Frequently Asked Questions
The market is segmented based on , By Grade (Refined Carrageenan, and Semi-Refined Carrageenan), Type (Kappa, Lota, and Lambda), Seaweed Source (Gigartina, Chondrus, Iridaea, and Eucheuma), Function (Thickener, Stabilizer, Gelling Agent, and Others), Application (Food and Bevarages, Pharmaceutical, Personal Care and Cosmetics, and Others) - Industry Trends and Forecast to 2023 to 2031.
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The Global Carrageenan Market size was valued at USD 945.46 USD Billion in 2023.
The Global Carrageenan Market is projected to grow at a CAGR of 6.6% during the forecast period of 2024 to 2031.
The major players operating in the market include Ingredion (U.S.), TBK Manufacturing Corporation (Philippines), PT Fortuna Cahaya Cemerlang (Indonesia), Cargill, Incorporated (U.S.), Danlink Ingredients (Pty) LTD (South Africa), Caldic B.V. (Netherlands), Scalzo Trading Co Pty Ltd (Australia), Marcel Carrageenan (Philippines), CyberColloids Ltd., (Argentina), Gelymar S.A (Chile) Ingredients Solutions Inc. (U.S.), Shemberg (Philippines) and AEP Colloids (U.S.).
The market report covers data from the U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa.
