Calcium Alginate - Global Market Trajectory & Analytics

Global Calcium Alginate Market to Reach $95.4 Million by 2027

Amid the COVID-19 crisis, the global market for Calcium Alginate estimated at US$70.2 Million in the year 2020, is projected to reach a revised size of US$95.4 Million by 2027, growing at a CAGR of 4.5% over the period 2020-2027. High M Calcium Alginates, one of the segments analyzed in the report, is projected to record 4.7% CAGR and reach US$58.5 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the High G Calcium Alginates segment is readjusted to a revised 4.1% CAGR for the next 7-year period.

The U.S. Market is Estimated at $19 Million, While China is Forecast to Grow at 7.3% CAGR

The Calcium Alginate market in the U.S. is estimated at US$19 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$19.8 Million by the year 2027 trailing a CAGR of 7.3% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.5% and 3.6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.2% CAGR.

Select Competitors (Total 45 Featured):

• American Elements
• Allforlong-Biotech
• Bright Moon Seaweed
• Danisco
• Dastech International
• FMC Corporation
• Fengrun Seaweed
• GFURI Seaweed
• Hone Seaweed
• Hubei Jusheng