Global Alginic Acid Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Salt Type;

Propylene Glycol Alginate, Magnesium, Lithium, Ammonium Alginate, Calcium Alginate, Potassium Alginate and Sodium Alginate.

By End-Use Industry;

Leisure Industry, Technical Industry, Textile And Paper Industry, Art And Crafts, Cosmetics, Pharmaceuticals and Food Industry.

By Functional Use;

Foaming And Emulsifying Agent, Stabilizer, Coating, Adhesive, Gelling Agent, Thickening Agent and Moisture Retainer.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn105572489 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Alginic Acid Market (USD Million), 2021 - 2031

In the year 2024, the Global Alginic Acid Market was valued at USD 944.38 million. The size of this market is expected to increase to USD 1,393.96 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.7%.

The global alginic acid market is experiencing notable growth due to its diverse applications and increasing demand across various industries. Alginic acid, a natural polysaccharide derived from brown seaweed, is widely used in food and beverage, pharmaceuticals, cosmetics, and industrial applications. In the food industry, it serves as a thickening and gelling agent, enhancing texture and stability in products like ice cream, salad dressings, and baked goods. Its safety and effectiveness in these applications contribute to its growing adoption globally.

In the pharmaceutical sector, alginic acid is valued for its role as a drug delivery system and its potential therapeutic benefits. It is utilized in the formulation of controlled-release medications and as a component in wound dressings due to its biocompatibility and gel-forming properties. The rising focus on advanced drug delivery systems and increasing investments in pharmaceutical R&D are driving the demand for alginic acid in this sector.

The cosmetic industry also contributes significantly to the alginic acid market. It is employed in various skincare and personal care products for its hydrating, thickening, and stabilizing properties. As consumer awareness about natural and sustainable ingredients grows, the demand for alginic acid in cosmetics is expected to rise. This trend is supported by a broader shift towards natural and organic products, enhancing the market's growth prospects.

Industrial applications of alginic acid include its use in water treatment, as a binder in the paper and textile industries, and in the production of biodegradable films and coatings. The increasing emphasis on sustainable and eco-friendly solutions in industrial processes drives the demand for alginic acid. The market's growth is also supported by advancements in extraction and production technologies, which improve efficiency and reduce costs. As these trends continue, the global alginic acid market is poised for substantial expansion in the coming years.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Salt Type
    2. Market Snapshot, By End-Use Industry
    3. Market Snapshot, By Functional Use
    4. Market Snapshot, By Region
  4. Global Alginic Acid Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing demand in food industry
        2. Growth in pharmaceutical applications
        3. Rising use in cosmetics
        4. Expanding dietary supplement market
        5. Advancements in production technology
      2. Restraints
        1. High production costs
        2. Limited raw material availability
        3. Regulatory challenges
        4. Competitive substitutes
        5. Environmental concerns
      3. Opportunities
        1. Emerging markets growth
        2. Innovative product applications
        3. Expanding industrial uses
        4. Technological advancements
        5. Increasing consumer awareness
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Alginic Acid Market, By Salt Type, 2021 - 2031 (USD Million)
      1. Propylene Glycol Alginate
      2. Magnesium
      3. Lithium
      4. Ammonium Alginate
      5. Calcium Alginate
      6. Potassium Alginate
      7. Sodium Alginate
    2. Global Alginic Acid Market, By End-Use Industry, 2021 - 2031 (USD Million)
      1. Leisure Industry
      2. Technical Industry
      3. Textile And Paper Industry
      4. Art And Crafts
      5. Cosmetics
      6. Pharmaceuticals
      7. Food Industry
    3. Global Alginic Acid Market, By Functional Use,2021 - 2031 (USD Million)
      1. Foaming And Emulsifying Agent
      2. Stabilizer
      3. Coating
      4. Adhesive
      5. Gelling Agent
      6. Thickening Agent
      7. Moisture Retainer
    4. Global Alginic Acid Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. SNAP Natural & Alginate Products
      2. KIMICA Corporation
      3. IRO Alginate
      4. Cargill Incorporated
      5. Qingdao Rongde Seaweed Co. Ltd
      6. Qingdao Allforlong Biotech Co. Ltd
      7. Qingdao Bright Moon Seaweed Group Co. Ltd
      8. Qingdao Gather Great Ocean Algae Industry Group Co. Ltd
      9. Lianyungang Huanyu Seaweed Co. Ltd
      10. Qingdao Fengrun Seaweed Co. Ltd.
      11. Protan AS
  7. Analyst Views
  8. Future Outlook of the Market