Alginic Acid Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Report Code: ZMR-1805 | Report Format : | Status : Upcoming |

Abstract

Global Alginic Acid Market: Overview

Seaweeds are classified into red, brown, and green depending upon its pigmentation. Alginic acid is hydrophilic colloidal polysaccharide obtained from the brown seaweed and is also known as alginate. It has a color range from yellowish-brown to white powder. Alginic acid is used for various industrial applications and is also used in the food and beverage industry. When combined with magnesium carbonate and aluminum hydroxide, alginic acid forms antacids.

Global Alginic Acid Market: Segmentation

The global alginic acid market is segmented into its type of salts, end-use industry, functional use, and geography. On the basis of salt type, the market is divided into propylene glycol alginate, magnesium, lithium, ammonium alginate, calcium alginate, potassium alginate, and sodium alginate. Based on the end-use industry, the market is segregated into, leisure industry, technical industry, textile and paper industry, art and crafts, cosmetics, pharmaceuticals, and food industry. On the basis of functional use, the market is categorized into foaming and emulsifying agent, stabilizer, coating, adhesive, gelling agent, thickening agent, and moisture retainer. Diversification of the market on the basis of the region is seen into North America, Latin America, Asia-Pacific, Europe, and the Middle East and Africa.

Global Alginic Acid Market: Growth Factors

The alginic acid market is driven by the food and beverage industry mainly due to increasing demand for the meat products, processed food, and dairy products in this sector. The health benefits and commercial applications of alginic acid will boost the market growth. Alginic acid and its salts have the property of water absorption which makes it useful in the dehydration process and they are also used in the paper and textile industries. However, the expensive cultivation of brown seaweeds and the possible side effects caused due to an alginic acid such as stomach swelling may cause a hindrance to the market growth. Also, geriatric patients and people suffering from renal dysfunction should avoid the use of alginic acid. These factors will negatively influence the market demand in the long run.

Global Alginic Acid Market: Regional Analysis

The largest share in the alginic acid market is held by Europe and North America. Growth can be attributed to the rapidly developing food and beverage industry in these regions especially in Canada, the U.S., Germany, the U.K., Spain, France, and Italy. Asia Pacific follows the growth of Europe and North America. Growing demand in the pharmaceutical sector and rising consumption of packaged food and meat products among the consumers is driving the growth of the market in Asia Pacific region. Also, Latin America and the Middle East and Africa will be contributing a considerable share to the market growth.

Global Alginic Acid Market: Competitive Players

Some of the major companies in the alginic acid market include SNAP Natural & Alginate Products, KIMICA Corporation, IRO Alginate, Cargill Incorporated, Qingdao Rongde Seaweed Co. Ltd., Qingdao Allforlong Biotech Co. Ltd, and Qingdao Bright Moon Seaweed Group Co. Ltd., Qingdao Gather Great Ocean Algae Industry Group Co. Ltd., Lianyungang Huanyu Seaweed Co. Ltd, Qingdao Fengrun Seaweed Co. Ltd., and Protan AS.

Global Alginic Acid Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

Related Reports

Architectural Coatings Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2025

Price : $ 3999.00 | Report Code: ZMR-4151 | Report Format:

Global Architectural Coatings Market: Overview Architectural coatings find a slew of applications across the building construction activities. The product is extensively used in roof coatings, deck finishes, and wall paints. It is majorly applied for executing protective, decorative, and durabl...Read More

Carbonate Minerals Market by Mineral Type (Calcite, Magnesite, Aragonite, Smithsonite, and Dolomite), by End-User (Food, Paint, Plastic & Rubber, Paper & Pulp, Building & Construction, Agriculture, and Glass), and by Source Type (Natural and Synthetic): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025

May-2019 | Price : $ 4899.00 | Pages: 110 | Report Code: ZMR-4147 | Report Format:

The report covers a forecast and an analysis of the carbonate minerals market on a global and regional level. The study provides historical data from 2016 to 2018 along with a forecast from 2019 to 2025 based on both volume (Kilotons) and revenue (USD Billion). The study includes drivers and restr...Read More

Water Softener Market by Type (Electric and Manual), by Process (Ion Exchange, Distillation, and Reverse Osmosis), and by End-Use (Residential, Commercial, and Industrial): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025

May-2019 | Price : $ 4899.00 | Pages: 110 | Report Code: ZMR-4145 | Report Format:

The report covers a forecast and an analysis of the water softener market on a global and regional level. The study provides historical data from 2016 to 2018 along with a forecast from 2019 to 2025 based on revenue (USD Billion). The study includes the drivers and restraints of the water softener...Read More

White Oil Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2025

Price : $ 3999.00 | Report Code: ZMR-4142 | Report Format:

Global White Oil Market: Overview White oil is a colorless petroleum product and finds a slew of applications across the food plastic sectors. It is a refined product that is derived from paraffinic crude oil as well as naphthenic feedstock. Their favorable feature such as colorlessness, hydrop...Read More

Metal Bonding Adhesives Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2025

Price : $ 3999.00 | Report Code: ZMR-4134 | Report Format:

Global Metal Bonding Adhesives Market: Overview Metal bonding adhesives find a spectrum of applications in the automobile and aviation sectors. Furthermore, large-scale use of the product in maintenance work, on-field, and production activities will drive the market demand. Global Metal Bondin...Read More

Download Brochure
Why Choose Us ?

24/5 Research support

Resolved your research queries from industry expert. Request for a free research sample before report purchase.

Custom research service

Ask the Analyst to customize an exclusive study to serve your research needs.

Quality & Accuracy

Zion Market Research reports offers best quality reports based on various authentic and accurate data findings.

Customer Satisfaction

We ensure that our client's all research needs are met with customized, in-depth analysis solutions.

Information security

We never share your personal and confidential information. Your personal information is safe and secure with us.