Press release
Worldwide Seaweed Industry is Expected to Reach at a CAGR over 7.5% During the Period 2017-2023
Global Seaweed Market Information- By Type (Brown Seaweed, Green Seaweed, Red Seaweed), By Form (Powder, Liquid, Flakes, Others), By End Use (Textile Industry, Food, Paper and Pulp, Welding Rods, Pharmaceuticals, Personal Care products, Others), and By Region Forecast to 2023Seaweed are defined as macroscopic and multicellular marine algae which are used to extract many important gums and are present globally. Seaweed are mainly used in cosmetics, in paints and also for the manufacture of adhesives. Seaweed are also used dyes, gels and in textile and paper industries. Seaweed are available in various forms and their extracts are used widely across the food industries. Seaweeds are rich source of calcium, vitamin K and Iron which makes its consumption more beneficial as it provides several health benefits.
Increase in demand for natural food extracts imparting health benefits is likely to drive the market for seaweed. High demand for nutritional foods and alginates in food products is influencing the growth of seaweed market as a key ingredient. Seaweed is not only used in food industries but also have a wide applications in pharmaceutical industries based on the anti-cancer property of the product. Advancement in technology in the food sector has supported in fueling up the market share by extraction and consumption of beneficial compounds of seaweed.
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Downstream analysis-
Red seaweed is evaluated to increase at higher rate based on its high vitamin and mineral concentration. Red seaweed also helps in regulating the blood sugar level of the body. Based on the form of seaweed, the share held by liquid followed by powder form is found to escalate due to convenience usage and high shelf-life. Based on the end use application of the product, food industries followed by application in personal care products is found to be dominating the segment. In addition, based on the changing life-style in various regions, the sale of the product in various developed countries is found to be rising.
Competitive analysis-
The major key players in Seaweed market are
• Cargill Foods (U.S.)
• L.Thomas and Co., Inc (U.S.)
• Ingredients Solutions, Inc. (U.S.)
• Snap Alginates (India)
• Polygal Ag (Switzerland)
• Arthur Branwell & Co., Ltd (U.K.)
• Kimica Alginates (Japan)
Food manufacturers across various regions follow the strategy of improving their existing product line as well as to add more nutritional value to their products to expand their business. This is one of the major factors due to which the demands of Seaweed as a potential food additive is experiencing a surge. In the Asia-Pacific region, Japan is amongst the dominating countries holding a major share in Seaweed market and exports the product in various other countries which include U.S., China, Thailand, Hong Kong, Netherlands and others.
Regional Analysis
The Global Seaweed Market is segmented into North America, Europe, Asia Pacific, and rest of the world (ROW). Asia Pacific region holds a major market share followed by North America. The high demands for Seaweed and Seaweed as a key ingredient from the developed countries of these regions is contributing to the positive growth of Seaweed market. Rising consumption of natural and unprocessed food products is supporting the growth of the market in developed countries of North America and Europe region. Thailand, Japan, China, Australia and U.S. are the major importers of Seaweed.
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The Global Seaweed Market is segmented under the following regions mentioned below:
North America
• U.S.
• Canada
• Mexico
Europe
• Germany
• France
• Italy
• Spain
• U.K.
• Rest of Europe
Asia-Pacific
• China
• India
• Australia
• Japan
• Rest of Asia Pacific
Rest of the world
• Brazil
• Argentina
• Saudi Arabia
• South Africa
• Others
The report for Global Seaweed Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different markets segments and regions.
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Table of Content
1 Executive Summary
2 Market Introduction
2.1 Definition
2.2 Scope of the study
2.2.1 Research Objectives
2.2.2 Assumptions
2.2.3 Limitations
2.3 Markets Structure
2.4 Stakeholders
3 Research methodology
3.1 Research Methods
3.1.1 Primary research
3.1.2 Secondary research
3.2 Forecast model
3.3 Market Size estimation
4 MARKET DYNAMICS
4.1 Introduction
4.1.1 Trends in Supply/Production
4.1.2 Trends in Demand/Consumption
4.1.3 Value chain analysis
4.1.4 Porter’s five forces
4.1.5 Supply Chain Analysis
4.1.6 Macroeconomic indicators Analysis for top 5 Producing countries
5 MARKET TRENDS
5.1 Consumer Trends
5.2 Feedstock Analysis
5.3 Trends in Production and Consumption
5.4 Trade (Import-export) Analysis
6. GLOBAL SEAWEED MARKET-By Type
6.1 Introduction
6.2 Market size (sub segments)
6.2.1 Brown Seaweed
6.2.2 Green Seaweed
6.2.3 Red Seaweed
7. GLOBAL SEAWEED MARKET- By Form
7.1 Introduction
7.2 Market size (sub segments)
7.2.1 Powder
7.2.2 Liquid
7.2.3 Flakes
7.2.4 Others
8. GLOBAL SEAWEED MARKET-By End Use
8.1 Introduction
8.2 Market size (sub segments)
8.2.1 Textile Industry
8.2.2 Food
8.2.3 Paper and Pulp
8.2.4 Welding Rods
8.2.5 Pharmaceuticals
8.2.6 Personal Care products
8.2.7 Others
9. MARKET -By Region
9.1 Introduction
9.2 North America
9.2.1 U.S.
9.2.2 Canada
9.2.3 Mexico
9.3 Latin America
9.3.1 Brazil
9.3.2 Argentina
9.4 Europe
9.4.1 Germany
9.4.2 France
9.4.3 Italy
9.4.4 U.K.
9.4.5 Spain
9.4.6 Rest of Europe
9.5 Asia– Pacific
9.5.1 China
9.5.2 India
9.5.3 Australia
9.5.4 Rest of Asia-Pacific
9.6 RoW
9.6.1 Egypt
9.6.2 South Africa
9.6.3 Others
10. Competitive landscape
10.1 Introduction
10.2 Product Launch/Development
10.3 Partnerships and Collaborations
10.4 Acquisitions
10.5 Business Expansion
11. COMPANY PROFILES
11.1 Cargill Foods (U.S.)
11.2 P.L.Thomas and Co., Inc (U.S.)
11.3 Ingredients Solutions, Inc. (U.S.)
11.4 Snap Alginates (India)
11.5 Polygal Ag (Switzerland)
11.6 Arthur Branwell & Co., Ltd (U.K.)
11.7 Kimica Alginates (Japan)
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
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In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
Akash Anand
P: +1 646 845 9312
W: www.marketresearchfuture.com
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