Global Commercial Seaweeds Market Size, Share, Future Prospects and Forecast 2020-2026
The commercial seaweeds market is anticipated to grow at a CAGR of 9.5% during the forecast period. Seaweeds are species of marine plants and algae. Seaweeds are found naturally or grown in the ocean as well as in rivers, lakes, and other water bodies for commercial purposes. Seaweeds contain various vitamins, minerals, and fiber, and some species of seaweeds are also widely used in the food & beverage industry. This is anticipated to significantly drive the commercial seaweed market during the forecast period.

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However, seaweed extraction in excessive amounts can harm marine life which is expected to restraint the growth of the commercial seaweed market. Moreover, strict regulation on the farming and extraction of seaweeds across the globe will also hamper the commercial seaweed market growth during the forecast period. However, usage of the seaweeds as a source for renewable energy can provide a significant opportunity to the commercial seaweed industry in the near future.

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Global Commercial Seaweeds Market Segmentation

By Type

Red Seaweeds

Brown Seaweeds

Green Seaweeds

By Form

Liquid

Powder

Flakes

By Application

Human Food

Animal Feed

Agriculture

Pharmaceutical

Others

Regional Analysis

North America

United States

Canada

Europe

UK

Germany

Italy

Spain

France

Rest of Europe

Asia-Pacific

China

India

Japan

Rest of Asia-Pacific

Rest of the World

Company Profiles

Acadian Seaplants Ltd.

Algaia SA

ATSEA Technologies

Biostadt India Ltd.

Cargill, Inc.

Compania Espanola de Algas Marinas SA (CEAMSA)

COMPO EXPERT GmbH

CP Kelco U.S., Inc. (J.M. HUBER)

Dalian Kowa Foods Co. Ltd.

DuPont de Nemours, Inc.

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