Market Share of North America Carrageenan Industry
The North America carrageenan market is fragmented, owing to the presence of large regional and domestic players in the different countries of the region. Emphasis is given on the merger, expansion, acquisition, and partnership of the companies along with new product development as major strategic approaches adopted by the leading companies to boost their brand presence among consumers. The global giants are expanding their businesses by setting up new plants or by increasing the capacity of the existing ones to cater to the inflated demand in the region for different carrageenan ingredients. Moreover, Mexico poses a major opportunity for the industry with rapid industrialization in the country.
North America Carrageenan Market Leaders
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Ingredients Solutions, Inc.
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Cargill Inc.
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DuPont de Nemours, Inc.
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Ingredion Inc.
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W Hydrocolloids, Inc.
*Disclaimer: Major Players sorted in no particular order
