Latest Seaweed Cultivation Market Expected to Grow at 30.2 Billion In Revenue by 2025

Global Seaweed Cultivation Market to grow at a CAGR of around 12.6% during the forecast period. This market research report provides a comprehensive segmentation of the global Seaweed Cultivation Market by Type (Red, Brown, Green), Method of Harvesting (Aquaculture, Wild Harvesting), Form (Liquid, Powder, Flakes, Sheets), Application (Food, Feed, Agriculture, Pharmaceuticals). It outlines the market shares for key regions such as the Americas, APAC, Europe, and MEA.

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The Seaweed Cultivation Market size is estimated to be valued at USD 16.7 billion in 2020. It is projected to reach USD 30.2 billion by 2025, recording a CAGR of 12.6% during the forecast period, in terms of value. This report spread across 210 Pages, Profiling 20 Companies and Supported with 145 Tables and 52 figures are now available in this research.

Top Key Players Profiled in the Seaweed Cultivation Market:
• Cargill, Incorporated (US)
• DuPont (US)
• Groupe Roullier (France)
• CP Kelco U.S., Inc. (US)
• Acadian Seaplants (Canada)
• Qingdao Gather Great Ocean Algae Industry Group (China)
• Qingdao Seawin Biotech Group Co. Ltd. (China)
• Qingdao Bright Moon Seaweed Group Co. (China)
• Seaweed Energy Solutions AS (Norway)
• The Seaweed Company (Netherlands)
• Algea (Norway)
• Seasol (Australia)
• Gelymar (Chile)
• Algaia (France)
• CEAMSA (Spain)
• COMPO EXPERT (Germany)
• Leili (China)
• Irish Seaweeds (Ireland)
• AtSeaNova (Belgium)
• Mara Seaweed (Scotland)
• AquAgri Processing Pvt. Ltd. (India)
• Sea6 Energy (India)
• Symbrosia (US)
• ALGAplus (Portugal)
• Volta Greentech (Sweden)

Red seaweeds are the largest group of seaweeds that are directly consumed as food due to their high content of essential nutrients, such as vitamins, minerals, and antioxidants. As the red seaweeds are nutrition-dense, they are used mainly in various food products, such as soups, salads, snacks, and sushi.

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Seaweeds are mainly obtained from aquaculture and are used for the extraction and production of carrageenan and alginates. The rise in demand for aquaculture seaweeds as a raw material for the hydrocolloid industry to manufacture carrageenan, agar-agar, and alginates is projected to reflect overall market growth positively.

Breakdown of primary participants’ profile:
• By Company Type: Tier 1 - 25%, Tier 2 - 35%, and Tier 3 - 40%
• By Designation: C-level - 25%, D-level - 30%, and Manager-level - 45%
• By Region: North America - 17%, Europe - 28%, Asia Pacific - 33%, and RoW – 22%

Competitive Landscape of Seaweed Cultivation Market:
1 Overview
2 Market Ranking
2.1 Market Share Analysis
2.2 Market Evaluation Framework
3 Competitive Scenario
3.1 Expansions & Investments
3.2 Acquisitions
3.3 New Product Launches
3.4 Agreements, Joint Ventures, Collaborations, & Partnerships
4 Covid-19 Specific Company Response

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Research Coverage:
This report segments the seaweed cultivation market on the basis of type, application, form, method of harvesting, and key regions. In terms of insights, this research report focuses on various levels of analyses—competitive landscape, pricing insights, end-use analysis, and company profiles—which together comprise and discuss the basic views on the emerging & high-growth segments of the seaweed cultivation market, high-growth regions, countries, industry trends, drivers, restraints, opportunities, and challenges.

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This release was published on openPR.