Commercial Seaweed Market Size 2022: COVID-19 Impact Analysis by Business Opportunities, Applications
Global Commercial Seaweed Market size is projected to reach USD 27.07 Billion by 2028 from an estimated USD 16.23 Billion in 2021, growing at a CAGR of 7.58%.
Commercial Seaweeds is a mackerel, a seafood that is often eaten and used in the preparation of dishes. Commercial seaweed is a source of food for marine life and makes the colors red, green and brown. Seaweed contains antioxidants, fiber, iodine, tyrosine, riboflavin, thymine, iron, manganese, copper, omega-3 fats and vitamin B12. Commercial seaweed reduces the risk of heart disease and diabetes, promotes intestinal health and lowers blood cholesterol levels.
Important factors such as increased demand in the food processing industry and crop growth will support the global Commercial Seaweeds market. Moreover, the adoption of edible seaweeds based on their practical properties will increase the global commercial seaweed market. In addition, commercial edible seaweed is an alternative food source for reducing thyroid and heart diseases, which will drive the global commercial seaweed market. In addition, increased access to a variety of cruise applications such as paper, nutraceuticals, pharmaceuticals, cosmetics and personal care will strengthen the global Commercial Seaweeds market.
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The Top Key Players include Commercial Seaweeds Market:
· Cargill Incorporated
· Beijing Leili Agricultural Co. Ltd.
· Organic Irish Seaweed Emerald Isle
· Seaweed Solutions AS
· Nantong Xinlang Seaweeds and Foods Co. Ltd.
· CP Kelco US Inc.
· Groupe Roullier
· J.M. Huber
· Kerry Group Plc.
· Ocean Harvest Technology Ltd.
· Gelymer S.A.
· Corbion N.V.
· Green Ocean Farming UK.
The global Commercial Seaweeds market is divided into species, harvesting methods, fields, applications and key geographies. By type, the market is divided into Red Sea View, Brown Sea View and Green Sea View. According to the harvesting method, the market is classified as aquaculture and wild crop. According to the form, the market is divided into liquid, powder and flake. Based on the application, the market is classified as food, food and agriculture.
By type Commercial Seaweeds Market segmented to:
- Green Seaweed
- Red Seaweed
- Brown Seaweed
By application Commercial Seaweeds Market segmented to:
- Food and Beverages
- Animal Feed
- Agricultural Fertilizer
- Pharmaceutical
- Biofuels
- Cosmetics and Personal care
- Others
Region and country level analysis:
- North America (U.S., Canada, Mexico)
- Europe (Germany, U.K., France, Italy, Russia, Spain etc.)
- Asia-Pacific (China, India, Japan, Southeast Asia etc.)
- South America (Brazil, Argentina etc.)
- Middle East & Africa (Saudi Arabia, South Africa etc.)
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The commercial seaweed market is experiencing tremendous growth due to several factors, including the diversity of beneficial benefits and the availability of rare seaweed nutrients that drive its adoption in food processing, cosmetics and other industries. In addition, the increasing trend of seaweed harvesting and farming is another important factor driving the growth of the market. Also, the growing importance of consumer health awareness, such as Spirulina, is putting a positive outlook on market growth. There are some obstacles and challenges that may hinder the growth of the market. Concerns about the availability of mercury at higher prices are limiting market growth.
Our market analysis also includes a section dedicated to major players only, where our analysts provide information on financial statements of all major players, as well as product benchmarking and SWOT analysis. The Competitive Landscape section also involved analysis of key improvement strategies, market share and market rank of the aforementioned players globally.
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