Global Sodium Alginate Market

Sodium Alginate Market Size, Share, Growth Analysis, By Application(Pharmaceutical, industrial and others), By Type(High M and High GProduct gradeFood & pharmaceutical and technical Function stabilizers, thickeners, gelling agents, and emulsifiers), By Region - Industry Forecast 2025-2032


Report ID: SQMIG15C2029 | Region: Global | Published Date: July, 2024
Pages: 242 | Tables: 63 | Figures: 75

Sodium Alginate Market Insights

Sodium Alginate Market size was valued at USD 803.06 Million in 2023 and is poised to grow from USD 843.21 Million in 2024 to USD 1245.81 Million by 2032, growing at a CAGR of 5% during the forecast period (2025-2032).

Sodium Alginates are becoming popular since they consist of manure, comic and garlic acids arranged in different combinations, such as blogs rich in either MorG units or blogs of alternating G&M units.

Due to its biocompatibility, low toxicity, relatively low cost and mild dilatation, alginate is used in many foods and biomedical applications.In the food industry alginate is majorly used as thickening agent, gelling agent, emulsifier, stabilizer, texture improver.In present time, it is used in numerous kinds of food such as ice cream, Jelly, acid milk, drinks, dressings, instant noodles, beer, EC.The other major industry where sodium alginate used is in Pharmaceutical industry, it is added into tablet as career to accelerate tablet disintegration for a faster release of medicinal components in cosmetics due to its functionality as a thickener and moisture retainer. Moreover, it is used in biomedical studies as sodium alginate gels are increasingly utilized as a model system for mammalian cell culture.This gels can readily be adapted to serve as either 2D or more physiologically irrelevant 3D culture systems.

US Sodium Alginate Market is poised to grow at a sustainable CAGR for the next forecast year.

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Sodium Alginate Market size was valued at USD 764.82 million in 2019 and is poised to grow from USD 803.06 million in 2023 to USD 1186.49 million by 2031, growing at a CAGR of 5% in the forecast period (2024-2031).

Competition in the Sodium Alginate market is expected to increase during the forecast period because new players are expected to enter in the market and the number of products compatible with Sodium Alginate will also increase. Currently, only a few key players are providing their services in the market but these numbers will increase in the upcoming years. 'KIMICA Corporation', 'Qingdao Bright Moon Seaweed Group Co., Ltd.', 'FMC Corporation', 'Jiejing Group Corporation', 'SNAP Natural & Alginate Products Pvt. Ltd.', 'Cargill, Incorporated', 'IRO Alginate Industry Co., Ltd.', 'Qingdao Rongde Seaweed Co., Ltd.', 'Qingdao Yitex Chemical Co., Ltd.', 'Shandong Jiejing Group Corporation', 'Dastech International Inc.', 'Döhler GmbH', 'Guangzhou ZIO Chemical Co., Ltd.', 'Keko Marketing (M) Sdn Bhd', 'Qingdao Allforlong Bio-Tech Co., Ltd.', 'Qingdao Gather Great Ocean Algae Industry Group Co., Ltd.', 'Qingdao Hyzlin Biology Development Co., Ltd.', 'Qingdao Shuangyi Seaweed Co., Ltd.', 'Qingdao Zhenxiong Enterprise Co., Ltd.', 'Shanghai Jinli Bio-Tech Co., Ltd.'

The drastic significant growth in the food and beverage industry across the globe is one of the key factors driving the markets positive outlook.Due to the various benefits provided by sodium alginate in food industries such as it serves as high thickening, gelling and film forming, it is widely used as natural additive in producing various convenience and ready to eat food products.Along with 8 widespread product adoption in the healthcare industry as sodium, calcium alginate fibers are highly biocompatible porous and have high fluid absorption capacities, propelling the market growth.

Due to the increase in road accidents, the requirement of instant treatment has increased. Therefore, as sodium calcium alginate fibers are highly biocompatible, porous and have high fluid absorption capacity, it is used to make wound dressings.These major trend of utilization of sodium alginate has helped the industry to grow.

Globally, Asia Pacific is estimated to hold the highest Sodium Alginate market share. Main factors during this growth period are the presence of top market players,Increasing demand, and others.

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Global Sodium Alginate Market

Report ID: SQMIG15C2029

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