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Stock impact report

Alginates and Derivatives Strategic Report 2024: Global Market to Reach $2 Billion by 2030 - Trends Towards Bio-Based and Sustainable Materials Generate New Opportunities [Yahoo! Finance]

Ashland Inc. (ASH) 
Last ashland inc. earnings: 1/27 05:00 pm Check Earnings Report
US:NYSE Investor Relations: investor.ashland.com/investor-relations
Company Research Source: Yahoo! Finance
The global market for Alginates and Derivatives was estimated at US$1.5 Billion in 2023 and is projected to reach US$2.0 Billion by 2030, growing at a CAGR of 4.9% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The growth in the alginates and derivatives market is driven by several factors reflecting advancements in technology, increasing consumer demand, and evolving industry practices. One primary driver is the rising demand for natural and clean-label ingredients in the food and beverage industry, as consumers seek healthier and more transparent product formulations. Technological advancements in alginate extraction and modification are enhancing the functional properties of these compounds, expanding their application range and improving cost-efficiency. The growing pharmaceutical industry is also a significant driver, with increasing utilization of alginates in Show less Read more
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