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.
This report contains market size and forecasts of Food Grade Carrageenan in global, including the following market information:
Global Food Grade Carrageenan Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Food Grade Carrageenan Market Sales, 2017-2022, 2023-2028, (Kiloton)
Global top five Food Grade Carrageenan companies in 2021 (%)
The global Food Grade Carrageenan market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Kappa Carrageenan Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Food Grade Carrageenan include DuPont, Cargill, Kerry Group, CP Kelco, Ashland, Ingredion, TIC Gums and Tate and Lyle, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Food Grade Carrageenan manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Food Grade Carrageenan Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Kiloton)
Global Food Grade Carrageenan Market Segment Percentages, by Type, 2021 (%)
Kappa Carrageenan
Lota Carrageenan
Lambda Carrageenan
Global Food Grade Carrageenan Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Kiloton)
Global Food Grade Carrageenan Market Segment Percentages, by Application, 2021 (%)
Food
Beverage
Global Food Grade Carrageenan Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Kiloton)
Global Food Grade Carrageenan Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Food Grade Carrageenan revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Food Grade Carrageenan revenues share in global market, 2021 (%)
Key companies Food Grade Carrageenan sales in global market, 2017-2022 (Estimated), (Kiloton)
Key companies Food Grade Carrageenan sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
DuPont
Cargill
Kerry Group
CP Kelco
Ashland
Ingredion
TIC Gums
Tate and Lyle