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Europe and Asia-Pacific Dominate the Global Carrageenan Market Amid Robust Seaweed Production and Processed Food Consumption
The global carrageenan market was valued at USD 761.2 million in 2020 and is expected to grow at a CAGR of 5.8% during the forecast period, reflecting steady demand across food, pharmaceutical, and personal care sectors. Carrageenan, a hydrocolloid derived from red seaweed, is increasingly valued for its gelling, stabilizing, and thickening properties. Its integration into processed foods,...
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