Global Carrageenan Gum Market Anticipated to Register a 4% CAGR, 2016-2024
In spite of recording global sales of over 60,000 metric tonnes in 2016, Future Market Insights predicts that the global demand for carrageenan gum will witness a considerable decline. A latest research report published by Future Market Insights projects that by the end of 2024, the global consumption of carrageenan gum would have soared moderately at 4.3% CAGR and surpassed 88,000 metric tonnes. The report further reveals the real reason behind sluggish sales of carrageenan gum in the world.
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