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Carrageenan is a common food additive that is extracted from red seaweeds and has a certain set of rheological properties that differentiate it from other hydrocolloids. Carrageenan is extensively used as a natural ingredient for thickening, emulsifying, and preserving foods and drinks. Moreover, carrageenan also has broad applications in both dairy and meat products due to its textural functionality.

Extensive adoption of carrageenan in an exhaustive range of applications increases its demand in the burgeoning food and beverage industry, worldwide, which is a key driving force behind the market growth. Moreover, the changing lifestyle and consumer preferences towards the packaged and ready to eat foods and frozen foods, define the market landscape, escalating it to the ascended heights on the global platform. 

Carrageenan Market

Acknowledging the exponential growth, the market is garnering currently, Market Research Future (MRFR) in its recently published study report asserts that the thriving global carrageenan market will further grow exponentially by 2023, registering a significant CAGR throughout the forecast period (2018 to 2023).

Global Carrageenan Market – Segments

 For enhanced understanding, the report has been segmented into three key dynamics.

By Type : Kappa Carrageenan, Lambda Carrageenan, and Iota Carrageenan among others.

By Application : Foods, Beverages, and Pharmaceuticals among others.

By Regions  : Asia Pacific, North America, Europe, and the Rest-of-the-World.

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