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Pulished Date April, 2021
ID: 2339
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Latin America Alginates Market by Type (Sodium Alginate, Calcium Alginate, Potassium Alginate, PGA, Others) by Application (Food & Beverage, Industrial, Pharmaceuticals, Others), and By Country (Brazil, Mexico, Argentina, Chile and Rest of Latin America) – Size, Share, Trends, Growth, Forecast (2021-2026)

Pulished: April, 2021
ID: 2339
Pages: 145

Latin America Alginates Market Growth and Forecast (2021-2026):

Latin America Alginates Market was worth $18.22 million in 2021 and estimated to be growing at a CAGR of 3.67%, to reach $21.81 million by 2026.

Market Overview:

The market continues to gain a steady momentum owing to the demand for improving food textures. Additionally, uses of alginate such as in textile printing, immobilizing biocatalysts, pharmaceutical products, welding rods coatings, releasing agents, paper manufacturing and binders for fish feeds is likely to fuel the growth of alginate market over the forecast period. Also, increase in consumption of processed convenience food products is expected to push growth of Latin America alginate market over the forecast period.

The industrial textile has been the dominating sector for the demand of alginate over the last few years. Alginates are generally used as thickeners for the paste containing dye, in the industrial textile sector. In food and beverage industry, mostly the use of alginates comes in sauces and ice-creams, acting in the form of a thickening and stabilizing agent. Also, it is used as a separating agent in water oil emulsions and as a softening agent for bakery applications. Applications wise, food and beverage industry is expected to witness substantial growth in the alginate market.

Drivers:

Some Latin America Alginates Market drivers which are inducing the demand of alginate is coming from the food and beverage manufacturers for its thickening, gelling, stabilizing and emulsifying properties. Reason behind its rising demand in F&B industry is pertaining to its natural source: seaweeds, which is generally considered to be the safest food additive in food industry and also certified by FAO and WHO. Additionally, there is also an increased demand from textile industry primarily for its use in designing, printing, and dyeing on cotton and jute fabrics.

Latin America Alginates Market Segmentation Analysis:

The Latin America Alginates Market is categorized by Type (Potassium Alginate, PGA, Sodium Alginate, Calcium Alginate, Others) and by Application (Industrial, Pharmaceuticals, Food & Beverage, Others). Sodium alginate has many applications in food and textile printing industry and due to which it is expected that it will fuel the market growth of alginate over the given period. Moreover, the demand of alginate in Latin America market is primarily accounted from paper, textile and food and beverage industry. In food and beverage industry, demand of alginate is increasing as it has high demand in preparing products such as jellies, salads, ice cream, alcoholic drinks, lactic drinks etc.

Region Analysis:

Geographically the Latin America Alginates Market is segmented into Brazil, Mexico, Argentina, Chile and Rest of Latin America. As per the alginate production, major producing regions is Mexico and contributes majority of market share in Latin America market. In terms of value, it is expected that Mexico and Brazil account for major share in terms of value and also as lucrative markets in near future.

Key Players in the Market:

Major Key Players in the Latin America Alginates Market are

  • Cargill Inc
  • Dohler Group
  • Ashland Inc
  • Brenntag AG
  • FMC Corporation
  • Dastech International Inc
  • Kimica Corporation
  • Dow Chemical Company
  • E.I. DuPont De Nemours and Company
  • Penford Corporation

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 Epidemology                              

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 Type                              

                                5.1.1 Introduction           

                                5.1.2 Sodium Alginate   

                                5.1.3 Calcium Alginate   

                                5.1.4 Potassium Alginate              

                                5.1.5 PGA           

                                5.1.6 Others      

                                5.1.7  Y-o-Y Growth Analysis, By Type    

                                5.1.8  Market Attractiveness Analysis, By Type  

                                5.1.9  Market Share Analysis, By Type    

                5.2 Application                 

                                5.2.1 Introduction           

                                5.2.2 Food & Beverage 

                                5.2.3 Industrial 

                                5.2.4 Pharmaceuticals   

                                5.2.5 Others      

                                5.2.6 Y-o-Y Growth Analysis, By Application         

                                5.2.7 Market Attractiveness Analysis, By Application  

                                5.2.8 Market Share Analysis, By Application        

6. Geographical Analysis                                              

                6.1 Introduction                               

                                6.1.1 Regional Trends    

                                6.1.2 Impact Analysis     

                                6.1.3 Y-o-Y Growth Analysis        

                                                6.1.3.1 By Geographical Area

                                                6.1.3.2 By Type

                                                6.1.3.4 By Application

                                6.1.4  Market Attractiveness Analysis     

                                                6.1.4.1 By Geographical Area

                                                6.1.4.2 By Type

                                                6.1.4.4 By Application

                                6.1.5  Market Share Analysis      

                                                6.1.5.1 By Geographical Area

                                                6.1.5.3 By Type

                                                6.1.5.4 By Application

                6.2 Brazil                             

                6.3 Mexico                         

                6.4 Rest of Latin America                             

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 Ashland Inc.                               

                                8.1.1 Overview 

                                8.1.2 Product Analysis   

                                8.1.3 Financial analysis  

                                8.1.4 Recent Developments       

                                8.1.5 SWOT analysis       

                                8.1.6 Analyst View          

                8.2 Brenntag AG                              

                8.3 Cargill Inc.                    

                8.4 Dohler Group                            

                8.5 FMC Corporation                     

                8.6 Dastech International Inc.                    

                8.7 E.I. DuPont De Nemours and Company                          

                8.8 Kimica Corporation                  

                8.9 Dow Chemical Company                       

                8.10 Penford Corporation                            

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.Market Outlook and Investment Opportunities      

Appendix                                           

                a) List of Tables                

                b) List of Figures                              

 

  • Global, 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
  • The Segment-level analysis in terms of By Type, Application and 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

 

 

  1. Latin America Alginates Market By Type, From 2021-2026 ( USD Million )
  2. Latin America Sodium Alginate Market By Region, From 2021-2026 ( USD Million )
  3. Latin America Calcium Alginate Market By Region, From 2021-2026 ( USD Million )
  4. Latin America Potassium Alginate Market By Region, From 2021-2026 ( USD Million )
  5. Latin America PGA Market By Region, From 2021-2026 ( USD Million )
  6. Latin America Others Market By Region, From 2021-2026 ( USD Million )
  7. Latin America Alginates Market By Application, From 2021-2026 ( USD Million )
  8. Latin America Food & Beverage Market By Region, From 2021-2026 ( USD Million )
  9. Latin America Industrial Market By Region, From 2021-2026 ( USD Million )
  10. Latin America Pharmaceuticals Market By Region, From 2021-2026 ( USD Million )
  11. Latin America Others Market By Region, From 2021-2026 ( USD Million )
  12. Brazil Alginates Market By Type, From 2021-2026 ( USD Million )
  13. Brazil Alginates Market By Application, From 2021-2026 ( USD Million )
  14. Argentina Alginates Market By Type, From 2021-2026 ( USD Million )
  15. Argentina Alginates Market By Application, From 2021-2026 ( USD Million )
  16. Mexico Alginates Market By Type, From 2021-2026 ( USD Million )
  17. Mexico Alginates Market By Application, From 2021-2026 ( USD Million )
  18. Rest of Latin America Alginates Market By Type, From 2021-2026 ( USD Million )
  19. Rest of Latin America Alginates Market By Application, From 2021-2026 ( USD Million )

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