Commercial Seaweed Market Analysis, Size, Current Scenario and Future Prospects


Posted February 13, 2024 by mansi3210

Commercial seaweed market is anticipated to grow at a significant CAGR during the forecast period.

 
Commercial seaweed market is anticipated to grow at a significant CAGR during the forecast period. Seaweed is considered as one of the major sources of iodine, which is consumed as food and even as ingredients that add a preservative advantage to the foods owing to its anti-microbial properties. The use of seaweed and its isolates enhances satiety in humans, further lessening the postprandial absorption rates of glucose and lipids, which supports in the development of anti-obesity foods. Such favourable properties of seaweed have pushed the commercialization of this ingredient, thereby propelling its market growth. The demand for commercial seaweed is also likely to be driven by the rising technological developments in cultivating seaweed along with the growing investments in various application segments such as animal feed and agriculture. 

Among its numerous applications, what has gained substantial traction over the years include the increasing use of seaweed in meat and bakery products. Brown seaweeds are used for making hydrocolloids such as agar, alginate, and carrageenan. Hydrocolloids are used as thickening agents, emulsifiers, stabilizers, and water retention agents for different food applications. Since seaweed supports in the retention of water along with gel formation, this property makes it highly favourable food ingredient. Furthermore, growing consumer awareness regarding the benefits of nutritional food is further anticipated to propel its demand in a few emerging economies such as Indonesia, China, and other South Asian countries. However, in developed countries such as the US, the market is driven by the growing demand for healthy food additives, which can largely replace calorie rich oils and fats in food products.

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Market Coverage

The market number available for – 2023-2030
Base year- 2023
Forecast period- 2024-2031
Segment Covered-
By Application 
By Deployment Model
By End-User 
Regions covered-
North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape:  Cargill, Inc., DuPont de Nemours, Inc., and Acadian Seaplants, among others.

Commercial Seaweed Market Report by Segment

By Product Type

Brown Seaweed
Green Seaweed
Red Seaweed

By Application

Food and Beverage
Dietary Supplements
Pharmaceuticals
Others

A full Report of Commercial Seaweed Market is Available @ https://www.omrglobal.com/industry-reports/commercial-seaweed-market

Commercial Seaweed Market by Region

North America

United States
Canada

Europe

UK
Germany
Spain
France
Italy
Rest of Europe

Asia-Pacific

India
China
Japan
South Korea
Rest of APAC

Rest of the World

Latin America 
Middle East & Africa

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Issued By MANSI
Phone +91 7803040404
Business Address Indore, india
Country India
Categories Agriculture , Business , Food
Last Updated February 13, 2024