Commercial Seaweed Market: Surging Uptake of Food Texturizers By F&B Manufacturers to Assist Revenue Growth

2022-04-22 06:30:06 UTC | Food & Beverages
Commercial Seaweed Market: Surging Uptake of Food Texturizers By F&B Manufacturers to Assist Revenue Growth

Commercial Seaweed  Market report covers a detailed analysis of current and upcoming market trends, company market shares, market projections, competitive benchmarking, competition mapping, and in-depth research of the most significant sustainability strategies and their impact on industry growth and competition. The research was conducted using a combination of primary and secondary data, as well as input from leading industry players.

Commercial Seaweed Market size is projected to reach USD 25.91 Billion units by 2027 from an estimated USD 14.02 Billion units in 2019, growing at a CAGR of 7.58% globally.

The commercial seaweed industry will witness promising growth which is attributable to its extensive usage as a particle suspension and emulsifying agent, thickener, stabilizer, and a protein stabilizer in dairy products, salad dressings, ice cream, and chocolate milk, and other processed food items.

Seaweed is an umbrella term for a group of multi-cellular, macroscopic, and marine algae, which are found in various shades of red, green, and brown. They may be shaped as delicate fingers, spheres, broad leaves, or may resemble fruit. Although seaweeds have been consumed for several centuries as a key source of food, they are being increasingly used on a commercial level. They find extensive applications in the food & beverages sector for their hydrocolloid properties along with several applications in various industries, including cosmetics, personal care, animal feed & additives, agriculture, and pharmaceuticals.

The Major Players In The Commercial Seaweed Market Include:

DowDuPont Inc., Cargill Incorporated, Beijing Leili Agricultural Co. Ltd., Organic Irish Seaweed Emerald Isle, Seaweed Solutions AS, Nantong Xinlang Seaweeds and Foods Co. Ltd., CP Kelco US Inc., Groupe Roullier, J.M. Huber, Kerry Group Plc., Ocean Harvest Technology Ltd., Gelymer S.A., Corbion N.V., Green Ocean Farming UK.

The market has segmented the global Commercial Seaweeds market on the basis of type, application, and region:

The Commercial Seaweed market is segmented by type and application. Growth between segments over the period 2022-2028 provides accurate calculations and forecasts of revenue by type and application in terms of volume and value. This analysis can help you expand your business by targeting eligible niches.

By Type:

 Green Seaweed, Red Seaweed, Brown Seaweed

 By Application:

 Food and Beverages, Animal Feed, Agricultural Fertilizer, Pharmaceutical, Biofuels, Cosmetics and Personal care, Others

 By Regional Outlook (Revenue, USD Billion, 2017 – 2028)

IMR offers a comprehensive overview of the market through the analysis of key parameters such as revenue, price, competition, and promotions, as well as the study, synthesis, and summarization of data from different sources. It analyzes the leading industry drivers and shows numerous market components. The information offered is thorough, dependable, and the result of a comprehensive primary and secondary study. IMR market research reports offer a comprehensive global market as well as an in-depth strategic sourcing methodology and analysis based on qualitative and quantitative research to anticipate market growth.

Covid-19 Impact and Recovery Analysis on Industry:

The COVID-19 pandemic has had devastating effects on several industry verticals globally. To constrain the number of cases and slow the coronavirus spread, various public health guidelines were implemented in different countries across the globe. COVID-19 protocols ranging from declaring national emergency states, enforcing stay-at-home orders, closing nonessential business operations and schools, banning public gatherings, imposing curfews, distributing digital passes, and allowing police to restrict citizen movements within a country, as well as closing international borders. With the growing vaccination rate, governments are uplifting the protocols to give a boost to the stagnant economy. Like other industries, Commercial Seaweed Market have experienced slowdown the growth, however market is expected bounce back as restrictions are being lifted up by governments across the globe. 

Reasons to Purchase this Report

         Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors

         Provision of market value (USD Billion) data for each segment and sub-segment

         Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market

         Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region

         Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled

         Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players

         The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions

         Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis

         Provides insight into the market through Value Chain

         Market dynamics scenario, along with growth opportunities of the market in the years to come

         6-month post-sales analyst support

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