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Alginates & Derivatives Market worth $1,116.75 million by 2030, growing at a CAGR of 6.50% - Exclusive Report by 360iResearch
Alginates & Derivatives Market | 360iResearch
The Global Alginates & Derivatives Market to grow from USD 718.58 million in 2023 to USD 1,116.75 million by 2030, at a CAGR of 6.50%.
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Alginate & derivatives are the compounds found within the cell walls of brown algae. The alginate is combined with water to create a viscous gum paste, perfect for molding dental impressions or other small-scale products. Alginates are derived from seaweed and have a variety of uses, including the manufacture of food additives, pharmaceutical products, cosmetics, detergents, and textiles. Increasing demand for natural ingredients and their ability to provide a renewable alternative to synthetic materials is accelerating the use of alginates and their derivatives in the textile industry. Derivatives such as algae-based polysaccharides are used in food products as thickening agents and stabilizers. However, functional issues and complexities to large-scale production may adversely impact the use of alginates & derivatives. Moreover, the growing focus on developing renewable and novel alginates & derivatives and expanding applications in biomedicine are expected to facilitate the usage of alginates & derivatives across end-use industries worldwide.
The alginates & derivatives are steadily growing in the Americas owing to the increasing demand for processed food products with improved textures and shelf-life and the rising production of personal care and pharmaceutical products. Growing consumer inclination towards healthy lifestyles is also boosting the demand for natural ingredients such as alginates & derivatives in the food and beverage industry in the APAC region. The rising focus on drug development and the introduction of growing usage of food-grade alginates, owing to their use as a stabilizer and emulsifier in food products, is expanding the use of alginates & derivatives in the EMEA region. Additionally, advances in pharmaceutical technology, growing demand for alginate-based drug delivery systems, and growing focus on developing safe, natural, and organic products are expected to encourage the adoption of alginates & derivatives by the end-use industries across the globe.
Market Segmentation & Coverage:
This research report categorizes the Alginates & Derivatives Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Class, market is studied across Type I Fast Setting and Type II Normal Setting. The Type II Normal Setting is projected to witness significant market share during forecast period.
Based on Type, market is studied across Ammonium Alginate, Calcium Alginate, Magnesium Alginate, Potassium Alginate, Propylene Glycol Alginate, Sodium Alginate, and Zinc Alginate. The Potassium Alginate is projected to witness significant market share during forecast period.
Based on Form, market is studied across Filamentous, Gel, and Powder. The Gel is projected to witness significant market share during forecast period.
Based on Application, market is studied across Fertilizers, Food & Beverage, Industrial, Personal Care, and Pharmaceutical. The Industrial is projected to witness significant market share during forecast period.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 38.03% in 2023, followed by Europe, Middle East & Africa.
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FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Alginates & Derivatives Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Alginates & Derivatives Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the Alginates & Derivatives Market, highlighting leading vendors and their innovative profiles. These include AEP Colloids, Barentz International BV, Brenntag SE, Cargill, Incorporated, CD Bioparticles, CELLINK Bioprinting AB by BICO Group AB, COMPAÑIA ESPAÑOLA DE ALGAS MARINAS S A, DuPont de Nemours, Inc., FMC Corporation, Gino Gums & Stabilizers, Iro Alginate Industry Co., Ltd., J. Rettenmaier & Söhne GmbH + Co KG, KIMICA Corporation, LABH ADDITIVES, Lianyungang Fengyun Seaweed Manufacturer Co.,Ltd., Marine Biopolymers Ltd., Marine Hydrocolloids, McKinley Resources Inc., Meron Group, Newstetic USA, Penta Manufacturing Company, Powder Pack Chem, Prinova Group LLC, Qingdao bright moon seaweed group co., LTD., Qingdao Hyzlin Biology Development Co.,Ltd., S.R.K. Enterprises, Shandong Jiejing Group Co., Ltd., SNP, Inc., Spectrum Laboratory Products, Inc., The Ingredient House, and Wego Chemical Group.
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Alginates & Derivatives Market, by Class
7. Alginates & Derivatives Market, by Type
8. Alginates & Derivatives Market, by Form
9. Alginates & Derivatives Market, by Application
10. Americas Alginates & Derivatives Market
11. Asia-Pacific Alginates & Derivatives Market
12. Europe, Middle East & Africa Alginates & Derivatives Market
13. Competitive Landscape
14. Competitive Portfolio
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Alginates & Derivatives Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Alginates & Derivatives Market?
3. What is the competitive strategic window for opportunities in the Alginates & Derivatives Market?
4. What are the technology trends and regulatory frameworks in the Alginates & Derivatives Market?
5. What is the market share of the leading vendors in the Alginates & Derivatives Market?
6. What modes and strategic moves are considered suitable for entering the Alginates & Derivatives Market?
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