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Food Grade Carrageenan-Global Market Insights and Sales Trends 2024
Synopsis
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.
The global Food Grade Carrageenan market size is expected to reach US$ 935.1 million by 2029, growing at a CAGR of 6.2% from 2023 to 2029. The market is mainly driven by the significant applications of Food Grade Carrageenan in various end use industries. The expanding demands from the Food and Beverage, are propelling Food Grade Carrageenan market. Kappa Carrageenan, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Lota Carrageenan segment is estimated at % CAGR for the next seven-year period.
Plant extracts industry as a whole is still in a rapid development stage, with people's pursuit of natural green and health, the future of new varieties of plant extracts and applications will continue to be developed, specialization and refinement of the requirements of the gradual increase in industry concentration will gradually increase. With the gradual growth of China's traditional Chinese medicine industry and food industry, the market scale of China's plant extract industry will also continue to expand. Based on our research, the market size of China's plant extract industry will grow at a CAGR of 10% from 2023 to 2028.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Food Grade Carrageenan, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Food Grade Carrageenan market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Food Grade Carrageenan market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Food Grade Carrageenan sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Food Grade Carrageenan covered in this report include DuPont, Cargill, Kerry Group, CP Kelco, Ashland, Ingredion, TIC Gums and Tate and Lyle, etc.
The global Food Grade Carrageenan market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
DuPont
Cargill
Kerry Group
CP Kelco
Ashland
Ingredion
TIC Gums
Tate and Lyle
Global Food Grade Carrageenan market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Food Grade Carrageenan market, Segment by Type:
Kappa Carrageenan
Lota Carrageenan
Lambda Carrageenan
Global Food Grade Carrageenan market, by Application
Food
Beverage
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Food Grade Carrageenan manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Food Grade Carrageenan in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
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.
The global Food Grade Carrageenan market size is expected to reach US$ 935.1 million by 2029, growing at a CAGR of 6.2% from 2023 to 2029. The market is mainly driven by the significant applications of Food Grade Carrageenan in various end use industries. The expanding demands from the Food and Beverage, are propelling Food Grade Carrageenan market. Kappa Carrageenan, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Lota Carrageenan segment is estimated at % CAGR for the next seven-year period.
Plant extracts industry as a whole is still in a rapid development stage, with people's pursuit of natural green and health, the future of new varieties of plant extracts and applications will continue to be developed, specialization and refinement of the requirements of the gradual increase in industry concentration will gradually increase. With the gradual growth of China's traditional Chinese medicine industry and food industry, the market scale of China's plant extract industry will also continue to expand. Based on our research, the market size of China's plant extract industry will grow at a CAGR of 10% from 2023 to 2028.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Food Grade Carrageenan, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Food Grade Carrageenan market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Food Grade Carrageenan market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Food Grade Carrageenan sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Food Grade Carrageenan covered in this report include DuPont, Cargill, Kerry Group, CP Kelco, Ashland, Ingredion, TIC Gums and Tate and Lyle, etc.
The global Food Grade Carrageenan market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
DuPont
Cargill
Kerry Group
CP Kelco
Ashland
Ingredion
TIC Gums
Tate and Lyle
Global Food Grade Carrageenan market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Food Grade Carrageenan market, Segment by Type:
Kappa Carrageenan
Lota Carrageenan
Lambda Carrageenan
Global Food Grade Carrageenan market, by Application
Food
Beverage
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Food Grade Carrageenan manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Food Grade Carrageenan in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Food Grade Carrageenan Market Overview
1.1 Food Grade Carrageenan Product Overview
1.2 Food Grade Carrageenan Market Segment by Type
1.2.1 Kappa Carrageenan
1.2.2 Lota Carrageenan
1.2.3 Lambda Carrageenan
1.3 Global Food Grade Carrageenan Market Size by Type
1.3.1 Global Food Grade Carrageenan Market Size Overview by Type (2018-2029)
1.3.2 Global Food Grade Carrageenan Historic Market Size Review by Type (2018-2023)
1.3.3 Global Food Grade Carrageenan Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Food Grade Carrageenan Sales Breakdown by Type (2018-2023)
1.4.2 Europe Food Grade Carrageenan Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Food Grade Carrageenan Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Food Grade Carrageenan Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Food Grade Carrageenan Sales Breakdown by Type (2018-2023)
2 Global Food Grade Carrageenan Market Competition by Company
2.1 Global Top Players by Food Grade Carrageenan Sales (2018-2023)
2.2 Global Top Players by Food Grade Carrageenan Revenue (2018-2023)
2.3 Global Top Players by Food Grade Carrageenan Price (2018-2023)
2.4 Global Top Manufacturers Food Grade Carrageenan Manufacturing Base Distribution, Sales Area, Product Type
2.5 Food Grade Carrageenan Market Competitive Situation and Trends
2.5.1 Food Grade Carrageenan Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Food Grade Carrageenan Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Food Grade Carrageenan as of 2022)
2.7 Date of Key Manufacturers Enter into Food Grade Carrageenan Market
2.8 Key Manufacturers Food Grade Carrageenan Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Food Grade Carrageenan Status and Outlook by Region
3.1 Global Food Grade Carrageenan Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Food Grade Carrageenan Historic Market Size by Region
3.2.1 Global Food Grade Carrageenan Sales in Volume by Region (2018-2023)
3.2.2 Global Food Grade Carrageenan Sales in Value by Region (2018-2023)
3.2.3 Global Food Grade Carrageenan Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Food Grade Carrageenan Forecasted Market Size by Region
3.3.1 Global Food Grade Carrageenan Sales in Volume by Region (2024-2029)
3.3.2 Global Food Grade Carrageenan Sales in Value by Region (2024-2029)
3.3.3 Global Food Grade Carrageenan Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Food Grade Carrageenan by Application
4.1 Food Grade Carrageenan Market Segment by Application
4.1.1 Food
4.1.2 Beverage
4.2 Global Food Grade Carrageenan Market Size by Application
4.2.1 Global Food Grade Carrageenan Market Size Overview by Application (2018-2029)
4.2.2 Global Food Grade Carrageenan Historic Market Size Review by Application (2018-2023)
4.2.3 Global Food Grade Carrageenan Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Food Grade Carrageenan Sales Breakdown by Application (2018-2023)
4.3.2 Europe Food Grade Carrageenan Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Food Grade Carrageenan Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Food Grade Carrageenan Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Food Grade Carrageenan Sales Breakdown by Application (2018-2023)
5 North America Food Grade Carrageenan by Country
5.1 North America Food Grade Carrageenan Historic Market Size by Country
5.1.1 North America Food Grade Carrageenan Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Food Grade Carrageenan Sales in Volume by Country (2018-2023)
5.1.3 North America Food Grade Carrageenan Sales in Value by Country (2018-2023)
5.2 North America Food Grade Carrageenan Forecasted Market Size by Country
5.2.1 North America Food Grade Carrageenan Sales in Volume by Country (2024-2029)
5.2.2 North America Food Grade Carrageenan Sales in Value by Country (2024-2029)
6 Europe Food Grade Carrageenan by Country
6.1 Europe Food Grade Carrageenan Historic Market Size by Country
6.1.1 Europe Food Grade Carrageenan Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Food Grade Carrageenan Sales in Volume by Country (2018-2023)
6.1.3 Europe Food Grade Carrageenan Sales in Value by Country (2018-2023)
6.2 Europe Food Grade Carrageenan Forecasted Market Size by Country
6.2.1 Europe Food Grade Carrageenan Sales in Volume by Country (2024-2029)
6.2.2 Europe Food Grade Carrageenan Sales in Value by Country (2024-2029)
7 Asia-Pacific Food Grade Carrageenan by Region
7.1 Asia-Pacific Food Grade Carrageenan Historic Market Size by Region
7.1.1 Asia-Pacific Food Grade Carrageenan Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Food Grade Carrageenan Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Food Grade Carrageenan Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Food Grade Carrageenan Forecasted Market Size by Region
7.2.1 Asia-Pacific Food Grade Carrageenan Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Food Grade Carrageenan Sales in Value by Region (2024-2029)
8 Latin America Food Grade Carrageenan by Country
8.1 Latin America Food Grade Carrageenan Historic Market Size by Country
8.1.1 Latin America Food Grade Carrageenan Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Food Grade Carrageenan Sales in Volume by Country (2018-2023)
8.1.3 Latin America Food Grade Carrageenan Sales in Value by Country (2018-2023)
8.2 Latin America Food Grade Carrageenan Forecasted Market Size by Country
8.2.1 Latin America Food Grade Carrageenan Sales in Volume by Country (2024-2029)
8.2.2 Latin America Food Grade Carrageenan Sales in Value by Country (2024-2029)
9 Middle East and Africa Food Grade Carrageenan by Country
9.1 Middle East and Africa Food Grade Carrageenan Historic Market Size by Country
9.1.1 Middle East and Africa Food Grade Carrageenan Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Food Grade Carrageenan Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Food Grade Carrageenan Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Food Grade Carrageenan Forecasted Market Size by Country
9.2.1 Middle East and Africa Food Grade Carrageenan Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Food Grade Carrageenan Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 DuPont
10.1.1 DuPont Company Information
10.1.2 DuPont Introduction and Business Overview
10.1.3 DuPont Food Grade Carrageenan Sales, Revenue and Gross Margin (2018-2023)
10.1.4 DuPont Food Grade Carrageenan Products Offered
10.1.5 DuPont Recent Development
10.2 Cargill
10.2.1 Cargill Company Information
10.2.2 Cargill Introduction and Business Overview
10.2.3 Cargill Food Grade Carrageenan Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Cargill Food Grade Carrageenan Products Offered
10.2.5 Cargill Recent Development
10.3 Kerry Group
10.3.1 Kerry Group Company Information
10.3.2 Kerry Group Introduction and Business Overview
10.3.3 Kerry Group Food Grade Carrageenan Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Kerry Group Food Grade Carrageenan Products Offered
10.3.5 Kerry Group Recent Development
10.4 CP Kelco
10.4.1 CP Kelco Company Information
10.4.2 CP Kelco Introduction and Business Overview
10.4.3 CP Kelco Food Grade Carrageenan Sales, Revenue and Gross Margin (2018-2023)
10.4.4 CP Kelco Food Grade Carrageenan Products Offered
10.4.5 CP Kelco Recent Development
10.5 Ashland
10.5.1 Ashland Company Information
10.5.2 Ashland Introduction and Business Overview
10.5.3 Ashland Food Grade Carrageenan Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Ashland Food Grade Carrageenan Products Offered
10.5.5 Ashland Recent Development
10.6 Ingredion
10.6.1 Ingredion Company Information
10.6.2 Ingredion Introduction and Business Overview
10.6.3 Ingredion Food Grade Carrageenan Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Ingredion Food Grade Carrageenan Products Offered
10.6.5 Ingredion Recent Development
10.7 TIC Gums
10.7.1 TIC Gums Company Information
10.7.2 TIC Gums Introduction and Business Overview
10.7.3 TIC Gums Food Grade Carrageenan Sales, Revenue and Gross Margin (2018-2023)
10.7.4 TIC Gums Food Grade Carrageenan Products Offered
10.7.5 TIC Gums Recent Development
10.8 Tate and Lyle
10.8.1 Tate and Lyle Company Information
10.8.2 Tate and Lyle Introduction and Business Overview
10.8.3 Tate and Lyle Food Grade Carrageenan Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Tate and Lyle Food Grade Carrageenan Products Offered
10.8.5 Tate and Lyle Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Food Grade Carrageenan Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Food Grade Carrageenan Industrial Chain Analysis
11.4 Food Grade Carrageenan Market Dynamics
11.4.1 Food Grade Carrageenan Industry Trends
11.4.2 Food Grade Carrageenan Market Drivers
11.4.3 Food Grade Carrageenan Market Challenges
11.4.4 Food Grade Carrageenan Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Food Grade Carrageenan Distributors
12.3 Food Grade Carrageenan Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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