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Commercial Seaweeds Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

June 2022 | 142 pages | ID: C6FEE8708B2BEN
IMARC Group

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The global commercial seaweeds market reached a value of US$ 17.7 Billion 2021. Looking forward, IMARC Group expects the market to reach US$ 31.0 Billion by 2027, exhibiting a CAGR of 9.71% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

Commercial seaweeds are macroalgae grown in lakes, rivers, oceans, and other water bodies. They are used as a food source for aquatic animals as they are enriched with proteins, vitamins, minerals, fibers, iodine, and antioxidants. They are also extensively utilized to produce water-soluble carbohydrates or hydrocolloids, which further find numerous applications in the food and beverage (F&B) industry to increase the viscosity of aqueous solutions. Additionally, due to their high fiber content, commercial seaweeds are employed as soil conditioners or applied directly or watered around the root areas.Besides this, they are gaining traction in the cosmetics industry to improve moisture retention properties of products, including creams and lotions.

Commercial Seaweeds Market Trends:
The growing global population and the increasing health consciousness among individuals are among the key factors positively influencing the use of commercial seaweeds in food products. This can also be attributed to the growing awareness about the therapeutic and medicinal properties of seaweeds, which include minimizing the risk of heart diseases and lifestyle-related diseases, promoting gut health, and reducing blood cholesterol levels. Moreover, the increasing use of seaweeds in formulating medicines for coronavirus disease (COVID-19) and various chronic conditions is creating lucrative growth opportunities for manufacturers to expand their market reach. Additionally, increasing investments in the production of animal feed and natural fertilizers formulated from seaweeds are creating a positive outlook for the market. Apart from this, rising environmental concerns and stringent fuel and emission standards implemented by governments of various countries to encourage the production of biofuels are catalyzingthe demand for commercial seaweeds across the globe.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global commercial seaweeds market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on product, form, and application.

Breakup by Product:

Brown Seaweeds
Red Seaweeds
Green Seaweeds

Red seaweed exits represents the most popular product on account of its numerous health benefits, which include regulating blood sugar levels and reducing bad cholesterol levels.

Breakup by Form:

Liquid
Powdered
Flakes

Liquid commercial seaweed accounts for the majority of the total market share as it is utilized for increasing both the plant and soil health.

Breakup by Application:

Agriculture
Animal Feed
Human Consumption
Others

Breakup by Region:

North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:
The competitive landscape of the market has been analyzed in the report, along with the detailed profiles of the major players operating in the industry. Some of these players are Acadian Seaplants Limited, Algaia SA (Maabarot Products Ltd.), Biostadt India Limited, BrandT Consolidated Inc., Cargill Incorporated, COMPO Expert GmbH, CP Kelco U.S. Inc (J.M. Huber Corporation), DuPont de Nemours Inc., Gelymar S.A., Indigrow Ltd., Lonza Group AG, Seasol International Pty. Ltd., and TBK Manufacturing Corporation.

Key Questions Answered in This Report:
How has the global commercial seaweeds market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global commercial seaweeds market?
What are the key regional markets?
What is the breakup of the market based on the product?
What is the breakup of the market based on the form?
What is the breakup of the market based on the application?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global commercial seaweeds market and who are the key players?
What is the degree of competition in the industry?
1 PREFACE

2 SCOPE AND METHODOLOGY

2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
  2.3.1 Primary Sources
  2.3.2 Secondary Sources
2.4 Market Estimation
  2.4.1 Bottom-Up Approach
  2.4.2 Top-Down Approach
2.5 Forecasting Methodology

3 EXECUTIVE SUMMARY

4 INTRODUCTION

4.1 Overview
4.2 Key Industry Trends

5 GLOBAL COMMERCIAL SEAWEEDS MARKET

5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast

6 MARKET BREAKUP BY PRODUCT

6.1 Brown Seaweeds
  6.1.1 Market Trends
  6.1.2 Market Forecast
6.2 Red Seaweeds
  6.2.1 Market Trends
  6.2.2 Market Forecast
6.3 Green Seaweeds
  6.3.1 Market Trends
  6.3.2 Market Forecast

7 MARKET BREAKUP BY FORM

7.1 Liquid
  7.1.1 Market Trends
  7.1.2 Market Forecast
7.2 Powdered
  7.2.1 Market Trends
  7.2.2 Market Forecast
7.3 Flakes
  7.3.1 Market Trends
  7.3.2 Market Forecast

8 MARKET BREAKUP BY APPLICATION

8.1 Agriculture
  8.1.1 Market Trends
  8.1.2 Market Forecast
8.2 Animal Feed
  8.2.1 Market Trends
  8.2.2 Market Forecast
8.3 Human Consumption
  8.3.1 Market Trends
  8.3.2 Market Forecast
8.4 Others
  8.4.1 Market Trends
  8.4.2 Market Forecast

9 MARKET BREAKUP BY REGION

9.1 North America
  9.1.1 United States
    9.1.1.1 Market Trends
    9.1.1.2 Market Forecast
  9.1.2 Canada
    9.1.2.1 Market Trends
    9.1.2.2 Market Forecast
9.2 Asia-Pacific
  9.2.1 China
    9.2.1.1 Market Trends
    9.2.1.2 Market Forecast
  9.2.2 Japan
    9.2.2.1 Market Trends
    9.2.2.2 Market Forecast
  9.2.3 India
    9.2.3.1 Market Trends
    9.2.3.2 Market Forecast
  9.2.4 South Korea
    9.2.4.1 Market Trends
    9.2.4.2 Market Forecast
  9.2.5 Australia
    9.2.5.1 Market Trends
    9.2.5.2 Market Forecast
  9.2.6 Indonesia
    9.2.6.1 Market Trends
    9.2.6.2 Market Forecast
  9.2.7 Others
    9.2.7.1 Market Trends
    9.2.7.2 Market Forecast
9.3 Europe
  9.3.1 Germany
    9.3.1.1 Market Trends
    9.3.1.2 Market Forecast
  9.3.2 France
    9.3.2.1 Market Trends
    9.3.2.2 Market Forecast
  9.3.3 United Kingdom
    9.3.3.1 Market Trends
    9.3.3.2 Market Forecast
  9.3.4 Italy
    9.3.4.1 Market Trends
    9.3.4.2 Market Forecast
  9.3.5 Spain
    9.3.5.1 Market Trends
    9.3.5.2 Market Forecast
  9.3.6 Russia
    9.3.6.1 Market Trends
    9.3.6.2 Market Forecast
  9.3.7 Others
    9.3.7.1 Market Trends
    9.3.7.2 Market Forecast
9.4 Latin America
  9.4.1 Brazil
    9.4.1.1 Market Trends
    9.4.1.2 Market Forecast
  9.4.2 Mexico
    9.4.2.1 Market Trends
    9.4.2.2 Market Forecast
  9.4.3 Others
    9.4.3.1 Market Trends
    9.4.3.2 Market Forecast
9.5 Middle East and Africa
  9.5.1 Market Trends
  9.5.2 Market Breakup by Country
  9.5.3 Market Forecast

10 SWOT ANALYSIS

10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats

11 VALUE CHAIN ANALYSIS

12 PORTERS FIVE FORCES ANALYSIS

12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes

13 PRICE ANALYSIS

14 COMPETITIVE LANDSCAPE

14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
  14.3.1 Acadian Seaplants Limited
    14.3.1.1 Company Overview
    14.3.1.2 Product Portfolio
  14.3.2 Algaia SA (Maabarot Products Ltd.)
    14.3.2.1 Company Overview
    14.3.2.2 Product Portfolio
  14.3.3 Biostadt India Limited
    14.3.3.1 Company Overview
    14.3.3.2 Product Portfolio
  14.3.4 BrandT Consolidated Inc.
    14.3.4.1 Company Overview
    14.3.4.2 Product Portfolio
  14.3.5 Cargill Incorporated
    14.3.5.1 Company Overview
    14.3.5.2 Product Portfolio
    14.3.5.3 SWOT Analysis
  14.3.6 COMPO Expert GmbH
    14.3.6.1 Company Overview
    14.3.6.2 Product Portfolio
    14.3.6.3 Financials
  14.3.7 CP Kelco U.S. Inc (J.M. Huber Corporation)
    14.3.7.1 Company Overview
    14.3.7.2 Product Portfolio
  14.3.8 DuPont de Nemours Inc.
    14.3.8.1 Company Overview
    14.3.8.2 Product Portfolio
    14.3.8.3 Financials
  14.3.9 Gelymar S.A.
    14.3.9.1 Company Overview
    14.3.9.2 Product Portfolio
  14.3.10 Indigrow Ltd.
    14.3.10.1 Company Overview
    14.3.10.2 Product Portfolio
  14.3.11 Lonza Group AG
    14.3.11.1 Company Overview
    14.3.11.2 Product Portfolio
    14.3.11.3 Financials
    14.3.11.4 SWOT Analysis
  14.3.12 Seasol International Pty. Ltd.
    14.3.12.1 Company Overview
    14.3.12.2 Product Portfolio
  14.3.13 TBK Manufacturing Corporation
    14.3.13.1 Company Overview
    14.3.13.2 Product Portfolio

LIST OF TABLES

Table 1: Global: Commercial Seaweeds Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Commercial Seaweeds Market Forecast: Breakup by Product (in Million US$), 2022-2027
Table 3: Global: Commercial Seaweeds Market Forecast: Breakup by Form (in Million US$), 2022-2027
Table 4: Global: Commercial Seaweeds Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 5: Global: Commercial Seaweeds Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: Global: Commercial Seaweeds Market: Competitive Structure
Table 7: Global: Commercial Seaweeds Market: Key Players

LIST OF FIGURES

Figure 1: Global: Commercial Seaweeds Market: Major Drivers and Challenges
Figure 2: Global: Commercial Seaweeds Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Commercial Seaweeds Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Commercial Seaweeds Market: Breakup by Product (in %), 2021
Figure 5: Global: Commercial Seaweeds Market: Breakup by Form (in %), 2021
Figure 6: Global: Commercial Seaweeds Market: Breakup by Application (in %), 2021
Figure 7: Global: Commercial Seaweeds Market: Breakup by Region (in %), 2021
Figure 8: Global: Commercial Seaweeds (Brown Seaweeds) Market: Sales Value (In Million US$), 2016 & 2021
Figure 9: Global: Commercial Seaweeds (Brown Seaweeds) Market Forecast: Sales Value (In Million US$), 2022-2027
Figure 10: Global: Commercial Seaweeds (Red Seaweeds) Market: Sales Value (In Million US$), 2016 & 2021
Figure 11: Global: Commercial Seaweeds (Red Seaweeds) Market Forecast: Sales Value (In Million US$), 2022-2027
Figure 12: Global: Commercial Seaweeds (Green Seaweeds) Market: Sales Value (In Million US$), 2016 & 2021
Figure 13: Global: Commercial Seaweeds (Green Seaweeds) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Commercial Seaweeds (Liquid) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Commercial Seaweeds (Liquid) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Commercial Seaweeds (Powdered) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Commercial Seaweeds (Powdered) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Commercial Seaweeds (Flakes) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Commercial Seaweeds (Flakes) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Commercial Seaweeds (Agriculture) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Commercial Seaweeds (Agriculture) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Commercial Seaweeds (Animal Feed) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Commercial Seaweeds (Animal Feed) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: Commercial Seaweeds (Human Consumption) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: Commercial Seaweeds (Human Consumption) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Global: Commercial Seaweeds (Others) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Global: Commercial Seaweeds (Others) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: North America: Commercial Seaweeds Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: North America: Commercial Seaweeds Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: United States: Commercial Seaweeds Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: United States: Commercial Seaweeds Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: Canada: Commercial Seaweeds Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: Canada: Commercial Seaweeds Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: Asia-Pacific: Commercial Seaweeds Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: Asia-Pacific: Commercial Seaweeds Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: China: Commercial Seaweeds Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: China: Commercial Seaweeds Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: Japan: Commercial Seaweeds Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: Japan: Commercial Seaweeds Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: India: Commercial Seaweeds Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: India: Commercial Seaweeds Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: South Korea: Commercial Seaweeds Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: South Korea: Commercial Seaweeds Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: Australia: Commercial Seaweeds Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: Australia: Commercial Seaweeds Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: Indonesia: Commercial Seaweeds Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: Indonesia: Commercial Seaweeds Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: Others: Commercial Seaweeds Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: Others: Commercial Seaweeds Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: Europe: Commercial Seaweeds Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: Europe: Commercial Seaweeds Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: Germany: Commercial Seaweeds Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: Germany: Commercial Seaweeds Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: France: Commercial Seaweeds Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: France: Commercial Seaweeds Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: United Kingdom: Commercial Seaweeds Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: United Kingdom: Commercial Seaweeds Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: Italy: Commercial Seaweeds Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: Italy: Commercial Seaweeds Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: Spain: Commercial Seaweeds Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: Spain: Commercial Seaweeds Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: Russia: Commercial Seaweeds Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: Russia: Commercial Seaweeds Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: Others: Commercial Seaweeds Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: Others: Commercial Seaweeds Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: Latin America: Commercial Seaweeds Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: Latin America: Commercial Seaweeds Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: Brazil: Commercial Seaweeds Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: Brazil: Commercial Seaweeds Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: Mexico: Commercial Seaweeds Market: Sales Value (in Million US$), 2016 & 2021
Figure 71: Mexico: Commercial Seaweeds Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 72: Others: Commercial Seaweeds Market: Sales Value (in Million US$), 2016 & 2021
Figure 73: Others: Commercial Seaweeds Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 74: Middle East and Africa: Commercial Seaweeds Market: Sales Value (in Million US$), 2016 & 2021
Figure 75: Middle East and Africa: Commercial Seaweeds Market: Breakup by Country (in %), 2021
Figure 76: Middle East and Africa: Commercial Seaweeds Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 77: Global: Commercial Seaweeds Industry: SWOT Analysis
Figure 78: Global: Commercial Seaweeds Industry: Value Chain Analysis
Figure 79: Global: Commercial Seaweeds Industry: Porter's Five Forces Analysis


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