Commercial Seaweed Market Revenue, Sales Volume & Trend Forecasts Report, 2019-2026

By Product (Red, Green, Brown), By Form (Wet, Dry), By End User (Food, Animal Feed, Pharma & Personal Care, Biofuels), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Italy, Norway, Ireland, China, India, Japan, Indonesia, South Korea, Thailand, Brazil, Chile, South Africa, Saudi Arabia, Oman, UAE)

  • Report ID : MD1343
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  • Pages : 199
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  • Tables : 99
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  • Formats :

Commercial Seaweed market revenue is estimated to be $XX Billion in 2019 and shall grow with a CAGR of XX.X% during the forecast period of 2019 to 2026.
 commercial seaweed market
 
The common name of marine plants and algae that grow in water bodies such as oceans, rivers, and lakes are called Seaweed. The process with which seaweed is grown and harvested in a controlled environment results in the production of Commercial Seaweed. Similarly, other forms of marine life are cultivated in artificially created water bodies.
 
 
Analysis by Product
The three forms of seaweed are Red seaweed, Green seaweed & Brown seaweed. The primary applications of red seaweed are as food, agar & carrageenan. They are characterized by a small length and are expected to have good growth in the forecasted time. On the other hand, brown seaweed have a relatively long length and are used to extract alginates. The trade volumes of both the products are showing excellent signs of growth.
 
 
Analysis by Form
Based on this criteria, seaweeds are of two kinds: Wet and Dry. The wet form of seaweed is utilized in the form of salads, curd soups, and seasoned snacks. The wet form has a huge market share and will continue to be competitive. In contrast, dry seaweed comprises flakes, seaweed chips and are usually mixed with pesto, mustard and sea salt. This form, too, has its market dominance and will continue to perform well.
 
 
Analysis by End-use
The broad categories of the end-use of seaweed are as follows: Food, Animal feed, Personal Care & Pharma, Biofuels and others. Animal feed is a promising end-use of seaweed and is headed for an increase in the market share owing to fresh upcoming demand. This is because it contains significant amounts of essential vitamins and minerals for livestock. Governments all across the globe are appreciating the benefits of Biofuels over fossil fuels. Seaweed is used as a feedstock in the Biofuel manufacturing process. Rising demand for Biofuels will rocket the consumption of seaweed as well. Favorable government policies will aid the industry.
 
 
Analysis by Region
The Asia-Pacific region will remain a dominating consumption center for seaweed. Of particular mention are China, South Korea, and Japan. The food patterns in these countries dictate a large pull of seaweed sales. Additionally, the growing population in these areas furthers the brilliant market potential for this product. Moreover, the governments’ in these regions are also actively seeking to increase seaweed cultivation.
 
On the other side of the planet, Pharmaceutical applications of seaweed are on a rise in North America. This region accounted for 50% of the global pharmaceutical market and is thus a hot-spot for seaweed trade. Significant investments and R&D efforts will further the growth of this industry.
 
 
Analysis by Market
The bullish stance by major players in this industry augurs well for growth. Some prominent companies include Seasol International, CP Kelco, Yan Cheng Hairui Food Co. They are working on expanding their production capacity with the introduction of new and improved fixed assets into the business. A few Mergers & Acquisitions have also begun to make synergy in a rapidly advancing industry.
 
 
COVERAGE HIGHLIGHTS       
●    Market Revenue Estimation and Forecast (2019 – 2026)
●    Market Production Estimation and Forecast (2019 – 2026)
●    Market Sales/Consumption Volume Estimation and Forecast (2019 – 2026)
●    Breakdown of Revenue by Segments (2019 – 2026)
●    Breakdown of Production by Segments (2019 – 2026)
●    Breakdown of Sales Volume by Segments (2019 – 2026)
●    Gross Margin and Profitability Analysis of Companies
●    Business Trend and Expansion Analysis
●    Import and Export Analysis
●    Regional Analysis and Market Data Breakdown
 
 
MARKET SEGMENTATION
 
By Product Outlook ($Revenue and Unit Sales, 2019-2026)
•    Red
•    Green
•    Brown
 
 
By Form Outlook ($Revenue and Unit Sales, 2019-2026)
•    Wet
•    Dry
 
 
By End-use Outlook ($Revenue and Unit Sales, 2019-2026)
•    Food
•    Animal feed
•    Pharma & Personal care
•    Biofuels
•    Others
 
 
By Regional Outlook ($Revenue and Unit Sales, 2019-2026)
•    USA
•    Canada
•    Germany
•    UK
•    France
•    Italy
•    Norway
•    Russia
•    China
•    India
•    Japan
•    South Korea
•    Thailand
•    Indonesia
•    Malaysia
•    Brazil
•    Chile
•    South Africa
•    Saudi Arabia
•    UAE
•    Oman
 
Market Players
•    Seasol International
•    Indigrow Ltd.
•    CP Kelco
•    Chase Organics GB Ltd.
•    Yan Cheng Hairui Food Co. Ltd.
•    Arcadian Seaplants Ltd.
•    Mara Seaweed
•    Pacific Harvest
•    BIOSTADT INDIA LIMITED
•    Aquatic Chemicals
•    Algea AS
•    W Hydrocolloids Inc.
•    Qingdao Seawin Biotech Group Co. Ltd.
•    Marcel Carrageenan
•    FMC BioPolymer AS

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