(Food-Beverage-News.Com, November 09, 2017 ) The Europe Commercial Seaweeds Market is expected to grow at a CAGR of 10.35% and reach USD 4.16 billion in 2021 from USD 2.54 billion in 2016. The Commercial Seaweeds market is expected to show evident potential in the forecasting period. The market continues to build up momentum with emerging market in developed countries with rising economies. This has resulted in various companies investing in the market.
Market Conditions: 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 are increasing seaweed harvesting and usage, emerging seaweeds as snacks, medical uses of seaweed called spirulina, application of seaweeds in bio-refining. The market also faces some challenges as well as restraints, which include harmful effects of overuse and natural calamities resulting in decline in production. These factors have been holding the market back from its full potential.
Europe Commercial Seaweeds Market Segmentation: • By Form: Introduction Flakes, Liquid and Powdered • By Type: Introduction, Brown Seaweeds, Green Seaweeds, Red Seaweeds • By Application: Introduction, Agriculture, Animal Feed, Food and Other Applications • By Geography: Introduction, UK, Spain, Germany, Italy and France
Some of the key players in Europe Commercial Seaweeds Market: • E.I. Dupont De Nemours and Company • Gelymar • Cargill Incorporated • Compo Gmbh & Co. Kg • Roullier Group • Acadian Seaplants Limited • Biostadt India Limited • CP Kelco • Brandt • Seasol International Pty. Ltd
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