Alginates Market Size & Share, by Product (Food, Pharmaceutical, Technical, Feed Grade); Application (Food Additives, Pharmaceutical & Medical Devices, Paper & Pulp, Personal Care & Cosmetics, Textiles, Animal Feeds) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2023-2035

  • Report ID: 4051
  • Published Date: May 21, 2023
  • Report Format: PDF, PPT

Global Market Size, Forecast, and Trend Highlights Over 2023 - 2035

Alginates Market size is estimated to reach USD 15 Billion by the end of 2035, growing at a CAGR of 6% during the forecast period i.e., 2023-2035. In the year 2022, the industry size of alginates was over USD 900 Million.The rising consumption of ice-creams and yogurt is boosting the market expansion. Alginate can be a healthy substitute for starch and gelatin, which are used as stabilizers in ice creams & yogurt.

Moreover, with rising awareness of bio-based products and sustainable ingredients, the demand for alginates is also increasing. Alginates are extracted from seaweeds and are highly preferred as a replacement for synthetic additives.

Alginates Market
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Alginates Sector: Growth Drivers and Challenges

Growth Drivers

  • Growing Production of Natural Food – Natural food such as fruits and vegetables are usually coated with alginate to provide them protection from microbial and viral attacks. Food production is predicted to expand at a pace of 3.2 percent per year for vegetables and 1.6 percent per year for fruits, as stated by the Food and Agriculture Organization of the United Nations (FAO).
  • Growing Demand for Advanced Wound Care Products – The creation of alginate gel with calcium ions is highly used in wound dressings. Since calcium alginates are a natural hemostat and alginate-based bandages are used to treat bleeding wounds.
  • Growing Textile Industry – Alginates are highly used in textile printing, especially sodium alginates, they are applied as printing paste to provide stability to the print in various cloth materials, such as cotton, silk, synthetic fiber, and wool.


  • Availability of substitutes hampering the alginates market demand – There are various alginate replacements present in the market. Agar-agar, carrageenan, xanthan gum, guar gum, gelatin, and other ingredients are a few examples. There is no identical replication of alginates, but numerous products can accomplish the exact same function for the specific application. Agar-agar, for example, has the same gelling qualities as alginates and is frequently used in the food sector to replace them.
  • Procurement of raw materials is expensive.
  • Product’s usage volume is low

Alginates Market: Key Insights

Base Year


Forecast Year



~ 6%

Base Year Market Size (2022)

~ USD  900 Million

Forecast Year Market Size (2035)

~ USD 15 Billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Alginates Segmentation

Product (Food, Technical, Pharmaceutical, Feed Grade Alginates)

The pharmaceutical feed grade segment in the alginates market is poised to gain the largest revenue share of about 45% in the year 2035. The various application of pharmaceutical grade in the pharma industry is expected to augment the segment growth.

Pharmaceutical-grade alginates are highly used in wound dressing, as they form a gel-like matrix that helps in maintaining the moisture around the wound and expedites the healing process. Besides this, the alginates are fused with the formulation of drugs to enable the sustained release of the drug over an extended period.

Application (Food Additives, Pharmaceutical & Medical Devices, Paper & Pulp, Personal Care & Cosmetics, Textiles, Animal Feeds)

The food additives segment is expected to garner around 46% market share by 2035. Alginates are widely used in the food industry, as they themselves are the group of food additives that are derived from brown seaweeds.

Additionally, the use of alginates in the food sector complies with the regulatory guidelines of the food industry, since they are considered safe by regulatory authorities when used at controlled levels.

Our in-depth analysis of the global market includes the following segments:


  • Food
  • Pharmaceutical
  • Technical
  • Feed Grade Alginates


  • Food Additives
  • Pharmaceutical & Medical Devices
  • Paper & Pulp
  • Personal Care & Cosmetics
  • Textiles
  • Animal Feeds
  • Others

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Alginates Industry - Regional Synopsis

APAC Market Statistics

Asia Pacific is predicted to have the greatest alginates market share of more than 36% by 2035, out of all other regions. With developing healthcare infrastructure and rising cases of chronic diseases, there has been a greater emphasis on advanced wound management and drug delivery systems in countries such as India and China, owing to which the region's need for alginates is increasing significantly.

Despite being highly preventable, cardiovascular disease (CVD) remains the leading cause of mortality in Asia-Pacific, it was projected to be the cause of 9.4 million deaths in the region.

North American Market Forecast

The North American alginates market share is anticipated to cross 25% by the end of 2035. Rising consumption of ice cream and yogurt in both regular and low-fat categories is majorly driving the market growth in the region. In 2021, ice cream manufacturers in the United States produced over one billion gallons of ice cream.

Alginates reduce the size of ice crystals in ice creams and yogurt thus giving it a creamier texture without the use of other chemicals, this also makes alginates highly popular in low-fat products. Organic low-fat yogurt is predicted to account for 47% of the overall U.S. low-fat yogurt market in 2025.

Research Nester
Alginates Market Share
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Companies dominating the Alginates Landscape

    • One.Five GmbH
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • IRO Alginate Industry Co., Ltd.
    • FMC Corporation
    • SNP, Inc.
    • Ashland Global Holdings Inc.
    • KIMICA Corporation
    • Shandong Jiejing Group Corp.
    • BASF SE

In the News

  • BASF SE announced the launch of Verdessenece TM RiceTouch, a plant-based sensory powder. Verdessence RiceTouch is made from non-GMO rice and has a high grade and good oil absorption. It is ideal for a variety of natural and organic cosmetic applications such as face and body care, hair care and body cleansing, coloring products, and sunblock products. This biopolymer is derived from natural 100% renewable feedstocks, it is biodegradable and free of preservatives. During the manufacturing process, no chemical changes are required.
  • One.Five GmbH a German biotech company collaborated with the developers at Flinders University and announced the development of seaweed-based coating as a substitute for plastic packaging in the food industry. The research and production of seaweed-based bioplastics and coatings have the potential to improve the livelihoods of seaweed farmers who rely on an industry.

Author Credits:  Anil Kumar, Ipsheeta Dash

  • Report ID: 4051
  • Published Date: May 21, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Increasing growth of the textile industry and higher production of fruits and vegetables are the major factors driving the market growth.

The market size of alginates is anticipated to attain a CAGR of ~6% over the forecast period, i.e., 2023-2035.

The availability of low-cost substitutes, and the high cost associated with procuring raw materials are estimated to hamper the market growth are estimated to be the growth hindering factors for the market expansion.

The market in the Asia Pacific region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.

The major players in the market are IRO Alginate Industry Co., Ltd., One.Five GmbH, ZIBO WANGFEI SEAWEED TECH CO., LTD., FMC Corporation, QINGDAO GFURI SEAWEED INDUSTRIAL CO., LTD., SNP, Inc., Ashland Global Holdings Inc., KIMICA Corporation, Shandong Jiejing Group Corp., and BASF SE

The company profiles are selected based on the revenues generated from the product segment, the geographical presence of the company which determines the revenue generating capacity as well as the new products being launched into the market by the company.

The market is segmented by product, application, and by region.

The pharmaceutical segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.
Alginates Market Report Scope

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