Global Carrageenan Market Outlook – research report, by types (kappa Carrageenan, lambda Carrageenan and iota Carrageenan) and by applications (food industry, pharmaceutical industry and domestic uses) forecast to 2027.
The Market research future delivers a detailed analysis of 10 years forecast between 2016 and 2027 and it is expected that global carrageenan market will register the CAGR of more than XX% during the forecast period.
Carrageenan Market: Market Overview
Carrageenan (also known as carrageenin) comes under the family of linear sulphated polysaccharides which are extracted from red edible seaweeds and are broadly used in the food industry. The basic properties of Carrageenan are thickening, gelling and stabilizing and suspending agents in milk and water system. Carrageenans are widely used in the food industry applications such as dairy products and meet product as they are having a strong binding of food proteins. Carrageenan mostly found in the Atlantic Ocean near the shore of UK and North America. Carrageenans are classified into three types namely; Iota, Kappa and Lambda.
The global Carrageenan Market is expected to reach at US$XX billion by 2027 and is estimated to reach XX million mt by 2027 at a CAGR of XX% over the forecast year.
Carrageenan Market: Applications
Carrageenans are mostly found in the Atlantic oceans near to North America and Europe. Carrageenans are widely used in food industries such as dairy products and meet products and very rich source of proteins. Moreover, the carrageenans are used in other industries for thickening, gelling and stabilizing. These all factors are creating a huge demand for carrageenan.
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