Commercial Seaweed Market to Make Great Impact in near Future by 2029 | DowDuPont Inc., Cargill Inc., CP Kelco. etc.

The presence of various nutritional and medicinal properties in seaweed is likely to boost the overall commercial seaweed market by 2X.

While seaweeds are mostly grown in coastal regions, their increasing end use is promoting the cultivation of seaweed in other regions such as Europe and North America. Regulatory authorities like WHO and FAO have approved the use of seaweed in infant formula.

To get in-depth information view the report @ https://www.factmr.com/report/4493/commercial-seaweed-market

The use of seaweed in agriculture as a fertilizer is also going to bring in exponential growth in the foreseeable future.

Companies are investing large sums of money in seaweed extracts for their cosmetics and personal care products range.

With these projections in mind, Fact.MR says that the global commercial seaweed market is forecasted to account for an absolute dollar opportunity of ~US$ 15 Bn between 2019 and 2029.

Key Takeaways of Commercial Seaweed Market

APAC accounts for 70% share in global Commercial Seaweed market, and is expected to present an ongoing growth trend.

Europe and North America collectively are expected to grow the fastest among other regions and are anticipated to grow 1.7X in terms of value in 2019 owing to abundant government grants.

The use of Carrageenan from red seaweed in infant supplements is likely to create new revenue streams.

Know the COVID-19 Impact, Request for Sample @ https://www.factmr.com/connectus/sample?flag=S&rep_id=4493

Red seaweed is expected to acquire more than 50% market share among other seaweed types during the forecast period.

Emerging economies like China, India, and Indonesia are key producers of seaweed.
The inherent properties of seaweed are benefitting various industries in their purest form.

The direct consumption and increased applications will attract players to reap benefits in the long term, while the erratic production and supply owing to environmental factors will affect the pricing of seaweed in the market. - says the Fact.MR analyst

Commercial Seaweed Manufacturers Eyeing Potential Markets for Revenue Generation

Currently, the commercial seaweed market is consolidated in East Asia and South Asia, as a large number of players have originated from this region. The growing demand for seaweed is encouraging manufacturers to increase their reach and product portfolio in the global market.

Share Your Requirements & Get Customized Reports @ https://www.factmr.com/connectus/sample?flag=RC&rep_id=4493

Europe is an emerging region as approved applications of seaweed in pharmaceuticals and food and beverage industry are increasing. The recent past states that Europe imports about 40% of total seaweed from Indonesia.

Inconsistent production is affecting the price of seaweed which in turn is pushing more players to enter the commercial seaweed market space to bring in regularity in production and supply.

The trend for organic and natural products is likely to give a rise to marine extract ingredients in cosmetics, health supplements and others.

Find More Valuable Insights on Commercial Seaweeds Market

Fact.MR, in its new offering, brings to fore an unbiased analysis of the global commercial seaweed market, presenting historical demand data (2014-2018) and forecast statistics for the period, 2019-2029.

Buy Now for Exclusive Analyst Support @ https://www.factmr.com/checkout/4493/S

The study divulges compelling insights on the Commercial Seaweeds market on the basis of product type (Red, Brown, and Green), Form (Liquid, Powder), and End user (Direct Consumption, Textile, Food Additive, Pharma & Personal Care, Paper, Animal Feed, Fertilizers) across six regions.

Visit Our Website: https://www.factmr.com
Research Insight: https://www.factmr.com/report/4493/commercial-seaweed-market
Content Source: https://www.factmr.com/media-release/1273/global-commercial-seaweed-market

Contact:
US Sales Office :
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
E-Mail: sales@factmr.com

Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates

About Fact.MR
Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. We have offices in US and Dublin, whereas our global headquarter is in Dubai. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Reach out to us with your goals, and we’ll be an able research partner.

This release was published on openPR.