Commercial Seaweeds Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth - Global Forecast 2019 To 2024

Report Code: FBR 89442 Report Format: PDF + Excel (Delivery in 48 Hrs)

Overview

The Commercial Seaweed Market is forecast to reach $20.38 billion by 2024, growing at a CAGR of 7.93% from 2019 - 2024. Growth of the commercial seaweed market size is mainly attributed to rising application in fertilizers, cosmetic products, animal feed, and healthcare and medical sectors. The rising popularity of seaweed extracts such as agar, carrageenan, and alginate is also expected to be a critical factor in the growth of commercial seaweed market. Various properties of commercial seaweeds such as thickening and gelling, which are applied in hydrocolloid industries, is expected to further, drive the market. Regulations concerning the production, harvesting, and use of seaweed have been segregated for human consumption, animal feed, and agricultural use. Increased consumption of organic foods is expected to fuel the product demand in the coming years.

Report Coverage

The report, “Commercial Seaweed Market – Forecast (2019-2024)”, by IndustryARC. This Commercial Seaweeds market report covers an in-depth analysis of the following segments.

By Type

•Brown Seaweeds (Phaeophyceae)

•Green Seaweeds (Rhodophyta)

•Red Seaweeds (Chlorophyta)

By Form

•Liquid

•Powdered

•Flakes

By Application

•Agriculture

•Animal Feed

•Human Food

•Others

By Geography

•North America

•South America

•Europe

•APAC

•MEA

Commercial Seaweeds industry outlook and Key Takeaways

· The Commercial Seaweed market share has been analyzed by the major players in the market. Commercial Seaweeds top 10 companies which include Gelymar, du Pont, CP Kelco, Cargill Inc., Biostadt India Ltd, Compo GmbH & Co., Seasol, Acadian Seaplants Limited, Roullier Group, Leili Group. Company profiles of these companies are provided in the report

· The major driving factor for the Commercial seaweed market is the increase in consumption of seaweed as a food extract in animal feed and the rising demand for alginate in cosmetics and pharmaceutical industries. Detailed analysis and insights explaining the impact of this driver is provided in the report

· The APAC region shows to have high consumption rates and has majorly supported the growth of the market. The North American countries have started to produce seaweed to satisfy the rising demand for seaweed products in their country. Key trends, drivers, and insights related to these markets are covered in the report.

Type - Segment Analysis

Red seaweeds are served as food and can be used as a condiment. It is also a source for two hydrocolloids: agar and carrageenan. Commonly known as Nori and laver, it is dried and processed into thin purplish-black sheets. One of its common uses is in Japanese sushi, where it is wrapped on the outside of a small handful of soured, boiled rice topped with a piece of raw fish. It has thus been the highest contributing seaweed type poising to grow at a CAGR of 12.4%.  

Brown algae make up the largest type of seaweed. They are mainly used as food inclusions and as the raw material for the extraction of the hydrocolloid, alginate. Green algae are readily available as an ingredient to enhance the taste of the food. It is mostly used in Japanese, Indonesian, and Chinese dishes.

Form - Segment Analysis

Seaweed products are predominantly used as food and food ingredients. It is generally available in liquid, powdered and flake forms. Seaweed is used in powdered form as a condiment, salad dressing, or as flavor enhancement applications. Seaweed is also used as a fertilizer, completely free from toxic and chemical products.   

Application - Segment Analysis

Seaweed or marine algae is used in agriculture as fertilizers; they are also completely organic without the inclusion of chemicals. Seaweed fertilizer adds nutrients like potassium, nitrogen, and phosphorus to the soil, promoting healthy growth of the plants. Seaweed blended foods are available for cattle feed and pets. Seaweed blended foods result in lesser methane discharge from cattle feeds due to enzymes that help fasten digestion. Seaweed is used in powder and flakes forms to add as condiments and seaweed sheets in the preparation of sushi. The human food segment is expected to account for the largest sector of the global commercial seaweeds market. 

Geography - Segment Analysis

North America is expected to grow at the highest CAGR, due to the rising demand for seaweed products and also the increasing number of producers in the commercial seaweed market. North American Kelp, is one of the aquaculture farmer and producers of seaweed products in North America. In Europe, seaweed is mainly used as a source of hydrocolloids. As of 2018, consumption of seaweed products is the highest in the APAC region. Considering the food habits in APAC countries, seaweeds are used and consumed in significant numbers.

Drivers – Commercial Seaweed Market

·         Increasing consumption of seaweed as a food extract, and for animal feed

The extracts from brown and red seaweed are being used in the pharmaceutical industry, human and animal feed. They are a part of the staple food in Japanese cuisine called sushi. The sushi rice is wrapped in these seaweed sheets to hold the food together and to enhance the taste of the dish. It is also used in cattle animal feed due to their ability to reduce methane emission.

·         Rising demand for alginate in the cosmetics and pharmaceutical industries

Seaweeds were used in cosmetics due to their skincare characteristics. It has skin moisturizing agents, promotes blood circulation, activates cell renewal, and boosts metabolism. Alginate is used in pharmaceutical products due to its various health beneficial contexts. It is used in heartburn relief medicines; the calcium content helps reduces bleeding and is also used in making dental impressions. 

Challenges – Commercial Seaweed market

·        Growing pollution of water bodies hampers the growth of seaweed

Owing to the rising levels of marine pollution, the seaweed market showed a slight plunge due to its less availability. Aquaculture farms have been set up to fight this situation. Considering its use in various market, actions are being taken to increase the production of seaweed products.

Market Landscape

Product development and capacity expansion are key strategies for players in the commercial seaweed market. In 2018, Commercial Seaweeds top 10 companies includes Gelymar, du Pont, CP Kelco, Cargill Inc., Biostadt India Ltd, Compo GmbH & Co., Seasol, Acadian Seaplants Limited, Roullier Group, Leili Group.

Commercial Seaweed Market Research Scope:

The base year of the study is 2018, with forecast done up to 2024. The study presents a thorough analysis of the competitive landscape, taking into account the market shares of the leading companies. These provide the key market participants with the necessary business intelligence and help them understand the future of the commercial seaweed market. The assessment includes the forecast, an overview of the competitive structure, the market shares of the competitors, as well as the market trends, market demands, market drivers, market challenges, and product analysis. The market drivers and restraints have been assessed to fathom their impact over the forecast period. This report further identifies the key opportunities for growth while also detailing the key challenges and possible threats. The commercial seaweeds industry is segregated by type, by form, by application, and by geography.

1. Commercial Seaweeds Market - Overview
        1.1 Definitions and Scope
2. Commercial Seaweeds Market - Executive summary
        2.1 Market Revenue, Market Size and Key Trends by Company
        2.2 Key Trends by type of Application
        2.3 Key Trends segmented by Geography
3. Commercial Seaweeds Market
        3.1 Comparative analysis
            3.1.1 Product Benchmarking - Top 10 companies
            3.1.2 Top 5 Financials Analysis
            3.1.3 Market Value split by Top 10 companies
            3.1.4 Patent Analysis - Top 10 companies
            3.1.5 Pricing Analysis
4. Commercial Seaweeds Market - Startup companies Scenario Premium
        4.1 Top 10 startup company Analysis by
            4.1.1 Investment
            4.1.2 Revenue
            4.1.3 Market Shares
            4.1.4 Market Size and Application Analysis
            4.1.5 Venture Capital and Funding Scenario
5. Commercial Seaweeds Market - Industry Market Entry Scenario Premium
        5.1 Regulatory Framework Overview
        5.2 New Business and Ease of Doing business index
        5.3 Case studies of successful ventures
        5.4 Customer Analysis - Top 10 companies
6. Commercial Seaweeds Market Forces
        6.1 Drivers
        6.2 Constraints
        6.3 Challenges
        6.4 Porters five force model
            6.4.1 Bargaining power of suppliers
            6.4.2 Bargaining powers of customers
            6.4.3 Threat of new entrants
            6.4.4 Rivalry among existing players
            6.4.5 Threat of substitutes
7. Commercial Seaweeds Market -Strategic analysis
        7.1 Value chain analysis
        7.2 Opportunities analysis
        7.3 Product life cycle
        7.4 Suppliers and distributors Market Share
8. Commercial Seaweeds Market - By Type (Market Size -$Million / $Billion)
        8.1 Brown Seaweeds
        8.2 Red Seaweeds
        8.3 Green Seaweeds
9. Commercial Seaweeds Market - By Form (Market Size -$Million / $Billion)
        9.1 Liquid
        9.2 Powdered
        9.3 Flakes
10. Commercial Seaweeds - By Method of Harvesting (Market Size -$Million / $Billion)
10.1 Aquaculture
10.2 Wild Harvesting
11. Commercial Seaweeds - By Application (Market Size -$Million / $Billion)
        11.1 Agriculture
        11.2 Animal Feed
        11.3 Human Food
        11.4 Others
12. Commercial Seaweeds- By Geography (Market Size -$Million / $Billion)
        12.1 Commercial Seaweeds Market - North America Segment Research
        12.2 North America Market Research (Million / $Billion)
            12.2.1 Segment type Size and Market Size Analysis
            12.2.2 Revenue and Trends
            12.2.3 Application Revenue and Trends by type of Application
            12.2.4 Company Revenue and Product Analysis
            12.2.5 North America Product type and Application Market Size
                  12.2.5.1 U.S
                  12.2.5.2 Canada
                  12.2.5.3 Mexico
                  12.2.5.4 Rest of North America
        12.3 Commercial Seaweeds- South America Segment Research
        12.4 South America Market Research (Market Size -$Million / $Billion)
            12.4.1 Segment type Size and Market Size Analysis
            12.4.2 Revenue and Trends
            12.4.3 Application Revenue and Trends by type of Application
            12.4.4 Company Revenue and Product Analysis
            12.4.5 South America Product type and Application Market Size
                  12.4.5.1 Brazil
                  12.4.5.2 Venezuela
                  12.4.5.3 Argentina
                  12.4.5.4 Ecuador
                  12.4.5.5 Peru
                  12.4.5.6 Colombia
                  12.4.5.7 Costa Rica
                  12.4.5.8 Rest of South America
        12.5 Commercial Seaweeds- Europe Segment Research
        12.6 Europe Market Research (Market Size -$Million / $Billion)
            12.6.1 Segment type Size and Market Size Analysis
            12.6.2 Revenue and Trends
            12.6.3 Application Revenue and Trends by type of Application
            12.6.4 Company Revenue and Product Analysis
            12.6.5 Europe Segment Product type and Application Market Size
                  12.6.5.1 U.K
                  12.6.5.2 Germany
                  12.6.5.3 Italy
                  12.6.5.4 France
                  12.6.5.5 Netherlands
                  12.6.5.6 Belgium
                  12.6.5.7 Denmark
                  12.6.5.8 Spain
                  12.6.5.9 Rest of Europe
        12.7 Commercial Seaweeds - APAC Segment Research
        12.8 APAC Market Research (Market Size -$Million / $Billion)
            12.8.1 Segment type Size and Market Size Analysis
            12.8.2 Revenue and Trends
            12.8.3 Application Revenue and Trends by type of Application
            12.8.4 Company Revenue and Product Analysis
            12.8.5 APAC Segment - Product type and Application Market Size
                  12.8.5.1 China
                  12.8.5.2 Australia
                  12.8.5.3 Japan
                  12.8.5.4 South Korea
                  12.8.5.5 India
                  12.8.5.6 Taiwan
                  12.8.5.7 Malaysia
                  12.8.5.8 Hong kong
                  12.8.5.9 Rest of APAC
        12.9 Commercial Seaweeds - Middle East Segment and Africa Segment Research
        12.10 Middle East & Africa Market Research (Market Size -$Million / $Billion)
            12.10.1 Segment type Size and Market Size Analysis
            12.10.2 Revenue and Trend Analysis
            12.10.3 Application Revenue and Trends by type of Application
            12.10.4 Company Revenue and Product Analysis
            12.10.5 Middle East Segment Product type and Application Market Size
                  12.10.5.1 Israel
                  12.10.5.2 Saudi Arabia
                  12.10.5.3 UAE
            12.10.6 Africa Segment Analysis
                  12.10.6.1 South Africa
                  12.10.6.2 Rest of Middle East & Africa
13. Commercial Seaweeds Market - Entropy
        13.1 New product launches
        13.2 M&A s, collaborations, JVs and partnerships
14. Commercial Seaweeds Market - Industry / Segment Competition landscape Premium
        14.1 Market Share Analysis
            14.1.1 Market Share by Country- Top companies
            14.1.2 Market Share by Region- Top 10 companies
            14.1.3 Market Share by type of Application - Top 10 companies
            14.1.4 Market Share by type of Product / Product category- Top 10 companies
            14.1.5 Market Share at global level - Top 10 companies
            14.1.6 Best Practises for companies
15. Commercial Seaweeds Market - Key Company List by Country Premium
16. Commercial Seaweeds Market Company Analysis
        16.1 Market Share, Company Revenue, Products, M&A, Developments
        16.2 Acadian Seaplants Limited
        16.3 Brandt
        16.4 CP Kelco
        16.5 Compo Gmbh & Co. Kg
        16.6 E.I. Dupont De Nemours & Company
        16.7 Gelymar
        16.8 Roullier Group
        16.9 Seasol International Pty. Ltd
        16.10 Company 10
        16.11 Company 11 & More
*Financials would be provided on a best efforts basis for private companies
17. Commercial Seaweeds Market - Appendix
        17.1 Abbreviations
        17.2 Sources
18. Commercial Seaweeds Market - Methodology
        18.1 Research Methodology
            18.1.1 Company Expert Interviews
            18.1.2 Industry Databases
            18.1.3 Associations
            18.1.4 Company News
            18.1.5 Company Annual Reports
            18.1.6 Application Trends
            18.1.7 New Products and Product database
            18.1.8 Company Transcripts
            18.1.9 R&D Trends
            18.1.10 Key Opinion Leaders Interviews
            18.1.11 Supply and Demand Trends

LIST OF TABLES

1.Global Commercial Seaweeds Market By Type Market 2019-2024 ($M)
1.1 Brown Seaweeds Market 2019-2024 ($M) - Global Industry Research
1.2 Red Seaweeds Market 2019-2024 ($M) - Global Industry Research
1.3 Green Seaweeds Market 2019-2024 ($M) - Global Industry Research
2.Global Commercial Seaweeds Market By Form Market 2019-2024 ($M)
2.1 Liquid Market 2019-2024 ($M) - Global Industry Research
2.2 Powdered Market 2019-2024 ($M) - Global Industry Research
2.3 Flakes Market 2019-2024 ($M) - Global Industry Research
3.Global Commercial Seaweeds Market By Type Market 2019-2024 (Volume/Units)
3.1 Brown Seaweeds Market 2019-2024 (Volume/Units) - Global Industry Research
3.2 Red Seaweeds Market 2019-2024 (Volume/Units) - Global Industry Research
3.3 Green Seaweeds Market 2019-2024 (Volume/Units) - Global Industry Research
4.Global Commercial Seaweeds Market By Form Market 2019-2024 (Volume/Units)
4.1 Liquid Market 2019-2024 (Volume/Units) - Global Industry Research
4.2 Powdered Market 2019-2024 (Volume/Units) - Global Industry Research
4.3 Flakes Market 2019-2024 (Volume/Units) - Global Industry Research
5.North America Commercial Seaweeds Market By Type Market 2019-2024 ($M)
5.1 Brown Seaweeds Market 2019-2024 ($M) - Regional Industry Research
5.2 Red Seaweeds Market 2019-2024 ($M) - Regional Industry Research
5.3 Green Seaweeds Market 2019-2024 ($M) - Regional Industry Research
6.North America Commercial Seaweeds Market By Form Market 2019-2024 ($M)
6.1 Liquid Market 2019-2024 ($M) - Regional Industry Research
6.2 Powdered Market 2019-2024 ($M) - Regional Industry Research
6.3 Flakes Market 2019-2024 ($M) - Regional Industry Research
7.South America Commercial Seaweeds Market By Type Market 2019-2024 ($M)
7.1 Brown Seaweeds Market 2019-2024 ($M) - Regional Industry Research
7.2 Red Seaweeds Market 2019-2024 ($M) - Regional Industry Research
7.3 Green Seaweeds Market 2019-2024 ($M) - Regional Industry Research
8.South America Commercial Seaweeds Market By Form Market 2019-2024 ($M)
8.1 Liquid Market 2019-2024 ($M) - Regional Industry Research
8.2 Powdered Market 2019-2024 ($M) - Regional Industry Research
8.3 Flakes Market 2019-2024 ($M) - Regional Industry Research
9.Europe Commercial Seaweeds Market By Type Market 2019-2024 ($M)
9.1 Brown Seaweeds Market 2019-2024 ($M) - Regional Industry Research
9.2 Red Seaweeds Market 2019-2024 ($M) - Regional Industry Research
9.3 Green Seaweeds Market 2019-2024 ($M) - Regional Industry Research
10.Europe Commercial Seaweeds Market By Form Market 2019-2024 ($M)
10.1 Liquid Market 2019-2024 ($M) - Regional Industry Research
10.2 Powdered Market 2019-2024 ($M) - Regional Industry Research
10.3 Flakes Market 2019-2024 ($M) - Regional Industry Research
11.APAC Commercial Seaweeds Market By Type Market 2019-2024 ($M)
11.1 Brown Seaweeds Market 2019-2024 ($M) - Regional Industry Research
11.2 Red Seaweeds Market 2019-2024 ($M) - Regional Industry Research
11.3 Green Seaweeds Market 2019-2024 ($M) - Regional Industry Research
12.APAC Commercial Seaweeds Market By Form Market 2019-2024 ($M)
12.1 Liquid Market 2019-2024 ($M) - Regional Industry Research
12.2 Powdered Market 2019-2024 ($M) - Regional Industry Research
12.3 Flakes Market 2019-2024 ($M) - Regional Industry Research
13.MENA Commercial Seaweeds Market By Type Market 2019-2024 ($M)
13.1 Brown Seaweeds Market 2019-2024 ($M) - Regional Industry Research
13.2 Red Seaweeds Market 2019-2024 ($M) - Regional Industry Research
13.3 Green Seaweeds Market 2019-2024 ($M) - Regional Industry Research
14.MENA Commercial Seaweeds Market By Form Market 2019-2024 ($M)
14.1 Liquid Market 2019-2024 ($M) - Regional Industry Research
14.2 Powdered Market 2019-2024 ($M) - Regional Industry Research
14.3 Flakes Market 2019-2024 ($M) - Regional Industry Research

LIST OF FIGURES

1.US Commercial Seaweeds Market Revenue, 2019-2024 ($M)
2.Canada Commercial Seaweeds Market Revenue, 2019-2024 ($M)
3.Mexico Commercial Seaweeds Market Revenue, 2019-2024 ($M)
4.Brazil Commercial Seaweeds Market Revenue, 2019-2024 ($M)
5.Argentina Commercial Seaweeds Market Revenue, 2019-2024 ($M)
6.Peru Commercial Seaweeds Market Revenue, 2019-2024 ($M)
7.Colombia Commercial Seaweeds Market Revenue, 2019-2024 ($M)
8.Chile Commercial Seaweeds Market Revenue, 2019-2024 ($M)
9.Rest of South America Commercial Seaweeds Market Revenue, 2019-2024 ($M)
10.UK Commercial Seaweeds Market Revenue, 2019-2024 ($M)
11.Germany Commercial Seaweeds Market Revenue, 2019-2024 ($M)
12.France Commercial Seaweeds Market Revenue, 2019-2024 ($M)
13.Italy Commercial Seaweeds Market Revenue, 2019-2024 ($M)
14.Spain Commercial Seaweeds Market Revenue, 2019-2024 ($M)
15.Rest of Europe Commercial Seaweeds Market Revenue, 2019-2024 ($M)
16.China Commercial Seaweeds Market Revenue, 2019-2024 ($M)
17.India Commercial Seaweeds Market Revenue, 2019-2024 ($M)
18.Japan Commercial Seaweeds Market Revenue, 2019-2024 ($M)
19.South Korea Commercial Seaweeds Market Revenue, 2019-2024 ($M)
20.South Africa Commercial Seaweeds Market Revenue, 2019-2024 ($M)
21.North America Commercial Seaweeds By Application
22.South America Commercial Seaweeds By Application
23.Europe Commercial Seaweeds By Application
24.APAC Commercial Seaweeds By Application
25.MENA Commercial Seaweeds By Application
26.E.I. Dupont De Nemours & Company, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.Roullier Group, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.Compo Gmbh & Co. Kg, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.Acadian Seaplants Limited, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Brandt, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.CP Kelco, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Gelymar, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.Seasol International Pty. Ltd, Sales /Revenue, 2015-2018 ($Mn/$Bn)