Irish Moss Market was treasured at USD 1841.7 Million in 2021 and is projected to show a gripping rise of USD 2811.3 Million with a CAGR of 4.3% during the forecasted period of 2021 to 2028.
The Global Irish Moss Market Overview:
Irish carrageen moss is a genus of red algae that is found in abundance along with the rocky areas along the Atlantic coast of Europe and North America. Freshly grown, this algae has soft, cartilaginous with a range of colours ranging from greenish-yellow to red to dark brown or purplish-brown. The primary component is a mucilaginous organism composed of the polysaccharide carbureenan that makes up 55% of the dry weight. Besides, It also contains about 15% dry weight minerals and around10% dry weight protein, and it is high in iodine and sulphur. When it is softened in water, it releases a sea-like scent, and because of the numerous cell wall polysaccharides, it will create a jelly when it is boiled and contains between 20 and 100 times its weight in water.
Chondrus crispus can be described as small sea algae, measuring up to a little more than 20 centimetres in length. It develops from the discoid holdfast and then splits four or more times. It forms a dichotomous, fan-like pattern. The morphology of the plant is extremely diverse, particularly the wideness of the thalli. The branches measure between 2 and 15 millimetres wide and are smooth in texture. The colours range from bright green near an ocean’s surface to deep red at deeper depths. Gametophytes (see below) usually show blue iridescence near the tips of the fronds, and fertile sporophytes have a patchy pattern.
North America will continue to keep its lead on this Irish Moss market, with Canada being the largest producer. Irish Moss is categorized under seaweeds that are red. Other significant manufacturers of Irish Moss include Ireland and France. Irish Moss is primarily used in North America due to its unique properties in terms of function and wider applications. Carrageenan production adds to the potential of end-use for Irish Moss. The growing importance of seaweeds and marine plants as raw materials to produce food and beverages will help this Irish Moss market throughout the forecast time.
The increase in industrial applications of multi-functional and nutritional marine plant species is driving the increase in the demand for Irish moss. In earlier times, Irish moss was used to supplement food shortages for the Irish. In addition to the various forms available, the quality, as well as the source of seaweed, are crucial when making purchases regarding Irish moss. It is a vital source of nutrition because it is a good source of 83% of the essential nutrients, such as Vitamins A, D, E, F, and K. Irish moss serves as an excellent source of a variety of minerals, such as potassium, calcium, sulphur and iodine.
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Global Irish Moss Market Segmentation
Based on the Product Type the market is further divided as
Fresh
Dried
Based on Form the market is further divided as
Powder
Flake
Whole and Others
Market Segmentation by Application
Clarifying Agent
Thickener and Binding Agent
Stabilizer
Softening and Cleansing Agent
Detoxifying Agent
Antimicrobial and antiviral Agent, and Others
Of all types, Thickener and Binding Agent segment is accounted for largest share. These are the substances which are used to enhance viscosity. The growing acceptance of the natural food thickeners is one of the prominent reasons to boost the market.
Market Segmentation by Application by End User
Food and Beverages,
Carrageenan Production
Bakery and Snacks
Dairy Products
Soups and Stews
Dips and Raw Desserts
Dietary Supplements
Medicinal
Personal Care Products, and Others
Market Key players
The market is known by its financial backers or central participants. A few noticeable prominent participants are
Starwest Botanicals
The Lubrizol Corporation
Red’s Kitchen Sink
Gaia Herbs
Brouwland bv
Brupaks
Seatech Bioproducts Corp
Holdfast Seaweed LLC
Qingdao Gather Great Ocean Algae Industry Group CO., LTD
Irish Seaweeds
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Global Irish Moss Market Regional Outlook
Based on the geographical view, the market occupies region such as North America, Europe, Asia pacific, South America, and MEA. North America will continue to dominate the highest position in the market with Canada being the prominent producer of the moss. Irish moss is mostly used in North America due to its unique functional properties.
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