(Food-Beverage-News.Com, October 30, 2017 ) As per the report North America Alginates Market by Type (Sodium Alginate, Calcium Alginate, Potassium Alginate, PGA, Others) by Application (Food & Beverage, Industrial, Pharmaceuticals, Others), and by Region - Industry Analysis, Size, Share, Growth, Trends, and Forecasts (20162021) published by Market Data Forecast, this Market was worth $128.44 million in 2016 and estimated to be growing at a CAGR of 3.96%, to reach $155.97 million by 2021.
North America Alginates Market Segmentation: By Type: Introduction, Sodium Alginate, Calcium Alginate, Potassium Alginate, PGA and Others By Application: Introduction, Food & Beverage, Industrial, Pharmaceuticals and Others By Geography: Introduction, United States and Canada
Key Findings of the study: North America Alginates Market will reach USD 155.97 million by 2021 In the industrial textile sector, alginates are mostly used as thickeners for dye. In food and beverage industry, alginate is mostly used in ice-creams and sauces, acting in the form of a stabilizing and thickening agent. Also, it is being used as a separating agent in oil water emulsions and as a softening agent for bakery items. In terms of application, food and beverage industry is witnessing substantial growth in the North America alginate market. The industrial textile sector is dominating the demand for alginate over the years. Geographically, the market is analyzed under various regions namely United States, Canada, etc. As per the alginate production, major producing region is United States and contributes majority of market share in North America Alginates Market. In terms of value, it is expected that United States account for major share in terms of value and also as a lucrative market in near future. Some of the major companies dominating the North America Alginates Market, by their products and services include Ashland Inc., Dastech International Inc., E.I. DuPont De Nemours and Company, Brenntag AG, Cargill Inc., Dohler Group, FMC Corporation, Kimica Corporation, Dow Chemical Company and Penford Corporation.
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