Sodium Alginate Market
The market for Sodium Alginate was estimated at $966 million in 2024; it is anticipated to increase to $1.53 billion by 2030, with projections indicating growth to around $2.23 billion by 2035.
Global Sodium Alginate Market Outlook
Revenue, 2024
Forecast, 2034
CAGR, 2025 - 2034
The Sodium Alginate industry revenue is expected to be around $1042.7 million in 2025 and expected to showcase growth with 7.9% CAGR between 2025 and 2034. The Sodium Alginate market experiences strong expansion because this substance finds increasing application across multiple industries. The textile industry uses Sodium Alginate as a thickening agent while the food and beverage sector employs it as a stabilizer and pharmaceutical companies utilize it for drug delivery systems. Sodium Alginate maintains its market value because consumers seek natural products and organic alternatives and because they understand its health advantages which include cholesterol reduction and obesity management.
Sodium Alginate, also known as Na Alginate, represents a natural polysaccharide compound that scientists obtain from brown seaweed because it provides three essential properties: high viscosity and non toxicity and excellent human tissue compatibility. Sodium Alginate serves multiple important functions in different industries because it works as an emulsifier and texture enhancer in food and beverages and as a healing agent for wounds and tissue engineering in healthcare.
Market Key Insights
- The Sodium Alginate market is projected to grow from $966.4 million in 2024 to $2.07 billion in 2034. This represents a CAGR of 7.9%, reflecting rising demand across Food, Textile and Pharmaceutical Industry.
- FMC Corporation, KIMICA Corporation, Cargill Incorporated are among the leading players in this market, shaping its competitive landscape.
- U.S. and China are the top markets within the Sodium Alginate market and are expected to observe the growth CAGR of 5.1% to 7.6% between 2024 and 2030.
- Emerging markets including Brazil, Indonesia and South Africa are expected to observe highest growth with CAGR ranging between 9.1% to 10.9%.
- Transition like Embracing Green Chemistry is expected to add $62 million to the Sodium Alginate market growth by 2030.
- The Sodium Alginate market is set to add $1.1 billion between 2024 and 2034, with manufacturer targeting Food & Beverage & Pharmaceutical End-Users projected to gain a larger market share.
- With Rising demand in textile industry, and Increasing usage in food processing, Sodium Alginate market to expand 114% between 2024 and 2034.