utilization of alginates derivatives in gluten-free products and rising application areas of alginates derivatives will lead to sizable demand in the market.
The report on the alginate derivatives market covers the following areas:
- Alginate derivatives market sizing
- Alginate derivatives market forecast
- Alginate derivatives market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading alginate derivatives market vendors that include Ashland Inc., BRENNTAG SE, Cargill Inc., DuPont de Nemours Inc., FMC Corp., IRO Alginate Industry Co. Ltd., J RETTENMAIER and SOHNE GmbH and Co KG, JRS PHARMA GmbH and Co. KG, KIMICA Corp., Marinalg International, Marine Biopolymers Ltd., Mytech Inc., Qingdao Allforlong Bio-Tech Co., Ltd. , Qingdao Bright Moon Seaweed Group Co. Ltd., Qingdao Fengrun Seaweed Co. Ltd., QINGDAO GFURI SEAWEED INDUSTRIAL Co. Ltd., Shandong Jiejing Group Corp., SNAP Natural and Alginate Products Pvt. Ltd., SNP Inc., and Syngenta Crop Protection AG. Also, the alginate derivatives market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.