Global Alginate Market Research Report: Forecast 2023-28

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Alginate Market
2023-2028
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Market Insights
The Global Alginate Market is estimated to grow
at a CAGR of around 5.7 during the forecast
period, i.e., 2023-28. The market is presumed to
grow owing to the rising demand from the food
beverage sectors as well surging adoption of
natural ingredients among several industries. As
it is generally available in granular
filamentous forms can bind with water to form a
sticky gum, therefore it is broadly utilized for
thickening food products, casting dental molds,
etc.
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Market Driver
Rising Penetration of Alginate in the Food
Industry to Fuel the Market Growth
Owing to its amazing quality of giving a good
texture thickness to the food, alginate is
widely used in the food industry, hence
supporting in driving the market. It is highly
popular in the food sector due to being a natural
raw material finds its application in the
production of bakery products, sauces,
confectionery items, deserts, etc., Also, with
the booming demand for many of the convenience
ready-to-eatfood, there demand across the globe
is poised to surge.
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Market Segmentation
By Type High Mannuronate, High Guluronate
By Product Sodium Alginate, Calcium Alginate,
Potassium Alginate, Propylene Glycol Alginate
By Application Food Beverages, Pharmaceuticals,
Industrial, Others
By Region North America, South America, Europe,
The Middle East Africa, Asia-Pacific
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