Carrageenan carrageenan were estimated at $640 million. The largest producer of industrial carrageenan was the Philippines, where cultivated seaweed produces about 80% of the world supply, while China is the main exporter to global markets in the US and Europe. The most commonly used sources are "E. cottonii" ("Kappaphycus alvarezii", "K. striatum") and "E. spinosum" ("Eucheuma denticulatum"), which together provide about three-quarters of the world production. These grow from the sea surface to a depth of about 2 metres. The seaweed is normally grown on nylon lines strung between bamboo floats, and it is harvested after three months or so, when
Carrageenan are three main sources of raw material and extracted carrageenan. In the U.S., carrageenan is allowed under FDA regulations as a direct food additive and is considered safe when used in the amount necessary as an emulsifier, stabilizer, or thickener in foods, except those standardized foods that do not provide for such use. FDA also reviewed carrageenan safety for infant formula. The European Food Safety Authority concluded "there is no evidence of any adverse effects in humans from exposure to food-grade carrageenan, or that exposure to degraded carrageenan from use of food-grade carrageenan is occurring", Furthermore, the Joint FAO/WHO expert