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Recent research: Alginates & derivatives market worth $409.2 million by 2019

Recent research: Alginates & derivatives market worth $409.2 million by 2019

Alginates are used as food additives to improve, modify, and stabilize the texture of foods. The increase in consumption of processed and convenience food products in emerging markets such as Asia-Pacific and Latin American countries have contributed to an increase in the sales of alginates and their derivatives. The demand in developing regions is driven by the increase in disposable income.

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The report Alginates & Derivatives Market by Type (Sodium Alginate, Calcium Alginate, Potassium Alginate, PGA, Others), Application (Food & Beverage, Industrial, Pharmaceuticals, Others), & by Region - Global Trends & Forecast to 2019”, defines and segments the alginates & derivatives market with analyses and projections of the market size, in terms of value. The market has been segmented on the basis of types and applications.

The report also identifies the driving and restraining factors of the global market with an analysis of trends, opportunities, winning imperatives, and challenges. The market is segmented and the market size is forecasted on the basis of key regions such as North America, Europe, Asia-Pacific, and Rest of the World (RoW).

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The key countries are covered and the market size and trends are projected for each region.

Browse 91 market data tables and 59 figures spread through 150 pages and in-depth TOC on “Alginates & Derivatives Market by Type (Sodium Alginate, Calcium Alginate, Potassium Alginate, PGA, Others), Application (Food & Beverage, Industrial, Pharmaceuticals, Others), & by Region - Global Trends & Forecast to 2019”

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This research report includes the market for alginates used in food, pharmaceutical, industrial, and other applications. The market for alginates & derivatives is projected to reach a value of $409.2 million by 2019 growing at a CAGR of 3.8% from 2014 to 2019.

Trends such as increasing demand for natural ingredients, clean-label products, and products that boost health and wellness are driving the global alginates & derivatives market. The prevalence of inferior grade alginates extracted from different species of brown algae is one of the major challenges alginate suppliers face.

The European region is one of the leading global producers and consumers of alginates. The alginates & derivatives market in this region is projected to grow at the highest CAGR of 4.0% from 2014 to 2019

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