Global Carrageenan Market Drivers, Restraints, Potential Growth Opportunities, Product Size, Application Estimation, Vendor Competitive Landscape, Trends and Forecast 2018-2025
The global carrageenan market is on the growing curve, as the application of it is in the large scope and also are diverse. Because of its gelling, thickening and stabilizing properties, Carrageenan are extensively used in Food and beverage industry and also in the dairy industry.
Previously in 2018, the global carrageenan market size was valued at USD xx million and estimated to project USD xx million in 2025 with a CAGR of x.x% during the forecast period.
The carrageenan market trends holds one of the major drivers which is in 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. Multi-functionality is also believed to be one of the major driving factor of the market. It acts as a stabilizer, gelling agent, texturing, and thicker. This factor replaces plenty of other products used in processed foods. In past days of the market, a small percentage of degraded carrageenan were found in the food-grade carrageenan. This resulted in health diseases such as ulcers, and colon inflammation. Due, to this, the controversy took place whether carrageenan is good for consumption or a harm.
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The Carrageenans are a family of linear sulfated polysaccharides that are extracted from red edible seaweed. They are widely used in the food industry, for their gelling, thickening, and stabilizing properties. Their main application is in dairy and meat products, due to their strong binding to food proteins.
There are three essential commercial classes of carrageenan available, kappa, iota, lambda, and namely. Kappa is the believed to be one of the most used carrageenan in food, as it stabilizes, body agent and emulsifier in ice cream, puddings, chocolate, and cheese. Iota is mostly used for readymade meals, whereas, lambda is used for whipped cream. The food grade carrageenan is used in processed food ingredients such as E407 or E407a, as it is called as seaweed. Carrageenan is also said as a dietary fiber.
Leading players of the carrageenan market include Shemberg, Gelymar, CP Kelco, ISI, Cargill, TBK, Accel, CC, MCPI, TIC Gums, Brilliant, Greenfresh, LONGRUN, Global Ocean, Gather Great Ocean, Xieli, Karagen Indonesia, CEAMSA, and FMC.
Key Segmentation of the global carrageenan market 2018-2025: The market is segmented in the following types:
By type • Kappa-Carrageenan • Iota-Carrageenan • Lambda-Carrageenan
By application • Food Industry • Daily Chemical Industry • Pharmaceutical Industry • Biochemistry • Others
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