Food Grade Alginate Market is valued at USD 760.84 Million in 2021 and is anticipated to reach USD 1063.46 Million over the forecast period 2028, at a CAGR of 4.9%.
Food grade alginate is also called alginic acid. It is a food grade alginate mainly derived from brown algae species. It is extensively used in food and beverage industry as a thickening agent or used to form films and membranes, and is widely used as an ingredient by food manufacturers because of its high preference for reconstituted foods such as meat or fish. The U.S. Food and Drug Administration (FDA) in title 21 of CFR categorized food grade alginate as a GRAS substance and lists its applications as a thickener, emulsifier, stabilizer, and gelling agent.
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The latest research on the Food Grade Alginate Market provides a comprehensive overview of the market. It gives a comprehensive picture of the global Food Grade Alginate industry, considering all significant industry trends, market dynamics, competitive landscape, and market analysis tools such as Porter’s five forces analysis, Industry Value chain analysis, and PESTEL analysis of the Food Grade Alginate Market. Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years.
The Major Players in The Food Grade Alginate Market Include:
- IRO Alginate Industry Co.Ltd
- Ceamsa Algae
- SNAP Natural & Alginate Product Pvt. Ltd.
- Marine Biopolymers Limited (MBL)
- DuPont de Nemours
- Ingredients Solutions
- Shandong Jiejing Group Corporation Others major Players.
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Market has segmented the global Food Grade Alginate Market on the basis of type, application, and region:
- Liquid forms
- Paper Bags
- Fiber Drums
- FIBC Bulk
- Food & Beverage
- Feed Additives
- North America (U.S., Canada, Mexico)
- Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
- Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
- South America (Brazil, Argentina, Rest of SA)
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Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled
Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players
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