Commercial Seaweeds Market is accounted to reach $22.32 billion by 2025

Author: Onkar Nimbalkar

Analysis of Global Commercial Seaweeds Market report:

The Global Commercial Seaweeds Market is expected to reach USD 22.32 billion by 2025, from USD 13.90 billion in 2017, growing at a CAGR of 9.3% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

Definition:

Seaweeds are nutrients with variety of health benefits. Commercial seaweeds are type of micro algae found in artic or tropical cold water bodies. The health benefits from the seaweeds include digestive health, cholesterol-lowering effects and weight loss. These are rich in vitamins and mineral content which makes it applicable in various fields of food, healthcare and personal care products. The commercial seaweeds are harvested in about 35 countries.

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Major Market Drivers and Restraints:

  • Growth in applications of commercial seaweeds
  • Increased demand of seaweeds
  • Rising awareness of medicinal uses of seaweeds
  • Usage of seaweed as hydrocolloid and a gelling agent
  • High content of mercury and arsenic
  • Rising water population due to seaweed farming

Leading Key players profiled in this report are:

Renowned players in the market consist of E.I. Dupont De Nemours and Company, Cargill, Incorporated, Roullier Group, Compo Gmbh & Co. Kg, Biostadt India Limited, Acadian Seaplants Limited, Brandt, CP Kelco, Gelymar, Seasol International Pty. Ltd, Aquatic Chemicals, Algea AS, Yan Cheng, Pacific Harvest, Chase Organics GB Ltd., Mara Seaweed, CEAMSA, The Cornish Seaweed Company, Leili Group, Irish Seaweeds, Qingdao Gather Great Ocean Algae Industry Group (GGOG), Annie Chun’s, Chase Organics, GimMe Health Foods, Maine Coast Sea Vegetables, Ocean Harvest Technology, Seagreens, SeaSnax, among others.

Global Commercial Seaweeds Market Segmentation:

  • The commercial seaweeds market is segmented on the basis of type, form and application.
  • The market is segmented on the basis of type into brown seaweeds, red seaweeds, green seaweeds, alginate-containing seaweeds, agar-containing seaweeds, and carrageenan-containing seaweeds.
  • The market is segmented on the basis of form into liquid, powdered and flakes.
  • The market is segmented on the basis of application into direct food, textile, food additive, pharma & medical, paper, animal feed, fertilizer and others.
  • Based on geography the global commercial seaweeds market report covers data points for 28 countries across multiple geographies namely North America & South America, Europe, Asia-Pacific and, Middle East & Africa.

The Global Commercial Seaweeds market report provides the global market size of the main players in each region. Moreover, the report provides knowledge of the leading markets players within the Global Commercial Seaweeds market. The industry changing factors for the market segments are explored in this report. This analysis report covers the growth factors of the worldwide market based on end-users. Market opportunities and recommendations for new investments are also encompassed in this report.

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Competitive Analysis: Global Commercial Seaweeds Market

The global commercial seaweeds market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of commercial seaweeds for global, Europe, North America, Asia Pacific and South America.

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