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Carrageenan Market Share

Report ID: GMI5595
Published Date: May 2023
Report Format: PDF

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Carrageenan Market Share

Some of the leading companies involved in the carrageenan market include:

DuPont
Ingredion Incorporated
Cargill Inc
Ceamsa
Gelymar
Caldic B.V.
W Hydrocolloids Inc
Ashland
CP Kelco U.S Inc
ACCEL Carrageenan Corporation.

These firms are working on new product launches, acquisitions and mergers to sustain the increasing competition.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Carrageenan market size was worth USD 850 million in 2022 and will expand at 6% CAGR from 2023 to 2032, due to the rising importance of natural and organic products worldwide.

Kappa carrageenan industry will witness more than 6.5% CAGR during 2023 to 2032, owing to its increasing utilization as a gelling agent and stabilizer in the food sector.

Europe market size will grow at 6.5% CAGR between 2023 and 2032, attributed to the surging consumption of processed meat.

DuPont, Ingredion Incorporated, Cargill, Inc., Ceamsa, Gelymar, Caldic B.V., W Hydrocolloids, Inc., Ashland, CP Kelco U.S., Inc., and ACCEL Carrageenan Corporation are some of the prominent market players