The global Alginates & Derivatives market was valued at USD 425.9 Million and expected to reach USD 564.7 Million by the year 2028, at a CAGR of 3.5%. Alginates & derivatives are widely used as thickening agents, gelling agents, emulsifiers, stabilizers, texture-improvers (especially for noodles), and lastly, to advance the quality of food.
Due to the unique properties of alginates, it is used in many food items such as ice creams, jelly, dressings, instant noodles, beer, lactic drinks, and much more. The compound is a linear copolymer with covalently bonded homopolymeric blocks of 1-4-β-D-mannuronate and its C5 epimer α-L-guluronate residues. When they are extracted, it is efficient of absorbing water quickly in the amount of 200–300 times of its own weight in water.
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Top Players in the Global Alginates and Derivatives Market:
Fmc Corporation, Kimica Corporation, Cargill Inc., E.I. Dupont De Nemours and Company, The Dow Chemical Company, Penford Corporation, Ashland Inc., Brenntag AG, Dastech International, Inc., Döhler Group.
In the commercial market, alginates are sold in granular, filamentous, or powdered forms. The economically available derivatives are generally sodium, calcium, or potassium salt of the compound derived naturally (sodium alginate is extracted in gum form from cell walls of brown algae, and potassium alginate is extracted from seaweed) or synthetically replacement by the reaction. PGA and other spices (zinc, magnesium, ammonium, etc.) of them are also used in various applications.
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Market segmentation based on Type Outlook:
- Sodium Alginate
- Calcium Alginate
- Potassium Alginate
- PGA
- Others (ammonium alginate, magnesium alginate, zinc alginate, alginic acid)
Application Outlook:
- Dry
- Food & Beverage
- Industrial
- Pharmaceutical
- Others (personal care, cosmetics, fertilizers, and spa treatments)
Regional Outlook:
- North America
- US.
- Canada
- Mexico
- Europe
- Germany
- UK.
- Italy
- France
- BENELUX
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- U.A.E.
- South Africa
- Rest of MEA
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Frequently Asked Questions Answered in the Report:
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