Global Carrageenan Market 2018-2022

Below are some of the key findings from the carrageenan market research report:

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Global carrageenan industry overview

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.

Top carrageenan companies covered in this market research report

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:

• AEP Colloids
• Cargill
• CP Kelco
• DowDuPont
• Gelymar
• Ingredients Solutions
• Groupe Roullier

Carrageenan market segmentation based on geographic regions

• Americas
• APAC
• EMEA

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.

Carrageenan market segmentation based on application

• Food and beverage
• Personal Care

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.

Key highlights of the global carrageenan market for the forecast years 2018-2022:

• CAGR of the market during the forecast period 2018-2022
• Detailed information on factors that will accelerate the growth of the carrageenan market during the next five years
• Precise estimation of the global carrageenan market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the carrageenan industry across the Americas, APAC, and EMEA
• A thorough analysis of the market’s competitive landscape and detailed information on several vendors
• Comprehensive details on the factors that will challenge the growth of carrageenan companies

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