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Consumers around the world are increasingly becoming health-conscious and more aware of the ingredients in the packaged foods they consume. Today, a majority of consumers prefer natural foods as they are perceived to be safer than processed foods with artificial or synthetic ingredients. These natural ingredients are extracted from different parts of a plant. Some of the natural food colors include caramel, grape skin extract, dehydrated beets, and capsanthin. Carrageenans, lecithins, and mono and diglycerides of fatty acids are considered as the best substitutes for artificial additives as they are derived from natural sources such as sunflower, palm or soybean oils. Thus, the rise in demand for natural food additives will fuel the carrageenan market growth during the forecast period.
The rising prominence of private label products will be one of the key carrageenan market trends that will gain immense traction over the forecast period. Private-label sales are one of the most prominent strategies adopted by the vendors operating in the retail sector. Global brands and private label products differ in terms of promotion frequency and pricing, with private label products being more economical for the consumer. The demand for private-label brands will increase during the forecast period as price-conscious consumers seek quality products at competitive prices.
The carrageenan market is fairly concentrated. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this carrageenan industry analysis report will aid clients to identify new growth opportunities and design new growth strategies.
The report offers a complete analysis of various companies including:
With a complete study of the growth opportunities for the companies, EMEA will account for the highest carrageenan market share throughout the forecast period. The carrageenan market in EMEA is witnessing exponential growth due to the rising popularity of carrageenan as additives in the packaged food and beverages and personal care segments.
The food and beverages segment will account for the largest share of the carrageenan market owing to increasing awareness of the health benefits associated with this product. Additionally, the report also provides an accurate prediction of the contribution of the various segments to the growth of the carrageenan market size.
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PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
PART 05: MARKET SIZING
PART 06: FIVE FORCES ANALYSIS
PART 07: MARKET SEGMENTATION BY APPLICATION
PART 08: CUSTOMER LANDSCAPE
PART 09: REGIONAL LANDSCAPE
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
PART 12: MARKET TRENDS
PART 13: VENDOR LANDSCAPE
PART 14: VENDOR ANALYSIS
PART 15: APPENDIX
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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