Commercial Seaweeds Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Commercial Seaweeds Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

  • November 2021 •
  • 142 pages •
  • Report ID: 6185565 •
  • Format: PDF
The global commercial seaweeds market grew at a CAGR of around 8% during 2015-2020.

Looking forward, the analyst expects the market to exhibit moderate growth during the next five years. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

Commercial seaweeds are bioresources or macroalgae attached to hard substrata in lakes, rivers, oceans and other water bodies. They are widely used to produce water-soluble carbohydrates, also known as hydrocolloids, which further find extensive applications in the food and beverage (F&B) industry to increase the viscosity of aqueous solutions. They also aid in improving the skin moisture retention properties of cosmetic products, such as creams and lotions. Moreover, due to the high fiber content, commercial seaweeds act as a soil conditioner and can be applied directly or watered around the root areas.

Commercial Seaweeds Market Trends:
A global rise in the demand for commercial seaweeds can be attributed to the growing popularity of organic farming and their increasing utilization in the production of natural fertilizers. Moreover, the growing food and beverage (F&B) industry is increasing the adoption of commercial seaweeds to stabilize ice cream and form gels and water-soluble films. They are further utilized in the manufacturing of pharmaceutical products for rheumatism and osteoporosis. Apart from this, as seaweeds can absorb heavy metal ions like zinc and cadmium from polluted water, they are gaining traction in wastewater treatment across the globe. Furthermore, several ongoing projects are in the process of finding a suitable way to use and ferment large quantities of commercial seaweeds in the ocean and generate methane gas. Besides this, the increasing environmental concerns and stringent fuel and emission standards established by governments of various countries are anticipated to escalate the demand for methane gas as biofuel in the automotive industry.

Key Market Segmentation:
the analyst provides an analysis of the key trends in each sub-segment of the global commercial seaweeds market, along with forecasts at the global, regional and country level from 2021-2026. Our report has categorized the market based on region, product, form and application.

Breakup by Product:
Brown Seaweeds
Red Seaweeds
Green Seaweeds

Breakup by Form:

Breakup by Application:
Animal Feed
Human Consumption

Breakup by Region:
North America
United States
South Korea
United Kingdom
Latin America
Middle East and Africa

Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Acadian Seaplants Limited, Algaia SA (Maabarot Products Ltd.), Biostadt India Limited, BrandT Consolidated Inc., Cargill Incorporated, COMPO Expert GmbH, CP Kelco U.S. Inc. (J.M. Huber Corporation), DuPont de Nemours Inc., Gelymar S.A., Indigrow Ltd., Lonza Group AG, Seasol International Pty. Ltd. and TBK Manufacturing Corporation.

Key Questions Answered in This Report:
How has the global commercial seaweeds market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global commercial seaweeds market?
What are the key regional markets?
What is the breakup of the market based on the product?
What is the breakup of the market based on the form?
What is the breakup of the market based on the application?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global commercial seaweeds market and who are the key players?
What is the degree of competition in the industry?