China Alginate Market Size & Outlook, 2023-2030
China alginate market, 2017-2030 (US$M)
Related Markets
China alginate market highlights
- The China alginate market generated a revenue of USD 133.5 million in 2023 and is expected to reach USD 205.7 million by 2030.
- The China market is expected to grow at a CAGR of 6.4% from 2024 to 2030.
- In terms of segment, high g was the largest revenue generating type in 2023.
- High G is the most lucrative type segment registering the fastest growth during the forecast period.
Alginate market data book summary
| Market revenue in 2023 | USD 133.5 million |
| Market revenue in 2030 | USD 205.7 million |
| Growth rate | 6.4% (CAGR from 2023 to 2030) |
| Largest segment | High g |
| Fastest growing segment | High G |
| Historical data | 2017 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | High M, High G |
| Key market players worldwide | DuPont de Nemours Inc, Algaia, Marine Biopolymers, Ingredients Solutions, Kimica Group, Ceamsa, Algea, Shandong Jiejing Group Corporation |
Other key industry trends
- In terms of revenue, China accounted for 16.0% of the global alginate market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China alginate market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 42.8 million by 2030.
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Alginate Market Scope
Alginate Market Companies
| Name | Profile | # Employees | HQ | Website |
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China alginate market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to alginate market will help companies and investors design strategic landscapes.
High g was the largest segment with a revenue share of 50.71% in 2023. Horizon Databook has segmented the China alginate market based on high m, high g covering the revenue growth of each sub-segment from 2017 to 2030.
The market in China is expected to exhibit high growth on account of the rapid development of application industries. The market exhibits high production volumes of pharmaceutical and textile products thereby accounting for high consumption of alginates.
The value of products produced and exported is expected to rise over the forecast period resulting in a heightened demand for alginates. The China region is characterized by the presence of a large number of market players realizing high production volumes of alginates, which are exported to the global markets.
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Target buyers of China alginate market databook
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Our clientele includes a mix of alginate market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the China alginate market , including forecasts for subscribers. This country databook contains high-level insights into China alginate market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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China alginate market size, by type, 2017-2030 (US$M)
China Alginate Market Outlook Share, 2023 & 2030 (US$M)
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