Alginates & Derivatives Market Projected to Reach $409.2 Million by 2019 New Report By MarketsandMarkets
(PRWEB) March 11, 2015 -- The report Alginates & Derivatives Market - Global Trends & Forecast to 2019 defines and segments the alginates & derivatives market with analyses and projections of the market size in terms of value. The market for alginates & derivatives is projected to reach a value of $409.2 million by 2019 growing at a CAGR of 3.8% from 2014 to 2019. The market has been segmented on the basis of types and applications. The report also identifies the driving and restraining factors of the global market with an analysis of trends, opportunities, winning imperatives, and challenges. The market is segmented and the market size is forecasted on the basis of key regions such as North America, Europe, Asia-Pacific, and Rest of the World (ROW). The key countries are covered and the market size and trends are projected for each region.
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Browse 88 market data tables and 63 figures spread through 158 pages and in-depth TOC on Alginates & Derivatives Market - Global Trends & Forecast to 2019.
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This research report includes the market for alginates used in food, pharmaceutical, industrial, and other applications. Trends such as increasing demand for natural ingredients, clean-label products, and products that boost health and wellness are driving the global alginates & derivatives market. The prevalence of inferior grade alginates extracted from different species of brown algae is one of the major challenges alginate suppliers face.The European region is one of the leading global producers and consumers of alginates. The alginates & derivatives market in this region is projected to grow at the highest CAGR of 4.0% from 2014 to 2019.
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The global alginates & derivatives market is dominated by North America and Europe. Developing countries are emerging as leading exporters of alginates to the North American and European regions. The growing demand for convenience foods, dairy and processed meat products in the Asia-Pacific region drives the alginates & derivatives market.
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