Commercial Seaweed Market has Tremendous Growth Segmented by CP Kelco, Seasol International, Chase Organics GB Ltd., Indigrow Ltd., Acadian Seaplants Ltd.

MarketStudyReport.com Adds New Global Commercial Seaweed Market 2017 – 2024 research report providing information and data by product, by form, by end user, industry analysis report, regional outlook, application growth potential, price trends, competitive market share & forecast spreading across 260 Pages with table and figures in it. 

Seaweeds are naturally-derived products, which has numerous health benefits. They can be differentiated by their color into red, green, and brown. They are cultivated in seas, and oceans, or in places where substantial amount of water is available. Due to the health benefits of seaweeds, their cultivation is increasing across the globe. Rising demand for seaweed products in the food industry, coupled with high production activities of hydrocolloids are anticipated to boost the growth of the market globally over the entire forecast period. Growing awareness of the health benefits of seaweed products primarily in Europe region, coupled with growing demand for seaweed foods in various delicacies are expected to boost the consumption of commercial seaweeds in this region.

Global Commercial Seaweed Market Size was estimated over USD 45 billion in 2016 and will exhibit growth by a CAGR of over 8% up to 2024.

The commercial seaweed’s demand is increasing over the years because of rise in demand from agars, alginate & carrageenan industry. These processed seaweeds in form of hydrocolloids find various applications such as meat & poultry processing, dairy, canned fish, desserts & jelly, along with in nonfood applications such as textiles, pharma & medical, pet food, textile printing, paper products & other industrial products. These products are gaining importance in Europe and Asia markets over the years because of its rising health benefits. Other applications of commercial seaweeds in end-user industries such as wastewater treatment and the generation of biofuels & cosmetics are further projected to boost the global demand for commercial seaweeds over the coming years.

Some of the major Commercial Seaweed market players includes: 

CP Kelco, Seasol International, Chase Organics GB Ltd., Indigrow Ltd., Acadian Seaplants Ltd., Yan Cheng Hairui Food Food Co., Ltd., Algea, Pacific Harvest, Mara Seaweed, Aquatic Chemicals, and others. 

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Scope of Report:

Global market is majorly restrained by the fluctuating prices of wet seaweeds, which are considered as the raw materials to produce seaweed products. The costs of wet seaweeds fluctuate regularly depending upon various factors, such as environment, over-production or shortage, or lack of proper distribution channels in a particular region. The production and distribution cost of wet seaweeds is very less globally. But the price rises exponentially according to applications with lowest price ranging from USD 1 per kilogram to highest at USD 2,000 to 5,000 per kilogram depending upon manufacturing process. 

Commercial Seaweed Market, By Form 

Commercial seaweeds in powder form is expected gain a higher acceptance over liquid seaweed in the global market. Powder seaweeds have end-use applications such as such as direct food, textile, food additives, pharma & medical, and others, thereby witnessing a growth rate of over 8% in the projected period. Commercial liquid seaweeds are expected to grow at a moderate CAGR, due to their limited applications in agriculture end-user industry, for the fertilizer spray production in the global commercial seaweed market. 

Commercial Seaweed Market, By Product 

Red seaweeds’ demand is predicted to increase at a higher CAGR, regarding both global market volume and revenue, over the projected period. Rising consumption of red seaweeds such as Dulse, and Nori in some of the countries of Asia Pacific for preparing soups, coupled with increasing applications in pharmaceutical (biological) end-user industry is further anticipated to spur the growth of red commercial seaweed market over the projected period.

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Commercial Seaweed Market, By End-User 

Seaweed-based animal feed improves the health of livestock, by increasing fertility, and milk production. Many companies are focusing on developing seaweeds as animal feed, and this might boost the product demand to produce animal feed till 2024. 

What Information does this report contain? 

What was the historic market data from 2013 to 2016, what is the industry growth forecast from 2017 to 2024? 
A detailed analysis of regulatory trends, growth drivers, industry pitfalls, challenges and opportunities for participants 
Which are the leading market products, applications & regions and how will they perform by 024? 
What are the technology & innovation trends, how will they evolve by 2024? 
Which companies lead the industry, how are they positioned in the market in terms of sustainability, competency, production capacity and strategic outlook?
For More Tactical Information: https://www.marketstudyreport.com/reports/commercial-seaweed-market/?utm_source=EMP-DC  

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