| Product Code: ETC4547125 | Publication Date: Jul 2023 | Product Type: Report | |
| Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The India alginates & derivatives market import shipments demonstrated a notable CAGR from 2020 to 2024 at 8.5%. However, growth decelerated significantly between 2023 and 2024 with a decline of 13.4%. Overall, the market expanded steadily with a slight slowdown towards the end of the period.
Alginates and their derivatives have extensive applications in the food industry, particularly for their gelling and thickening properties. The India market for alginates is expanding as these ingredients find use in various food products, including dairy, desserts, and processed foods.
The India alginates derivatives market is experiencing growth as the food and pharmaceutical industries recognize the versatility of alginates in various applications. Alginates are used as gelling and thickening agents in the food industry, and their demand is driven by the growing processed food sector. Additionally, alginates find applications in pharmaceuticals as drug delivery systems. The market`s growth is influenced by the demand for plant-based and sustainable ingredients, as alginates are derived from seaweed, making them a natural and eco-friendly choice.
Challenges encompass sourcing high-quality seaweed for alginate production, ensuring consistent quality, and addressing cost fluctuations in the raw materials.
Alginates and their derivatives are commonly used in the food and beverage industry as stabilizers and thickeners. During the pandemic, this market may have experienced some disruptions in the supply chain but could have rebounded as food manufacturers adjusted to the new normal.
Key players in the India Alginates Derivatives market include Kimica Corporation, Ceamsa, FMC Corporation, and KIMICA Corporation.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Alginates & Derivatives Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Alginates & Derivatives Market Revenues & Volume, 2021 & 2031F |
3.3 India Alginates & Derivatives Market - Industry Life Cycle |
3.4 India Alginates & Derivatives Market - Porter's Five Forces |
3.5 India Alginates & Derivatives Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Alginates & Derivatives Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Alginates & Derivatives Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for natural ingredients in food and pharmaceutical industries |
4.2.2 Growing awareness about the health benefits of alginates and derivatives |
4.2.3 Expansion of applications in sectors like textile, paper, and personal care industries |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials like seaweed |
4.3.2 Stringent regulations and quality standards in the production and usage of alginates and derivatives |
4.3.3 Limited availability of high-quality seaweed for extraction |
5 India Alginates & Derivatives Market Trends |
6 India Alginates & Derivatives Market, By Types |
6.1 India Alginates & Derivatives Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Alginates & Derivatives Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 India Alginates & Derivatives Market Revenues & Volume, By Sodium Alginate, 2021-2031F |
6.1.4 India Alginates & Derivatives Market Revenues & Volume, By Calcium Alginate, 2021-2031F |
6.1.5 India Alginates & Derivatives Market Revenues & Volume, By Potassium Alginate, 2021-2031F |
6.1.6 India Alginates & Derivatives Market Revenues & Volume, By PGA, 2021-2031F |
6.1.7 India Alginates & Derivatives Market Revenues & Volume, By Others, 2021-2031F |
6.2 India Alginates & Derivatives Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Alginates & Derivatives Market Revenues & Volume, By Food & Beverage, 2021-2031F |
6.2.3 India Alginates & Derivatives Market Revenues & Volume, By Industrial, 2021-2031F |
6.2.4 India Alginates & Derivatives Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.2.5 India Alginates & Derivatives Market Revenues & Volume, By Others, 2021-2031F |
7 India Alginates & Derivatives Market Import-Export Trade Statistics |
7.1 India Alginates & Derivatives Market Export to Major Countries |
7.2 India Alginates & Derivatives Market Imports from Major Countries |
8 India Alginates & Derivatives Market Key Performance Indicators |
8.1 Research and development investment in new product development |
8.2 Percentage of market penetration in emerging industries |
8.3 Adoption rate of alginate-based products in different sectors |
8.4 Sustainability initiatives in the seaweed sourcing and production process |
9 India Alginates & Derivatives Market - Opportunity Assessment |
9.1 India Alginates & Derivatives Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Alginates & Derivatives Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Alginates & Derivatives Market - Competitive Landscape |
10.1 India Alginates & Derivatives Market Revenue Share, By Companies, 2024 |
10.2 India Alginates & Derivatives Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |