Alginate Market Emerging Trend, Top Companies, Industry Demand and Regional Analysis

Global Alginate Market was worth USD 759.8 million in 2021 and is anticipated to expand at a CAGR of 5% over 2022-2030, thereby accumulating USD 1195.58 million by the end of the analysis timeframe.

Because of their capacity to improve overall texture, create gels, raise viscosity, and stabilise dispersions, alginates are essential components in baking recipes. Changing dietary tastes and the adoption of hectic lives have resulted in an increase in baked product consumption, which has boosted alginate demand. Furthermore, they work well as foaming agents in a variety of beverages, including foamy coffee and beer. Growing customer preference for beer over other alcoholic beverages, as well as its prominence as one of the most extensively consumed beverages worldwide, should provide prospects for the sector as a whole.

Alginate is becoming more popular in the food and beverage business as it is used to make ice cream, jellies, salads, alcoholic drinks, lactic drinks, and a variety of other items. The multifunctional capabilities of alginate, which include thickening and gelling agents, emulsifiers, stabilisers, and the usage of it to improve the texture of food recipes, are a key cause for its rising demand in the food and beverage sector. It's used for dying and printing in the paper and textile industries, as well as controlling viscosity during final product processing.

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Alginate is used to give rheology, texture, stability, and/or emulsification in foods and beverages. Because of their strong calcium-binding capacity, alginates are also utilised as thickeners or gelling agents in processed cheese. Emulsification, such as in mayonnaise and salad dressings, is one of the uses of alginate in the food business. They're also employed in oil recovery techniques to reduce fluid oil's water content (e.g., by reducing or preventing emulsion formation with water). Solids suspension in liquids, such as carbon dioxide bubbles in beer; solid components suspension in beverages, such as fruit pulp. To thicken liquids such as gravies and sauces, thickening agents are used. Gelling agent for confectionary jelly or ice cream, usually in combination with another hydrocolloid (e.g., agar).
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Global Alginate Market- Segmental Analysis
By Source
• Laminaria
• Macrocystis
• Ascophyllum
• Others

By Type
• High M
• High G

By application
• Food & Beverages
o Bakery
o Confectionary
o Meat Products
o Dairy Products
o Sauces & Dressings
o Beverage
o Others
• Medical & Pharmaceutical
• Cosmetic
• Textile
• Pulp & Paper
• Others

By Product
• Sodium Alginate
• Calcium Alginate
• Potassium Alginate
• Propylene Glycol
By Function
• Thickener
• Emulsifier
• Stabilizer
• Acidity Regulator
• Others

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Key Questions Answered in This Report:
How has the global alginate market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global alginate market?
What are the key regional markets?
What is the breakup of the market based on the type?
What is the breakup of the market based on the product?
What is the breakup of the market based on the application?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global alginate market and who are the key players?
What is the degree of competition in the industry?

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