(Food-Beverage-News.Com, October 24, 2017 ) Market Data Forecast | Recent Published Study | Commercial Seaweeds Market by Form (Flakes, Liquid, Powdered), by Type (Brown Seaweeds, Green Seaweeds, Red Seaweeds), by Application (Agriculture, Animal Feed, Food, Others), and by Region - Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts (2016–2021)
Key Findings of the study: • The Global Commercial Seaweeds Market was worth USD 11.56 billion in 2016 and estimated to be growing at a CAGR of 9.25%, to reach USD 18 billion by 2021. • The Commercial Seaweeds market is showing evident potential in the mentioned forecasting period. The market continues to gain momentum with the emergence of the market in the developed countries, which has been responsible for gaining interest from various companies. • Rising number of applications of commercial seaweeds has been a driving factor for the growth of the commercial seaweeds market. Apart from this, other drivers include increasing seaweed harvesting and usage, medical uses of a seaweed called spirulina, emerging seaweeds as snacks, application of seaweeds in bio-refining. The market faces some challenges and restraints as well, which include harmful effects of excessive use, natural calamities leading to decline in production. These factors have been holding back the market from its full potential. • The Commercial Seaweeds market was dominated by Asia-Pacific, with the overall market share of over 34% globally. Asia-Pacific was followed by North America and Europe. North America is predicted to grow at a rapid pace while Asia Pacific market is expected to be stagnant in the coming few years. • Some of the major companies dominating the Commercial Seaweeds Market, by their products and services include E.I. Dupont De Nemours and Company, Cargill Incorporated, Roullier Group, Compo Gmbh & Co. Kg, Biostadt India Limited, Acadian Seaplants Limited, Brandt, CP Kelco, Gelymar, Seasol International Pty. Ltd.
Commercial Seaweeds Market Segmentation: By Form: • Introduction • Flakes • Liquid • Powdered • Y-o-Y Growth Analysis, By Form • Market Attractiveness Analysis, By Form • Market Share Analysis, By Form
By Type • Introduction • Brown Seaweeds • Green Seaweeds • Red Seaweeds • Y-o-Y Growth Analysis, By Type • Market Attractiveness Analysis, By Type • Market Share Analysis, By Type
By Application • Introduction • Agriculture • Animal Feed • Food • Other Applications • Y-o-Y Growth Analysis, By Application • Market Attractiveness Analysis, By Application • Market Share Analysis, By Application
By Geography • Introduction • North America • Europe • Asia-Pacific • Latin America • Middle East & Africa
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