Sodium Alginate is the sodium salt form of alginic acid and gum majorly extracted from the cell walls of brown algae, with chelating activity. It is utilized as a stabilizer for ice cream, yogurt, cream, and cheese. It functions as a thickener and emulsifier for salad, pudding, jam, tomato juice, and canned products. In addition, Sodium alginate, which is mined from seaweed, was revealed as an innovative ingredient that can be utilized in countless applications, and this opened a new window of opportunities for the producers of plant-based excipients.
According to the report analysis, ‘Global Sodium Alginate Market, 2021-2027’ states that Algaia S.A. (Cargill’s Alginate Business), Dupont Corporation (NovaMatrix), Haiyang Xiangyu Seaweed Co., Ltd., IRO Alginate Industry Co., Ltd., KIMICA Corporation, Lianyungang Fengtai Seaweed Co., Ltd., Lianyungang Huanyu Seaweed Co., Ltd., Lianyungang Tiantian Seaweed Industrial Co. Ltd., Meron Group, Qingdao Allforlong Biotech Co., Ltd., Qingdao Bright Moon Seaweed Group Co., Ltd., Qingdao Fengrun Seaweed Co., Ltd., Qingdao Gather Great Ocean Algae Industry Group Co., Ltd., Qingdao Gfuri Seaweed Industrial Co., Ltd., Qingdao Hanfeng Biotechnology Co., Ltd., Qingdao Jiulong Seaweed Industry Co., Ltd., Qingdao Lanneret Biochemical Co., Ltd., Qingdao Richstar Seaweed Industrial Co. Ltd., Qingdao Rongde Seaweed Co., Ltd., Qingdao Yitex Chemical Co. Ltd. and countless more are the foremost entities which currently operating in the global sodium alginate market more effectively for generating the high percentage of revenue, leading the highest market growth, ruling around the globe, obtaining the competitive edge, keep maintaining the governing position and registering the great value of market share by spreading the awareness connected to the benefits and features of such, delivering the better consumer satisfaction, decreasing the linked prices of such, increasing the applications and advantages of sodium alginate, implementing the policies and strategies of enlargement and profit making, improving the qualitative and quantitative measures of such, and establishing the several research and development programs.
Based on the product, the ‘Global Sodium Alginate Market’ is segmented into food grade sodium alginate, pharmaceutical grade sodium alginate, technical grade sodium alginate and feed grade sodium alginate. Based on the applications, the global sodium alginate market is classified into food additives, pharmaceutical & healthcare, paper & pulp, personal care & cosmetics, textile, animal feed and industrial. Whereas, the requirement for sodium alginate as the thickener and emulsifier in food and pharmaceutical industries register for maximum value of the revenue share of the worldwide market.
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In addition, with the increasing awareness about the negative impressions of the sodium on human health, sodium alginate in being substituted by the harmless substitutes in the food and pharmaceutical applications.
Producers are turning to new end-use industries such as cosmetics and textiles to enlarge the sales potential of sodium alginate and boost money-making sales during the coming years. Moreover, the effective growth in demand from food and beverages industry is projected to push the global sodium alginate market to augment over the forecast period. Therefore, in the near years, it is predicted that the market of sodium alginate will increase around the globe more proficiently over the near years.
For More Information, refer to below link:-
Global Sodium Alginate Market Sales, 2021-2027
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