Global Green Seaweed Market, By Form (Liquid, Powder, Flakes), Method of Harvesting (Aquaculture, Wild Harvesting), End User (Food and Beverages, Pharmaceuticals, Agriculture, Dietary Supplements, Animal Feed, Cosmetics and Personal Care, Biofuels, Others), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Green Seaweed Market
Green seaweed market size is expected to grow at a compound annual rate of 6.9% in the forecast period 2021 to 2028 and is likely to reach USD 2.09 billion by 2028. The rise in the awareness regarding the benefits of healthy eating lifestyle is the factor responsible for the growth of green seaweed market in the forecast period of 2021 to 2028.
Green seaweed also known as the green algae, have several diverse species. The green seaweeds have various marine representatives, such as hollow green weed, green fleece and sea lettuce. It is extensively used in the food and beverage industry owing its various hydrocolloid properties.
The major growing factor towards green seaweed market is the rise in the application scope of seaweed in pharmaceutical and personal care. Furthermore, the rise in the awareness regarding the health benefits of the product associated with high demand for foods and snacks derived from commercial seaweed are also expected to heighten the overall demand for green seaweed market over the forecast period of 2021 to 2028. Moreover, the high demand for seaweeds in food applications and high demand for eco-friendly fertilizers are also expected to serve as foremost drivers for the green seaweed market at a global level. In addition, the high demand in food processing industry and high demand in infant food products are also lifting the growth of the green seaweed market.
However, the high fluctuations in seaweed prices and high cost of the seaweed cultivated are projected to act as a restraint towards the growth of green seaweed market, whereas the toxicity coupled with the consumption of seaweeds can challenge the growth of the green seaweed market.
Moreover, the rapid technological developments in cultivating cultured seaweed, rise in the urban population and rise in the investments in application segments are expected to further generate new opportunities for the green seaweed market in the forecast period of 2021 to 2028.
This green seaweed market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on green seaweed market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Green Seaweed Market Scope and Market Size
Green seaweed market is segmented on the basis of form, method of harvesting and end user. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of form, the green seaweed market has been segmented into liquid, powder and flakes.
- On the basis of method of harvesting, the green seaweed market has been segmented into aquaculture and wild harvesting.
- The end user segment of the green seaweed market has been segmented into food and beverages, pharmaceuticals, agriculture, dietary supplements, animal feed, cosmetics and personal care, biofuels and others.
Green Seaweed Market Country Level Analysis
Green seaweed market is analyses and market size, volume information is provided by country, form, method of harvesting and end user as referenced above.
The countries covered in the green seaweed market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
Asia-Pacific leads the green seaweed market due to the rapid rise in the activities regarding the cultivation of the seaweed and favorable government support. North America is expected to expand at a significant growth rate over the forecast period of 2021 to 2028 due to the high demand for the plant based products and rapid rise in the popularity of vegan and vegetarian diet.
The country section of the green seaweed market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Green Seaweed Market Share Analysis
Green seaweed market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to green seaweed market.
The major players covered in the green seaweed report are Cargill, Incorporated, DuPont, AtSeNova, Beijing Leili Agricultural Co., Ltd, Pacific Harvest, Irish Seaweed, Ocean Rainforest, Indigrow Ltd, Marcel Carrageenan, Seaweed Solutions AS, Maine Coast Sea Vegetables, Kelp Industries, Pty, Ltd., Green Ocean Farming UK, Annie Chun's, Inc., The Seaweed Company, Organic Irish Seaweed-Emerald Isle, Cascadia Seaweed, Green Rise Agro Industries, CP Kelco U.S., Inc., and KwangcheonKim among other domestic and global players. Market share data is available for Global, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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