Press release
Global Carrageenan Market is poised to reach USD 962.58 Million by 2021
View report at http://www.marketdataforecast.com/market-reports/global-carrageenan-market-1595/
Carrageenan is polysaccharide, consumed as a natural preservative in several food and pharmacological applications. Carrageenan is mostly found in the Atlantic oceans near to North America and Europe. There are numerous carrageenan’s, divergent in their chemical arrangement and properties, and consequently in their usages.
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One of the key drivers of the food grade carrageenan market is the increasing demand of treated foods. With growing awareness about the constituents of processed foods, the demand for organic ingredients is also on escalation. Growing demand for hydrocolloids from several industries such as pharmaceutical, food & beverages, personal care & cosmetics is estimated to complement the market growth over the forecast period.
Market Segmentation:
By Type:
Kappa
Lota
Lambda
By Application:
Food Industry
Dairy
Meat
Beverages
Pet Food
Pharmaceutical Industry
Cosmetics Industry
By Grade:
Refined Carrageenan
Semi Refined Carrageenan
By Seaweed Source:
Gigartina
Chondrus
Iridaea
Eucheuma
By Geography:
North America
Europe
Asia-Pacific
Latin America
Middle-East and Africa
The major players in the food grade carrageenan industry are AEP Colloids, Shemberg Marketing Corporation, Ingredients Solutions Inc., Gelymar SA, Soriano SA, Marcel Trading Corporation, Danisco A/S, Scalzo Food Industries, Altrafine Gums, TIC Gums Incorporation, Gum Technology Corporation, DuPont (U.S.), Cargill (U.S.), Kerry Group (Ireland), CP Kelco (U.S.), Ashland Inc (U.S.), Ingredion (U.S.), TIC Gums (U.S.) and Tate & Lyle (U.K.).
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