Global Seaweed Proteins Market, By Source (Red Seaweed, Brown Seaweed), Process (Conventional Method, Physical Processes, Enzymatic Hydrolysis, Chemical Extraction, Current Method, Ultrasound-Assisted Extraction, Pulsed Electric Field, Microwave-Assisted Extraction), Application (Food, Animal Feed and Additives, Personal Care and Cosmetics and 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 of Global seaweed proteins Market
Global seaweed proteins market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to account from USD 0.466 billion in 2020 to USD 1.256 billion by 2028 growing at a CAGR of 13.2% in the above-mentioned forecast period.
Seaweed is a marine algae which is used to extract nutrition and important gums. Seaweed is available in several forms and are used in different sectors such as food, pharmaceuticals, science, cosmetics, fertilizers making and industrial purposes. They are also known as rich source of calcium, vitamin K and Iron and have an antioxidant and anti-inflammatory properties which provides several health benefits to the consumers. The seaweed protein is extracted from green, brown and red seaweed.
The surging awareness across the globe regarding the health benefits of protein-based healthy products is estimated to boost the growth of the market. Other factors which plays significant role in driving the seaweed proteins market are prevalence of high blood pressure and cardiovascular diseases, increasing health consciousness and plant-based diet amongst the consumers, which increases demands for the seaweed market. The red seaweed source segment is estimated to have more demand which might generate new opportunities for the market. The adverse effect of excessive consumption of seaweed is a major challenge that might affect growth of the market within the forecast period.
This seaweed proteins 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 Data Bridge Market Research seaweed proteins market contact us for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Seaweed Proteins Market Scope and Market Size
Seaweed proteins market is segmented on the basis of source, process, and application. The growth amongst these segments will help you analyze meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of source, the seaweed proteins market is segregated into red seaweed, brown seaweed. Red seaweed is further segmented into eucheuma spp., Gracilaria spp., Porphyra spp., Kappaphycus alvarezii, Porphyra tenera and Eucheuma denticulatum. Brown seaweed is further segmented into laminaria japonica, undaria pinnatifida, sargassum fusiforme, green seaweeds, enteromorpha spp., and ulva spp.
- On the basis of process, the seaweed proteins market is segmented into conventional method, physical processes, enzymatic hydrolysis, chemical extraction, current method, ultrasound-assisted extraction, pulsed electric field, microwave-assisted extraction.
- On the basis of application, the seaweed proteins market is segmented into food animal feed & additives, personal care and cosmetics and others. Others are further segmented into chemicals, paints, nutraceuticals, and pharmaceuticals.
Seaweed Proteins Market Country Level Analysis
Seaweed proteins market is analyzed and market size insights and trends are provided by source, process, and application as referenced above.
The countries covered in the seaweed proteins market report 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 is the dominating region in the market as its large-scale producer as the seaweed is naturally available and highly consumed within the region. On the other hand, North America region is emerging as a lucrative market over the forecast period of 2021 to 2028 as consumers are switching towards the vegan, healthy and organic products.
The country section of the seaweed proteins 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 Global Seaweed Proteins Market Share Analysis
Seaweed proteins 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 and application dominance. The above data points provided are only related to the companies’ focus related to seaweed proteins market.
The major players covered in the seaweed proteins Market report are CP Kelco U.S., Inc., Algaia, Gelymar S.A, Seasol, Cargill Incorporated, Compo Expert GmBH, DuPont, Qingdao Gather Great Ocean Algae Industry Group Co Ltd., Qingdao Seawin Biotech Group Co. Ltd., Maine Coast Sea Vegetables, The Seaweed Company, AtSeaNova, AAL, Beijing Leili Agricultural Co., Ltd, AquAgri Processing Pvt. Ltd., Algaia, Ceamsa, Celtic Sea Spice Company Ltd, Qingdao Gather Great Ocean Algae Industry Group Co Ltd, Seasol,and Irish Seaweed 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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