SHERIDAN, WY, USA, December 20, 2021 /EINPresswire.com/ – According to IMARC Group’s latest report, titled “Commercial Seaweed Market Size: Global Industry Trends, Share, Growth, Opportunity, and Forecast 2021 -2026 ”, the global commercial seaweed market has grown at a CAGR of around 8% during the period 2015-2020 and is expected to show moderate growth over the next five years.
Commercial algae or marine algae are a group of non-flowering, plant-like organisms (microalgae), which are widely consumed to meet nutritional needs. It is also used to produce hydrocolloids and improve soil conditioning due to its high fiber content. At present, it is commercially available in various pigments, such as brown, red, and green.
Baseline year: 2020
Forecast year: 2021-2026
As the novel coronavirus (COVID-19) crisis takes over the world, we are constantly monitoring changes in the markets, as well as the industrial behaviors of consumers around the world and our estimates on the latest market trends and forecasts are made afterwards. examining the impact of this pandemic.
Commercial seaweed market trends:
The widespread adoption of commercial seaweed in organic farming as a natural fertilizer and the rapid growth of the food and beverage (F&B) industry are the major factors driving the growth of the market. In addition to this, the increasing use of algae to absorb various heavy metal ions, such as cadmium and zinc, from polluted water is driving the growth of the market. Apart from this, the growing environmental awareness of consumers and extensive research and development (R&D) to find a suitable way to deploy and ferment excessive amounts of commercial algae are positively influencing the growth of the market.
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Global Commercial Seaweed Market Analysis and Segmentation 2021-2026:
The competitive landscape of the market has been studied in the report along with the detailed profiles of the major players operating in the market.
Acadian Seaplants Limited, Algaia SA (Maabarot Products Ltd.), Biostadt India Limited, BrandT Consolidated Inc., Cargill Incorporated, COMPO Expert GmbH, CP Kelco US Inc. (JM Huber Corporation), DuPont de Nemours Inc., Gelymar SA, Indigrow Ltd., Lonza Group AG, Seasol International Pty. Ltd. and TBK Manufacturing Corporation.
The report has segmented the market on the basis of region, product, form, and application.
Breakdown by product:
Breakage by shape:
Breakdown by application:
Breakdown by region:
North America: (United States, Canada)
Asia-Pacific: (China, Japan, India, South Korea, Australia, Indonesia, others)
Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America: (Brazil, Mexico Others)
Middle East and Africa
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Highlights of the report:
Market performance (2015-2020)
Market Outlook (2021-2026)
Porter’s Five Forces Analysis
Market drivers and success factors
Complete mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as part of the customization.
The IMARC group is a leading market research company providing management strategies and market research worldwide. We partner with clients across industries and regions to identify their most exciting opportunities, address their most critical challenges and transform their businesses.
IMARC’s information products include key business, scientific, economic and technological developments for business leaders in pharmaceutical, industrial and high-tech organizations. Market forecasting and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology, and new processing methods are at the top of the market. business expertise.
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