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According to the latest research, the global Propylene-Glycol Alginate market size was valued at USD 358.59 million in 2022 and is expected to expand at a CAGR of 4.81% during the forecast period, reaching USD 475.36 million by 2028.
Propylene-Glycol Alginate is a food additive for stabilization, thickening and emulsification. Propylene-Glycol Alginate is the reaction product of propylene oxide and alginic acid. Alginic acid is a natural macromolecular polysaccharide extracted from deep-sea brown algae such as kelp and macroalgae. Therefore, alginic acid is mainly derived from brown seaweed. Brown seaweed was used for food centuries ago, but it wasn't until the 20th century that alginic acid was produced on an industrial scale. At present, many countries in the United States, Japan, South Korea, Russia, and China allow the use of Propylene-Glycol Alginate as a food additive, which is widely used in various foods. For example, the United States allows Propylene-Glycol Alginate as a food additive in 21 CFR § 172.858 of 1982. China approved its use as a food additive in 1988, and in November 2017, China's National Health and Family Planning Commission announced the application of PGA to expand the scope of use in fermented flour products, bread, cakes and other fields.
Strength
Propylene-Glycol Alginate has strong acid resistance and can be used in acidic environments with pH 3-5.
Propylene-Glycol Alginate has good foaming and emulsifying ability.
Propylene-Glycol Alginate has the properties of hydration, anti-aging and tissue improvement.
Weakness
Side effects of Propylene-Glycol Alginate. Propylene-Glycol Alginate may cause side effects when it comes into direct contact with the skin.
There are many food emulsifiers and thickeners on the market including Propylene-Glycol Alginate. Propylene-Glycol Alginate faces a certain threat of substitutes.
Opportunity
As the global population continues to expand and people's disposable income increases, the demand for food and beverages continues to increase. The growing scale of food and beverage industry development will increase the demand for Propylene-Glycol Alginate.
Continuously strengthen the research on Propylene-Glycol Alginate and expand the application field of Propylene-Glycol Alginate.
Threat
Raw material prices fluctuate. If the price of raw materials rises, the company's production costs will rise, affecting the company's production and operation.
The risk of international trade friction. International trade frictions may increase tariffs, resulting in cross-border Propylene-Glycol Alginate trade being affected.
Rising labor costs increase the company's production costs.
Region Overview:
Asia Pacific had the highest growth rate of all regions.
Company Overview:
Bright moon seaweed group is one of the major players operating in the Propylene-Glycol Alginate market, holding a share of 5.25% in 2022.
Bright moon seaweed group is a high-tech enterprise that develops and produces seaweed biological products using large marine brown algae as raw materials. Adhering to the mission of "Using marine resources to benefit human health", the company is committed to becoming a global leader in seaweed + health solutions in accordance with the development concept of "Strategic Ocean Starts with a Seaweed" and guided by the new STBC strategy. Bright moon seaweed group has built a new development pattern of seaweed health industry chain ecosystem with seaweed functional raw material industry, seaweed health product industry and seaweed cultural tourism industry interconnected.
Kimica is a company in Asia that has successfully produced alginate on a commercial scale. Today, the KIMICA factories in Japan and Chile, respectively, produce a full range of alginate products, which are sold around the world.
With worldwide concerns about healthcare, food safety, environmental issues, etc., the market demand for alginate, an extract derived from natural resources, is growing rapidly. The company mainly focuses on the manufacture and Production of marine biopolymers such as alginate and chitosan.
Segmentation Overview:
Among different product types, Capsule segment is anticipated to contribute the largest market share in 2027.
Application Overview:
By application, the Stabilizer segment occupied the biggest share from 2017 to 2022.
This report elaborates on the market size, market characteristics, and market growth of the Propylene-Glycol Alginate industry between the year 2018 to 2028, and breaks down according to the product type, downstream application, and consumption area of Propylene-Glycol Alginate. The report also introduces players in the industry from the perspective of the value chain and looks into the leading companies.
Key Points this Global Propylene-Glycol Alginate Market Report Include:
Market Size Estimates: Propylene-Glycol Alginate market size estimation in terms of revenue and sales from 2018-2028
Market Dynamic and Trends: Propylene-Glycol Alginate market drivers, restraints, opportunities, and challenges
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Propylene-Glycol Alginate market
Segment Market Analysis: Propylene-Glycol Alginate market revenue and sales by type and by application from 2018-2028
Regional Market Analysis: Propylene-Glycol Alginate market situations and prospects in major and top regions and countries
Propylene-Glycol Alginate Market
Propylene-Glycol Alginate Industry Chain: Propylene-Glycol Alginate market raw materials & suppliers, manufacturing process, distributors by region, downstream customers
Propylene-Glycol Alginate Industry News, Policies by regions
Propylene-Glycol Alginate Industry Porters Five Forces Analysis
Key players in the global Propylene-Glycol Alginate market are covered in Chapter 2:
Bright moon seaweed group
Foodchem International Corporation
AEP Colloids
Kimica
Shandong Jiejing Group
Zhengzhou Yuhe Food Additives Co., Ltd.
Qingdao Allforlong Biotech
In Chapter 6 and Chapter 9, on the basis of types, the Propylene-Glycol Alginate market from 2018 to 2028 is primarily split into:
Capsule
Oral Liquid
In Chapter 7 and Chapter 10, on the basis of applications, the Propylene-Glycol Alginate market from 2018 to 2028 covers:
Thickener
Stabilizer
Emulsifier
Other
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions from 2018 to 2028 are covered in Chapter 8 and Chapter 11:
United States
Europe
China
Japan
India
Southeast Asia
Latin America
Middle East and Africa
Others
In summary, this report relies on sources from both primary and secondary, combines comprehensive quantitative analysis with detailed qualitative analysis, and pictures the market from a macro overview to micro granular segment aspects. Whatever your role in this industry value chain is, you should benefit from this report with no doubt.
Chapter Outline
This report consists of 12 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 first introduces the product overview, market scope, product classification, application, and regional division, and then summarizes the global Propylene-Glycol Alginate market size in terms of revenue, sales volume, and average price.
Chapter 2 analyzes the main companies in the Propylene-Glycol Alginate industry, including their main businesses, products/services, sales, prices, revenue, gross profit margin, and the latest developments/updates.
Chapter 3 is an analysis of the competitive environment of Propylene-Glycol Alginate market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the market concentration ratio in 2022 and the players' M&A and expansion in recent years.
Chapter 4 is an analysis of the Propylene-Glycol Alginate industrial chain, including raw material analysis, manufacturing cost structure, distributors, and major downstream buyers.
Chapter 5 focuses on Propylene-Glycol Alginate market dynamics and marketing strategy analysis, which include opportunities, challenges, industry development trends under inflation, industry news and policies analyzed by region, Porter's Five Forces analysis, as well as direct and indirect marketing, and the development trends of marketing channels.
Chapters 6-8 have segmented the Propylene-Glycol Alginate market by type, application, and region, with a focus on sales and value from 2018 to 2023 from both vertical and horizontal perspectives.
Chapters 9-11 provide detailed Propylene-Glycol Alginate market forecast data for 2023-2028, broken down by type and application, region, and major countries to help understand future growth trends.
Chapter 12 concludes with an explanation of the data sources and research methods. Verify and analyze through preliminary research to obtain final quantitative and qualitative data.
2022
Propylene-Glycol Alginate is a food additive for stabilization, thickening and emulsification. Propylene-Glycol Alginate is the reaction product of propylene oxide and alginic acid. Alginic acid is a natural macromolecular polysaccharide extracted from deep-sea brown algae such as kelp and macroalgae. Therefore, alginic acid is mainly derived from brown seaweed. Brown seaweed was used for food centuries ago, but it wasn't until the 20th century that alginic acid was produced on an industrial scale. At present, many countries in the United States, Japan, South Korea, Russia, and China allow the use of Propylene-Glycol Alginate as a food additive, which is widely used in various foods. For example, the United States allows Propylene-Glycol Alginate as a food additive in 21 CFR § 172.858 of 1982. China approved its use as a food additive in 1988, and in November 2017, China's National Health and Family Planning Commission announced the application of PGA to expand the scope of use in fermented flour products, bread, cakes and other fields.
Strength
Propylene-Glycol Alginate has strong acid resistance and can be used in acidic environments with pH 3-5.
Propylene-Glycol Alginate has good foaming and emulsifying ability.
Propylene-Glycol Alginate has the properties of hydration, anti-aging and tissue improvement.
Weakness
Side effects of Propylene-Glycol Alginate. Propylene-Glycol Alginate may cause side effects when it comes into direct contact with the skin.
There are many food emulsifiers and thickeners on the market including Propylene-Glycol Alginate. Propylene-Glycol Alginate faces a certain threat of substitutes.
Opportunity
As the global population continues to expand and people's disposable income increases, the demand for food and beverages continues to increase. The growing scale of food and beverage industry development will increase the demand for Propylene-Glycol Alginate.
Continuously strengthen the research on Propylene-Glycol Alginate and expand the application field of Propylene-Glycol Alginate.
Threat
Raw material prices fluctuate. If the price of raw materials rises, the company's production costs will rise, affecting the company's production and operation.
The risk of international trade friction. International trade frictions may increase tariffs, resulting in cross-border Propylene-Glycol Alginate trade being affected.
Rising labor costs increase the company's production costs.
Region Overview:
Asia Pacific had the highest growth rate of all regions.
Company Overview:
Bright moon seaweed group is one of the major players operating in the Propylene-Glycol Alginate market, holding a share of 5.25% in 2022.
Bright moon seaweed group is a high-tech enterprise that develops and produces seaweed biological products using large marine brown algae as raw materials. Adhering to the mission of "Using marine resources to benefit human health", the company is committed to becoming a global leader in seaweed + health solutions in accordance with the development concept of "Strategic Ocean Starts with a Seaweed" and guided by the new STBC strategy. Bright moon seaweed group has built a new development pattern of seaweed health industry chain ecosystem with seaweed functional raw material industry, seaweed health product industry and seaweed cultural tourism industry interconnected.
Kimica is a company in Asia that has successfully produced alginate on a commercial scale. Today, the KIMICA factories in Japan and Chile, respectively, produce a full range of alginate products, which are sold around the world.
With worldwide concerns about healthcare, food safety, environmental issues, etc., the market demand for alginate, an extract derived from natural resources, is growing rapidly. The company mainly focuses on the manufacture and Production of marine biopolymers such as alginate and chitosan.
Segmentation Overview:
Among different product types, Capsule segment is anticipated to contribute the largest market share in 2027.
Application Overview:
By application, the Stabilizer segment occupied the biggest share from 2017 to 2022.
This report elaborates on the market size, market characteristics, and market growth of the Propylene-Glycol Alginate industry between the year 2018 to 2028, and breaks down according to the product type, downstream application, and consumption area of Propylene-Glycol Alginate. The report also introduces players in the industry from the perspective of the value chain and looks into the leading companies.
Key Points this Global Propylene-Glycol Alginate Market Report Include:
Market Size Estimates: Propylene-Glycol Alginate market size estimation in terms of revenue and sales from 2018-2028
Market Dynamic and Trends: Propylene-Glycol Alginate market drivers, restraints, opportunities, and challenges
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Propylene-Glycol Alginate market
Segment Market Analysis: Propylene-Glycol Alginate market revenue and sales by type and by application from 2018-2028
Regional Market Analysis: Propylene-Glycol Alginate market situations and prospects in major and top regions and countries
Propylene-Glycol Alginate Market
Competitive Landscape
and Major Players: Analysis of 10-15 leading market players, sales, price, revenue, gross, gross margin, product/service profile and recent development/updates, etc.Propylene-Glycol Alginate Industry Chain: Propylene-Glycol Alginate market raw materials & suppliers, manufacturing process, distributors by region, downstream customers
Propylene-Glycol Alginate Industry News, Policies by regions
Propylene-Glycol Alginate Industry Porters Five Forces Analysis
Key players in the global Propylene-Glycol Alginate market are covered in Chapter 2:
Bright moon seaweed group
Foodchem International Corporation
AEP Colloids
Kimica
Shandong Jiejing Group
Zhengzhou Yuhe Food Additives Co., Ltd.
Qingdao Allforlong Biotech
In Chapter 6 and Chapter 9, on the basis of types, the Propylene-Glycol Alginate market from 2018 to 2028 is primarily split into:
Capsule
Oral Liquid
In Chapter 7 and Chapter 10, on the basis of applications, the Propylene-Glycol Alginate market from 2018 to 2028 covers:
Thickener
Stabilizer
Emulsifier
Other
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions from 2018 to 2028 are covered in Chapter 8 and Chapter 11:
United States
Europe
China
Japan
India
Southeast Asia
Latin America
Middle East and Africa
Others
In summary, this report relies on sources from both primary and secondary, combines comprehensive quantitative analysis with detailed qualitative analysis, and pictures the market from a macro overview to micro granular segment aspects. Whatever your role in this industry value chain is, you should benefit from this report with no doubt.
Chapter Outline
This report consists of 12 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 first introduces the product overview, market scope, product classification, application, and regional division, and then summarizes the global Propylene-Glycol Alginate market size in terms of revenue, sales volume, and average price.
Chapter 2 analyzes the main companies in the Propylene-Glycol Alginate industry, including their main businesses, products/services, sales, prices, revenue, gross profit margin, and the latest developments/updates.
Chapter 3 is an analysis of the competitive environment of Propylene-Glycol Alginate market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the market concentration ratio in 2022 and the players' M&A and expansion in recent years.
Chapter 4 is an analysis of the Propylene-Glycol Alginate industrial chain, including raw material analysis, manufacturing cost structure, distributors, and major downstream buyers.
Chapter 5 focuses on Propylene-Glycol Alginate market dynamics and marketing strategy analysis, which include opportunities, challenges, industry development trends under inflation, industry news and policies analyzed by region, Porter's Five Forces analysis, as well as direct and indirect marketing, and the development trends of marketing channels.
Chapters 6-8 have segmented the Propylene-Glycol Alginate market by type, application, and region, with a focus on sales and value from 2018 to 2023 from both vertical and horizontal perspectives.
Chapters 9-11 provide detailed Propylene-Glycol Alginate market forecast data for 2023-2028, broken down by type and application, region, and major countries to help understand future growth trends.
Chapter 12 concludes with an explanation of the data sources and research methods. Verify and analyze through preliminary research to obtain final quantitative and qualitative data.
Years considered for this report:
Historical Years:
2018-2022Base Year:
2022Estimated Year:
2023Forecast Period:
2023-2028Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
