A just published report by Transparency Market Research, titled, “Propylene Glycol Alginate Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017–2027,” examines in details the market for the product which acts as emulsifier, thickener, and stabilizer. Chemically, it is an ester of alginic acid which is gotten from kelp. It finds application in making beverages such as alcohol – it imparts a creamy taste to them. Besides, propylene glycol alginate also finds usage as a food additive. It is used in hygiene or cosmetic products too.
At the forefront of driving demand for the product is the changing food consumption patterns among consumers. This has egged manufacturers to diversify their offerings using different ingredients. One of them is the chemical propylene glycol alginate. The flourishing brewery industry is at the forefront of driving its demand since it is used in stabilizing the foam of the beer, thereby thwarting its breakdown caused by any residual product.
Demand for propylene glycol alginate is also being driven by the burgeoning food industry where it is used as a thickening and emulsifying agent in jellies and jams, ice cream, and salad dressings, among others. As an emulsifying agent it prevents oil and vinegar from separating in salad dressing. It is used as a dough strengthener to modify the starch and gluten in the dough to impart stability to it. It acts as an anti-caking agent that prevents food components from forming clumps in grated cheese or dried soups.
In addition, it finds usage as a preservative too, which serves to slow the pace of the color change in particular foods. It does so by stopping the deterioration resulting from exposure to oxygen. It helps food maintain the desirable amount of moisture and stops them from drying out. Examples include marshmallows, coconut flakes and nuts.
Propylene glycol alginate, though safe for consumption by humans, results in certain side effects in case of direct contact with skin. Those include eye irritation, nausea, and hair loss. In extreme cases, it may cause damage to kidneys and liver since it can be absorbed by the skin easily. This is one challenge damping sales of the product.
From a geographical standpoint, North America leads the market for propylene glycol alginate. This is because consumption is highest in the region, thanks to a solid food and beverage industry. Europe is another prominent market because of the same reason. When it comes to Asia Pacific, the region is expected surpass all others in terms of growth rate. This is because of the large developing economies in the region which is home to a sizeable population of the world and their rapidly changing food habits.
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Kikkoman Corporation, Universal Preservachem Inc., KIMICA Corporation, IRO Alginate Industry Co., Ltd., Fuji Kasei Co. Ltd., Shandong Jiejing Group Corporation, and Qingdao Bright Moon Seaweed Group Co. Ltd. are to name a few of the leading players in the market for propylene glycol alginate.