Market Research Future (Food and Beverages) Alginates Market Research Report - Forecast | Page 4

Alginates Market Research Report - Forecast to 2023
3 Sample Pages
Market Segments:
The global Alginate market has been divided into Type, Distribution Channel, Form and Region.
On The Basis Of Type: Laminaria, Macrocystis, Ascophyllum, Lessonia, Durvillaea, Ecklonia and others
On The Basis Of Function: Thickeners, Stabilizers, Emulsifiers, Acidity Regulators & Others
On the Basis of Application: Food and Beverages, Biofuels, Textile Industry, Paper and Pulp, Pharmaceuticals and
Others
On The Basis Of Region: Europe, North America, Asia Pacific and ROW.
Regional Analysis:
Alginate Market is segmented into Europe, APAC, North America and Rest of the World (RoW). APEJ is expected
to be the fastest growing region over the forecasted period. The key players of alginate market are dominantly
present in Europe which is driving the growth of the market in this region. The richness of raw materials in Chile and
Norway supports the production growth.
The consumption of the product in Asia Pacific is expected to rise due to the rapid development of the textile and
food & beverage industry. The penetration of the product in the pharmaceutical industry in this region is currently
limited due to their low usage in the developing economies. However, this creates a potential for the market to
expand, which is projected to boost the consumption of the product over the forecast period. In Central and South
America, the growing demand for jellies, ice creams, and lactic acid drinks is expected to drive the market growth
over the forecast period.
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