FMC Corporation, CP Kelco, Profied in Commercial Seaweed Market Analysis Report 2018-2024 | Top Players - Biostadt India Limited, Algea AS, W Hydrocolloids, Inc, Seaweed Energy Solutions AS
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1. Seasol International Pty Ltd
2. Indigrow Ltd
3. CP Kelco
4. Chase Organics GB Ltd.
5. Yan Cheng Hairui Food Co., Ltd.
6. Arcadian Seaplants Ltd.
7. Mara Seaweed (Celtic Sea Spice Co.)
8. Pacific Harvest Seafood's Inc.
9. BIOSTADT INDIA LIMITED
10. Aquatic Chemicals
11. Algea AS
12. W Hydrocolloids, Inc.
13. Qingdao Seawin Biotech Group Co., Ltd.
14. Marcel Carrageenan
15. FMC Corporation
16. Seaweed Energy Solutions AS
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.
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.
Browse key industry insights spread across 260 pages with 341 market data tables & 39 figures & charts from the report @ https://www.gminsights.com/industry-analysis/commercial-seaweed-market
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.
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.
Commercial Seaweed Market research report includes in-depth coverage of the industry, with estimates & forecast in terms of volume in kilo tons and revenue in USD million from 2013 to 2024, for the following segments:
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