Carrageenan Market Share

Market Share of Carrageenan Industry

The global carrageenan market is fragmented. Carrageenan is a regulated food additive, and there are concerns over the maximum quantity (in mg) of carrageenan that can be added to food. Since the major production of the ingredient takes place in the Asia-Pacific region, a number of major players from the region, especially Asian countries, are engaged in the manufacturing of carrageenan ingredients. The key players in the global carrageenan market are ACCEL Carrageenan Corporation, TBK Manufacturing Corporation, Cargill, Inc., Marcel Carrageenan, and J.M. Huber Corporation.

Carrageenan Market Leaders

1. ACCEL Carrageenan Corporation

2. TBK Manufacturing Corporation

3. Cargill Inc.

4. Marcel Carrageenan

5. J.M. Huber Corporation

*Disclaimer: Major Players sorted in no particular order