France Alginate Market Size & Outlook, 2023-2030
France alginate market, 2017-2030 (US$M)
Related Markets
France alginate market highlights
- The France alginate market generated a revenue of USD 16.7 million in 2023 and is expected to reach USD 21.8 million by 2030.
- The France market is expected to grow at a CAGR of 3.9% 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 16.7 million |
| Market revenue in 2030 | USD 21.8 million |
| Growth rate | 3.9% (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, France accounted for 2.0% 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 Europe, Germany alginate market is projected to lead the regional market in terms of revenue in 2030.
- Spain is the fastest growing regional market in Europe and is projected to reach USD 25.6 million by 2030.
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Alginate Market Scope
Alginate Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
France 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 58.08% in 2023. Horizon Databook has segmented the France alginate market based on high m, high g covering the revenue growth of each sub-segment from 2017 to 2030.
The demand for alginates in France is estimated to be driven by their use in baked goods, low-fat spreads, and fruit fillings over the forecast period. The major functions of alginates in these applications include gelling and thickening. The country benefits from the presence of major manufacturers such as Algaia and Danisco (to be divested shortly).
The extensive production of alginates in Lannilis results in the abundant availability of the product in the country. A major share of the alginates manufactured in the economy is distributed across Europe for food & beverage, pharmaceutical, and industrial applications.
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Horizon Databook provides a detailed overview of country-level data and insights on the France alginate market , including forecasts for subscribers. This country databook contains high-level insights into France alginate market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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France alginate market size, by type, 2017-2030 (US$M)
France Alginate Market Outlook Share, 2023 & 2030 (US$M)
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