South Africa Carrageenan Market Size & Outlook, 2022-2030
South Africa carrageenan market, 2018-2030 (US$M)
Related Markets
South Africa carrageenan market highlights
- The South Africa carrageenan market generated a revenue of USD 8.1 million in 2022 and is expected to reach USD 13.3 million by 2030.
- The South Africa market is expected to grow at a CAGR of 6.3% from 2023 to 2030.
- In terms of segment, semi-refined was the largest revenue generating processing technology in 2022.
- Gel Press is the most lucrative processing technology segment registering the fastest growth during the forecast period.
Carrageenan market data book summary
| Market revenue in 2022 | USD 8.1 million |
| Market revenue in 2030 | USD 13.3 million |
| Growth rate | 6.3% (CAGR from 2022 to 2030) |
| Largest segment | Semi-refined |
| Fastest growing segment | Gel Press |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Alcohol Precipitation, Gel Press, Semi-Refined |
| Key market players worldwide | DuPont de Nemours Inc, Ingredion Inc, Ashland Inc, CP Kelco, Cargill, 374Water Inc, Accell, Bluglass Ltd, MGP Ingredients Inc, Anglo-Eastern Plantations PLC, Trailbreaker Resources Ltd, Tate & Lyle PLC |
Other key industry trends
- In terms of revenue, South Africa accounted for 0.9% of the global carrageenan market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Saudi Arabia carrageenan market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 13.3 million by 2030.
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Carrageenan Market Scope
Carrageenan Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Africa carrageenan 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 carrageenan market will help companies and investors design strategic landscapes.
Semi-refined was the largest segment with a revenue share of 55.56% in 2022. Horizon Databook has segmented the South Africa carrageenan market based on alcohol precipitation, gel press, semi-refined covering the revenue growth of each sub-segment from 2018 to 2030.
- South Africa Carrageenan Processing Technology Outlook (Revenue, USD MIllion, 2018-2030)
- Alcohol Precipitation
- Gel Press
- Semi-Refined
- South Africa Carrageenan Function Outlook (Revenue, USD MIllion, 2018-2030)
- Thickening Agent
- Gelling Agent
- Stabilizer
- Others
- South Africa Carrageenan Product Outlook (Revenue, USD MIllion, 2018-2030)
- Kappa
- Iota
- Lambda
- South Africa Carrageenan Application Outlook (Revenue, USD MIllion, 2018-2030)
- Food & Bevaerage
- Bakery
- Confectionery
- Meat Products
- Dairy Products
- Sauces & Dressings
- Beverages
- Others
- Pharmaceutical
- Personal Care & Cosmetics
- Others
- Food & Bevaerage
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Target buyers of South Africa carrageenan market databook
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Our clientele includes a mix of carrageenan 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 South Africa carrageenan market , including forecasts for subscribers. This country databook contains high-level insights into South Africa carrageenan market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa carrageenan market size, by processing technology, 2018-2030 (US$M)
South Africa Carrageenan Market Outlook Share, 2022 & 2030 (US$M)
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