Alginates Market Analysis

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

Alginates Market Analysis

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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Browse Key Market Insights with Data Illustration:


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
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