Carrageenan is widely used in the food industry due to its capability to bind with water and enhance the properties of food ingredients. Rise in preference for food and pharmaceutical products with ingredients derived from plant sources instead of animal-derived ingredients, such as gelatin, is likely to increase the demand for carrageenan in the near future.

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Carrageenan Market | Global Industry Report, 2031
www.transparencymarketresearch.com

Carrageenan Market | Global Industry Report, 2031

Carrageenan Market is driven by increase in usage of carrageenan as an ingredient in the production of bakery products, water-based foods, meat products, and pet foods