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Commercial Seaweed Market Share

  • Report ID: GMI1658
  • Published Date: Jul 2021
  • Report Format: PDF
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Commercial Seaweed Market Share

The commercial seaweed market participants are involved in several strategic initiatives, such as mergers, acquisitions, geographical expansion, partnerships and production capacity expansion among others. These key developments are likely to reinforce the market position of major manufacturers in order the improve the business profitability. For instance, in March 2021, Arcadian Seaplants Ltd. announced to double the production capacity of Deveau Center.
 

Some of the key players in the commercial seaweed industry include

  • Indigrow Ltd.
  • Seasol International
  • Seaweed Energy Solutions AS
  • Chase Organics GB Ltd.
  • Aquatic Chemicals
  • Acadian Seaplants Ltd. (ASL)
  • Pacific Harvest
  • Mara Seaweed
  • Algea AS
  • BIOSTADT INDIA LIMITED
  • W Hydrocolloids, Inc.
  • Marcel Carrageenan 
  • CP Kelco
Authors: Kiran Pulidindi, Akshay Prakash

Frequently Asked Questions (FAQ) :

Commercial seaweed market share exceeded USD 40 billion in 2020 and will grow at a CAGR of 9.6% between 2021 and 2027.

Brown seaweed accounted for a revenue of USD 20 billion in 2020 and will record a substantial share owing to the presence of alginic acid, which is widely used across numerous commercial applications.

The market revenue from food industry application will surpass 20.5 kilo tons through 2027 with rising usage of the product in direct food and food additives.

The Asia Pacific commercial seaweed market will record a CAGR of 10% over 2021-2027 due to increasing deployment of the product as a food source in countries comprising Japan, China, and the Republic of Korea.

Commercial Seaweed Market Scope

  • Commercial Seaweed Market Size
  • Commercial Seaweed Market Analysis
  • Commercial Seaweed Market Share

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    Premium Report Details

    • Base Year: 2020
    • Companies covered: 15
    • Tables & Figures: 314
    • Countries covered: 21
    • Pages: 250
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