Global Laminarin Market Forecasts to see 8.0% CAGR to 2024, taking it to 2 M US$

The molecule laminarin (also known as laminaran) is a storage glucan (a polysaccharide of glucose) found in brown algae. It is used as a carbohydrate food reserve in the same way that chrysolaminarin is used by phytoplankton. It is created by photosynthesis and is made up of β(1→3)-glucan with β(1→6)-linkages. It is a linear polysaccharide, with a β(1→3):β(1→6) ratio of 3:1.

Growing demand for Laminarin from end-use industries such as food & beverages, feed & pharmaceuticals to impart flavor, color and nutrition is driving the plant extract market. A shift in consumer preference towards intake of herbal medicines is again fueling the Laminarin market. Side-effects associated with the synthetically prepared drugs leading to various disorders have drastically changed the consumer preference towards the safe & herbal alternative. This, in turn, has driven the market growth. Also, rising demand for extracted or herbal supplements is impacting the market growth positively. Overall economic performance will continue to be the best indicator of future demand for Laminarin. Demand in most downstream markets is greatly influenced by general economic conditions. As a result, demand largely follows the patterns of the leading world economies.

The worldwide market for Laminarin is expected to grow at a CAGR of roughly 8.0% over the next five years, will reach 2 million US$ in 2024, from 2 million US$ in 2019.

Market share of global Laminarin industry is dominate by companies like Shaanxi Huike Botanical, Hangzhou Skyherb Technologies, Shaanxi Senfu, Xi'an SR Bio, Xi'an Tianrui Biotechnology, Guilin Fengrunlai Biotech, Nutra Green, Xi'an Yunuo, Xi'an Haijia and others which are profiled in this report as well in terms of Sales, Price, Revenue, Gross Margin and Market Share (2017-2018).

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Market Segment by Regions, regional analysis covers:

  • North America (USA, Canada and Mexico)
  • Europe (Germany, France, UK, Russia and Italy)
  • Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
  • South America (Brazil, Argentina, Columbia, etc.)
  • Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Market Segment by Type, covers:

  • 20%-30% Purity
  • 35%-60% Purity
  • 60%-95% Purity
  • Others

Market Segment by Applications, can be divided into

  • Food & Beverages
  • Dietary Supplements
  • Others

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With the help of 15 chapters spread over 100 pages this report describe Laminarin Introduction, product scope, market overview, market opportunities, market risk, and market driving force. Later it provide top manufacturers sales, revenue, and price of Laminarin, in 2017 and 2018 followed by regional and country wise analysis of sales, revenue and market share. Added to above, the important forecasting information by regions, type and application, with sales and revenue from 2019 to 2024 is provided in this research report. At last information about Laminarin sales channel, distributors, traders, dealers, and research findings completes the global Laminarin market research report.

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Posted by on Thursday June 20 2019, 6:56 AM EDT. All trademarks acknowledged. Filed under Featured Press Release, Food & Beverage, Food Services. Comments and Trackbacks closed. Follow responses: RSS 2.0

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