openPR Logo
Press release

Global Demand for Commercial Seaweed is Projected To Reach US$ 20.3 Billion By 2032

11-03-2022 07:21 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Fact.MR

Commercial Seaweed Market

Commercial Seaweed Market

The global commercial seaweed market is anticipated to expand at an average CAGR of 6.0% and touch a valuation of US$ 20.3 billion by the end of 2032, up from US$ 11.3 billion in 2022.

The seaweed industry holds multiple verticals and carries several varied applications in these verticals. Having so many applications all together expands the market size with the latest technological advancements getting installed in the production process. The rising demand for seafood from commercial entities such as food and beverage, pharmaceuticals, and the cosmetic sector.

๐ƒ๐จ๐ฐ๐ง๐ฅ๐จ๐š๐ ๐…๐ซ๐ž๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‚๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐“๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.factmr.com/connectus/sample?flag=S&rep_id=4493

As we discussed, Europe's blue economy shapes all sectoral and cross-sectoral economic activities that are related to the ocean, seas, and coasts. Therefore, smart specialization of any blue economy project becomes important. The rising popularity of seaweed has pushed the sector and has given birth to a more organized ocean-related business that helps the economy grow. The organized blue economy has pushed people to start new businesses around the ocean harvesting that includes Seawood agriculture.

Previously the market thrived with a CAGR of 5.6%. The covid-19 has taken a jibe on most of the markets related to consumables. Therefore, the commercial seaweed market slowed down during this period. Majorly used in garnishing curries, salad, and baked items, seaweed makes the food looks filling and attractive. Along with this, cost-effective harvesting procedures and the ease with which cultivated seaweed can be handled have boosted seaweed farming in important seaweed-producing countries.

๐Š๐ž๐ฒ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐ฌ ๐ข๐ง ๐‚๐จ๐ฆ๐ฆ๐ž๐ซ๐œ๐ข๐š๐ฅ ๐’๐ž๐š๐ฐ๐ž๐ž๐ ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก
๐๐ฒ ๐๐ซ๐จ๐๐ฎ๐œ๐ญ ๐“๐ฒ๐ฉ๐ž:
โ€ข Red Commercial Seaweed
โ€ข Green Commercial Seaweed
โ€ข Brown Commercial Seaweed

๐๐ฒ ๐…๐จ๐ซ๐ฆ:
โ€ข Liquid
โ€ข Powdered

๐๐ฒ ๐„๐ง๐ ๐”๐ฌ๐ž๐ซ:
โ€ข Retail/Direct Consumption
โ€ข Textile Processing
โ€ข Food Additives
โ€ข Pharma & Personal Care Ingredients
โ€ข Paper Manufacturing
โ€ข Animal Feed Ingredients
โ€ข Fertilizers

๐๐ฒ ๐‘๐ž๐ ๐ข๐จ๐ง:
โ€ข North America
โ€ข Latin America
โ€ข Europe
โ€ข APAC
โ€ข MEA

๐†๐ž๐ญ ๐‚๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐š๐ญ๐ข๐จ๐ง ๐จ๐ง ๐ญ๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐Ÿ๐จ๐ซ ๐’๐ฉ๐ž๐œ๐ข๐Ÿ๐ข๐œ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐’๐จ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง๐ฌ: https://www.factmr.com/connectus/sample?flag=RC&rep_id=4493

๐‡๐ข๐ ๐ก ๐๐ฎ๐ญ๐ซ๐ข๐ญ๐ข๐จ๐ง๐š๐ฅ ๐•๐š๐ฅ๐ฎ๐ž

Different varieties of seaweed contain multiple nutrients and minerals. A study shows that the consumption of marine alga boosts vitamins and minerals without adding many qualities. Other than these, seaweed provides a couple of elements

โ€ข Carbohydrates
โ€ข Protein
โ€ข Fiber
โ€ข Minerals
โ€ข Polyunsaturated Fatty Acids

๐–๐ก๐ฒ ๐ข๐ฌ ๐ญ๐ก๐ž ๐”๐ง๐ข๐ญ๐ž๐ ๐’๐ญ๐š๐ญ๐ž๐ฌ ๐ญ๐ก๐ž ๐‹๐š๐ซ๐ ๐ž๐ฌ๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ÿ๐จ๐ซ ๐‚๐จ๐ฆ๐ฆ๐ž๐ซ๐œ๐ข๐š๐ฅ ๐ฌ๐ž๐š๐ฐ๐ž๐ž๐?

The United States commercial seaweed market is valued at US$ 2.3 million in 2022 and is expected to reach USD 5.0 Billion by 2032.

The rising consumption of raw seaweed due to its health benefits, along with the rising vegan movement backed up by the superfood industry, has thrived the market in the region. People wanting to start a business are adopting the seaweed agricultural model. The different varieties of seaweed, along with sugar kelp, are grown on acres of land in the US. The hard of getting a permit is one barrier for seaweed cultivation enthusiasts.

The rising application of seaweed in pharmaceutical drug processing coupled with its use as a superfood has increased the demand for seaweed in the region while thriving at a CAGR of 6.5% between 2022 and 2032.

๐…๐ฎ๐ฅ๐ฅ ๐€๐œ๐œ๐ž๐ฌ๐ฌ ๐จ๐Ÿ ๐ญ๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐ˆ๐ฌ ๐€๐ฏ๐š๐ข๐ฅ๐š๐›๐ฅ๐ž ๐š๐ญ: https://www.factmr.com/checkout/4493

๐‚๐จ๐ฆ๐ฉ๐ž๐ญ๐ข๐ญ๐ข๐ฏ๐ž ๐‹๐š๐ง๐๐ฌ๐œ๐š๐ฉ๐ž

Key Commercial seaweed producers are undertaking research and development to provide all three varieties of seaweed. Better logistics programs to deliver fresh and organic seaweed to the end users is new strategy companies follow. Adopting organic procedure to get permits from the FDA to cultivate seaweed have also become important due to climate change compliances.

โ€ข In February 2021, Cargill Foods introduced a new seaweed powder food ingredient for food producers, increasing its line of label-friendly goods. The company claims to be the first in Europe to offer commercial-scale doses of the substance.
โ€ข Likewise, the National Algae Research Centre in New Zealand intends to jumpstart the country's commercial seaweed aquaculture industry.
โ€ข Pacific Harvest has launched the seaweed recipe portal where the end user can find different seaweed recipes.

๐Š๐ž๐ฒ ๐‚๐จ๐ฆ๐ฉ๐š๐ง๐ข๐ž๐ฌ ๐๐ซ๐จ๐Ÿ๐ข๐ฅ๐ž๐
โ€ข Indigrow Ltd.
โ€ข Seasol International
โ€ข Commercial Seaweed Energy Solutions A.S
โ€ข Chase Organics GB Ltd.
โ€ข Aquatic Chemicals
โ€ข Acadian Seaplants Ltd. (ASL)
โ€ข Pacific Harvest
โ€ข Mara Commercial Seaweed
โ€ข Algea A.S
โ€ข BIOSTADT INDIA LIMITED
โ€ข W Hydrocolloids, Inc.
โ€ข Marcel Carrageenan
โ€ข CP Kelco

๐…๐จ๐ซ ๐Œ๐จ๐ซ๐ž ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:

โ€ข https://www.prnewswire.com/news-releases/affordable-meal-packages-offered-by-fast-food-chains-to-push-processed-meat-market-demand-at-us-356-6-billion-by-2031--301603327.html
โ€ข https://www.prnewswire.com/news-releases/palm-oil-market-to-surpass-us-33-billion-by-2022-as-sales-in-foodservice-industry-reach-us-13-billion-by-2022-301603385.html
โ€ข https://www.prnewswire.com/news-releases/plant-based-yogurt-market-to-register-nearly-5-cagr-amid-growing-fad-of-veganism-among-millennials-301604231.html

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

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. 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 analysed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we'll be an able research partner.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Global Demand for Commercial Seaweed is Projected To Reach US$ 20.3 Billion By 2032 here

News-ID: 2792074 • Views: โ€ฆ

More Releases from Fact.MR

Insights into the Medical Gloves Market to Exceed US$ 27 Billion by 2034
04-19-2024 | Health & Medicine
Fact.MR
Insights into the Medical Gloves Market to Exceed US$ 27 Billion by 2034
The global medical gloves market (ๅŒป็™‚็”จๆ‰‹่ข‹ๅธ‚ๅ ด) is projected to reach a valuation of over US$ 27,141.5 million by 2034, growing from an estimated worth of US$ 11,299 million in 2024, with a forecasted compound annual growth rate (CAGR) of 9.2% until 2034. The increasing emphasis on hygiene and infection control, particularly in healthcare environments, is driving demand for medical gloves. This demand is further fueled by stringent regulations governing healthcare standards.โ€ฆ
Aerial Inspection Services Market is accelerate at a CAGR of 17.5% to top US$ 9.5 billion by 2033.
Aerial Inspection Services Market is accelerate at a CAGR of 17.5% to top US$ 9. โ€ฆ
The global Aerial Inspection Services is expected to reach a value of US$ 1.9 billion and is projected to grow at a compound annual growth rate (CAGR) of 17.5% over the next decade, reaching US$ 9.5 billion by 2033.Drone inspection services dominate this market, accounting for approximately 90.0% of the total aerial inspection services sector. Moreover, this segment represents a significant portion, around 25.0%, of the broader drone services market,โ€ฆ
Bioink Market Expected to Reach US$ 1.03 Billion by 2034 with 18.8% CAGR
04-19-2024 | Health & Medicine
Fact.MR
Bioink Market Expected to Reach US$ 1.03 Billion by 2034 with 18.8% CAGR
In 2024, the global bioink market (ใƒใ‚คใ‚ชใ‚คใƒณใ‚ฏๅธ‚ๅ ด) is estimated at US$ 185.6 million. Forecasts project a remarkable Compound Annual Growth Rate (CAGR) of 18.8%, catapulting the demand for bioinks to reach a substantial market value of US$ 1.03 billion by 2034. Recent years have witnessed a consistent rise in the necessity for organ replacements and tissue regeneration. Innovations in these fields are anticipated to facilitate the transformation of damaged tissues intoโ€ฆ
Bonded Magnet Market is forecast to reach a valuation of US$ 10.9 Billion by 2032
Bonded Magnet Market is forecast to reach a valuation of US$ 10.9 Billion by 203 โ€ฆ
The Bonded Magnet Market is currently valued at around US$ 5.1 billion, and it is expected to experience substantial growth in the coming years. Projections suggest that the market will reach a valuation of US$ 10.9 billion by 2032, growing at an impressive compound annual growth rate (CAGR) of 7.8% from 2022 to 2032. Bonded magnets play a significant role in the global magnet market, accounting for approximately 14% of itsโ€ฆ

All 5 Releases


More Releases for Commercial

Global Commercial Aircraft Market, Global Commercial Aircraft Industry, Covid-19 โ€ฆ
North America was the largest region in the global commercial aircraft market, accounting for 60% of the market in 2019. Asia Pacific was the second largest region accounting for 15% of the Global Commercial Aircraft Market. Eastern Europe was the smallest region in the global commercial aircraft market. Aircraft fleets in mature markets around the world are aging rapidly and with growing demand from airlines and fleet operators for fuel-efficient aircrafts,โ€ฆ
Commercial Vehicles Market Report 2018: Segmentation by Type (Light Commercial V โ€ฆ
Global Commercial Vehicles market research report provides company profile for Volkswagen, Honda, Nissan, Peuggeot, FIAT, Foton, Dongfeng Motor, BMW, Daimle, Toyota, General Motors, Ford and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025, etc. Theโ€ฆ
commercial refrigerator
"On the initiative of ลžeyda Yalรงฤฑn, buzrefrigeration which is based on Buzรงelik brand (1982); began to serve refrigeration sector to provide products and consultancy in Buzcelik Company located in Konya Industry Area. Our company, which owns commercial refrigerators, industrial cooling systems, shop and market equipments and commercial ovens, having developed its portfolio in a short time has delivered service quality to all world, especially Israel, England, Tunisia, Lebanon, France, Germany. " "Onโ€ฆ
Commercial Refrigeration Equipment Market : Demand for Commercial Refrigeration โ€ฆ
Commercial refrigeration equipment are refrigerators with remote or self-contained condensing units. These refrigerators are designed especially for commercial use with a wide range of temperature control (typically from -18ยฐC to +10ยฐC). Commercial refrigerators are largely used for food and beverage storage and merchandising purposes. Commercial refrigeration equipment is expected to witness strong demand globally, especially due to growing frozen and processed food consumption. Commercial refrigeration equipment is commonly used atโ€ฆ
Commercial Building Automation Market - Boosting the Commercial Building Automat โ€ฆ
One of the major factors driving the market for commercial building automation is increasing demand from key end user such as retail, healthcare, offices and hospitality sector among others. According to UNEP (United Nations Environment Program), buildings contribute to about one third of the total greenhouse gas emissions, mainly due to the usage of fossil fuels. In addition, a slow but gradual evolution of IoT sensors based technology has resultedโ€ฆ
CPR Commercial, LLC Announces Commercial Real Estate Distressed Solution Program
CPR Commercial, LLC is pleased to announce the CREDS, or Commercial Real Estate Distressed Solution program. This program is designed for distressed borrowers who desire to avoid foreclosure on the COMMERCIAL properties they own, OR who simply want out for personal reasons. According to Don McClain, President and CEO of CPR Commercial, the company will acquire the property via a short sale purchase transaction OR acquire the mortgageโ€ฆ