The global Ammonium Alginate Market is projected to grow at a CAGR of 5.5% during the forecast period, 2018-2028.
Ammonium Alginate Market Overview:
Alginate is derived from the cell walls of algae as the sodium, ammonium or calcium salt of alginic acid. Ammonium alginate is the ammonium salt of alginic acid. Ammonium alginate is white to yellow-brown filamentous, granular, granular or powdery, slowly soluble in water to form a viscous solution. The main sources for the manufacture of ammonium alginate are the genera Ascophyllum nodosum, Quinellaea, Durvillaea, Laminaria, Lessonia, Sargassum, Macrocystis and Turbinaria.
Due to the increasing application of ammonium alginate, the market demand for ammonium alginate in various industries is also increasing. Ammonium alginate is used in textile and paper manufacturing due to its fast water absorption technology. Ammonium alginate is also used as a thickening and gelling agent in the food and beverage industry, often in pie fillings and gravies.
Ammonium Alginate market size estimates and forecasts are provided in terms of sales volume (K units) and revenue (million USD), with historical and forecast data for the period 2017 to 2030, with 2022 being considered as the base year. This report segments the global Ammonium Alginate market in detail. Regional market sizes related to products by type, by application, and by player are also delivered. In estimating the size of the market, we took into account the impact of COVID-19 and other global crisis.
The global Ammonium Alginate market is the professional and accurate study of various business perspectives such as major key players, key geographies, divers, restraints, opportunities, and challenges. This global research report has been aggregated on the basis of various market segments and sub-segments associated with the global market.
Significant Ammonium Alginate Market Dynamics and Growth Factors:
Ammonium alginate is used in the production of packaging materials in the food and beverage industry due to its better chemical properties. In addition, ammonium alginate is mainly used as an emulsifier, stabilizer, thickener, and gelling agent in the food and beverage industry. Growing demand for packaging materials and additives in the food and beverage industry is expected to be a key factor driving the ammonium alginate market at a significant rate over the forecast period.
Moreover, growing food and beverage consumption in emerging economies is expected to increase the demand for ammonium alginate. Growth in the pharmaceutical industry owing to increasing production and consumption of pharmaceuticals is expected to boost the growth of the ammonium alginate market over the forecast period.
The top Key Players included in the Ammonium Alginate Market are
Kimica Corporation, Jiejing Group, Bright Moon Seaweed, IRO Alginate, Allforlong Bio-Tech, Danisco (Dupont), FMC Corporation, SNAP Natural & Alginate Products, Qingdao Nanshan Seaweed, and others
The Ammonium Alginate market research report is categorized based on type, applications and region.
On the Basis of Type:
- Non-Industrial Grade
- Industrial Grade
On the Basis of Application:
- Food and Beverages
- Paper and Pulp
On the Basis of Region:
Geographically, the global Ammonium Alginate market has been analyzed in various regions such as North America, Latin America, Middle East, Asia-Pacific, Africa, Europe, and India. The global Ammonium Alginate region is dominating this market in the upcoming future.
In Asia Pacific, the consumption of dairy products and food is growing at a significant rate. The growing food and beverage industry in the region has relatively increased the demand for packaging materials and food additives. Furthermore, the rising demand for cosmetic products in the region is expected to relatively increase the growth of the ammonium alginate market in Asia Pacific.
The ammonium alginate market in North America is expected to witness significant growth owing to growing pharmaceutical industry and increasing production of alginic acid products. Increasing ammonium alginate export volume from emerging countries in the European region is expected to contribute to the growth of ammonium alginate market in Europe.
The ammonium alginate market in the Middle East & Africa and Latin America region is expected to witness considerable growth over the forecast period owing to growth in the food & beverage and pharmaceutical industries in the region.
Further the regions are divided into countries as follows
- North America
- Rest of North America
- Nordic Countries
- Benelux Union
- The Netherlands
- Rest of Europe
- South Korea
- Southeast Asia
- Rest of Southeast Asia
- Rest of Asia-Pacific
- The Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of the Middle East & Africa
- Latin America
- Rest of Latin America
Ammonium Alginate Market report scope
CAGR of 5.5% during the forecast period.
Non-Industrial Grade, Industrial Grade
Pharmaceuticals, Food and Beverages, Textiles, Biofuels, Paper and Pulp
Kimica Corporation, Jiejing Group, Bright Moon Seaweed, IRO Alginate, Allforlong Bio-Tech, Danisco (Dupont), FMC Corporation, SNAP Natural & Alginate Products, Qingdao Nanshan Seaweed and others
Regions and Countries Covered
- North America: (US, Canada, Mexico, Rest of North America)
- Europe(Germany, France, Italy, Spain, UK, Nordic Countries, Benelux Union, Rest of Europe)
- Asia-Pacific (Japan, China, India, Australia, South Korea, Southeast Asia, Rest of Asia-Pacific)
- The Middle East & Africa(Saudi Arabia, UAE, Egypt, South Africa, Rest of the Middle East & Africa)
- Latin America(Brazil, Argentina, Rest of Latin America)
- Rest Of the World
2017 to 2022
2023 to 2030
The major key questions addressed through this innovative research report:
What are the major challenges in front of the global Ammonium Alginate market?
Who are the key vendors of the global Ammonium Alginate market?
What are the leading key industries of the global Ammonium Alginate market?
Which factors are responsible for driving the global Ammonium Alginate market?
What are the key outcomes of SWOT and Porter’s five analysis?
What are the major key strategies for enhancing global opportunities?
What are the different effective sales patterns?
What will be the global market size in the forecast period?
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