Report overview
Carrageenan is a hydrocolloid, derived from red seaweed. It is used as an ingredient in various food products, such as bakery, dairy, sauces and meat products. Carrageenan has no nutritional value, and on processing, it forms a gel. It has many functions, which differ from application to application. For instance, in ice creams, carrageenan prevents meltdown, in chocolates it provides body & the texture, acts as a thickening agent in custard and a stabilizer in whipped cream.
This report aims to provide a comprehensive presentation of the global market for Food Grade Carrageenan, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Food Grade Carrageenan. This report contains market size and forecasts of Food Grade Carrageenan in global, including the following market information:
Global Food Grade Carrageenan Market Revenue, 2018-2023, 2024-2030, ($ millions)
Global Food Grade Carrageenan Market Sales, 2018-2023, 2024-2030, (Kiloton)
Global top five Food Grade Carrageenan companies in 2022 (%)
The global Food Grade Carrageenan market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million.
Kappa Carrageenan Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Food Grade Carrageenan include DuPont, Cargill, Kerry Group, CP Kelco, Ashland, Ingredion, TIC Gums and Tate and Lyle, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Food Grade Carrageenan manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Food Grade Carrageenan Market, by Type, 2018-2023, 2024-2030 ($ Millions) & (Kiloton)
Global Food Grade Carrageenan Market Segment Percentages, by Type, 2022 (%)
Kappa Carrageenan
Lota Carrageenan
Lambda Carrageenan
Global Food Grade Carrageenan Market, by Application, 2018-2023, 2024-2030 ($ Millions) & (Kiloton)
Global Food Grade Carrageenan Market Segment Percentages, by Application, 2022 (%)
Food
Beverage
Global Food Grade Carrageenan Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions) & (Kiloton)
Global Food Grade Carrageenan Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Food Grade Carrageenan revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Food Grade Carrageenan revenues share in global market, 2022 (%)
Key companies Food Grade Carrageenan sales in global market, 2018-2023 (Estimated), (Kiloton)
Key companies Food Grade Carrageenan sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
DuPont
Cargill
Kerry Group
CP Kelco
Ashland
Ingredion
TIC Gums
Tate and Lyle
Outline of Major Chapters:
Chapter 1: Introduces the definition of Food Grade Carrageenan, market overview.
Chapter 2: Global Food Grade Carrageenan market size in revenue and volume.
Chapter 3: Detailed analysis of Food Grade Carrageenan manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Food Grade Carrageenan in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Food Grade Carrageenan capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.