Italy Alginate Market Size & Outlook, 2023-2030
Italy alginate market, 2017-2030 (US$M)
Related Markets
Italy alginate market highlights
- The Italy alginate market generated a revenue of USD 22.8 million in 2023 and is expected to reach USD 29.5 million by 2030.
- The Italy market is expected to grow at a CAGR of 3.7% 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 22.8 million |
| Market revenue in 2030 | USD 29.5 million |
| Growth rate | 3.7% (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, Italy accounted for 2.7% 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 |
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Italy 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 58.77% in 2023. Horizon Databook has segmented the Italy alginate market based on high m, high g covering the revenue growth of each sub-segment from 2017 to 2030.
Pharmaceutical industry in Italy is considered as one of the most profitable sectors and has been one of the fastest growing healthcare market. As a result, positive pharmaceutical industry outlook in Italy is likely to boost alginate market growth over the next eight years.
Extensive investments in the pharmaceutical & medical sector and the demand for advanced healthcare products in the country are anticipated to have a positive impact on the market over the forecast period.
Furthermore, the increasing consumer awareness about health coupled with the presence of numerous pharmaceutical companies in the economy are likely to create new avenues for the market to grow over the next eight years.
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Horizon Databook provides a detailed overview of country-level data and insights on the Italy alginate market , including forecasts for subscribers. This country databook contains high-level insights into Italy alginate market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Italy alginate market size, by type, 2017-2030 (US$M)
Italy Alginate Market Outlook Share, 2023 & 2030 (US$M)
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