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Showing posts from August, 2022

Alginate Market To Forsee Commendable Growth, Due To Increasing Product Demand In Food Applications As A Thickening Agent

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        Alginate Industry Overview   The global  alginate market  size is projected to reach USD 1.07 billion by 2028 registering a CAGR of 5.0% over the forecast period, according to a new report by Grand View Research, Inc. Rise in product usage as active dyestuff in the textile industry is expected to drive the market over the forecast period. The product is gaining popularity in the food and beverage applications due to rising consumer preference for naturally sourced products. It is predominantly used in the food industry as an emulsifier, gelling agent, and thickening agent. Moreover, increasing application scope in the bakery and confectionery sector is projected to drive the market in the coming years.   Increasing consumption of emulsifiers in salad dressing, chocolate, margarine, peanut butter, and several frozen desserts is also one of the key factors for the growing product demand in the food and beverage application. The product has a wide range of applications in the phar

Omega 3 Market Is Extrapolated To Grow, Due To Rising Importance Of Immunity Development Post-COVID-19 Pandemic

    Omega 3 Industry Overview   The global  omega 3 market  size is expected to reach USD 3.82 billion by 2028, registering a CAGR of 7.8% over the forecast period, according to a new report by Grand View Research, Inc. DHA and EPA can help improve brain health in children and heart health in adults, which is likely to boost the market growth. The rising scope of applications of omega 3 in pharmaceuticals is also supporting product consumption. Players are focusing on offering high-quality pharma-grade omega 3. For instance, FMC Corp.’s Epax brand offers concentrated marine omega-3 fatty acids sourced from sustainable and traceable raw materials and caters to the requirements of high-quality pharmaceutical ingredients.   The global market is characterized by the presence of prominent players, such as BASF SE, Koninklijke DSM N.V., Lonza, and Croda International Plc, which is expected to increase the competition. Players are focusing on catering to specific client requirements to widen