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Global Commercial Seaweed Market Size is expected to reach a value of USD37.8 billion by 2028, at a CAGR of 10.7% over the forecast period (2022 – 2028)

The Global Commercial Seaweed Market was valued at USD 18.4 billion in 2021, and it is expected to reach a value of USD37.8 billion by 2028, at a CAGR of 10.7% over the forecast period (2022 – 2028). The study offers a current market analysis of the Commercial Seaweed market, including the latest trends, drivers, and market environment.

The use of hydrocolloids like carrageenan, alginate, and agar in food, animal feed, pharmaceuticals, and other sectors has expanded during the past several years. The demand for commercial seaweed has increased as a result, and algae production has increased. Additionally, the health advantages of doing so are influencing consumers to incorporate macro algae products into their normal diets. Methane is produced during the fermentation process with the assistance of microbes. Methane gas is thus produced and utilized to power gas engines, which in turn produce electricity. Furthermore, a range of calibers is made available by the co-extrusion process used with commercial seaweed. Improvements to preservatives, thickeners, and gums have been made possible by key industry participants’ ongoing R&D investments. Due to significant developments in the possible uses for seaweed, the market is anticipated to expand more swiftly between 2020 and 2028.

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Read the market research report, ” Global Commercial Seaweed Market By Type (Red Seaweed, Brown Seaweed, Green Seaweed, Other ), By Form (Powder, Flakes, Liquid ), By End-Uses (Food and Beverage, Agriculture, Animal Feed Additives, Pharmaceuticals and Cosmetics, Personal Care ) & By Region – Forecast and Analysis 2022-2028” by SkyQuest

By 2026, Asia Pacific will hold the largest market share for commercial seaweed, with a value of USD 10.73 billion. The region’s macroalgae market is expanding as a result of rising food service demand. In the next years, market growth is also anticipated to be fueled by consumers’ growing preference for plant-based cosmetics and personal care products. Considering the region’s growing preference for plant-based goods, North America is predicted to increase significantly. North America was controlled by the U.S. seaweed market. The demand for plant proteins across a variety of food products has grown due to the expanding popularity of vegan and vegetarian diets in the area.

The region’s algae cultivation and harvesting market is anticipated to rise as a result of ongoing breakthroughs and technological advances. In comparison to other areas, the European market is anticipated to have consistent expansion. Chlorella and spirulina, two edible seaweeds, are helping Europe profit from the growing demand for plant-based proteins. Diverse seaweed pharmaceutical industry providers from the emerging nations of APAC are taking advantage of the need for high-quality and natural supplements in the area. The Middle East and Africa’s market is still in their infancy. One of the key aquaculture products in South Africa is green algae. The market is anticipated to increase steadily due to the increasing demand for green algae.

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The report published by SkyQuest Technology Consulting provides in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions.

Report Scope & Segmentation

Report Attribute Details
Growth Rate CAGR of X % from 2021 to 2028
The base year for estimation 2021
Historical data 2016 – 2022
Forecast period 2021 to 2028
Report coverage Revenue forecast, volume forecast, company ranking, competitive landscape, growth factors, and trends, Pricing Analysis
Segments covered Type, Form, End-Uses
Regional scope North America, Europe, Asia-Pacific (APAC), Latin America (LATAM), Middle East & Africa (MEA)
Country scope the U.S., Canada, Germany, France, UK, Italy, Spain, China, India, Japan, Brazil, GCC Countries, South Africa
Key companies profiled
  • DowDuPont, Inc. (Delaware, U.S.)
  • Cargill, Inc. (Minnesota, U.S.)
  • J.M. Huber (New Jersey, U.S.)
  • Corbion N.V. (Netherlands)
  • Kerry Group Plc (Tralee, Ireland)
  • FMC Corporation (Pennsylvania, U.S.)
  • Acadian Seaplants Limited (Nova Scotia, Canada)
  • Gelymer S.A. (Santiago, Chile)
  • Ocean Harvest Technology Limited (Milltown, Ireland)
  • Roullier Group (Brittany, France)
Customization scope Free report customization (15% Free customization) with purchase. Addition or alteration to country, regional & segment scope.
Pricing and purchase options Reap the benefits of customized purchase options to fit your specific research requirements.

 

What does this Report Deliver?

  • Market Estimation for 20+ Countries
  • Commercial Seaweed Market demand by Region, Sub-Region, and Country
  • Customization on Segments, Regions, and Company Profiles
  • 100+ tables, 150+ Figures
  • Global, Regional, and Country-specific Commercial Seaweed Market Trends
  • Comprehensive Mapping of Commercial Seaweed Industry Parameters
  • Attractive Investment Proposition in the Global Commercial Seaweed Industry
  • Competitive Strategies Adopted by Commercial Seaweed Market Key Players
  • Drivers, Restraints, Opportunities, Challenges, and the impact on the Commercial Seaweed Market Size
  • Market growth rate till 2028
  • Regulatory scenario, regional dynamics, and Commercial Seaweed market insights of leading countries in each region
  • In-depth Market insights by Region and Country
  • Market Segmentation Trend Analysis, Opportunities, and Growth
  • Porter’s five force analysis to know the market’s condition
  • Pricing Analysis and Commercial Seaweed Market Sales
  • Parent market analysis
  • Product portfolio benchmarking

Speak with our analyst for more information: https://skyquestt.com/speak-with-analyst/commercial-seaweed-market 

SkyQuest has segmented the Global Commercial Seaweed Market based on Type, Form, End-Uses, and Region:

  • Global Commercial Seaweed Market by Type (Revenue, USD Billion, 2021 – 2028)
    • Red Seaweed
    • Brown Seaweed
    • Green Seaweed
    • Other
  • Global Commercial Seaweed Market by Form (Revenue, USD Billion, 2021 – 2028)
    • Powder
    • Flakes
    • Liquid
  • Global Commercial Seaweed Market by End-Uses (Revenue, USD Billion, 2021 – 2028)
    • Food and Beverage
    • Agriculture
    • Animal Feed Additives
    • Pharmaceuticals and Cosmetics
    • Personal Care
  • Global Commercial Seaweed Market By Region (Revenue, USD Billion, 2021 – 2028)
    • North America
      • US
      • Canada
    • Europe
      • Germany
      • France
      • UK
      • Italy
      • Spain
      • Rest of Europe
    • Asia Pacific
      • China
      • India
      • Japan
      • Rest of Asia Pacific
    • Central & South America
      • Brazil
      • Rest of CSA
    • Middle East & Africa
      • GCC Countries
      • South Africa
      • Rest of MEA

Key Players in the Global Commercial Seaweed Market

  • DowDuPont, Inc. (Delaware, U.S.)
  • Cargill, Inc. (Minnesota, U.S.)
  • J.M. Huber (New Jersey, U.S.)
  • Corbion N.V. (Netherlands)
  • Kerry Group Plc (Tralee, Ireland)
  • FMC Corporation (Pennsylvania, U.S.)
  • Acadian Seaplants Limited (Nova Scotia, Canada)
  • Gelymer S.A. (Santiago, Chile)
  • Ocean Harvest Technology Limited (Milltown, Ireland)
  • Roullier Group (Brittany, France)

About Us:

SkyQuest Technology is leading growth consulting firm providing market intelligence, commercialization and technology services. It has 450+ happy clients globally.

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