Commercial Seaweed Market To Witness A Pronounce Growth During 2022-2030
The new study report titled “Commercial Seaweed Market Share, Size, Trends, Industry Analysis Report, By Product (Brown Seaweed, Red Seaweed, Green Seaweed); By Form (Liquid, Powdered, Flakes); By Application (Agriculture, Animal Feed, Human Consumption, Others); By Region; Segment Forecast, 2022 – 2030” gives a detailed insight into current market dynamics and provides analysis on future market growth.
“According to the research report published by Polaris Market Research, the global commercial seaweed market size is expected to reach USD 48.00 billion by 2030 according to a new study by Polaris Market Research.”
Market Overview:
The growth is mainly driven by the factors such as increasing the use of seaweed for clinical benefits and raising awareness among people about the various lifestyle associated with chronic disorders such as diabetes and cardiovascular disorders. Additionally, the emerging applications of seaweeds in the cosmetic industry and in the agricultural sector, along with the increasing consumption of seaweeds as animal feed, are expected further to boost the industry growth of commercial seaweed during the forecast timeframe.
Globally, animal food producers are trying to reduce the use of antibiotics, such as in pig production. Many of the global farms favor the use of seaweed as a healthy supplement to produce antibiotic-free pork. Liquid seaweed extracts are complex, and studies have shown that they have novel mechanisms for increasing crop productivity by improving root structures and improved soil microbiology hence, seaweed extracts are being increasingly employed in the agricultural sector.
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Top Market Players
- Acadian Seaplants Limited
- AtSeaNova
- Beijing Leili Marine Bioindustry INC.
- Biostadt India Limited
- BrandT Consolidated Inc.
- Cargill Inc.
- Cascadia Seaweed Corp.
- Chase Organics GB Limited
- COMPO
- CP Kelco.
- Leili Group
- DuPont
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Polaris Market Research has segmented the commercial seaweed market report on the basis of product, form, application, and region:
Commercial Seaweed, Product Outlook (Revenue – USD Billion, 2018 – 2030)
- Brown Seaweed
- Red Seaweed
- Green Seaweed
Commercial Seaweed, Form Outlook (Revenue – USD Billion, 2018 – 2030)
- Liquid
- Powdered
- Flakes
Commercial Seaweed, Application Outlook (Revenue – USD Billion, 2018 – 2030)
- Agriculture
- Animal Feed
- Human Consumption
- Others
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