Japan Alginate Market Size & Outlook, 2023-2030
Japan alginate market, 2017-2030 (US$M)
Related Markets
Japan alginate market highlights
- The Japan alginate market generated a revenue of USD 33.6 million in 2023 and is expected to reach USD 50.0 million by 2030.
- The Japan market is expected to grow at a CAGR of 5.8% from 2024 to 2030.
- In terms of segment, high m 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 33.6 million |
| Market revenue in 2030 | USD 50.0 million |
| Growth rate | 5.8% (CAGR from 2023 to 2030) |
| Largest segment | High m |
| 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, Japan accounted for 4.0% 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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Japan 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 m was the largest segment with a revenue share of 52.08% in 2023. Horizon Databook has segmented the Japan alginate market based on high m, high g covering the revenue growth of each sub-segment from 2017 to 2030.
Domestic players that manufacture products in accordance with the tastes of the local population dominate the Japanese food industry. However, the growing acceptance of high-quality global cuisines is likely to provide lucrative growth opportunities for the alginate market.
Growing aging population is also projected to further propel the demand for healthy products such as yogurt leading to a heightened demand for alginate. The demand for alginates as thickening and stabilizing agent in the bakery and beverages industry is expected to drive the market growth over the forecast period.
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Horizon Databook provides a detailed overview of country-level data and insights on the Japan alginate market , including forecasts for subscribers. This country databook contains high-level insights into Japan alginate market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Japan alginate market size, by type, 2017-2030 (US$M)
Japan Alginate Market Outlook Share, 2023 & 2030 (US$M)
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