Commercial Seaweed Market report covers a detailed analysis of current and upcoming market trends, company market shares, market projections, competitive benchmarking, competition mapping, and in-depth research of the most significant sustainability strategies and their impact on industry growth and competition. The research was conducted using a combination of primary and secondary data, as well as input from leading industry players.
Commercial Seaweed Market size is projected to reach USD
25.91 Billion units by 2027 from an estimated USD 14.02 Billion units in 2019,
growing at a CAGR of 7.58% globally.
The commercial seaweed industry will
witness promising growth which is attributable to its extensive usage as a
particle suspension and emulsifying agent, thickener, stabilizer, and a protein
stabilizer in dairy products, salad dressings, ice cream, and chocolate milk,
and other processed food items.
Seaweed is an umbrella term for a group of multi-cellular, macroscopic, and marine algae, which are found in various shades of red, green, and brown. They may be shaped as delicate fingers, spheres, broad leaves, or may resemble fruit. Although seaweeds have been consumed for several centuries as a key source of food, they are being increasingly used on a commercial level. They find extensive applications in the food & beverages sector for their hydrocolloid properties along with several applications in various industries, including cosmetics, personal care, animal feed & additives, agriculture, and pharmaceuticals.
The Major Players In The Commercial
Seaweed Market Include:
DowDuPont Inc., Cargill
Incorporated, Beijing Leili Agricultural Co. Ltd., Organic Irish Seaweed
Emerald Isle, Seaweed Solutions AS, Nantong Xinlang Seaweeds and Foods Co.
Ltd., CP Kelco US Inc., Groupe Roullier, J.M. Huber, Kerry Group Plc., Ocean
Harvest Technology Ltd., Gelymer S.A., Corbion N.V., Green Ocean Farming UK.
The market has segmented the global
Commercial Seaweeds market on the basis of type, application, and region:
The Commercial Seaweed market is
segmented by type and application. Growth between segments over the period
2022-2028 provides accurate calculations and forecasts of revenue by type and
application in terms of volume and value. This analysis can help you expand
your business by targeting eligible niches.
By Type:
Green Seaweed, Red Seaweed, Brown
Seaweed
By Application:
Food and Beverages, Animal
Feed, Agricultural Fertilizer, Pharmaceutical, Biofuels, Cosmetics and Personal
care, Others
By Regional Outlook
(Revenue, USD Billion, 2017 – 2028)
- North America (U.S., Canada, Mexico)
- Europe (Germany, U.K., France, Italy, Russia, Spain,
Rest of Europe)
- Asia-Pacific (China, India, Japan, Southeast Asia, Rest
of APAC)
- Middle East & Africa (GCC Countries, South Africa,
Rest of MEA)
- South America (Brazil, Argentina, Rest of South
America)
IMR offers a comprehensive overview of the market through the analysis of key parameters such as revenue, price, competition, and promotions, as well as the study, synthesis, and summarization of data from different sources. It analyzes the leading industry drivers and shows numerous market components. The information offered is thorough, dependable, and the result of a comprehensive primary and secondary study. IMR market research reports offer a comprehensive global market as well as an in-depth strategic sourcing methodology and analysis based on qualitative and quantitative research to anticipate market growth.
Covid-19 Impact and Recovery
Analysis on Industry:
The COVID-19 pandemic has had
devastating effects on several industry verticals globally. To constrain the
number of cases and slow the coronavirus spread, various public health
guidelines were implemented in different countries across the globe. COVID-19
protocols ranging from declaring national emergency states, enforcing
stay-at-home orders, closing nonessential business operations and schools,
banning public gatherings, imposing curfews, distributing digital passes, and
allowing police to restrict citizen movements within a country, as well as
closing international borders. With the growing vaccination rate, governments
are uplifting the protocols to give a boost to the stagnant economy. Like other
industries, Commercial Seaweed Market have experienced slowdown the
growth, however market is expected bounce back as restrictions are being lifted
up by governments across the globe.
Reasons to Purchase this Report
•
Qualitative
and quantitative analysis of the market based on segmentation involving both
economic as well as non-economic factors
•
Provision
of market value (USD Billion) data for each segment and sub-segment
•
Indicates
the region and segment that is expected to witness the fastest growth as well
as to dominate the market
•
Analysis
by geography highlighting the consumption of the product/service in the region
as well as indicating the factors that are affecting the market within each
region
•
Competitive
landscape which incorporates the market ranking of the major players, along
with new service/product launches, partnerships, business expansions, and
acquisitions in the past five years of companies profiled
•
Extensive
company profiles comprising of company overview, company insights, product
benchmarking, and SWOT analysis for the major market players
•
The
current as well as the future market outlook of the industry with respect to
recent developments which involve growth opportunities and drivers as well as
challenges and restraints of both emerging as well as developed regions
•
Includes
in-depth analysis of the market of various perspectives through Porter’s five
forces analysis
•
Provides
insight into the market through Value Chain
•
Market
dynamics scenario, along with growth opportunities of the market in the years
to come
• 6-month post-sales analyst support
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