Carrageenan Gum Market Analysis Covering Size, Share, Growth, Trends and Upcoming Opportunities 2016
The food and beverages application segment is expected to expand at a CAGR of 4% over the forecast period. This segment was estimated to create absolute $ opportunity of more than US$ 12,000 in 2016 over 2015, and is likely to record an incremental opportunity of over US$ 140,000 between 2016 and 2024. The food and beverages segment is anticipated to dominate the global Carrageenan Gum Market by revenue over the forecast period. In 2024, the food and beverages segment is expected to contribute a revenue share of more than 52% to the global carrageenan gum market.