AdvanceMarketAnalytics, a global market research and consulting organization, have released a new study titled "Sodium Alginate market - Global outlook to 2026". Industries constant focus on reducing the operational cost and increased attention on core business, and need to improve scalability are expected to shape the Global Sodium Alginate market to grow at a CAGR of %.
The Form, such as Powder, is boosting the Sodium Alginate market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Grade, such as Food & Pharmaceutical, is boosting the Sodium Alginate market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
According to Analyst at AMA Research, the Global Sodium Alginate market will experience significant growth during the forecast period due to potential opportunities lying in the market such as . Some of the important driving forces are Increasing Applications Across Food and Pharmaceuticals and Technical Progress in Pharmaceutical Industry.
Alginates, which are natural multifunctional polymers, have gained popularity in the biomedical and pharmaceutical fields in recent decades due to their unusual physicochemical properties and diverse biological activities. There is a growing trend in the pharmaceutical and food industries to avoid harsh conditions in the preparation of drugs for administration or storage because they can cause side effects, instability, or loss of therapeutic benefit. Sodium alginate is a flexible functional biomaterial used in transdermal and transmucosal drug distribution as a viscosity enhancer, stabiliser, matrixing agent, encapsulation polymer, bio adhesive, and film former. Recent scientific advances in the use of alginates, concerns relating to alginates suitability as a matrix for three-dimensional tissue cultures, antibiotic adjuvants, and antiviral agents in cell transplantation for the treatment of diabetes and neurodegenerative diseases, and an overview on antimicrobial and antiviral therapy of alginate-based drugs.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Sodium Alginate market by Type (Stabilizers, Thickeners, Gelling Agents and Emulsifiers), by Application (Textile, Food, Pharmaceutical and Others) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key trends (current and future) of the market