Food Grade Sodium Alginate Market
Food Grade Sodium Alginate Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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Food Grade Sodium Alginate Market Size and Growth
The Food Grade Sodium Alginate market is experiencing steady growth, driven by increasing demand in food, cosmetics, and pharmaceuticals. The market size is projected to reach approximately $520 million by 2025, with a CAGR of around 5%. The rising trend for natural thickeners and stabilizers supports this expansion.
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Companies Covered
(Covid 19 Impact Covered)
◍ Cargill
◍ SNP Inc.
◍ KIMICA Corporation
◍ SNAP Natural & Alginate Products
◍ IRO Alginate Industry
◍ Jiejing Group
◍ Bright Moon Seaweed Group
◍ Lianyungang Tiantian Seaweed
◍ Gather Great Ocean Seaweed Industry
◍ Yantai Xinwang Seaweed
◍ Fengrun Seaweed
◍ Zhouji Chemicals
◍ Allforlong Bio-Tech Company
The Food Grade Sodium Alginate market features key players like Cargill and Jiejing Group, focusing on diverse applications in food processing. Companies leverage alginate's gelling and thickening properties, driving innovation and market growth. Sales revenue data for select firms includes:
- Cargill: $134 billion
- KIMICA Corporation: $150 million
- Yantai Xinwang: $25 million.
Market Segmentation
By Application
Dairy Products
Canned Foods
Frozen Products
Other
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By Product
Powder
Granular
Market Growth
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$ X Billion USD
