Carrageenan Market: Growth Drivers and Future Trends till 2033
The carrageenan market involves the production and supply of carrageenan, a natural hydrocolloid extracted from red seaweed. Carrageenan is widely used as a thickening, gelling, and stabilizing agent in various industries, particularly in food and beverages, pharmaceuticals, and personal care products. It plays a crucial role in improving the texture, consistency, and shelf life of products like dairy items, meat, and plant-based alternatives. Its versatility and natural origin make it a preferred additive in multiple applications.