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Carrageenan is a common food additive that is extracted from a red seaweed, Chondrus crispus, which is popularly known as Irish moss. Carrageenan, which has no nutritional value, has been used as a thickener and emulsifier to improve the texture of ice cream, yogurt, cottage cheese, soy milk and other processed foods.
Carrageenan is LIKELY SAFE for most people when taken by mouth in food amounts. There is a chemically altered form of carrageenan that is available in France to treat peptic ulcers. This form is POSSIBLY UNSAFE because there's some evidence that it might cause cancer.