due to the presence of the largest carrageenan producing nation Phillippines and the major exporter China in the region. Moreover, the presence of large population in the region, along with the rapid rise in consumption of processed food drives the growth of Asia-Pacific carrageenan market. North America and Europe are the next largest carrageenan markets.
The increasing demand for carrageenan from the confectionary industry for chocolate manufacturing drives the growth of the North American Carrageenan market. In Europe, the increasing demand for the processed food and dairy products drives the growth of the carrageenan market, though Europe relies heavily on imports from Asia- Pacific region for their carrageenan requirements. Stringent European Union laws regarding carrageenan use hinder the growth slightly. Presence of large manufacturers and increasing demand for healthier processed foods in Latin American countries such as Argentina and Brazil drive the growth of the Latin American carrageenan market.
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Companies Profiled
The companies covered in the report include manufacturers of global carrageenan market include ACCEL, Cargill Inc, Danisco, Gelymar SA, Greenfresh, Karagen Indonesia, Kelco, Kerry Group Plc, Seatech Carrageenan Company, Shemberg, TIC Gums Corporation and Xieli.
Report Highlights:
The report provides deep insights on demand forecasts, market trends and micro and macro indicators. In addition, this report provides insights on the factors that are driving and restraining the demand of carrageenan globally as well as regionally. Moreover, IGR-Growth Matrix analysis given in the report brings an insight on the investment areas that
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