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Commercial Seaweeds Market is Expected to Reach US$ 31.0 Billion by 2027: IMARC Group

02-21-2023 10:10 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: IMARC Group

Commercial Seaweeds Market

Commercial Seaweeds Market

According to the latest report by IMARC Group, titled "Commercial Seaweeds Market: Global Industry Trends, Share, Growth, Opportunity and Forecast 2022-2027,"the global commercial seaweeds market reached a value of US$ 17.7 Billion 2021. Looking forward, IMARC Group expects the market to reach US$ 31.0 Billion by 2027, exhibiting a CAGR of 9.71% during 2022-2027.

Commercial seaweeds, also known as macroalgae, are marine plants and algae that are grown in lakes, oceans, and rivers. They are a rich source of proteins, vitamins, minerals, and fibers and have anti-inflammatory and anti-microbial properties. They are widely available in brown, red, and green color and in power, flakes, and liquid form. They are utilized in the treatment of malignant tumors, leukemia, and breast cancer among individuals. As a result, they are employed in the cosmetics, food and beverage (F&B), pharmaceutical, and agricultural industries across the globe.              

Commercial Seaweeds Market Trends:

At present, the increasing demand for commercial seaweeds as a fertilizer in the effective cultivation of fruits and vegetables represents one of the key factors contributing to the market growth. Besides this, the rising demand for commercial seaweeds as they enhance microbiology, increase moisture-holding capacity, and boost soil structure, is strengthening the market growth. Apart from this, the rising demand for commercial seaweeds in cosmetic products, such as body lotions and creams, is propelling the growth of the market. Moreover, the increasing consumption of plant-based products among individuals due to the rising adoption of veganism around the world is bolstering the growth of the market. Furthermore, the growing utilization of commercial seaweeds to produce hydrocolloids, such as agar, alginate, and carrageenan, which are used to thicken aqueous solutions, is offering a positive market outlook.  

Request Free Sample Report: https://www.imarcgroup.com/commercial-seaweeds-market/requestsample

Global Commercial Seaweeds Market 2022-2027 Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Acadian Seaplants Limited
Algaia SA (Maabarot Products Ltd.)
Biostadt India Limited
BrandT Consolidated Inc.
Cargill Incorporated
COMPO Expert GmbH
CP Kelco U.S. Inc. (J.M. Huber Corporation)
DuPont de Nemours Inc.
Gelymar S.A.
Indigrow Ltd.
Lonza Group AG
Seasol International Pty. Ltd.
TBK Manufacturing Corporation.

The report has segmented the market on the basis on on region, product, form and application.

Breakup by Product:

Brown Seaweeds
Red Seaweeds
Green Seaweeds

Breakup by Form:

Liquid
Powdered
Flakes

Breakup by Application:

Agriculture
Animal Feed
Human Consumption
Others

Breakup by Region:

North America: (United States, Canada)
Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America: (Brazil, Mexico Others)
Middle East and Africa

Key highlights of the report:

Market Performance (2016-2021)
Market Outlook (2022- 2027)
Porter's Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape

Ask Analyst and Browse Full Report with TOC & List of Figure: https://www.imarcgroup.com/commercial-seaweeds-market

Note: We are in the process of updating our reports. If you want to receive the latest research data covering the time period from 2023 to 2028, along with industry trends, market size, and competitive analysis, click on the request sample report. The team would be able to deliver the latest version of the report in a quick turnaround time.

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

Related Reports By IMARC Group:

Ferroelectric ram market: https://www.openpr.com/news/2923107/ferroelectric-ram-market-report-global-forecast-2022-2027

Europe Ceramic Tiles Market: https://www.openpr.com/news/2920775/europe-ceramic-tiles-market-size-share-analysis-and-forecast

India Dental Implants Market: https://www.openpr.com/news/2920895/india-dental-implants-market-size-share-and-growth-report

Africa Non-Alcoholic Beverages Market: https://www.openpr.com/news/2924777/africa-non-alcoholic-beverages-market-report-2022-2027

Dairy Industry in Gujarat: https://www.openpr.com/news/2924809/dairy-industry-in-gujarat-market-size-growth-2022-2027

Contact Us

IMARC Group
Email: sales@imarcgroup.com
USA: +1-631-791-1145 | Asia: +91-120-433-0800
Address: 134 N 4th St. Brooklyn, NY 11249, USA
Website: https://www.imarcgroup.com
Follow us on Twitter: @imarcglobal
Linkedin: https://www.linkedin.com/company/imarc-group

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high-technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

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