The commercial seaweeds market is estimated to be valued at USD 11.34 Billion in 2016. The market is projected to reach USD 17.59 Billion by 2021 at a CAGR of +9% from 2016 to 2021. The commercial seaweeds market is segmented on the basis of its type, form, and application. It is further segmented on the basis of regions, such as North America, Europe, Asia-Pacific, and Rest of the World (RoW). With the increasing awareness about the medicinal uses of seaweeds and increasing
Browse 61 market data Tables and 45 Figures spread through 134 Pages and in-depth TOC on "Commercial Seaweeds Market by Type (Red, Brown, Green), Form (Liquid, Powdered, Flakes),Application (Agriculture, Animal Feed, Human Food, and Others), and by Region - Global Forecasts to 2021" http://www.rnrmarketresearch.com/commercial-seaweeds-market-by-type-red-brown-green-form-liquid-powdered-flakes-application-agriculture-animal-feed-human-food-and-others-and-by-region-global-forecasts-to-2021-market-report.html
The major applications of commercial seaweeds include human food, animal feed, agriculture, and others which include cosmetics, pharmaceuticals, biomass for fuel, wastewater management, and integrated aquaculture. Commercial seaweeds are majorly used in the food industry. The production as well as consumption of edible seaweeds is very high in the world, with China as the top producer.
Among the types of commercial seaweeds such as red seaweeds, brown seaweeds, and green seaweeds, red seaweeds accounted for the largest market share, followed by brown seaweeds and green seaweeds. Red seaweeds are used on a large scale due to their functional qualities, easy availability, and application in almost all the industrial sectors
Asia-Pacific formed the largest market for commercial seaweeds in 2015, whereas North America accounted for the second-largest market in 2015, in terms of value, and is projected to grow at the highest CAGR from 2016–2021.The global commercial seaweeds market is segmented region-wise, with a detailed analysis of each region by studying the key markets. These regions include North America, Europe, Asia-Pacific, and Rest of the World (RoW).
Key players identified in the commercial seaweeds market include Cargill, Inc. (U.S.), E.I. Du Pont de Nemours and Company (U.S.), Roullier Group (France), Biostadt India Limited (India), and Compo GmbH & Co. KG (Germany). Along with these companies, other players such as Bioatlantis (Ireland), Acadian Seaplants Limited (Canada), Gelymar SA (Chile), BrandT (U.S.), Seasol International Pty. Ltd. (Australia), and CP Kelco (U.S.) also have a strong presence in the global commercial seaweeds market.
In terms of insights, this research report has focused on various levels of analyses industry analysis, market share analysis of top players, and company profiles, which together comprise and discuss the basic views on the competitive landscape, emerging & high-growth segments of the global commercial seaweeds market, high-growth regions, countries, and their respective regulatory policies, government initiatives, drivers, restraints, and opportunities.
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