The commercial seaweeds market was valued at USD 13.07 billion in 2017 and is projected to reach USD 21.11 billion by 2023, at a CAGR of 8.4% from 2018, in terms of value. The objective of this study is to define, segment, and project the size of the commercial seaweeds market based on types, forms, methods of harvesting, applications, and regional presence, over a five-year period ranging from 2018 to 2023.
Objectives of the study are as follows:
- Identifying attractive opportunities in the market by determining the largest and fastest-growing segments across regions
- Analyzing the demand-side factors on the basis of the following:
- Impact of macroeconomic and microeconomic factors on the market
- Shift in demand patterns across different subsegments and regions
- Identifying and profiling key players and manufacturers in the commercial seaweeds market
- Providing a comparative analysis of market leaders on the basis of the following:
- Product offerings
- Business strategies
- Strengths, weaknesses, opportunities, and threats
- Key financials
- Understanding the competitive landscape and identifying major growth strategies adopted by players across key regions
- Providing insights on key investments in product innovation and application
The years and periodization considered for the study are as follows:
- Base year: 2017
- Beginning of the projection period: 2018
- End of the projection period: 2023
This report includes the estimation of the market size for value (USD million). Both, top-down and bottom-up approaches were used to estimate and validate the size of the commercial seaweeds market and to estimate the size of various other dependent submarkets. Key players in the market were identified through secondary research (FAO, Bloomberg Businessweek, and companies’ annual reports). All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources.
Market Ecosystem
The contributors involved in the value chain of commercial seaweeds include manufacturers, suppliers, distributors, importers, and exporters. The key players in the commercial seaweeds market include DowDuPont (US), Cargill (US), Roullier Group (France), COMPO EXPERT (Germany), Biostadt India (India), CP Kelco (US), BRANDT (US), Acadian Seaplants (Canada), Gelymar (Chile), Seasol international (Australia), Algea (Norway), Algaia (France), CEAMSA (Spain), and Seawin biotech (China).
Target Audience
- Commercial seaweeds manufacturers
- Commercial seaweeds importers and exporters
- Commercial seaweeds traders, distributors, and suppliers
- Food products manufacturers, processors, distributors, and traders
- Feed manufacturers, processors, distributors, and traders
- Agricultural fertilizers manufacturers, processors, distributors, and traders
- Manufacturers, processors, distributors, and traders of other applications, such as cosmetics and pharmaceuticals
Food&farming 