Commercial Seaweed Market Size 2021: Important Development, Industry Share and Growth Forecast to 2024

Commercial Seaweed

The “Commercial Seaweed Market” Report provides a thorough examination of the market. The Commercial Seaweed Market research investigates how firms in the Commercial Seaweed Market are reacting to changing market conditions by examining major industry strategies. The report covers current top players are recognised and rated based on their market shares. It also includes data on leading manufacturers, market segmentation by types, applications, and geographic regions. Market capacity, production, consumption, sales, and revenue are all discussed in this Commercial Seaweed market report.

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Competitor Analysis:

Commercial Seaweed market covers the vision of competitor analysis by product types, market share, applications, sales and revenue. It covers the top key players like –

  • Cargill, Incorporated
  • DuPont
  • Acadian Seaplants
  • CP Kelco U.S. Inc
  • Brandt Consolidated, Inc.
  • Seasol International
  • Gelymar
  • Algaia, S.A

    Market Overview:

  • Global Commercial Seaweed market is forecasted to reach USD 23.7 million by 2024 growing at a CAGR of 9.7% during the forecast period (2019 – 2024).
  • – Commercial seaweed has a very large application base due to its functional and healthy benefits. Most of the commercially produced seaweed is used in the food industry, which accounts for 70% of the total market share and other category accounts for 30%, which includes hydrocolloids (with the highest share in the category), followed by feed and fertilizers.
  • – Sales of seaweed soared, owing to weight loss claims. Seaweed can rehydrate and swell up in the stomach. Globally, seaweeds are gaining popularity at present not only as part of the staple diet, food flavor enhancers, and nutritive food items but also for their weight loss property. For this very reason, the consumption of seaweed has increased by 125% in the United Kingdom alone.

    Key Market Trends:

    Higher Benefits with Enhanced Yield and Productivity

    Agriculture is a critical sector for the livelihood of individuals and the stability of the overall global economy. Meeting the food needs and its productivity requirements in the future are of tremendous importance owing to the increasing global population. These requirements can be met through a set of innovations and technologies that have recently come up in support of the agriculture sector; one among them is using seaweed extract to boost agricultural production. Liquid seaweed extracts are complex and have demonstrated to possess novel mechanisms for increasing crop productivity. Moreover, the other benefits include improved root structures, improved plant development like flowering and leaf development and fruit set, and enhanced ability to tolerate plant disease and climatic stresses such as cold or drought. They also help in improving soil structure, soil water holding capacity and improved soil microbiology. The graph provided shows the market of seaweeds, taken by the source World Bank Group.

    Asia-pacific Held the Largest Share of the Commercial Seaweed Market

    The use of seaweed as food has strong roots in Asian countries such as China, Japan, and the Republic of Korea, the demand for seaweed as food has spread to North America, South America, and Europe. China is by far the largest seaweed producer, followed by the Republic of Korea and Japan. However, seaweeds are now being produced in all continents. The United States, Mexico, and Canada are poised to witness a high growth rate of the seaweed market. It is anticipated that the per capita consumption of carrageenan would increase by 50% over the next few years, due to market penetration. Asia-Pacific is the largest market for seaweed products. It is the largest regional market that produces and consumes commercial seaweeds.

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    Scope of the Report:

    Seaweeds are a group of photosynthetic non-flowering plant-like organisms (called microalgae) that live in the sea. These are categorized into three major groups based on their dominant pigmentation: red (Rhodophyta), brown (Phaeophyta) and green (Chlorophyta). Commercial seaweed market is also categorized by application as food & beverage, dietary supplements, pharma & medical and others.

    Highlighted points of Commercial Seaweed Market Report:

    • Varying dynamics of the Commercial Seaweed industry.
    • Prospective changes in sales volumes and worldwide share growth in upcoming years
    • Commercial Seaweed market report recognizes the key drivers of growth and challenges of the key industry players.
    • Competitors profiles along with product description, overview, and business data.
    • Complete analysis of market risks, opportunities, limitations, and growth of the market.
    • Market driving and restraining factors.
    • Delivers information on the historical and current market size and the future potential of the market.
    • Commercial Seaweed market report provides comprehensive analysis of the market with respect to market dynamics, competitive analysis, and upcoming trends of market.

    Key Benefits of this Commercial Seaweed Market report:

    • The Commercial Seaweed market report provides a comprehensive analysis of the current trends and future estimations in the world mining equipment market to identify the potential investment pockets.
    • The Commercial Seaweed market report presents information regarding key drivers, restraints, and opportunities with a detailed impact analysis.
    • Quantitative analysis of the current trends and forecasts to 2024 is provided to showcase the financial competency of the Commercial Seaweed market.
    • Porter’s Five Force model of the industry and SWOT analysis illustrate the potency of the buyers & suppliers.
    • Value chain analysis provides a clear understanding of the roles of stakeholders involved.

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    Detailed TOC of Commercial Seaweed Market Report:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY
    3.1 Market Overview

    4 MARKET DYNAMICS
    4.1 Market Drivers
    4.2 Market Restraints
    4.3 Porters Five Forces Analysis
    4.3.1 Threat of New Entrants
    4.3.2 Bargaining Power of Buyers/Consumers
    4.3.3 Bargaining Power of Suppliers
    4.3.4 Threat of Substitute Products
    4.3.5 Intensity of Competitive Rivalry

    5 MARKET SEGMENTATION
    5.1 Type
    5.1.1 Brown Seaweed
    5.1.2 Green Seaweed
    5.1.3 Red Seaweed
    5.2 Application
    5.2.1 Food and Beverage
    5.2.2 Dietary Supplements
    5.2.3 Pharmaceuticals
    5.2.4 Others
    5.3 Geography
    5.3.1 North America
    5.3.1.1 United States
    5.3.1.2 Canada
    5.3.1.3 Mexico
    5.3.1.4 Rest of North America
    5.3.2 Europe
    5.3.2.1 Germany
    5.3.2.2 United Kingdom
    5.3.2.3 France
    5.3.2.4 Spain
    5.3.2.5 Russia
    5.3.2.6 Rest of Europe
    5.3.3 Asia-Pacific
    5.3.3.1 India
    5.3.3.2 China
    5.3.3.3 Australia
    5.3.3.4 Japan
    5.3.3.5 Rest of Asia-Pacific
    5.3.4 South America
    5.3.4.1 Brazil
    5.3.4.2 Argentina
    5.3.4.3 Rest of South America
    5.3.5 Middle East & Africa
    5.3.5.1 UAE
    5.3.5.2 South Africa
    5.3.5.3 Rest Middle East & Africa

    6 COMPETITIVE LANDSCAPE
    6.1 Most Preferred Strategic Approach
    6.2 Most Active Companies
    6.3 Market Share Analysis
    6.4 Company Profiles
    6.4.1 Cargill, Incorporated
    6.4.2 DuPont
    6.4.3 Acadian Seaplants
    6.4.4 CP Kelco U.S. Inc
    6.4.5 Brandt Consolidated, Inc.
    6.4.6 Seasol International
    6.4.7 Gelymar
    6.4.8 Algaia, S.A

    7 MARKET OPPORTUNITIES AND FUTURE TRENDS

    Contact Us:

    Name: Ajay More

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    Email: [email protected]

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