Commercial Seaweed Market size is assessed to be esteemed at USD 21.03 billion by 2022 and is projected to arrive at USD 52.78 billion by 2030, recording a CAGR of 12.2% during the conjecture time frame, regarding esteem.
Seaweed is an umbrella term for a gathering of multi-cell, plainly visible, and marine green growth, which are found in different shades of red, green, and brown. They might be molded as fragile fingers, circles, or wide leaves, or may look like an organic product. Even though seaweed has been eaten for quite a long time as a critical wellspring of food, they are overall progressively utilized on a business level. They track down broad applications in the food and refreshments area for their hydrocolloid properties alongside a few applications in different ventures, including beauty care products, individual consideration, creature feed, added substances, agribusiness, and drugs.
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Seaweed used as manure upholds the horticultural business by improving the result in restricted cultivable land to satisfy the developing food need. Since manageable farming practices are being prevented because of an enormous decrease in soil ripeness, there is a popularity for successful manures for expanded yield and food security. This thus will uphold commercial seaweed market extension during the assessment timetable.
Commercial seaweed has different kinds of full scale and miniature supplements in it, like magnesium, potassium, sodium, copper, zinc, calcium, sulfur, phosphorous, chlorine, and different supplements. There are around 221 types of commercial seaweed present, from which, the red and earthy colored commercial seaweed are broadly utilized. There are different kinds of commercial seaweed subsidiaries that are gotten, like carrageenan, agar, and alginate. From these, carrageenan is the broadly involved commercial seaweed subordinate in the food and refreshment industry because of its different properties as a hydrocolloid.
Driving factors:
Ascend in seaweed cultivating rehearses impelled by worldwide interest.
Higher utilization of red ocean growth in the food business
Restraining factors:
Regular disasters prevent the creation of seaweed.
Inordinate utilization of kelp concentrates and the presence of harmful minerals prompt well-being concerns.
Opportunities:
Expansion in mechanical turns of events.
The interest for top-notch and normal enhancements.
Challenges:
Harmfulness is related to the utilization of seaweed.
Expanding water contamination because of the blending of harmful material synthetic substances and plastic from modern effluents.
In 2020, the worldwide emergency covid19 has impacted the commercial seaweed market. Because of the conclusion of a few assembling units in this fragment, creation has diminished. As indicated by the United Nations industrial commercial organization, the pandemic has straightforwardly impacted seaweed ranchers as interest in unrefined components has diminished and costs have fallen. The cost of for the most part sending out cotton seaweed, utilized for creating carrageenan (an added substance used to thicken, emulsify, and safeguard food varieties and beverages), has declined by practically half since the exchange with China, which is the greatest product market. Further, many perceived associations in the area of medical care, for example, the world health organization have expressed that seaweed can battle covid. This has changed the purchaser's view of the seaweed and has expanded the interest in it at the same time.
Given the type, the market is bifurcated into brown seaweeds, green seaweeds, and red seaweeds. The red seaweed fragment is supposed to hold the biggest piece of the pie. The variables can be credited to their amazing practical traits, fluctuated application scope, and simple accessibility.
In light of application, the market is bifurcated into agriculture, feed, food, and others. Dairy items are anticipated to hold the main CAGR in the gauge period as seaweed extricates are utilized as a thickening and gelling specialist in items, for example, cheddar, creams, pastries, frozen yogurts, dairy powder, and dairy drinks.
In light of form, the market is bifurcated into flakes, liquid, and powder. The chips are expected to hold the biggest piece of the pie. The elements can be credited for their developing use as salt substitutes and preparing specialists.
By product:
Brown seaweeds
Red seaweeds
Green seaweeds
By application:
Agriculture
Animal feed
Human consumption
Others
By form:
Liquid
Powdered
Flakes
North America
The USA
Canada
Mexico
Europe
Germany
The UK
France
Italy
Spain
The Netherlands
Rest of Europe
Asia-Pacific
Japan
south Korea
China
India
Australia
Rest of Asia-Pacific
The Middle East & Africa
Israel
UAE
South Africa
Rest of Middle East & Africa
Latin America
Brazil
Argentina
The rest of Latin America
Given local investigation, the global commercial seaweeds market is grouped into north America, Europe, Asia Pacific, and the rest of the world. The biggest offer in the market will be overwhelmed by the Asia pacific attributable to the huge scope creation and homegrown utilization of palatable seaweed around here.
Major key players included are Roullier group, biostadt India limited, compo gmbh & co. Kg, Acadian Sea plants limited, gelymar SA, Brandt consolidated, inc., season international pty. Ltd., cp kelco., west coast marine bio-processing corp., leili group.
Roullier group-Company Financial Analysis
| Report Attributes | Details |
|---|---|
| Market Size in 2022 | US$ 21.03 Billion |
| Market Size by 2030 | US$ 52.78 Billion |
| CAGR | CAGR 12.2% From 2023 to 2030 |
| Base Year | 2022 |
| Forecast Period | 2023-2030 |
| Historical Data | 2020-2021 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • by product (brown seaweeds, red seaweeds, green seaweeds) • by Form (Liquid, Powdered, Flakes) • by application (Agriculture, Animal feed, Human consumption, Others) |
| Regional Analysis/Coverage | North America (USA, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Netherlands, Rest of Europe), Asia-Pacific (Japan, South Korea, China, India, Australia, Rest of Asia-Pacific), The Middle East & Africa (Israel, UAE, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America) |
| Company Profiles | Roullier group, biostadt India limited, compo gmbh & co. Kg, Acadian Sea plants limited, gelymar SA, Brandt consolidated, inc., season international pty. Ltd., cp kelco., west coast marine bio-processing corp., leili group. |
| Key Drivers | •Ascend in seaweed cultivating rehearses impelled by worldwide interest. |
| Restraints | •Regular disasters prevent the creation of seaweed. |
Ans: Red Seaweed is the main segment in this market.
Ans: Regular disasters prevent the creation of seaweed and harmfulness is related to the utilization of seaweed are the restrains/challenges faced by the Commercial seaweed market.
Ans: Manufacturers, Research Institutes, university libraries, suppliers, and distributors of the product.
Ans: Product, Application, and Form segments are covered in the Commercial seaweed Market.
Ans: The seaweed commercial market size is assessed to be esteemed recording a CAGR of 12.2% during the conjecture time frame.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2.Research Methodology
3. Market dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.1 Introduction
4.3.2 Impact on major economies
4.3.2.1 US
4.3.2.2 Canada
4.3.2.3 Germany
4.3.2.4 France
4.3.2.5 United Kingdom
4.3.2.6 China
4.3.2.7 Japan
4.3.2.8 South Korea
4.3.2.9 Rest of the World
5. Value chain analysis
6. Porter’s 5 forces model
7. PEST analysis
8. Commercial seaweed market segmentation, by product
8.1 Brown Seaweeds
8.2 Red Seaweeds
8.3 Green Seaweeds
9. commercial seaweed market segmentation, by application
9.1 Agriculture
9.2 Animal Feed
9.3 Human Consumption
9.4 Others
10. Commercial seaweed market, by form
10.1 Liquid
10.2 Powdered
10.3 Flakes
11. Commercial seaweed market, by region/ country
11.1 Introduction
11.2 North America
11.2.1 the USA
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 Germany
11.3.2 the UK
11.3.3 France
11.3.4 Italy
11.3.5 Spain
11.3.6 The Netherlands
11.3.7 Rest of Europe
11.4 Asia-Pacific
11.4.1 Japan
11.4.2 South Korea
11.4.3 China
11.4.4 India
11.4.5 Australia
11.4.6 Rest of Asia-Pacific
11.5 The Middle East & Africa
11.5.1 Israel
11.5.2 UAE
11.5.3 South Africa
11.5.4 Rest
11.6 Latin America
11.6.1 Brazil
11.6.2 Argentina
11.6.3 Rest of Latin America
12. Company Profiles
12.1 Roullier Group
12.1.1 Financial
12.1.2 Products/ Services Offered
12.1.3 Swot Analysis
12.1.4 The SNS View
12.2 Biostadt India Limited
12.3 Compo Gmbh & Co. Kg
12.4 Acadian Seaplants Limited
12.5 Gelymar Sa
12.6 Brandt Consolidated, Inc.
12.7 Seasol International Pty. Ltd.
12.8 Cp Kelco.
12.9 West Coast Marine Bio-Processing Corp.
12.10 Leili Group
13. Competitive Landscape
13.1 Competitive Bench Marking
13.2 Market Share Analysis
13.3 Recent Commercials
14. Conclusion
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