The report "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", 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 9.17% from 2016 to 2021.
Browse 61 market data Tables and 45 Figures spread through 134 Pages and in-depth TOC on "Commercial Seaweeds Market - Global Forecasts to 2021"
Early buyers will receive 10% customization on this report.
Application of seaweeds in human food, animal feed, pharmaceuticals, agriculture, cosmetics, production of bio-fuel, and wastewater management has been of importance to the growth of the commercial seaweeds market. Commercial seaweeds have various nutritive values as well as can be used as thickening and gelling agents, making their utilization most profitable in several different industries. Hence, commercial seaweeds will be viewed as a business opportunity in the next five years. As a result, many multinational players have entered into the production of varied types of commercial seaweeds.
Strong product platform provided by red seaweeds segment
Commercial seaweeds can be classified into red, brown, and green seaweeds on the basis of their pigmentation. The demand for red seaweeds is the highest owing to its highest application in human food and production of carrageenan hydrocolloid. It is followed by brown seaweeds and green seaweeds. The demand for seaweeds is driven by increasing usage of seaweeds for medicinal purposes and growing consumption in the European region.
Speak to Analyst: http://www.marketsandmarkets.com/speaktoanalyst.asp?id=152763701
Significant growth observed in the human food segment
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.
Wide range of application, promotion of environment-friendly products, and high consumption of edible seaweeds key to success in the Asia-Pacific region
China and Indonesia were the largest country-level markets in the Asia-Pacific region in 2015. Increasing awareness about the benefits of commercial seaweeds is leading to the growth of its market in these regions. Also, large production volume and increased usage of seaweeds in food preparations of Chinese, Japanese, and Korean cuisines have led to increase in the sale of raw as well as processed seaweeds in the Asia-Pacific region. Asia-Pacific dominated the market with the largest share, globally, as these products have been gaining acceptance among organic cultivators as well as industrial domains, with respect to the use of hydrocolloids.
This report includes a study of marketing and development strategies, along with the product portfolio of leading companies. It includes the profiles of leading companies such as Cargill, Incorporated (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).
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.
MarketsandMarkets is the world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India