Alginates Market Size & Share, by Product (Food, Pharmaceutical, Technical, Feed Grade); Application (Food Additives, Pharmaceutical & Medical Devices, Paper & Pulp, Personal Care & Cosmetics, Textiles, Animal Feeds) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2025-2037

  • Report ID: 4051
  • Published Date: Dec 06, 2024
  • Report Format: PDF, PPT

Global Market Size, Forecast, and Trend Highlights Over 2025-2037

Alginates Market size was valued at USD 1.02 billion in 2024 and is expected to reach USD 2.07 billion by 2037, registering around 5.6% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of advanced mobile UX design services is evaluated at USD 1.07 billion. The rising consumption of ice-creams and yogurt is boosting the market expansion. Alginate can be a healthy substitute for starch and gelatin, which are used as stabilizers in ice creams & yogurt.

Moreover, with rising awareness of bio-based products and sustainable ingredients, the demand for alginates is also increasing. Alginates are extracted from seaweeds and are highly preferred as a replacement for synthetic additives.


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Alginates Sector: Growth Drivers and Challenges

Growth Drivers

  • Growing Production of Natural Food – Natural food such as fruits and vegetables are usually coated with alginate to provide them protection from microbial and viral attacks. Food production is predicted to expand at a pace of 3.2 percent per year for vegetables and 1.6 percent per year for fruits, as stated by the Food and Agriculture Organization of the United Nations (FAO).
  • Growing Demand for Advanced Wound Care Products – The creation of alginate gel with calcium ions is highly used in wound dressings. Since calcium alginates are a natural hemostat and alginate-based bandages are used to treat bleeding wounds.
  • Growing Textile Industry – Alginates are highly used in textile printing, especially sodium alginates, they are applied as printing paste to provide stability to the print in various cloth materials, such as cotton, silk, synthetic fiber, and wool.

Challenges

  • Availability of substitutes hampering the alginates market demand – There are various alginate replacements present in the market. Agar-agar, carrageenan, xanthan gum, guar gum, gelatin, and other ingredients are a few examples. There is no identical replication of alginates, but numerous products can accomplish the exact same function for the specific application. Agar-agar, for example, has the same gelling qualities as alginates and is frequently used in the food sector to replace them.
  • Procurement of raw materials is expensive.
  • Product’s usage volume is low

Alginates Market: Key Insights

Base Year

2024

Forecast Year

2025-2037

CAGR

5.6%

Base Year Market Size (2024)

USD 1.02 billionn

Forecast Year Market Size (2037)

USD 2.07 billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Alginates Segmentation

Product (Food, Technical, Pharmaceutical, Feed Grade Alginates)

The pharmaceutical feed grade segment in the alginates market is poised to gain the largest revenue share of about 45% in the year 2037. The various application of pharmaceutical grade in the pharma industry is expected to augment the segment growth.

Pharmaceutical-grade alginates are highly used in wound dressing, as they form a gel-like matrix that helps in maintaining the moisture around the wound and expedites the healing process. Besides this, the alginates are fused with the formulation of drugs to enable the sustained release of the drug over an extended period.

Application (Food Additives, Pharmaceutical & Medical Devices, Paper & Pulp, Personal Care & Cosmetics, Textiles, Animal Feeds)

The food additives segment is expected to garner around 46% market share by 2037. Alginates are widely used in the food industry, as they themselves are the group of food additives that are derived from brown seaweeds.

Additionally, the use of alginates in the food sector complies with the regulatory guidelines of the food industry, since they are considered safe by regulatory authorities when used at controlled levels.

Our in-depth analysis of the global market includes the following segments:

   Product

  • Food
  • Pharmaceutical
  • Technical
  • Feed Grade Alginates

   Application

  • Food Additives
  • Pharmaceutical & Medical Devices
  • Paper & Pulp
  • Personal Care & Cosmetics
  • Textiles
  • Animal Feeds
  • Others

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Alginates Industry - Regional Synopsis

APAC Market Statistics

Asia Pacific is predicted to have the greatest alginates market share of more than 36% by 2037, out of all other regions. With developing healthcare infrastructure and rising cases of chronic diseases, there has been a greater emphasis on advanced wound management and drug delivery systems in countries such as India and China, owing to which the region's need for alginates is increasing significantly.

Despite being highly preventable, cardiovascular disease (CVD) remains the leading cause of mortality in Asia-Pacific, it was projected to be the cause of 9.4 million deaths in the region.

North American Market Forecast

North America industry is estimated to dominate majority revenue share of 36% by 2037. Rising consumption of ice cream and yogurt in both regular and low-fat categories is majorly driving the market growth in the region. In 2021, ice cream manufacturers in the United States produced over one billion gallons of ice cream.

Alginates reduce the size of ice crystals in ice creams and yogurt thus giving it a creamier texture without the use of other chemicals, this also makes alginates highly popular in low-fat products. Organic low-fat yogurt is predicted to account for 47% of the overall U.S. low-fat yogurt market in 2025.

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Companies dominating the Alginates Landscape

    • One.Five GmbH
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • IRO Alginate Industry Co., Ltd.
    • ZIBO WANGFEI SEAWEED TECH CO., LTD.
    • FMC Corporation
    • QINGDAO GFURI SEAWEED INDUSTRIAL CO., LTD.
    • SNP, Inc.
    • Ashland Global Holdings Inc.
    • KIMICA Corporation
    • Shandong Jiejing Group Corp.
    • BASF SE

In the News

  • BASF SE announced the launch of Verdessenece TM RiceTouch, a plant-based sensory powder. Verdessence RiceTouch is made from non-GMO rice and has a high grade and good oil absorption. It is ideal for a variety of natural and organic cosmetic applications such as face and body care, hair care and body cleansing, coloring products, and sunblock products. This biopolymer is derived from natural 100% renewable feedstocks, it is biodegradable and free of preservatives. During the manufacturing process, no chemical changes are required.
  • One.Five GmbH a German biotech company collaborated with the developers at Flinders University and announced the development of seaweed-based coating as a substitute for plastic packaging in the food industry. The research and production of seaweed-based bioplastics and coatings have the potential to improve the livelihoods of seaweed farmers who rely on an industry.

Author Credits:  Parul Atri


  • Report ID: 4051
  • Published Date: Dec 06, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of advanced mobile UX design services is evaluated at USD 1.07 billion.

The alginates market size was valued at USD 1.02 billion in 2024 and is expected to reach USD 2.07 billion by 2037, registering around 5.6% CAGR during the forecast period i.e., between 2025-2037. Increasing growth of the textile industry and higher production of fruits and vegetables will boost the market growth.

North America industry is estimated to dominate majority revenue share of 36% by 2037, driven by developing healthcare infrastructure and rising cases of chronic diseases in the region.

The major players in the market are One.Five GmbH, IRO Alginate Industry Co., Ltd., ZIBO WANGFEI SEAWEED TECH CO., LTD., FMC Corporation, QINGDAO GFURI SEAWEED INDUSTRIAL CO., LTD., SNP, Inc., Ashland Global Holdings Inc., KIMICA Corporation, Shandong Jiejing Group Corp., BASF SE
Alginates Market Report Scope
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