Commercial Seaweed Market 2019 Analysis, Growth Trends, Industry Analysis and Forecast Report By 2024
Category: #business  By Partha Ray  Date: 2019-09-12
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Commercial Seaweed Market 2019 Analysis, Growth Trends, Industry Analysis and Forecast Report By 2024

Global Market Insights, Inc. provides a detailed overview of Commercial Seaweed Market with respect to the pivotal drivers influencing the revenue graph of this business sphere. The current trends of market in conjunction with the geographical landscape, demand spectrum, remuneration scale, and growth graph of this vertical have also been included in this report.

The most notable growth avenue for the commercial seaweed market has been built through the application of hydrocolloids extracted from seaweeds in the food industry. The commercial application of hydrocolloids was initially developed in North America and Europe. However, the development of commercial farming in Asia Pacific has changed the hydrocolloids industry structure. Indonesia in recent times, has emerged as one of the leaders in the agar and carrageenan seaweed producers while China has taken up a remarkably leading position in the seaweed hydrocolloids processor market.

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As the demand for seaweed hydrocolloid continues to grow and novel technologies for processing are developed, seaweed processing is expected to gain traction, in consequence, propelling commercial seaweed industry.

Seaweed extracts are also gaining eminence across pharmaceuticals, textile, cosmetics, paper products and biofuels. An interesting scientific discovery that will potentially widen the scope for commercial seaweed industry is the use of dried seaweed as an additive to cattle feed. Cows release a significant amount of methane into the atmosphere, a gas that is estimated to be approximately 25 times worse than carbon dioxide. Dried seaweed has been found to be effective in controlling the gas problem in cows and eliminating methane by 50 to 70 percent. Commercial seaweed market is also gaining traction through innovative cultivation that has developed seaweed tasting like bacon.

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Commercial seaweed market has been thriving in Asia Pacific for the past many decades. The per capita consumption of seaweed in Japan currently is about 4 kg while China consumes around 2 to 2.5 kg. In consequence, Asia Pacific accounted for 75% of the entire commercial seaweed market share in 2016 and is expected to grow at a rapid pace over 2017-2024. Europe and North America have delved into the commercial seaweed industry comparatively recently, but the industry is projected to grow rapidly in these regions owing to the product’s massive application across myriad sectors.

Regional governments are not far behind when it comes to supporting the growth of commercial seaweed market. For instance, the US Department of Energy recently awarded $22 million to research teams to focus on the development of biofuel using seaweed. Aided by the participation of government bodies and industry players, commercial seaweed market is projected to witness a CAGR of 8% over 2017-2024. As per estimates, this business space is expected to surpass $87 billion by 2024.

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Commercial Seaweed Market has been gaining rapid traction in recent years, primarily on account of the rising number of valuable uses of seaweed—from food and fertilizer to pharmaceuticals and industrial gels. Incidentally, Asian countries like China, Japan, Korea, and Indonesia have already been lucrative growth grounds for commercial seaweed market for a long while. Lately though, the developed economies of the West have also been tapping into the wide range of health benefits that can be derived from seaweeds. The notion of using seaweed as a natural salt substitute in the light of the increasing prevalence of disorders such as hypertension has been fueling commercial seaweed industry.

Partial Report Content:

Chapter 1.    Methodology and Scope

1.1.    Methodology

1.1.1.    Initial data exploration

1.1.2.    Statistical model and forecast

1.1.3   . Industry insights and validation

1.1.4.    Definitions & forecast parameters

1.1.4.1.     Definitions

1.1.4.2.     Forecast parameters

1.2.    Data sources

1.2.1.    Secondary

1.2.2.    Primary

Chapter 2.    Executive Summary

2.1.    Commercial seaweed industry 360° synopsis, 2013 – 2024

2.1.1.    Business trends

2.1.2.    Product by end-user trends

2.1.3.    Form trends

2.1.4.    End-user trends

2.1.5.    Regional trends

Chapter 3.    Commercial Seaweed Industry Insights

3.1.    Industry segmentation

3.2.    Industry size and forecast, 2013 - 2024

3.3.    Industry ecosystem analysis

3.3.1     Vendor matrix

3.3.2.    Distributor channel analysis

3.4.    Technology landscape

3.5.    Raw material analysis

3.6.    Regulatory trends

3.6.1   . U.S.

3.6.2.    Europe

3.6.3.    China

3.7.    Pricing analysis

3.7.1.   Regional pricing

3.7.2.    Price by product

3.7.3.    Price by application

3.7.4.    Price by form

3.7.5.    Cost structure analysis

3.7.5.1.    R&D cost

3.7.5.2.    Manufacturing & equipment cost

3.7.5.3.    Distribution cost

3.7.5.4.    Operating cost

3.7.5.5.    Miscellaneous cost

3.8.    Industry impact forces

3.8.1. Growth drivers

3.8.1.1.    Increasing demand for seaweeds in food applications

3.8.1.2.    Growing demand for eco-friendly fertilizers

3.8.1.3.    Rising applications of seaweed hydrocolloids in various industry verticals

3.8.2.    Industry pitfalls & challenges

3.8.2.1.    Huge fluctuations in seaweed prices

3.9.    Innovation & sustainability

3.10. Growth potential analysis

3.10.1.       Emerging business models

3.11.    Porter’s analysis

3.12.    Competitive landscape

3.12.1.   Company market share, 2016

3.12.2.   Strategy dashboard

3.13. PESTEL analysis

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: mailto:[email protected]
Web: https://www.gminsights.com

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About Author

Partha Ray    

Partha Ray

Partha is into digital marketing since the last 3 years and has worked on multiple projects across various industries. An Computer Science engineer by education, he has prior experience in software development. His other interests include playing cricket & Hockey.

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