Food grade alginate, also called alginic acid, is a food grade alginate mainly derived from brown algae species. The U.S. Food and Drug Administration (FDA) in title 21 of CFR categorized food grade alginate as a GRAS substance and lists its applications as a thickener, emulsifier, stabilizer, and gelling agent.
MARKET DYNAMICS
Food grade alginate is widely used as an ingredient by food manufacturers due to the high preference for restructure foods such as meat or fish. The alginate market is expected to grow significantly as a result of rapid growth in end-user productions such as prevent moisture migration and improving bake stability. The rising use of alginate in the production of food grade alginate-based edible coatings and films for improving or maintaining quality and prolonging the shelf-life of seafood, fruits, meat, poultry, vegetables, and cheese by reducing dehydration, enhancing product appearance, controlling respiration, and improving mechanical properties is one of the factors propelling the market growth. The growing bakery and confectionery industry are the key driver for the increasing demand for food additives.
MARKET SCOPE
The "Global Food grade alginate Market Analysis to 2031 " 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 food grade alginate market with detailed market segmentation by form, application, and geography. The global food grade alginate market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading food grade alginate market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global food grade alginate market is segmented on the basis of form and application. On the basis of form the global food grade alginate market is segmented into powder and liquid. Based on application the global food grade alginate market is segmented into dairy & frozen desserts, bakery & confectionery, beverages, sauces, dressings & preserves, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global food grade alginate market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The food grade 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 food grade alginate market from both demand and supply side and further evaluates market dynamics affecting the market during 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 food grade alginate market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global food grade alginate market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The food grade 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 food grade alginate market from both demand and supply side and further evaluates market dynamics affecting the market during 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 food grade alginate market in these regions.
MARKET PLAYERS
The reports cover key developments in the food grade 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 market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from food grade alginate market are anticipated to lucrative growth opportunities in the future with the rising demand for food grade alginate in the global market. Below mentioned is the list of few companies engaged in the food grade alginate market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the food grade 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.
- KIMICA
- IRO Alginate Industry Co., Ltd.
- Ceamsa Algae
- SNAP Natural & Alginate Product Pvt. Ltd.
- Algaia
- Marine Biopolymers Limited (MBL)
- DuPont de Nemours, Inc.
- Ingredients Solutions, Inc
- Shandong Jiejing Group Corporation
- Bright Moon Seaweed Group
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.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Food Grade Alginate Market - By Form
1.3.2 Food Grade Alginate Market - By Application
1.3.3 Food Grade Alginate Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. FOOD GRADE ALGINATE MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. FOOD GRADE ALGINATE MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. FOOD GRADE ALGINATE MARKET - GLOBAL MARKET ANALYSIS
6.1. FOOD GRADE ALGINATE - GLOBAL MARKET OVERVIEW
6.2. FOOD GRADE ALGINATE - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING
7. FOOD GRADE ALGINATE MARKET - REVENUE AND FORECASTS TO 2028 - FORM
7.1. OVERVIEW
7.2. FORM MARKET FORECASTS AND ANALYSIS
7.3. POWDER
7.3.1. Overview
7.3.2. Powder Market Forecast and Analysis
7.4. LIQUID
7.4.1. Overview
7.4.2. Liquid Market Forecast and Analysis
8. FOOD GRADE ALGINATE MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. DAIRY AND FROZEN DESSERTS
8.3.1. Overview
8.3.2. Dairy and Frozen Desserts Market Forecast and Analysis
8.4. BAKERY AND CONFECTIONERY
8.4.1. Overview
8.4.2. Bakery and Confectionery Market Forecast and Analysis
8.5. BEVERAGES
8.5.1. Overview
8.5.2. Beverages Market Forecast and Analysis
8.6. SAUCES
8.6.1. Overview
8.6.2. Sauces Market Forecast and Analysis
8.7. DRESSINGS AND PRESERVES
8.7.1. Overview
8.7.2. Dressings and Preserves Market Forecast and Analysis
8.8. OTHERS
8.8.1. Overview
8.8.2. Others Market Forecast and Analysis
9. FOOD GRADE ALGINATE MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Food Grade Alginate Market Overview
9.1.2 North America Food Grade Alginate Market Forecasts and Analysis
9.1.3 North America Food Grade Alginate Market Forecasts and Analysis - By Form
9.1.4 North America Food Grade Alginate Market Forecasts and Analysis - By Application
9.1.5 North America Food Grade Alginate Market Forecasts and Analysis - By Countries
9.1.5.1 United States Food Grade Alginate Market
9.1.5.1.1 United States Food Grade Alginate Market by Form
9.1.5.1.2 United States Food Grade Alginate Market by Application
9.1.5.2 Canada Food Grade Alginate Market
9.1.5.2.1 Canada Food Grade Alginate Market by Form
9.1.5.2.2 Canada Food Grade Alginate Market by Application
9.1.5.3 Mexico Food Grade Alginate Market
9.1.5.3.1 Mexico Food Grade Alginate Market by Form
9.1.5.3.2 Mexico Food Grade Alginate Market by Application
9.2. EUROPE
9.2.1 Europe Food Grade Alginate Market Overview
9.2.2 Europe Food Grade Alginate Market Forecasts and Analysis
9.2.3 Europe Food Grade Alginate Market Forecasts and Analysis - By Form
9.2.4 Europe Food Grade Alginate Market Forecasts and Analysis - By Application
9.2.5 Europe Food Grade Alginate Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Food Grade Alginate Market
9.2.5.1.1 Germany Food Grade Alginate Market by Form
9.2.5.1.2 Germany Food Grade Alginate Market by Application
9.2.5.2 France Food Grade Alginate Market
9.2.5.2.1 France Food Grade Alginate Market by Form
9.2.5.2.2 France Food Grade Alginate Market by Application
9.2.5.3 Italy Food Grade Alginate Market
9.2.5.3.1 Italy Food Grade Alginate Market by Form
9.2.5.3.2 Italy Food Grade Alginate Market by Application
9.2.5.4 United Kingdom Food Grade Alginate Market
9.2.5.4.1 United Kingdom Food Grade Alginate Market by Form
9.2.5.4.2 United Kingdom Food Grade Alginate Market by Application
9.2.5.5 Russia Food Grade Alginate Market
9.2.5.5.1 Russia Food Grade Alginate Market by Form
9.2.5.5.2 Russia Food Grade Alginate Market by Application
9.2.5.6 Rest of Europe Food Grade Alginate Market
9.2.5.6.1 Rest of Europe Food Grade Alginate Market by Form
9.2.5.6.2 Rest of Europe Food Grade Alginate Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Food Grade Alginate Market Overview
9.3.2 Asia-Pacific Food Grade Alginate Market Forecasts and Analysis
9.3.3 Asia-Pacific Food Grade Alginate Market Forecasts and Analysis - By Form
9.3.4 Asia-Pacific Food Grade Alginate Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Food Grade Alginate Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Food Grade Alginate Market
9.3.5.1.1 Australia Food Grade Alginate Market by Form
9.3.5.1.2 Australia Food Grade Alginate Market by Application
9.3.5.2 China Food Grade Alginate Market
9.3.5.2.1 China Food Grade Alginate Market by Form
9.3.5.2.2 China Food Grade Alginate Market by Application
9.3.5.3 India Food Grade Alginate Market
9.3.5.3.1 India Food Grade Alginate Market by Form
9.3.5.3.2 India Food Grade Alginate Market by Application
9.3.5.4 Japan Food Grade Alginate Market
9.3.5.4.1 Japan Food Grade Alginate Market by Form
9.3.5.4.2 Japan Food Grade Alginate Market by Application
9.3.5.5 South Korea Food Grade Alginate Market
9.3.5.5.1 South Korea Food Grade Alginate Market by Form
9.3.5.5.2 South Korea Food Grade Alginate Market by Application
9.3.5.6 Rest of Asia-Pacific Food Grade Alginate Market
9.3.5.6.1 Rest of Asia-Pacific Food Grade Alginate Market by Form
9.3.5.6.2 Rest of Asia-Pacific Food Grade Alginate Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Food Grade Alginate Market Overview
9.4.2 Middle East and Africa Food Grade Alginate Market Forecasts and Analysis
9.4.3 Middle East and Africa Food Grade Alginate Market Forecasts and Analysis - By Form
9.4.4 Middle East and Africa Food Grade Alginate Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Food Grade Alginate Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Food Grade Alginate Market
9.4.5.1.1 South Africa Food Grade Alginate Market by Form
9.4.5.1.2 South Africa Food Grade Alginate Market by Application
9.4.5.2 Saudi Arabia Food Grade Alginate Market
9.4.5.2.1 Saudi Arabia Food Grade Alginate Market by Form
9.4.5.2.2 Saudi Arabia Food Grade Alginate Market by Application
9.4.5.3 U.A.E Food Grade Alginate Market
9.4.5.3.1 U.A.E Food Grade Alginate Market by Form
9.4.5.3.2 U.A.E Food Grade Alginate Market by Application
9.4.5.4 Rest of Middle East and Africa Food Grade Alginate Market
9.4.5.4.1 Rest of Middle East and Africa Food Grade Alginate Market by Form
9.4.5.4.2 Rest of Middle East and Africa Food Grade Alginate Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Food Grade Alginate Market Overview
9.5.2 South and Central America Food Grade Alginate Market Forecasts and Analysis
9.5.3 South and Central America Food Grade Alginate Market Forecasts and Analysis - By Form
9.5.4 South and Central America Food Grade Alginate Market Forecasts and Analysis - By Application
9.5.5 South and Central America Food Grade Alginate Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Food Grade Alginate Market
9.5.5.1.1 Brazil Food Grade Alginate Market by Form
9.5.5.1.2 Brazil Food Grade Alginate Market by Application
9.5.5.2 Argentina Food Grade Alginate Market
9.5.5.2.1 Argentina Food Grade Alginate Market by Form
9.5.5.2.2 Argentina Food Grade Alginate Market by Application
9.5.5.3 Rest of South and Central America Food Grade Alginate Market
9.5.5.3.1 Rest of South and Central America Food Grade Alginate Market by Form
9.5.5.3.2 Rest of South and Central America Food Grade Alginate Market by Application
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. FOOD GRADE ALGINATE MARKET, KEY COMPANY PROFILES
11.1. KIMICA
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. ALGAIA
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. BRIGHT MOON SEAWEED GROUP
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. CEAMSA ALGAE
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. DUPONT DE NEMOURS, INC.
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. INGREDIENTS SOLUTIONS, INC
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. IRO ALGINATE INDUSTRY CO., LTD.
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. MARINE BIOPOLYMERS LIMITED (MBL)
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. SHANDONG JIEJING GROUP CORPORATION
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. SNAP NATURAL AND ALGINATE PRODUCT PVT. LTD.
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. KIMICA
2. Algaia
3. Bright Moon Seaweed Group
4. Ceamsa Algae
5. DuPont de Nemours, Inc.
6. Ingredients Solutions, Inc
7. IRO Alginate Industry Co., Ltd.
8. Marine Biopolymers Limited (MBL)
9. Shandong Jiejing Group Corporation
10. SNAP Natural and Alginate Product Pvt. Ltd.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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