Global Alginates Market

Global Alginates Market Size overview     

• The Global Alginates Market Size is Expected to Grow from USD 627.4 Million in 2023 to USD 974.8 Million by 2033, at a CAGR of 4.51% during the forecast period 2023-2033.
• The Global Alginates Market is expanding steadily, fueled by rising demand in the food, pharmaceutical, textile, and cosmetic industries.
• Alginates derived from brown seaweed are widely used for thickening, gelling, stabilizing, and emulsifying applications. They are widely used in dairy, bakery, and processed foods, while the pharmaceutical industry employs them in wound care and drug delivery systems.
• Increased interest in natural, plant-based ingredients drives market growth. Europe and Asia-Pacific dominate production and consumption, with North America showing increasing demand.
• Key players prioritize sustainable harvesting, product innovation, and expanding applications across multiple end-use industries.

Major vendors in the Global Alginates Market 

Algaia Inc., Ashland Inc., CP Kelco Corporation, Dohler Group, Danisco A/S Company, DuPont de Nemours Company, FMC Corporation, Hangzhou Mobel Biotechnology Co., Ltd., Ingredients Solutions Inc., IRO Alginate Industry Co., Ltd., and Others.

Market Segment

This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the Global Alginates Market based on the below-mentioned segments

Global Alginates Market, By Type

• High M
• High G
• Others

Global Alginates Market, By Function

• Stabilizers
• Thickeners
• Gelling Agents
• Emulsifiers
• Others

Global Alginates Market, By Regional Analysis

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa