Carrageenan Gum Market Share, Analysis, Outlook (2017-2024)

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Carrageenan Gum Market Business Development
Forecasts and Analysis Global Market Insights
Inc.
Fuel Cell Market size worth 25.5bn by 2024
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Regional Analysis of Carrageenan Gum Market

• North America is expected to fuel the carrageenan
  gum market due to its excessive application in
  animal and pet food segment.
• Europe, led by Germany and UK is the potential
  market for the product to its extensive demand
  from end use industry leading to high import from
  various other nations. High consumption in dairy
  products will also fuel the regional growth.
• Asia pacific is anticipated to propel the
  carrageenan gum market in future owing to
  increasing demand for fast processed food.
  Demographic income trend and industrialization
  are the key driving factors for the product
  market growth in this region.

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Application Analysis of Carrageenan Gum Market

• Demand for carrageenan gum market is growing
  substantially owing to increasing application in
  pharmaceutical industry especially as a gelling
  agent. Other application segment includes
  chocolate milk, water gels, processed eucheuma
  seaweed food grades, poultry meat, pet food and
  toothpaste. Rising demand for precooked meat
  poultry products is the major driving factor for
  carrageenan gum market growth in upcoming year.

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Competitive Market Share of Carrageenan Gum
Market

• The key carrageenan gum market players include
  Ingredients solutions, Cargill Incorporation,
  Shemberg biotech corporation, Marcel trading
  corporation, Rhodia, AEP Colloids, Danisco and
  Gelymar SA. Some other notable players include
  Soriano SA, CEAMSA, CP Kelco ApS and FMC
  BioPolymer.

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