North America Carrageenan Market by Type (Kappa, Lota and Lambda), by Application (Food Industry (Dairy, Meat, Beverages and Pet Food), Pharmaceutical Industry and Cosmetics Industry), by Grade (Refined Carrageenan and Semi Refined Carrageenan), by Seaweed Source (Gigartina, Chondrus, Iridaea and Eucheuma) and by Region - Industry Analysis, Size, Share, Growth, Trends, and Forecasts (2016–2021)

North America Carrageenan Market by Type (Kappa, Lota and Lambda), by Application (Food Industry (Dairy, Meat, Beverages and Pet Food), Pharmaceutical Industry and Cosmetics Industry), by Grade (Refined Carrageenan and Semi Refined Carrageenan), by Seaweed Source (Gigartina, Chondrus, Iridaea and Eucheuma) and by Region - Industry Analysis, Size, Share, Growth, Trends, and Forecasts (2016–2021)

ID: 1596 | Pages: 145 | November 2016 | Region: North America


The North America Carrageenan Market was worth $199.8 million in 2016 and estimated to be growing at a CAGR of 4.6%, to reach $250.18 million by 2021. North America imports Carrageenan mainly from China, Philippines and Indonesia because of the easy availability of the Sea weed.

Carrageenan is polysaccharide, consumed as a natural preservative in several food and pharmacological applications. Carrageenan comes under the family of linear sulphated polysaccharides which are taken out from red edible seaweeds and are largely used in the food industry.

The demand for Carrageenan has reduced as customers have inclined more towards alternatives such as RC Gel pressed products and SRC Grade food. As huge population desires non vegetarian food therefore, there is a great demand for meat, hence fueling this market. The accessibility of alternatives such as agar, a jelly like material has made the carrageenan market down.

North America market for Carrageenan is segmented by type into Kappa, Lota and Lambda. Based on application the market is segregated into Food Industry, Pharmaceutical Industry and Cosmetics Industry. Food industry is further sub segmented into Dairy, Meat, Beverages and Pet Food. On the basis of grade the carrageenan market is divided amongst Refined Carrageenan and Semi Refined Carrageenan. Market is also bifurcated based on seaweed source into Gigartina, Chondrus, Iridaea and Eucheuma. Pharmaceutical industry is one of the key end-use industries of carrageenan due to its expanding application as gelling agent. 

Geographically the market is segmented into USA and Canada. Owing to the varied applications of Carrageenan in dairy, meat and pet foods, the US has developed an ample market for Carrageenan and its value has augmented rapidly in the last few years.

The major players in the food grade carrageenan industry are AEP Colloids, Shemberg Marketing Corporation, Ingredients Solutions Inc., Gelymar SA, Soriano SA, Marcel Trading Corporation, Danisco A/S, Scalzo Food Industries, Altrafine Gums, TIC Gums Incorporation, Gum Technology Corporation, DuPont (U.S.), Cargill (U.S.), Kerry Group (Ireland), CP Kelco (U.S.), Ashland Inc (U.S.), Ingredion (U.S.), TIC Gums (U.S.) and Tate & Lyle (U.K.).

1. Introduction                                 

                1.1 Market Definition                    

                1.2 Study Deliverables                  

                1.3 Base Currency, Base Year and Forecast Periods                          

                1.4 General Study Assumptions                

2. Research Methodology                                           

                2.1 Introduction                               

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research 

                                2.2.3 Econometric Modelling      

                                2.2.4 Expert Validation  

                2.3 Analysis Design                         

                2.4 Study Timeline                          

3. Overview                                       

                3.1 Executive Summary                

                3.2 Key Inferences                         

                3.3 New Developments               

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                                    

                4.1 Market Drivers                          

                4.2 Market Restraints                    

                4.3 Key Challenges                         

                4.4 Current Opportunities in the Market                              

5. Market Segmentation                                              

                5.1 By Type                        

                                5.1.1 Kappa        

                                5.1.2 Lota            

                                5.1.3 Lambda    

                5.2 By Application                           

                                5.2.1 Food Industry        

                                                5.2.1.1 Dairy

                                                5.2.1.2 Meat

                                                5.2.1.3 Beverages

                                                5.2.1.4 Pet Food

                                5.2.2 Pharmaceutical Industry   

                                5.2.3 Cosmetics Industry              

                5.3 By Grade                     

                                5.3.1 Refined Carrageenan         

                                5.3.2 Semi Refined Carrageenan              

                5.4 Seaweed Source                      

                                5.4.1 Gigartina  

                                5.4.2 Chondrus 

                                5.4.3 Iridaea      

                                5.4.4 Eucheuma               

6. Geographical Analysis                                              

                6.1 Introduction                               

                6.2 United States                            

                6.3 Canada                         

7. Strategic Analysis                                       

                7.1 PESTLE analysis                         

                                7.1.1 Political     

                                7.1.2 Economic 

                                7.1.3 Social         

                                7.1.4 Technological         

                                7.1.5 Legal          

                                7.1.6 Environmental       

                7.2 Porter’s Five analysis                              

                                7.2.1 Bargaining Power of Suppliers        

                                7.2.2 Bargaining Power of Consumers    

                                7.2.3 Threat of New Entrants     

                                7.2.4 Threat of Substitute Products and Services              

                                7.2.5 Competitive Rivalry within the Industry     

8. Market Leaders' Analysis                                        

                8.1 AEP Colloids               

                                8.1.1 Overview 

                                8.1.2 Product Analysis   

                                8.1.3 Strategic Evaluation and Operations            

                                8.1.4 Financial analysis  

                                8.1.5 Legal issues             

                                8.1.6 Recent Developments       

                                8.1.7 SWOT analysis       

                                8.1.8 Analyst View          

                8.2 Shemberg Marketing Corporation                    

                8.3 Ingredients Solutions Inc.                     

                8.4 Gelymar SA                

                8.5 Soriano SA                  

                8.6 Marcel Trading Corporation                 

                8.7 Scalzo Food Industries                           

                8.8 Altrafine Gums                         

                8.9 TIC Gums Incorporation                        

                8.10 Gum Technology Corporation                          

                8.11 DuPont                      

                8.12 Cargill                          

9. Competitive Landscape                                           

                9.1 Market share analysis                            

                9.2 Merger and Acquisition Analysis                       

                9.3 Agreements, collaborations and Joint Ventures                         

                9.4 New Product Launches                         

10. Expert Opinions                                        

                10.1 Market Outlook                     

                10.2 Investment Opportunities                 

Appendix                                           

                a) List of Tables                

                b) List of Figures                              

  • Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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  1. North America Carrageenan Market By Region, From 2016-2021 (USD Million)
  2. North America Carrageenan Market By Type, From 2016-2021 (USD Million)
  3. North America Kappa Market By Region, From 2016-2021 (USD Million)
  4. North America Lota Market By Region, From 2016-2021 (USD Million)
  5. North America Lambda Market By Region, From 2016-2021 (USD Million)
  6. North America Carrageenan Market By Application, From 2016-2021 (USD Million)
  7. North America Food Industry Market By Region, From 2016-2021 (USD Million)
  8. North America Carrageenan Market By Food Industry, From 2016-2021 (USD Million)
  9. North America Dairy Market By Region, From 2016-2021 (USD Million)
  10. North America Meat Market By Region, From 2016-2021 (USD Million)
  11. North America Beverages Market By Region, From 2016-2021 (USD Million)
  12. North America Pet Food Market By Region, From 2016-2021 (USD Million)
  13. North America Pharmaceutical Industry Market By Region, From 2016-2021 (USD Million)
  14. North America Cosmetics Industry Market By Region, From 2016-2021 (USD Million)
  15. North America Carrageenan Market By Grade, From 2016-2021 (USD Million)
  16. North America Refined Carrageenan Market By Region, From 2016-2021 (USD Million)
  17. North America Semi Refined Carrageenan Market By Region, From 2016-2021 (USD Million)
  18. North America Carrageenan Market By Seaweed Source, From 2016-2021 (USD Million)
  19. North America Gigartina Market By Region, From 2016-2021 (USD Million)
  20. North America Chondrus Market By Region, From 2016-2021 (USD Million)
  21. North America Iridaea Market By Region, From 2016-2021 (USD Million)
  22. North America Eucheuma Market By Region, From 2016-2021 (USD Million)
  23. United States Carrageenan Market By Type, From 2016-2021 (USD Million)
  24. United States Carrageenan Market By Application, From 2016-2021 (USD Million)
  25. United States Carrageenan Market By Food Industry, From 2016-2021 (USD Million)
  26. United States Carrageenan Market By Grade, From 2016-2021 (USD Million)
  27. United States Carrageenan Market By Seaweed Source, From 2016-2021 (USD Million)
  28. Canada Carrageenan Market By Type, From 2016-2021 (USD Million)
  29. Canada Carrageenan Market By Application, From 2016-2021 (USD Million)
  30. Canada Carrageenan Market By Food Industry, From 2016-2021 (USD Million)
  31. Canada Carrageenan Market By Grade, From 2016-2021 (USD Million)
  32. Canada Carrageenan Market By Seaweed Source, From 2016-2021 (USD Million)
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