Carrageenan Market Report: Trends, Forecast and Competitive Analysis

May 2024 | 150 pages | ID: C618F6D64744EN
Lucintel

Abstracts

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The future of the carrageenan market looks promising with opportunities in the food and beverage, pharmaceutical, and personal care applications. The global carrageenan market is expected to decline in 2020 due to the global economic recession led by the COVID-19 pandemic. However, the market will witness recovery in the year 2021, and it is expected grow with a CAGR of 7% to 9% from 2020 to 2025. The major drivers for this market are growing demand for processed food and growing usage of carrageenan A more than 150 page report is developed to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of carrageenan market report download the report brochure.

The study includes trends and forecasts for the global carrageenan market by product type, application, function, and region as follows:

By Product Type [$M shipment analysis for 2014 – 2025]:

• Kappa
• Iota
• Lambda

By Application [$M shipment analysis for 2014 – 2025]:

• Food and Beverages
• Bakery
• Confectionery
• Dairy Products
• Meat
• Poultry and Seafood
• Beverages
• Others
• Pharmaceuticals
• Personal Care
• Others

By Function [$M shipment analysis for 2014 – 2025]:

• Thickener
• Stabilizer
• Gelling Agent
• Others

By Region [$M shipment analysis for 2014 – 2025]:

• North America
• United States
• Canada
• Mexico
• Europe
• Germany
• United Kingdom
• France
• Italy
• Asia Pacific
• China
• Japan
• India
• South Korea
• The Rest of the World

Kappa is the largest segment which is used in the bakery, confectionery, dairy products, meat, poultry and seafood, beverage, pharmaceutical, and personal care industries.Food and beverages will remain the largest application segment during the forecast period due to its wide range of usage, such as in dairy products, meat industry, water based food, and pet food.

Asia Pacific will remain the largest region the forecast period due to growth in food and beverage, pharmaceutical, and cosmetic industries.

Some of the carrageenan companies profiled in this report include MCPI, Caldic, Marcel Carrageenan, Ina Food Industry, Danlink Ingredients, ACCEL Carrageenan, Cargill Inc., TBK Manufacturing Corporation, AEP Colloids Inc., Shemberg Marketing Corporation, Ingredients Solutions Inc., Gelymar, Soriano, and PT Fortuna Cahaya Cemerlang

Features of Carrageenan Market

• Market Size Estimates: Carrageenan market size estimation in terms of value ($M)
• Trend and Forecast Analysis: Market trends (2014-2019) and forecast (2020-2025) by various segments and regions.
• Segmentation Analysis: Market size by product type, application, and function
• Regional Analysis: Carrageenan market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
• Growth Opportunities: Analysis on growth opportunities in different product type, application, function, and regions for carrageenan market.
• Strategic Analysis: This includes M&A, new product development, and competitive landscape for the carrageenan market.
• Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

This report answers following 11 key questions

Q.1 What are some of the most promising potential, high-growth opportunities for the global carrageenan market by product type (kappa, iota, and lambda), application (food and beverages (bakery, confectionery, dairy products, meat, poultry and seafood, beverages, and others), pharmaceuticals, personal care, and others), function (thickener, stabilizer, gelling agent, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the carrageenan market?
Q.5 What are the business risks and threats to the carrageenan market?
Q.6 What are emerging trends in this carrageenan market and the reasons behind them?
Q.7 What are some changing demands of customers in the carrageenan market?
Q.8 What are the new developments in the carrageenan market? Which companies are leading these developments?
Q.9 Who are the major players in the carrageenan market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in the carrageenan market, and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M&A activities did take place in the last five years in the carrageenan market?

Contents

1. EXECUTIVE SUMMARY

2. MARKET BACKGROUND AND CLASSIFICATIONS

2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges

3. MARKET TRENDS AND FORECAST ANALYSIS FROM 2014 T  2025

3.1: Macroeconomic Trends (2014-2019) and Forecast (2020-2025)
3.2: Global Carrageenan Market Trends (2014-2019) and Forecast (2020-2025)
3.3: Global Carrageenan Market by Product Type
  3.3.1: Kappa
  3.3.2: Iota
  3.3.3: Lambda
3.4: Global Carrageenan Market by Application
  3.4.1: Food and Beverages
    3.4.1.1: Bakery
    3.4.1.2: Confectionery
    3.4.1.3: Dairy Products
    3.4.1.4: Meat
    3.4.1.5: Poultry and Seafood
    3.4.1.6: Beverages
    3.4.1.7: Others
  3.4.2: Pharmaceuticals
  3.4.3: Personal Care
  3.4.4: Others
3.5: Global Carrageenan Market by Function
  3.5.1: Thickener
  3.5.2: Stabilizer
  3.5.3: Gelling Agent
  3.5.4: Others

4. MARKET TRENDS AND FORECAST ANALYSIS BY REGION FROM 2014 T  2025

4.1: Global Carrageenan Market by Region
4.2: North American Carrageenan Market
  4.2.1: Market by Product Type
  4.2.2: Market by Application
  4.2.3: Market by Function
  4.2.4: The US Carrageenan Market
  4.2.5: The Canadian Carrageenan Market
  4.2.6: The Mexican Carrageenan Market
4.3: European Carrageenan Market
  4.3.1: Market by Product Type
  4.3.2: Market by Application
  4.3.3: Market by Function
  4.3.4: German Carrageenan Market
  4.3.5: United Kingdom Carrageenan Market
  4.3.6: French Carrageenan Market
  4.3.7: Italian Carrageenan Market
4.4: APAC Carrageenan Market
  4.4.1: Market by Product Type
  4.4.2: Market by Application
  4.4.3: Market by Function
  4.4.4: Chinese Carrageenan Market
  4.4.5: Japanese Carrageenan Market
  4.4.6: Indian Carrageenan Market
  4.4.7: South Korean Carrageenan Market
4.5: ROW Carrageenan Market
  4.5.1: Market by Product Type
  4.5.2: Market by Application
  4.5.3: Market by Function

5. COMPETITOR ANALYSIS

5.1: Product Portfoli  Analysis
5.2: Geographical Reach
5.3: Porter’s Five Forces Analysis

6. GROWTH OPPORTUNITIES AND STRATEGIC ANALYSIS

6.1: Growth Opportunity Analysis
  6.1.1: Growth Opportunities for the Global Carrageenan Market by Product Type
  6.1.2: Growth Opportunities for the Global Carrageenan Market by Application
  6.1.3: Growth Opportunities for the Global Carrageenan Market by Function
  6.1.4: Growth Opportunities for the Global Carrageenan Market by Region
6.2: Emerging Trends in the Global Carrageenan Market
6.3: Strategic Analysis
  6.3.1: New Product Development
  6.3.2: Capacity Expansion of the Global Carrageenan Market
  6.3.3: Technology Development
  6.3.4: Mergers and Acquisitions in the Global Carrageenan Industry

7. COMPANY PROFILES OF LEADING PLAYERS

7.1: MCPI
7.2: Caldic.
7.3: Marcel Carrageenan
7.4: Ina Food Industry
7.5: Danlink Ingredients
7.6: ACCEL Carrageenan
7.7: Cargill Inc.
7.8: TBK Manufacturing Corporation
7.9: AEP Colloids Inc.
7.10: Shemberg Marketing Corporation
7.11: Ingredients Solutions Inc.
7.12: Gelymar
7.13: Sorian  
7.14: PT Fortuna Cahaya Cemerlang