Carrageenan Prices, Trends & Forecasts | Provided by Procurement Resource

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Carrageenan is a substitutive food additive that is primarily used as a stabilizer in various food products on a commercial scale. It is extracted from red seaweed and is a water-soluble polysaccharide. When added, the compound is used as a thickening agent that gives a gel-like formulation to the food products. It provides gel strength and viscosity, which is dependent on the pH, alcohol, salt, and other food-gum conditions.

The compound is large and has highly flexible molecules that form curled-helical structures. The melting and boiling points measure around 104° C and 158° C, respectively. It is widely utilized in various commercial activities due to its stabilizing ability and is mainly associated with the food manufacturing industry.

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The key importing countries that import Carrageenan are the United States, India, and Vietnam. On the other hand, the key exporting countries include the Philippines, China, and the United States.

Key Details About the Carrageenan Price Trend:

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Carrageenan price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.

The Carrageenan Price chart, including India Carrageenan price, USA Carrageenan price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.

Industrial Uses Impacting Carrageenan Price Trend:

Carrageenan is a common food additive that is used widely in various food manufacturing units to stabilize the consistency of the delicacy. It is mainly associated with the commercial food manufacturing industry on a large scale. The compound acts as a thickening agent, allowing gel-formations in the food formulation during processing. It can be utilized in dairy products like curd, chocolates, creamer, condensed milk, mayonnaise, sorbet, cheese, yogurts, ice creams, and more. It is also added to meat products that are marketed on a large scale.

The compound binds with the food protein to give it a firm consistency and emulsify the formulation and hence, is used widely as a thickening agent. Additionally, Carrageenan is used in food packaging units to improve the film quality and coatings used to wrap food items. The compound is also used in manufacturing or producing certain beverages, including beer and other alcoholic drinks.

Key Players:

  • MCPI Corp (Philippines)
  • Marcel Carrageenan (Philippines)
  • PT Fortuna Cahaya Cemerlang (Indonesia).
  • Ina Food Industry Co. Ltd (Japan)
  • Caldic BV (Netherlands)

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