| Product Code: ETC311490 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Vietnam Alginates Market is poised for steady growth rate improvements from 2025 to 2029. Commencing at 14.33% in 2025, growth builds up to 18.65% by 2029.

Vietnam's Alginates market is anticipated to experience a exponential growth rate of 15.33% by 2027, reflecting trends observed in the largest economy China, followed by India, Japan, Australia and South Korea.

The Vietnam alginates market focuses on the production and utilization of alginates, which are derived from brown seaweeds. Alginate products find applications in industries such as food and beverage, pharmaceuticals, and textiles. In the food industry, alginates are commonly used as thickeners, stabilizers, and gelling agents. The market has experienced growth due to the increasing demand for natural and sustainable food additives. As consumers seek healthier and clean-label products, the use of alginates in food processing is likely to increase. Additionally, pharmaceutical and textile industries contribute to the overall expansion of the alginates market in Vietnam.
In the context of the Vietnam alginates market, the growth is primarily driven by the food and beverage industry. Alginates, derived from seaweed, are widely used as thickening and gelling agents in food products such as ice creams, sauces, and processed foods. As consumer preferences for natural and plant-based ingredients continue to rise, the demand for alginates has surged. Additionally, the pharmaceutical and cosmetics industries also utilize alginates in various formulations for their gelling and emulsifying properties. The versatility of alginates in different sectors has further fueled their demand in Vietnam.
The Vietnam alginates market, which primarily serves industries like food, pharmaceuticals, and cosmetics, faces challenges related to sourcing sustainable seaweed and maintaining consistent quality. The availability and quality of raw materials, specifically seaweed, can fluctuate due to environmental factors like climate change and pollution. This can lead to supply chain disruptions and affect the reliability of alginate production, necessitating efforts to secure a stable source of raw materials.
The Vietnam alginates market, primarily used in the food and pharmaceutical industries, experienced a mixed impact from COVID-19. While there was increased demand for alginate-based products like antacids and antiviral medications, disruptions in the food supply chain and changes in consumer dining habits affected other segments. The industry had to adapt to these shifting market dynamics while maintaining product quality and safety standards.
The Vietnam alginates market includes key players such as CP Kelco Vietnam Co., Ltd., KIMICA Vietnam Co., Ltd., and FMC Corporation Vietnam. These companies are known for their production of alginates used in food, pharmaceuticals, and industrial applications.
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 Vietnam Alginates Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam Alginates Market Revenues & Volume, 2021 & 2031F |
3.3 Vietnam Alginates Market - Industry Life Cycle |
3.4 Vietnam Alginates Market - Porter's Five Forces |
3.5 Vietnam Alginates Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Vietnam Alginates Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Vietnam Alginates Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for alginates in the food industry for various applications such as stabilizers, thickeners, and emulsifiers. |
4.2.2 Growing awareness about the health benefits of alginates, leading to higher adoption in pharmaceutical and nutraceutical industries. |
4.2.3 Rising use of alginates in the textile industry for applications like printing and dyeing due to their eco-friendly properties. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in alginate production, impacting the overall production costs. |
4.3.2 Stringent regulations and quality standards in the food and pharmaceutical industries affecting the market growth. |
5 Vietnam Alginates Market Trends |
6 Vietnam Alginates Market, By Types |
6.1 Vietnam Alginates Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Alginates Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Vietnam Alginates Market Revenues & Volume, By Sodium Alginate, 2021-2031F |
6.1.4 Vietnam Alginates Market Revenues & Volume, By Calcium Alginate, 2021-2031F |
6.1.5 Vietnam Alginates Market Revenues & Volume, By Potassium Alginate, 2021-2031F |
6.1.6 Vietnam Alginates Market Revenues & Volume, By PGA, 2021-2031F |
6.1.7 Vietnam Alginates Market Revenues & Volume, By Others, 2021-2031F |
6.1.8 Vietnam Alginates Market Revenues & Volume, By , 2021-2031F |
6.2 Vietnam Alginates Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Alginates Market Revenues & Volume, By Food & Beverage, 2021-2031F |
6.2.3 Vietnam Alginates Market Revenues & Volume, By Industrial, 2021-2031F |
6.2.4 Vietnam Alginates Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.2.5 Vietnam Alginates Market Revenues & Volume, By Others, 2021-2031F |
7 Vietnam Alginates Market Import-Export Trade Statistics |
7.1 Vietnam Alginates Market Export to Major Countries |
7.2 Vietnam Alginates Market Imports from Major Countries |
8 Vietnam Alginates Market Key Performance Indicators |
8.1 Research and development investments in innovative alginate-based products. |
8.2 Adoption rate of alginate-based solutions in new industries or applications. |
8.3 Sustainability initiatives and certifications related to alginate production processes. |
9 Vietnam Alginates Market - Opportunity Assessment |
9.1 Vietnam Alginates Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Vietnam Alginates Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Vietnam Alginates Market - Competitive Landscape |
10.1 Vietnam Alginates Market Revenue Share, By Companies, 2024 |
10.2 Vietnam Alginates Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |