Carrageenan Market Size Worth $1.17 Billion By 2027 | CAGR: 5.9%: Grand View Research, Inc.
Share this article SAN FRANCISCO, Dec. 14, 2020 /PRNewswire/ -- The global carrageenan market size is expected to reach USD 1.17 billion by 2027, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 5.9% from 2020 to 2027. Carrageenan creates a fatty mouthfeel in food products, thus finds application in the production of vegetable-based dairy alternatives, low-fat cottage cheese, and low-fat cream, among others. The growth of the food and beverage sector, in line with the increasing population and changing consumer eating habits, is expected to fuel ...
Source: prnewswire.com