Commercial Seaweeds Market 2022, Size, Share, Growth, Analysis and Forecast 2027
According to the latest report by IMARC Group, titled “Commercial Seaweeds Market Size: Global Industry Trends, Share, Growth, Opportunity and Forecast 2022-2027,” offers a comprehensive analysis of the industry, which comprises insights on the global commercial seaweeds market. The global commercial seaweeds market size reached a value of US$ 17.7 Billion 2021. Looking forward, IMARC Group expects the market to reach US$ 31.0 Billion by 2027, exhibiting a CAGR of 9.71% during 2022-2027.
Commercial seaweeds refer to macroalgae attached to hard substrata in lakes, rivers, oceans, and several other water bodies. They are extensively used to produce water-soluble carbohydrates, which further find widespread applications in the food and beverage sector to increase the viscosity of aqueous solutions. They also help in enhancing the skin moisture retention properties of cosmetic products, such as lotions and creams. Moreover, due to the rich fiber content, commercial seaweeds are used as a soil conditioner and can be watered or applied directly around the plant root areas.
Commercial Seaweeds Market Trends:
The increasing consumption of seaweed as dietary supplements is primarily driving the market growth. Furthermore, seaweeds are rich in bioactive compounds and have antimicrobial and antioxidants properties, which make them suitable for several medicinal purposes. Moreover, the expanding food and beverage (F&B) industry is increasingly adopting commercial seaweeds to stabilize ice creams, form gels, and produce water-soluble films. Additionally, the growing application of commercial seaweed as a thickening agent in the textile industry is also catalyzing the product demand. Besides this, as seaweeds can absorb heavy metal ions, like cadmium and zinc, from polluted water, they are gaining widespread traction in wastewater treatment plants across the globe. This is anticipated to further propel the global commercial seaweed market in the coming years.
Request Free Sample Report: https://www.imarcgroup.com/commercial-seaweeds-market/requestsample
Global Commercial Seaweeds Market 2022-2027 Analysis and Segmentation:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
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.
The report has segmented the market on the basis on on region, product, form and application.
Breakup by Product:
Breakup by Form:
Breakup by Application:
Breakup by Region:
North America: (United States, Canada)
Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America: ( Brazil, Mexico Others)
Middle East and Africa
Key highlights of the report:
Market Performance (2016-2021)
Market Outlook (2022-2027)
Porter's Five Forces Analysis
Market Drivers and Success Factors
Comprehensive Mapping of the Competitive Landscape
Ask Analyst and Browse Full Report with TOC & List of Figure: https://www.imarcgroup.com/request?type=report&id=3336&flag=C
Note: We are updating our reports, if you want the report with the latest primary and secondary data ( 2023-2028 ) including industry trends, market size and competitive landscape, etc. click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours.
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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.
30 N Gould St Ste R
Sheridan, WY 82801 USA – Wyoming
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