Carrageenan Gum Market Set for Significant Growth: Projected to Increase to USD 1,355.7 Million by 2032

Carrageenan Gum Market The global Carrageenan Gum market is anticipated to experience robust growth over the next decade. From an estimated market value of US$ 915.9 Million in 2022, projections indicate a substantial rise to US$ 1,355.7 Million by 2032, driven by a steady CAGR of 4.0% during the forecast period. This promising growth trajectory presents a …

Carrageenan Gum Market: Trends Together With Growth Forecast To 2031

As per a reseaech analysis by ESOMAR-certified consulting firm Future Market Insights (FMI), the global carrageenan gum market is expected to reach US$ 881.6 Mn in 2021. Increasing demand from end-use industries such as cosmetics, pharmaceuticals, and food & beverage will facilitate growth, with the market expanding at 4.30% CAGR through 2031. Sales of carrageenan gum decline in 2020 due …