Market Research Future (Food and Beverages) Carrageenan Market Research Report | Page 4

Carrageenan Market Research Report - Forecast to 2023
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Key Player & Industry News of Carrageenan Market
The key players in the global carrageenan market are MCPI Corp (Philippines), Caldic B.V. (Netherlands), Marcel
Carrageenan (Philippines), Ina Food Industry Co Ltd. (Japan), Danlink Ingredients (Pty) Ltd. (South Africa), ACCEL
Carrageenan Corporation (Philippines), and PT Fortuna Cahaya Cemerlang (Indonesia).
The report for Global Carrageenan Market by Market Research Future covers extensive primary research. This is
accompanied by a detailed analysis of qualitative and quantitative aspects by various industry experts and key
opinion leaders to gain deeper insights into the market and industry performance. The report gives a clear picture of
the current market scenario, which includes the historical and forecasted market size, in terms of value and volume,
technological advancement, macroeconomic, and governing factors of the market. The report provides
comprehensive information about the strategies of the top companies in the industry, along with a broad study of the
different market segments and regions.
Segment:
By type, carrageenan market has been segmented into kappa carrageenan, lambda carrageenan, and iota
carrageenan and others. Among all, the kappa carrageenan type is dominating the market due to the growing
popularity of processed food products like cheese, chocolate, ice cream, and puddings. Iota carrageenan is used for
ready-to-eat meals, and lambda carrageenan is used for whipped cream.
By application, carrageenan market has been segmented into foods, beverages, pharmaceuticals, and others.
Among all, the food application will witness a higher growth rate as compared to pharmaceutical application. It is
extensively used in dairy desserts, caramel sauces, dairy & non-dairy beverages, sauces, instant dry mixes and
other meat applications.
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