Global Alginates & Derivatives Market - Growth, Trends and Forecasts (2017 - 2022)
|出版商||Mordor Intelligence LLP||商品編碼||458511|
|出版日期||內容資訊||英文 180 Pages
|海藻酸、同衍生物的全球市場:成長率、趨勢、未來預測 Global Alginates & Derivatives Market - Growth, Trends and Forecasts (2017 - 2022)|
|出版日期: 2017年03月01日||內容資訊: 英文 180 Pages||
The global alginates & derivatives market is expected to reach USD XX million by 2022 from USD XX million in 2016, witnessing a CAGR of XX% during the forecast period. Alginates and derivatives are widely used as thickening agents, gelling agents, emulsifiers, stabilizers, texture-improvers (specially for noodles) and lastly to improve the quality of food. As per the properties of alginates, they are also used in many food items such as ice creams, jelly, dressings, instant noodles, beer, lactic drinks and much more.
Alginates and derivatives market is mainly driven by the growing demand for natural food additives and rising demand from the textile industry. Alginate, a seaweed extract, is safer and easier to decompose than other substrates for textile printing and results in easier waste water disposable. These products are used for the substrate of color paste when applying patterns to printed fabrics, towel, scarfs, etc. Use of alginates is not limited to food, but its scope is wide in the textile industry, pharmaceutical, etc. For printing of cotton, jute, and rayon, alginate is mandatory. Alginate and derivatives act as binder agents for fish feed, and pet-food as well. While the growing consumption of processed and convenience food add growth opportunities to the market, challenges related to the raw material production is identified as a major constraint.
There are various types of alginates and derivatives like sodium, calcium, potassium and PGA (propylene glycol alginate). Sodium Alginate has the highest use and demand as it is soluble in hot and cold water with strong agitation and can help in thickening and binding. Sodium alginate is also used in the food industry to increase the viscosity and as an emulsifier. It is also used in indigestion tablets, and it has no distinguishable flavor. The global demand for sodium alginates is growing due to its various industrial applications such as paper textile, ceramics, pharmaceuticals, cosmetics, along with food & beverage industry. The food & beverage industry has a higher market share due to the rising consumption of processed and convenience foods. Even dairy products are on the rise, which leads to further growth of this market.
North America and Europe dominate the market. Emerging nations are rising as leading exporters of alginates to the North American and European countries. Asia-Pacific and South America are the fastest-growing markets due to the rise in consumption of processed and convenience foods in the region. Asia-Pacific is also one of the significant producers and exporters of alginates. This region is projected to grow at a CAGR of 6.5% during the forecast period of 2017-2022. In North America and Europe, alginates are particularly used in processed foods, sauces and dressings, dairy products, while in other countries, the industrial sector is the highest user of alginates. The pharmaceutical industry is still untapped in the developing countries as compared with the developed countries.
The key companies in the global alginate & derivatives market profiled are -