Market Overview

The global alginate casing market size was valued at USD 21.06 million in 2023. The market is projected to grow from USD 22.84 million in 2024 to USD 56.81 million by 2032, exhibiting a CAGR of 12.07% during the forecast period.

A natural anionic polymer extracted from brown algae is called alginate and is available as calcium, sodium, potassium, or ammonium salts. The alginate casing market is propelling due to the increasing interest in trying plant-based sausages, which further raised the seaweed-based casing popularity.

List of Key Players Present in the Report:

• ViskoTeepak (Finland)
• D2 INGREDIENTS, LP (U.S.)
• FMC Corporation (U.S.)
• Ruitenberg Ingredients B.V. (Netherlands)
• PROMAR PPH Sp. z o.o. (Poland)
• Viscofan, S.A. (Spain)
• Vaessen Schoemaker B.V. (Netherlands)
• Algaia (France)
• J. RETTENMAIER & SÖHNE GmbH + Co KG (Germany)
• SoleChem S.R.L. (Italy)
• Albert Handtmann Holding GmbH & Co. KG (Germany)

Segments

High Availability of Soy-based Sausages to Augment Vegan Segment Growth

Based on application, the market is segmented into meat and vegan. The vegan segment accounts for the largest alginate casing market share and is leading the market. The growth is attributed to the high availability of soy-based sausages in the market, which makes them a popular choice for consumers.

Increasing Unflavored Versions of Alginate Casings to Augment Segment Expansion

By product type, the market is bifurcated into unflavored and flavored. The unflavored segment is leading in terms of market share due to the increasing availability of unflavored versions of alginate casings by key players in the market.