For centuries, carrageenan has been used all over the region of which eatable species were the first. Advancement of their uses was preferred by their set accessibility and closeness to centers of human settlement, typically coastal areas. With human progress and discoveries, other species were also found to yield medicinal, pharmaceutical, cosmetic, industrial and agricultural use.
One of the key drivers of the food grade carrageenan market is the increasing demand of treated foods. With growing awareness about the constituents of processed foods, the demand for organic ingredients is also on escalation. Other very significant factor for the progress of carrageenan market is the multi functionality of the product which substitutes a lot of other products used in processed foods. Lack of awareness in this region is obstructing the market growth.
Based on Type: Kappa Lota Lambda Based on Application: Food Industry o Dairy o Meat o Beverages o Pet Food Pharmaceutical Industry Cosmetics Industry Based on Grade: Refined Carrageenan Semi Refined Carrageenan Based on Seaweed Source: Gigartina Chondrus Iridaea Eucheuma
Geographically the market is segmented into Mexico, Brazil and Argentina. Brazil having the highest demand for food products is leading the carrageenan market for Latin America region.
The major players in the food grade carrageenan industry are AEP Colloids, Shemberg Marketing Corporation, Ingredients Solutions Inc., Gelymar SA, Soriano SA, Marcel Trading Corporation, Danisco A/S, Scalzo Food Industries, Altrafine Gums, TIC Gums Incorporation, Gum Technology Corporation, DuPont (U.S.), Cargill (U.S.), Kerry Group (Ireland), CP Kelco (U.S.), Ashland Inc (U.S.), Ingredion (U.S.), TIC Gums (U.S.) and Tate & Lyle (U.K.).
About us Market Data Forecast is a firm working in the areas of market research and business intelligence. We have rich experience in research across major industry segments like Healthcare, Agriculture, Food & Beverages etc. and we cater to the needs of both individual and corporate clients. Our research services contribute to key business areas like business process improvement, key decision making and developing appropriate corporate strategy. We are truly committed to our clients and other stakeholders for providing customized research services of the highest quality all the while being an organization that’s trusted for its integrity, respected for its accountability, and admired for its excellence, by both clients and competitors alike.
Contact: Abhishek Shukla Manager (International Business Development) Market Data Forecast Direct Line: +1-888-702-9626 Mobile: +91 998 555 0206 Mail: abhishek@marketdataforecast.com
