Future Growth: Global Calcium Alginate Market
Revenue
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Black , Growth Rates, and Industry Challenges in 2025
by admin · February 7, 2019
announces addition of new report “Calcium Alginate
Market – Global Industry Trend Analysis 2012 to 2017 and Forecast 2017 – 2025”
to its database.
Alginates find its application in a wide range of
industries. Alginates can be explained as the salts of calcium, sodium or
potassium precipitated with algae. The growing demand for alginates in various
sectors will open the doors for the growth of calcium alginates.
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Market Overview:
Calcium alginate market is expected to grow at a
significant CAGR in the forecast period because of its wide range of application
in different industries. The demand for calcium alginate in the food and
beverage industry is growing because of the increasing consumption of products
like beer
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yogurts and ice creams since it provides high quality gelling to these products.
Increase in the spending on medicines will have a
positive impact on the growth of calcium alginate market since the product is
mainly used in the pharmaceutical industry for the production of controlled
release drugs due to superior product performance. The rising demand for sodium
alginate will uplift the growth of calcium alginate as it is used in the
manufacturing process of sodium alginate too.
Market Dynamics:
Initiatives taken by companies and government for
the production of advanced grades of calcium alginates to attract consumers is
the primary driving force for the growth of calcium alginate market. Increasing
applications of calcium alginate in the bakery and confectionary sector will
also create many opportunities for the growth of this market. Rising consumption
of emulsifiers in frozen desserts, chocolates and salad dressing will further
propel the demand for calcium alginates.
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Calcium alginates are highly used in the medical
and clinical sector as the wound dressing. Due to intensive research and
development and rising demand for calcium alginate wound dressing because of its
superior performance of reduction in healing time will result in increasing the
growth of this market. Calcium alginates are used in a wide array of industrial
applications like textile, adhesives, printing
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Retro White , ceramics, and others which will further drive the
growth of the market.
Apart from the availability of cheaper
alternatives, calcium alginates require a significant amount of seaweed as a raw
material which can hinder the growth of this market.
Market Segmentation:
The calcium alginate market is segmented by the
product type, applications
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region.
By the product type, calcium alginate market is
segmented into high M and high G calcium alginates
By the applications, calcium alginate market is
segmented into Medical and Clinical, Pharmaceutical
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White , Food and Beverage, Industrial and others
On the basis of the geographies, the calcium
alginate market is segmented is segmented across seven key regions; Europe,
North America
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Middle East and Africa, the Asia Pacific excluding Japan, Latin American and
Japan. Calcium alginate market is expected to have a low CAGR in the developed
economies such as North America and Europe as compared to the developing
economies because of the high growth of industrial sector in these regions. Food
& Beverage and Textile industry continue to hold the highest market share of
the calcium alginate market. North America and Europe hold the largest market
share of calcium alginate market because of the high consumption of calcium
alginates in the food and beverage sector. Asia Pacific is expected to grow at a
high CAGR because of the growing industrial and pharmaceutical sector. The
rising consumption of dairy, meat
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and convenience food products and the growing demand for food processing
industry are expected to drive the growth of Asia Pacific region. The use of
calcium alginate is permitted by FDA and other regulating bodies resulting in
increasing the growth of this market.
Market: Key Players
Few of the primary key players active in the
calcium alginate market includes Kimica Corporation, Danisco (a subsidiary of
Dupont), FMC Corporation, Dastech International
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11 Concord , Inc., SNAP Natural & Alginate Products Pvt.
Limited and others. The strategies acquired by the top players are to promote
sustainable production techniques and research and Development for the
production of better and more efficient calcium alginates.
has been compiled in-depth market research data
in the report after exhaustive primary and secondary research. Our team of able,
experienced in-house analysts has collated the information through personal
interviews and study of industry databases, journals
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11 Retro Concord , and reputable paid sources.
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