Commercial Seaweeds Market, By Type (Brown, Red, Green, Alginate-Containing, Agar-Containing, Carrageenan-Containing Seaweeds), By Form (Liquid, Powdered, Flakes), By Application (Direct Food, Textile, Food Additive, Pharma & Medical, Paper, Animal Feed, Fertilizer, Others), By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)– Industry Trends and Forecast to 2025
Pune, India -- (SBWIRE) -- 06/26/2018 -- Global Commercial Seaweeds Market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of commercial seaweeds for global, Europe, North America, Asia Pacific and South America.
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Global Commercial Seaweeds Market is expected to reach USD 22.32 billion by 2025, from USD 13.90 billion in 2017, growing at a CAGR of 9.3% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
Market Definition: Global Commercial Seaweeds Market
Seaweeds are nutrients with variety of health benefits. Commercial seaweeds are type of micro algae found in artic or tropical cold water bodies. The health benefits from the seaweeds include digestive health, cholesterol-lowering effects and weight loss. These are rich in vitamins and mineral content which makes it applicable in various fields of food, healthcare and personal care products. The commercial seaweeds are harvested in about 35 countries. It is highly consumed by Japan, China and Republic of Korea. According to Food and Agriculture Organization (FAO), China is the largest producer of edible seaweeds, harvesting about 5 million wet tonnes. The rising demands of seaweeds are inclined to various techniques. For instance, in May 2017, a new cultivation vessel for commercial seaweed production is being developed by researchers in Trondheim. This is being achieved in collaboration with business partners from a variety of sectors and mainly SINTEF Ocean.
Global Commercial Seaweeds Market: Major Market Competitors/Players
- I. Dupont De Nemours and Company,
- Cargill Incorporated,
- Roullier Group,
- Compo Gmbh & Co. Kg,
- Biostadt India Limited,
- Acadian Seaplants Limited,
- Brandt,
- CP Kelco,
- Gelymar,
- Seasol International Pvt. Ltd,
- Aquatic Chemicals,
- Algea AS,
- Yan Cheng,
- Pacific Harvest,
- Chase Organics GB Ltd.,
- Mara Seaweed,
- CEAMSA,
- The Cornish Seaweed Company,
- Leili Group,
- Irish Seaweeds,
- Qingdao Gather Great Ocean Algae Industry Group (GGOG),
- Annie Chun's,
- Chase Organics,
- GimMe Health Foods,
- Maine Coast Sea Vegetables,
- Ocean Harvest Technology,
- Seagreens,
- SeaSnax, among others.
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Market Segmentation: Global Commercial Seaweeds Market
The commercial seaweeds market is segmented on the basis of type, form and application.
The market is segmented on the basis of type into brown seaweeds, red seaweeds, green seaweeds, alginate-containing seaweeds, agar-containing seaweeds, and carrageenan-containing seaweeds.
The market is segmented on the basis of form into liquid, powdered and flakes.
The market is segmented on the basis of application into direct food, textile, food additive, pharma & medical, paper, animal feed, fertilizer and others.
Based on geography the global commercial seaweeds market report covers data points for 28 countries across multiple geographies namely North America & South America, Europe, Asia-Pacific and, Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa and, Brazil among others.
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