[250 Pages Report] Carrageenan belongs to the family of linear sulphated polysaccharides. It is extracted from the red seaweeds, such as eucheuma cottonii, eucheuma spinosum, and others. Rising application of carrageenan as a gelling, thickening, emulsifying stabilizing, or suspending agent in chemicals, food products, and nutraceutical products is projected to increase the demand.
In addition to this, growing application of carrageenan films in the food packaging industry as well as a substitute to the collagen film or casing net is likely to create remunerative growth opportunities in the market.
Carrageenan films are extensively used as an edible packaging material for processed meat and poultry foods due to its availability in clear and color format and with no artificial coloring on it.
These films do not affect the nutritional value of food products and provides extended shelf life. Hence, demand for carrageenan films is projected to accelerate among packaging manufacturers at a rapid pace through 2032.
Don't pay for what you don't need
Customize your report by selecting specific countries or regions and save 30%!
According to Future Market Insights (FMI), the absence of artificial coloring, food safety, and preservation of the nutritional contents are major factors anticipated to boost the carrageenan film market, especially across pharmaceutical and food industries.
Growing inclination of consumers towards eco-friendly or biodegradable products due to rising environmental concerns related to plastic packaging will augment the sales of edible packaging products such as carrageenan films.
Further, increased shelf life of the meat, poultry and dairy products along with limited risks of cross contamination is improving the adoption of carrageenan films, propelling the sales over the forecast period.
Also, sustainability initiatives and high spending on research and development (R&D) activities related to packaging is predicted to create new avenues for carrageenan films market players over the assessment period.
Irrespective of the grade of carrageenan used, the hydrophilic nature of these films is anticipated to impede their performance in some applications, hindering the sales in the market.
Additionally, the inability of the carrageenan materials to be used in high water containing products such as fruits, meat products, and other liquid items will restrict their application in the packaging of these food items.
Stringent quality standards in accordance with international quality standards and regulations followed in the food stabilizer products are some of the few tailbacks, which are likely to hamper the growth in the market.
According to European Food Safety Authority (EFSA), the panel concluded that the existing group acceptable daily intake (ADI) for carrageenan (E 407) and processed eucheuma seaweed (E 407a) of 75 mg/kg per day should be temporarily considered till the database will be upgraded within 5 years after publication of this opinion.
Until then, adequate inter laboratory validated analytical method to quantify the current 5% limit and the fractions effect on the health will be evaluated. This revaluation is likely to pose a challenge for the key players in the market.
Principal Consultant
According to FMI, North America is expected to dominate the global carrageenan films market owing to the rising inclination towards organic and processed foods and for biodegradable packaging.
Also, increasing consumption of healthy food and growing awareness of healthier lifestyles are likely to contribute to the growth in North America carrageenan film market. In addition to this, the high demand for plant-based food ingredients is anticipated to further supplement the adoption of these films.
Growing consumption and production of carrageenan films in the developing economies such as India, China, and Philippines are anticipated to aid in the growth in the Asia Pacific market
Presence of top food industry players, such as China Mengniu Dairy Co. Ltd., and Inner Mongolia Yili Industrial Group Co., Ltd., and others is estimated to fuel the sales in China.
Also, rising use of carrageenan in the meat, jellies, and other food products along with its application in the packaging across China, Japan, and other countries will spur the demand for carrageenan films in the coming years.
In addition to this, rising disposable income and fast-paced lifestyle along with growing health and food safety is augmenting the demand for carrageenan films in the region.
Get the data you need at a Fraction of the cost
Personalize your report by choosing insights you need
and save 40%!
Some of the leading players participating in the global carrageenan films market include COGIN, Chris-Kraft Polymer Inc., JetNet Corporation, and BioEnvelop Inc., among others.
Key players in the carrageenan market are introducing advanced packaging solutions and improving their research and development activities to gain competitive edge and enhance their customer experience.
| Report Attribute | Details |
|---|---|
| Growth Rate | CAGR from 2022 to 2032 |
| Base Year for Estimation | 2021 |
| Historical Data | 2015 to 2020 |
| Forecast Period | 2022 to 2032 |
| Quantitative Units | Revenue in USD Million, and CAGR from 2022 to 2032 |
| Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis |
| Segments Covered | Thickness, Sales Channel, End-Use, Region |
| Regions Covered | North America; Latin America; Western Europe; Eastern Europe; APEJ; Japan; Middle East and Africa |
| Key Countries Profiled | USA, Canada, Brazil, Argentina, Germany, UK, France, Spain, Italy, Nordics, BENELUX, Australia & New Zealand, China, India, ASEAN, GCC, South Africa |
| Key Companies Profiled | COGIN; Chris-Kraft Polymer Inc.; JetNet Corporation; BioEnvelop Inc. |
| Customization | Available Upon Request |
Growing demand for biodegradable packaging and increased shelf life of processed food products offered by carrageenan film packaging is propelling the growth in the market.
North America is estimated to account for a maximum share in the global carrageenan films market.
Some of the key players dominating the carrageenan films market include COGIN, Chris-Kraft Polymer Inc., JetNet Corporation, and BioEnvelop Inc.
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Impact of Covid-19
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Macro Factors and Forecast Factors
3.4. Value Chain Analysis
3.4.1. Profit Margin Analysis
3.4.2. Raw Material Suppliers
3.4.3. Manufacturers, Wholesalers and Distributors
3.4.4. End Users/ Customers
3.5. Regional Parent Market Outlook
3.6. Production and Consumption Statistics
3.7. Global Average Pricing Analysis Benchmark
4. Global Carrageenan Film Market Analysis 2015-2021 and Forecast, 2022-2032
4.1. Historical Market Size Value (US$ Mn) & Volume (Tonnes) Analysis, 2015-2021
4.2. Current and Future Market Size Value (US$ Mn) & Volume (Tonnes) Projections, 2022-2032
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Global Carrageenan Film Market Analysis 2015–2021 and Forecast 2022–2032, By Thickness
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Mn) & Volume (Tonnes) Analysis by Thickness, 2015-2021
5.3. Current and Future Market Size Value (US$ Mn) & Volume (Tonnes) Analysis and Forecast by Thickness, 2022-2032
5.3.1. Up to 50 Micron
5.3.2. 51-100 Micron
5.3.3. 101-200 Micron
5.3.4. 200 Micron & Above
5.4. Y-o-Y Growth Trend Analysis by Thickness, 2015-2021
5.5. Absolute $ Opportunity Analysis by Thickness, 2022-2032
6. Global Carrageenan Film Market Analysis 2015–2021 and Forecast 2022–2032, By End Use
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Mn) & Volume (Tonnes) Analysis by End Use, 2015-2021
6.3. Current and Future Market Size Value (US$ Mn) & Volume (Tonnes) Analysis and Forecast by End Use, 2022-2032
6.3.1. Food
6.3.2. Pharmaceutical
6.3.3. Nutraceutical
6.4. Y-o-Y Growth Trend Analysis by End Use, 2015-2021
6.5. Absolute $ Opportunity Analysis by End Use, 2022-2032
7. Global Carrageenan Film Market Analysis 2015–2021 and Forecast 2022–2032, By Distribution Channel
7.1. Introduction / Key Findings
7.2. Historical Market Size Value (US$ Mn) & Volume (Tonnes) Analysis by Distribution Channel, 2015-2021
7.3. Current and Future Market Size Value (US$ Mn) & Volume (Tonnes) Analysis and Forecast by Distribution Channel, 2022-2032
7.3.1. Online
7.3.2. Offline
7.4. Y-o-Y Growth Trend Analysis by Distribution Channel, 2015-2021
7.5. Absolute $ Opportunity Analysis by Distribution Channel, 2022-2032
8. Global Carrageenan Film Market Analysis 2015–2021 and Forecast 2022–2032, By Region
8.1. Introduction / Key Findings
8.2. Historical Market Size Value (US$ Mn) & Volume (Tonnes) Analysis by Region, 2015-2021
8.3. Current and Future Market Size Value (US$ Mn) & Volume (Tonnes) Analysis and Forecast by Region, 2022-2032
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. East Asia
8.3.5. South Asia
8.3.6. Oceania
8.3.7. Middle East and Africa (MEA)
8.4. Market Attractiveness Analysis, by Region
9. North America Carrageenan Film Market Analysis 2015–2021 and Forecast 2022–2032, By Country
9.1. Historical Market Size Value (US$ Mn) & Volume (Tonnes) Trend Analysis by Market Taxonomy, 2015-2021
9.2. Market Size Value (US$ Mn) & Volume (Tonnes) Forecast by Market Taxonomy, 2022-2032
9.2.1. By Country
9.2.1.1. U.S.
9.2.1.2. Canada
9.2.2. By Thickness
9.2.3. By End Use
9.2.4. By Distribution Channel
9.3. Market Attractiveness Analysis
9.3.1. By Country
9.3.2. By Thickness
9.3.3. By End Use
9.3.4. By Distribution Channel
9.4. Key Takeaways
10. Latin America Carrageenan Film Market Analysis 2015–2021 and Forecast 2022–2032, By Country
10.1. Historical Market Size Value (US$ Mn) & Volume (Tonnes) Trend Analysis by Market Taxonomy, 2015-2021
10.2. Market Size Value (US$ Mn) & Volume (Tonnes) Forecast by Market Taxonomy, 2022-2032
10.2.1. By Country
10.2.1.1. Brazil
10.2.1.2. Mexico
10.2.1.3. Argentina
10.2.1.4. Chile
10.2.1.5. Peru
10.2.1.6. Rest of Latin America
10.2.2. By Thickness
10.2.3. By End Use
10.2.4. By Distribution Channel
10.3. Market Attractiveness Analysis
10.3.1. By Country
10.3.2. By Thickness
10.3.3. By End Use
10.3.4. By Distribution Channel
10.4. Key Takeaways
11. Europe Carrageenan Film Market Analysis 2015–2021 and Forecast 2022–2032, By Country
11.1. Historical Market Size Value (US$ Mn) & Volume (Tonnes) Trend Analysis by Market Taxonomy, 2015-2021
11.2. Market Size Value (US$ Mn) & Volume (Tonnes) Forecast by Market Taxonomy, 2022-2032
11.2.1. By Country
11.2.1.1. Germany
11.2.1.2. Italy
11.2.1.3. France
11.2.1.4. U.K.
11.2.1.5. Spain
11.2.1.6. BENELUX
11.2.1.7. Nordic
11.2.1.8. Russia
11.2.1.9. Poland
11.2.1.10. Rest of Europe
11.2.2. By Thickness
11.2.3. By End Use
11.2.4. By Distribution Channel
11.3. Market Attractiveness Analysis
11.3.1. By Country
11.3.2. By Thickness
11.3.3. By End Use
11.3.4. By Distribution Channel
11.4. Key Takeaways
12. East Asia Carrageenan Film Market Analysis 2015–2021 and Forecast 2022–2032, By Country
12.1. Historical Market Size Value (US$ Mn) & Volume (Tonnes) Trend Analysis by Market Taxonomy, 2015-2021
12.2. Market Size Value (US$ Mn) & Volume (Tonnes) Forecast by Market Taxonomy, 2022-2032
12.2.1. By Country
12.2.1.1. China
12.2.1.2. Japan
12.2.1.3. South Korea
12.2.2. By Thickness
12.2.3. By End Use
12.2.4. By Distribution Channel
12.3. Market Attractiveness Analysis
12.3.1. By Country
12.3.2. By Thickness
12.3.3. By End Use
12.3.4. By Distribution Channel
12.4. Key Takeaways
13. South Asia Carrageenan Film Market Analysis 2015–2021 and Forecast 2022–2032, By Country
13.1. Historical Market Size Value (US$ Mn) & Volume (Tonnes) Trend Analysis by Market Taxonomy, 2015-2021
13.2. Market Size Value (US$ Mn) & Volume (Tonnes) Forecast by Market Taxonomy, 2022-2032
13.2.1. By Country
13.2.1.1. India
13.2.1.2. Thailand
13.2.1.3. Malaysia
13.2.1.4. Indonesia
13.2.1.5. Rest of South Asia
13.2.2. By Thickness
13.2.3. By End Use
13.2.4. By Distribution Channel
13.3. Market Attractiveness Analysis
13.3.1. By Country
13.3.2. By Thickness
13.3.3. By End Use
13.3.4. By Distribution Channel
13.4. Key Takeaways
14. Oceania Carrageenan Film Market Analysis 2015–2021 and Forecast 2022–2032, By Country
14.1. Historical Market Size Value (US$ Mn) & Volume (Tonnes) Trend Analysis by Market Taxonomy, 2015-2021
14.2. Market Size Value (US$ Mn) & Volume (Tonnes) Forecast by Market Taxonomy, 2022-2032
14.2.1. By Country
14.2.1.1. Australia
14.2.1.2. New Zealand
14.2.2. By Thickness
14.2.3. By End Use
14.2.4. By Distribution Channel
14.3. Market Attractiveness Analysis
14.3.1. By Country
14.3.2. By Thickness
14.3.3. By End Use
14.3.4. By Distribution Channel
14.4. Key Takeaways
15. Middle East & Africa Carrageenan Film Market Analysis 2015–2021 and Forecast 2022–2032, By Country
15.1. Historical Market Size Value (US$ Mn) & Volume (Tonnes) Trend Analysis by Market Taxonomy, 2015-2021
15.2. Market Size Value (US$ Mn) & Volume (Tonnes) Forecast by Market Taxonomy, 2022-2032
15.2.1. By Country
15.2.1.1. GCC Countries
15.2.1.2. Turkey
15.2.1.3. Northern Africa
15.2.1.4. South Africa
15.2.1.5. Rest of MEA
15.2.2. By Thickness
15.2.3. By End Use
15.2.4. By Distribution Channel
15.3. Market Attractiveness Analysis
15.3.1. By Country
15.3.2. By Thickness
15.3.3. By End Use
15.3.4. By Distribution Channel
15.4. Key Takeaways
16. Country wise Carrageenan Film Market Analysis
16.1. United States (U.S.)
16.1.1. Market Share Analysis, 2022
16.1.2. By Thickness
16.1.3. By End Use
16.1.4. By Distribution Channel
16.2. Canada
16.2.1. Market Share Analysis, 2022
16.2.2. By Thickness
16.2.3. By End Use
16.2.4. By Distribution Channel
16.3. Brazil
16.3.1. Market Share Analysis, 2022
16.3.2. By Thickness
16.3.3. By End Use
16.3.4. By Distribution Channel
16.4. Mexico
16.4.1. Market Share Analysis, 2022
16.4.2. By Thickness
16.4.3. By End Use
16.4.4. By Distribution Channel
16.5. Germany
16.5.1. Market Share Analysis, 2022
16.5.2. By Thickness
16.5.3. By End Use
16.5.4. By Distribution Channel
16.6. Italy
16.6.1. Market Share Analysis, 2022
16.6.2. By Thickness
16.6.3. By End Use
16.6.4. By Distribution Channel
16.7. France
16.7.1. Market Share Analysis, 2022
16.7.2. By Thickness
16.7.3. By End Use
16.7.4. By Distribution Channel
16.8. Spain
16.8.1. Market Share Analysis, 2022
16.8.2. By Thickness
16.8.3. By End Use
16.8.4. By Distribution Channel
16.9. U.K.
16.9.1. Market Share Analysis, 2022
16.9.2. By Thickness
16.9.3. By End Use
16.9.4. By Distribution Channel
16.10. Russia
16.10.1. Market Share Analysis, 2022
16.10.2. By Thickness
16.10.3. By End Use
16.10.4. By Distribution Channel
16.11. China
16.11.1. Market Share Analysis, 2022
16.11.2. By Thickness
16.11.3. By End Use
16.11.4. By Distribution Channel
16.12. Japan
16.12.1. Market Share Analysis, 2022
16.12.2. By Thickness
16.12.3. By End Use
16.12.4. By Distribution Channel
16.13. India
16.13.1. Market Share Analysis, 2022
16.13.2. By Thickness
16.13.3. By End Use
16.13.4. By Distribution Channel
16.14. GCC Countries
16.14.1. Market Share Analysis, 2022
16.14.2. By Thickness
16.14.3. By End Use
16.14.4. By Distribution Channel
16.15. Australia
16.15.1. Market Share Analysis, 2022
16.15.2. By Thickness
16.15.3. By End Use
16.15.4. By Distribution Channel
17. Market Structure Analysis
17.1. Competition Dashboard
17.2. Competition Benchmarking
17.3. Market Share Analysis of Top Players
17.3.1. By Region
17.3.2. By Product Portfolio
18. Competition Analysis
18.1. Competition Deep Dive
18.1.1. JetNet Corporation
18.1.1.1. Overview
18.1.1.2. Product Portfolio
18.1.1.3. Profitability by Market Segments (Product/Channel/Region)
18.1.1.4. Sales Footprint
18.1.1.5. Strategy Overview
18.1.1.5.1. Marketing Strategy
18.1.1.5.2. Product Strategy
18.1.1.5.3. Channel Strategy
19. Assumptions and Acronyms Used
20. Research Methodology
Explore Packaging Insights
View Reports
Carrageenan Film Market
