Press release
Commercial Seaweed Market Ultimate Analysis by Prominent Players - Seasol International, Indigrow Ltd., CP Kelco, Chase Organics GB Ltd., Yan Cheng Hairui Food Co., Ltd., Arcadian Seaplants Ltd.
Commercial Seaweed Market
Unstable prices of seaweeds in their wet form, act as a major restraint to the growth of global market over the forecast period. The prices of seaweeds in their wet form vary frequently dependent on numerous aspects, such as production, environment, and improper distribution in some particular regions.
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The demand of red seaweeds is determined to grow at a major CAGR, over the studied period. Increasing demand for Nori, and Dulse (red seaweeds), particularly in Asia Pacific as an additive in soups, along with growing consumption of red & brown seaweed in form of agar & alginates in pharma & medical end-user will give a significant boost to the growing global market in the anticipated period.
Powder seaweed segment is predicted to gain developed acceptance rate more than liquid seaweed products in industries such as textile, direct food, pharma & medical, food additives among others and will have a growth over 8% CAGR over the coming years. In the agriculture industry, the major use of liquid seaweeds is for the manufacture of liquid fertilizers. As the seaweed products are naturally-derived, they have the qualities to improve the quality of soil, which will in turn improve the agricultural productivity. The demand for liquid seaweeds is anticipated to increase at a notable CAGR, because of their increasing end-user applications like fertilizer sprays.
In 2016, food additives end-user segment had a substantial market share, and this will continue its dominance throughout the anticipated period. Rising consumption of seaweed-based hydrocolloids for thickening, and gelling applications as food additives, processed meat & poultry products will further drive the commercial seaweed market in the projected period. Animal feed produced from seaweed products acts as a rich source of protein & helps in improving the livestock’s health, by helping in increasing milk production, and fertility. Large number of farmers are demanding seaweed products for animal feed especially in Europe & China, thus boosting the demand of seaweed-based animal feed products till the end of 2024.
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The Asia market will increase at a CAGR over 8%, during the entire timeframe. Due to rising seaweed cultivation activities, the consumption of seaweed-based products is increasing in developing nations such as Japan, South Korea, and China. The commercial seaweed market in Europe is predicted to increase at second major CAGR till the end of 2024, because of increasing seaweed demand for food additives. North market is also determined to grow at a moderate CAGR for applications in textiles, and food additives end-users.
Significant global players in global market are Aquatic Chemicals, Seasol International, Indigrow Ltd., Algea AS, Yan Cheng, Pacific Harvest, Chase Organics GB Ltd., Mara Seaweed, Acadian Seaplants Ltd., CP Kelco, and others.
The Commercial Seaweed Market is forecast to exceed USD 87 Billion; according to a new research report by Global Market Insights.
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Charts & Figures
FIG. 1 Industry segmentation
FIG. 2 Global commercial seaweed market, (Kilo Tons) (USD Million), 2013 – 2024
FIG. 3 Industry ecosystem analysis
FIG. 4 Global wet seaweed production, million tons, 2013 - 2024
FIG. 5 Price by region, USD/Kilo, 2013 - 2024
FIG. 6 Price by product, USD/Kilo, 2013 - 2024
FIG. 7 Price by end-user, USD/Kilo, 2013 - 2024
FIG. 8 Price by form, USD/Kilo, 2013 - 2024
FIG. 9 Cost structure analysis
FIG. 10 World population growth, billion, 2010 - 2016
FIG. 11 World fertilizer nutrient consumption estimates, million tons, 2013 – 2024
FIG. 12 Global agar market, USD million, 2013 – 2024
FIG. 13 Global carrageenan market, USD million, 2013 – 2024
FIG. 14 Global alginate market, USD million, 2013 – 2024
FIG. 15 Global biofuel production, billion liters, 2013 – 2018
FIG. 16 Growth potential analysis
FIG. 17 Porter’s analysis
FIG. 18 Company market share analysis, 2016
FIG. 19 PESTEL analysis
FIG. 20 Global commercial seaweed market, by product, 2016 & 2024
FIG. 21 Global commercial seaweed market, by form, 2016 & 2024
FIG. 22 Global commercial seaweed market, by end-user, 2016 & 2024
FIG. 23 Global commercial seaweed market, by region, 2016 & 2024
FIG. 24 SWOT analysis, Seasol International
FIG. 25 SWOT analysis, Indigrow Ltd.
FIG. 26 SWOT analysis, CP Kelco
FIG. 27 SWOT analysis, Chase Organics GB Ltd.
FIG. 28 SWOT analysis, Yan Cheng Hairui Food Co., Ltd.
FIG. 29 SWOT analysis, Acadian Seaplants Ltd.
FIG. 30 SWOT analysis, Mara Seaweed
FIG. 31 SWOT analysis, Pacific Harvest
Continue…
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
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Email: sales@gminsights.com
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