(Food-Beverage-News.Com, May 12, 2017 ) Market Data Forecast recently published a report on the North America Carrageenan Market which estimates the market to grow from USD 199.8 million from 2016 to USD 250.18 million with a high CAGR of 4.6 %.
Carrageenan is polysaccharide, taken as a natural preservative in many pharmacological and food applications. Carrageenan comes under the family of linear sulphated polysaccharides that are taken out from red edible seaweeds and are largely used in the food industry.
The DROC Analysis contains some of the factors that have major effects on the market dynamics be it positive or negative. Few factors analysed in the section are The demand for Carrageenan has reduced as customers are inclined more towards alternatives such as SRC Grade food and RC Gel pressed products .Since huge population desires non vegetarian food there is a great demand for meat, Thus fueling the market. The accessibility of alternatives such as a jelly and aga like material has made the carrageenan market down.
The products are segmented based on type, application, grade and seaweed and studied for a deep-level understanding of the Diagnostic Imaging market. Each sub segment is accompanied with Market Size Estimations and Y-o-Y Forecasts as well.
Market Segmentation:
By Type: • Kappa • Lota • Lambda
By Application: • Food Industry Dairy Meat Beverages Pet Food • Pharmaceutical Industry • Cosmetics Industry
By Grade: • Refined Carrageenan • Semi Refined Carrageenan
North American Market is studied in geographic perspective by segregating the market shares between USA and Canada.
As per the report, companies which are the major players in the food grade carrageenan industry are Shemberg Marketing Corporation, Gelymar SA, Soriano SA, Scalzo Food Industries, Altrafine Gums, Gum Technology Corporation,DuPont (U.S.), Cargill (U.S.), CP Kelco (U.S.), Ingredion (U.S.), TIC Gums (U.S.) and Tate & Lyle (U.K.) AEP Colloids,. Ingredients Solutions Inc., Marcel Trading Corporation, TIC Gums Incorporation, Danisco A/S, Ashland Inc (U.S.), Kerry Group (Ireland),
Scope of the North America Carrageenan Market:
• Regional and country-level analysis that provides an innate perspective of USA and Canada Market to that of the North American region
• To detect major focus areas of industrial growth Segment-level analysis on basis of type, application,Grade , seaweed along with market size forecasts and y-o-y estimations are provided
• Detailed explanation of major drivers, restraints, opportunities, and challenges (DROC) that affect the market and impact the ever-shifting market dynamics
• PESTLE and Porter’s Five Forces Analysesthat examine themacro & micro environmental factors such as political influence, technological prowess, industry rivalry to name a few.
• Anextensive listing of major market players along with company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and analyst overview to study and sustain the market environment
• mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies all rolled out into Competitive landscape
• Expertly devised Market Outlookcomprising the Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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