Commercial Seaweeds Market expected to reach $33.77 billion by 2026 growing at a CAGR of 10.7% | Cargill, Compo, RoullierGroup, Gelymar, BiostadtIndia, CP Kelco, BrandT, AcadianSeaplants

According to Publisher, the Global Commercial Seaweeds Market is accounted for $13.53 billion in 2017 and is expected to reach $33.77 billion by 2026 growing at a CAGR of 10.7% during the forecast period. Increasing demand for Asian cuisine in the western world, growing awareness of medicinal uses of seaweed and rising applications of commercial seaweeds are factors influencing the market growth. However, factors such as extreme use of seaweed products and lack in financial support are restraining the market growth.

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Seaweeds are plant-like organisms that are also well-known as marine microalgae, they are usually attached to a rock or further hard substratum in coastal areas. The classification of seaweeds is based on numerous properties such as pigmentation, the chemical nature of the photosynthetic storing product, the group of photosynthetic membranes and added morphological features. The use of seaweeds dates back to the fourth and sixth centuries in Japan and China, correspondingly. Meanwhile, increasing investment and focus on R&D activities relating to seaweed were startedworldwide, which stimulated the cultivation of seaweeds.

On the basis of Type, brown seaweeds segment is anticipated to grow at a steady rate during the forecast period. The presence of brown seaweeds in food helps in cultivating the joint and bone health, helps in digestion, balances hormones, and decreases hypothyroidism, menstrual problems, cough, asthma, stomach sicknesses, annoyances and haemorrhoids. By Geography, Asia Pacific is projected to grow at a higher rate during the forecast period. Pertaining to the growing existence of tropical rainforests in this region, several species of seaweeds are found in APAC. The industrial applications of seaweeds in the region include pharmaceuticals, agriculture, cosmetics, biofuel, and feed additives.

Some of the key players in the market are E.I. Du Pontde Nemours and Company, Cargill,Inc., Compo GmbH& Co. KG, RoullierGroup, Gelymar SA, BiostadtIndia Limited, CP Kelco, BrandT, AcadianSeaplants Limited, SeasolInternational Pty. Ltd., Chase Organics GB Limited, The Cornish Seaweed Company, Travena Ltd., Indigrow Ltd., West Coast Marine Bio-Processing Corp., Leili Group, Algaia and Seawin Biotech.

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Types Covered:
- Green Seaweeds
- Red Seaweeds
- Brown Seaweeds
- Alginate-Containing Seaweeds
- Agar-Containing Seaweeds
- Carrageenan-Containing Seaweeds

Forms Covered:
- Powder
- Liquid
- Flakes

Method of Harvestings Covered:
- Wild Harvesting
- Aquaculture

Applications Covered:
- Agriculture
- Feed
- Food
- Fertilizers
- Other Applications

Table of Contents

1 Executive Summary

2 Preface

3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 Emerging Markets
3.8 Futuristic Market Scenario

4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry

5 Global Commercial Seaweeds Market, By Type
5.1 Introduction
5.2 Green Seaweeds
5.3 Red Seaweeds
5.4 Brown Seaweeds
5.5 Alginate-Containing Seaweeds
5.6 Agar-Containing Seaweeds
5.7 Carrageenan-Containing Seaweeds

6 Global Commercial Seaweeds Market, By Form

7 Global Commercial Seaweeds Market, By Method of Harvesting

8 Global Commercial Seaweeds Market, By Application
8.1 Introduction
8.2 Agriculture
8.3 Feed
8.4 Food
8.4.1 Dairy Products
8.4.2 Confectionery Products
8.4.3 Meat & Poultry Products
8.4.4 Bakery Products
8.4.5 Other Foods
8.4.5.1 Soups
8.4.5.2 Beverages
8.4.5.3 Salads
8.5 Fertilizers
8.6 Other Applications
8.6.1 Pharmaceuticals
8.6.2 Biomass For Fuel
8.6.3 Wastewater Treatment
8.6.4 Cosmetics
8.6.5 Integrated Aquaculture

9 Global Commercial Seaweeds Market, By Geography

10 Key Developments
10.1 Agreements, Partnerships, Collaborations and Joint Ventures
10.2 Acquisitions & Mergers
10.3 New Product Launch
10.4 Expansions
10.5 Other Key Strategies

11 Company Profiling

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This release was published on openPR.