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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Commercial Seaweed Market to witness growth of $87 Bn By 2024: Global Market Insights Inc.
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Commercial Seaweed Market size is forecast to exceed USD 87 billion. Growing consciousness of consumers on their health, rise in vegetarian population especially in Europe will fuel the demand for seaweeds. The rising demand for seaweeds, in the manufacture of hydrocolloids, such as agar, alginate, and carrageenan are projected to spur the increasing demand for commercial seaweed products in the forecast period. Unstable prices of seaweeds in their wet form, act as a major restraint to the growth of global market over the forecast period. The prices of seaweeds in their wet form vary frequently dependent on numerous aspects, such as production, environment, and improper distribution in some particular regions. Powder seaweed segment is predicted to gain developed acceptance rate more than liquid seaweed products in industries such as textile, direct food, pharma & medical, food additives among others and will have a growth over 8% CAGR over the coming years. Key Insights from Commercial Seaweed Market
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Rising consumption of seaweed-based hydrocolloids for thickening, and gelling applications as food additives, processed meat & poultry products will further drive the commercial seaweed market in the projected period. Animal feed produced from seaweed products acts as a rich source of protein & helps in improving the livestock’s health, by helping in increasing milk production, and fertility. Large number of farmers are demanding seaweed products for animal feed especially in Europe & China, thus boosting the demand of seaweed-based animal feed products till the end of 2024. Significant global players in global market are Aquatic Chemicals, Seasol International, Indigrow Ltd., Algea AS, Yan Cheng, Pacific Harvest, Chase Organics GB Ltd., Mara Seaweed, Acadian Seaplants Ltd., CP Kelco, and others. Continued...
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com U.S. Commercial Seaweed Market Size, by End-Users, 2013 - 2024 (USD Million)
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Browse Full Market Research Report On Fenugreek Seed Extract Market @ https://goo.gl/9NMmKxhttps://goo.gl/9NMmKx Request for a Sample of this Research Report @ https://www.gminsights.com/request-sample/detail/1658 https://www.gminsights.com https://www.gminsights.com/request- sample/detail/49
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