| Product Code: ETC311484 | Publication Date: Aug 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
India`s alginates import market in 2024 continued to be dominated by key exporting countries such as China, Norway, Japan, Metropolitan France, and Chile. The market witnessed a high Herfindahl-Hirschman Index (HHI) indicating significant concentration among suppliers. Despite a strong compound annual growth rate (CAGR) of 8.22% from 2020 to 2024, the growth rate dipped by -14.39% from 2023 to 2024. This trend suggests a potential shift in market dynamics that importers and stakeholders should closely monitor for strategic decision-making.

The India alginate market size was valued at USD 24 million in 2025 and is projected to expand at a compound annual growth rate (CAGR) of 5.6% from 2025 - 2025 on account of its increasing usage as thickening agent across various applications such as food & beverages industry , pharmaceuticals sector , nutraceuticals industry etc.Alginate finds broad usage across many end user industries due its characteristics such as excellent gelling properties , water binding capacity which helps them prevents microbial spoilage.
The India alginates market is expected to witness substantial growth in the forecast period. Alginates are widely used in the food and beverage industry as thickening and stabilizing agents. The increasing demand for convenience foods and processed foods is driving the adoption of alginates in the food sector. Additionally, alginates find applications in pharmaceuticals, textile printing, and paper manufacturing, contributing to market expansion. The growing trend of natural and plant-based ingredients in various industries is also expected to boost the demand for alginates derived from seaweed sources. However, challenges such as fluctuating seaweed prices and the availability of alternative thickeners may impact the market`s growth.
The India alginates market is witnessing significant growth as alginates are widely used in the food and beverage industry as stabilizers and thickeners. This market`s outlook is driven by factors such as the increasing demand for natural and plant-based ingredients in food formulations, the growth of the pharmaceutical and healthcare sector, and the adoption of alginates for their gelling and binding properties. Additionally, the development of modified and specialty alginates and the rising focus on clean-label and organic food products are further contributing to market growth. Despite these positive trends, the market faces challenges such as the limited availability of seaweed sources for alginate extraction and the need to ensure sustainable sourcing practices.
The India alginates market is witnessing significant growth as the food and pharmaceutical industries utilize these natural polysaccharides. This market`s outlook is driven by factors such as the increasing demand for alginates in food stabilizers, gelling agents, and wound dressings, the growth of the healthcare and medical sectors, and the adoption of natural and biodegradable ingredients. Additionally, the development of alginate-based drug delivery systems and the rising focus on functional food and nutraceutical applications are further contributing to market growth. The market faced some impact during the COVID-19 pandemic due to disruptions in manufacturing and supply chain challenges. However, it is expected to recover with the resumption of industrial activities and the growing demand for alginate-based products.
The India alginates market has several key players that play a crucial role in shaping the industry`s landscape. Some of the prominent companies in this market include Ashland Inc., Marine Hydrocolloids, Penford India Pvt. Ltd., Qingdao Rongde Seaweed Co., Ltd., and Qingdao Lanneret Biochemical Co., Ltd. These companies are engaged in the production and supply of alginates, which are widely used in the food and beverage, pharmaceutical, and textile industries. The key players focus on product innovation, quality control, and sustainable sourcing of raw materials to meet the growing demand for alginates and maintain their market position.
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 Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Alginates Market Revenues & Volume, 2021 & 2031F |
3.3 India Alginates Market - Industry Life Cycle |
3.4 India Alginates Market - Porter's Five Forces |
3.5 India Alginates Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Alginates Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Alginates Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for natural ingredients in various industries such as food and pharmaceuticals |
4.2.2 Growing awareness about the health benefits of alginates |
4.2.3 Rising adoption of alginates in food and beverage products for their functional properties |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in the production of alginates |
4.3.2 Stringent regulations and quality standards governing the use of alginates in different applications |
4.3.3 Limited availability of high-quality alginates due to dependency on seaweed cultivation |
5 India Alginates Market Trends |
6 India Alginates Market, By Types |
6.1 India Alginates Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Alginates Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 India Alginates Market Revenues & Volume, By Sodium Alginate, 2021-2031F |
6.1.4 India Alginates Market Revenues & Volume, By Calcium Alginate, 2021-2031F |
6.1.5 India Alginates Market Revenues & Volume, By Potassium Alginate, 2021-2031F |
6.1.6 India Alginates Market Revenues & Volume, By PGA, 2021-2031F |
6.1.7 India Alginates Market Revenues & Volume, By Others, 2021-2031F |
6.1.8 India Alginates Market Revenues & Volume, By , 2021-2031F |
6.2 India Alginates Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Alginates Market Revenues & Volume, By Food & Beverage, 2021-2031F |
6.2.3 India Alginates Market Revenues & Volume, By Industrial, 2021-2031F |
6.2.4 India Alginates Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.2.5 India Alginates Market Revenues & Volume, By Others, 2021-2031F |
7 India Alginates Market Import-Export Trade Statistics |
7.1 India Alginates Market Export to Major Countries |
7.2 India Alginates Market Imports from Major Countries |
8 India Alginates Market Key Performance Indicators |
8.1 Research and development investment in new alginate applications |
8.2 Number of new product launches containing alginates |
8.3 Adoption rate of alginate-based products in different industries |
9 India Alginates Market - Opportunity Assessment |
9.1 India Alginates Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Alginates Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Alginates Market - Competitive Landscape |
10.1 India Alginates Market Revenue Share, By Companies, 2024 |
10.2 India Alginates Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |