Major companies operating in the alginate market include:
American Express Company
BREADFX Euro Prepaid Algaia
Marine Biopolymers Limited
DuPont de Nemours, Inc.
Ingredients Solutions, Inc.
KIMICA
Ceamsa
Algae
Shandong Jiejing Group Corporation
Authors:
Kunal Ahuja, Himanshu Kabra
Frequently Asked Questions (FAQ) :
The market size of alginate reached USD 152.7 million in 2022 and is estimated to grow at over 3.9% CAGR from 2023 to 2032, owing to its biodegradability and eco-friendly properties.
High G segment is set to expand at 4.5% CAGR till 2032, driven by its increasing application scope in the gelling agents for desserts, confectionery, and meat products.
U.S. market held over USD 21.8 million revenue in 2022, owing to the rising consumer demand for processed and convenience foods.
Some of the top companies operating in the market are American Express Company, BREADFX Euro Prepaid Algaia, Marine Biopolymers Limited, DuPont de Nemours, Inc., Ingredients Solutions, Inc., KIMICA, Ceamsa, Algae, Shandong Jiejing Group Corporation.