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Learn details of the Advances in Food Grade Carrageenan Market Forecast and Segments, 2016-2026

12-21-2017 12:25 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Future Market Insights

/ PR Agency: Future Market Insights
Carrageenan is a hydrocolloid, derived from red seaweed. It is used as an ingredient in various food products, such as bakery, dairy, sauces and meat products. Carrageenan has no nutritional value, and on processing, it forms a gel. It has many functions, which differ from application to application. For instance, in ice creams, carrageenan prevents meltdown, in chocolates it provides body & the texture, acts as a thickening agent in custard and a stabilizer in whipped cream.

There are three main commercial classes of carrageenan available, namely, kappa, iota and lambda. Kappa is the most used carrageenan in food, where it acts as a stabilizer, bodying agent and emulsifier in cheese, ice cream, chocolate and puddings. Iota is used for ready-to-eat meals, whereas, lambda is mostly used for whipped cream. The food grade carrageenan is often mentioned in processed food ingredients as E407 or E407a, which means it has processed seaweed. In few food products, carrageenan mentioned as a dietary fiber.

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Market Dynamics:

One of the major drivers of the food grade carrageenan market is the rising demand of processed foods. With increasing awareness about the ingredients of processed foods, the demand for organic ingredients is also on the rise. Other very important factor for the growth in carrageenan market is the multi-functionality of the product. It acts as a thicker, stabilizer, texturing and gelling agent. This replaces a lot of other products used in processed foods. In various studies, it has been found that with food-grade carrageenan (undegraded), a small percentage of degraded carrageenan was present. This resulted in health problems like colon inflammation and ulcers. Due, to this, there goes a controversy, whether carrageenan is good for consumption or not.

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Market Segmentation:

The food grade carrageenan market is segmented on the basis of application, function and source. On the basis of application, the market is segmented into dairy, meat & meat products, bakery, confectionary, beverages, sauces and others. On the basis of the function, the food grade carrageenan market is further divided by gelling, thickening, stabilization and coating. And, the source of deriving carrageenan is segmented by marine, animal and plants.

Regional Outlook:

The food grade carrageenan market is segmented on the basis of regions into North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific excluding Japan (APEJ), Middle East & Africa (MEA) and Japan. Asia-Pacific is estimated to hold the largest share in the industry, with rising number of applications. European Union and Latin America are also large producers of food-grade carrageenan, which is exported all over the world.

About FMI

Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centres in the U.S. and India.

FMI’s research and consulting services help businesses around the globe navigate the challenges in a rapidly evolving marketplace with confidence and clarity. Our customised and syndicated market research reports deliver actionable insights that drive sustainable growth. We continuously track emerging trends and events in a broad range of end industries to ensure our clients prepare for the evolving needs of their consumers

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