Report Brief-
Historical Data: 2016-2020
Base year: 2021
Current Year Data: 2022
Projected Data: 2022-2028
"According to the research report published by IMR Market Research Global Food Grade Alginate Market is valued at USD 760.84 Million in 2021 and is anticipated to reach USD 1063.46 Million over the forecast period 2028, at a CAGR of 4.9%.”.
Food grade alginate is widely used as an ingredient by food manufacturers due to the high preference for restructure foods such as meat or fish. The alginate market is expected to grow significantly as a result of rapid growth in end-user productions such as prevent moisture migration and improving bake stability. The rising use of alginate in the production of food grade alginate-based edible coatings and films for improving or maintaining quality and prolonging the shelf-life of seafood, fruits, meat, poultry, vegetables, and cheese by r