Alginate Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type (Sodium, Calcium, Potassium, Propylene Glycol, Others); Application (Food and Beverages, Pharmaceutical, Industrial, Others) and Geography
Report Code: TIPRE00016574
| No. of Pages: 150
| Category: Food and Beverages
| Status: Upcoming
Brown seaweed extracts contain alginates, a kind of hydrocolloid. It possesses a variety of functional features, including thickening, gel formation, and the capacity to create sodium and calcium films. Alginate is used in a variety of industries, including food, textiles, printing, dyeing, pharmaceuticals, and cosmetics.
The "Global Alginate Market Analysis to 2028" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the alginate market with detailed market segmentation by type and application. The report provides key statistics on the market status of the leading alginate market players and offers key trends and opportunities in the market.
Based on type, the global alginate market is segmented into sodium, calcium, potassium, propylene glycol, others.
On the basis of application, the market is segmented into Food and Beverages, Pharmaceutical, Industrial, Others
MARKET DYNAMICS Drivers:
Food and beverage manufacturers are significant market drivers that influence alginate demand due to functional properties such as thickening agent, gelling agent, stabiliser, emulsifier, and film-forming property.
Market growth is projected to be limited by a lack of awareness by the customer for its various application.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The alginate market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the alginate market in these regions.
IMPACT OF COVID-19 ON ALGINATE MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
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The report covers key developments in the alginate market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from alginate market are anticipated to lucrative growth opportunities in the future with the rising demand for alginate in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the alginate market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
Qingdao Rongde Seaweed Co., Ltd.
Prestige Brands, Inc.
Qingdao Liyang Seaweed Industrial Co.,Ltd
Shandong Jiejing Group Corporation
Prinova Europe Limited
Compañía Española de Algas Marinas S.A.
A2 Trading GmbH
Ingredients Solutions, Inc.
USA Chemical Suppliers 2
WEGO CHEMICAL GROUP
SNAP Natural & Alginate Products Pvt. Ltd.
B JOSHI AGROCHEM PHARMA
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
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The List of Companies
2. KIMICA Corporation
3. Qingdao Rongde Seaweed Co., Ltd.
4. Prestige Brands, Inc.
5. Cargill, Incorporated
6. Qingdao Liyang Seaweed Industrial Co.,Ltd
7. Shandong Jiejing Group Corporation
8. Prinova Europe Limited
9. Compañía Española de Algas Marinas S.A.
10. A2 Trading GmbH
11. Ingredients Solutions, Inc.
12. SNP, Inc.
13. USA Chemical Suppliers 2
14. SAE International
15. WEGO CHEMICAL GROUP
17. SNAP Natural and Alginate Products Pvt. Ltd.
18. S.R.K. Enterprises.
19. B JOSHI AGROCHEM PHARMA