Potassium alginate is the potassium salt of alginic acid with the chemical formula (C6H7KO6)n. Potassium alginate is mainly used as healthcare food additives. In addition, potassium alginate is also the critical agent in manufacturing molding powders that are used in the production of impression material, and is used in cosmetics and personal care products. The analysts forecast the global potassium alginate market to exhibit a CAGR of 5.14% during the period 2019-2024. The report covers the present scenario and the growth prospects of the global potassium alginate for 2019-2024. To calculate the market size, the report considers the potassium alginate sales volume and revenue.
The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: regional markets, product, and application.
Geographically, the global potassium alginate market is segmented into North America, Asia Pacific, Europe, Middle East & Africa and South America. This report forecasts revenue growth at a global, regional & country level, and provides an analysis of the market trends in each of the sub-segments from 2019 to 2024.
- North America (U.S., Canada, Mexico, etc.)
- Asia-Pacific (China, Japan, India, Korea, Australia, Indonesia, Taiwan, Thailand, etc.)
- Europe (Germany, UK, France, Italy, Russia, Spain, etc.)
- Middle East & Africa (Turkey, Saudi Arabia, Iran, Egypt, Nigeria, UAE, Israel, South Africa, etc.)
- South America (Brazil, Argentina, Colombia, Chile, Venezuela, Peru, etc.)
On the basis of product, the global potassium alginate market is segmented into:
- Food Grade Potassium Alginate
- Pharmaceutical Grade Potassium Alginate
- Technical Grade Potassium Alginate
Based on application, the potassium alginate market is segmented into:
- Food Additives
- Pharmaceutical & Healthcare
- Personal Care & Cosmetics
The report also includes a discussion of the key vendors operating in this market. Some of the leading players in the global potassium alginate market are:
- Algaia S.A. (Cargill’s Alginate Business)
- Dupont Corporation (NovaMatrix)
- Haiyang Xiangyu Seaweed Co., Ltd.
- IRO Alginate Industry Co., Ltd.
- KIMICA Corporation
- Lianyungang Fengtai Seaweed Co., Ltd.
- Lianyungang Huanyu Seaweed Co., Ltd.
- Lianyungang Tiantian Seaweed Industrial Co. Ltd.
- Meron Group
- Qingdao Allforlong Biotech Co., Ltd.
- Qingdao Bright Moon Seaweed Group Co., Ltd.
- Qingdao Fengrun Seaweed Co., Ltd.
- Qingdao Gather Great Ocean Algae Industry Group Co., Ltd.
- Qingdao Gfuri Seaweed Industrial Co., Ltd.
- Qingdao Hanfeng Biotechnology Co., Ltd.
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Objective of the study:
- To analyze and forecast the market size of global potassium alginate market.
- To classify and forecast global potassium alginate market based on region, product, and application.
- To identify drivers and challenges for global potassium alginate market.
- To examine competitive developments such as expansions, mergers & acquisitions, etc., in global potassium alginate market.
- To conduct pricing analysis for global potassium alginate market.
- To identify and analyze the profile of leading players operating in global potassium alginate market.
The report is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities. Key target audience are:
- Manufacturers of potassium alginate
- Raw material suppliers
- Market research and consulting firms
- Government bodies such as regulating authorities and policy makers
- Organizations, forums and alliances related to potassium alginate
The information contained in this report is based upon both primary and secondary sources. Primary research included interviews with potassium alginate suppliers and industry experts. Secondary research included an exhaustive search of relevant publications like company annual reports, financial reports, and proprietary databases.