Commercial Seaweed Market size to exceed $92bn by 2025

Commercial Seaweed Market size is expected to cross USD 92 billion by 2025, according to research conducted by Global Market Insights, Inc.
 

Sustainable agriculture practices are being hindered due to a massive declination in the soil fertility due to the applications of inappropriate fertilizers. A significant demand for appropriate fertilizers has been expanded to sustain the food security due to the growing population. In recent years, the global agriculture industry has been facing a significant threat of producing more food in limited cultivable lands, to meet the growing food demand for a large population and minimizing the negative impacts on the environment. Sustainable agriculture techniques have been followed from the past few years and they require appropriate fertilizers to help the growth of agricultural productivity. They involve many kinds of processes that would enable to meet long-term needs of agricultural resources. To improve the stability of protecting environmental components and agricultural productivity, it is mainly necessary to promote the use of organic or eco-friendly fertilizers in a balanced way. Chemical fertilizers harm the cultivable lands whereas the natural fertilizers help to improve the soil quality and help to improve the productivity.


 

Request Sample Buy NowInquiry Before Buying

 

According to the FAO, in 2013, the global fertilizer nutrient consumption was 183.2 million tons, and this might reach around 220.0 million tons by the end of 2024, growing at a CAGR of 1.7% from 2017 to 2024. The high use of organic fertilizers leads to the decrease in the quality of soil, affecting the agriculture production. The above mentioned trends will bolster the global commercial seaweed demand the seaweed fertilizers are ecofriendly fertilizers, which help the soil to improve its composition, thereby assisting the production. The product contains many nutrients that benefit the plant growth. From the past few years, farmers have been using seaweeds to improve the plant growth as it contains nitrogen up to 1.2%, which can be delivered directly to plant roots when used as a fertilizer.
 

U.S. Commercial Seaweed Market Size, By End-Use, 2014 - 2025 (USD Million)
Commercial Seaweed Market

Get more details on this report - Request Free Sample PDF
 

Browse key industry insights spread across 230 pages with 257 market data tables & 26 figures & charts from the report, “Commercial Seaweed Market Size By Product (Red, Green, Brown), By Form (Wet, Dry), By End User (Food, Animal Feed, Pharma & Personal Care, Biofuels), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Italy, Norway, Ireland, China, India, Japan, Indonesia, South Korea, Thailand, Brazil, Chile, South Africa, Saudi Arabia, Oman, UAE), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2019 – 2025” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/commercial-seaweed-market
 

Commercial seaweed market is segmented into product, form, end use and region. The product segment is bifurcated into green, red and brown seaweeds. Among these, red and brown seaweed are widely used in food and pharma industry and collectively these segment will capture more than 70% volume share in forecast period.
 

Based on forms, the commercial seaweed market is splitted into dry and wet. Wet commercial seaweeds basically comprises liquid and wet both. The wet products are mostly preferred for direct consumption and will be registered the significant growth rate with more than 7.5% CAGR from 2019 to 2025. Dry products will valued more than USD 70 billion by 2025 owing to its wide usage in pharma and food sectors.
 

Animal feed, biofuels, food, pharma & personal care are the key end-use sectors in the market. The other end-use includes textiles, fertilizers, paper, chemical, etc. Food end-use segment will be valued more than USD 25 billion by 2025 due to the product is highly recommended for human consumption as sea vegetable and premium condiments. The significant rise in protein & mineral rich food demand in most of the emerging economies will complement the product market size in coming years. Seaweed is used as a staple food item in China, Japan and Korea since ancient times. The product is also used as a food item in Australia and far East regions and in Hawaii, people consume large amounts of seaweeds. Seaweed (locally known as Kaiso) accounts for more than 8% of the total Japanese diet and its consumption has reached an average of over 3.3 kg per household, a 20% rise over the last decade.
 

Based on region, the market is separated into five regions which include North America, Asia Pacific, Europe, Latin America and Middle East & Africa. Among these regions, Europe market will generated revenue close to USD 17 billion by 2025. This is all due to rising awareness about benefits of seaweed consumption, increase in people turning vegetarian and migration of people from demographics such as China and Japan to Europe.
 

Inquiry Before BuyingRequest Sample
 

Commercial seaweed market research report includes in-depth coverage of the industry with estimates & forecast in terms of volume in tons and revenue in USD million from 2014 to 2025, for the following segments:

Commercial Seaweed Market, By Product

  • Red Seaweed
  • Green Seaweed
  • Brown Seaweed

Commercial Seaweed Market, Form By End-Use

  • Wet
    • Food
    • Animal Feed
    • Pharma & personal care
    • Biofuels
    • Others
  • Dry
    • Food
    • Animal Feed
    • Pharma & personal care
    • Biofuels
    • Others

Commercial Seaweed Market, By End-Use

  • Food
  • Animal Feed
  • Pharma & personal care
  • Biofuels
  • Others

The above information is provided on a regional and country basis for the following:

  • North America
    • U.S.
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Norway
    • Ireland
  • Asia Pacific
    • China
    • India
    • Japan
    • Indonesia
    • Thailand
    • South Korea
  • Latin America
    • Brazil
    • Mexico
    • Chile
  • MEA
    • South Africa
    • Saudi Arabia
    • Oman
    • UAE

Explore More on Related Topics:

We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies. More info X