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Alginate Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Market Overview:

The global alginate market grew at a CAGR of around 5% during 2015-2020. Alginate, or alginic acid, refers to a naturally occurring polysaccharide usually extracted from brown algae. It is commercially available in filamentous and granular forms of sodium, calcium and potassium alginate that can bind with water to form a viscous gum. As a result, alginate is widely used for casting of dental molds and thickening of food products, such as jellies, jams, ice-creams, marmalades, frozen desserts, chocolates and instant noodles. It also finds extensive applications in processing textiles, paper and pulp. In comparison to the traditionally used thickening compounds, alginate has higher biocompatibility, cost-effectiveness and lower toxicity.

Significant growth in the food and beverage industry across the globe represents one of the key factors creating a positive outlook for the market. Alginate is widely used as a natural additive for the production of various convenience and ready-to-eat (RTE) food products due to its high thickening, gelling and film-forming properties. Furthermore, widespread product adoption in the healthcare industry is also driving the market growth. Sodium and calcium alginate fibers are used for the manufacturing of wound dressings as it is highly biocompatible, has a porous structure and high fluid absorption capacity. In line with this, the textile industry uses alginate derivatives for dyeing, printing and designing on cotton, rayon and jute fabrics, towels and scarfs, which is also contributing to the market growth. Other factors, including the rising demand for biomedical compounds with personalized physicochemical properties, along with extensive product utilization as an animal feed additive, are anticipated to drive the market further. Looking forward, IMARC Group expects the global alginate market to exhibit moderate growth during the next five years.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global alginate market report, along with forecasts for growth at the global, regional and country level from 2021-2026. Our report has categorized the market based on region, type, product and application.

Breakup by Type:

  • High M
  • High G
     

Breakup by Product:

  • Sodium Alginate
  • Calcium Alginate
  • Potassium Alginate
  • Propylene Glycol Alginate
  • Others
     

Breakup by Application:

  • Food and Beverages
  • Pharmaceuticals
  • Cosmetics
  • Others
     

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Algaia SA (Maabarot Products Ltd.), Compañia Española de Algas Marinas (CEAMSA), DuPont De Nemours Inc., Ingredients Solutions Inc., IRO Alginate Industry Co. Ltd., KIMICA Corporation, Marine Biopolymers Limited, Shandong Jiejing Group Corporation, SNAP Natural & Alginate Product Pvt. Ltd. and SNP Inc.

Key Questions Answered in This Report:

  • How has the global alginate market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global alginate market?
  • What are the key regional markets?
  • What is the breakup of the market based on the type?
  • What is the breakup of the market based on the product?
  • What is the breakup of the market based on the application?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global alginate market and who are the key players?
  • What is the degree of competition in the industry?

1   Preface
2   Scope and Methodology
    2.1   Objectives of the Study
    2.2   Stakeholders
    2.3   Data Sources
        2.3.1   Primary Sources
        2.3.2   Secondary Sources
    2.4   Market Estimation
        2.4.1   Bottom-Up Approach
        2.4.2   Top-Down Approach
    2.5   Forecasting Methodology
3   Executive Summary
4   Introduction
    4.1   Overview
    4.2   Key Industry Trends
5   Global Alginate Market
    5.1   Market Overview
    5.2   Market Performance
    5.3   Impact of COVID-19
    5.4   Market Forecast
6    Market Breakup by Type
    6.1   High M
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2   High G
        6.2.1 Market Trends
        6.2.2 Market Forecast
7    Market Breakup by Product
    7.1   Sodium Alginate
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2   Calcium Alginate
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3   Potassium Alginate
        7.3.1 Market Trends
        7.3.2 Market Forecast
    7.4   Propylene Glycol Alginate
        7.4.1 Market Trends
        7.4.2 Market Forecast
    7.5   Others
        7.5.1 Market Trends
        7.5.2 Market Forecast
8    Market Breakup by Application
    8.1   Food and Beverages
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2   Pharmaceuticals
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3   Cosmetics
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4   Others
        8.4.1 Market Trends
        8.4.2 Market Forecast
9    Market Breakup by Region
    9.1   North America
        9.1.1   United States
            9.1.1.1 Market Trends
            9.1.1.2 Market Forecast
        9.1.2   Canada
            9.1.2.1 Market Trends
            9.1.2.2 Market Forecast
    9.2   Asia-Pacific
        9.2.1   China
            9.2.1.1 Market Trends
            9.2.1.2 Market Forecast
        9.2.2   Japan
            9.2.2.1 Market Trends
            9.2.2.2 Market Forecast
        9.2.3   India
            9.2.3.1 Market Trends
            9.2.3.2 Market Forecast
        9.2.4   South Korea
            9.2.4.1 Market Trends
             9.2.4.2 Market Forecast
        9.2.5   Australia
            9.2.5.1 Market Trends
            9.2.5.2 Market Forecast
        9.2.6   Indonesia
            9.2.6.1 Market Trends
            9.2.6.2 Market Forecast
        9.2.7   Others
            9.2.7.1 Market Trends
            9.2.7.2 Market Forecast
    9.3   Europe
        9.3.1   Germany
            9.3.1.1 Market Trends
            9.3.1.2 Market Forecast
        9.3.2   France
            9.3.2.1 Market Trends
            9.3.2.2 Market Forecast
        9.3.3   United Kingdom
            9.3.3.1 Market Trends
            9.3.3.2 Market Forecast
        9.3.4   Italy
            9.3.4.1 Market Trends
            9.3.4.2 Market Forecast
        9.3.5   Spain
            9.3.5.1 Market Trends
            9.3.5.2 Market Forecast
        9.3.6   Russia
            9.3.6.1 Market Trends
            9.3.6.2 Market Forecast
        9.3.7   Others
            9.3.7.1 Market Trends
            9.3.7.2 Market Forecast
    9.4   Latin America
        9.4.1   Brazil
            9.4.1.1 Market Trends
            9.4.1.2 Market Forecast
        9.4.2   Mexico
            9.4.2.1 Market Trends
            9.4.2.2 Market Forecast
        9.4.3   Others
            9.4.3.1 Market Trends
            9.4.3.2 Market Forecast
    9.5   Middle East and Africa
        9.5.1 Market Trends
        9.5.2 Market Breakup by Country
        9.5.3 Market Forecast
10    SWOT Analysis
    10.1   Overview
    10.2   Strengths
    10.3   Weaknesses
    10.4   Opportunities
    10.5   Threats
11    Value Chain Analysis
12    Porters Five Forces Analysis
    12.1   Overview
    12.2   Bargaining Power of Buyers
    12.3   Bargaining Power of Suppliers
    12.4   Degree of Competition
    12.5   Threat of New Entrants
    12.6   Threat of Substitutes
13    Price Analysis
14    Competitive Landscape
    14.1   Market Structure
    14.2   Key Players
    14.3   Profiles of Key Players
        14.3.1   Algaia SA (Maabarot Products Ltd.)
            14.3.1.1 Company Overview
            14.3.1.2 Product Portfolio
        14.3.2   Compañia Española de Algas Marinas (CEAMSA)
            14.3.2.1 Company Overview
            14.3.2.2 Product Portfolio
        14.3.3   DuPont De Nemours Inc.
            14.3.3.1 Company Overview
            14.3.3.2 Product Portfolio
            14.3.3.3 Financial Analysis
        14.3.4   Ingredients Solutions Inc.
            14.3.4.1 Company Overview
            14.3.4.2 Product Portfolio
        14.3.5   IRO Alginate Industry Co. Ltd.
            14.3.5.1 Company Overview
            14.3.5.2 Product Portfolio
        14.3.6   KIMICA Corporation
            14.3.6.1 Company Overview
            14.3.6.2 Product Portfolio
        14.3.7   Marine Biopolymers Limited
            14.3.7.1 Company Overview
            14.3.7.2 Product Portfolio
        14.3.8   Shandong Jiejing Group Corporation
            14.3.8.1 Company Overview
            14.3.8.2 Product Portfolio
        14.3.9   SNAP Natural & Alginate Product Pvt. Ltd.
            14.3.9.1 Company Overview
            14.3.9.2 Product Portfolio
        14.3.10   SNP Inc.
            14.3.10.1 Company Overview
            14.3.10.2 Product Portfolio

List of Figures

Figure 1: Global: Alginate Market: Major Drivers and Challenges
Figure 2: Global: Alginate Market: Sales Value (in Million US$), 2015-2020
Figure 3: Global: Alginate Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 4: Global: Alginate Market: Breakup by Type (in %), 2020
Figure 5: Global: Alginate Market: Breakup by Product (in %), 2020
Figure 6: Global: Alginate Market: Breakup by Application (in %), 2020
Figure 7: Global: Alginate Market: Breakup by Region (in %), 2020
Figure 8: Global: Alginate (High M) Market: Sales Value (in Million US$), 2015 & 2020
Figure 9: Global: Alginate (High M) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 10: Global: Alginate (High G) Market: Sales Value (in Million US$), 2015 & 2020
Figure 11: Global: Alginate (High G) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 12: Global: Alginate (Sodium Alginate) Market: Sales Value (in Million US$), 2015 & 2020
Figure 13: Global: Alginate (Sodium Alginate) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 14: Global: Alginate (Calcium Alginate) Market: Sales Value (in Million US$), 2015 & 2020
Figure 15: Global: Alginate (Calcium Alginate) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 16: Global: Alginate (Potassium Alginate) Market: Sales Value (in Million US$), 2015 & 2020
Figure 17: Global: Alginate (Potassium Alginate) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 18: Global: Alginate (Propylene Glycol Alginate) Market: Sales Value (in Million US$), 2015 & 2020
Figure 19: Global: Alginate (Propylene Glycol Alginate) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 20: Global: Alginate (Other Products) Market: Sales Value (in Million US$), 2015 & 2020
Figure 21: Global: Alginate (Other Products) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 22: Global: Alginate (Food and Beverages) Market: Sales Value (in Million US$), 2015 & 2020
Figure 23: Global: Alginate (Food and Beverages) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 24: Global: Alginate (Pharmaceuticals) Market: Sales Value (in Million US$), 2015 & 2020
Figure 25: Global: Alginate (Pharmaceuticals) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 26: Global: Alginate (Cosmetics) Market: Sales Value (in Million US$), 2015 & 2020
Figure 27: Global: Alginate (Cosmetics) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 28: Global: Alginate (Other Applications) Market: Sales Value (in Million US$), 2015 & 2020
Figure 29: Global: Alginate (Other Applications) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 30: North America: Alginate Market: Sales Value (in Million US$), 2015 & 2020
Figure 31: North America: Alginate Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 32: United States: Alginate Market: Sales Value (in Million US$), 2015 & 2020
Figure 33: United States: Alginate Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 34: Canada: Alginate Market: Sales Value (in Million US$), 2015 & 2020
Figure 35: Canada: Alginate Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 36: Asia-Pacific: Alginate Market: Sales Value (in Million US$), 2015 & 2020
Figure 37: Asia-Pacific: Alginate Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 38: China: Alginate Market: Sales Value (in Million US$), 2015 & 2020
Figure 39: China: Alginate Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 40: Japan: Alginate Market: Sales Value (in Million US$), 2015 & 2020
Figure 41: Japan: Alginate Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 42: India: Alginate Market: Sales Value (in Million US$), 2015 & 2020
Figure 43: India: Alginate Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 44: South Korea: Alginate Market: Sales Value (in Million US$), 2015 & 2020
Figure 45: South Korea: Alginate Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 46: Australia: Alginate Market: Sales Value (in Million US$), 2015 & 2020
Figure 47: Australia: Alginate Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 48: Indonesia: Alginate Market: Sales Value (in Million US$), 2015 & 2020
Figure 49: Indonesia: Alginate Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 50: Others: Alginate Market: Sales Value (in Million US$), 2015 & 2020
Figure 51: Others: Alginate Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 52: Europe: Alginate Market: Sales Value (in Million US$), 2015 & 2020
Figure 53: Europe: Alginate Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 54: Germany: Alginate Market: Sales Value (in Million US$), 2015 & 2020
Figure 55: Germany: Alginate Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 56: France: Alginate Market: Sales Value (in Million US$), 2015 & 2020
Figure 57: France: Alginate Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 58: United Kingdom: Alginate Market: Sales Value (in Million US$), 2015 & 2020
Figure 59: United Kingdom: Alginate Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 60: Italy: Alginate Market: Sales Value (in Million US$), 2015 & 2020
Figure 61: Italy: Alginate Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 62: Spain: Alginate Market: Sales Value (in Million US$), 2015 & 2020
Figure 63: Spain: Alginate Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 64: Russia: Alginate Market: Sales Value (in Million US$), 2015 & 2020
Figure 65: Russia: Alginate Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 66: Others: Alginate Market: Sales Value (in Million US$), 2015 & 2020
Figure 67: Others: Alginate Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 68: Latin America: Alginate Market: Sales Value (in Million US$), 2015 & 2020
Figure 69: Latin America: Alginate Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 70: Brazil: Alginate Market: Sales Value (in Million US$), 2015 & 2020
Figure 71: Brazil: Alginate Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 72: Mexico: Alginate Market: Sales Value (in Million US$), 2015 & 2020
Figure 73: Mexico: Alginate Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 74: Others: Alginate Market: Sales Value (in Million US$), 2015 & 2020
Figure 75: Others: Alginate Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 76: Middle East and Africa: Alginate Market: Sales Value (in Million US$), 2015 & 2020
Figure 77: Middle East and Africa: Alginate Market: Breakup by Country (in %), 2020
Figure 78: Middle East and Africa: Alginate Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 79: Global: Alginate Industry: SWOT Analysis
Figure 80: Global: Alginate Industry: Value Chain Analysis
Figure 81: Global: Alginate Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Alginate Market: Key Industry Highlights, 2020 and 2026
Table 2: Global: Alginate Market Forecast: Breakup by Type (in Million US$), 2021-2026
Table 3: Global: Alginate Market Forecast: Breakup by Product (in Million US$), 2021-2026
Table 4: Global: Alginate Market Forecast: Breakup by Application (in Million US$), 2021-2026
Table 5: Global: Alginate Market Forecast: Breakup by Region (in Million US$), 2021-2026
Table 6: Global: Alginate Market: Competitive Structure
Table 7: Global: Alginate Market: Key Players

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