Los Angeles, CA -- (SBWIRE) -- 07/05/2019 -- Carrageenan (also known carrageenin) is a family of linear sulphated polysaccharides that are extracted from red seaweeds such as eucheuma cottonii, eucheuma spinosum, etc., with an ability to form gel, stabilize, thicken, emulsify, film, which are applied as gelling, thickening, stabilizing, emulsifying or suspending agent in food, daily chemical and pharm industry.
Developed countries are the main consuming regions.The United States is the world's largest consumer market in recent years. Its consumption volume holds the 34.38% of the global market. Followed by the Europe, mainly concentrated in south of the Mediterranean and the United Kingdom, whose sales account for 30.77% of the world.

The export volume is huge for carrageenan industry. The total global exports account for about 60% of global output. Several major producing regions are the main exporters, mainly exported to the United States and Europe.

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As the raw materials mainly rely on imports, the price of the US and Europe is relatively high. In contrast, the price of South America and Southeast Asia is lower. China's raw materials now also mainly rely on import, so the ex-factory price is relatively high. While Chinese consumption is limited, the sale-price is not so high. China has a huge market potential of carrageenan.

The Carrageenan market was valued at 1323.9 Million US$ in 2018 and is projected to reach 2514.9 Million US$ by 2025, at a CAGR of 9.6% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Carrageenan.

This study focuses on the production side and consumption side of Carrageenan, presents the global Carrageenan market size by manufacturers, regions, type and application, history breakdown data from 2014 to 2019, and forecast to 2025.

In terms of production side, this report researches the Carrageenan capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.

In terms of consumption side, this report focuses on the consumption of Carrageenan by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.

This report includes the following manufacturers; we can also add the other companies as you want.

FMC

Shemberg

CEAMSA

Danisco

Gelymar

Karagen Indonesia

CP Kelco

ISI

Cargill

TBK

Accel

CC

MCPI

TIC Gums

Brilliant

Greenfresh

LONGRUN

Global Ocean

Gather Great Ocean

Xieli

Market Segment by Product Type

Kappa-carrageenan

Iota-carrageenan

Lambda carrageenan

Others

Market Segment by Application

Food industry

Daily chemical industry

Pharmaceutical industry

Biochemistry

Others

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