Global Commercial Seaweeds Market to Grow at 9.66% During 2023-2028, Bolstered by Growing Industrial Applications

August 10, 2021 | Food & Beverages

The latest report by IMARC Group, titled “Commercial Seaweeds Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” finds that the global commercial seaweeds market size reached US$ 19.5 Billion in 2022. Seaweeds are multicellular, macroscopic marine species that are consumed and used to preparedifferentcuisines. They are sea vegetables consisting of various essential nutrients such as vitamins, antioxidants, fiber, iodine, tyrosine, riboflavin, thiamine, iron, manganese, copper, omega-3 fatty acid, and vitamin B12. Seaweeds are also known to minimize the risk of heart diseases and lifestyle-related diseases, such as diabetes, thyroid, and obesity, promote gut health, and reduce blood cholesterol levels. Consequently, seaweeds find applications in numerous commercial applications in theagriculture, animal feed, nutraceuticals, and pharmaceutical industries.

Global Commercial Seaweeds Market Trends:

The global commercial seaweeds market is primarily driven by the increasing health consciousness among consumers who are incorporating seaweed in their daily diet. The market is also fueled by the increasing application of commercial seaweeds in diverse industries. They are used to manufacture various personal care products such as creams, moisturizers and face packs. In the food and beverage (F&B) industry, seaweed extract is employed as a thickening and gelling agent to prepare various foods and snacks. Besides this, seaweeds act as a soil conditioner and can be applied directly or watered around the root areas due to their high fiber content. Moreover, the rising investments in the production of animal feed and natural fertilizers from seaweeds, along with the increasing environmental concerns and stringent fuel and emission standards implemented by governments of various countries, are escalating the demand for commercial seaweeds. Looking forward, the market is expected to exhibit a CAGR of 9.66% during the forecast period (2023-2028).

Market Summary:

Based on the product, the market has been segmented into brown, red, and green seaweeds.
On the basis of the form, the market has been classified into liquid, powdered, and flakes.
The market has been categorized based on the application into agriculture, animal feed, human consumption, and others.
Region-wise, the market has been divided into North America (the United States and Canada), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others), Latin America (Brazil, Mexico, and others), and Middle East and Africa.
The competitive landscape of the market has been examined, with some of the key players being Acadian Seaplants Limited, Algaia SA (Maabarot Products Limited), 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 Limited, Lonza Group AG, Seasol International, and TBK Manufacturing Corporation.

Report Scope:

Report Features	Details
Base Year of the Analysis	2022
Historical Period	2017-2022
Forecast Period	2023-2028
Units	US$ Billion
Segment Coverage	Product, Form, Application, Region
Region Covered	Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered	United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered	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
Customization Scope	10% Free Customization
Report Price and Purchase Option	Single User License: US$ 2499 Five User License: US$ 3499 Corporate License: US$ 4499
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us

IMARC Group
30 N Gould St, Ste R
Sheridan, WY (Wyoming) 82801 USA
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

Need more help?

Speak to our experienced analysts for insights on the current market scenarios.
Include additional segments and countries to customize the report as per your requirement.
Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
For further assistance, please connect with our analysts.

Global Commercial Seaweeds Market to Grow at 9.66% During 2023-2028, Bolstered by Growing Industrial Applications

Purchase options Year End sale

Single User License ~~$2499~~ $2249
Five User License ~~$3499~~ $2974
Corporate License ~~$4499~~ $3599

Inquire Before Buying

Benefits of Customization

Personalize this research

Triangulate with your data

Get data as per your format and definition

Gain a deeper dive into a specific application, geography, customer, or competitor

Any level of personalization

Speak to an Analyst

Request Brochure

Get in Touch With Us

UNITED STATES

Phone: +1-631-791-1145

INDIA

Phone: +91-120-433-0800

UNITED KINGDOM

Phone: +44-753-713-2163

Email: sales@imarcgroup.com

Client Testimonials

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

The IMARC team was very reactive and flexible with regard to our requests. A very good overall experience. We are happy with the work that IMARC has provided, very complete and detailed. It has contributed to our business needs and provided the market visibility that we required

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.