Middle East and Africa Alginates Market Value, Share and Growth to 2021

The Middle East and Africa Alginates Market was worth $10.14 million in 2016 and estimated to be growing at a CAGR of 2.11%, to reach $11.26 million by 2021.

Browse Middle East and Africa Alginates Market Research Report Details @ http://www.marketdataforecast.com/market-reports/middle-east-and-africa-alginates-market-2435/

The market continues to gain a steady momentum owing to the demand for improving food textures. Additionally, uses of alginate such as in textile printing, immobilizing biocatalysts, pharmaceutical products, welding rods coatings, releasing agents, paper manufacturing and binders for fish feeds is likely to fuel growth of alginate market over the forecast period. Also, increase in consumption of processed convenience food products is expected to push growth of Middle East and Africa alginate market over the forecast period.

The industrial textile sector is governing the demand for alginate over the years. In the industrial textile sector, alginates are generally used as thickeners for dye. In food and beverage industry, alginate is mostly used in sauces and ice-creams, acting in the form of a stabilizing and thickening agent. Also, it is being used as a separating agent in oil water emulsions and as a softening agent for bakery items. In terms of application, food and beverage industry is witnessing substantial growth in the alginate market.

Some market drivers which are inducing the demand of alginate is coming from the food and beverage manufacturers for its thickening, gelling, stabilizing and emulsifying properties. Reason behind its rising demand in F&B industry is pertaining to its natural source: seaweeds, which is generally considered to be the safest food additive in food industry and also certified by FAO and WHO. Additionally, there is also an increased demand from textile industry primarily for its use in designing, printing, and dyeing on cotton and jute fabrics.

Avail Free Sample Market Brochure of the report for more information @ http://www.marketdataforecast.com/market-reports/middle-east-and-africa-alginates-market-2435/request-sample

The Middle East and Africa market for Alginates is categorized on the basis of Type (PGA, Sodium Alginate, Calcium Alginate, Potassium Alginate, Others) and by Application (Food & Beverage, Industrial, Pharmaceuticals, Others). Sodium alginate has many applications in food and textile printing industry and due to which it is expected that it will fuel the market growth of alginate over the given period. Moreover, the demand of alginate in Middle East and Africa market is primarily accounted from paper, textile and food and beverage industry. In food and beverage industry, demand of alginate is increasing as it has high demand in preparing products such as alcoholic drinks, jellies, salads, ice cream, lactic drinks etc. Geographically, the market is analysed under various regions namely Saudi Arabia, Africa, Chile etc. As per the alginate production, major producing regions is Saudi Arabia and contributes majority of market share in Middle East and Africa market. In terms of value, it is expected that Saudi Arabia and Africa account for major share in terms of value and also as lucrative markets in near future.

Some of the major companies dominating the market, by their products and services include Brenntag AG, FMC Corporation, Dastech International Inc., Kimica Corporation, Cargill Inc., Dohler Group, Ashland Inc., Dow Chemical Company, E.I. DuPont De Nemours and Company and Penford Corporation.

Enquire more about the report @ http://www.marketdataforecast.com/market-reports/middle-east-and-africa-alginates-market-2435/inquire

About MarketDataForecast:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, we cater to the needs of both individual and corporate clients. Our analyst team comprises expert professionals in market research, who with their collective knowledge and skillset dedicatedly serve clients from various industries and regions.

Media Contact:
Abhishek Shukla
International Business Development Manager
Market Data Forecast
Direct Line: +1-888-702-9626; Mobile: +91 998 555 0206
Mail: abhishek@marketdataforecast.com
Visit MarketDataForecast Blog @ http://www.marketdataforecast.com/blog/

Leave a Reply

%d bloggers like this: