Global Carrageenan Gum Market Anticipated to Register at a 4% CAGR by 2016 to 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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