Carrageenan Gum Market Analysis- Size, Share, Growth, Trends and Forecasts, 2015 To 2022: Grand View Research

Global carrageenan gum market is expected to witness significant growth over the forecast period, owing to increasing demand from meat and dairy industry. The demand for carrageenan gum is characterized by growing global need for emulsifying & gelling agents and food additives in the food & beverage industry. Carrageenan gum acts as emulsifying agents and thus, is widely employed in the manufacturing of sauces, dips, desserts and other dairy products. Furthermore, it is also used in the pharmaceutical and cosmetic industry on account of having hydrocolloids, and this is further expected to drive the market. However, substitutes including xanthan gum, guar gum and cellulose gums having the same as well as modified properties are likely to challenge carrageenan market demand over the projected period. The largest markets for of carrageenan gum market are Europe and Asia Pacific. In Europe, Germany and UK are the largest manufacturers and distributors of the product on account of greater consumption of meat and dairy, coupled with booming pharmaceutical industry. Europe has the largest market share of carrageenan, followed by Asia Pacific. The Asia Pacific region is rising and this trend is expected to continue over the forecast period, on account of rapid urbanization, growing disposable income of the middle class and increasing demand for gelling agents and emulsifiers in rising food and beverages industry. The food and beverages industry has risen over the years owing to better standard of living, greater disposable income among consumers in the region and demand for good quality food items with better safety and hygiene standards. China, India and Japan are expected to be the fastest growing markets in the Asia Pacific region furthermore, North America has witnessed stagnant growth in the carrageenan gum market over the past few years, owing to stringent FDA laws reducing its use; and this trend is expected to continue over the forecast period. Carrageenan gum can be subdivided into three types, namely iota, kappa and lambda; among these are iota and kappa hold the largest market share.

View Full Report with TOC @ http://www.grandviewresearch.com/industry-analysis/carrageenan-gum-market

Key players involved in the carrageenan gum business are Kachabo Gums, BLG Shanghai & Zhejiang Plants, Marinalg international, Altrafine Gums, Scalzo Food Industries,FMC Corporation, TIC Gums Incorporation, Cargill Inc. and Gum Technology Corporation.

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

For More Information, Visit Grand View Research

Contact:

Sherry James

Corporate Sales Specialist, U.S.A.

Grand View Research, Inc.

United States

Phone: 1-415-349-0058

Toll Free: 1-888-202-9519

Email: sales@grandviewresearch.com

Blog Site: http://www.mediafound.org/