アルギン酸塩とアルギン酸塩誘導体市場 : 2028年までの世界予測

Report Overview

The alginates and derivatives market is estimated at USD 494 million in 2023 and is projected to reach USD 651 million by 2028, at a CAGR of 5.7% from 2023 to 2028.

アルギン酸塩とアルギン酸塩誘導体市場は、2023 年に 4 億 9,400 万米ドルと推定され、2023 年から 2028 年までに 5.7% の CAGR で成長し、2028 年までに 6 億 5,100 万米ドルに達すると予測されています。

Alginates and their derivatives possess unique functional properties, such as gelling, thickening, and stabilizing abilities. These properties make them valuable ingredients in various industries, including food, pharmaceuticals, and cosmetics, further contributing to their demand. The increasing awareness of environmental issues and sustainability is influencing consumer choices. Alginates, being derived from seaweed, a renewable resource, are perceived as more sustainable compared to some synthetic additives, adding to their appeal.

“Calcium alginate is gaining rapid popularity in the alginates and derivatives market across the globe and is forecasted to have the highest growth rate.”
As a key component in pharmaceutical formulations, calcium alginate serves various purposes. Its role in drug delivery systems, including controlled-release technologies, showcases its significance in the pharmaceutical industry. The biocompatibility and gelling capabilities of calcium alginate make it an attractive choice for encapsulating and delivering pharmaceutical agents. While the market for calcium alginate is flourishing, challenges such as sustainable sourcing, quality control, and competitive pricing remain focal points. Industry players are actively addressing these challenges to ensure a stable supply chain and meet the growing demand.

“By application, industrial form dominated the market for alginates and derivatives in value terms.”
Within the oil and gas industry, alginates prove to be indispensable in well stimulation processes. Specifically, they are employed to control fluid viscosity during hydraulic fracturing operations. As agents that assist in maintaining the desired viscosity of fluids, alginates contribute to the effectiveness of hydraulic fracturing, ensuring optimal conditions for extracting oil and gas from reservoirs. This highlights the versatility of alginates, extending their application beyond traditional industries into critical processes within the energy sector. Alginates demonstrate their versatility across diverse industries, serving as essential components in the paper manufacturing process, cosmetics, and the oil and gas sector. Their ability to enhance material properties, provide texture in cosmetic formulations, and contribute to industrial processes underscores the broad range of applications where alginates prove to be valuable and effective.

“Asia Pacific is projected to witness the highest growth rate during the forecast period.”
India’s population by mid-2023 is estimated at 1.4286 billion, and 1.4257 billion for China according to the United Nations Population Fund’s (UNFPA) “State of World Population Report”. Asia Pacific’s burgeoning population and changing dietary habits are propelling the demand for processed foods. Alginates, with their unique functional properties, are increasingly becoming indispensable in the food and beverage industry. From gelling agents in desserts to stabilizers in sauces, alginates contribute to product innovation and quality enhancement, driving their adoption in the region.

The break-up of the profile of primary participants in the alginates and derivatives market:
n By Company: Tier 1: 17%, Tier 2: 50% and Tier 3: 33%
n By Designation: C Level- 50%, and Manager Level– 50%.
n By Region: North America – 17%, Europe – 16%, Asia Pacific – 50%, and RoW – 17%

Key Market Players
Key players operating in the alginates and derivatives market include Cargill Inc. (US), KIMICA Corporation (Japan), FMC Corporation (US), E.I. DuPont de Nemours and Company (US), and The Dow Chemical Company (UK). Other players include Brenntag AG (Germany), Döhler Group (Germany), Penford Corporation (US), Ashland Inc. (US), and Dastech International (US).

Research Coverage:
This research report categorizes the alginates and derivatives market by type (sodium alginate, calcium alginate, potassium alginate, pga, and others), application (food & beverages, industrial, pharmaceuticals, and other applications), form, and region (North America, Europe, Asia Pacific, and Rest of the World). The scope of the report covers detailed information regarding the major factors, such as drivers, restraints, challenges, and opportunities, influencing the growth of the alginates and derivatives market. A detailed analysis of the key industry players has been done to provide insights into their business overview, products, and services; key strategies; contracts, partnerships, and agreements. New product & service launches, mergers and acquisitions, and recent developments associated with the alginates and derivatives market. Competitive analysis of upcoming startups in the alginates and derivatives market ecosystem is covered in this report.
Reasons to buy this report:
The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall alginates and derivatives market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.

The report provides insights on the following pointers:
• Analysis of key drivers (Growing Demand for Alginates & Derivatives in Textile Industry), restraints (Vulnerability to Seasonal Changes Restricts Raw Material Production), opportunities (Increasing Consumption of Convenience Food), and challenges (Increasing Prices of Alginates) influencing the growth of the alginates and derivatives market.
• Product Development/Innovation: Detailed insights on research & development activities, and new product & service launches in the alginates and derivatives market.
• Market Development: Comprehensive information about lucrative markets – the report analyses the alginates and derivatives market across varied regions.
• Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the alginates and derivatives market.
• Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players including Cargill Inc. (US), KIMICA Corporation (Japan), FMC Corporation (US), E.I. DuPont de Nemours and Company (US), and The Dow Chemical Company (UK). Other players include Brenntag AG (Germany), Döhler Group (Germany), Penford Corporation (US), Ashland Inc. (US), and Dastech International (US) among others in the alginates and derivatives market strategies. 

Table of Contents

1            INTRODUCTION            31

1.1         STUDY OBJECTIVES      31

1.2         MARKET DEFINITION   31

1.3         STUDY SCOPE  32

1.3.1      MARKET SEGMENTATION         32

FIGURE 1           ALGINATES & DERIVATIVES MARKET SEGMENTATION 32

1.3.2      REGIONS COVERED      32

FIGURE 2           REGIONAL SEGMENTATION     32

1.3.3      INCLUSIONS & EXCLUSIONS     33

1.3.4      YEARS CONSIDERED     33

1.4         UNITS CONSIDERED     34

1.4.1      CURRENCY/VALUE UNIT           34

TABLE 1             USD EXCHANGE RATES, 2019–2022         34

1.4.2      VOLUME UNIT CONSIDERED    34

1.5         STAKEHOLDERS            35

1.6         SUMMARY OF CHANGES            35

1.6.1      RECESSION IMPACT ANALYSIS 35

2            RESEARCH METHODOLOGY     36

2.1         RESEARCH DATA           36

FIGURE 3           ALGINATES & DERIVATIVES MARKET: RESEARCH DESIGN              36

2.1.1      SECONDARY DATA       37

2.1.1.1   Key data from secondary sources     37

2.1.2      PRIMARY DATA 37

2.1.2.1   Key data from primary sources         38

2.1.2.2   Key primary insights          38

2.1.2.3   Breakdown of primaries     39

FIGURE 4           BREAKDOWN OF PRIMARY INTERVIEWS            39

2.2         MARKET SIZE ESTIMATION       39

2.2.1      BOTTOM-UP APPROACH           40

FIGURE 5           MARKET SIZE ESTIMATION: BOTTOM-UP APPROACH  40

2.2.2      TOP-DOWN APPROACH             41

FIGURE 6           MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH       41

2.2.3      SUPPLY-SIDE ANALYSIS             41

FIGURE 7           ALGINATES & DERIVATIVES MARKET SIZE CALCULATION: SUPPLY SIDE    42

2.3         DATA TRIANGULATION             43

FIGURE 8           DATA TRIANGULATION: ALGINATES & DERIVATIVES MARKET              43

2.4         RESEARCH ASSUMPTIONS         44

2.5         LIMITATIONS AND RISK ASSESSMENT  44

2.6         RECESSION IMPACT ANALYSIS 45

2.6.1      RECESSION MACRO INDICATORS           45

FIGURE 9           INDICATORS OF RECESSION     45

FIGURE 10         WORLD INFLATION RATE: 2011–2021     46

FIGURE 11         GLOBAL GDP: 2011–2021 (USD TRILLION)          47

FIGURE 12         RECESSION INDICATORS AND THEIR IMPACT ON ALGINATES & DERIVATIVES MARKET           48

FIGURE 13         ALGINATES & DERIVATIVES MARKET: EARLIER FORECAST VS. RECESSION FORECAST 48

3            EXECUTIVE SUMMARY 50

TABLE 2             ALGINATES & DERIVATIVES MARKET SHARE SNAPSHOT, 2023 VS. 2028 (USD MILLION)             50

FIGURE 14         ALGINATES & DERIVATIVES MARKET, BY TYPE, 2023 VS. 2028 (USD MILLION) 51

FIGURE 15         ALGINATES & DERIVATIVES MARKET, BY APPLICATION, 2023 VS. 2028 51

FIGURE 16         ALGINATES & DERIVATIVES MARKET SHARE AND GROWTH RATE (VALUE), BY REGION        52

4            PREMIUM INSIGHTS      53

4.1         ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN ALGINATES & DERIVATIVES MARKET 53

FIGURE 17         ASIA PACIFIC TO WITNESS HIGHEST GROWTH RATE DURING FORECAST PERIOD       53

4.2         ASIA PACIFIC: ALGINATES & DERIVATIVES MARKET, BY TYPE AND COUNTRY         54

FIGURE 18         CHINA ACCOUNTED FOR LARGEST SHARE OF ALGINATES & DERIVATIVES MARKET IN ASIA PACIFIC             54

4.3         ALGINATES & DERIVATIVES MARKET, BY APPLICATION             54

FIGURE 19         INDUSTRIAL SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD       54

4.4         ALGINATES & DERIVATIVES MARKET, BY TYPE 55

FIGURE 20         SODIUM ALGINATES TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD      55

4.5         ALGINATES & DERIVATIVES MARKET, BY TYPE AND REGION    55

FIGURE 21         SODIUM ALGINATES TO DOMINATE MARKET DURING FORECAST PERIOD       55

4.6         ALGINATES & DERIVATIVES MARKET, BY KEY COUNTRY            56

FIGURE 22         US DOMINATED ALGINATES & DERIVATIVES MARKET IN 2023              56

5            MARKET OVERVIEW     57

5.1         INTRODUCTION            57

5.2         MACROECONOMICS INDICATORS         57

5.2.1      SURGE IN POPULATION GROWTH AND DIVERSE FOOD CONSUMPTION             57

FIGURE 23         POPULATION GROWTH TREND, 1950–2050        58

5.3         MARKET DYNAMICS     59

FIGURE 24         ALGINATES & DERIVATIVES MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES    59

5.3.1      DRIVERS            59

5.3.1.1   Growing demand for alginates & derivatives in textile industry   59

FIGURE 25         TOP TEXTILE EXPORTERS IN 2021 (BY VALUE) 60

5.3.1.2   Increasing requirement for natural food additives        61

5.3.1.3   Multifunctionality of alginates & derivatives  61

5.3.1.4   Wide deployment of alginates in pharmaceutical products         62

5.3.2      RESTRAINTS     63

5.3.2.1   Limited raw material availability      63

5.3.2.2   Threat of substitutes across diverse applications          63

5.3.3      OPPORTUNITIES           64

5.3.3.1   Increasing consumption of convenience food 64

5.3.3.2   Growth of processed food industry in emerging economies        64

5.3.4      CHALLENGES   65

5.3.4.1   High production costs of alginates   65

5.3.4.2   Stringent regulatory compliance      65

6            INDUSTRY TRENDS       67

6.1         INTRODUCTION            67

6.2         SUPPLY CHAIN ANALYSIS          67

FIGURE 26         ALGINATES & DERIVATIVES MARKET: SUPPLY CHAIN   68

6.3         VALUE CHAIN ANALYSIS            68

6.3.1      RAW MATERIAL SOURCING       68

6.3.2      PROCESSING AND EXTRACTION            68

6.3.3      PACKAGING AND DISTRIBUTION           68

6.3.4      END-USER APPLICATION           69

FIGURE 27         VALUE CHAIN ANALYSIS OF ALGINATES & DERIVATIVES MARKET            69

6.4         TECHNOLOGY ANALYSIS           69

6.4.1      3D PRINTING    70

6.4.2      ECO-FRIENDLY PACKAGING SOLUTIONS           70

6.5         ECOSYSTEM MAPPING 71

FIGURE 28         ALGINATES & DERIVATIVES MARKET: ECOSYSTEM ANALYSIS              71

TABLE 3             ECOSYSTEM ANALYSIS 71

6.6         TRENDS/DISRUPTIONS IMPACTING CUSTOMER’S BUSINESS     72

FIGURE 29         TREND/DISRUPTIONS IMPACTING CUSTOMER’S BUSINESS              72

6.7         PORTER’S FIVE FORCES ANALYSIS         73

TABLE 4             PORTER’S FIVE FORCES ANALYSIS         73

6.7.1      THREAT FROM NEW ENTRANTS             73

6.7.2      THREAT OF SUBSTITUTES         73

6.7.3      BARGAINING POWER OF SUPPLIERS     73

6.7.4      BARGAINING POWER OF BUYERS           74

6.7.5      INTENSITY OF COMPETITIVE RIVALRY 74

6.8         PRICING ANALYSIS        74

6.8.1      AVERAGE SELLING PRICE TREND, BY TYPE       75

TABLE 5             AVERAGE SELLING PRICE TREND, BY TYPE, 2019–2023 (USD/TON)       75

6.8.2      AVERAGE SELLING PRICE TREND, BY REGION  75

TABLE 6             AVERAGE SELLING PRICE TREND, BY REGION, 2019–2023 (USD/TON)       75

6.9         TARIFF & REGULATORY LANDSCAPE    75

6.9.1      REGULATORY LANDSCAPE       75

6.9.1.1   United States       75

TABLE 7             MAXIMUM USAGE LEVEL OF ALGINATES & DERIVATIVES IN FOOD PRODUCTS         76

6.9.1.2   European Union  76

6.9.1.3   India      77

6.9.1.4   ISO        78

6.9.2      REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS          79

TABLE 8             NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         79

TABLE 9             EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 80

TABLE 10           ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         81

TABLE 11           INTERNATIONAL: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         81

7            ALGINATES & DERIVATIVES MARKET, BY TYPE 82

7.1         INTRODUCTION            83

FIGURE 30         ALGINATES & DERIVATIVES MARKET, BY TYPE, 2023 VS. 2028 (USD MILLION) 83

TABLE 12           ALGINATES & DERIVATIVES MARKET, BY TYPE, 2019–2022 (USD MILLION)          84

TABLE 13           ALGINATES & DERIVATIVES MARKET, BY TYPE, 2023–2028 (USD MILLION)          84

TABLE 14           ALGINATES & DERIVATIVES MARKET, BY TYPE, 2019–2022 (KT)              84

TABLE 15           ALGINATES & DERIVATIVES MARKET, BY TYPE, 2023–2028 (KT)              85

7.2         SODIUM ALGINATE      85

7.2.1      DIVERSE APPLICATIONS IN FOOD SCIENCE AND HEALTH SOLUTIONS TO DRIVE MARKET       85

TABLE 16           SODIUM ALGINATE: ALGINATES & DERIVATIVES MARKET, BY REGION, 2019–2022 (USD MILLION)       85

TABLE 17           SODIUM ALGINATE: ALGINATES & DERIVATIVES MARKET, BY REGION, 2023–2028 (USD MILLION)       86

TABLE 18           SODIUM ALGINATE: ALGINATES & DERIVATIVES MARKET, BY REGION, 2019–2022 (KT)             86

TABLE 19           SODIUM ALGINATE: ALGINATES & DERIVATIVES MARKET, BY REGION, 2023–2028 (KT)             86

7.3         CALCIUM ALGINATE    87

7.3.1      EXTENSIVE USE IN REGENERATIVE MEDICINE TO FUEL MARKET              87

TABLE 20           CALCIUM ALGINATE: ALGINATES & DERIVATIVES MARKET, BY REGION, 2019–2022 (USD MILLION)       87

TABLE 21           CALCIUM ALGINATE: ALGINATES & DERIVATIVES MARKET, BY REGION, 2023–2028 (USD MILLION)       88

TABLE 22           CALCIUM ALGINATE: ALGINATES & DERIVATIVES MARKET, BY REGION, 2019–2022 (KT)             88

TABLE 23           CALCIUM ALGINATE: ALGINATES & DERIVATIVES MARKET, BY REGION, 2023–2028 (KT)             88

7.4         POTASSIUM ALGINATE 89

7.4.1      RISING CONSUMPTION OF LOW-SALT DIETS TO FUEL DEMAND              89

TABLE 24           POTASSIUM ALGINATE: ALGINATES & DERIVATIVES MARKET, BY REGION, 2019–2022 (USD MILLION)  89

TABLE 25           POTASSIUM ALGINATE: ALGINATES & DERIVATIVES MARKET, BY REGION, 2023–2028 (USD MILLION)  89

TABLE 26           POTASSIUM ALGINATE: ALGINATES & DERIVATIVES MARKET, BY REGION, 2019–2022 (KT)       90

TABLE 27           POTASSIUM ALGINATE: ALGINATES & DERIVATIVES MARKET, BY REGION, 2023–2028 (KT)       90

7.5         PROPYLENE GLYCOL ALGINATE            90

7.5.1      WIDE USE AS EMULSIFIER AND STABILIZER TO DRIVE MARKET              90

TABLE 28           PROPYLENE GLYCOL ALGINATE: ALGINATES & DERIVATIVES MARKET, BY REGION, 2019–2022 (USD MILLION)            91

TABLE 29           PROPYLENE GLYCOL ALGINATE: ALGINATES & DERIVATIVES MARKET, BY REGION, 2023–2028 (USD MILLION)            91

TABLE 30           PROPYLENE GLYCOL ALGINATE: ALGINATES & DERIVATIVES MARKET, BY REGION, 2019–2022 (KT)    91

TABLE 31           PROPYLENE GLYCOL ALGINATE: ALGINATES & DERIVATIVES MARKET, BY REGION, 2023–2028 (KT)    92

7.6         OTHER TYPES  92

TABLE 32           OTHER TYPES: ALGINATES & DERIVATIVES MARKET, BY REGION, 2019–2022 (USD MILLION)       92

TABLE 33           OTHER TYPES: ALGINATES & DERIVATIVES MARKET, BY REGION, 2023–2028 (USD MILLION)       93

TABLE 34           OTHER TYPES: ALGINATES & DERIVATIVES MARKET, BY REGION, 2019–2022 (KT)             93

TABLE 35           OTHER TYPES: ALGINATES & DERIVATIVES MARKET, BY REGION, 2023–2028 (KT)             93

8            ALGINATES & DERIVATIVES MARKET, BY APPLICATION             94

8.1         INTRODUCTION            95

FIGURE 31         ALGINATES & DERIVATIVES MARKET, BY APPLICATION, 2023 VS. 2028 95

TABLE 36           ALGINATES & DERIVATIVES MARKET, BY APPLICATION, 2019–2022 (USD MILLION)     95

TABLE 37           ALGINATES & DERIVATIVES MARKET, BY APPLICATION, 2023–2028 (USD MILLION)     96

8.2         FOOD & BEVERAGES     96

8.2.1      GELLING AND STABILIZING PROPERTIES TO DRIVE DEMAND IN FOOD INDUSTRY           96

TABLE 38           FOOD & BEVERAGE: ALGINATES & DERIVATIVES MARKET, BY APPLICATION, 2019–2022 (USD MILLION)           97

TABLE 39           FOOD & BEVERAGE: ALGINATES & DERIVATIVES MARKET, BY APPLICATION, 2023–2028 (USD MILLION)           97

8.3         INDUSTRIAL     97

8.3.1      INCREASING DEMAND IN TEXTILE PRINTING TO DRIVE MARKET              97

TABLE 40           INDUSTRIAL: ALGINATES & DERIVATIVES MARKET, BY APPLICATION, 2019–2022 (USD MILLION)           98

TABLE 41           INDUSTRIAL: ALGINATES & DERIVATIVES MARKET, BY APPLICATION, 2023–2028 (USD MILLION)           98

8.4         PHARMACEUTICALS     99

8.4.1      RISING NEED FOR VERSATILE DRUG DELIVERY SOLUTIONS TO DRIVE MARKET            99

TABLE 42           PHARMACEUTICALS: ALGINATES & DERIVATIVES MARKET, BY APPLICATION, 2019–2022 (USD MILLION)           99

TABLE 43           PHARMACEUTICALS: ALGINATES & DERIVATIVES MARKET, BY APPLICATION, 2023–2028 (USD MILLION)           100

8.5         OTHER APPLICATIONS 100

TABLE 44           OTHER APPLICATIONS: ALGINATES & DERIVATIVES MARKET, BY APPLICATION, 2019–2022 (USD MILLION)     101

TABLE 45           OTHER APPLICATIONS: ALGINATES & DERIVATIVES MARKET, BY APPLICATION, 2023–2028 (USD MILLION)     101

9            ALGINATES & DERIVATIVES MARKET, BY FORM             102

9.1         INTRODUCTION            102

9.2         POWDER           102

9.3         LIQUID 103

9.4         GEL      103

10          ALGINATES & DERIVATIVES MARKET, BY REGION          104

10.1       INTRODUCTION            105

TABLE 46           ALGINATES & DERIVATIVES MARKET, BY REGION, 2019–2022 (USD MILLION) 105

TABLE 47           ALGINATES & DERIVATIVES MARKET, BY REGION, 2023–2028 (USD MILLION) 106

TABLE 48           ALGINATES & DERIVATIVES MARKET, BY REGION, 2019–2022 (KT)      106

TABLE 49           ALGINATES & DERIVATIVES MARKET, BY REGION, 2023–2028 (KT)      106

10.2       NORTH AMERICA          107

10.2.1    NORTH AMERICA: RECESSION IMPACT 107

FIGURE 32         NORTH AMERICA: INFLATION RATES, BY KEY COUNTRY, 2018–2021      108

FIGURE 33         NORTH AMERICA: RECESSION IMPACT ANALYSIS, 2023 108

TABLE 50           NORTH AMERICA: ALGINATES & DERIVATIVES MARKET, BY COUNTRY, 2019–2022 (USD MILLION)    108

TABLE 51           NORTH AMERICA: ALGINATES & DERIVATIVES MARKET, BY COUNTRY, 2023–2028 (USD MILLION)    109

TABLE 52           NORTH AMERICA: ALGINATES & DERIVATIVES MARKET, BY TYPE, 2019–2022 (USD MILLION)             109

TABLE 53           NORTH AMERICA: ALGINATES & DERIVATIVES MARKET, BY TYPE, 2023–2028 (USD MILLION)             109

TABLE 54           NORTH AMERICA: ALGINATES & DERIVATIVES MARKET, BY TYPE, 2019–2022 (KT)    110

TABLE 55           NORTH AMERICA: ALGINATES & DERIVATIVES MARKET, BY TYPE, 2023–2028 (KT)    110

TABLE 56           NORTH AMERICA: ALGINATES & DERIVATIVES MARKET, BY APPLICATION, 2019–2022 (USD MILLION)           110

TABLE 57           NORTH AMERICA: ALGINATES & DERIVATIVES MARKET, BY APPLICATION, 2023–2028 (USD MILLION)           111

10.2.2    US         111

10.2.2.1 Efficient harvesting of seaweed to drive market            111

TABLE 58           MAINE, CALIFORNIA, AND ALASKA SEAWEED PRODUCTION, 2018–2020 (THOUSANDS OF WET POUNDS)       111

TABLE 59           US: ALGINATES & DERIVATIVES MARKET, BY TYPE, 2019–2022 (USD MILLION) 112

TABLE 60           US: ALGINATES & DERIVATIVES MARKET, BY TYPE, 2023–2028 (USD MILLION) 112

TABLE 61           US: ALGINATES & DERIVATIVES MARKET, BY APPLICATION, 2019–2022 (USD MILLION)          113

TABLE 62           US: ALGINATES & DERIVATIVES MARKET, BY APPLICATION, 2023–2028 (USD MILLION)          113

10.2.3    CANADA            113

10.2.3.1 Wide adoption of eco-friendly and sustainable products to fuel market    113

TABLE 63           CANADA: ALGINATES & DERIVATIVES MARKET, BY TYPE, 2019–2022 (USD MILLION)     114

TABLE 64           CANADA: ALGINATES & DERIVATIVES MARKET, BY TYPE, 2023–2028 (USD MILLION)     114

TABLE 65           CANADA: ALGINATES & DERIVATIVES MARKET, BY APPLICATION, 2019–2022 (USD MILLION)           114

TABLE 66           CANADA: ALGINATES & DERIVATIVES MARKET, BY APPLICATION, 2023–2028 (USD MILLION)           115

10.2.4    MEXICO             115

10.2.4.1 Global trade policies and technological advances to drive market             115

TABLE 67           MEXICO: ALGINATES & DERIVATIVES MARKET, BY TYPE, 2019–2022 (USD MILLION)     115

TABLE 68           MEXICO: ALGINATES & DERIVATIVES MARKET, BY TYPE, 2023–2028 (USD MILLION)     116

TABLE 69           MEXICO: ALGINATES & DERIVATIVES MARKET, BY APPLICATION, 2019–2022 (USD MILLION)           116

TABLE 70           MEXICO: ALGINATES & DERIVATIVES MARKET, BY APPLICATION, 2023–2028 (USD MILLION)           116

10.3       EUROPE             117

10.3.1    EUROPE: RECESSION IMPACT   117

FIGURE 34         EUROPE: INFLATION RATES, BY KEY COUNTRY, 2018–2021              118

FIGURE 35         EUROPE: RECESSION IMPACT ANALYSIS, 2023   118

FIGURE 36         EUROPE: MARKET SNAPSHOT  119

TABLE 71           EUROPE: ALGINATES & DERIVATIVES MARKET, BY COUNTRY, 2019–2022 (USD MILLION)          120

TABLE 72           EUROPE: ALGINATES & DERIVATIVES MARKET, BY COUNTRY, 2023–2028 (USD MILLION)          120

TABLE 73           EUROPE: ALGINATES & DERIVATIVES MARKET, BY TYPE, 2019–2022 (USD MILLION)     120

TABLE 74           EUROPE: ALGINATES & DERIVATIVES MARKET, BY TYPE, 2023–2028 (USD MILLION)     121

TABLE 75           EUROPE: ALGINATES & DERIVATIVES MARKET, BY TYPE, 2019–2022 (KT)           121

TABLE 76           EUROPE: ALGINATES & DERIVATIVES MARKET, BY TYPE, 2023–2028 (KT)           121

TABLE 77           EUROPE: ALGINATES & DERIVATIVES MARKET, BY APPLICATION, 2019–2022 (USD MILLION)           122

TABLE 78           EUROPE: ALGINATES & DERIVATIVES MARKET, BY APPLICATION, 2023–2028 (USD MILLION)           122

10.3.2    GERMANY         122

10.3.2.1 Growing emphasis on sustainability to drive demand for eco-friendly alginates and derivatives           122

TABLE 79           GERMANY: ALGINATES & DERIVATIVES MARKET, BY TYPE, 2019–2022 (USD MILLION)          123

TABLE 80           GERMANY: ALGINATES & DERIVATIVES MARKET, BY TYPE, 2023–2028 (USD MILLION)          123

TABLE 81           GERMANY: ALGINATES & DERIVATIVES MARKET, BY APPLICATION, 2019–2022 (USD MILLION)           123

TABLE 82           GERMANY: ALGINATES & DERIVATIVES MARKET, BY APPLICATION, 2023–2028 (USD MILLION)           124

10.3.3    UK         124

10.3.3.1 Stringent safety standards and quality control measures to boost market  124

TABLE 83           UK: ALGINATES & DERIVATIVES MARKET, BY TYPE, 2019–2022 (USD MILLION) 124

TABLE 84           UK: ALGINATES & DERIVATIVES MARKET, BY TYPE, 2023–2028 (USD MILLION) 125

TABLE 85           UK: ALGINATES & DERIVATIVES MARKET, BY APPLICATION, 2019–2022 (USD MILLION)          125

TABLE 86           UK: ALGINATES & DERIVATIVES MARKET, BY APPLICATION, 2023–2028 (USD MILLION)          125

10.3.4    FRANCE             126

10.3.4.1 Growth of food processing industry to fuel demand for alginate-based products              126

TABLE 87           FRANCE: ALGINATES & DERIVATIVES MARKET, BY TYPE, 2019–2022 (USD MILLION)     126

TABLE 88           FRANCE: ALGINATES & DERIVATIVES MARKET, BY TYPE, 2023–2028 (USD MILLION)     126

TABLE 89           FRANCE: ALGINATES & DERIVATIVES MARKET, BY APPLICATION, 2019–2022 (USD MILLION)           127

TABLE 90           FRANCE: ALGINATES & DERIVATIVES MARKET, BY APPLICATION, 2023–2028 (USD MILLION)           127

10.3.5    SPAIN   127

10.3.5.1 Expansion of pharmaceuticals and cosmetics industries to drive market   127

TABLE 91           SPAIN: ALGINATES & DERIVATIVES MARKET, BY TYPE, 2019–2022 (USD MILLION)     127

TABLE 92           SPAIN: ALGINATES & DERIVATIVES MARKET, BY TYPE, 2023–2028 (USD MILLION)     128

TABLE 93          SPAIN: ALGINATES & DERIVATIVES MARKET, BY APPLICATION, 2019–2022 (USD MILLION)          128

TABLE 94          SPAIN: ALGINATES & DERIVATIVES MARKET, BY APPLICATION, 2023–2028 (USD MILLION)          128

10.3.6    REST OF EUROPE           129

TABLE 95           REST OF EUROPE: ALGINATES & DERIVATIVES MARKET, BY TYPE, 2019–2022 (USD MILLION)             129

TABLE 96           REST OF EUROPE: ALGINATES & DERIVATIVES MARKET, BY TYPE, 2023–2028 (USD MILLION)             129

TABLE 97           REST OF EUROPE: ALGINATES & DERIVATIVES MARKET, BY APPLICATION, 2019–2022 (USD MILLION)           130

TABLE 98           REST OF EUROPE: ALGINATES & DERIVATIVES MARKET, BY APPLICATION, 2023–2028 (USD MILLION)           130

10.4       ASIA PACIFIC    130

FIGURE 37         TOP SEAWEED-PRODUCING NATIONS IN 2019, FARMED AND WILD PRODUCTION     131

10.4.1    ASIA PACIFIC: RECESSION IMPACT        131

FIGURE 38         ASIA PACIFIC: INFLATION RATES, BY KEY COUNTRY, 2018–2021              132

FIGURE 39         ASIA PACIFIC: RECESSION IMPACT ANALYSIS, 2023        132

FIGURE 40         ASIA PACIFIC: MARKET SNAPSHOT       133

TABLE 99           ASIA PACIFIC: ALGINATES & DERIVATIVES MARKET, BY COUNTRY, 2019–2022 (USD MILLION)    134

TABLE 100         ASIA PACIFIC: ALGINATES & DERIVATIVES MARKET, BY COUNTRY, 2023–2028 (USD MILLION)    134

TABLE 101         ASIA PACIFIC: ALGINATES & DERIVATIVES MARKET, BY TYPE, 2019–2022 (USD MILLION)          134

TABLE 102         ASIA PACIFIC: ALGINATES & DERIVATIVES MARKET, BY TYPE, 2023–2028 (USD MILLION)          135

TABLE 103         ASIA PACIFIC: ALGINATES & DERIVATIVES MARKET, BY TYPE, 2019–2022 (KT) 135

TABLE 104         ASIA PACIFIC: ALGINATES & DERIVATIVES MARKET, BY TYPE, 2023–2028 (KT) 135

TABLE 105         ASIA PACIFIC: ALGINATES & DERIVATIVES MARKET, BY APPLICATION, 2019–2022 (USD MILLION)           136

TABLE 106         ASIA PACIFIC: ALGINATES & DERIVATIVES MARKET, BY APPLICATION, 2023–2028 (USD MILLION)           136

10.4.2    CHINA  136

10.4.2.1 Competitive pricing and rising international exports to drive market        136

TABLE 107         CHINA: ALGINATES & DERIVATIVES MARKET, BY TYPE, 2019–2022 (USD MILLION)     137

TABLE 108         CHINA: ALGINATES & DERIVATIVES MARKET, BY TYPE, 2023–2028 (USD MILLION)     137

TABLE 109         CHINA: ALGINATES & DERIVATIVES MARKET, BY APPLICATION, 2019–2022 (USD MILLION)           137

TABLE 110         CHINA: ALGINATES & DERIVATIVES MARKET, BY APPLICATION, 2023–2028 (USD MILLION)           138

10.4.3    JAPAN  138

10.4.3.1 Extensive seaweed cultivation in coastal regions to boost market 138

TABLE 111         JAPAN: ALGINATES & DERIVATIVES MARKET, BY TYPE, 2019–2022 (USD MILLION)     138

TABLE 112         JAPAN: ALGINATES & DERIVATIVES MARKET, BY TYPE, 2023–2028 (USD MILLION)     139

TABLE 113         JAPAN: ALGINATES & DERIVATIVES MARKET, BY APPLICATION, 2019–2022 (USD MILLION)           139

TABLE 114         JAPAN: ALGINATES & DERIVATIVES MARKET, BY APPLICATION, 2023–2028 (USD MILLION)           139

10.4.4    INDIA   140

10.4.4.1 Diverse ecosystem and increase in industrial activities to drive market     140

TABLE 115         INDIA: ALGINATES & DERIVATIVES MARKET, BY TYPE, 2019–2022 (USD MILLION)     140

TABLE 116         INDIA: ALGINATES & DERIVATIVES MARKET, BY TYPE, 2023–2028 (USD MILLION)     140

TABLE 117        INDIA: ALGINATES & DERIVATIVES MARKET, BY APPLICATION, 2019–2022 (USD MILLION)          141

TABLE 118        INDIA: ALGINATES & DERIVATIVES MARKET, BY APPLICATION, 2023–2028 (USD MILLION)          141

10.4.5    AUSTRALIA & NEW ZEALAND   141

10.4.5.1 Wide adoption of giant kelp in alginate production to drive market          141

TABLE 119         AUSTRALIA & NEW ZEALAND: ALGINATES & DERIVATIVES MARKET, BY TYPE, 2019–2022 (USD MILLION)    142

TABLE 120         AUSTRALIA & NEW ZEALAND: ALGINATES & DERIVATIVES MARKET, BY TYPE, 2023–2028 (USD MILLION)    142

TABLE 121         AUSTRALIA & NEW ZEALAND: ALGINATES & DERIVATIVES MARKET, BY APPLICATION, 2019–2022 (USD MILLION)  142

TABLE 122         AUSTRALIA & NEW ZEALAND: ALGINATES & DERIVATIVES MARKET, BY APPLICATION, 2023–2028 (USD MILLION)  143

10.4.6    REST OF ASIA PACIFIC  143

TABLE 123         REST OF ASIA PACIFIC: ALGINATES & DERIVATIVES MARKET, BY TYPE, 2019–2022 (USD MILLION)       143

TABLE 124         REST OF ASIA PACIFIC: ALGINATES & DERIVATIVES MARKET, BY TYPE, 2023–2028 (USD MILLION)       144

TABLE 125         REST OF ASIA PACIFIC: ALGINATES & DERIVATIVES MARKET, BY APPLICATION, 2019–2022 (USD MILLION)     144

TABLE 126         REST OF ASIA PACIFIC: ALGINATES & DERIVATIVES MARKET, BY APPLICATION, 2023–2028 (USD MILLION)     144

10.5       REST OF WORLD            145

10.5.1    ROW: RECESSION IMPACT         145

FIGURE 41         ROW: INFLATION RATES, BY KEY COUNTRY, 2018–2021 145

FIGURE 42         ROW: RECESSION IMPACT ANALYSIS, 2022–2023 146

TABLE 127         ROW: ALGINATES & DERIVATIVES MARKET, BY COUNTRY, 2019–2022 (USD MILLION)          146

TABLE 128         ROW: ALGINATES & DERIVATIVES MARKET, BY COUNTRY, 2023–2028 (USD MILLION)          146

TABLE 129         ROW: ALGINATES & DERIVATIVES MARKET, BY TYPE, 2019–2022 (USD MILLION)     147

TABLE 130         ROW: ALGINATES & DERIVATIVES MARKET, BY TYPE, 2023–2028 (USD MILLION)     147

TABLE 131         ROW: ALGINATES & DERIVATIVES MARKET, BY TYPE, 2019–2022 (KT)           147

TABLE 132         ROW: ALGINATES & DERIVATIVES MARKET, BY TYPE, 2023–2028 (KT)           148

TABLE 133         ROW: ALGINATES & DERIVATIVES MARKET, BY APPLICATION, 2019–2022 (USD MILLION)          148

TABLE 134         ROW: ALGINATES & DERIVATIVES MARKET, BY APPLICATION, 2023–2028 (USD MILLION)          148

10.5.2    SOUTH AMERICA           149

10.5.2.1 Diverse marine ecosystem and extensive coastline to fuel market             149

TABLE 135         SOUTH AMERICA: ALGINATES & DERIVATIVES MARKET, BY TYPE, 2019–2022 (USD MILLION)             149

TABLE 136         SOUTH AMERICA: ALGINATES & DERIVATIVES MARKET, BY TYPE, 2023–2028 (USD MILLION)             149

TABLE 137         SOUTH AMERICA: ALGINATES & DERIVATIVES MARKET, BY APPLICATION, 2019–2022 (USD MILLION)           150

TABLE 138         SOUTH AMERICA: ALGINATES & DERIVATIVES MARKET, BY APPLICATION, 2023–2028 (USD MILLION)           150

10.5.3    AFRICA 150

10.5.3.1 Increasing consumer preference for natural ingredients to fuel demand for alginates 150

TABLE 139         AFRICA: ALGINATES & DERIVATIVES MARKET, BY TYPE, 2019–2022 (USD MILLION)     151

TABLE 140         AFRICA: ALGINATES & DERIVATIVES MARKET, BY TYPE, 2023–2028 (USD MILLION)     151

TABLE 141         AFRICA: ALGINATES & DERIVATIVES MARKET, BY APPLICATION, 2019–2022 (USD MILLION)           151

TABLE 142         AFRICA: ALGINATES & DERIVATIVES MARKET, BY APPLICATION, 2023–2028 (USD MILLION)           152

10.5.4    MIDDLE EAST  152

10.5.4.1 Strategic geographical location and industrial diversification to boost market              152

TABLE 143         MIDDLE EAST: ALGINATES & DERIVATIVES MARKET, BY TYPE, 2019–2022 (USD MILLION)          152

TABLE 144         MIDDLE EAST: ALGINATES & DERIVATIVES MARKET, BY TYPE, 2023–2028 (USD MILLION)          153

TABLE 145         MIDDLE EAST: ALGINATES & DERIVATIVES MARKET, BY APPLICATION, 2019–2022 (USD MILLION)           153

TABLE 146         MIDDLE EAST: ALGINATES & DERIVATIVES MARKET, BY APPLICATION, 2023–2028 (USD MILLION)           153

11          COMPETITIVE LANDSCAPE       154

11.1       OVERVIEW        154

11.2       KEY PLAYERS’ STRATEGIES/RIGHT TO WIN       154

TABLE 147         STRATEGIES ADOPTED BY KEY PLAYERS IN ALGINATES & DERIVATIVES MARKET 154

11.3       REVENUE ANALYSIS      157

FIGURE 43         REVENUE ANALYSIS OF KEY MARKET PLAYERS, 2018–2022 (USD BILLION)           157

11.4       MARKET SHARE ANALYSIS, 2023             157

TABLE 148         ALGINATES & DERIVATIVES MARKET: INTENSITY OF COMPETITIVE RIVALRY             158

11.5       SNAPSHOT OF KEY MARKET PARTICIPANTS     158

FIGURE 44         ALGINATES & DERIVATIVES MARKET: SNAPSHOT OF KEY PARTICIPANTS, 2023     158

11.6       COMPANY EVALUATION MATRIX          159

11.6.1    STARS  159

11.6.2    EMERGING LEADERS    159

11.6.3    PERVASIVE PLAYERS     159

11.6.4    PARTICIPANTS 159

FIGURE 45         ALGINATES & DERIVATIVES MARKET: COMPANY EVALUATION MATRIX, 2023      160

11.6.5    COMPANY FOOTPRINT 161

TABLE 149         ALGINATES & DERIVATIVES MARKET: COMPANY TYPE FOOTPRINT      161

TABLE 150         ALGINATES & DERIVATIVES MARKET: COMPANY APPLICATION FOOTPRINT       162

TABLE 151         ALGINATES & DERIVATIVES MARKET: COMPANY REGION FOOTPRINT      163

TABLE 152         ALGINATES & DERIVATIVES MARKET: COMPANY OVERALL FOOTPRINT      164

11.7       STARTUP/SME EVALUATION MATRIX   165

11.7.1    PROGRESSIVE COMPANIES       165

11.7.2    RESPONSIVE COMPANIES          165

11.7.3    DYNAMIC COMPANIES 165

11.7.4    STARTING BLOCKS       165

FIGURE 46         ALGINATES & DERIVATIVES MARKET: STARTUP/SME EVALUATION MATRIX, 2023      166

11.7.5    COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES         167

TABLE 153         ALGINATES & DERIVATIVES MARKET: KEY STARTUPS/SMES              167

TABLE 154         ALGINATES & DERIVATIVES MARKET: COMPETITIVE BENCHMARKING OF KEY START-UPS/SMES      168

11.8       COMPETITIVE SCENARIO          169

11.8.1    DEALS  169

TABLE 155         ALGINATES & DERIVATIVES MARKET: DEALS, SEPTEMBER 2021−MARCH 2023        169

11.8.2    EXPANSIONS    170

TABLE 156         ALGINATES & DERIVATIVES MARKET: EXPANSIONS, NOVEMBER 2020            170

12          COMPANY PROFILES    172

12.1       INTRODUCTION            172

12.2       KEY PLAYERS   172

(Business Overview, Products/Services/Solutions Offered, MnM View, Key Strengths and Right to Win, Strategic Choices Made, Weaknesses and Competitive Threats, Recent Developments)*

12.2.1    KIMICA 172

TABLE 157         KIMICA: COMPANY OVERVIEW 172

TABLE 158         KIMICA: PRODUCTS/SOLUTIONS/SERVICES OFFERED  173

TABLE 159         KIMICA: EXPANSION     173

12.2.2    J. RETTENMAIER & SÖHNE GMBH          175

TABLE 160         J. RETTENMAIER & SÖHNE GMBH: COMPANY OVERVIEW              175

TABLE 161         J. RETTENMAIER & SÖHNE GMBH: PRODUCTS/SOLUTIONS/SERVICES OFFERED   176

TABLE 162         J. RETTENMAIER & SÖHNE GMBH: DEALS          177

12.2.3    INGREDION      179

TABLE 163         INGREDION: COMPANY OVERVIEW       179

FIGURE 47         INGREDION: COMPANY SNAPSHOT      180

TABLE 164         INGREDION: PRODUCTS/SOLUTIONS/SERVICES OFFERED              180

TABLE 165         INGREDION: DEALS      181

12.2.4    FMC CORPORATION     183

TABLE 166         FMC CORPORATION: COMPANY OVERVIEW      183

FIGURE 48         FMC CORPORATION: COMPANY SNAPSHOT     184

TABLE 167         FMC CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED          184

12.2.5    PENTA MANUFACTURING COMPANY   186

TABLE 168         PENTA MANUFACTURING COMPANY: COMPANY OVERVIEW              186

TABLE 169         PENTA MANUFACTURING COMPANY: PRODUCTS/SOLUTIONS/SERVICES OFFERED   186

12.2.6    MERON GROUP              188

TABLE 170         MERON GROUP: COMPANY OVERVIEW 188

TABLE 171         MERON GROUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED              188

12.2.7    CEAMSA            189

TABLE 172         CEAMSA: COMPANY OVERVIEW             189

TABLE 173         CEAMSA: PRODUCTS/SOLUTIONS/SERVICES OFFERED 189

12.2.8    SNP, INC.           190

TABLE 174         SNP, INC.: COMPANY OVERVIEW            190

TABLE 175         SNP, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED              190

12.2.9    SHANDONG JIEJING GROUP CORPORATION     191

TABLE 176         SHANDONG JIEJING GROUP CORPORATION: COMPANY OVERVIEW        191

TABLE 177         SHANDONG JIEJING GROUP CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED   191

12.2.10  ZHERMACK SPA             193

TABLE 178         ZHERMACK SPA: COMPANY OVERVIEW 193

TABLE 179         ZHERMACK SPA: PRODUCTS/SOLUTIONS/SERVICES OFFERED              193

12.2.11  SFM      194

TABLE 180         SFM: COMPANY OVERVIEW       194

TABLE 181         SFM: PRODUCTS/SOLUTIONS/SERVICES OFFERED        194

12.2.12  QINGDAO BRIGHT MOON SEAWEED GROUP CO., LTD. 196

TABLE 182         QINGDAO BRIGHT MOON SEAWEED GROUP CO., LTD.: COMPANY OVERVIEW  196

TABLE 183         QINGDAO BRIGHT MOON SEAWEED GROUP CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED   196

12.2.13  AGARMEX         199

TABLE 184         AGARMEX: COMPANY OVERVIEW          199

TABLE 185         AGARMEX: PRODUCTS/SOLUTIONS/SERVICES OFFERED              199

12.2.14  KAMMAN GROUP          200

TABLE 186         KAMMAN GROUP: COMPANY OVERVIEW           200

TABLE 187         KAMMAN GROUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED          200

12.2.15  CENTRAL DRUG HOUSE             201

TABLE 188         CENTRAL DRUG HOUSE: COMPANY OVERVIEW             201

TABLE 189         CENTRAL DRUG HOUSE: PRODUCTS/SOLUTIONS/SERVICES OFFERED          201

12.3       OTHER PLAYERS           202

12.3.1    QINGDAO GFURI SEAWEED INDUSTRIAL CO., LTD.       202

TABLE 190         QINGDAO GFURI SEAWEED INDUSTRIAL CO., LTD.: BUSINESS OVERVIEW        202

TABLE 191         QINGDAO GFURI SEAWEED INDUSTRIAL CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED   202

12.3.2    FOODCHEM INTERNATIONAL CORPORATION 203

TABLE 192         FOODCHEM INTERNATIONAL CORPORATION: COMPANY OVERVIEW        203

TABLE 193         FOODCHEM INTERNATIONAL CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED   203

12.3.3    QINGDAO HYZLIN BIOLOGY DEVELOPMENT CO., LTD.             204

TABLE 194         QINGDAO HYZLIN BIOLOGY DEVELOPMENT CO., LTD.: COMPANY OVERVIEW  204

TABLE 195         QINGDAO HYZLIN BIOLOGY DEVELOPMENT CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED   204

12.3.4    ZIBO WANGFEI SEAWEED TECH CO., LTD.         206

TABLE 196         ZIBO WANGFEI SEAWEED TECH CO., LTD.: COMPANY OVERVIEW        206

TABLE 197         ZIBO WANGFEI SEAWEED TECH CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED   206

12.3.5    SHANGHAI DANFAN NETWORK SCIENCE & TECHNOLOGY CO., LTD.              207

TABLE 198         SHANGHAI DANFAN NETWORK SCIENCE & TECHNOLOGY CO., LTD.: COMPANY OVERVIEW      207

TABLE 199         SHANGHAI DANFAN NETWORK SCIENCE & TECHNOLOGY CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED       207

*Business Overview, Products/Services/Solutions Offered, MnM View, Key Strengths and Right to Win, Strategic Choices Made, Weaknesses and Competitive Threats, Recent Developments might not be captured in case of unlisted companies.

12.3.6    LIANYUNGANG FENGYUN SEAWEED MANUFACTURER CO., LTD.              208

12.3.7    S.R.K. ENTERPRISES      208

12.3.8    MBL      209

12.3.9    IRO ALGINATE INDUSTRY CO., LTD.     209

12.3.10  SNAP NATURAL & ALGINATE PRODUCTS PVT. LTD.      210

13          ADJACENT AND RELATED MARKETS     211

13.1       INTRODUCTION            211

TABLE 200         ALGINATES & DERIVATIVES ADJACENT MARKETS         211

13.2       STUDY LIMITATIONS    211

13.3       HYDROCOLLOIDS MARKET      211

13.3.1    MARKET DEFINITION   211

13.3.2    MARKET OVERVIEW     212

TABLE 201         HYDROCOLLOIDS MARKET, BY SOURCE, 2018–2022 (USD MILLION)          212

TABLE 202         HYDROCOLLOIDS MARKET, BY SOURCE, 2023–2028 (USD MILLION)          213

13.4       ALGAE PRODUCTS MARKET     213

13.4.1    MARKET DEFINITION   213

13.4.2    MARKET OVERVIEW     213

TABLE 203         ALGAE PRODUCTS MARKET, BY FORM, 2018–2022 (USD MILLION)          214

TABLE 204         ALGAE PRODUCTS MARKET, BY FORM, 2023–2028 (USD MILLION)          214

14          APPENDIX         215

14.1       DISCUSSION GUIDE      215

14.2       KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL             219

14.3       CUSTOMIZATION OPTIONS      221

14.4       RELATED REPORTS       221

14.5       AUTHOR DETAILS         222