According to the report, global demand for Carrageenan Gum market was valued at approximately USD 834.7 million in 2019, and is expected to generate revenue of around USD 1082.2 million by end of 2026, growing at a CAGR of around 3.78 % between 2020 and 2026.
Carrageenan is a food additive extracted from class Rhodophyceae. It is a family of sulphated polysaccharides and posses the hydrocolloid properties. Carrageenan is used as a food stabilizer, gelling and thickening agent. Carrageenan is high molecular weight polysaccharides with repeating galactose units. Lambda,iota and kappa are the commercial classes of carrageenan in which kappa forms strong rigid gels, iota gives soft gels whereas lambda does not form gel and is used as a thickener.
There has been rapid growth in food and beverage industry around the globe. The sharp rise in demand for gelling agents, food additives fuels the growth of carrageenan gum market. Moreover, rising demand for processed food along with an increase in spending capacity per captia is expected to propel the market growth. Furthermore, escalating food chain worldwide fosters the growth of carrageenan gum market. However, the presence of substitutes in the market such as cellulose and xanthan is the only restrain for the carrageenan gum market. Nevertheless, superior gelling and additive properties of carrageenan gum is likely to offer ample opportunities for the market in the forecast period.
The report provides a comprehensive view on analysis of Porter’s Five Forces model for the carrageenan gum market. The study includes a market attractiveness analysis, wherein type, application, and end-user segments are benchmarked based on their market size, growth rate and general attractiveness. The report also analyzes several driving and restraining factors and their impact on the market during the forecast period.
Carrageenan gum can be characterized depending on the chemical composition such as lambda,iota and kappa. Iota and kappa are widely used as gelling agents in food and are obtained after reaction with calcium and potassium salts. Meat & poultry, dairy, water gels, toothpaste and others are some of the major applications for the carrageenan gum market. The dairy industry is the prominent segment owing to various applications of carrageenan gum in this industry. Ice- cream, chocolate milk, mixes are some of the products formed due to the use of carrageenan gum. Meat processing industry utilizes the carrageenan gum in precooked meat and chicken pieces.
On basis of end user, the carrageenan gum market can be segmented as food and beverage industry, pharmaceuticals, cosmetics and others. Food and beverage industry have several and diverse application of carrageenan gum. The carrageenan gum is used in dips, sauces, caramel, instant mixes and in the manufacturing of various dairy products. As carrageenan gum posses the gelling property which is used as gelling agent in the pharmaceutical industry. Cosmetics has the huge stake in developing market for carrageenan gum in the forecast period.
Asia Pacific followed by Europe is the foremost markets for the carrageenan gum market. Some of the factors such as growing attraction towards processed and junk food along with rising disposable income have significantly contributed to the rising demand of carrageenan gum in this region. Moreover, growing population and the emergence of food and beverage industry particularly in India and China surge the growth of carrageenan gum market. In Europe, there is the sufficing increase in diary industry which aids the carrageenan gum market growth.
North America held the largest market for the pet food application in 2015. Latin America is likely to experience potent growth in coming years due to increasing demand for carrageenan gum in Brazil. The Middle East and Africa exhibits highest growth rate due to escalating meat and processed food industry.
Cargill Incorporated, Rhodia, Soriano SA, Shemberg Marketing Corporation, Ingredients Solutions Inc, AEP Colloids, Marcel Trading Corporation, CEAMSA, FMC BioPolymer, CP Kelco ApS, Danisco A/S, Shemberg Biotech Corporation and Gelymar SA are some of the leading profiles in the carrageenan gum market.
The report segments of the carrageenan gum market into:
Carrageenan Gum Market: Chemical Composition Segment Analysis
Carrageenan Gum Market: Application Segment Analysis
Carrageenan Gum Market: End User Segment Analysis
Carrageenan Gum Market: Regional Segment Analysis
Carrageenan is a food additive extracted from class Rhodophyceae. It is a family of sulphated polysaccharides and posses the hydrocolloid properties. Carrageenan is used as a food stabilizer, gelling and thickening agent. Carrageenan is high molecular weight polysaccharides with repeating galactose units. Lambda,iota and kappa are the commercial classes of carrageenan in which kappa forms strong rigid gels, iota gives soft gels whereas lambda does not form gel and is used as a thickener.
There has been rapid growth in food and beverage industry around the globe. The sharp rise in demand for gelling agents, food additives fuels the growth of carrageenan gum market. Moreover, rising demand for processed food along with an increase in spending capacity per captia is expected to propel the market growth. Furthermore, escalating food chain worldwide fosters the growth of carrageenan gum market. However, the presence of substitutes in the market such as cellulose and xanthan is the only restrain for the carrageenan gum market. Nevertheless, superior gelling and additive properties of carrageenan gum is likely to offer ample opportunities for the market in the forecast period.
The report provides a comprehensive view on analysis of Porter’s Five Forces model for the carrageenan gum market. The study includes a market attractiveness analysis, wherein type, application, and end-user segments are benchmarked based on their market size, growth rate and general attractiveness. The report also analyzes several driving and restraining factors and their impact on the market during the forecast period.
Carrageenan gum can be characterized depending on the chemical composition such as lambda,iota and kappa. Iota and kappa are widely used as gelling agents in food and are obtained after reaction with calcium and potassium salts. Meat & poultry, dairy, water gels, toothpaste and others are some of the major applications for the carrageenan gum market. The dairy industry is the prominent segment owing to various applications of carrageenan gum in this industry. Ice- cream, chocolate milk, mixes are some of the products formed due to the use of carrageenan gum. Meat processing industry utilizes the carrageenan gum in precooked meat and chicken pieces.
On basis of end user, the carrageenan gum market can be segmented as food and beverage industry, pharmaceuticals, cosmetics and others. Food and beverage industry have several and diverse application of carrageenan gum. The carrageenan gum is used in dips, sauces, caramel, instant mixes and in the manufacturing of various dairy products. As carrageenan gum posses the gelling property which is used as gelling agent in the pharmaceutical industry. Cosmetics has the huge stake in developing market for carrageenan gum in the forecast period.
Asia Pacific followed by Europe is the foremost markets for the carrageenan gum market. Some of the factors such as growing attraction towards processed and junk food along with rising disposable income have significantly contributed to the rising demand of carrageenan gum in this region. Moreover, growing population and the emergence of food and beverage industry particularly in India and China surge the growth of carrageenan gum market. In Europe, there is the sufficing increase in diary industry which aids the carrageenan gum market growth.
North America held the largest market for the pet food application in 2015. Latin America is likely to experience potent growth in coming years due to increasing demand for carrageenan gum in Brazil. The Middle East and Africa exhibits highest growth rate due to escalating meat and processed food industry.
Cargill Incorporated, Rhodia, Soriano SA, Shemberg Marketing Corporation, Ingredients Solutions Inc, AEP Colloids, Marcel Trading Corporation, CEAMSA, FMC BioPolymer, CP Kelco ApS, Danisco A/S, Shemberg Biotech Corporation and Gelymar SA are some of the leading profiles in the carrageenan gum market.
The report segments of the carrageenan gum market into:
Carrageenan Gum Market: Chemical Composition Segment Analysis
- Lambda
- Iota
- Kappa
Carrageenan Gum Market: Application Segment Analysis
- Meat & poultry
- Dairy
- Water gels
- Toothpaste
- Others
Carrageenan Gum Market: End User Segment Analysis
- Food and beverage
- Pharmaceuticals
- Cosmetics
- Others
Carrageenan Gum Market: Regional Segment Analysis
- North America
- U.S.
- Europe
- UK
- France
- Germany
- Asia Pacific
- China
- Japan
- India
- Latin America
- Brazil
- Middle East & Africa
Table of Contents
- Chapter 1. Preface
- 1.1. Report Description and Scope
- 1.2. Research Scope
- 1.3. Research Methodology
- 1.3.1. Market Research Process
- 1.3.2. Market Research Methodology
- Chapter 2. Executive Summary
- 2.1. Carrageenan Gum Market, 2016 - 2026, (USD Million)
- 2.2. Carrageenan Gum Market: Snapshot
- Chapter 3. Global Carrageenan Gum Market – Industry Analysis
- 3.1. Carrageenan Gum Market: Market Dynamics
- 3.2. Market Drivers
- 3.2.1. Sharp rise in demand for gelling agents, food additives
- 3.2.2. Rising demand for processed food along with an increase in spending capacity per capita
- 3.3. Restraints
- 3.3.1. The presence of substitutes in the market such as cellulose and xanthan
- 3.4. Opportunity
- 3.4.1. Superior gelling and additive properties of carrageenan gum
- 3.5. Porter’s Five Forces Analysis
- 3.6. Market Attractiveness Analysis
- 3.6.1. Market attractiveness analysis by Chemical Composition segment
- 3.6.2. Market attractiveness analysis by Application segment
- 3.6.3. Market attractiveness analysis by End User segment
- 3.6.4. Market attractiveness analysis by regional segment
- Chapter 4. Global Carrageenan Gum Market - Competitive Landscape
- 4.1. Company market share analysis
- 4.1.1. Global Carrageenan Gum market: company market share analysis, 2018
- 4.2. Strategic development
- 4.2.1. Acquisitions & mergers
- 4.2.2. New Application launches
- 4.2.3. Agreements, partnerships, collaborations and joint ventures
- 4.2.4. Research and development and regional expansion
- 4.1. Company market share analysis
- Chapter 5. Global Carrageenan Gum Market – Application Segment Analysis
- 5.1. Global Carrageenan Gum market overview: by Chemical Composition
- 5.1.1. Global Carrageenan Gum market revenue share, by Chemical Composition, 2019 and 2026
- 5.2. Lambda
- 5.2.1. Global Carrageenan Gum market by Lambda, 2016-2026 (USD Million)
- 5.3. Iota
- 5.3.1. Global Carrageenan Gum market by Iota, 2016-2026 (USD Million)
- 5.4. Kappa
- 5.4.1. Global Carrageenan Gum market by Kappa, 2016-2026 (USD Million)
- 5.1. Global Carrageenan Gum market overview: by Chemical Composition
- Chapter 6. Global Carrageenan Gum Market – Application Segment Analysis
- 6.1. Global Carrageenan Gum market overview: by Application
- 6.1.1. Global Carrageenan Gum market revenue share, by Application, 2019 and 2026
- 6.2. Meat & poultry
- 6.2.1. Global Carrageenan Gum market by Meat & poultry, 2016-2026 (USD Million)
- 6.3. Dairy
- 6.3.1. Global Carrageenan Gum market by Dairy, 2016-2026 (USD Million)
- 6.4. Water gels
- 6.4.1. Global Carrageenan Gum market by Water gels, 2016-2026 (USD Million)
- 6.5. Toothpaste
- 6.5.1. Global Carrageenan Gum market by Toothpaste, 2016-2026 (USD Million)
- 6.6. Others
- 6.6.1. Global Carrageenan Gum market by Others, 2016-2026 (USD Million)
- 6.1. Global Carrageenan Gum market overview: by Application
- Chapter 7. Global Carrageenan Gum Market – End User Segment Analysis
- 7.1. Global Carrageenan Gum market overview: by End User
- 7.1.1. Global Carrageenan Gum market revenue share, by End User, 2019 and 2026
- 7.2. Food and beverage
- 7.2.1. Global Carrageenan Gum market by Food and beverage, 2016-2026 (USD Million)
- 7.3. Pharmaceuticals
- 7.3.1. Global Carrageenan Gum market by Pharmaceuticals, 2016-2026 (USD Million)
- 7.1. Global Carrageenan Gum market overview: by End User
- Chapter 8. Global Carrageenan Gum Market - Regional Analysis
- 8.1. Global Carrageenan Gum market overview: by region
- 8.1.1. Global Carrageenan Gum market revenue share, by region, 2019 and 2026
- 8.2. North America
- 8.2.1. North America Carrageenan Gum market, by country, 2016-2026 (USD Million)
- 8.2.2. North America Carrageenan Gum market revenue, by Chemical Composition, 2016-2026 (USD Million)
- 8.2.3. North America Carrageenan Gum market revenue, by Application, 2016-2026 (USD Million)
- 8.2.4. North America Carrageenan Gum market revenue, by End User, 2016-2026 (USD Million)
- 8.2.5. The U.S.
- 8.2.5.1. The U.S. Carrageenan Gum market revenue, by Chemical Composition, 2016-2026 (USD Million)
- 8.2.5.2. The U.S. Carrageenan Gum market revenue, by Application, 2016-2026 (USD Million)
- 8.2.5.3. The U.S. Carrageenan Gum market revenue, by End User, 2016-2026 (USD Million)
- 8.2.6. Rest of North America
- 8.2.6.1. Rest of North America Carrageenan Gum market revenue, by Chemical Composition, 2016-2026 (USD Million)
- 8.2.6.2. Rest of North America Carrageenan Gum market revenue, by Application, 2016-2026 (USD Million)
- 8.2.6.3. Rest of North America Carrageenan Gum market revenue, by End User, 2016-2026 (USD Million)
- 8.3. Europe
- 8.3.1. Europe Carrageenan Gum market, by country, 2016-2026 (USD Million)
- 8.3.2. Europe Carrageenan Gum market revenue, by Chemical Composition, 2016-2026 (USD Million)
- 8.3.3. Europe Carrageenan Gum market revenue, by Application, 2016-2026 (USD Million)
- 8.3.4. Europe Carrageenan Gum market revenue, by End User, 2016-2026 (USD Million)
- 8.3.5. U.K.
- 8.3.5.1. U.K. Carrageenan Gum market revenue, by Chemical Composition, 2016-2026 (USD Million)
- 8.3.5.2. U.K. Carrageenan Gum market revenue, by Application, 2016-2026 (USD Million)
- 8.3.5.3. U.K. Carrageenan Gum market revenue, by End User, 2016-2026 (USD Million)
- 8.3.6. France
- 8.3.6.1. France Carrageenan Gum market revenue, by Chemical Composition, 2016-2026 (USD Million)
- 8.3.6.2. France Carrageenan Gum market revenue, by Application, 2016-2026 (USD Million)
- 8.3.6.3. France Carrageenan Gum market revenue, by End User, 2016-2026 (USD Million)
- 8.3.7. Germany
- 8.3.7.1. Germany Carrageenan Gum market revenue, by Chemical Composition, 2016-2026 (USD Million)
- 8.3.7.2. Germany Carrageenan Gum market revenue, by Application, 2016-2026 (USD Million)
- 8.3.7.3. Germany Carrageenan Gum market revenue, by End User, 2016-2026 (USD Million)
- 8.3.8. Rest of Europe
- 8.3.8.1. Rest of Europe Carrageenan Gum market revenue, by Chemical Composition, 2016-2026 (USD Million)
- 8.3.8.2. Rest of Europe Carrageenan Gum market revenue, by Application, 2016-2026 (USD Million)
- 8.3.8.3. Rest of Europe Carrageenan Gum market revenue, by End User, 2016-2026 (USD Million)
- 8.4. Asia Pacific
- 8.4.1. Asia Pacific Carrageenan Gum market, by country, 2016-2026 (USD Million)
- 8.4.2. Asia Pacific Carrageenan Gum market revenue, by Chemical Composition, 2016-2026 (USD Million)
- 8.4.3. Asia Pacific Carrageenan Gum market revenue, by Application, 2016-2026 (USD Million)
- 8.4.4. Asia Pacific Carrageenan Gum market revenue, by End User, 2016-2026 (USD Million)
- 8.4.5. China
- 8.4.5.1. China Carrageenan Gum market revenue, by Chemical Composition, 2016-2026 (USD Million)
- 8.4.5.2. China Carrageenan Gum market revenue, by Application, 2016-2026 (USD Million)
- 8.4.5.3. China Carrageenan Gum market revenue, by End User, 2016-2026 (USD Million)
- 8.4.6. Japan
- 8.4.6.1. Japan Carrageenan Gum market revenue, by Chemical Composition, 2016-2026 (USD Million)
- 8.4.6.2. Japan Carrageenan Gum market revenue, by Application, 2016-2026 (USD Million)
- 8.4.6.3. Japan Carrageenan Gum market revenue, by End User, 2016-2026 (USD Million)
- 8.4.7. India
- 8.4.7.1. India Carrageenan Gum market revenue, by Chemical Composition, 2016-2026 (USD Million)
- 8.4.7.2. India Carrageenan Gum market revenue, by Application, 2016-2026 (USD Million)
- 8.4.7.3. India Carrageenan Gum market revenue, by End User, 2016-2026 (USD Million)
- 8.4.8. Rest of Asia Pacific
- 8.4.8.1. Rest of Asia Pacific Carrageenan Gum market revenue, by Chemical Composition, 2016-2026 (USD Million)
- 8.4.8.2. Rest of Asia Pacific Carrageenan Gum market revenue, by Application, 2016-2026 (USD Million)
- 8.4.8.3. Rest of Asia Pacific Carrageenan Gum market revenue, by End User, 2016-2026 (USD Million)
- 8.5. Latin America
- 8.5.1. Latin America Carrageenan Gum market, by country, 2016-2026 (USD Million)
- 8.5.2. Latin America Carrageenan Gum market revenue, by Chemical Composition, 2016-2026 (USD Million)
- 8.5.3. Latin America Carrageenan Gum market revenue, by Application, 2016-2026 (USD Million)
- 8.5.4. Latin America Carrageenan Gum market revenue, by End User, 2016-2026 (USD Million)
- 8.5.5. Brazil
- 8.5.5.1. Brazil Carrageenan Gum market revenue, by Chemical Composition, 2016-2026 (USD Million)
- 8.5.5.2. Brazil Carrageenan Gum market revenue, by Application, 2016-2026 (USD Million)
- 8.5.5.3. Brazil Carrageenan Gum market revenue, by End User, 2016-2026 (USD Million)
- 8.5.6. Rest of Latin America
- 8.5.6.1. Rest of Latin America Carrageenan Gum market revenue, by Chemical Composition, 2016-2026 (USD Million)
- 8.5.6.2. Rest of Latin America Carrageenan Gum market revenue, by Application, 2016-2026 (USD Million)
- 8.5.6.3. Rest of Latin America Carrageenan Gum market revenue, by End User, 2016-2026 (USD Million)
- 8.6. Middle East & Africa
- 8.6.1. Middle East & Africa Carrageenan Gum market, 2016-2026 (USD Million)
- 8.6.2. Middle East & Africa Carrageenan Gum market revenue, by Chemical Composition, 2016-2026 (USD Million)
- 8.6.3. Middle East & Africa Carrageenan Gum market revenue, by Application, 2016-2026 (USD Million)
- 8.6.4. Middle East & Africa Carrageenan Gum market revenue, by End User, 2016-2026 (USD Million)
- 8.1. Global Carrageenan Gum market overview: by region
- Chapter 9. Company Profiles
- 9.1. Cargill Incorporated.
- 9.1.1. Overview
- 9.1.2. Financials
- 9.1.3. Product portfolio
- 9.1.4. Business Strategy
- 9.1.5. Recent Developments
- 9.2. Rhodia
- 9.2.1. Overview
- 9.2.2. Financials
- 9.2.3. Product portfolio
- 9.2.4. Business Strategy
- 9.2.5. Recent Developments
- 9.3. Soriano SA
- 9.3.1. Overview
- 9.3.2. Financials
- 9.3.3. Product portfolio
- 9.3.4. Business Strategy
- 9.3.5. Recent Developments
- 9.4. Shemberg Marketing Corporation.
- 9.4.1. Overview
- 9.4.2. Financials
- 9.4.3. Product portfolio
- 9.4.4. Business Strategy
- 9.4.5. Recent Developments
- 9.5. Ingredients Sulutions Inc
- 9.5.1. Overview
- 9.5.2. Financials
- 9.5.3. Product portfolio
- 9.5.4. Business Strategy
- 9.5.5. Recent Developments
- 9.6. AEP Culloids
- 9.6.1. Overview
- 9.6.2. Financials
- 9.6.3. Product portfolio
- 9.6.4. Business Strategy
- 9.6.5. Recent Developments
- 9.7. Marcel Trading Corporation
- 9.7.1. Overview
- 9.7.2. Financials
- 9.7.3. Product portfolio
- 9.7.4. Business Strategy
- 9.7.5. Recent Developments
- 9.8. CEAMSA.,
- 9.8.1. Overview
- 9.8.2. Financials
- 9.8.3. Product portfolio
- 9.8.4. Business Strategy
- 9.8.5. Recent Developments
- 9.9. FMC BioPulymer.
- 9.9.1. Overview
- 9.9.2. Financials
- 9.9.3. Product portfolio
- 9.9.4. Business Strategy
- 9.9.5. Recent Developments
- 9.10. CP Kelco ApS
- 9.10.1. Overview
- 9.10.2. Financials
- 9.10.3. Product portfolio
- 9.10.4. Business Strategy
- 9.10.5. Recent Developments
- 9.11. Danisco A/S
- 9.11.1. Overview
- 9.11.2. Financials
- 9.11.3. Product portfolio
- 9.11.4. Business Strategy
- 9.11.5. Recent Developments
- 9.12. Shemberg Biotech Corporation
- 9.12.1. Overview
- 9.12.2. Financials
- 9.12.3. Product portfolio
- 9.12.4. Business Strategy
- 9.12.5. Recent Developments
- 9.13. Gelymar SA
- 9.13.1. Overview
- 9.13.2. Financials
- 9.13.3. Product portfolio
- 9.13.4. Business Strategy
- 9.13.5. Recent Developments
- 9.1. Cargill Incorporated.
