Global Commercial Seaweed Market is Expected to Grow with 7.3 % CAGR in the Forecast Period of 2021 to 2028

Global Commercial Seaweed Market is growing with factors such as increase in adoption of seaweed for hydrocolloids, high nutritional value and health benefits of the seaweeds, and increasing demand for seaweed in various industries such as pharmaceuticals, personal care, agriculture, domestic, animal feed food & beverages & others worldwide.

Commercial seaweed helps to provide better yield quality and quantity in the agriculture sector, and fulfill the increasing demand for hydrocolloids in food & beverages industry as well as the cosmetics & personal care industry. Recent studies have also shown that commercial seaweed can fight against the COVID-19 virus, and it has a better effect than the existing vaccine. Thus, commercial seaweed is one of the important parameters.

Commercial Seaweed Market Scenario

According to Data Bridge Market Research, the market for commercial seaweed in North America has the highest market share and the market leader is Cargill, Incorporated, which accounts an estimated market share around 10% to 15% in global commercial seaweed market. The company has gained outstanding sales through their wide presence. Cargill, Incorporated provides a large number of commercial seaweed products and are involved in strategic initiatives for the growth of the commercial seaweed market.

  • In February 2021, Cargill, Incorporated has launched a new product- seaweed powder under WavePure ADG line. The powder is made from pure Gracilaria red seaweed to give a smooth and creamy texture in dairy. This launch will help Cargill, Incorporated expand its product portfolio and establish a large consumer base that will eventually enhance its revenue.

Commercial Seaweed MarketTrends Impacting the Market

Now the question is which other regions Cargill, Incorporated, DuPont, and Acadian Seaplus are targeting? Data Bridge Market Research has forecast a large growth in North America commercial seaweed market and the market leaders are targeting U.S. and Canada to be their next revenue pockets for 2021.

The commercial seaweed market is becoming more competitive every year with companies such as Cargill, Incorporated, DuPont, and Acadian Seaplus as they are the market leaders for commercial seaweed. Data Bridge Market Research new reports highlights the major growth factors and opportunities in the commercial seaweed market.

Scope of the Commercial Seaweed Market

The countries covered in the market are the U.S., Canada, Mexico, in North America, France, U.K., Germany, Italy, Switzerland, Denmark, Norway, Russia, Spain, Netherlands, Belgium, Rest of Europe, China, Japan, South Korea, Thailand, Australia, Malaysia, Philippines, Singapore, India, Indonesia, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, UAE, Kuwait, Saudi Arabia, Rest of Middle East and Africa.

The country based analysis of commercial seaweed market is further analyzed based on further segmentation. On the basis of product, the commercial seaweed market is segmented into red seaweed, green seaweed and brown seaweed. On the basis of form, the commercial seaweed market is segmented into liquid, powdered and flakes. On the basis of cultivation, the commercial seaweed market is segmented into onshore cultivation, offshore cultivation, nearshore cultivation, IMTA cultivation and saline aquaculture. On the basis of end-user, the commercial seaweed market is segmented into food & beverages, pharmaceuticals, agriculture, animal feed, cosmetics & personal care, biofuels and others

To know more about the study

Key Pointers Covered in Commercial Seaweed Market Industry Trends and Forecast to 2028

  • Market Size
  • Market Standards and Changes
  • Raw Material Import Value
  • Price Analysis
  • Regulatory Framework
  • COVID-19 impact on global Commercial Seaweed market
  • Production and Consumption Pattern
  • Recent Developments for Market Competitors
  • Sales Data for Market Competitors
  • Key Vendors and Disruptors Study

Key Market Competitors Covered in the Report

  • Cargill, Incorporated
  • DuPont
  • Marcel Carrageenan
  • AtSeNova
  • Beijing Leili Agricultural Co., Ltd
  • Pacific Harvest
  • Irish Seaweed
  • Ocean Rainforest
  • Indigrow Ltd
  • Seaweed Solutions AS
  • Maine Coast Sea Vegetables
  • Kelp Industries, Pty, Ltd.
  • Organic Irish Seaweed-Emerald Isle
  • Green Ocean Farming UK
  • Nantong Xinlang Seaweed & Foods Co., Ltd.
  • The Seaweed Company
  • Cascadia Seaweed
  • KwangcheonKim Co. LTD

Above are the key players covered in the report, to know about more and exhaustive list of commercial seaweed companies, contact us

Research Methodology: Global Commercial Seaweed Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Primary Respondents

  • Demand Side: Manufacturers, Food Industrialists, Pharmaceuticals & Biotechnological Researchers
  • Supply Side: Service Providers, Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.

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