Carrageenan Market Research Report - Global Forecast till 2027

Global Carrageenan Market Research Report by Product Type (Kappa, Iota, and Lambda), Application [Food & Beverages (Dairy Products, Meat, Poultry & Seafoods, Beverages, Others), Pharmaceuticals, Personal Care, and Others], and Region (North America, Europe, Asia-Pacific, and the Rest of the World) - Forecast till 2027

ID: MRFR/F-B & N/0233-HCR | February 2021 | Region: Global | 110 pages

Market Scenario Carrageenan is produced from several red algae or seaweeds. Carrageenan has several applications in the food & beverages industry. The global Carrageenan Market is projected to be valued at USD 1,250.2 million by the end of 2024, with 5.65% CAGR during the forecast period, 2019–2024. The global carrageenan market is anticipated to be driven by several factors. Kappa carrageenan is used in the production process of dairy products, such as cheese and ice creams, as an emulsifier. Apart from that, carrageenan is also used in meat & poultry and bakery & confectionery products. Moreover, many foods and beverages manufacturers use carrageenan instead of gelatine in the production process of desserts to prepare vegan products. However, the availability of several substitute products for carrageenan is anticipated to restrict the growth of global carrageenan market during the forecast period. Segmentation The global carrageenan market has been segmented based on product type, application, and region. The global carrageenan market has been classified, based on product type, into kappa, iota, and lambda. The global carrageenan market has been classified, based on application, into food & beverages, pharmaceuticals, personal care, and others. The food & beverages segment is further segmented into dairy products, meat, poultry & seafood, beverages, and others. The global carrageenan market has been analyzed for four key regions—North America, Europe, Asia-Pacific, and the rest of the world. The North American carrageenan market has further been segmented into the US, Canada, and Mexico. The European carrageenan market has been classified as the UK, Germany, France, Italy, Spain, and the Rest of Europe.  The carrageenan market in Asia-Pacific has been segmented into China, India, Japan, Australia and New Zealand, and the rest of Asia-Pacific. The carrageenan market in the rest of the world has been segmented into South America, the Middle East, and Africa. Key Players AEP Colloids Inc. (US), Shemberg Marketing Corp (Philippines), Ingredients Solutions Inc. (US), Gelymar SA (Chile), Soriano SA (Argentina), Marcel Trading Corporation (Philippines), Scalzo Food Industries (Australia), MCPI Corporation (Philippines), ACCEL Carrageenan Corporation (Philippines) Caldic B.V. (Netherlands), Danlink Ingredients (Pty) LTD (South Africa), Cargill, Incorporated (US), PT Fortuna Cahaya Cemerlang (Indonesia), TBK Manufacturing Corporation (Philippines), and Ingredion Incorporated (US) are some of the key players in the global carrageenan market.   Regional Market Summary Among the regions, Europe is estimated to retain its dominance throughout the forecast period, 2019–2024, both in terms of value and volume. The growth for the carrageenan market in the European countries is anticipated to be driven by several factors. One of the significant factors driving the growth of the carrageenan is the increasing consumption of processed foods by the consumers in the European countries. Due to the changing lifestyles, the consumers are more inclined towards the processed foods, which, in turn, accelerates the growth of carrageenan market during the forecast period. Among the countries in Europe, Germany and the UK collectively accounted for 45% market share in the regional carrageenan market in 2019. However, Asia-Pacific is projected to expand with the highest growth rate during the forecast period. The production of carrageenan is exceptionally high in the southeastern countries in the region. The Philippines accounted for a significant market share in the region in terms of production. Global Carrageenan Market, by Product Type


  • Kappa

  • Iota

  • Lambda


Global Carrageenan Market, by Application

  • Food & Beverages

    • Dairy Products

    • Meat, Poultry & Seafoods

    • Beverages

    • Others





  • Pharmaceuticals

  • Personal care

  • Others


Global Carrageenan Market, by Region

  • North America

    • US

    • Canada

    • Mexico





  • Europe

    • Germany

    • France

    • Italy

    • Spain

    • UK

    • Rest of Europe





  • Asia-Pacific

    • Japan

    • China

    • India

    • Australia & New Zealand

    • Rest of Asia-Pacific





  • Rest of the World (RoW)

    • South America

    • Middle East

    • Africa




Intended Audience

  • Carrageenan manufacturers

  • Dairy products manufacturers

  • Food and beverages manufacturers

  • Pet food manufacturers

  • Meat products manufacturers

  • Retailers and wholesalers

  • Traders, exporters, and importers



Frequently Asked Questions (FAQ) :


Carrageenan market valuation would be USD 1250.2 million by 2024.

Carrageenan market CAGR would be 5.65% during the forecast period.

Players included in the carrageenan market report are Ingredients Solutions Inc. (US), AEP Colloids Inc. (US), Shemberg Marketing Corp (Philippines), Scalzo Food Industries (Australia), MCPI Corporation (Philippines), Gelymar SA (Chile), Soriano SA (Argentina), Marcel Trading Corporation (Philippines), Danlink Ingredients (Pty) LTD (South Africa), Cargill, Incorporated (US), ACCEL Carrageenan Corporation (Philippines), Caldic B.V. (Netherlands), TBK Manufacturing Corporation (Philippines), PT Fortuna Cahaya Cemerlang (Indonesia), and Ingredion Incorporated (US).

Products types included in the carrageenan market report are kappa, iota, and lambda.

The end users reported in the carrageenan market report are food & beverage, pharmaceuticals, personal care, and others.

TABLE OF CONTENTS

1. 1 EXECUTIVE SUMMARY

1.1. Market Attractiveness Analysis

1.1.1. Global Carrageenan Market, by Product Type

1.1.2. Global Carrageenan Market, by Application

1.1.3. Global Carrageenan Market, by Region

2. MARKET INTRODUCTION

2.1. Definition

2.2. Scope of the Study

2.3. Market Structure

2.4. Key Buying Criteria

2.5. Macro Factor Indicator Analysis

3. RESEARCH METHODOLOGY

3.1. Research Process

3.2. Primary Research

3.3. Secondary Research

3.4. Market Size Estimation

3.5. Forecast Model

3.6. List of Assumptions

4. MARKET DYNAMICS

4.1. Introduction

4.2. Drivers

4.2.1. Driver 1

4.2.2. Driver 2

4.3. Restraints

4.3.1. Restraint 1

4.3.2. Restraint 2

4.4. Opportunities

4.4.1. Opportunity 1

4.4.2. Opportunity 2

4.5. Challenges

4.5.1. Challenge 1

4.5.2. Challenge 2

5. MARKET FACTOR ANALYSIS

5.1. Value Chain Analysis

5.2. Supply Chain Analysis

5.3. Porter’s Five Forces Model

5.3.1. Bargaining Power of Suppliers

5.3.2. Bargaining Power of Buyers

5.3.3. Threat of New Entrants

5.3.4. Threat of Substitutes

5.3.5. Intensity of Rivalry

6. GLOBAL CARRAGEENAN MARKET, BY PRODUCT TYPE

6.1. Introduction

6.2. Kappa

6.2.1. Kappa: Market Estimates & Forecast, by Region/Country, 2020–2027

6.3. Iota

6.3.1. Iota: Market Estimates & Forecast, by Region/Country, 2020–2027

6.4. Lambda

6.4.1. Lambda: Market Estimates & Forecast, by Region/Country, 2020–2027

7. GLOBAL CARRAGEENAN MARKET, BY APPLICATION

7.1. Introduction

7.2. Food & Beverages

7.2.1. Food & Beverages: Market Estimates & Forecast, by Region/Country, 2020–2027

7.2.2. Dairy Products

7.2.2.1. Dairy Products: Market Estimates & Forecast, by Region/Country, 2020–2027

7.2.3. Meat, Poultry & Seafoods

7.2.3.1. Meat, Poultry & Seafoods: Market Estimates & Forecast, by Region/Country, 2020–2027

7.2.4. Beverages

7.2.4.1. Beverages: Market Estimates & Forecast, by Region/Country, 2020–2027

7.2.5. Others

7.2.5.1. Others: Market Estimates & Forecast, by Region/Country, 2020–2027

7.3. Pharmaceuticals

7.3.1. Pharmaceuticals: Market Estimates & Forecast, by Region/Country, 2020–2027

7.4. Personal Care

7.4.1. Personal care Market Estimates & Forecast, by Region/Country, 2020–2027

7.5. Others

7.5.1. Others: Market Estimates & Forecast, by Region/Country, 2020–2027

8. GLOBAL CARRAGEENAN MARKET, BY REGION

8.1. Introduction

8.2. North America

8.2.1. Market Estimates & Forecast, by Product Type, 2020–2027

8.2.2. Market Estimates & Forecast, by Application, 2020–2027

8.2.3. Market Estimates & Forecast, by Country, 2020–2027

8.2.4. US

8.2.4.1. Market Estimates & Forecast, by Product Type, 2020–2027

8.2.4.2. Market Estimates & Forecast, by Application, 2020–2027

8.2.5. Canada

8.2.5.1. Market Estimates & Forecast, by Product Type, 2020–2027

8.2.5.2. Market Estimates & Forecast, by Application, 2020–2027

8.2.6. Mexico

8.2.6.1. Market Estimates & Forecast, by Product Type, 2020–2027

8.2.6.2. Market Estimates & Forecast, by Application, 2020–2027

8.3. Europe

8.3.1. Market Estimates & Forecast, by Product Type, 2020–2027

8.3.2. Market Estimates & Forecast, by Application, 2020–2027

8.3.3. Market Estimates & Forecast, by Country, 2020–2027

8.3.4. Germany

8.3.4.1. Market Estimates & Forecast, by Product Type, 2020–2027

8.3.4.2. Market Estimates & Forecast, by Application, 2020–2027

8.3.5. UK

8.3.5.1. Market Estimates & Forecast, by Product Type, 2020–2027

8.3.5.2. Market Estimates & Forecast, by Application, 2020–2027

8.3.6. France

8.3.6.1. Market Estimates & Forecast, by Product Type, 2020–2027

8.3.6.2. Market Estimates & Forecast, by Application, 2020–2027

8.3.7. Spain

8.3.7.1. Market Estimates & Forecast, by Product Type, 2020–2027

8.3.7.2. Market Estimates & Forecast, by Application, 2020–2027

8.3.8. Italy

8.3.8.1. Market Estimates & Forecast, by Product Type, 2020–2027

8.3.8.2. Market Estimates & Forecast, by Application, 2020–2027

8.3.9. Rest of Europe

8.3.9.1. Market Estimates & Forecast, by Product Type, 2020–2027

8.3.9.2. Market Estimates & Forecast, by Application, 2020–2027

8.4. Asia-Pacific

8.4.1. Market Estimates & Forecast, by Product Type, 2020–2027

8.4.2. Market Estimates & Forecast, by Application, 2020–2027

8.4.3. Market Estimates & Forecast, by Country, 2020–2027

8.4.4. China

8.4.4.1. Market Estimates & Forecast, by Product Type, 2020–2027

8.4.4.2. Market Estimates & Forecast, by Application, 2020–2027

8.4.5. Japan

8.4.5.1. Market Estimates & Forecast, by Product Type, 2020–2027

8.4.5.2. Market Estimates & Forecast, by Application, 2020–2027

8.4.6. India

8.4.6.1. Market Estimates & Forecast, by Product Type, 2020–2027

8.4.6.2. Market Estimates & Forecast, by Application, 2020–2027

8.4.7. Australia & New Zealand

8.4.7.1. Market Estimates & Forecast, by Product Type, 2020–2027

8.4.7.2. Market Estimates & Forecast, by Application, 2020–2027

8.4.8. Rest of Asia-Pacific

8.4.8.1. Market Estimates & Forecast, by Product Type, 2020–2027

8.4.8.2. Market Estimates & Forecast, by Application, 2020–2027

8.5. Rest of the World

8.5.1. Market Estimates & Forecast, by Product Type, 2020–2027

8.5.2. Market Estimates & Forecast, by Application, 2020–2027

8.5.3. Market Estimates & Forecast, by Region, 2020–2027

8.5.4. South America

8.5.4.1. Market Estimates & Forecast, by Product Type, 2020–2027

8.5.4.2. Market Estimates & Forecast, by Application, 2020–2027

8.5.5. Middle East

8.5.5.1. Market Estimates & Forecast, by Product Type, 2020–2027

8.5.5.2. Market Estimates & Forecast, by Application, 2020–2027

8.5.6. Africa

8.5.6.1. Market Estimates & Forecast, by Product Type, 2020–2027

8.5.6.2. Market Estimates & Forecast, by Application, 2020–2027

9. COMPETITIVE LANDSCAPE

9.1. Introduction

9.2. Competitive Benchmarking

9.3. Development Share Analysis

9.4. Key Developments & Growth Strategies

10. COMPANY PROFILES

10.1. AEP Colloids Inc. (US)

10.1.1. Company Overview

10.1.2. Financial Overview

10.1.3. Products Offered

10.1.4. Key Developments

10.1.5. SWOT Analysis

10.1.6. Key Strategies

10.2. Shemberg Marketing Corp (Phillipines)

10.2.1. Company Overview

10.2.2. Financial Overview

10.2.3. Products Offered

10.2.4. Key Developments

10.2.5. SWOT Analysis

10.2.6. Key Strategies

10.3. Ingredients Solutions Inc. (US)

10.3.1. Company Overview

10.3.2. Financial Overview

10.3.3. Products Offered

10.3.4. Key Developments

10.3.5. SWOT Analysis

10.3.6. Key Strategies

10.4. Gelymar SA (Chile)

10.4.1. Company Overview

10.4.2. Financial Overview

10.4.3. Products Offered

10.4.4. Key Developments

10.4.5. SWOT Analysis

10.4.6. Key Strategies

10.5. Soriano SA (Argentina)

10.5.1. Company Overview

10.5.2. Financial Overview

10.5.3. Products Offered

10.5.4. Key Developments

10.5.5. SWOT Analysis

10.5.6. Key Strategies

10.6. Marcel Trading Corporation (Phillipines)

10.6.1. Company Overview

10.6.2. Financial Overview

10.6.3. Products Offered

10.6.4. Key Developments

10.6.5. SWOT Analysis

10.6.6. Key Strategies

10.7. Scalzo Food Industries (Australia)

10.7.1. Company Overview

10.7.2. Financial Overview

10.7.3. Products Offered

10.7.4. Key Developments

10.7.5. SWOT Analysis

10.7.6. Key Strategies

10.8. MCPI Corporation (Phillipines)

10.8.1. Company Overview

10.8.2. Financial Overview

10.8.3. Products Offered

10.8.4. Key Developments

10.8.5. SWOT Analysis

10.8.6. Key Strategies

10.9. ACCEL Carrageenan Corporation (Phillipines)

10.9.1. Company Overview

10.9.2. Financial Overview

10.9.3. Products Offered

10.9.4. Key Developments

10.9.5. SWOT Analysis

10.9.6. Key Strategies

10.10. Caldic B.V. (Netherlands)

10.10.1. Company Overview

10.10.2. Financial Overview

10.10.3. Products Offered

10.10.4. Key Developments

10.10.5. SWOT Analysis

10.10.6. Key Strategies

10.11. Danlink Ingredients (Pty) LTD (South Africa)

10.11.1. Company Overview

10.11.2. Financial Overview

10.11.3. Products Offered

10.11.4. Key Developments

10.11.5. SWOT Analysis

10.11.6. Key Strategies

10.12. Cargill, Incorporated (US)

10.12.1. Company Overview

10.12.2. Financial Overview

10.12.3. Products Offered

10.12.4. Key Developments

10.12.5. SWOT Analysis

10.12.6. Key Strategies

10.13. PT Fortuna Cahaya Cemerlang (Indonesia)

10.13.1. Company Overview

10.13.2. Financial Overview

10.13.3. Products Offered

10.13.4. Key Developments

10.13.5. SWOT Analysis

10.13.6. Key Strategies

10.14. TBK Manufacturing Corporation (Phillipines)

10.14.1. Company Overview

10.14.2. Financial Overview

10.14.3. Products Offered

10.14.4. Key Developments

10.14.5. SWOT Analysis

10.14.6. Key Strategies

10.15. Ingredion Incorporated (US)

10.15.1. Company Overview

10.15.2. Financial Overview

10.15.3. Products Offered

10.15.4. Key Developments

10.15.5. SWOT Analysis

10.15.6. Key Strategies

11. APPENDIX

11.1. General Sources & References

11.2. List of Abbreviation


LIST OF TABLES

TABLE 1 Global Carrageenan Market, by Region, 2020–2027 (USD Million)

TABLE 2 Global Carrageenan Market, by Product Type, 2020–2027 (USD Million)

TABLE 3 Global Carrageenan Market, by Application, 2020–2027 (USD Million)

TABLE 4 North America: Carrageenan Market, by Country, 2020–2027 (USD Million)

TABLE 5 North America: Carrageenan Market, by Product Type, 2020–2027 (USD Million)

TABLE 6 North America: Carrageenan Market, by Application, 2020–2027 (USD Million)

TABLE 7 US: Carrageenan Market, by Product Type, 2020–2027 (USD Million)

TABLE 8 US: Carrageenan Market, by Application, 2020–2027 (USD Million)

TABLE 9 Canada: Carrageenan Market, by Product Type, 2020–2027 (USD Million)

TABLE 10 Canada: Carrageenan Market, by Application, 2020–2027 (USD Million)

TABLE 11 Mexico: Carrageenan Market, by Product Type, 2020–2027 (USD Million)

TABLE 12 Mexico: Carrageenan Market, by Application, 2020–2027 (USD Million)

TABLE 13 Europe: Carrageenan Market, by Country, 2020–2027 (USD Million)

TABLE 14 Europe: Carrageenan Market, by Product Type, 2020–2027 (USD Million)

TABLE 15 Europe: Carrageenan Market, by Application, 2020–2027 (USD Million)

TABLE 16 Germany: Carrageenan Market, by Product Type, 2020–2027 (USD Million)

TABLE 17 Germany: Carrageenan Market, by Application, 2020–2027 (USD Million)

TABLE 18 France: Carrageenan Market, by Product Type, 2020–2027 (USD Million)

TABLE 19 France: Carrageenan Market, by Application, 2020–2027 (USD Million)

TABLE 20 Italy: Carrageenan Market, by Product Type, 2020–2027 (USD Million)

TABLE 21 Italy: Carrageenan Market, by Application, 2020–2027 (USD Million)

TABLE 22 Spain: Carrageenan Market, by Product Type, 2020–2027 (USD Million)

TABLE 23 Spain: Carrageenan Market, by Application, 2020–2027 (USD Million)

TABLE 24 UK: Carrageenan Market, by Product Type, 2020–2027 (USD Million)

TABLE 25 UK: Carrageenan Market, by Application, 2020–2027 (USD Million)

TABLE 26 Rest of Europe: Carrageenan Market, by Product Type, 2020–2027 (USD Million)

TABLE 27 Rest of Europe: Carrageenan Market, by Application, 2020–2027 (USD Million)

TABLE 28 Asia-Pacific: Carrageenan Market, by Country, 2020–2027 (USD Million)

TABLE 29 Asia-Pacific: Carrageenan Market, by Product Type, 2020–2027 (USD Million)

TABLE 30 Asia-Pacific: Carrageenan Market, by Application, 2020–2027 (USD Million)

TABLE 31 China: Carrageenan Market, by Product Type, 2020–2027 (USD Million)

TABLE 32 China: Carrageenan Market, by Application, 2020–2027 (USD Million)

TABLE 33 India: Carrageenan Market, by Product Type, 2020–2027 (USD Million)

TABLE 34 India: Carrageenan Market, by Application, 2020–2027 (USD Million)

TABLE 35 Japan: Carrageenan Market, by Product Type, 2020–2027 (USD Million)

TABLE 36 Japan: Carrageenan Market, by Application, 2020–2027 (USD Million)

TABLE 37 Australia & New Zealand: Carrageenan Market, by Product Type, 2020–2027 (USD Million)

TABLE 38 Australia & New Zealand: Carrageenan Market, by Application, 2020–2027 (USD Million)

TABLE 39 Rest of Asia-Pacific: Carrageenan Market, by Product Type, 2020–2027 (USD Million)

TABLE 40 Rest of Asia-Pacific: Carrageenan Market, by Application, 2020–2027 (USD Million)

TABLE 41 Rest of the World (RoW): Carrageenan Market, by Country, 2020–2027 (USD Million)

TABLE 42 Rest of the World (RoW): Carrageenan Market, by Product Type, 2020–2027 (USD Million)

TABLE 43 Rest of the World (RoW): Carrageenan Market, by Application, 2020–2027 (USD Million)

TABLE 44 South America: Carrageenan Market, by Product Type, 2020–2027 (USD Million)

TABLE 45 South America: Carrageenan Market, by Application, 2020–2027 (USD Million)

TABLE 46 Middle East: Carrageenan Market, by Product Type, 2020–2027 (USD Million)

TABLE 47 Middle East: Carrageenan Market, by Application, 2020–2027 (USD Million)

TABLE 48 Africa: Carrageenan Market, by Product Type, 2020–2027 (USD Million)

TABLE 49 Africa: Carrageenan Market, by Application, 2020–2027 (USD Million)

LIST OF FIGURES

FIGURE 1 Global Carrageenan Market Segmentation

FIGURE 2 Forecast Research Methodology

FIGURE 3 Five Forces Analysis of the Global Carrageenan Market

FIGURE 4 Value Chain of Global Carrageenan Market

FIGURE 5 Share of the Global Carrageenan Market in 2020, by Country (%)

FIGURE 6 Global Carrageenan Market, by Region, 2020–2027,

FIGURE 7 Global Carrageenan Market Size, by Product Type, 2020

FIGURE 8 Share of the Global Carrageenan Market, by Product Type, 2020–2027 (%)

FIGURE 9 Global Carrageenan Market Size, by Application, 2020

FIGURE 10 Share of the Global Carrageenan Market, by Application, 2020–2027 (%)