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 2024-2031

Global 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).

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.