Global Carrageenan Market Size & Outlook, 2022-2030
Global carrageenan market, 2018-2030 (US$M)
Related Markets
Global carrageenan market highlights
- The global carrageenan market generated a revenue of USD 871.7 million in 2022 and is expected to reach USD 1,324.6 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 5.4% by 2030.
- In terms of segment, semi-refined accounted for a revenue of USD 436.3 million in 2022.
- Gel Press is the most lucrative processing technology segment registering the fastest growth during the forecast period.
- In terms of region, Europe was the largest revenue generating market in 2022.
- Country-wise, Japan is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 871.7 million |
| Market revenue in 2030 | USD 1,324.6 million |
| Growth rate | 5.4% (CAGR from 2022 to 2030) |
| Largest segment | Semi-refined |
| Fastest growing segment | Gel Press |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Alcohol Precipitation, Gel Press, Semi-Refined |
Other key industry trends
- In terms of revenue, the North America accounted for 24.3% of the global carrageenan market in 2022.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Japan is the fastest growing regional market and is projected to reach USD 16.5 million by 2030.
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Carrageenan Market Scope
Carrageenan Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Trailbreaker Resources Ltd | View profile | - | 650 West Georgia Street, Suite 2110, Vancouver, BC, Canada, V6B 4N9 | https://www.trailbreakerresources.com |
| Anglo-Eastern Plantations PLC | View profile | 12671 | Quadrant House, 4 Thomas More Square, 6th Floor, London, United Kingdom, E1W 1YW | https://www.angloeastern.co.uk |
| Bluglass Ltd | View profile | 22 | 74 Asquith Street, Silverwater, Sydney, NSW, Australia, 2128 | https://www.bluglass.com.au |
| 374Water Inc | View profile | 26 | 701 W Main Street, Suite 410, Durham, NC, United States, 27701 | https://www.374water.com |
| Accell | View profile | 11-50 | Warrenton, Virginia, United States, North America | https://accellclinical.com/ |
| CP Kelco | View profile | 1001-5000 | Atlanta, Georgia, United States, North America | https://www.cpkelco.com |
| Cargill | View profile | 10001+ | Minneapolis, Minnesota, United States, North America | http://www.cargill.com |
| Ashland Inc | View profile | 3800 | 8145 Blazer Drive, Wilmington, DE, United States, 19808 | http://www.ashland.com |
| Ingredion Inc | View profile | 11600 | 5 Westbrook Corporate Center, Westchester, IL, United States, 60154 | https://www.ingredion.com |
| Tate & Lyle PLC | View profile | 4591 | 5 Marble Arch, London, United Kingdom, W1H 7EJ | https://www.tateandlyle.com |
| DuPont de Nemours Inc | View profile | 24000 | 974 Centre Road, Building 730, Wilmington, DE, United States, 19805 | https://www.dupont.com |
| MGP Ingredients Inc | View profile | 705 | 100 Commercial Street, P.O. Box 130, Atchison, KS, United States, 66002 | https://www.mgpingredients.com |
Global carrageenan market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to carrageenan market will help companies and investors design strategic landscapes.
Semi-refined was the largest segment with a revenue share of 50.05% in 2022. Horizon Databook has segmented the Global carrageenan market based on alcohol precipitation, gel press, semi-refined covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Carrageenan Processing Technology Outlook (Revenue, USD MIllion, 2018-2030)
- Alcohol Precipitation
- Gel Press
- Semi-Refined
- Global Carrageenan Function Outlook (Revenue, USD MIllion, 2018-2030)
- Thickening Agent
- Gelling Agent
- Stabilizer
- Others
- Global Carrageenan Product Outlook (Revenue, USD MIllion, 2018-2030)
- Kappa
- Iota
- Lambda
- Global Carrageenan Application Outlook (Revenue, USD MIllion, 2018-2030)
- Food & Bevaerage
- Bakery
- Confectionery
- Meat Products
- Dairy Products
- Sauces & Dressings
- Beverages
- Others
- Pharmaceutical
- Personal Care & Cosmetics
- Others
- Food & Bevaerage
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Target buyers of Global carrageenan market databook
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Our clientele includes a mix of carrageenan market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global carrageenan market , including forecasts for subscribers. This global databook contains high-level insights into Global carrageenan market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global carrageenan market size, by regions, 2018-2030 (US$M)
Top 10 countries: Carrageenan market size, 2022 (US$M)
Global carrageenan market share, by processing technology, 2022 & 2030 (%, US$M)
Carrageenan market: Opportunity assessment by country
Global carrageenan market, by region, 2022 (US$M)
Related statistics
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